Interesting stuff

  1. Read: It’s 2021! Time to tidy your digital life and start some good micro-habits. (I usually delete articles like these, but there’s some good info here.)
  2. Read: Big data may not be very good for medical patients
  3. Read: Much as I suspected, COVID has changed dating… for the better.
  4. Read: As discussed in Jive Talking #88, the savings boom in the US (fed by the CARES act and reductions in spending) has played a big role in boosting asset prices: “This combination of soaring personal income and falling spending pushed Americans’ savings rate through the roof. From March through November, personal savings was $1.56 trillion higher than in 2019, a rise of 173 percent. Normally the savings rate bounces around in a narrow range, around 7 percent just before the pandemic. It spiked to 33.7 percent in April, its highest level on record dating to 1959.” Additional thoughts: Share prices are ALSO rising because monetary inflation (JPow’s money printer goes “brrrr”) is channeling into assets that have returns only slightly higher than 0% (or negative) returns on bonds. So the P/E ratios can climb way higher. What will cause a crash? Government budget surpluses or a cut in money supply, both of which are politically unpopular.
  5. Read: Global food prices are up 18%, to 6-year highs due to climate and politics. Next up food riots?
  6. Read: Applied game theory: Coordination
  7. Read: Humans created “social reality” to augment physical reality
  8. Listen: Why generalists (and “late starters”) are more successful than specialists
  9. Listen: A really interesting discussion of how economists over-emphasise “homo economicus” selfishness over our more generous natures.
  10. Watch (a few times): “A white guy drops a wicked freestyle rap

Hey! Thanks for visiting my blog

Sign up to receive new posts when they are published (twice per week).

We don’t spam! Read our privacy policy for more info.

Author: David Zetland

I'm a political-economist from California who now lives in Amsterdam.

Leave a Reply

Your email address will not be published. Required fields are marked *