I recommend reading Matt Levine’s Money Stuff, which has been excellent recently. You can get it as a newsletter if you don’t have access to the Bloomberg website.
Seconded.
I recall having trouble finding my way to the sign-up link for the email newsletter, because it's at the bottom of the page on each web article, and I'd already read enough of them that the paywall was shutting me out. So if anyone in a similar situation needs a direct link, it's here: https://www.bloomberg.com/account/newsletters/money-stuff
And one theory might be that Angelenos are allergic to cold, explaining why AC isn’t universal in the hellhole of a state.
My take on this was that this is probably anti-market norms meeting the reality of the-economic-rent-is-too-damn-high: the lack of fridge is essentially a stealth rent increase, which brings LA (where everyone wants to live) rents into the market-clearing equilibrium where landlords extract the rent of living in LA. As long as people react with furious anti-market ranting and raving to rents being nominally increased by $X/total (see eg Red Cross) to pay for >$X of benefits from freaking fridges being installed as is sane & done everywhere else, they are locked in the worse equilibrium of no-fridge: any landlord which tries to install fridges will be punished mercilessly by either losses or tenants. The only way out is if rents fall enough that landlords start trying to put in fridges as a 'bonus', which there are hints towards the end of the pandemic doing. Given how rents in major cities are bouncing back, I expect this norm is probably going to persist, unfortunately.
Nifty Computer Things
I have a website! kellerscholl.com is the product of weeks worth of obsessing and fiddling with the little details, and I’m happy with the outcome.
arxiv-utils makes arXiv papers have names instead of numbers. Works smoothly, works everywhere.
I found a very useful map-builder for quickly coloring US states, countries, and more.
Fun fact: you can mark a deck of cards with IR-readable bar codes to track where every card is in a deck! There are reasons that gamblers want to crack open new decks
Words that demonetize you on Youtube.
Equilibria
For those of you playing along at home, among the list of distinctions graduates of my school have acquired is now included being convicted with the death penalty for insider trading in China. He apparently made $500k, which someone with a PhD in policy analysis can make in 2-3 years if they sell out to a consultancy in America. My conclusion is that we should have easier immigration laws.
If you want to know how to avoid being convicted of insider trading, by either of the obvious routes, I recommend reading Matt Levine’s Money Stuff, which has been excellent recently. You can get it as a newsletter if you don’t have access to the Bloomberg website.
Neat podcast transcript on multiple equilibria: Los Angeles apartments don’t come with refrigerators, unlike everywhere else. And on one hand, this is obviously absurd. A fridge is incredibly bulky, has weird sizing requirements, I get that Americans like their apartments much less furnished than Europeans (in Edinburgh you can move in and expect the previous tenants to have left couches and chairs), but refrigerators, really? And one theory might be that Angelenos are allergic to cold, explaining why AC isn’t universal in the hellhole of a state.
Queen Victoria going into mourning cancelled the London Season, where nobility and gentry would find suitable partners, for two years. Rather than simply delaying, they married peasants. Peer-commoner marriage increased by 40%.
Politics
danah boyd is looking for research assistants: I think fewer readers will want to apply for the job (basically checking to see if she’s interacting with literatures appropriately) than want to get an expert’s recommendation for how to get into the literatures of interest:
The ACLU: Bait and Switch by Andrea Dworkin is intended as a biting critique, and to my eyes is 90% praise 10% critique (people should be upfront about what they’re fundraising for).
Fun New Yorker article on the Vault 7/Vault 8 CIA leaks has some great bureaucratic comedy elements:
I admit, my personal stance is that classified information is supposed to be information that, if released, could cause damage to national interests (sometimes slightly different language, but that’s always the point). After information has been released publicly, covered in multiple different press outlets, and permanently available online, the release of said information is no longer capable of causing damage to anything! Even in cases of more moderate release than wikileaks, (perhaps because someone’s posting on the Warthunder fora) The counterpoint, of course, is that in many cases the US Government can try to create ambiguity over whether a release was real, in whole or in part, and having as official policy that the information is now unclassified might allow confirmation of too many points of information. Insisting that it’s classified means being able to leak fake '“classified” information without ever having to lie too much to the public.
I think the public attitude towards “the CIA leaked fake information they claimed was classified” would not be nearly as bad as deliberate deception. Of course the American public would strongly object to deliberate deception, like that time the CIA hacked congressional computers because Congress was investigating the CIA for torture, or that time the CIA and almost the entirety of the rest of the intelligence community warned of nukes in Iraq, or that time the CIA sold guns to Iran to finance a guerrilla war in South America in direct contravention of congressional directives.
An interview I read was interesting for one of my ongoing questions: what does intellectual conservatism look like in 5-10 years? I don’t think that this is an option, but it’s trying to have something resembling a solution for the problems conservatives have identified.
William F. Buckley Jr., best known for other work, wrote a series of spy novels starring a CIA operative.
Policing in 13th century Bologna is exactly as interesting to read about as it sounds. Uniformed cops! Who were legally barred from socializing with the residents of the city!
The quote below is from NPR, and a good encapsulation of much of my distaste for our current attitudes around doctors and healthcare more broadly. I’m aware that biology is horrendously complicated, but doctors can’t even improve the health of their own parents with an N of >40k, so the sheer degree of gatekeeping typical of the medical establishment offends me.
I’m also not thrilled that the CDC is actively refusing to disclose how many tests have been administered.
Surprise! He finally found someone who could and would test him, and lo and behold, the man had monkeypox.
P.S.
I’ve arrived in Edinburgh, and will be around for the better part of three months. Would love to meet people here, in London, or in Oxford.
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