Pinboard (earth2marsh) https://pinboard.in/u:earth2marsh/public/ recent bookmarks from earth2marsh Tight spaces, strong cities: The resilience payoff of urban compactness - ScienceDirect 2026-05-02T18:47:11+00:00 https://www.sciencedirect.com/science/article/abs/pii/S0264837725001553 earth2marshThis study investigates the critical role of urban compactness in enhancing economic resilience, a topic of growing importance in light of increasing urbanization and external shocks. Using data from Chinese cities spanning 2010–2020 the study develops an urban compactness index based on fractal geometry and nighttime light data. Panel analysis results reveal a significant positive impact of compactness on economic resilience. Robustness checks focusing on sample issues and endogeneity confirm the core finding. Moreover, the impact of compactness is driven by industrial agglomeration, improved land use efficiency, and reduced public fiscal burden. The effect varies by city size and economic development level, with less developed cities benefiting more from compact planning. This study enhances the understanding of how spatial form influences urban resilience and provides policy recommendations for strengthening resilience through compact urban development strategies.]]> cities density studies research economics https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:ab29820727c2/ The "Passive Income" trap ate a generation of entrepreneurs 2026-04-09T18:30:53+00:00 https://www.joanwestenberg.com/the-passive-income-trap-ate-a-generation-of-entrepreneurs/ earth2marshWhen you make "passivity" the thing you're optimizing for, you stop caring about anything a customer might actually want. Caring is active. Caring takes time. Caring is work. Giving a shit is, by definition, not passive. The passive income thing was a fantasy about not having to give a shit.]]> economics business work carrying care passive https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:14a5fe02f97e/ We Have Learned Nothing - Colossus 2026-03-23T00:00:46+00:00 https://colossus.com/article/we-have-learned-nothing-startup-pundits/ earth2marshKuhn argued that scientists are stubborn within a framework of beliefs, which he called a paradigm. Because it provides a structure that lets them build on and improve existing theories, scientists will not abandon a paradigm until they have to. Paradigms provide a path forward. Entrepreneurship research does not have a paradigm. Or, rather, it has too many, none compelling enough to be unifying. This means that people who think about entrepreneurship as a science have no shared guide to which problems are worth tackling, what observations mean, or how to improve theories that are not quite right. Without a paradigm, researchers are just thrashing around, talking past each other.]]> startups economics VC venturecapital https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:e46be7c4ae7f/ Why ATMs didn’t kill bank teller jobs, but the iPhone did 2026-03-18T05:37:14+00:00 https://davidoks.blog/p/why-the-atm-didnt-kill-bank-teller earth2marshBut why? Why did the ATM, literally called the automated teller machine, not automate the teller, while an entirely orthogonal technology—the iPhone—actually did? The answer, I think, is complementarity.
I am not a “denier” on the question of technological job loss; Vance’s blithe optimism is not mine. But I’m skeptical that simply slotting AI into human-shaped jobs will have the results people seem to expect. The history of technology, even exceptionally powerful general-purpose technology, tells us that as long as you are trying to fit capital into labor-shaped holes you will find yourself confronted by endless frictions: just as with electricity, the productivity inherent in any technology is unleashed only when you figure out how to organize work around it, rather than slotting it into what already exists. We are still very much in the regime of slotting it in. And as long as we are in that regime, I expect disappointing productivity gains and relatively little real displacement
]]> economics productivity jobs technology ai llms https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:6ba0fb34df00/ Bookmarked toot from jnkrtech 2026-02-18T08:41:54+00:00 https://social.treehouse.systems/@jnkrtech/116083805012851868 earth2marsh This is something that probably sounds obvious to some folks and unhinged to others, but I think it’s worth saying anyway: “workers who don’t adopt AI will get left behind” is right-wing propaganda. It’s more than just a surface-level advertising message. It makes the unstated assumption that workers are all in a state of conflict, racing against one another in competition for acceptable employment. This is the literal opposite of class consciousness! All workers should be aiming for a world where we don’t have to fight each other to earn a chance at a decent life. Highly-trained LLMs are a form of capital. They are produced by extracting knowledge from text which workers have made, and they cannot be made practically useful without vast compute expenditures. The companies which make them seek to recoup their costs by renting them out, primarily to corporations which want to use them to reduce the number of workers which they employ. The facts are straightforward, and the net effect is a wealth transfer from workers to owners. Current attempts at producing large-scale social or economic transformations via generative AI are an unavoidably right-wing political project. mast-id:116083805427346579]]> masto-bmarks capital capitalism llms economics labor https://pinboard.in/u:earth2marsh/b:9fe21b953662/ Pluralistic: The Reverse-Centaur’s Guide to Criticizing AI (05 Dec 2025) – Pluralistic: Daily links from Cory Doctorow 2025-12-08T06:55:36+00:00 https://pluralistic.net/2025/12/05/pop-that-bubble/ earth2marsh"automation blindness, "the physical impossibility of remaining vigilant for things that rarely occur. This is why TSA agents are incredibly good at spotting water bottles. Because they get a ton of practice at this, all day, every day. And why they fail to spot the guns and bombs that government red teams smuggle through checkpoints to see how well they work, because they just don't have any practice at that. Because, to a first approximation, no one deliberately brings a gun or a bomb through a TSA checkpoint. Automation blindness is the Achilles' heel of "humans in the loop."
on average, illustrators don't make any money. They are already one of the most immiserated, precartized groups of workers out there. They suffer from a pathology called "vocational awe." That's a term coined by the librarian Fobazi Ettarh, and it refers to workers who are vulnerable to workplace exploitation because they actually care about their jobs – nurses, librarians, teachers, and artists.
