1099
The First Crusade: The Siege of Jerusalem begins.
1494
Spain and Portugal sign the Treaty of Tordesillas which divides the New World between the two countries.
1892
Homer Plessy is arrested for refusing to leave his seat in the “whites-only” car of a train; he would lose the resulting court case, Plessy v. Ferguson.
1893
Mohandas Gandhi’s first act of civil disobedience.
1899
American Temperance crusader Carrie Nation begins her campaign of vandalizing alcohol-serving establishments by destroying the inventory in a saloon in Kiowa, Kansas
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Abrego Garcia has been returned to the U.S. to face a slew of criminal charges. The larger, unanswered question seems to be, what rights does an illegal immigrant assume just by being geographically in the country?
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Ex-Pirate Ortiz has a 5.30 ERA over his first seven starts with Cleveland, but he has a 2.28 ERA in 27 2/3 innings over his past five.
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Ex-Pirate Ortiz has a 5.30 ERA over his first seven starts with Cleveland, but he has a 2.28 ERA in 27 2/3 innings over his past five.
Former Penguin Kasperi Kapanen put together a two-assist performance in the Edmonton Oilers’ Game 1 victory over Florida in the Stanley Cup.
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SatStats
In 2021, investors paid almost $90 billion in total fees on about $14 trillion of actively managed mutual funds.
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The equity base of US markets is shrinking – since 1986 just $2.6 trillion worth of new and follow-on equity was issued in the US market against $21 trillion of demand (from buybacks, M&A, and retail flow).
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Before the pandemic, Japan was on track to accept about 150,000 new non-Japanese employees per year. This more than doubled to almost 350,000 in the first half of 2023. There are now approximately 3.2 million non-Japanese residents of Japan, up from barely half a million 30 years ago. Visa and permanent-residency requirements continue to ease. Most importantly, the biggest obstacle to employing non-Japanese talent, seniority-based rather than merit-based compensation, is beginning to change. All said, it is now perfectly reasonable to expect that about 10 percent of employees will be non-Japanese by 2030. That’s more than double the current rate of just below four percent.--koll
***
Rural America has about 20 percent of the U.S. population but about 10 percent of its doctors, according to our analysis of Census Bureau data.
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Despite increasing production, the United States has seen one of the most significant decreases in carbon emissions of any industrialized country, now 17 percent below 2005 levels and falling while the economy continues to grow. A key reason why this occurred is because natural gas has been replacing coal in energy production. More energy and fewer emissions are a testament to American innovation and ingenuity. So America is not the renegade polluter demonized by progressives; it is the bar against which other countries should be judged, lest we forget that emissions from China and India far outpace the rest of the developed world combined.
***
26 million Americans are still uninsured, this is down from 46.5 million in 2010 all thanks to The Affordable Care Act.
***
Published in the journal Conflict and Health last April, a report by Karume suggests that the world’s deadliest humanitarian crisis in 2022 was not in Afghanistan, Ukraine, or other places featured regularly in the news — but in CAR.
The Central African Republic has neither reliable birth and death registries nor regular censuses. To figure out how many people were dying, Karume’s team traveled by car, boat, motorcycle, and foot to conduct interviews across the country. When they analyzed their survey data, they estimated that nearly 6 percent of CAR’s population died in 2022, in a country with a median age of around 15. Scaling for population size, this toll would amount to a loss of more than two New York Cities. And yet, the world outside of Africa is barely aware that CAR is a country. The title of the team’s report asks: “How can we not know?”
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Just 3% of companies that grew sales 20 %+ are doing so 10 years later.
***
We study one of the central reforms in China’s economic miracle, the Household Responsibility System (HRS), which decollectivized agriculture starting in 1978. The HRS is commonly seen as having significantly boosted agricultural productivity, but this conclusion rests on unreliable official data. We use historical satellite imagery to generate new measurements of grain yield, independent of official Chinese statistics. Using two separate empirical designs that exploit the staggered rollout of the HRS across provinces and counties, we find no causal evidence that areas that adopted the HRS sooner experienced faster grain yield growth. These results challenge our conventional understanding of decollectivization, land reform, and the origins of the Chinese miracle.--a paper
***
Of the roughly 8,000 listed China-based companies, only about 600 have made an average return on capital of more than 10% over the last five years.
***
Historically, almost half of children worldwide died before they reached the age of 15. That share has declined steadily since the 19th century, and the United Nations Population Division projects that in 2023 a record low was reached in global child mortality, with just 3.6 percent of newborns dying by the age of 5.
That’s the lowest such figure in human history. It still means that about 4.9 million children died this year — but that’s a million fewer than died as recently as 2016…
***
In 1800, life expectancy in the United Kingdom was 38.6 years, and GDP per capita was $3280. By 2019, life expectancy in the UK was 81.1 years, and GDP per capita was hovering around $40,000. At 59.2 years, life expectancy in today’s Somalia, which is the world’s poorest country, is more than 20 years higher than that in the world’s wealthiest country 220 years ago. Our goal as individuals and as a civilization must be to understand those conditions which led to human flourishing – and to utilize the knowledge and tools at our disposal to encourage its further propagation.--Morley
***
Due to AI and other demand drivers, the US could face up to a 40 GW electricity supply gap by 2030, equivalent to 40 nuclear power plants.
