kacey

[Florian Ederer @florianederer]

Why is Google's market share in web search so high?

1) switching costs play a limited role
2) perceived (rather than actual) quality differences
3) switching defaults increases Bing market share by more than correcting quality
beliefs, consistent with persistent inattention

[Paul Novosad @paulnovosad]

RCT introduction of a pollution market in Surat, Gujarat.

Pollution fell by 20–30%, and efficiently — gains came from the firms who could cut pollution most effectively.

Mortality benefits are *25 times* costs.

An incredible state/research collaboration.

1/2

[The Olympic Games™ @Olympics]

The freedom to love is no less sacred than the freedom to think.

-Victor Hugo

#Paris2024 #OpeningCeremony

[Science Is Strategic @scienceisstrat1]

US manufacturing mega-boom 🏭

[Sammy Roth @Sammy_Roth]

Holy crap, this chart showing how much acreage has already burned in California this year compared to the last five years — which includes the biggest fire years on record, 2020 and 2021 — is truly terrifying: https://t.co/pWzuzOHbK6 via @grace_2e

[Michael Anti @mranti]

经济学常识是：提高关税最终提高物价。政治经济学常识是：为了地缘安全、可以不惜代价。所以中美冲突时，经济学已死，大家都在谈政治。

[Balaji @balajis]

Inflation is the number one issue for 18-29 year olds across all demographics.

[Alex Kaplan @alexkaplan0]

Solar panels are so cheap that we now:

(1) make fences out of them, because they're cheaper than fencing
(2) just throw them on the ground without mounting
(3) use them as conference tables
(4) build 56 GW/year manufacturing facilities

Energy abundance is here! (sources in 🧵)

[Brian Albrecht @BrianCAlbrecht]

Did you know DOJ is suing Apple? You did? Okay.

Well, there's a lot of talk comparing the Apple antitrust case to Microsoft back in the day.

What were the effects of the Microsoft lawsuit? There's an important paper you should know 🧵

[Glenn @GlennLuk]

Non-subsidized production costs for solar panels in the U.S. are ~3x China.

[John Burn-Murdoch @jburnmurdoch]

NEW 🧵:

American politics is in the midst of a racial realignment.

I think this is simultaneously one of the most important social trends in the US today, and one of the most poorly understood.

[Michael Pettis @michaelxpettis]

1/14
This very good article explains quite well the problems the Chinese economy currently faces, but it should stress more that the model didn't "break down" recently, when growth rates started to slow sharply.

It broke down at least 10-15 years ago.

https://t.co/i9O7sspuVX

[Alex Kaplan @alexkaplan0]

Today might have seen the biggest physics discovery of my lifetime. I don't think people fully grasp the implications of an ambient temperature / pressure superconductor. Here's how it could totally change our lives.

[Henningham Family Press @HenninghamPress]

Time is money. If it takes twice as long to do something you earn half as much. This is the brutal fact at the heart of Brexit.

Let’s "Brexit" a £12.99 paperback, blow by blow, and see what difference leaving the single market has made.

[Jay Van Bavel, PhD @jayvanbavel]

43% of White students at Harvard are legacy, athletes, related to donors or staff.

All the universities making social media statements today should end legacy admissions tomorrow. https://t.co/ysuQaAxgi2

[Yao Lin 林垚 @dikaioslin]

我对Affirmative Actions相关争议的评论(截图段落，全文见： https://t.co/kFDuap5tIo )

[angel @ashen40404]

Are you interested in the Chinese feminist movement but find yourself confused by the ever-evolving terminology?
In this thread, I’ve compiled some terms frequently seen used by Chinese feminists online and their definitions:
🧵⬇️
(note - some terms used by radfems only) (1/8)

[Peyman Milanfar @docmilanfar]

the only people I’ve seen dismissing this insightful article are ones who don’t seem to understand compression very well

the only surprise(?) is that it took a skilled writer and thinker, instead of one of us researchers, to make the case crystal clear

https://t.co/Gmr7JxAKuh

[Diego Arguedas Ortiz @arguedasortiz]

IT'S OUT!

Today, @risj_oxford and @CarbonBrief launched the Global South Climate Database, with hundreds of climate scientists and experts from Africa, Asia, Latin America and the Caribbean and the Pacific. It’s been months in the making. Here’s what it’s about.

🧵

[John Burn-Murdoch @jburnmurdoch]

NEW: income inequality in US & UK is so wide that while the richest are very well off, the poorest have a worse standard of living than the poorest in countries like Slovenia https://t.co/gtHvhNsnuT

Essentially, US & UK are poor societies with some very rich people.

A thread: