This week, Denmark led the world in infections per capita. It also suddenly voted to end all restrictions—no mask mandate, no COVID passports. I talked to researcher and govt adviser @M_B_Petersen about why.
When I say Denmark leads the world in COVID cases per capita, I mean, literally—if you don't count the South Pacific archipelago of Palau—it's number one in cases per million people.
But the relationship between cases and ICU admits has been shattered.
There's no mystery here.
Denmark broke the tether between cases and severe outcomes bc it's one of the most vaccinated countries in the world.
- 81% of adults are doubly vaxxed
- 61% have booster shots
Denmark's booster-shots-per-capita is about 2.5X higher than the U.S.
So, Denmark is different. But it's instructive.
Denmark's pandemic restrictions are only extended on a temporary basis for the country. Pandemic restrictions expire. And the govt must vote to extend them.
This builds trust that ALL restrictions are TEMPORARY.
In the U.S., there is a fierce debate—even among doubly and triply vaccinated people—about an "off-ramp" to "normal" so we can be "done."
Forcing the govt to vote every 90 days to re-up temporary restrictions might ease fears of, eg, "forever masking" in this debate.
One more thing I found fascinating.
In the U.S,, it's less common to find public health officials who are loudly pro-vaccine and loudly anti–vaxx mandate.
But in Denmark, pro-vaccine and anti-mandate is the standard position.
Denmark is not America.
Its decision to lift restrictions is downstream of its vaxx rate. And its vaxx rate is downstream of extraordinary public trust.
But it's still useful to hear from other countries—if only to imagine what's possible in ours.
School rewards people who learn and use big words. But the real superpower is the ability to use simple language to decode important and complicated ideas. Beware the illusion that "complexity = intelligence."
1) Bitcoin is digital gold—a hedge against inflation and equities 2) 10% market corrections are rare phenomena 3) COVID was a boon for pandemic darlings like Peloton and Zoom
1) "Think of Bitcoin like digital gold"
This is almost a double-negative myth. Bitcoin has been an awful hedge; it's down more than the Nasdaq, making it more like a tech stock on steroids.
But as @morganhousel says, gold is historically a terrible inflation hedge, too!
So in a way, you could say that Bitcoin really *is* like digital gold—just not for the reasons that its advocates claim.
Both Bitcoin and gold are volatile assets that people claim as a useful hedge even though their long-term histories suggest the opposite.
As far as I know, only one team in professional sports history has finished 1st in offense, 1st in defense, and also missed the playoffs.
9. Bob Beamon's record-breaking long jump in the 1968 Olympics.
Hard to think of another sports achievement so outlierish that officials had to stop the game to figure out WTF just happened and the player, upon learning of the record, was so shocked that he suffered a seizure
- the deep story of the voting rights bill
- a clinic on US filibuster history
- Biden polling exegesis
- negativity bias vs. agency bias in political media
Our discussion toward the end about news biases was one of the most interesting conversations I've had about political media in a while.
In short:
1. The press has a negativity bias (duh). 2. That's in part bc audiences have a negativity bias. 3. Media also has "agency bias."
News orgs can A/B test headlines with positive and negative frames. I've done it. It's clear that readers click more when the framing is negative. You can see this on Twitter, too.
Our (the media's) negativity bias both drives and reflects your (the audience's) negativity.