~marginalrevolution | Bookmarks (552)

But many of the phrases the English grew up with are fading away as younger generations plug into TikTok or other platforms where they learn to call each other “Karen” or “basic” like any other rando, instead of sticking with tried and tested indigenous slurs. Nearly 60% of the Gen Z cohort haven’t heard the insult “lummox,” […] The post Britain fact of the day appeared...

There is a very interesting new paper on this topic byIshan B. Nath, Valerie A. Ramey, and Peter J. Klenow.  Here is the abstract: Does a permanent rise in temperature decrease the level or growth rate of GDP in affected countries? Differing answers to this question lead prominent estimates of climate damages to diverge by […] The post Global warming, and rate effects vs....

My previously scheduled Conversation with him was postponed, now it is on the schedule again.  So what should I ask him?  (Wikipedia page here, if you don’t know what a lummox is). The post What should I ask Tom Tugendhat? appeared first on Marginal REVOLUTION.         CommentsAfter Brexit, shouldn't the UK just apply to be states 51-54 in ... by Quantitative SneezingIn reply to...

We find that markups increased by about 30 percent on average over the sample period. The change is primarily attributable to decreases in marginal costs, as real prices only increased slightly from 2006 to 2019. Our estimates indicate that consumers have become less price sensitive over time. That is from a new NBER working paper […] The post Not the worst news… appeared first...

1. Bukele and the future of El Salvador.  A good piece, though I don’t agree with everything in there. 2. The Ohio Supreme Court vs. Aristotle? 3. History of early American tariffs. 4. Some new estimates of what people really enjoy. 5. Duet, with elephant. 6. Latvia rain fact of the day, literally. 7. He […] The post Monday assorted links appeared first on...

Via Cremieux, and here is the related Wikipedia page. The post What do different countries pay for Olympic gold medals? appeared first on Marginal REVOLUTION.         CommentsIn reply to Fearless Fosdick. I am also baffled. If a post ... by DaveIn reply to German Catholic. 'Invested smartly' means mostly ... by Prof. EmeritusIn reply to Lord Byron. I'm setting the blades on my combine...

That is the topic of my latest Bloomberg column, here is one excerpt: It is true that 19th century tariffs often were high, but they were not the main reason the US became rich (they were an important means of funding the government, given the absence of an income tax). The best economic research shows that what […] The post What are Republican analysts getting wrong...

Here is the source. The post Germany fact of the day appeared first on Marginal REVOLUTION.         CommentsIn reply to Guy. Heil Hootlah! Mein Fury! by Jamal HashimotoIn reply to M. Why don't you and Massimo get a room? The two ... by Jamal HashimotoIn reply to Hmm. It's noisy but seems to show stability from ... by BobIn reply to rsm. Negative wholesale...

1. Why “p doom” is a fruitless endeavor.  A very good piece, puts in one place a lot of reasons why so much of the recent discussion has been fruitless. 2. The rise and stagnation of nuclear energy. 3. How much of China’s growth was Solow catch-up growth? 4. Foreign visitors are now less interested […] The post Sunday assorted links appeared first on...

The minimum wage will tend to increase unemployment among low-skill workers, often minorities. To many people that’s an argument against the minimum wage. But to progressives at the opening of the 20th century that was an argument for the minimum wage–progressive’s demanded minimum wages to get women and racial minorities out of the work force. […] The post Rent Control Reduces New Development: Bug...

Tyler, Your point about easier reductions abroad goes much further than you wrote about. In the US we have already significantly decreased coal usage so electricity generation is roughly a quarter of our greenhouse gas emissions. Electricity generation accounts for half of emissions in countries like China. Many countries haven’t even installed their first battery system, so […] The post Austin Vernon on emissions reduction (from...

You all are not noticing the location. Why do you think anchorage is the busiest cargo airport in the world? Because it is the only large western city on the main air route between China and Europe. Shipping from China through the artic is 30% faster and more efficient than current routes. Anchorage will one […] The post Claims about Anchorage (from the comments)...

1. Yes, brutalism is underrated, including in El Salvador. 2. Oral history film on James C. Scott. 3. Timothy Gowers on the math DeepMind results. 4. How NATO nuclear doctrine is being revised, an important thread. 5. Is the AI boyfriend business taking off? 6. Bryan Caplan getting his blogging start at MR. 7. Town […] The post Saturday assorted links appeared first on...

I’ve only seen excerpts, but many people are upset.  I can vouch “this is not what I would have done,” but perhaps the over the top, deviance-drenched modes of presentation are reflecting some longer-running strands in French culture.  La Cage aux Folles?  Le Bal des Folles?  The whole Moulin Rouge direction?  How about Gustave Moreau, […] The post The French Olympic opening ceremony appeared...

First of all, I favor the classical liberal strands on the Right, not the New Right strands, as I have argued repeatedly in the past.  So I am not trying here to argue for “my guys.”  But the degree of misinformation at the current moment is just staggering, and most intellectual commentators seem to be […] The post I’m kind of tired of this...

Following a 2018 ruling of the U.S. Supreme Court, 38 states have legalized sports gambling. We study how this policy has impacted consumer financial health using the state-by-state rollout of legal sports gambling and a large and comprehensive dataset on consumer financial outcomes. Our main finding is that overall, consumers’ financial health is modestly deteriorating as […] The post The Financial Consequences of Legalized Sports...

Akash Kulgod is a 23-year-old cognitive science graduate from UC Berkeley and chief canine comrade at Dognosis, where he is building tech that increases the bandwidth of human-canine communication. He received his EV grant for a pilot study in Northern Karnataka testing the performance of cyber-canines on multi-cancer screening from breath samples. He writes on his Substack. A […] The post Emergent Ventures India, sixth cohort, post...

A further bump in real wages of up to 3.5 per cent is expected this year, alongside an expected 3 per cent jump in real disposable income, according to Russia’s Center for Macroeconomic Analysis and Short-Term Forecasting. The unemployment rate, forecast to hit between 7 and 8 per cent in 2022, is at 2.6 per […] The post Russia facts of the day appeared...

1. Two Patrick Collison citations on mentorship. 2. The refrigerator anecdote. 3. Nick Whitaker puts forward AI policy. 4. “The US economy has been expanding for 15 years, only interrupted by 2 months of contraction in early 2020″…and…”The US economy has now been in an expansion for 51 months with annualized real GDP growth of […] The post Friday assorted links appeared first on...

Reuters: To learn how this global industry works, reporters made multiple buys of precursors over the past year. Though a few of the sales proved to be scams, the journalists succeeded in buying 12 chemicals that could be used to make fentanyl, according to independent chemists consulted by Reuters. Most of the goods arrived as […] The post Markets in Everything: Fentanyl Precursors appeared...