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Sam’s Hyperlinks: Vacation Version

by Index Investing News
December 14, 2025
in Economy
Reading Time: 11 mins read
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Sam works on innovation coverage at Progress Eire, an unbiased coverage suppose tank in Dublin, and runs a publication referred to as The Fitzwilliam. Most related to us, on his private weblog, he writes a well-liked hyperlink roundup; what follows is an abridged model of his Hyperlinks for November. 

Blogs and brief hyperlinks

1. Is Google search getting worse? The standard of proof round this is remarkably poor.

2. On the sport concept of $1 margarita night time. As this publish describes, it might be nice to have a standing social event each week on the identical time and place that might function my good friend group’s “workplace hours”. The changeability of plans makes me really feel that increasingly of my time is being spent on social coordination.

3. Relaxation in peace to Peter Temin. I loved his paper reviewing the financial system of the early Roman Empire. In some unspecified time in the future, we ought to be masking the economies of pre-industrial Europe in my studying group.

4. For Progress Eire, I just lately wrote about why extra lecturers don’t begin firms. I additionally gave an replace on our efforts to help Olympiad-level arithmetic in Eire, and turned on paid subscriptions for my weblog.

5. Local weather predictions have been comparatively correct.

6. Is AI going to supercharge NIMBYism? The preliminary hope with efforts like Tract was the alternative, and I’ve no prediction on how this stuff will shake out.

7. VAT cuts to create extra readers. Do I odor an arbitrage alternative within the paper market?1

8. The traditional knowledge in city economics is that minimal residence requirements for ground house and different issues of non-public desire are a horrible concept. The Irish authorities’s acknowledged discount in minimal residence requirements is now being delayed, or probably cancelled completely, due to a problem within the Excessive Courtroom. The courtroom in query is intimating that the European Union could must get entangled. Even in the event you suppose that modestly lowering minimal residence requirements is a foul concept, I’m baffled by the worldview by which democratically elected officers had the authority to introduce these laws within the first place, however to not modestly scale back them. Is that this anarchism with respect to the issue of political authority, however solely when modifications are within the route of much less regulation, slightly than extra? Is there even a worldview right here, or simply bitterness and cynicism?

9. One other thought: Have I been bizarre flag cones this whole time?

10. Stephen Webb on why Britain has too many lifeguards. I’m reminded of the Mitchell and Webb sketch about how a lot of an outrage it’s when a 12 months goes by and nil individuals drown in Britain:

I’m making an attempt to attract consideration to the large waste of public cash that’s led to a scenario in the place completely no one in a complete 12 months drowns accidentally. What that should imply by way of fencing, warning indicators, swimming classes, individuals coming into faculty to inform youngsters to watch out, life belts and the upkeep of waterside paths is simply staggering. There has clearly been an enormous overspend, as a result of in any conurbation of as much as half one million individuals reminiscent of Westchester that’s run with the right priorities, at the very least two or three individuals ought to drown yearly.

I’m conversant in the totally different methodologies for learn how to calculate the worth of a statistical life, however can anybody clarify to me (a) why totally different international locations, even at related ranges of growth, selected totally different strategies, and (b) whether or not the big divergence in these numbers has any sensible significance? (After you’re achieved with that, I’ve the identical confusion concerning the totally different methodologies for calculating social low cost charges.)

[E]very authorities has a price for a human life which determines the suitable stage of funding in, say, highway security measures. The UK is often on the decrease finish right here—at round £2.5m (say $3m) in comparison with over $12m within the US and about $4.5m within the EU.

Lastly, from my electronic mail inbox, I’ve been knowledgeable of the thriller of the Scottish lifeguards:

Certainly one of my minor obsessions is that plainly ‘lifeguard’ is an especially frequent teenage summer season job in Scotland however not wherever else within the UK. I do not know why.

Each time I converse to a Scottish particular person now I’ve to cease myself from asking “did you’re employed as a lifeguard as a youngster?”. However each time teenage jobs come up in dialog, >>65% of Scottish individuals I’ve met say they had been lifeguards, in comparison with <<5% of English or Welsh or (Northern) Irish individuals. I’m not randomly sampling, clearly, however that’s loopy.

The BBC even had a lesbian romance drama set in Helensburgh the place the entire premise is that ‘lifeguard’ is the default job you are taking while you’re simply in search of one thing to become profitable whereas dwelling together with your mother and father.

I don’t get it.


11.
The New Yorker has come out in opposition to non-commutative algebraic constructions.

 

Music and podcasts

1. Stevie Marvel, Innervisions. I had forgotten how excellent this album is. My favorite tracks are Don’t You Fear ‘Bout a Factor and Too Excessive. Apart from some backup vocals and minor synthesiser, Stevie Marvel performs each instrument on this album—completely insane. Right here is the related You’ll Hear It episode.

2. Podcast of the month: Dean Ball on how he wrote the AI Motion Plan. Is “How do you insert sane and clever technocrats to be largely left alone in administrations run by lunatics?” going to be the defining political query of the late 2020s?

3. Lauryn Hill, The Miseducation of Lauryn Hill. Realising I ought to weblog extra about genres aside from jazz and classical. I used to be prompted to re-listen to this after Apple Music declared it the biggest album of all time. Maybe my second favorite rapper after André 3000, though it has been some time since I’ve thought of such issues. My favorite monitor is To Zion, though it’s best to actually be listening to the entire album so as.

4. Hugh Mellor on Ramsey on fact. I by no means did get round to studying Fact and Chance, however that is of curiosity for 2 causes. First, I’ve heard philosophers declare that the Cheryl Misak biography utterly shoehorns Ramsey into the pragmatist custom, however I’ve not waded into this debate. Second is that, due to the breadth and depth of his thought, operating the teeny tiny convention on Frank Ramsey can be a dream.

