Two noteworthy tweets It’s a slow economic news week. Housing starts and permits are reported tomorrow, and jobless claims and existing home sales on Thursday. I’ll update the Coronavirus Dashboard Wednesday. So for today, two nuggets. 1. Nate Silver discovers behavioral psychology: This has been my paradigm for months. Panic breeds compliance with mask-wearing and social distancing. Complacency breeds risk-taking. Over time both trends wane, breeding the conditions necessary for the opposite outcome. Not only has this been true in almost all US States, but we have now seen the same dynamic play out in Europe. Nice to see that Nate Silver is learning about learning. 2. What is the solution to the Supreme Court? Hoarse is right, although I
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Two noteworthy tweets
It’s a slow economic news week. Housing starts and permits are reported tomorrow, and jobless claims and existing home sales on Thursday. I’ll update the Coronavirus Dashboard Wednesday. So for today, two nuggets.
1. Nate Silver discovers behavioral psychology:
This has been my paradigm for months. Panic breeds compliance with mask-wearing and social distancing. Complacency breeds risk-taking. Over time both trends wane, breeding the conditions necessary for the opposite outcome. Not only has this been true in almost all US States, but we have now seen the same dynamic play out in Europe.
