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AuthorSpencer Chen

Mind the Cup [kyla scanlon, Kyla’s Newsletter]

By Spencer Chen
In Kyla Scanlon [Kyla's Newsletter]
December 29, 2022
294 views
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• This year was a year of uncertainty, with many systems being fragile and the promise of “This is How It Will Be” being broken.
• The Federal Reserve’s job is to manage expectations and to make sure that inflation expectations do not become unanchored.
• Causes of inflation include deglobalization, tightness in labor markets, sky high energy and commodity prices, WFH trends, and supply bottlenecks.
• The Fed’s tools are ambiguous in the context of real world narrative, and their treatment plan should be bolstered by additional toolsets.
• On a micro level, uncertainty can be a fuel as we navigate new normals, and individual actions are what shape the world that we live in.
• Love is an action, a way that we exist in the world rather than a relationship, and this year was a year to recognize that the world does react to us.

Published December 29, 2022. Visit Kyla’s Newsletter to read kyla scanlon’s original post.

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December 28, 2022 [Heather Cox Richardson, Letters From An American]

By Spencer Chen
In Heather Cox Richardson [Letters from an American]
December 28, 2022
269 views
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  • On December 28, 1890, Lakota people surrendered to U.S. soldiers on the Pine Ridge Reservation in South Dakota, but the soldiers had more troops and guns than necessary.
  • The next day, the Wounded Knee Massacre occurred, killing 250 Lakota men, women, and children.
  • The author reflects on the tragedy and the potential to change the future.

Click HERE for original. Published December 28, 2022

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Drink Your Way to Sobriety in 2023 [Teddy Kennedy, The Free Press]

By Spencer Chen
In [The Free Press]
December 28, 2022
278 views
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  • Katie Lain realized she had a drinking problem in 2011 while sitting on a beach in California.
  • Despite trying AA meetings, 30-day challenges, workshops, cleanses, and spiritual retreats, she could not seem to quit.
  • In 1972, John David Sinclair moved to Helsinki to work at Alko Laboratories and test his theory that it was possible to find a cure for Alcohol Use Disorder.
  • Sinclair’s theory was based on Pavlov’s dogs, which showed that if a reward was taken away, the desire for it would eventually stop.
  • Sinclair tested this theory on rats and found that if they were given an opioid-blocker before drinking, they would eventually lose the desire for alcohol.
  • The same theory was tested on humans and found that nearly 80 percent of people who followed the protocol saw major reductions in drinking.
  • Katie Lain hit extinction after nine months and has now been sober for four years.
  • Drinking came naturally to me, but I realized the extent of my problem in 2007.
  • I tried 12-steps, SMART Recovery, Moderation Management, and more, but nothing worked.
  • I found The Sinclair Method, which requires taking naltrexone while drinking in order to reach extinction.
  • I took the pill, tracked my drinks, and formed new habits and routines.
  • Gradually, my consumption started to drop and I had my first sober week, then month.
  • After eight months, I was able to attend a holiday party sober.
  • The Sinclair Method is effective, but not widely known due to lack of money and cultural bias.

Click HERE for original. Published December 28, 2022

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Repost: Why immigration doesn’t reduce wages [Noah Smith, Noahpinion]

By Spencer Chen
In Noah Smith [Noahpinion]
December 27, 2022
271 views
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  • Immigration does not reduce wages for native-born Americans, except in a few special circumstances.
  • Immigration increases labor supply and labor demand, which tends to cancel out the downward pressure on wages.
  • Economists have done a lot of research on the question of whether immigration lowers wages, and have found very small or no labor market impact.
  • Studies on refugee waves have found no negative effect on native-born wages, and some studies have even found that immigration increases native-born wages in the long run.
  • Other studies have looked at internal migration in the U.S. and found that inflows of internal migrants cause a boom in housing construction, which supports local labor markets.
  • George Borjas wrote a paper claiming to find negative effects for a very small slice of less-educated minority workers, but other economists found that even that drop was actually the result of a change in measurement.

Click HERE for original. Published December 27, 2022

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Over a Hundred Years Later, People Are Still Shocked by Non-Representational Art [Freddie deBoer]

By Spencer Chen
In Freddie deBoer
December 27, 2022
177 views
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  • Non-representational art has been shocking people for over a century, yet it remains popular in art museums.
  • Technical skill in the visual arts is not necessarily a prerequisite for creating non-representational art.
  • Pablo Picasso, Mark Rothko, Marcel Duchamp, and Piet Mondrian all had the ability to create representational art, but chose to move towards abstraction for various reasons.
  • The crisis of representation, which arose from advances in photography, caused many artists to turn inward and express their own emotional inner lives.
  • AI art is creating a new crisis of representation, which may lead to an increased value for art that foregrounds the artist’s emotions.
  • Despite the rise of poptimism, the fear of being looked down upon for appreciating non-representational art still exists, and this may be beneficial for the avant-garde.

