3. Some guy’s blog, covers manufacturing and trade (Conrad Bastable).
6. Is there a great stagnation in emerging economies as well? (The Economist)
2. “According to Novokmet, Piketty & Zucman, the UK’s “per adult national income (€ PPP)” was just ahead of Russia’s in 1980” — No further comment from me.
1. Residential home services: “Our results show that more stringent licensing regulations are associated with less competition and higher prices but not with any improvement in customer satisfaction as measured by review ratings or the propensity to use the platform again.”
1. The most checked out books of all time from the New York Public Library. #1 is The Snowy Day, by Ezra Jack Keats.
2. Why gaming is outperforming TV, recommended.
3. Flying has become much cheaper over the last five years (sometimes trotted out as a case of “monopoly,” because the number of major carriers went down).
7. Randian response to Greta, over the top, not recommended.
5. Bestselling albums of the last decade, Abbey Road #1, Michael Jackson #6.
2. A world without pain (New Yorker).
6. Poor taste markets in everything, not recommended.
1. Ivory trafficking routes. And the case against trade in elephant tusks.
3. Underrated: learning how to cook at crummy restaurants (NYT).
3. No, don’t read this piece, but in the meantime I will note I can no longer tell what is satire.
4. Aragon Court fundamentals, interesting.
5. Claims about U.S. vs. Chinese high school education (speculative).
1. Why is children’s TV so weird and mesmerizing? A little slow at the beginning, but recommended.
3. The empire strikes back: Dominic Cummings not allowed to hire civil servants directly. And: “One of the UK’s top employment lawyers previously told the Guardian that the post was “quite outrageous from an employment law perspective”.”
1. Amish rules: “Children of richer Amish parents are less likely to leave the community.”
2. Those new service sector jobs: “When Mark Holmgren had his arm amputated this spring, he couldn’t stand the thought of his severed limb ending up in the trash. Instead, he had his arm bones cleaned, mounted and preserved for posterity.”
4. A Grand Canal museum for China? I will visit.
5. Which books are abandoned the most often? (Gwern, a knotty problem of estimation)
6. Further evidence on U.S. consumers bearing tariff costs, also relevant for market power debates. And yet further data on the question.
3. Disagreement on disagreement. Note that the top option “Willing to bet on position” is incoherent, because to each bet there is a counterparty with the opposite opinion. Of those indicators, I say go first with the Turing test score.
3. Daniel Drezner on Iran. And further observations on Iran. And Thomas Friedman on the killing (NYT). How the kill decision was made. Last night I watched 3 Faces, a remarkable Iranian movie by Jafar Panahi.
4. New crypto journal About Nakamato. With most of the famous people in it, and more to come.
2. Dominic Cummings advertises for talent, recommended if you haven’t already read it. They are hiring “assorted weirdos.” (Is it better to advertise for weirdos, rather than just hire them? I’ve never advertised for a weirdo — or have I?) And commentary from Henry Oliver.
6. “Why do we care (should we care) so much about the distribution of something that is essentially impossible to measure or define?” More on Saez and Zucman, which really is not holding up very well.