The U.S. has the world's most expensive medical school education and a deliberate policy to constrict residency spots. No wonder we have fewer physicians/capita than every country in Europe.
A conspiracy to limit the number of primary care physicians in America, maximize their debt, and raise prices for consumers would look practically identical to existing U.S. medical education policy.
The group with the highest level of personal satisfaction: weekly religious-service attendants.
This group leans Republican.
The group with the lowest level of national satisfaction? Republicans.
interpretations:
1. life is "hate congress, like your congressman" all the way down 2. ppl are resilient, but judgey: so the personal satisfaction line is straight but the nat'l satisfaction line is jagged 3. news is a VR where everything is always bad, even when life is okay
One of the most popular modes of commentary is what you could call DGAF Populist.
DGAF Populists—Rogan, Chappelle, Maher—are anti-PC, anti-GOP, anti-left, anti-neurotic, anti-"woke," pro-"do your thing," economically left, culturally libertarian, and linguistically rude (1/x)
You can point to a thousand differences between Rogan, Chapelle, & Maher but just bear with me on this commonality of style.
The popularity of the DGAF Populist style is really important, because of how it intersects with media economics and media coverage. (2/x)
Aggregator economics push firms like Netflix & Spotify to buy exclusive rights to popular content in a world where a lot of culture is political, where politico-culture analysis is popular, and where DFAF-P is often the most popular flavor (3/x)
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.
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.