Favorites November 13th 2021
Jason Furman@jasonfurman
Two models for inflation:
1. MACRO: inflation is determined in aggregate (e.g., total stimulus).
2. MICRO: developments in individual markets (e.g., cars) determine inflation.
The later approach isn't entirely irrelevant but vastly overblown in analyzing inflation.
A 🧵
7:55 PM · Nov 11, 2021
138 Reposts · 554 Likes
Maybe this stuff is obvious to others, but I found this very informative, especially the difficulties of removing sectors from the basket of items can have unexpected side effects.
Julia Galef@juliagalef
I'm biased of course, but this is my all-time favorite wedding centerpiece idea (from my brother @JesseGalef & @donovanable):
Instead of flowers, each table had a little bookshelf of books that are special to the bride & groom, with bookmarks explaining why they picked each one
3:41 PM · Nov 12, 2021
28 Reposts · 514 Likes
Low-key bragging about how many books you've read, love it.
SpaceX@SpaceX
First 6-engine static fire test of Starship
7:34 PM · Nov 12, 2021
7.06K Reposts · 75.7K Likes
I really like how the sky is dark to get the exposure low enough to capture the exhaust
James Medlock@jdcmedlock
Making school lunch universal decreased food insecurity and increased diet quality *for kids who were already eligible* for means-tested school lunch
NBER @nberpubs
Universal free school meals reduce household food purchases, improve diet quality, and reduce food insecurity for already eligible low-income families, suggesting reduced stigma from universal access, from @mimimmarcus and @kgyewell https://t.co/Avw6Ewvdzh https://t.co/2zB8XcCkcW
10:09 PM · Nov 12, 2021
336 Reposts · 1.6K Likes
Means-testing is the worst!
Adam Tooze@adam_tooze
"One of weird paradoxes of pandemic is that we’re generally a lot richer than we were before. U.S. household net worth is up by $25 trn.” And this is true even for bottom 60%. @M_C_Klein breaks down the numbers. His substack is essential reading.
theovershoot.co/p/whats-happen…
5:15 PM · Nov 13, 2021
91 Reposts · 363 Likes
Wow, that's... a lot
Wesley Yang@wesyang
We should all encourage the Chinese to save the world to own the West
futurism.com
Chinese Scientists Say They’ve Discovered Cheap New Way to Do Nuclear Fusion
6:03 PM · Nov 13, 2021
24 Reposts · 230 Likes
Competition is how we accomplish great things.
Mack, yes, That Mack@that_mc
Every bus has a fire extinguisher, and we check every day before we pull out of the yard. It is intended for exactly these situations.
8:13 PM · Nov 13, 2021
245 Reposts · 3.04K Likes
Now that Shang-Chi is available on Disney+, this kind of frame-by-frame SF Transit commentary is finally possible! Check out the full thread for a hilarious amount of detail.
Unfortunately, my understanding is that the same weather pattern that causes fog here also causes worse air quality.