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Cake day: September 17th, 2023

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  • Wait, does centrism ever win an election? Thinking back on both Republican and Democrat victories, it seems catering to the moderates of the other side to try and win them over never works.

    Yes, centrist candidates tend to perform well in two-party systems. However, in systems with open primaries and/or two-round systems, centrist candidates can struggle to reach the final round. Indeed, US politics became much more polarized after the introduction of open primaries.


  • Yes, that is strange indeed, especially since we know that during the last time the Democrats had a large majority in Congress and the presidency they racked up a string of major reforms, including turning the worst health care system in the developed world by a large margin into the worst health care system in the developed world by a smaller margin, and nothing else really.








  • China has higher per capita CO2 emissions than Europe, despite a lower per capita economic output. While there has been significant investment in renewable energy recently, there is still a large amount of coal power and China has been slow to phase out fossil fuels.

    In terms of income inequality by Gini coefficient, China is estimated to be in the higher 30s, substantially worse than Canada, Australia, Japan and almost every European country. China has a minimum income guarantee (unlike the USA for example), but it is very low by European standards. In terms of the number of US$ billionaires, China ranks second globally behind the US, though in terms of billionaires as share of the population does not rank as high.


  • Okay, but the profit margins of takeaway food and drinks really aren’t that high. Commercial real estate is expensive, the logistics are much less efficient than supermarkets, and it’s labour-intensive as well. There is no conspiracy to rip off ordinary folks, especially considering it’s pretty easy to enter the food retail market.

    In fact, takeaway is actually quite affordable in the US compared to rich European countries. The Big Max Index, for example, is about 40% higher in Norway and Switzerland.