]]> automation ai economics https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:10a0c0f6ec32/ Countries where men buck traditional roles have higher fertility rates, study shows 2025-08-27T22:07:31+00:00 https://19thnews.org/2025/08/fertility-rates-traditionalism-research/ earth2marsh“Even though the major factor in the decline of fertility is increased women’s agency, the real downside or obstacle is the need for husbands and fathers to reliably demonstrate their commitment,”]]> gender fertility culture roles economics politics https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:5d548fb62056/ To understand America today, study the zero-sum mindset, writes Stefanie Stantcheva 2025-07-07T17:13:01+00:00 https://www.economist.com/by-invitation/2025/07/07/to-understand-america-today-study-the-zero-sum-mindset-writes-stefanie-stantcheva earth2marshSome policies are especially likely to create win-win outcomes, particularly over the long run. These include policies that expand opportunity, such as strong public education, access to health care and support for poorer families; investments in innovation to expand the overall economic pie; and policies to mitigate climate change, protect the environment and conserve natural resources to reduce the sense of scarcity that fuels zero-sum thinking. Policies like these can help create the conditions for a more positive-sum economy—and make it easier for people to believe that one group’s progress need not come at the cost of another’s ]]> patterns economics politics zerosum thinking beliefs usa https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:40f83b0721f7/ Are We Too Impatient to Be Intelligent? - by Rory Sutherland - Behavioral Scientist 2025-05-17T23:11:11+00:00 https://behavioralscientist.org/are-we-too-impatient-to-be-intelligent/ earth2marshThere are brilliant examples all over the place of people tweaking time subjectively. One of my favorites is the Uber map. It doesn’t change how long you wait for the taxi. It changes the quality of the waiting time by reducing uncertainty. If you look at human emotions, although humans might say, “I don’t like waiting for a taxi,” what makes them uneasy is the uncertainty of the arrival. It’s not actually the duration. Too often, we optimize for the numerical thing, time and speed. We’re not optimizing for the emotional state, which is disquiet or anxiety. With advertising, you can rebrand time: “Good things come to those who wait.”
Most of you, if you were students, wrote essays or something like that as undergraduates, right? Fairly confident to say that nobody’s actually kept them? Nobody re-reads them. In fact, the essays you wrote are totally worthless. But the value wasn’t in the essay. What’s valuable is the effort you had to put in to produce the essay. Now, what AI essays do is they shortcut from the request to the delivery of the finished good and bypass the very part of the journey which is actually valuable—the time and effort you invest in constructing the essay in the first place.
This basically explains the whole world since about 1920. Manufactured goods, where you can enjoy extraordinary efficiencies of production—you can compress the time and effort required to make something—have massively reduced in cost. Services, which are time-dependent, have become more and more expensive. If you think there’s a hell of a lot weird with the world that was completely different when you were a kid, this is why. Like the fact that a television is almost an impulse buy, but you agonize about getting childcare. In 1920, it was the other way around. Agatha Christie had three servants in her early life but couldn’t dream of being able to afford a car.
]]> economics value time design progress services costs https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:f56b1b0d4059/ Forbes College Financial Grades 2025: America’s Strongest And Weakest Schools 2025-04-28T04:42:41+00:00 https://archive.ph/2025.04.05-015357/https://www.forbes.com/sites/emmawhitford/2025/03/07/forbes-college-financial-grades-2025-americas-strongest-and-weakest-schools/ earth2marshWhich colleges will survive the political and demographic gauntlet? Each year, since 2013, Forbes has examined the balance sheet health and operating soundness of the nation’s private colleges with its College Financial Grades Ranking. To create the school grades, we used the latest available financial data from the National Center for Education Statistics, which covers the fiscal year ending in June 2023. In total, we graded 868 private, not-for-profit colleges that enroll at least 500 students. (For more on our methodology, click here). Ninety-four schools earned at least an A, up from 54 last year. Of those, 51 earned an A+, including perennial financial heavyweights like Stanford, Grinnell, Yale and Swarthmore College in Pennsylvania. But lesser known schools like liberal arts bastion St. John’s College in Annapolis Maryland, Davis & Elkins College nestled in the Appalachians of West Virginia and McPherson College in Kansas, known among classic car aficionados for its Automotive Restoration major, are also in excellent financial health.]]> colleges finances financial economics tuition https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:b62221720977/ A practical utopians guide to the coming collapse - David Graeber 2025-04-19T20:07:04+00:00 https://davidgraeber.org/articles/a-practical-utopians-guide-to-the-coming-collapse/ earth2marshEven those running the system are reluctantly beginning to conclude that some kind of mass debt cancellation—some kind of jubilee—is inevitable. The real political struggle is going to be over the form that it takes. Well, isn’t the obvious thing to address both problems simultaneously? Why not a planetary debt cancellation, as broad as practically possible, followed by a mass re- duction in working hours: a four-hour day, perhaps, or a guaranteed five-month vacation? This might not only save the planet but also (since it’s not like everyone would just be sitting around in their newfound hours of freedom) begin to change our basic conceptions of what value-creating labor might actually be.]]