5. The Marginal Revolutionaries on the Baumol impact. Right here is the unique e-book the place Baumol proposed the concept with William Bowen.

6. Ahmad Jamal Trio, The Awakening. Take note of how the power is totally different on Dolphin Dance in comparison with the Herbie Hancock unique (I’ve additionally been re-listening to that album, certainly one of my favourites). You in all probability recognise the lick round 0:40 from typically being sampled in hip hop.

7. Dan Wang and Stephen Kotkin speak about how historians work. This one works higher as a video podcast. You may hear extra about Kotkin’s time dwelling in Magnitogorsk on the Conversations with Tyler podcast, certainly one of my favorite podcast episodes of all time.

 

Papers

1. Matt Clancy, Easy methods to Speed up Technological Progress. One of many many (many!) issues I admire about Matt is that he permits his webpages to be downloaded as nicely-formatted PDFs. That is an outline of a number of the supplies on New Issues Beneath the Solar; essentially the most fascinating new ones I discovered about are evaluations on how lengthy it takes to go from science to expertise (reply: about 20 years), and how frequent unbiased discovery is. I assigned this paper as one of many core readings for an economics class I train on on the College of Edinburgh (lengthy story, I’ll publish about it quickly).

2. Varied, The Impression of Superior AI Methods on Democracy. I’ve now joined not one however two studying teams by which I’m the one one that just isn’t knowledgeable political scientist. From the lengthy writer checklist, I solely recognise Bruce Schneier and fellow Work together-er Saffron Huang.

Web page two evaluations a number of the literature on political biases in AI: they are saying LLMs are biased towards “progressive/libertarian” views (aren’t these typically opposites? What does this imply?) when introduced with a number of selection questions, however are politically impartial when they can reply freely. My sense is that it’s been tough to measure political bias beneath precise practical utilization situations.

I typically got here away with a fairly low opinion of Nature Views, or editorials related to Nature basically. One side of ‘faux rigour’ this paper excels in is that these 10 pages of comparatively imprecise and milquetoast opinions cite a whopping 141 sources (and I don’t get the impression the authors have really learn all of them). Can we truthfully say this was a larger contribution to human data than a considerate Substack publish by certainly one of them would have been?

Diving into these sources so that you don’t need to, footnote 9 is a pleasant reminder that I ought to weblog sooner or later about James Fishkin’s deliberate polling methodology within the context of whether or not we are able to ever get Northern Irish individuals to agree on something. Nan Ransohoff just lately had the misfortune of listening to me speak about this literature in additional element than she may have probably needed to clarify why my reply to her query of “What can different international locations be taught from what Eire has achieved properly in coverage?” was not “residents’ assemblies”.

In footnote 60, Hugo Mercier’s heterodox “argumentative concept of purpose” is cited as “proof” of the next declare:

Organizing large-scale in particular person occasions is expensive and time-consuming, and face-to-face debate could be vulnerable to social desirability biases, the place interlocutors are motivated by a want to win the argument, slightly than to achieve a mutually acceptable consequence.

Does the declare that folks typically wish to win arguments, slightly than come to a mutually agreeable consequence, actually need a quotation? Even when one way or the other the reply is sure, why would that quotation be one extraordinarily particular and extremely disputed speculation in cognitive science, that’s largely irrelevant to the declare as acknowledged in the principle textual content? (Sorry for being imply.)

This additionally jogged my memory that I’ve a ten,000-word absurdly bloated draft of a weblog responding to Mercier and Sperber’s argumentative concept of purpose, which I by no means completed on time to undergo the Astral Codex Ten e-book evaluate contest. It could or could not ever see the sunshine of day; if you wish to learn a replica and let me know whether or not it’s salvageable, you are able to do so right here.

This was the second time within the political science group that I used to be instinctively sympathetic with the concept of a paper, however annoyed with the sloppiness of the execution. One suspects that if I preserve coming throughout as so pedantic, they will kick me out.

 

Movies and video

1. Joshua Oppenheimer, The Act of Killing. This can be a documentary concerning the genocide of alleged communist sympathisers and ethnic Chinese language following the 1965 coup by which Suharto got here to energy in Indonesia. Provided that the governments for the reason that transition to democracy have nonetheless been sympathetic to Suharto, very minimal archives have been launched, and it’s unknown what number of had been killed, even to the closest million. To make this movie, Joshua Oppenheimer spent a number of years dwelling in Indonesia and studying to talk fluent Indonesian, for the needs of filming and partially befriending the perpetrators, who fortunately volunteered to reenact the executions.

I feel The Act of Killing is a superb achievement, and deserves its fame as probably the best documentary of all time. As somebody who has watched a good quantity of Ken Burns, that is in a very totally different league.

2. Lastly, from YouTube, we’ve got Bob James and Tame Impala on NPR Tiny Desk. I’ve additionally been watching footage from the Chinese language Cultural Revolution. Lastly, a speculative discuss: cosmological pure choice as conceptual infrastructure for AI alignment. That’s from the ODYSSEY convention, the second within the ILIAD collection of alignment occasions. Confusingly, the all-caps titles don’t appear to point an acronym, though some backronyms have been prompt (“Worldwide League of Clever Agent Deconfusion”). I’ll purchase dinner for the primary one that can give you a great AI security backronym for EPIC OF GILGAMESH.

 

You may learn the total model of Sam’s November hyperlinks right here. 

 


[1] Additionally a great time to be reminded that value-added tax creates much less pointless ache than gross sales tax.

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