A stunning essay in the FT on the international decline in the ability to read, reason, focus, and learn new things.
It began or accelerated in the early 2010s.
It's hitting teens AND adults.
Self-report and objective scores.
by @jburnmurdoch
https://t.co/gPGrShE2dk
Dani Rodrik has a new 'trilemma' for the world economy.
According to Rodrik, we can only achieve two of the following three at the same time:
1) combat climate change
2) boost the middle class in advanced economies
3) reduce global poverty
In 2004, Jeff Bezos made one of the boldest decisions in corporate history:
He completely banned PowerPoint at Amazon.
Everyone thought he'd lost his mind.
But this one rule helped build a trillion-dollar empire...
Why is making Heathrow bigger so screamingly necessary? A few points from my latest for @TheEconomist:
Start with a map of where economic output in London happens. After the financial centres, the Heathrow cluster in the west jumps out.
🧵 below
➡️ https://t.co/tNz6vviwkA
If we want to grow, we have to build. And with this government the builders are in and the blockers are out. Here’s just one example: after 30yrs of failing to build a single reservoir @RachelReevesMP has today confirmed approval for £7.9bn investment into 9 new reservoirs
Just catching up with this from @jburnmurdoch. I was struck by the spike in time spent alone, by the youngest cohort, especially men. And possible connection to decrease in mental health for those groups. "Most obvious culprit" is "smartphones" and "hyper-engaging social media".
And now it’s official: At 661 TWh (or 57.6% of capacity) European gas inventories are now **below the lowest point of the 2023-24 winter** (it was set on April 1). The depletion in 2024-25 is running ~69 days ahead of 2023-24
Another fantastic analysis @ft by @jburnmurdochl!
Since 2010, young people (specially men!) spend more time alone, less on meaningful activities. This change in time use explains much of their declining life satisfaction. Correlation yes, but ... meaningful.
The electoral damage done to incumbents across the developed world in 2024 was utterly unprecedented. Subscribe here for more from Chartbook Top Links: https://t.co/FeC58Jqg8p
I’ve been a bit absent. And have returned to nothing short of panic about the UK’s fiscal rules and speculation whether they will be “broken” in the @OBR_UK March forecast
They won’t be
Here’s why 🧵
It's fair to expect that places with more older people need more adult social care services to support them.
However, evidence suggests that social care spending on older adults isn’t evenly distributed across the country after accounting for age.
NEW: the Elizabeth line has resulted in an increase in new homes and jobs, according to a new Transport for London study. Investing in infrastructure works!
A global relationship recession: across the world, the drop in fertility is not due to less children per couple, but to a significant drop in the number of people in relationships.
Outstanding data story by @jburnmurdoch@ft
Great (and scary) visualization of 2024 daily temperatures compared to prior years by the BBC today. Evocative of the iconic Joy Division album cover from 1979: https://t.co/o2zLigFV7h
🚨UK gas storage levels are starting the year at the lowest level in a LONG time 👇
NB the UK has long had too little storage, and hence is particularly dependent on imports.
Even so, that little storage we have wasn't replenished much in winter. It's now VERY low