Krugman is, of course, right about this. BUT, note that universities can do a lot to revitalize declining and rural regions.
One thing I've been noticing about responses to today's column is that many people still don't get how strong the forces behind regional divergence are, and how hard to reverse 1/ https://t.co/Ft2aH1NcQt— Paul Krugman (@paulkrugman) November 20, 2018
More from Noah Smith
We appear to have some big problems.
2/Trump has a bunch of businesses that lose money. Our financial system has lent him money to throw into unsuccessful golf courses, hotels, and so
3/A lot of these loans are loans that Trump hasn't even paid back yet, using loopholes in the tax system to avoid paying taxes on those unpaid debts.
Why would creditors give money to a guy who wastes the money on bad businesses and doesn't even pay them back?
4/One seemingly obvious answer is that capital is just really cheap these days. Companies are able to borrow more easily than at any time in the last few decades.
5/But this presents us with a mystery.
Why hasn't an abundance of cheap capital caused the return on financial capital to fall? Interest rates are low, but stock returns have held up strongly.
Basically, America, on its own, has a LOT power to stop climate change than almost anyone admits.
2/China now emits far more CO2 than the U.S. It emits almost as much as Europe and the U.S. combined.
3/In fact, even this huge disparity dramatically understates the degree to which China is in the driver's seat of climate change.
China, being still much poorer than us, has much more room to grow its economy. Hence, the emissions gap will only grow larger.
4/This leads to an uncomfortable but unavoidable fact: The battle to halt climate change will be won or lost in China.
America's power - and thus, the power of American politicians, activists, businesses, etc. - to save the planet from climate catastrophe is very marginal.
5/This is just a fact. But it's an uncomfortable one for a people like Americans who are used to thinking that the world lives or dies at their command.
Thus, I see many Americans desperately trying to preserve the illusion of control with respect to climate change.
This is an excellent, short, highly readable, very important book. Every business executive and politician should have a copy.
Why are skilled immigrants so good, and so important?
Because they're the backbone of high-value industries where the U.S. has a dominant position.
If we don't bring skilled immigrants to the United States, high-value industries will migrate to other countries, and America will lose industrial dominance and be a poorer country.
Contrary to popular belief, skilled immigrants - including H-1b workers - RAISE wages for native-born skilled workers.
Because downward wage pressure from competition is more than canceled out by the upward wage pressure from CLUSTERING.
If you're on Twitter all the time - as every political commentator now is - it's easy to think that whiny, big-talking Twitter slacktivists are "the Dems".
But what's happening out there on the ground?
October 18, 2018
This is another reason I think Twitter is so bad for society.
It convinces intellectuals and commentators that practically everyone who's on their side is an extremist.
Which makes them tolerate extremism out of a (false) feeling of necessity.
If you stay on Twitter too much (which we all do now), you start to think that the typical left-of-center person is some British wanker who quote-tweets "Imagine thinking this" to anyone who doesn't like the idea of "ending capitalism".
But he is not typical.
A majority of Americans are not on Twitter.
But *every* journalist, commentator, and intellectual *has* to be on Twitter.
So every journalist, commentator, and intellectual comes face to face with big-talking slacktivist faux-extremists day in and day out.
It's a problem!!
Online bubbles full of shouty faux-extremists are, in general, fine.
The difference is that every journalist, commentator, and intellectual is essentially forced to exist in THIS bubble, because their jobs require it.
Twitter is a dystopian technology.
Secretary of State Mike Pompeo said the U.S. is quickly approaching \u201ca moment of crisis\u201d because of the \u201crecord number of migrants\u201d spilling into the country https://t.co/QuiWPcXswA— POLITICO (@politico) October 20, 2018
More from Society
Knowing whether old ideas are more likely to be good requires understanding whether conditions have changed in important ways.
Horse archery was an amazing method of warfare for over a thousand years...then people invented guns, and suddenly this great idea that had stood the test of time became obsolete.
