peHUB First Read

* Brad Feld: Venture capital as a produce supplier

* Clay Shirkey: Does the Internet make you smarter?

* The New York Times fights back against Foursquare and Yelp

* Morning Call: U.S. futures point lower, London falls early, European shares retreat and the Nikkei loses nearly 4%.

* How pension funds exploit credit default swaps

* Today in carried interest: James Robinson says populist blather is approaching high-water mark (remember Jim, I was blathering at the low-water mark) and the Economix blog weighs in.

* 10 states with the highest % of residents who work for the government (much more red than blue…)

* On Thursday, a Stifel Nicolaus analyst said that American Capital was risking bankruptcy. On Friday, it looked like his note may have changed the company’s fortunes.

* Is China the new Silicon Valley?

* Why M&A attorney Frank Aquila tweets: