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Richard

@folkparanoia

Competition Economist in the UK public sector

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31.08.2023
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Latest posts by Richard @folkparanoia

A long-distance Katyn

04.03.2026 14:00 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Has everybody forgotten Operation Prosperity Guardian?

We've already established that the US Navy is incapable of keeping sea lanes open, even against a far less capable enemy.

03.03.2026 19:13 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

CMA: "The chair of the competition watchdog’s cloud inquiry has quit, saying he is frustrated at the slow pace of action against Microsoft and Amazon, while also citing concerns about its wider independence" www.themorningintelligence.uk/cma-cloud-in...

03.03.2026 09:32 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
Preview
Pop album release days linked to spike in US fatal crashes : What do Taylor Swift and Drake's release days have to do with road deaths? More than you’d think

Couldn't find a public version of the full paper, sadly

This article has some more details and findings, including that the rise in fatalities is higher for cars with Apple Carplay, showing that these features encourage greater phone use and driver distraction

www.theregister.com/2026/02/23/p...

27.02.2026 16:33 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Preview
Smartphones, Online Music Streaming, and Traffic Fatalities Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...

On days when major new albums release in the US, music streaming increases by 40% and road deaths by 15%. Indicates that phone use and distraction are behind lots of road deaths

Paper uses an event study design and controls for lots of fixed effects to isolate the impact

www.nber.org/papers/w34866

27.02.2026 16:30 πŸ‘ 1 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

The Conservatives really didn't campaign at all - it's hardly fertile ground for them, but seems to border on "unofficial pact" behaviour

27.02.2026 12:11 πŸ‘ 3 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

Hawaii?

24.02.2026 02:41 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Account is fully AI

Account is fully AI

21.02.2026 09:40 πŸ‘ 1 πŸ” 0 πŸ’¬ 2 πŸ“Œ 1
Q: Could I follow up, Mr. Secretary, on what you just said, please? In regard to Iraq weapons of mass destruction and terrorists, is there any evidence to indicate that Iraq has attempted to or is willing to supply terrorists with weapons of mass destruction? Because there are reports that there is no evidence of a direct link between Baghdad and some of these terrorist organizations.

Rumsfeld: Reports that say that something hasn't happened are always interesting to me, because as we know, there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns -- the ones we don't know we don't know. And if one looks throughout the history of our country and other free countries, it is the latter category that tend to be the difficult ones.

Q: Could I follow up, Mr. Secretary, on what you just said, please? In regard to Iraq weapons of mass destruction and terrorists, is there any evidence to indicate that Iraq has attempted to or is willing to supply terrorists with weapons of mass destruction? Because there are reports that there is no evidence of a direct link between Baghdad and some of these terrorist organizations. Rumsfeld: Reports that say that something hasn't happened are always interesting to me, because as we know, there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns -- the ones we don't know we don't know. And if one looks throughout the history of our country and other free countries, it is the latter category that tend to be the difficult ones.

As an answer to the very clear and direct question he was asked though, it kinda sucks.

20.02.2026 23:26 πŸ‘ 26 πŸ” 0 πŸ’¬ 1 πŸ“Œ 1

So many hospitals are hostile to pedestrians, with the sites accessed from dangerous main roads, and then an ocean of parking with uncontrolled crossings.

Smoking is completely banned from hospital sites, in a recognition they shouldn't be unhealthy places. They should widen that thinking.

19.02.2026 11:50 πŸ‘ 1 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

The people in the west miss that the whole dark forest thing is actually about living in China during the cultural revolution, and nothing to do with actual aliens

18.02.2026 21:29 πŸ‘ 5 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

It's time to end the disastrous Westphalian experiment

18.02.2026 14:01 πŸ‘ 2 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

The polling evidence he posted in the image shows the opposite! It shows the public reject both bathroom bills and preventing K-12 social transitioning, but he chose in his post to display them all the same way.

17.02.2026 21:06 πŸ‘ 4 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

One of my most highly prized possessions, in pride of place on my laptop.

08.02.2026 23:39 πŸ‘ 2 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0

I did initially think that it seemed quite harsh.

05.02.2026 22:04 πŸ‘ 8 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Yep, footpaths and bike paths too.

www.theguardian.com/commentisfre...

03.02.2026 09:06 πŸ‘ 1 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

Also true! My read of Marx and the Labour Theory of Value is that he wasn't actually very convinced by it, he was just showing that his theory (particularly around surplus value) still holds even if you assume the LToV to be true.

01.02.2026 17:15 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Yep, Marx was actually a thoroughly orthodox economist of his time in terms of his methodology and theory. His big idea was applying it to history, sociology, political science, etc.

The most successful economics imperialist to ever live.

01.02.2026 16:10 πŸ‘ 4 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

In Industrial Organisation there's conjectural variations - almost entirely replaced by game theory and Nash equilibria for theory, but still handy for empiricists as the single conduct parameter is convenient to estimate.

15.01.2026 19:19 πŸ‘ 10 πŸ” 0 πŸ’¬ 2 πŸ“Œ 0

Europa Specificalis

12.01.2026 11:57 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Horrendous display of pavement parking too, along with the anti-pedestrian barrier.

12.01.2026 11:09 πŸ‘ 2 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

The person in the screenshot seems to be angry that there aren't any black people in the video, denying them the opportunity to make that complaint

09.01.2026 17:08 πŸ‘ 5 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

Yep, this is it. Low productivity workers are likely to be in less secure employment, so they lose their jobs first and no longer gets counted in productivity stats. Increasing productivity doesn't actually imply that anyone got more productive.

08.01.2026 15:45 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

And then Google gets a substantial share of the money that has been scammed out of their users

06.01.2026 07:44 πŸ‘ 2 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Galaxy brain: Google is the worst website

06.01.2026 07:42 πŸ‘ 2 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

All of the positive spillovers from transport to surrounding businesses and landowners still exist under the "European" model. It seems to me the question is whether it's better to have the cross-subsidisation occuring within a single business or via public policy.

05.01.2026 11:07 πŸ‘ 0 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

It's not as simple as: more irradiated workers = cheaper reactors.

Cutting costs in nuclear means more delays and costs (eg the years of replacing faulty welds in Flamanville), and to increased maintenance costs and unreliability (eg in 2022 over half of France's reactors suddenly closed for a year

15.12.2025 10:29 πŸ‘ 0 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

They work for the FBI in the 90s, everyone is a Republican

13.12.2025 12:42 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

I had a work management training course which had a slide dedicated to a diagram of L Ron Hubbard's model of the reactive and analytical minds. I think the trainer had just googled up a bunch of random diagrams and put them on slides.

09.12.2025 11:19 πŸ‘ 1 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

Immigration judges aren't real judges - they're employees of executive branch agencies who dress up like judges to make their adminstrative decisions sound more legitimate.

07.12.2025 09:48 πŸ‘ 3 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0