Then again, when underlying conditions don't change much, tried-and-true approaches are probably better.
"Learning the lessons of history" usually just means assuming ergodicity and stationarity in an informal time-series model...
Since the switch to 280 characters a year ago, we've seen an increase in people writing out full words and phrases.
All about the please and thank you.
With 280 characters, people are saying 'please' (+54%) and ‘thank you’ (+22%) more.
280 characters later, there are more ? and replies to Tweets. More room, more conversations!
"Mom, has a man ever touched you without your consent?"
"Did you report it?"
"Dad, your WIFE has been through this!"
Dad was unmoved and told the guy to stop arguing with him.
At this point we learned the boy child has allergies.
I forgot to remark upon the presence of the very cute grandson, who was very small and gave not one shit about the yelling. I believe a sister or aunt was present and feeling very stressed. I wanted to hand her a Xanax or seven.
It was really hard to not jump in and say, "Sounds like you guys are going to have a fun meal tomorrow!" so they could unite in hatred against me, the outsider, and stop squabbling. Instead I exchanged glances with a nearby fellow lady patron, who also emotionally ate a cookie.
Anyway, I want to thank the random family for yelling about rape and the Holocaust in an Israeli cafe in the US of A today because it reminded me that while this country isn't the greatest, it is inevitably my stupid favorite and I am never, ever bored.
\u0926\u0947\u0936 \u092e\u0947\u0902 \u092a\u0939\u0932\u0940 \u092c\u093e\u0930 \U0001f1ee\U0001f1f3— AAP (@AamAadmiParty) March 12, 2021
\u0926\u0947\u0936\u092d\u0915\u094d\u0924\u093f \u0915\u0940 \u0938\u094d\u092a\u0947\u0936\u0932 \u0915\u094d\u0932\u093e\u0938 \u0932\u0917\u093e\u090f\u0917\u0940 @ArvindKejriwal \u0938\u0930\u0915\u093e\u0930\u0964
\u090f\u0915 \u092a\u093e\u0920\u094d\u092f\u0915\u094d\u0930\u092e \u092c\u0928\u093e\u092f\u093e \u091c\u093e\u090f\u0917\u093e, \u091c\u093f\u0938\u0938\u0947 \u092c\u091a\u094d\u091a\u094b\u0902 \u092e\u0947\u0902 \u0915\u0942\u091f \u0915\u0942\u091f \u0915\u0930 \u0926\u0947\u0936\u092d\u0915\u094d\u0924\u093f \u092d\u0930\u0940 \u091c\u093e\u090f\u0917\u0940\u0964 pic.twitter.com/iO6WMBh4YG
Tolstoy, found it both stupid and immoral. It is stupid because every patriot holds his own country to be the best, which obviously negates all other countries.+
It is immoral because it enjoins us to promote our country’s interests at the expense of all other countries, employing any means, including war. It is thus at odds with the most basic rule of morality, which tells us not to do to others what we would not want them to do to us+
My sincere belief is that patriotism of a personal nature, which does not impede on personal and physical liberties of any other, is not only welcome but perhaps somewhat needed.
But isn’t adherence to a more humane code of life much better than nationalistic patriotism?+
Göring said, “people can always be brought to the bidding of the leaders. That is easy. All you have to do is tell them they are being attacked, and denounce the peacemakers for lack of patriotism and exposing the country to danger. It works the same in any country.”+
(A thread for whoever feels like reading)
Neighborhood gents, what\u2019s something you\u2019ve learned about feminism (or gained a better understanding of) that you think other men should know?— feminist next door (@emrazz) February 19, 2021
Note - the quoted is a friendly/good faith replier. https://t.co/048kuxxX6q
I have observed feminists on Twitter advocating for rape victims to be heard, rapists to be held accountable, for people to address the misogyny that is deeply rooted in our culture, and for women to be treated with respect.
To me, very easy things to get behind.