Click HERE for original. Published December 27, 2022

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Selection Bias Is A Fact Of Life, Not An Excuse For Rejecting Internet Surveys [Astral Codex Ten]

By Spencer Chen
In Scott Alexander [Astral Codex Ten]
December 27, 2022
269 views
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  • Selection bias is a fact of life and should not be used as an excuse to reject internet surveys.
  • Selection bias is disastrous for polls, but only sometimes a problem for correlations.
  • Professional scientists usually use Psych 101 students or put up a flyer in town to get participants, which can lead to selection bias.
  • Selection bias should be taken into account when conducting research, but it should not be used as an excuse to reject internet surveys.

Click HERE for original. Published December 27, 2022

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December 27, 2022 [Heather Cox Richardson, Letters From An American]

By Spencer Chen
In Heather Cox Richardson [Letters from an American]
December 27, 2022
214 views
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  • George Santos, newly elected Republican representative from New York’s Third District, has been accused of lying about his education, work experience, and heritage.
  • The Supreme Court upheld a stay to stop the ending of the Title 42 pandemic rule that prevents much migration into the U.S.
  • Two incoming Republican representatives have called out Santos, suggesting they are more interested in protecting the future of the party than its current incarnation.
  • The Biden administration has called for Congress to pass new legislation to address the broken immigration system.
  • Republicans opposed the dreamer provision and killed the deal, while a dramatic illustration of the attempt to politicize the migrant issue took place in Washington, D.C.

Click HERE for original. Published December 27, 2022

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The year in Popular Information [Judd Legum, Tesnim Zekeria, Rebecca Crosby, Popular Information]

By Spencer Chen
In [Popular Information]
December 26, 2022
249 views
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  • Accountability for right-wing billionaire Charles Koch.
  • Document obtained by Popular Information cited in class action lawsuit against DeSantis.
  • Breaking the news about Disney’s support of the politicians behind “Don’t Say Gay.”
  • Fake environmental group ends six-figure ad campaign.
  • College Board parts ways with top executive pushing to limit instruction on race and history in classrooms.
  • Tinder and Match end donations to Republican Attorneys General.
  • Major cinema chain exposed for distributing discredited film about 2020 voter fraud.
  • Reporting on corporate donations to anti-LGBTQ lawmakers inspires action.
  • Top PR firm apologizes for telling companies to stay quiet on abortion rights.
  • Revealing Toyota’s hypocrisy on election deniers.
  • Holding DeSantis accountable for lying about math textbooks.
  • Exposing right-wing activists fighting to ban thousands of books.
  • Republican Attorneys General Association returns illegal contribution from anti-vax group.
  • Uncovering a purge of left-leaning tenured faculty by a former Koch Industries executive.
  • Pulling back the curtain on Wells Fargo’s corporate PAC.

Click HERE for original. Published December 26, 2022

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Repost: I will never get to go to Hong Kong [Noah Smith, Noahpinion]

By Spencer Chen
In Noah Smith [Noahpinion]
December 26, 2022
204 views
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  • Noah Smith recounts his experience visiting Hong Kong during the height of the protests in October 2019.
  • He and his friend, BB, attended a peaceful protest in a small urban park and witnessed a tense standoff between protesters and police.
  • The next day, they found themselves in Salisbury Garden, surrounded by thousands of protesters, and witnessed a fight between protesters and police.
  • They then moved to Nathan Road, where they heard the protest song “Glory to Hong Kong” for the first time.
  • Noah realized that the protesters were fighting for national self-determination, but that Hong Kong would make a tiny country and had no chance for independence.
  • He observed the steady Chinese pressure that had led to a loss of economic opportunity and sky-high rents, fueling the anger of the protesters.
  • He and BB experienced tear gas and witnessed protesters beating a man they said was a “Chinese spy.”
  • They eventually escaped the protest zone and returned to their hotel.
  • Noah ends the story with a warning to China that the culture of Hong Kong lives on in the minds of a generation of Hong Kongers, and the more they integrate Hong Kong into China, the more pieces of that culture will have a chance to spread.

Click HERE for original. Published December 26, 2022

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December 26, 2022 [Heather Cox Richardson, Letters From An American]

By Spencer Chen
In Heather Cox Richardson [Letters from an American]
December 26, 2022
205 views
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  • On December 26, 1862, the U.S. government hanged 38 Santee men in the largest mass execution in American history, due to their actions in Minnesota’s Dakota War.
  • The war was caused by the U.S. government’s failure to provide the food promised to the Santees by treaty, and settlers’ fury at the Santees’ attempt to reclaim their land.
  • President Abraham Lincoln refused to sign off on the executions of 303 Santees convicted by a military tribunal, pardoning 265 of them, but the 38 convicted of murder or rape against civilians were hanged.
  • The aftermath of the hangings led to the development of the Lieber Code, which set out rules for wartime, and the Hague Conventions of the turn of the century.

Click HERE for original. Published December 26, 2022

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