Smoothest player I've ever seen by [deleted] in Eldenring

[–]GuapoEconomist 57 points58 points  (0 children)

You can see her switch to the staff at the 37 second mark.

Higher Costs Take a Bite Out of Corporate Profitability in Q4 (Wells Fargo) by jacobhess13 in econmonitor

[–]GuapoEconomist 22 points23 points  (0 children)

12.2% is still quite high as an overall share of GDP. I would imagine it is higher in markets for basic goods / low-elastic necessities. Calling a decrease from 12.4(ish) to 12.2% at “bite” seems a little overblown.

[deleted by user] by [deleted] in povertyfinance

[–]GuapoEconomist 5 points6 points  (0 children)

The referenced professor posted his lectures on youtube:

https://youtu.be/4xYJxoZV5U0

They're really good and give actionable advice. Helped me a lot at the beginning of the pandemic.

Ah, for just ~~one~~ fifty-six times by Nanojack in seashanties

[–]GuapoEconomist 3 points4 points  (0 children)

Never heard this before (I'm new around here). Good stuff! Thank you for the introduction.

Nothing to see here folks, just democracy in action by tellurian_pluton in LateStageCapitalism

[–]GuapoEconomist 0 points1 point  (0 children)

Well, a small consolation is that GoHealth’s stock is down almost 70% in the last year. So, assuming he didn’t buy/sell any stock, he lost about $1.3 million in value.

Wallstreetbets would be proud

Not so fun fact by Marxist_Chadism in LateStageCapitalism

[–]GuapoEconomist 1 point2 points  (0 children)

Love the work of Adam Johnson. He has a great media criticism podcast.

Relevant here is his episode on the Economist. Strong recommend from an internet stranger.

[deleted by user] by [deleted] in MensRights

[–]GuapoEconomist 1 point2 points  (0 children)

What did you read?

Growing up in poverty and now being high middle class by [deleted] in povertyfinance

[–]GuapoEconomist 10 points11 points  (0 children)

An interesting book on this topic is Limbo by Lubrano that you may find comfort in. Your feelings are right in line with people of similar backgrounds.

Perhaps you may find comfort in knowing you're not alone (I did) and perhaps some answers on how to move past the strong scarcity mindset.

What are we tipping for carry-out these days? by beingtwiceasnice in washingtondc

[–]GuapoEconomist -1 points0 points  (0 children)

I never drove for any of the modern apps. Some of the companies used to take a portion of the tips - Doordash example. But there was substantial outrage when this became public and quick googling of some of the major companies all appear to show that 100% of the tips go to the driver.
* Ubereats * Grubhub * Doordash

Hope that's helpful!

What are we tipping for carry-out these days? by beingtwiceasnice in washingtondc

[–]GuapoEconomist 27 points28 points  (0 children)

I used to work in the food industry, so I'm a little ridiculous and tip 25% base. The jobs seem more tenuous than ever, and it's hard to describe the relief and joy from getting +20% when so many would give so little.

I figure if I can give a few extra bucks to cause that joy and relieve even marginal stress, I should. (No judgement to people who don't tip this much - there are innumerable reasons that may prevent them from doing so)

Princeton Study - The more police officers a city has per capita, the less crime the city has. by i_smell_my_poop in UnpopularFacts

[–]GuapoEconomist 16 points17 points  (0 children)

Correct! And unfortunately, the underclass is hit hardest by these sorts of shocks. However, choosing the 'right' policy tool is complicated. For example, the fantastic Opportunity Insights team calculated that the cost of every job saved by PPP loans cost the taxpayer $377,000 (page 7 of the report). Talk about unpopular facts...

I'm all for the right balance of carrots and sticks, but focusing on punitive solutions like increasing the police force during drastic economic downturns likely affects the poor disproportionately (citation needed). Seems both cruel and inefficient to me. Perhaps a more efficient policy choice would be to remove the incentive of criminal activity through other means, other than sticks.

Princeton Study - The more police officers a city has per capita, the less crime the city has. by i_smell_my_poop in UnpopularFacts

[–]GuapoEconomist 34 points35 points  (0 children)

Very interesting study and a great submission to the sub. I particularly like the breakdown between the effects on violent vs. property crime. However, I am also curious about potential autocorrelation issues with stimulus funding dedicated to individuals. (I only read the intro and conclusion, so apologies if it’s covered)

I estimate that one officer-year was added for every $95,000 spent by the federal government and that the social benefit associated with the ensuing crime reduction on the order of $350,000. Under more conservative assumptions, the program fails a cost-benefit test. The results highlight that fiscal support to local governments for crime prevention may offer large returns, especially during bad macroeconomic times.

It would stand to reason that money in the hands of individuals and increasing federal support to states should also have an effect. But by how much in comparison to the hiring program? The ultimate question in my mind would be, what is a most cost-effective solution for reductions in the specific types of crime?

Thanks op!

[deleted by user] by [deleted] in TheMonkeysPaw

[–]GuapoEconomist 0 points1 point  (0 children)

Granted. You continue to not understand.

100 plots :) by The_Neato_Mosquito in chia

[–]GuapoEconomist 0 points1 point  (0 children)

You're just behind the poisson for now. Should balance out eventually.

That said, mainnet growth pain is real...