I rarely say good things about Thomas Friedman as he is typically too far left, in my opinion. However, I regularly read his columns (when the NYT doesn’t block me) and I think I have read all of his books because it is good to understand all sides of an argument.
This analysis of the recent deal in the Mideast is very well done. Probably the best that I have read. If you are not blocked by the NYT paywall, you should read it.
This deal is amazing. In a normal news cycle, this would be the top headline in every newspaper and every news site (but this isn’t a normal news cycle). This is a deal that no former POTUS has been able to pull off. Is it a Nobel worthy as what James E. Carter or William J. Clinton did? No. But it is a lot better than what George H. W. Bush, George W. Bush, or Barack H. Obama did in the Mideast (and Obama received the Nobel prize just for giving good speeches not for actually doing anything). Trump won’t get a Nobel for this because the committee hates Trump. But even if you are a Trump-hater, you have got to give credit for getting this deal done.
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A simple mathematical mistake may explain why many people underestimate the dangers of coronavirus, shunning social distancing, masks, and hand-washing.
Many people consistently underestimate how fast the value increases – a mistake known as the “exponential growth bias” – and while it may seem abstract, it may have had profound consequences for people’s behavior this year.
A spate of studies has shown that people who are susceptible to the exponential growth bias are less concerned about Covid-19’s spread, and less likely to endorse measures like social distancing, hand washing, or mask-wearing. In other words, this simple mathematical error could be costing lives – meaning that the correction of the bias should be a priority as we attempt to flatten curves and avoid second waves of the pandemic around the world.
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In order to understand why California’s new Assembly Bill 5, (AB 5) is lousy you have to decipher who wins and who loses in the gig economy. If the losers are politically connected, it is logical that the losers will try to change the rules.
This is the downside of most government interventions. The goals of the “do-gooders” are overwhelmed by the special interests. Laws should be simple and have as little interference in the personal lives as possible.
The gig economy has provided opportunities for millions of Americans to make money. That’s not the same as having a “job” but that’s the point. Many gig workers have other jobs and many of the ones who don’t are in school or want to work part-time to make a little extra cash. Obviously, some of these people would like to have a different job which they can freely look for while doing gig work without any repercussions from an “employer” looking for loyalty or firm work hours.
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