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The Man Who Put His Money Behind Psychedelic Medicine

By 1970, acid and related compounds had become part of a dangerous menu of street drugs, and governments cracked down, bringing research to a near halt. Other mind-altering recreational drugs, like psilocybin (the ingredient in magic mushrooms) and MDMA, or ecstasy, also landed on the lists of banned substances. The …

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DealBook Briefing: Is U.S. Ready to Rein in Big Tech?

Good Thursday morning. Programming note: I’m going to be in conversation with Blackstone’s co-founder and C.E.O., Stephen Schwarzman, about his new book, “What It Takes: Lessons in the Pursuit of Excellence,” and about the global economy and philanthropy for a DealBook TimesTalk in New York on Sept. 16. Get your …

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A Nobel-Winning Economist Goes to Burning Man

BLACK ROCK CITY, Nev. — It was dusk on the opening night of Burning Man, and the makers and misfits were touching up their art projects and orgy dens. Subwoofers oontz-oontzed as topless cyclists draped in glowing LEDs pedaled through the desert. And Paul Romer, a reigning laureate of the …

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