And the amount of pushback they receive for those very basic requests is appalling. I see men trip over themselves to defend rape and rapists and misogyny every chance they get. Some accounts are completely dedicated to harassing women on this site. It’s unhealthy.
Furthermore, I have observed how dedicated these misogynists are by how they treat other men that do not immediately side with them. There is an entire lexicon they have created for men who do not openly treat women with disrespect.
Ex: simp, cuck, white knight, beta
All examples of terms they use to demean a man who respects women.
To paraphrase what a wise man on this app said:
Some men hate women so much, they hate men who don’t hate women
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10 simple questions that CHANGED my life
(startup life, personal life)
Here they are:
Q: Can you really control that?
Smart people know what they can and cannot control
If you're living in the past, you're nostalgic
If you're living in the future, you're anxious
If you're living in the present, you're at peace
Q: Did you start today with a victory?
Starting every day with a victory sets you up to win
I don't care what it is:
- Make your bed
- Make a wonderful coffee
- Hug your wife or children
No such thing as a small win. It's a win!
You'll win more, if you start winning early
Q: What are you optimizing for?
The world rewards those who are focused
Are you being optimistic?
Guaranteed: more luck when you're optimistic
Seek wealth, not money or status. Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth. Status is your place in the social hierarchy.
Understand that ethical wealth creation is possible. If you secretly despise wealth, it will elude you.
Ignore people playing status games. They gain status by attacking people playing wealth creation games.
You’re not going to get rich renting out your time. You must own equity - a piece of a business - to gain your financial freedom.
On Sunday 21st June, 14 year old Noah Donohoe left his home to meet his friends at Cave Hill Belfast to study for school. #RememberMyNoah💙
He was on his black Apollo mountain bike, fully dressed, wearing a helmet and carrying a backpack containing his laptop and 2 books with his name on them. He also had his mobile phone with him.
On the 27th of June. Noah's naked body was sadly discovered 950m inside a storm drain, between access points. This storm drain was accessible through an area completely unfamiliar to him, behind houses at Northwood Road. https://t.co/bpz3Rmc0wq
"Noah's body was found by specially trained police officers between two drain access points within a section of the tunnel running under the Translink access road," said Mr McCrisken."
Noah's bike was also found near a house, behind a car, in the same area. It had been there for more than 24 hours before a member of public who lived in the street said she read reports of a missing child and checked the bike and phoned the police.
Too many patterns leads to a boring, predictable, logical lifestyle.
Get the emotions involved.
Do something spontaneous out of the blue moon & flip the script.
'What's wrong with the patterns?'
Nothing is wrong with patterns.
However, there is a problem when all you have are patterns.
'Can you explain why?'
The thing with relationships is that it's meant to be an emotional experience.
It's very difficult to logically explain love, right?
Well this is where you want to steer the ship the right way.
1. Too emotional is bad.
2. Too logical is bad.
Let me break it down.
1. Too emotional
If a relationship is completely ruled by emotions, then it's too volatile.
You will never reach productivity if you are aimlessly only following each others emotions.
This lifestyle tarnishes any structure for the couple.
'So why do people do it?'
Because it's fun.
You may ruled by this stage in the honeymoon phase.
You'll be so spontaneous that it almost becomes a lifestyle.
But it's hard to level up your life when you're too spontaneous.
- Have a lot of emails in the waiting list
- Become #1 on PH
- Become #1 of HN or Reddit
- Have people that saing "I'll pay"
- Have a lot of free users
The best way to know if they're actually pay for it.
The only thing that matters is your product providing a value, and you can't know this until people will pay money for it.
We can have a first signal of a product/market fit after the launch by check how many sales we've got in the first 24h. Some scale:
200+ This has a high potential.
100+: This has a potential.
50+: Some people need it.
10+: People almost don't need it.
0+: People don't need it.
This is for a single time payment product. For a subscription probably it should be less because people hate subscription.
And obviously, you should have a lot of traffic like 3-5k+.
Here is a stat for my products (macOS apps) for the first 24h after the launch: