Miles Kimball
@mileskimball
Eaton Professor of Economics at the University of Colorado and blogger on economics, politics, religion & happiness
Rather than bemoaning the fact people tap their 401(k)s for emergencies, we should recognize this is a good thing too & raise default contribution rates enough to cover both emergencies & retirement. More Americans Tap 401(k)s For Financial Emergencies tinyurl.com/27jybapu
“Given how much money Meta was already spending on hardware & computing power to train AI—more than 100x what it was spending on humans—Chen suggested that Zuckerberg might want to invest more in talent, according to people familiar with the conversation” tinyurl.com/26baa4n7
Sex of the children of the same mother is like a weighted coin toss, not like a fair coin: science.org/doi/pdf/10.112…
People who go to bed earlier exercise more. news.harvard.edu/gazette/story/…
“In May, Goldman Sachs economists looked at unscheduled leadership changes in central banks around the world and found inflation was 1 to 2 percentage points higher two years later with no benefit to growth.” The Inflation Risks of Firing Powell tinyurl.com/2aa5byjf
From a Utilitarian perspective, this makes no sense: “Even funding bodies such as the National Institutes of Health turn away from headache disorder” tinyurl.com/yshkvnk5
"90% of US Power Capacity Installations Are Renewables" apolloacademy.com/90-of-us-power…
Politicians almost always think interest rates should be lower than they are,” said Alan Blinder, a Princeton University economist and former Fed vice chair. “This is the major reason we need an independent central bank.” tinyurl.com/ytjftdr4
Ideology: “Last week the National Education Association used its annual conference to adopt a measure that effectively prevents the union’s members from ‘using, endorsing or publicizing’ any educational materials created by the Anti-Defamation League” tinyurl.com/ytas8qpa
“More than half the engagement rings purchased last year in the U.S. had a lab-created diamond, a 40% increase compared with 2019, according to a survey of nearly 17,000 U.S. couples by wedding website The Knot.” De Beers Battles Diamond Price Plunge tinyurl.com/yqeqk8xa
De Beers’ loss is the world’s gain—in more ways than one. A fairly evil company. De Beers Battles Diamond Price Plunge tinyurl.com/yqeqk8xa
Nonsugar sweetener erythritol risks: "Big picture, if your vessels are more constricted and your ability to break down blood clots is lowered, your risk of stroke goes up. Our research demonstrates not only that, but how erythritol has the potential to increase stroke risk."…
“It’s quite possible that by taking the low-demand stuff off our plates we’re piling up too much high-demand stuff,” says economist and sociologist Juliet Schor, whose new book, “Four Days a Week,” chronicles companies’ experiments with reduced schedules. tinyurl.com/yty4f2zb
“Among employed men, 29% said they spent time working from home in 2024, down from 34% the prior year, according to a new Labor Department survey. For women, that figure stayed largely flat at 36%.” Women Return to Office Less Than Men tinyurl.com/ynbawt25
I like this rule-of-thumb for avoiding the most common phishing attacks: "Whenever an email or SMS text demands you take urgent action (such as wiring money or updating credentials) to prevent a negative event, be careful. This is a common method used to startle users into…
“Sheriff’s departments, which generally have jurisdiction over counties, were involved in about a third of the police killings in 2024, despite making up just a quarter of law-enforcement nationwide” tinyurl.com/ykv9dtkm
Gaza is a large prison that unjustly imprisons millions of people. It shouldn’t be taboo to try to help people get out. There is way too much focus on land, and not enough focus on people & their lives. Gaza Strip Consulting Project Spiraled Into a Crisis tinyurl.com/yrzvb8ju
“Xi’s counsel to the party apparatus, the Chinese advisers say, is one of patience, convinced that the global balance of power will inevitably tilt in China’s favor.” I’ll be delighted if China doesn’t use force against Taiwan in the next 10 years. tinyurl.com/ypjrgk7u