New paper from economist @ClaudiaLPersico published by @ppi this week.

This is the best literature review out there on the negative economic effects from pollution.

Here's a thread with the most alarming facts & statistics from the paper...

Here's a map of all the Toxic Release Inventory (TRI) and Superfund sites.

Living near a toxic waste site is bad for you!

"221.5 million people had a TRI site operating in their zip code in 2016"

"Nearly 22% of all public schools were within one mile of a TRI facility in 2016"

Pollution disproportionately affects low-income/minority groups:

"Low-income children are up to 12 times more likely to have elevated blood-lead-levels than their wealthier peers"

"Black children ages 1–5 are more than twice as likely to be lead-poisoned than their white peers"

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Alec Stapp

@AlecStapp

26 Jul

The crackdown on tech companies in China seems to have reached a new level...

Live look at what happens when the Chinese government nukes your company from orbit

yikes

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Alec Stapp

@AlecStapp

25 Jul

The greatest advantage the US retains vis-a-vis China is that immigrants from all around the world would rather move here.

https://twitter.com/AlecStapp/status/1419122917485465602

For decades we've rested on our laurels when it comes to immigration.

We even had periods of very nativist immigration policy — basically shooting ourselves in the foot.

Now we need to start actively recruiting talent while demand is still strong.

https://twitter.com/AlecStapp/status/1419122917485465602

https://twitter.com/calebwatney/status/1418593783386673156

Here’s a good place to start

https://twitter.com/calebwatney/status/1418593783386673156

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Alec Stapp

@AlecStapp

21 Jul

COVID deaths lag confirmed COVID cases by 2 weeks, according to UK data.

I created a chart comparing UK cases (lagged 2 weeks) & deaths to see how the third wave (with delta variant) is going relative to previous 2 waves.

Vaccination has severed the link between cases & deaths:

@OurWorldInData

Data is from the great folks at @OurWorldInData.

All errors in analysis are my own (please let me know!)

ourworldindata.org/covid-deaths

Here's a version comparing cases (lagged 2 weeks) & deaths for just the second and third waves.

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Alec Stapp

@AlecStapp

13 Jul

Headline inflation just hit 5.4%, the highest rate since 2008.

Here are 4 charts on why it's premature to panic & 3 ideas for policymakers if they want to reduce inflation risk.

1. Market-based forecasts of medium-run inflation (5-10 years from today) remain anchored at 2.2%

@WhiteHouseCEA

2. Most of the inflation in June — 60% — is from cars.

As the global semiconductor shortage ebbs, we can expect inflation related to cars to return to its historical average.

(chart via @WhiteHouseCEA)

3. If you want to know where inflation is heading, look at median CPI.

In contrast to headline CPI, median CPI remains stable at 2.2% year-over-year.

Headline CPI is more volatile than median CPI, but historically it has reverted *toward* median CPI after short deviations.

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