Commentary on living longer, what banking and the public sector have in common, Atwood on financial capitalism and losing then winning.

Life expectancy is always underestimated.

Conversable Economist -- What if Life Expectancy Grows Faster?
Rising life expectancy is a good thing; indeed, Kevin Murphy and Robert Topel estimated in a 2006 paper in the Journal of Political Economy ("The Value of Health and Longevity," 114:5, pp. 871-904) that the 30 years of additional life expectancy gained by an average American during the 20th century was $1.3 million per person.

Getting in the way of growth.

Economist -- The question of extractive elites
Bankers and the public sector may both be enemies of growth.

Related.

Economist -- Historians versus economists
THIS week's column focuses on an idea from "Why Nations Fail", a book by two economists, Daron Acemoglu and James Robinson, about the importance of political institutions to economic growth.

And Margaret on financial capitalism.

Financial Times -- Our faith is fraying in the god of money
Trading is as old as humanity, and possibly older. It’s based on the notions of fairness and balance – something children recognise very early in life.

After losing last night to the Los Angles Kings, the Vancouver Canucks may (need to) take solace from the lessons learned by the 1982 Edmonton Oilers following the Miracle on Manchester.

The Atlantic -- What Wayne Gretzky Learned From an Embarrassing 1982 Defeat
If you've ever fallen into the habit of watching old sporting events in the middle of the night, maybe you've noticed that the sprites can start playing with your imagination.

 

youtube -- 1982 Edmonton Oilers vs LA Kings - The Miracle on Manchester