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Favorites April 4th 2022
I've heard the tax on Russian gas mentioned as a solution elsewhere, demand for oil is inelastic, but demand for *Russian* oil is quite elastic. Seems like a workable way to do sanctions on Russia while minimizing downsides for Europe
"There's too much work to be done to spare people doing automatable jobs." You've gotta wait for labor shortages before pushing forward with automation. It doesn't work the other way around.
Fine reader, you already knew this, but it's always useful to see the graph.
In the article, the shift towards money mattering less is based on the predictive power of money on election outcomes. Finding out who is spending more is getting much less helpful in determining who will win.
Noah Smith: "Electronic monitoring seems weird and techno-dystopian to some folks, but it's a hell of a lot better than prison."
They did horrible things in villiages around Mykolaiv that they only occupied for a little over a week. (Note that Mykolaiv is on the other side of the country from Bucha, mentioned yesterday)
Don't let people convince you that new 'luxury housing' pricing people out. It's simply untrue, there are actual studies.
• Thread with more war updates. One thing I'd never thought of before, defensive interior lines tend to be far shorter than the exterior lines. (Of course this is pretty obvious when you like… look at a map).