~marginalrevolution | Bookmarks (566)

That is the topic of my latest Bloomberg column, here is one hypothesis: The NBA has a salary cap, which prevents teams in major markets, such as the Los Angeles Lakers or New York Knicks, from snapping up all the talent.1 An unfortunate side effect it that is harder for all teams to bid for additional […] The post What is wrong with the NBA?...

The ACR metrics: Some more results. And this: Yupsie-dupsie, delivery of this: Happy holidays people, hope you are enjoying the presents! The post The new o3 model from OpenAI appeared first on Marginal REVOLUTION.         CommentsCommentsRelated StoriesWhy you should be talking with gpt about philosophyThomas Storrs on elastic data supply (from my email)The Effects of Gender Integration on Men 

Hidden above the stone vaults of Notre-Dame de Paris, the 13th-century timber structure that once supported the cathedral’s steep lead roof was so extensive it was known as “the forest”. When the cathedral caught fire in 2019, the flames spread quickly through the lattice of oak beams, each one hewn from an individual tree by […] The post Recreating the past isn’t easy (but...

1. Andrew Batson reading from 2024. 2. On how to test more drugs (DOGE take note). 3. America is suddenly getting healthier.  Very much an overlooked point.  And: “Higher labor supply in the US accounts for 2 to 3 percentage points in extra health expenditure as a share of GDP and between 10% and one-third […] The post Friday assorted links appeared first on...

From this post on chip export bans: Didn’t we have a conversation where you said Chinese AI was so terrifying that we couldn’t consider any AI slowing or pause, because all of our efforts had to be put into preventing China from beating us in AI? And when I discussed reasons that this might not […] The post Scott Alexander on chips (from the...

Bob Sagers was walking around an indie music festival in Salt Lake City when a friendly stranger approached and asked for his number. “Has anyone ever told you that you have a Jesus look to you?” the man asked, according to Sagers, a 25-year-old who works as a cheesemonger at a grocery store. It wasn’t […] The post Those new service sector jobs, LDS...

I rarely like adaptations of classics on the big screen, but I give this one (trailer) high marks.  Ralph Fiennes plays Odysseus and Juliette Binoche has the role of Penelope — you cannot imagine better castings.  The film is fully serious, and understands the classic text extremely well, without being slavish to it.  It understands […] The post *The Return* appeared first on Marginal...

1. “First, female innovators are less connected than men. Second, at short network distances, researchers (especially men) adopt women’s ideas less.” 2. China coal consumption fact of the day uh oh. 3. John Cochrane on Bob Hall and consumption. 4. Are high stock prices and tech stagnation compatible? 5. OECD on the macro productivity gains […] The post Thursday assorted links appeared first on...

What are your top indicators of national aspiration? Percentage of GDP devoted to R&D would be a good conventional indicator. What about some unconventional indicators? My top five: 1) Top marginal tax rate 2) Space Program 3) Distance to travel to mother’s home 4) Tallest statue 5) Cultural exports On these, the US and India […] The post Unconventional Indicators of National Aspiration appeared...

Harvard magazine has an excellent interview with three scientists, Michael Mina, Douglas Melton and Stuart Schreiber, all highly regarded in their fields of life sciences, who have recently left Harvard for the private sector. Why did they leave? Mina tells an incredible story of what happened during the pandemic. At the time Mina was a […] The post Why are Top Scientists Leaving Harvard?...