Here in the United States, it’s my favorite holiday today: Thanksgiving! Why is Thanksgiving my favorite holiday, you ask? I guess it’s because everyone in America participates (it’s a secular holiday). It’s about celebrating the stuff we have, rather than thinking about the stuff we want to have (cf Christmas). And, it’s about eating amazing food with the people we love, which, if you think about it, is the penultimate answer to the long list of life’s “why” questions. (Why do you work? I want to make money. Why do you need money? I want to be able buy stuff. Why do you want to buy stuff? I want to eat well and drink heartily with the people I love! Why do you want to do that? To be happy. Final answer.) Oh, and Thanksgiving is always on a Thursday, so it comes with two days off of work, which is very nice.
Anyway, I’m taking today and tomorrow off (yes, I wrote this post yesterday). But, given that most of this blog’s readership is outside the US, I thought I’d do a “weekend reading” post for non-American readers. Here you go:
- Bernardo Bortolotti, Veljko Fotak, William L. Megginson, and William F. Miracky have a new paper entitled “Quiet Leviathans: Sovereign Wealth Fund Investment, Passivity, and the Value of the Firm.”
- Matt Krzepkowski and Jack Mintz have a new paper entitled “Canada’s Foreign Direct Investment Challenge: Reducing Barriers and Ensuring a Level Playing Field in Face of Sovereign Wealth Funds and State-Owned Enterprises.”
- Matthias Lücke has a new paper entitled “Stabilization and Savings Funds to Manage Natural Resource Revenues: Kazakhstan and Azerbaijan vs. Norway.”
Enjoy your long weekend!