roussanoff
FTC Withdraws from Labor Pact in Antitrust Merger Enforcement
Longer answer: what you are interested in is called the “transmission mechanism”, and the reduced workforce (and also investment by businesses) is only a part of it. The main part of the transmission mechanism is consumption: when interest rates go up, saving becomes more attractive and people shop less, preferring to spend later. They also face lower asset prices (did you notice how all bonds lost value over the past year? that's what it is) and so choose to spend less.
The inflation-unemployment trade-off that you mentioned is also a part of it. All economists know that there are trade-offs between policy goals, and you have to make judgement calls about what the society's priorities are. If only the voters could vote on “2% lower inflation compared to now” vs “1 percent lower unemployment compared to now”. For better or for worse, they don't do that.
This “idea” was on wikipedia since at least 2015: https://en.wikipedia.org/w/index.php?title=Etymology_of_tea&...
Dropbox support for macOS FAQs (paths broken with recent update)
Technology and educational choices: Evidence from a one-laptop-per-child program
A Statistical Explanation of the Dunning–Kruger Effect
My grandfather, who turned 10 in 1929, vaguely recalled how the country briefly abandoned universal weekends, which meant a mess scheduling anything family-related. Everyone had different work schedules. https://en.wikipedia.org/wiki/Soviet_calendar
How Russia Fell in Love with Candy Bars Made of Blood (2019)
Library of Statistical Techniques
Do Private Prisons Affect Criminal Sentencing? [pdf]
- take the railroad as far west as possible, then a stagecoach (expensive, slow, uncomfortable). The land route was created after the Gold Rush: https://en.wikipedia.org/wiki/California_Trail
- ship to Panama, cross by land in Panama, ship from Panama to California (cheaper, slower, risk of disease like malaria)
- ship around South America. Yep, all the way to Antarctica, through Magellan Strait. (even cheaper, even slower, risks from travelling by the sea). This route seems crazy if you look at the map. However, for goods, it was very much in use before Panama Channel was built. Sea is so much easier than land.
I am not sure what "foreign power" this quote refers to though. Panama? Chile? Maybe you could also go through Mexico?
- 1850-1890 was a period of high protectionism, highest tariffs on imports in the US history.
- A good approximation of share of traded goods in the railroads would be the share of imports+exports in the GDP. Together, exports and imports were not more than 15% of GDP. Source: https://www.nber.org/system/files/working_papers/w4710/w4710..., Table 3.
- railroads transported a lot of agricultural products and also passengers, and were hugely profitable from that. I doubt they would recover any cost by transporting porcelain and whatever other goods China exported at the time.
- "But that answer is wrong, as can be shown by examining historical records of the time." - citation needed.
In America, in recent years, both in our company and in the media, various minorities have been actively protected and people are very cautious about the dismissal of gays, blacks, and more recently, Asians. But in Xsolla, we did not give immunity to these groups, because all decisions that a human makes, from the point of view of Americans, have a risk of being biased, and our algorithmic solution is as unbiased as possible. Therefore, from the point of view of American media and American civil society, for us it is much better and more indisputable than if some manager fired someone.
https://translate.google.com/translate?sl=ru&tl=en&u=https:/... (In Russian, Google translated)
Xsolla fires 150 employees using analysis of chat and email activity
[1]:https://www.journals.uchicago.edu/doi/abs/10.1086/690949?jou...
Interestingly, the computer keyboards are stuck with the old layouts. You can't buy a Russian keyboard with the right quotation marks. I am using a custom layout by Ilya Birman [1] that makes a nice remapping with «» available quickly.