Wednesday , October 28 2020
Home / Tag Archives: Uncategorized

Tag Archives: Uncategorized

Is Covid’s impact semi-permanent?

This graph in The Economist caught my eye: Thoughts: 1. What’s up with India? And another lost decade for Italy? 2. Less immigration might slow growth in the US, but the slowdown is a global phenomenon. Immigration is a zero sum game for the world, and yet world growth is expected to slow. 3. It seems likely that Covid-19 will be over long before 2025, so there seem to be some semi-permanent effects. Why? It looks like a loss of roughly 3 percentage points...

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Sunday assorted links

1. Mathematician Gary Cornell argues that current testing procedures won’t tell us much about vaccine efficacy for the elderly. 2. Nanobodies against Covid? 3. Markets in everything. 4. Indian labor regulations are really bad. 5. Strikingly good piece on Palantir (NYT), with cameos from Hegel, Talcott Parsons, Thiel, and Tolkien.  And Palantir. 6. Thwarted Santa vaccine markets in everything. The post Sunday assorted links appeared first on Marginal REVOLUTION.

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The class culture that is Britain

Universities must act to eradicate discrimination against working-class students, including the mockery of regional accents, equality campaigners have said. A Guardian investigation has found widespread evidence of students at some of the country’s leading universities being ridiculed over their accents and backgrounds, in some cases prompting them to leave education…. The Social Mobility Commission (SMC), which monitors progress in improving social mobility in the UK, described the...

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Life’s getting too complicated

This FT story caught my eye: There has also been a surge of early voting, with almost 53m Americans having already cast their ballot either by mail or in-person, according to the US Elections Project. In Texas, almost 6.4m voters have cast their ballots, equivalent to more than 70 per cent of the total number of votes cast in 2016. And there’s still 10 days until the election! So can we assume that 80% or 90% of Texans will have already voted before November 3rd? What...

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Saturday assorted links

1. More on the multiple vaccines problem.  And sitting in on the FDA vaccine panel meeting.  And Arthur W. Baker, EV winner for his work on vaccines, now has a home page. 2. Escaped cloned female mutant crayfish take over Belgian cemetery. 3. Matthew Aucoin on Boulez. 4. The German tilt-and-turn window.  And Germany moves to improve ventilation. 5. Krugman short paper on the Trump trade war (analytical, not polemic). 6. Slovakia is trying to test everyone, and quickly (WSJ). The post Saturday...

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How to Vaccinate and Continue Clinical Trials

According to Helen Branswell writing at STAT: There are serious signs the Food and Drug Administration is getting cold feet over the notion of issuing emergency use authorizations to allow for the widespread early deployment of Covid-19 vaccines. …“We are concerned about the risk that use of a vaccine under an EUA would interfere with long-term assessment of safety and efficacy in ongoing trials and potentially even jeopardize product approval,” Gruber said. “And not only the first...

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Minimum wage laws during a pandemic

From Michael Strain at Bloomberg: In July 2019, the nonpartisan Congressional Budget Office estimated that a $15 minimum wage would eliminate 1.3 million jobs. The CBO also forecast that such an increase would reduce business income, raise consumer prices, and slow the economy. The U.S. economy will be very weak throughout 2021. The nation will need more business income, not less; more jobs, not fewer; and faster, not slower, economic growth. A $15 minimum wage would move the economy in the...

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Yet More Economists against Trump

In addition to previous open letters, here is one released today, with over 750 signatories: We, the undersigned economists, strongly urge voters not to re-elect Donald Trump on the following grounds: His chaotic and ineffective approach to negotiation has damaged relations with trade partners, interrupted supply chains, degraded international norms, and harmed American farmers — all without achieving his stated goal of reducing the trade deficit. Even his landmark trade deal, the USMCA,...

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