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Noah Smith 🐇 Profile picture
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11 Mar, 4 tweets, 1 min read
Here's a picture of Southeast Asian growth.
And here's a picture of South Asian growth.
Here's a picture of growth for some Latin American countries.
And here's a picture of growth for some African countries.

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More from @Noahpinion

Noah Smith 🐇 Profile picture
9 Mar
1/In today's @bopinion post, I talk about how America is shifting toward the idea of unconditional cash benefits and away from the idea of "workfare".

bloomberg.com/opinion/articl…
2/Biden's relief bill has no less than FIVE major cash benefit programs ($1400 checks, Pandemic UI, rental assistance, health care assistance, and the child tax credit).

This is no coincidence.

noahpinion.substack.com/p/bidens-first…
3/When I was a kid, everyone was worried about welfare dependency and poor people being paid not to work. Workfare thus became the most popular approach.
Read 15 tweets
Noah Smith 🐇 Profile picture
9 Mar
1/In this @bopinion post, I talk about how the pandemic might change our view of the software industry's productivity and value -- and more importantly, how it might make the software industry more productive and valuable in reality!

bloomberg.com/opinion/articl…
2/First let's talk about *perceptions* of the software industry.

Throughout the pandemic, plenty of people have been skeptical of the ability of "tech" to help us during a plague.
3/But imagine what this pandemic would have been like without online services companies!

First of all, imagine COVID with no online shopping.
Read 13 tweets
Noah Smith 🐇 Profile picture
8 Mar
1/OK, here are my thoughts on Biden's big relief bill.

noahpinion.substack.com/p/bidens-first…
2/People are sleeping on how big a deal this bill is.

3/Almost all of the bill is just "mailing out checks" in one form or another.

This indicates a general shift in econ policy that I think has been building for a while now -- a shift toward unconditional cash transfers.

Several things have motivated this shift.
Read 16 tweets
Noah Smith 🐇 Profile picture
6 Mar
I was always hoping for Twitter to turn into a giant flame war between partisans of Golden Grahams and Cinnamon Toast Crunch, but it hasn't happened yet
Which is better?
Also, which of these is better?
Read 5 tweets
Noah Smith 🐇 Profile picture
4 Mar
1/Today's @bopinion post is about how Clubhouse, Substack, TikTok, and other new social media are helping move public discussion away from Twitter, and in doing so are helping to build a better Internet.

bloomberg.com/opinion/articl…
2/Twitter is great for many things -- meeting people, getting news quickly, giving voice to the excluded, etc.

But it's also a place filled with rage, where negative emotions create virality, and everyone is incentivized to be angry all the time.

smithsonianmag.com/science-nature…
3/Misinformation also travels quite rapidly on Twitter.

And as Trump showed, bad actors can leverage Twitter to destabilize society.

news.mit.edu/2018/study-twi…
Read 10 tweets
Noah Smith 🐇 Profile picture
1 Mar
1/Let's talk about something actually important for a change: Africa!

noahpinion.substack.com/p/all-futurism…
2/You can't understand how important Africa is unless you look at a population projection.
3/Here's another view.

And remember, Africa's proportion of the YOUNG population will be far larger even than this graph shows.

The future of Africa is literally the future of humanity.
Read 19 tweets

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