Categories
Music

2022 in Music

collage of 16 top played albums from 2022, including albums by Islands, Tame Impala, Ladytron, Fleet Foxes, Dent May, and Nine Inch Nails
Top played albums of 2022 per Tapmusic (Artists top row l-to-r: Tame Impala, OK Go, Islands, Nine Inch Nails; second row l-to-r: Islands, Abney Park, CRX, Fleet Foxes; third row l-to-r: Islands, The Bird and The Bee, Brave Shores, Dent May; bottom row l-to-r: Goldfrapp, So Below, Gaspard Auge, Ladytron)

What I Listened To

  • 4508 unique tracks
  • 1800 artists
  • 2905 albums
Categories
Finances Political Commentary

The old classic, lying with statistics

Replied to Exaggerating China’s military spending, St. Louis Fed breaks all statistical rules with misleading graph (geopoliticaleconomy.com)

The Federal Reserve Bank of St. Louis published a jaw-droppingly misleading graph that portrays China as spending more on its military than the US. In reality, the Pentagon’s budget is roughly three times larger.

In an accompanying report, the St. Louis Fed admitted that China’s 2021 defense spending was just 1.7% of GDP, “which was the lowest share among the six nations in the figure”.

Yay! I love Actual Propaganda! With a good ol dose of racist fearmongering 🙃

My Biostatistics teacher in college devoted our entire first lecture to discussing ways you could lie with data, so we would be better able to recognize it — and hopefully, not do it.

If we acknowledged how much we waste on bloated military spending, we would have to come to grips with our spending priorities. We would have to acknowledge what we don’t buy with that money. Some of that money could help stop children from going hungry, or keep diabetic people (who aren’t on Medicaid) from dying for lack of affordable medicine 🤷‍♀️ (To name some real problems in the US that shouldn’t be controversial yet somehow are.)

A much more accurate graphic created by the Peter G. Peterson Foundation shows how, as of 2022, the United States spent more on its military than the next nine largest spenders combined – including China, India, the UK, Russia, France, Germany, Saudi Arabia, Japan, and South Korea (and several of these countries are close US allies).

Some of what our $$$$$$$ military spending buys is impressive: a rapid response force that can be wheels up in under 18 hours (the logistics of that alone are mind-blowing), a sophisticated anti-tank weapon that still beats out everything anyone else has and is making a huge impact in Ukraine, and development of GPS.

Preserving self-governance in Ukraine A+++++++ But mayyyyybe we could spare some of the $850 billion we’re spending on the military this year to care directly for people?

Categories
Society

Article pairing: wealth disparity

WHY THE SUPER RICH ARE INEVITABLE by Alvin Chang | January 2023

Why do super rich people exist in a society?

 

Many of us assume it’s because some people make better financial decisions. But what if this isn’t true? What if the economy – our economy – is designed to create a few super rich people?

 

That’s what mathematicians argue in something called the Yard-sale model…

+

Who Benefits from Income and Wealth Growth in the United States? by Blanchet et al

Realtime Inequality provides the first timely statistics on how economic growth is distributed across groups. When new growth numbers come out each quarter, we show how each income and wealth group benefits.

 

Controlling for price inflation, average national income per adult in the United States decreased at an annualized rate of -2% in the third quarter of 2022, and average income for the bottom 50% shrunk by -2.4%.

Categories
Meta Personal Growth Resources and Reference

Template spreadsheet for tracking reading diversity

Bookmarked Introducing the 2023 Reading Log! (bookriot.com)

The 2023 reading log is here! It can help you track your reading stats and generate infographics to help you achieve your reading goals.

👀 This could be handy for tracking my reading.

Categories
Writing

Book industry insights from Penguin Random House merger trial

Pareto principle in action! When that’s your revenue stream probably doesn’t make sense to offer all access as a service 🤔

If that applies industry-wide, shocking that only 20% of authors earn out their advance considering many advances are pretty small!

😎💪

Categories
History

Watched Moneyball

Watched Moneyball from m.imdb.com

Oakland A's general manager Billy Beane's successful attempt to assemble a baseball team on a lean budget by employing computer-generated analysis to acquire new players.

I find it ironic I lived in the Bay Area during this time period and am so tuned out of sports don’t recall even hearing about it.

It’s surprising that statistics wasn’t a big part of baseball until 2002! Of course, this approach works for a “poor” team only until the rich teams start doing it, then theoretically players aren’t undervalued and affordable.

Some of the trading scenes were hard to follow.