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#tylercowen

0 posts0 participants0 posts today
Public
M. Grégoire

There's a discussion of #ElectoralReform for the UK at #MarginalRevolution today: marginalrevolution.com/margina

"But Britain has many serious problems, and I would rather see one party given a decisive mandate to handle them", says #TylerCowen, defending the First-Past-the-Post system.

Some commenters argue in favour of ranked ballot voting.

#FPTP #ProportionalRepresentation
#ukpol

Marginal REVOLUTION · PR for the UK? - Marginal REVOLUTIONI say no, we have enough European governments with proportional representation already.  Should not someone allow for the possibility of more decisive action? Estimates are suggesting that Labour won two-thirds of the seats with one-third of the vote, more or less.  So that induces the usual cries of misrepresentation of the electorate (it also reminds […]
Public
M. Grégoire

Emigration from Canada to the U.S. hits a 10-year high as tens of thousands head south
cbc.ca/news/politics/canadians

Via marginalrevolution.com/margina, where #TylerCowen celebrates this as a brain-drain to the US.

As the #MarginalRevolution comments point out, there's a real question about who's moving: is it young, ambitious workers, or older Canadians trading an expensive house in Toronto for a retirement in Florida? The #CBC article is essentially anecdotal.

Either way, we need to fix housing policy.

CBCEmigration from Canada to the U.S. hits a 10-year high as tens of thousands head south | CBC NewsTens of thousands of Canadians are emigrating from Canada to the United States and the number of people packing up and moving south has hit a level not seen in 10 years or more, according to data compiled by CBC News.
Public
M. Grégoire

FTX Customers Poised to Recover All Funds Lost in Collapse
marginalrevolution.com/margina

#TylerCowen adds: "Here is the full NYT story, noting that account holders did not receive (significant) gains in the value of bitcoin that otherwise would have accrued."

#FTX #bankruptcy
#MarginalRevolution

Marginal REVOLUTION · FTX Customers Poised to Recover All Funds Lost in Collapse - Marginal REVOLUTIONSome of the recoveries stemmed from successful investments that Mr. Bankman-Fried made during his FTX tenure. In 2021, the company had put $500 million into the artificial intelligence company Anthropic. A boom in the A.I. industry made those shares much more valuable. This year, Mr. Ray’s team sold about two-thirds of FTX’s stake for $884 […]
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