4. “The other day I was considering the purchase of a double LP when a thought crossed my mind – how many times would I need people to stream my music on Spotify to pay for this double LP?
The estimated answer turned out to be 8,459.” Link here.
5. “I find that lowering the level of [NIMBY] restrictions in California back to its level in 2000 results in a large reallocation of labor. The state’s population rises by 45%, while the income gap and house value gap between California and the rest of the U.S. falls by 3.7% and 2.7%, respectively.” From Don Jayamaha, on the job market from NYU. Updated paper link here.
4. Fukushima: “We estimate that the increase in mortality from higher electricity prices outnumbers the mortality from the accident itself, suggesting the decision to cease nuclear production has contributed to more deaths than the accident itself.”
2. Technological progress in bowling alleys, which are making a comeback (Bloomberg).
2. “In fact, it is the least selective schools that are driving the national gender gap in bachelor’s degrees. For example, at for-profit colleges, most of which have very low admissions standards, 63 percent of students are female.” Link here.
3. “…students at Oxford University are to replace clapping at student union events with “silent jazz hands” amid fears that applause could trigger anxiety.” Link here.
4. David Brooks calls for 20-30 percent tipping (30 percent for smaller bills, say below $25, NYT).
5. Predict science to improve science, by Stefano DellaVigna, Devin Pope, and Eva Vivalt. And here is a beta version of the associated “predict social science” website.
4. “Pakistan has been acknowledged by the World Bank among the top 20 global reformers this year. Pakistan is expected to improve its [Doing Business] ranking by 25 places in the report to be launched on Oct 24…” Link here.
1. Nick Whitaker of Brown interviews me. Rapid-fire, with transcript.
1. The new left-wing critique of Facebook (and I predict it will stick, even if not always articulated as such).
4. A rising expectations theory of the Chilean protests: ““Piñera’s government has always been preoccupied with reducing poverty, and has also designed policies that help the rich, so the middle class feels abandoned,” he said. “The middle class has been growing in Chile, but with a slowing economy, they feel like they were offered a path to the promised land and were never really let in.””
5. Ross Douthat on Watership Down (NYT). And you can pre-order the new forthcoming Ross Douthat book The Decadent Society: How We Became the Victims of Our Own Success.
6. Republican control of state governments has not stopped the growth of government at the state level (median voter theorem still underrated).
2. “All the US politicians and pundits and social media virtue signalers who are quick to windbag opine on Hong Kong protests are quiet on Chile and Barcelona this week where brutal rioters are destroying their cities and police are aggressively cracking down.” That is from Sameer Chisty. Not exactly how I would frame it, but a perspective worth hearing.
5. New Kleiner and Soltas results on occupational licensing. As a side note, if you think quantity restrictions on labor entry are so bad, are you also committed to thinking the dual of price restrictions — minimum wages — must fail too? If not, what is the exact difference between those two cases?
3. “Russian biologist Denis Rebrikov has started gene editing in eggs donated by women who can hear to learn how to allow some deaf couples to give birth to children without the genetic mutation that impairs hearing.”
6. CCP vs. KMT.