PWV Portfolio Feed

When Winter Storm Uri hit Texas in February 2021, freezing temperatures, still wind, and cloud cover converged into one of the most severe power crises in U.S. history. It was a stark reminder to energy markets that weather can move billions. 

Frequent forecasters/ modelers: please join.

that's a good argument for it, though i lean toward the idea that governments can & should be run competently, bureaucratic dysfunction is often caused by people attacking/defunding the government, and i'd rather try to make services work rather than working around them

(i also have some negative feelings about ubi because it's often proposed by people who are opposed to govt services, believing that it can replace the safety net with private companies that take your ubi dollars and give you firefighters or whatever)

also, though he's just on the board and probably didn't directly tinker with experimental design, one of the two UBI trials covered in this paper was funded by mr. sam altman who you may be familiar with

this paper treats the potential to reduce hours worked as a tragedy but maybe we will measure "how much people actually want to work" and discover that it is fewer than 40hrs/week

i have never cared about universal basic income because it seems like a bait & switch in which billionaires gesture toward it as the solution to the problems they're creating and then once we need it, they realize, oh no, it's impractical and can't pass the senate