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Weekly News Digest

U.S. Auction Theorists Win the 2020 Nobel in Economics - The New York Times. Two American economists, Paul R. Milgrom and Robert B. Wilson, were awarded the Nobel in economic science for improvements to auction theory and inventions of new auction formats — innovations that have had huge practical applications when it comes to allocating scarce resources.

We Have Too Much Beer (and Soda, and Seltzer) and Not Enough Cans - The Washington Post.  A can shortage threatens craft brewers already struggling from weak sales because of bar and restaurant closures.   

The Top 100 - Close-Up Photographer of the Year.  See the world anew. Celebrating close-up, macro & micro photography.

Uberman Keeps on Running—and Swimming and Biking - Malibu Times. Uberman encompasses a 21-mile ocean swim from Catalina Island to Palos Verdes, followed by a 400-mile bike ride that passes through Malibu, out of the Los Angeles area and up 20,000 vertical feet before dropping to Death Valley’s Badwater Basin, the lowest point in North America. Out of breath yet?

A Breakdown of Amazon's Revenue Model - Visual Capitalist. Amazon has become the world's most valuable retailer, despite the fact it's projected to make up less than 5% of U.S. retail sales by the end of 2020. While most people are familiar with Amazon's core business, there are a number of business segments fueling the company's growing revenue.

Moneyball is Over. Long Live Moneyball - GQ. Looking back on the twin legacies of pioneering sports execs Billy Beane and Daryl Morey, who tried their best to solve sports—and proved how unsolvable they really are.

Schools Aren't Super-Spreaders - The Atlantic. When some school districts re-opened this fall, many feared a widespread surge in Covid-19 infections.  Initial testing data on student populations indicate those fears were likely overblown.