***
People whose surnames start with U, V, W, X, Y, or Z tend to get grades 0.6% lower than people with A-to-E surnames. Modern learning management systems sort papers alphabetically before they’re marked, so those at the bottom are always seen last, by tired, grumpy markers. A few teachers flip the default setting and mark Z to A, and their results are reversed.
***
Parlay bets account for 70% of total bets on FanDuel.
***
SatStats
In 2021, investors paid almost $90 billion in total fees on about $14 trillion of actively managed mutual funds.
***
The equity base of US markets is shrinking – since 1986 just $2.6 trillion worth of new and follow-on equity was issued in the US market against $21 trillion of demand (from buybacks, M&A, and retail flow).
***
Before the pandemic, Japan was on track to accept about 150,000 new non-Japanese employees per year. This more than doubled to almost 350,000 in the first half of 2023. There are now approximately 3.2 million non-Japanese residents of Japan, up from barely half a million 30 years ago. Visa and permanent-residency requirements continue to ease. Most importantly, the biggest obstacle to employing non-Japanese talent, seniority-based rather than merit-based compensation, is beginning to change. All said, it is now perfectly reasonable to expect that about 10 percent of employees will be non-Japanese by 2030. That’s more than double the current rate of just below four percent.--koll
***
Rural America has about 20 percent of the U.S. population but about 10 percent of its doctors, according to our analysis of Census Bureau data.
***
Despite increasing production, the United States has seen one of the most significant decreases in carbon emissions of any industrialized country, now 17 percent below 2005 levels and falling while the economy continues to grow. A key reason why this occurred is because natural gas has been replacing coal in energy production. More energy and fewer emissions are a testament to American innovation and ingenuity. So America is not the renegade polluter demonized by progressives; it is the bar against which other countries should be judged, lest we forget that emissions from China and India far outpace the rest of the developed world combined.
***
26 million Americans are still uninsured, this is down from 46.5 million in 2010 all thanks to The Affordable Care Act.
***
Published in the journal Conflict and Health last April, a report by Karume suggests that the world’s deadliest humanitarian crisis in 2022 was not in Afghanistan, Ukraine, or other places featured regularly in the news — but in CAR.
The Central African Republic has neither reliable birth and death registries nor regular censuses. To figure out how many people were dying, Karume’s team traveled by car, boat, motorcycle, and foot to conduct interviews across the country. When they analyzed their survey data, they estimated that nearly 6 percent of CAR’s population died in 2022, in a country with a median age of around 15. Scaling for population size, this toll would amount to a loss of more than two New York Cities. And yet, the world outside of Africa is barely aware that CAR is a country. The title of the team’s report asks: “How can we not know?”
***
Just 3% of companies that grew sales 20 %+ are doing so 10 years later.
***
We study one of the central reforms in China’s economic miracle, the Household Responsibility System (HRS), which decollectivized agriculture starting in 1978. The HRS is commonly seen as having significantly boosted agricultural productivity, but this conclusion rests on unreliable official data. We use historical satellite imagery to generate new measurements of grain yield, independent of official Chinese statistics. Using two separate empirical designs that exploit the staggered rollout of the HRS across provinces and counties, we find no causal evidence that areas that adopted the HRS sooner experienced faster grain yield growth. These results challenge our conventional understanding of decollectivization, land reform, and the origins of the Chinese miracle.--a paper
***
Of the roughly 8,000 listed China-based companies, only about 600 have made an average return on capital of more than 10% over the last five years.
***
Historically, almost half of children worldwide died before they reached the age of 15. That share has declined steadily since the 19th century, and the United Nations Population Division projects that in 2023 a record low was reached in global child mortality, with just 3.6 percent of newborns dying by the age of 5.
That’s the lowest such figure in human history. It still means that about 4.9 million children died this year — but that’s a million fewer than died as recently as 2016…
***
In 1800, life expectancy in the United Kingdom was 38.6 years, and GDP per capita was $3280. By 2019, life expectancy in the UK was 81.1 years, and GDP per capita was hovering around $40,000. At 59.2 years, life expectancy in today’s Somalia, which is the world’s poorest country, is more than 20 years higher than that in the world’s wealthiest country 220 years ago. Our goal as individuals and as a civilization must be to understand those conditions which led to human flourishing – and to utilize the knowledge and tools at our disposal to encourage its further propagation.--Morley
***
Due to AI and other demand drivers, the US could face up to a 40 GW electricity supply gap by 2030, equivalent to 40 nuclear power plants.
***
People whose surnames start with U, V, W, X, Y, or Z tend to get grades 0.6% lower than people with A-to-E surnames. Modern learning management systems sort papers alphabetically before they’re marked, so those at the bottom are always seen last, by tired, grumpy markers. A few teachers flip the default setting and mark Z to A, and their results are reversed.
***
Parlay bets account for 70% of total bets on FanDuel.
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