“In a case of a company like Robinhood, it’s not enough for them to have users on the site. You actually have to get them to hit the Buy or Sell button. You’ve got to make that feel like it’s inconsequential. You’ve got to lower all the barriers resistant people might have to making financial decisions, so that you don’t even think about the money at all.” The New Yorker’s Sheelah Kolhatkar on Robinhood’s Big Gamble. “Is the app democratizing finance or encouraging risky behavior?” (If you believe high finance is going to be democratized, Friar Tuck has a bridge he’d like to sell you.)

+ “To put it plainly, the stock market is not representative of the whole economy, much less American society. And what it is representative of did fine.” Vox: Why stocks soared while America struggled.