A tale of twin cities
In recent years, Minneapolis enacted a set of reforms making it easier to build multifamily housing. Tim Peach directed me to a blog post written by Matthew Maltman, which suggests the effects have been fairly dramatic: Scott Alexander recently suggested that building more housing might actually boost housing prices, by making cities more dense. In […]
Oil and the Ruler’s Benevolent Omnipotence
One exhibit in the trial of democratic political mythology is the idea that the incumbent president, or chief ruler, is to blame for higher gasoline prices, and the observation that voters believe in their ruler’s benevolent omnipotence. The Financial Times reports (“Rising Petrol Prices Spark New Concern in Washington,” August 6, 2023): Rising US fuel […]
Can chatbots and AI help solve service design problems?
Chatbot Design & Development Agency DEPT® Integrating your chatbot with your CRM system enhances lead qualification and data management. This integration enables chatbots to gather and update lead design chatbot information seamlessly, providing valuable insights to your sales team. One of the most talked-about tech trends today is artificial intelligence. When we talk about training, […]
Empowering Investment and Entrepreneurs – Econlib
Michael Eisenberg is a venture, capitalist, businessman, and author of the book The Tree of Life and Prosperity. On this episode of EconTalk, Russ Roberts hosts Michael Eisenberg for a conversation on venture capitalism, technology’s influence on the economy, and the unique lessons that can be taken from a book that has stood the test of […]
How America is failing to break up with China
WHEN IT COMES to tracing the geography of global supply chains, few companies provide a better map than Foxconn, the world’s largest contract manufacturer. This year the Taiwanese giant has built or expanded factories in India, Mexico, Thailand and Vietnam. The Chinese production sites once beloved by Western companies are firmly out of fashion. Souring […]
Credit card balances jumped in the second quarter and are above $1 trillion for the first time
Jose Luis Pelaez Inc | Digitalvision | Getty Images Americans increasingly turned to their credit cards to make ends meet heading into the summer, sending aggregate balances over $1 trillion for the first time ever, the New York Federal Reserve reported Tuesday. Total credit card indebtedness rose by $45 billion in the April-through-June period, an […]
