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Favorites October 12th 2023
This is in response to Matt Levine's somewhat jokey article about the possibility that Ozempic would be bad for the american economy. Brian Albrecht took the question seriously, my favorite excerpt was the simple way to tell if something is "good for the economy", you ask "will this change make it less costly to produce value for people?". The final part comparing with dialysis was good too.
There's more at the link, I really like the use of prizes to drive innovation.
Sounds like that's just over a million people, pretty obviously infeasible. At the same time, Hamas is calling for global jihad tomorrow, so things seem bad. For comparison, the US spent 4 weeks planning before making any military response to 9/11, eventually Al Qaeda leadership was eliminated. Their bombing has already killed over a thousand flattening half a city doesn't accomplish anything. New polling of Israelis show they're pretty fed up with Netanyahu, but I don't see how that will stop him. Egypt responded to the US request for opening their borders to refugees: they are not interested.
• Long thread about California AB 413, which will ban street parking within 20 feet of an intersection.
Flotsam and Jetsam
– EU Regulation is going to treat Nuclear as a 'net-zero tech', sorta wild that they weren't sure about that. (src)
– China looks to be preparing to do a bit of Keynsianism, good for them (src)
– As much as Israel / Gaza is in the news, the Ukraine war is still much larger by almost any measure. Russia lost an entire armored battalion in the last two days. (src)
– US has a lower inflation rate than any other G7 nation (src)
– Operation warp speed was a big deal, and the people involved had to make serious personal sacrifices (src)
– Advancements in uranium extraction from seawater (src)
– DOJ suing eBay for $2 billion over allowing 'rolling coal' devices to be sold on their marketplace. Maybe license plate covers next? (src)