> revolution culture history economics Labor https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:8b01b03c1360/ The Economization of Life | Books Gateway | Duke University Press 2025-03-03T00:30:01+00:00 https://read.dukeupress.edu/books/book/2327/The-Economization-of-Life earth2marshWhat is a life worth? In the wake of eugenics, new quantitative racist practices that valued life for the sake of economic futures flourished. In The Economization of Life, Michelle Murphy provocatively describes the twentieth-century rise of infrastructures of calculation and experiment aimed at governing population for the sake of national economy, pinpointing the spread of a potent biopolitical logic: some must not be born so that others might live more prosperously. Resituating the history of postcolonial neoliberal technique in expert circuits between the United States and Bangladesh, Murphy traces the methods and imaginaries through which family planning calculated lives not worth living, lives not worth saving, and lives not worth being born. The resulting archive of thick data transmuted into financialized “Invest in a Girl” campaigns that reframed survival as a question of human capital. The book challenges readers to reject the economy as our collective container and to refuse population as a term of reproductive justice. ]]> life value economics capital books https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:bdc3f6d56ea6/ The Prolific and the Devourer by W.H. Auden | Goodreads 2025-01-22T00:13:52+00:00 https://www.goodreads.com/en/book/show/1467974.The_Prolific_and_the_Devourer earth2marshThe book takes its title and, in part, its form from William Blake's The Marriage of Heaven and Hell. In Auden's interpretation, the Prolific are those who the farmer; the skilled worker; the scientist; the cook; the innkeeper; the doctor; the teacher; the athlete; the artist. The Devourers are the political types who depend on what is already produced for their the "Judges, Policemen, Critics. These are the real Lower Orders, the low, sly lives, whom no decent person should receive in his house." As in Blake, the sections and subsections of Auden's book are unified and propelled by the oracular need to express the key components of human nature.]]> economics writing books philosophy https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:44c44fd5bab6/ The Great Risk Shift: The New Economic Insecurity and the Decline of the American Dream | Department of Political Science 2025-01-09T01:58:20+00:00 https://politicalscience.yale.edu/publications/great-risk-shift-new-economic-insecurity-and-decline-american-dream earth2marshAmerica’s leaders say the economy is strong and getting stronger. But the safety net that once protected us is fast unraveling. With retirement plans in growing jeopardy while health coverage erodes, more and more economic risk is shifting from government and business onto the fragile shoulders of the American family. In The Great Risk Shift , Jacob S. Hacker lays bare this unsettling new economic climate, showing how it has come about, what it is doing to our families, and how we can fight back. Behind this shift, he contends, is the Personal Responsibility Crusade, eagerly embraced by corporate leaders and Republican politicians who speak of a nirvana of economic empowerment, an “ownership society” in which Americans are free to choose. But as Hacker reveals, the result has been quite different: a harsh new world of economic insecurity, in which far too many Americans are free to lose. The book documents how two great pillars of economic security—the family and the workplace—guarantee far less financial stability than they once did. The final leg of economic support—the public and private benefits that workers and families get when economic disaster strikes—has dangerously eroded as political leaders and corporations increasingly cut back protections of our health care, our income security, and our retirement pensions.]]> politics work economics usa risk https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:995d31592eff/ The Shareholder Supremacy 2024-11-19T03:05:07+00:00 https://www.wheresyoured.at/tss/ earth2marsh]]> business economics capitalism tech https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:869844746df8/ White Men Get Short End of Stick—in NYT Chart, if Not in Reality — FAIR 2024-11-04T01:19:00+00:00 https://fair.org/slider/white-men-get-short-end-of-stick-in-nyt-chart-if-not-in-reality/ earth2marsh economics usa graphs degrees https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:eb2a189f1043/ Jevons paradox - Wikipedia 2024-10-22T00:53:09+00:00 https://en.wikipedia.org/wiki/Jevons_paradox earth2marshIn economics, the Jevons paradox (/ˈdʒɛvənz/; sometimes Jevons effect) occurs when technological progress increases the efficiency with which a resource is used (reducing the amount necessary for any one use), but the falling cost of use induces increases in demand enough that resource use is increased, rather than reduced. Governments, both historical and modern, typically expect that energy efficiency gains will lower energy consumption, rather than expecting the Jevons paradox.]]> consumption economics paradox effects https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:02f053dbabd4/ The Subprime AI Crisis 2024-09-19T02:15:20+00:00 https://www.wheresyoured.at/subprimeai/ earth2marshWell, it’s the natural result of a tech industry that’s become entirely focused on making each customer more valuable rather than providing more value to the customer. Or, for that matter, actually understand who their customers are and what they need.
Big tech has become thoroughly poisoned by management consultants — Amazon, Microsoft and Google are all run by MBAs — and in turn have surrounded them with similarly-specious ghouls like Google's Prabhakar Raghavan, who chased out the people that actually built Google Search so that he could run it.
