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The Week’s Best Business and Finance Longreads: Business Beast’s Picks for the Week of November 9, 2012
Monopoly Is Theft
Christopher Ketcham, Harper’s
Did America’s most capitalist board game start as a way to promote an obscure 19th century economic philosophy?
S&P Gets In Trouble For Giving AAA Rating to Obviously Terrible Thing
Matt Levine, Dealbreaker
It was a product designed purely to game S&P’s models, and now the ratings agency is paying the price.
Wall Street’s Love Affair With Ireland May Be Over
Cyrus Sanati, Fortune
No European country flew so high—and crashed so hard—as Ireland. Is the “Celtic Tiger” really back?
How Zara Grew Into the World’s Largest Fashion Retailer
Suzy Hansen, New York Times Magazine
Zara’s parent company makes 840 million garments that it sells in nearly 6,000 stores, and made the media-shy Spaniard Amancio Ortega Gaona the third richest man in the world.
Heartland Draws Hispanics to Help Revive Small Towns
Miriam Jordan, Wall Street Journal
Small town America isn’t dying, but it is getting browner.