Active elite football players think that Spain did not deserve to win the World Cup. They do not say so in public, but they do after a few drinks. Also on the record: two football bloggers and a player who has not been active for thirty years
I’m at the Olympic Stadium and there is a break for a VAR check. It’s going on for a while, so I thought I’d take the opportunity to jot down a few thoughts about VAR.
if the NBA worked like academia it would draft only 5 players each year and rookies had to also coach a high school team and whoever scored the most in their rookie season regardless of assists or team wins got a 50 year guaranteed contract but couldn't switch teams
Important paper showing the gains to mothers and society from WFH. A 10% increase in WFH is shown to increase mothers employment by 1%. This is particularly true in professions which are more family unfriendly, like finance and marketing. Two implications:
1) WFH is driving faster economic growth by increasing the labor-supply of mothers. This is a huge benefit to society, and likely one reason for the post-pandemic surge in US economic growth.
2) WFH supports children's development by allowing parents to spend more time with them. This provides individual family benefits, and also wider social and economic benefits.
So the big-name CEOs and Politicians claiming WFH is damaging growth have got it 100% wrong. WFH is likely powering the current economic boom by increasing labor supply and productivity, while also improving personal and family time.
Paper: https://t.co/Izk1XjpQIK
It's getting a bit fractious this morning.
Top @EU_Competition official Olivier Guersent has written to @FT trashing an article by @RanaForoohar that implied EU was falling behind US in #antitrust enforcement.
Guersent calls out "disdain for facts." https://t.co/1K75l7zKy6
New apartments cause a 'chain reaction' that benefits the poor, but I was shocked to find out just how quickly.
This Swedish study found that while the rich move into fancy new homes, the place they left empty was most likely to be taken up by the bottom 20%.
New paper studying the impact of 137 Return to Office mandates on S&P500 firms from 2020-2023. Three key results:
1) RTO mandates are more likely in firms with poor recent stock performance, and in those with powerful male CEOs.
2) Glassdoor data finds RTO mandates significantly reduce employee ratings for job satisfaction, work-life balance and senior management.
3) There is no significant impact of RTO mandates on either firm profitability or firm stock-returns.
My interpretation is that RTO mandates are often a response to poor recent company performance, perhaps adopted by under-pressure CEOs. These RTO mandates upset employees, but do not appear to yield performance benefits in return.
Paper: https://t.co/y1ziyUdrV1
The Microsoft-Activision deal closure shows that tech giants can still grow by getting "vertical mergers" through courts and regulators relatively unscathed (New York Times)
https://t.co/FR6lYne3gN
📫 Subscribe: https://t.co/OyWeKSRpIM
https://t.co/85h63LyrbN
#econtwitter should take a look at the (heavily redacted) @FTC Amazon complaint that came out recently.
Given past experience, this case will likely not be resolved for 3-20 years.
Not everything is visible -- but I'll give my best guesses below.. 1/
https://t.co/LZyoxR2FwT