]]> economics business ai llms https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:42f3dc83879f/ ongoing by Tim Bray · Parable of the Sofa 2024-06-02T16:44:10+00:00 https://www.tbray.org/ongoing/When/202x/2024/06/01/Parable-of-the-Sofa earth2marshIn conversation with venture capitalists, you hear the phrase “lifestyle business”, meaning one that is doing nicely and rewarding the people who run it and which isn’t planning for unbounded growth. The words “lifestyle business” are always, of course, uttered in a voice dripping with contempt. Luxcious is a lifestyle business. It seems blindingly obvious that an economy with a higher proportion of lifestyle businesses is going to be more resilient, more humane, and immensely more pleasant than the one that the Leaders Of Industry are trying to build.]]> business economics furniture sofas capitalism https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:b0e2ce861eb2/ Market Share & Profitability 2024-05-27T21:54:51+00:00 https://mailchi.mp/verdadcap/market-share-profitability earth2marshThis chart shows that market share is not a consistent indicator of firm performance. And this finding holds true across industries, with many illustrating a negative relationship between market share and profitability.]]> economics profit markets share business https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:ccc77362fe44/ ThinkingLabs:: Thierry de Pauw - A Cost-Savings Case for Team Topologies 2024-05-17T20:13:24+00:00 https://thinkinglabs.io/articles/2024/05/06/a-cost-savings-case-for-team-topologies.html earth2marshOccasionally, I am asked to help out with technology due diligence. Recently, I was involved in a different kind of due diligence. We were asked how the technology organisation can save on costs. After some analysis and many interviews, we suggested a Team Topologies approach to organising teams that came with an impressive estimated cost reduction.]]> costs benefits budgets organization structure transformation teams topologies economics https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:7038a23d92c2/ The Value of Open Source Software 2024-04-23T21:13:20+00:00 https://www.hbs.edu/ris/Publication%20Files/24-038_51f8444f-502c-4139-8bf2-56eb4b65c58a.pdf earth2marshHarvard Business School paper from Hoffmann, Nagle, and Zhou on the estimated monetary value of open source is kind of an incredible feat. $8.8 trillion, btw. That's the estimated value of open source, according to these researchers' excellent work. ]]> opensource economics market value papers impact https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:2b4a34f16a33/ Vickrey auction - Wikipedia 2024-03-06T04:37:06+00:00 https://en.m.wikipedia.org/wiki/Vickrey_auction earth2marsha type of sealed-bid auction. Bidders submit written bids without knowing the bid of the other people in the auction. The highest bidder wins but the price paid is the second-highest bid. This type of auction is strategically similar to an English auction and gives bidders an incentive to bid their true value]]> economics auctions https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:4a64216471dd/ Which Colleges Are Really Buyers and Which Are Sellers - Jeff Selingo 2023-12-14T20:12:16+00:00 https://jeffselingo.com/which-colleges-are-really-buyers-and-which-are-sellers/ earth2marshvisualization college university data economics buyers sellers https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:c6c0fcd5a784/ Why the super rich are inevitable 2023-09-06T00:53:40+00:00 https://pudding.cool/2022/12/yard-sale/ earth2marshWhy do super rich people exist in a society? Many of us assume it's because some people make better financial decisions. But what if this isn't true? What if the economy – our economy – is designed to create a few super rich people? ]]> capitalism economics simulation storytelling wealth https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:fa01d8ef3c28/ Everything Must Be Paid for Twice 2023-06-26T16:59:47+00:00 https://www.raptitude.com/2022/01/everything-must-be-paid-for-twice/ earth2marshThere’s the first price, usually paid in dollars, just to gain possession of the desired thing, whatever it is: a book, a budgeting app, a unicycle, a bundle of kale. But then, in order to make use of the thing, you must also pay a second price. This is the effort and initiative required to gain its benefits, and it can be much higher than the first price. A new novel, for example, might require twenty dollars for its first price—and ten hours of dedicated reading time for its second. Only once the second price is being paid do you see any return on the first one. Paying only the first price is about the same as throwing money in the garbage. [...] The only solution I can think of is to consciously throw the switch the other way: avoid paying any more needless first prices, and set your lifestyle around paying certain second prices, so you can finally enjoy the long-promised prizes waiting in your bookshelf, storage room, and hard drive. This was my original intuition behind the Depth Year concept—to designate a whole year in which you stop acquiring more ways to do cool things, and start doing the cool things in earnest. ]]> advice economics life inspiration time prices costs https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:69c08c789307/ Pluralistic: Venture predation (19 May 2023) – Pluralistic: Daily links from Cory Doctorow 2023-05-19T22:20:23+00:00 https://pluralistic.net/2023/05/19/fake-it-till-you-make-it/#millennial-lifestyle-subsidy earth2marshBack when Uber and Lyft were locked in head-to-head competition, Uber employees created huge pools of fake Lyft rider accounts, using them to set up and tear down rides in order to discover what Lyft was charging for rides in order to underprice them. Uber also covertly operated the microphones in its drivers' phones to listen for the chimes the Lyft app made: drivers who had both Lyft and Uber installed on their devices were targeted for (strictly temporary) bonuses.]]