https://annekadet.substack.com/p/life-advice-from-nyc-chess-hustlers?s=r
...how, if behavioral economists are correct that most individuals suffer from sundry irrationalities, people, including the behavioral economists themselves, can expect paternalistic policymakers to affect positive change.--wright, in a review of Escaping Paternalism
The American Civil Liberties Union helped scuttle a bill this week that would have enabled the Biden administration to liquidate Russian oligarchs’ assets and turn the proceeds over to Ukraine. I can't remember the last time I agreed with these guys.
The demand for racism exceeds its supply--Riley
The US was the world’s No. 1 production of motor vehicles in every year from 1950 until 1975 when Japan’s production surpassed the US. From 1975 to 1994 Japan held the No. 1 spot until 1995 when the US out-produced Japan again and moved to the No. 1 spot. Japan moved back to the world’s No. 1 car producer from 2006-2008 before China surpassed both the US and Japan in 2009 to become the global leader in motor vehicle production, a position it has held ever since. Last year China’s motor vehicle production was nearly three times greater than the USA (26.1 million vs. 9.2 million) and Japan (7.8 million), and produced more vehicles than the USA, Japan, Germany, and South Korea combined (24.1 million)!
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