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Weekly News Digest

Pedal Pushers: When Bikes Became the Vehicle for a Bubble - The Lookout Investor. The original bicycles (Penny Farthings) were uncomfortable, hard to pedal, and not practical. Not to mention unsafe. This problem was solved by the safety bike which consisted of three key innovations. 

They Know How to Prevent Megafires. Why Won't Anybody Listen? - Propublica. "Academics believe that between 4.4 million and 11.8 million acres burned each year in prehistoric California. Between 1982 and 1998, California's agency land managers burned, on average, about 30,000 acres a year.  Between 1999 and 2017, that number dropped to an annual 13,000 acres."    

Anders Tegnell and the Swedish Covid experiment - Financial Times. The controversial epidemiologist believes lockdown is ‘using a hammer to kill a fly’. Could he be proved right? 

Get Ready for the Great Urban Comeback - The Atlantic.  "Visionary responses to catastrophes have changed city life for the better. The comforts and infrastructure we take for granted were born of age-old afflictions: fire, flood, pestilence." 

The Tower Builder - The New Yorker. On the anniversary of 9/11: A profile of the World Trade Center’s structural engineer, whose design may have saved thousands of lives in the key moments after the attack. 

Looking to Buy a Used Car in the Pandemic? So is Everyone Else - The New York Times. Now is the best time in years to trade in a used car. Average prices for used vehicles rose 16% in July.