> uber lyft competition predatory pricing economics grift fraud capitalism https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:b6a940fef937/ A Revised “Ostrom’s Design Principles for Collective Governance of the Commons” 2023-03-20T22:19:35+00:00 http://www.lifewithalacrity.com/2015/11/a-revised-ostroms-design-principles-for-collective-governance-of-the-commons-.html earth2marshIn 2009, Elinor Ostrom received the Nobel Prize in Economics for her “analysis of economic governance, especially the commons”. In that, she listed 8 principles for effectively managing against the tragedy of the commons. However, I've found her original words — as well as many adaptions I've seen since — to be not very accessible. Also, since the original release of the list of 8 principles there also has been some research resulting in updates and clarifications to her original list. Ostrom’s Design Principles for Collective Governance of the Commons or How to Avoid the Tragedy of the Commons within Self-Organizing Systems 1A. DEFINE AUTHORIZED USE: The community of those who have the right to use the common resource is clearly defined. 1B. DEFINE COMMONS BOUNDARIES: The boundaries of the commons are clearly defined so as to separate the usage rules from the larger environment. 2A. MAKE COSTS PROPORTIONAL: Costs for using and maintaining the commons are proportional to the benefits that those users receive from the commons. 2B. PAY ALL COSTS: People that use the commons keep costs inside the local system as much as possible. They do not externalize costs either to neighbors or future generations. 3A. DECIDE INCLUSIVELY: Everyone who benefits from or is affected by the use of the commons makes choices about it. This includes decision-making on resource allocation and on rules and responsibilities for use of the commons. Members of the community operate with respect and mutual regard for each other. 3B. ADAPT LOCALLY: Members of the community adapt the rules and culture for the commons to local needs, resource qualities and environmental conditions. 4A. SHARE KNOWLEDGE: All members are actively engaged in observing and sharing knowledge about the conditions of the system. 4B. MONITOR EFFECTIVELY: Monitors who are members of (or supported by and accountable to) the community view and report on the use and maintenance of the commons by community members and others. 5. HOLD ACCOUNTABLE: Violators of the rules or culture of the commons face graduated sanctions, proportional to the seriousness of the transgression. These are applied by members of the community or by others who are accountable to community for applying such consequences. 6. PROMPTLY RESOLVE CONFLICTS: The community offers inexpensive, fast and easy access to mediation for effective conflict resolution. 7. GOVERN LOCALLY: Community self-determination is recognized and supported by higher-level authorities. 8. CONNECT TO RELATED SYSTEMS: Any side effects or other repercussions by one community to another in managing their commons, should be addressed in the context of larger, nested communities that have a legitimate role in those consequences. These externalities should be resolved by the community at the most immediate or local level (aka subsidiarity) that can operate from effective human relationships, rather than by a faceless authority. ALT 8. COORDINATE WITH RELATED SYSTEMS: For groups that are part of larger social systems, there must be appropriate coordination among relevant groups. Every sphere of activity has an optimal scale. Large scale governance requires finding the optimal scale for each sphere of activity and appropriately coordinating the activities, a concept called polycentric governance. A related concept is subsidiarity, which assigns governance tasks by default to the lowest jurisdiction, unless this is explicitly determined to be ineffective.]]> economics commons rules strategies shared systems governance collective https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:983f9457cc16/ Eight Misconceptions About Nudges by Cass R. Sunstein :: SSRN 2023-03-06T19:23:58+00:00 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4357437 earth2marshThere are many misconceptions about nudges and nudging, and some of them are widespread. For example, some people believe that that nudges are manipulative; that nudges are hidden or covert; that nudges are difficult to define; that nudges are an insult to human agency; that nudges are based on excessive trust in government; that nudges exploit behavioral biases; that nudges depend on a belief that human beings are irrational; and that nudges work only at the margins, do not affect structures, and cannot accomplish much. These are mistakes. Nudges are generally transparent rather than covert or forms of manipulation; nudges are not difficult to define; nudges always respect, and often promote, human agency; because nudges insist on preserving freedom of choice, they do not put excessive trust in government; many nudges are educative, and even when they are not, they tend to make life simpler and more navigable; and some nudges have quite large impacts. It is true that for countless problems, nudges are hardly enough. They cannot eliminate poverty, unemployment, and corruption. But by itself, any individual initiative – whether it is a tax, a subsidy, a mandate, or a ban – is unlikely to solve large problems. Denting them counts as an achievement.]]