Wednesday assorted links and non-links
1. New York City parents care about the quality of the peers when choosing a school for their kids, not the effectiveness of the school per se.
2. Secular stagnation vs. technological lull?
3. Dan Klein on Covid and Coase.
4. “Investors are betting, in part, that the Covid-19 crisis accelerates the already growing power of America’s corporate colossuses.” (NYT)
5. NYT covers Sweden. In my view we still don’t know how well the Swedish experiment is working out, but a continuing verdict of “we still don’t know” does in fact favor Sweden relative to priors. And Thomas Friedman (NYT) on Sweden. And update on some Swedish numbers.
6. A reader email on why child abuse is not opposed more passionately: “Basically, I think it comes down to the problem of agency vs structure. The left (including myself) wants to emphasize that problems have large structural components so we need to change the system. However individual heinous acts don’t fit neatly into that paradigm. Plus, child abuse is pervasive enough that it is sort of structural itself, and talking about it can sound like blaming a community or demographic, or hitting close to racism. No idea why the right doesn’t emphasize it more other than the idea that it’s somehow “traditional”?”
7. Mel Baggs, disability advocate, RIP (NYT). Formerly known as Amanda Baggs.
8. Quarantine stereotypes (video, funny, some of it).
9. Will colleges lose twenty percent of their student body this year? Solve for the equilibrium.
10. Jason Furman: “If you had told me we would have a massive pandemic I would have predicted an increase in health spending. Shows why you shouldn’t listen to me. Health spending down 4.9% in Q1 (not annualized). Responsible for nearly 1/2 of the overall GDP decline. Likely down much more in Q2.” Correctly or not, that makes me feel better about the observed gdp decline. I am not minimizing the import of the non-Covid extra death toll (which is what exactly? Is it net even positive?), but I already felt bad about that.