> economics behavior nudges nudging policy papers https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:697afa9a1f50/ As Profits Soar, The Disneyland And Disney World Magic Is Dying 2023-03-03T03:05:34+00:00 https://kotaku.com/disneyland-world-cheapest-price-time-ticket-prices-fast-1849733205 earth2marsh Disneyland Resort is composed of two individual theme parks: Disneyland (the original park) and Disney’s California Adventure. They are separated by a shopping district called Downtown Disney. If you want to do Disneyland properly—which we’re defining as being thorough, but at a brisk, non-strenuous pace—you need at least three days: one day for Disneyland, one day for California Adventure, and a third and final day to mop up any attractions you missed, finally get those beignets, re-ride your favorites, explore Downtown Disney, and shop for souvenirs. If you go for more than one day, you’ll pay more, but each individual day will cost less. A two-day Disneyland ticket for an adult is $285, which breaks down to $142.50 per day. A three-day ticket for an adult is $360, which breaks down to $120 per day. The aforementioned family of four, going to Disneyland for three peak days, would pay $1400 to get through the gates. Then there’s the extras. You have the option of a Park Hopper pass, which allows you to visit both parks in a single day. The Park Hopper option is $60 per person, regardless of the number of days you’re visiting. If you’re the aforementioned family of four that’s staying for three days, you’re up to $1640. If you want Genie+ for all three days, for all four family members, that’s $360. Now you’re up to $2000. And lastly, the individual Lightning Lanes can range anywhere from $7 to $25, and can vary depending on Guest demand. Let’s throw in 50 dollars per person for that. So the total charge—to go to Disneyland for three days and spend more time having fun instead of waiting on stand-by lines—is $2200, before tax. That’s before airfare, hotel, food, parking (which just received a 25% increase), and souvenirs. In 2019, the same three day trip, on peak days, would have cost approximately $1000 less. ]]> disney economics trends costs capitalism https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:4e737f461190/ Data Lords: The Real Story of Big Data, Facebook and the Future of News - TPM – Talking Points Memo 2023-01-07T19:49:05+00:00 https://talkingpointsmemo.com/edblog/data-lords-the-real-story-of-big-data-facebook-and-the-future-of-news earth2marshadvertising business economics publishing facebook https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:afbdb88f9020/ Collections: Why No Roman Industrial Revolution? – A Collection of Unmitigated Pedantry 2022-12-17T00:24:20+00:00 https://acoup.blog/2022/08/26/collections-why-no-roman-industrial-revolution/ earth2marshArgues that the Industrial Revolution could only have happened in late 18th-century Britain because of a very specific set of contingent events: the centuries-long arms race for the best cannon led to pressure-resistant cylinders, which enabled nascent piston steam engines; steam power found a killer app of pumping water out of coal mines; and it happened to be easy to run steam engines on coal, leading to a virtuous cycle of efficiency improvements until the steam engine was finally good enough for use in textile production (which, serendipitously, was also centered in Great Britain).]]> technology economics history progress https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:d78d3faa1fb3/ Long COVID Appears to Have Led to a Surge of the Disabled in the Workplace - Liberty Street Economics 2022-11-01T18:14:31+00:00 https://libertystreeteconomics.newyorkfed.org/2022/10/long-covid-appears-to-have-led-to-a-surge-of-the-disabled-in-the-workplace/ earth2marshAlthough most of those infected with COVID-19 have recovered relatively quickly, a substantial share has not, and remains symptomatic months or even years later, in what is commonly referred to as long COVID. Data on the incidence of long COVID is scarce, but recent Census Bureau data suggest that sixteen million working age Americans suffer from it. The economic costs of long COVID is estimated to be in the trillions. While many with long COVID have dropped out of the labor force because they can no longer work, many others appear to be working despite having disabilities related to the disease. Indeed, there has been an increase of around 1.7 million disabled persons in the U.S. since the pandemic began, and there are close to one million newly disabled workers. These disabled workers can benefit from workplace accommodations to help them remain productive and stay on the job, particularly as the majority deal with fatigue and brain fog, the hallmarks of long COVID. COVID-19 Was a Disabling Event According to the Centers for Disease Control and Prevention, about 19 percent of people who have been infected with COVID currently have some form of long COVID. Some of these so-called long-haulers have relatively mild symptoms that may not significantly interfere with daily life, but others have symptoms serious enough that they have become disabled. Indeed, one study has found that the average level of disability among those with long COVID is similar to Crohn’s disease and the long-term consequences of moderately severe traumatic brain injury. It is not clear if, when, and how those with long COVID will recover. A recent study suggests many eventually do, but the disease is still new, and much remains unknown.]]> covid long disability economics https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:a0fe876ec7ed/ Path dependence - Wikipedia 2022-08-23T02:42:14+00:00 https://en.m.wikipedia.org/wiki/Path_dependence earth2marshPath dependence is a concept in economics and the social sciences, referring to processes where past events or decisions constrain later events or decisions.[1][2] It can be used to refer to outcomes at a single point in time or to long-run equilibria of a process.[3] Path dependence has been used to describe institutions, technical standards, patterns of economic or social development, organizational behavior, and more.[4][1] In common usage, the phrase can imply two types of claims. The first is the broad concept that "history matters", often articulated to challenge explanations that pay insufficient attention to historical factors.[1][5][6] This claim can be formulated simply as "the future development of an economic system is affected by the path it has traced out in the past"[7] or "particular events in the past can have crucial effects in the future."[1] The second is a more specific claim about how past events or decisions affect future events or decisions in significant or disproportionate ways, through mechanisms such as increasing returns, positive feedback effects, or other mechanisms.]]> design patterns evolution economics feedback loops https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:540b2514c47a/ The New York Times: Vast New Study Shows a Key to Reducing Poverty: More Friendships Between Rich and Poor 2022-08-18T01:42:18+00:00 https://www.nytimes.com/interactive/2022/08/01/upshot/rich-poor-friendships.html earth2marshconnectedness mobility social economics opportunity poverty https://pinboard.in/u:earth2marsh/b:a226ab664d59/ The Deployment Age | Reaction Wheel 2022-08-12T06:58:20+00:00 https://reactionwheel.net/2015/10/the-deployment-age.html earth2marsh economics technology systems deployment trends innovation cycles theory https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:dd8f316e1538/ Follow the CAPEX: Cloud Table Stakes 2020 Retrospective – Platformonomics 2022-05-26T14:33:08+00:00 https://www.platformonomics.com/2021/02/follow-the-capex-cloud-table-stakes-2020-retrospective/ earth2marshalphabet cloud microsoft aws spending infrastructure capex economics https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:9dc52d102fe2/ The One Parenting Decision That Really Matters - The Atlantic 2022-05-07T15:25:10+00:00 https://www.theatlantic.com/ideas/archive/2022/05/parenting-decisions-dont-trust-your-gut-book-excerpt/629734/ earth2marsh parenting economics choices outcomes https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:2c0013fd0e2e/ The Opportunity Atlas 2022-05-07T15:24:05+00:00 https://www.opportunityatlas.org/ earth2marsheconomics data maps poverty opportunity https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:c18df22bc692/ CBS News: MBAs in management lead to lower employee pay, study finds 2022-05-04T03:24:08+00:00 https://www.cbsnews.com/news/mba-degree-management-lower-worker-pay-study/ earth2marsh mbas mba economics wages https://pinboard.in/u:earth2marsh/b:7143e2ac0382/ Goodhart's law - Wikipedia 2022-03-25T16:36:12+00:00 https://en.wikipedia.org/wiki/Goodhart%27s_law earth2marsh economics metrics psychology laws incentives systems https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:3d82c26bd6c4/ BlitzFail: How Not to Go Off the Rails | by David Sacks | Craft Ventures | Medium 2022-03-24T19:11:06+00:00 https://medium.com/craft-ventures/blitzfail-how-not-to-go-off-the-rails-24ccaf92c410 earth2marsh scaling startups failure economics business productmanagement https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:c663840d2c79/ BlitzFail - Bottom Up by David Sacks 2022-01-13T18:35:32+00:00 https://sacks.substack.com/p/blitzfail-how-not-to-go-off-the-rails-24ccaf92c410 earth2marsh productmanagement startups economics costs sales benchmarks https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:947c2794792b/ The Deployment Age | Reaction Wheel 2021-10-15T00:52:24+00:00 http://reactionwheel.net/2015/10/the-deployment-age.html earth2marsh technology business history economics revolutions shifts https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:b858673479ec/ The Death and Birth of Technological Revolutions – Stratechery by Ben Thompson 2021-10-15T00:51:46+00:00 https://stratechery.com/2021/the-death-and-birth-of-technological-revolutions/ earth2marsh technology revolutions change economics business shifts https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:223955a48304/ Cloudflare’s Disruption – Stratechery by Ben Thompson 2021-10-04T18:40:01+00:00 https://stratechery.com/2021/cloudflares-disruption/ earth2marsh aws cloudflare business economics cloud competition APIs copyright copying copies https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:d920e7210316/ Why Elon Musk Isn’t Superman - Evonomics 2021-08-27T18:52:10+00:00 https://evonomics.com/why-elon-musk-isnt-superman/ earth2marsh economics bubbles speculation economy tim_oreilly investment finance taxes policy https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:9fb78246da5b/ Where Europe Went Wrong in Its Vaccine Rollout, and Why 2021-04-21T23:02:35+00:00 https://www.nytimes.com/2021/03/20/world/europe/europe-vaccine-rollout-astrazeneca.html earth2marsh pandemic covid vaccines economics capitalism https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:c57c3812aeae/ Legalize Direct Sales of Electric Vehicles to Consumers! - Marginal REVOLUTION 2021-04-18T07:30:02+00:00 https://marginalrevolution.com/marginalrevolution/2021/04/legalize-direct-sales-of-electric-vehicles-to-consumers.html earth2marsh IFTTT Feedly economics electric vehicles policy https://pinboard.in/u:earth2marsh/b:37f726573716/ New Rules 2021-04-06T02:02:13+00:00 https://kk.org/newrules/ earth2marsh books business economics kevin_kelly https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:a4a143e6c071/ The Forgotten Dimension of Diversity 2021-02-23T19:40:08+00:00 https://hbr.org/2021/01/the-forgotten-dimension-of-diversity?s=09 earth2marshclass socioeconomics society management economics https://pinboard.in/u:earth2marsh/b:53173dc4de50/ The economics of Christmas trees 2020-12-08T04:02:53+00:00 https://thehustle.co/the-economics-of-christmas-trees/ earth2marsheconomics christmas trees https://pinboard.in/u:earth2marsh/b:7fdbab8cba25/ Canada’s forgotten universal basic income experiment - BBC Worklife 2020-06-26T22:01:59+00:00 https://www.bbc.com/worklife/article/20200624-canadas-forgotten-universal-basic-income-experiment earth2marsh canada economics history ubi income https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:baa2fa1802f2/ What really happened with Legos? 2020-05-20T17:33:02+00:00 http://www.realityprose.com/what-happened-with-lego/ earth2marsh lego history economics pricing price https://pinboard.in/u:earth2marsh/b:d6f86e921db0/ Random Critical Analysis on Health Care - Marginal REVOLUTION 2020-02-19T22:34:23+00:00 https://marginalrevolution.com/marginalrevolution/2020/02/random-critical-analysis-on-health-care.html earth2marsh healthcare economics income relationship https://pinboard.in/u:earth2marsh/b:377e8fae277c/ Impact of APIs on Firm Performance 2020-02-01T01:04:43+00:00 https://poseidon01.ssrn.com/delivery.php?ID=731070114084106019125026091020092127058062071092084057031005124078008001125027108099057029023099109125023091107028007120093126040057062033063080120006003024065028088093064092068117122007111101099123108031127098121091069016123081022004026065111002022&EXT=pdf earth2marsh apis economics performance study research https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:f0d24e24ec0d/ New Safety Gizmos Are Making Car Insurance More Expensive | WIRED 2020-01-29T16:00:28+00:00 https://www.wired.com/story/safety-gizmos-making-car-insurance-more-expensive/ earth2marsh automobile cars after accidents insurance safety costs economics https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:b255b872d6c0/ The Map Is Not the Territory 2020-01-22T01:21:51+00:00 https://fs.blog/2015/11/map-and-territory/ earth2marsh economics finance jcpenny retail maps apple risk models future https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:2fa95fe3ba89/ Are we undermeasuring productivity gains from the internet?, part II - Marginal REVOLUTION 2019-12-07T08:02:09+00:00 https://marginalrevolution.com/marginalrevolution/2019/12/are-we-undermeasuring-productivity-gains-from-the-internet-part-ii.html earth2marsh IFTTT Feedly productivity economics internet https://pinboard.in/u:earth2marsh/b:c7e5861459f0/ Governing The Commons: The Evolution of Institutions for Collective Action | Paul B Hartzog 2019-11-09T01:09:50+00:00 http://cooperationcommons.com/node/361 earth2marsh ostrom commons economics social https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:431623013589/ Peak California – Byrne Hobart – Medium 2019-03-12T04:48:55+00:00 https://medium.com/@byrnehobart/peak-california-7cf97baecaf0 earth2marsh business california economics https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:58d197d561e2/ The Mommy Effect: Do Women Anticipate the Employment Effects of Motherhood? 2018-06-28T02:14:32+00:00 http://www.nber.org/papers/w24740 earth2marsh economics gender women motherhood https://pinboard.in/u:earth2marsh/b:8758b67a7799/ Invisible asymptotes — Remains of the Day 2018-05-29T18:24:07+00:00 http://www.eugenewei.com/blog/2018/5/21/invisible-asymptotes earth2marsh business economics twitter growth product productmanagement customers truth https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:4ab22384e1de/ http://www.realclearmarkets.com/articles/2018/01/11/while_telling_his_life_story_andre_agassi_teaches_basic_economics_103083.html 2018-01-19T15:54:32+00:00 http://www.realclearmarkets.com/articles/2018/01/11/while_telling_his_life_story_andre_agassi_teaches_basic_economics_103083.html earth2marshtennis agassi inequality economics https://pinboard.in/u:earth2marsh/b:421833c5748c/ Emergent Layers, Chapter 1: Scarcity, Abstraction & Abundance – The Startup – Medium 2017-08-09T21:18:26+00:00 https://medium.com/swlh/emergent-layers-chapter-1-scarcity-abstraction-abundance-5705666e4f15 earth2marsh startups markets economics framework business models https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:b16da870fe21/ Home 2017-08-09T21:16:43+00:00 http://www.thebigsort.com/home.php earth2marsh community economics books politics sociology https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:334a309a077f/ State of the Cloud 2017 2017-05-11T01:14:26+00:00 https://www.slideshare.net/ByronDeeter/state-of-the-cloud-2017-72021644 earth2marsh cloud economics business revenue growth ipos startups https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:c5ab6d7e235e/ Why the High Cost of Big-City Living Is Bad for Everyone - The New Yorker 2017-05-07T14:38:35+00:00 http://www.newyorker.com/business/currency/why-the-high-cost-of-big-city-living-is-bad-for-everyone earth2marsh economics housing sanfrancisco https://pinboard.in/ https://pinboard.in/u:earth2marsh/b:17c26f20a31a/ Some Colleges Have More Students From the Top 1 Percent Than the Bottom 60. Find Yours. - The New York Times 2017-01-20T14:37:07+00:00 https://www.nytimes.com/interactive/2017/01/18/upshot/some-colleges-have-more-students-from-the-top-1-percent-than-the-bottom-60.html?_r=0 earth2marshcolleges university economics visualization usa https://pinboard.in/u:earth2marsh/b:241abc2c8122/ How large is the control premium? - Marginal REVOLUTION 2016-08-10T06:14:52+00:00 http://marginalrevolution.com/marginalrevolution/2013/11/how-large-is-the-control-premium.html earth2marsheconomics bias control psychology https://pinboard.in/u:earth2marsh/b:a69bdd5c33ce/