It's true that a sufficiently high UBI could serve as an alternative to a $15 minimum wage, but I personally would prefer a combo of both plus a 4-day 32-hour week. Let's pay people more for work, support all unpaid work, and distribute employment and leisure time more equitably.

1/14 How do e-cigarettes (ECs) affect cigarette smoking among youth? My new paper with @FloeFoxon simulates each scenario and finds out which one best matches actual trends... https://t.co/dBB7kcnTls @jgitchell @mikepesko @SwitchFinder @jkelovuori @TobPolicy @Clive_Bates

2/14 First, let's talk about why this question is so difficult to answer: COUNTERFACTUALS. We can't know the alternate-reality answers, like which smokers would have never started in a world without ECs, and which nonsmokers would now be smoking without ECs as an option.

3/14 So, the best we can do is use fancy/sophisticated methodologies to estimate what would have happened to youth smoking rates in the absence of ECs. In our case, simulation modeling

4/14 First, we look at the declining smoking trends *that were already happening* before ECs came (~2010), and project them into the present. This is our BASE-CASE SCENARIO about what smoking trends would be if ECs were never invented. Actual trends were LOWER than this base-case

5/14 Side note about terminology: We use the term “catalyst” instead of “gateway,” because “catalyst” is more precise about the claim we are modeling (that ECs are used first, and then causally lead to smoking). Whereas "gateway" can include other mechanisms like renormalization.

It's funny how so many people who claim to worship "democracy" also dismiss nationalism as selfish xenophobia. Democracy is absolutely meaningless without strong national sovereignty. Under globalism, citizens of any given state have little influence over how they are governed.

Nationalism isn't just mindless tribalism. People are correct to insist their government has a responsibility TO THEM that vastly outweighs any imagined responsibility to foreign governments they have absolutely no influence over, or foreign populations.

We've seen that point taken to absurd extremes by the Left during the Trump administration, with whack-job judges ruling that foreigners have rights that EXCEED those of American citizens, including absolute rights to enter the U.S. and influence its government.

And we're frequently told that some international elite "consensus" completely overrides our ability to make individual decisions - or even to petition our own government, or vote for representatives who disagree with whatever "the world" has supposedly decided.

All of that is the absolute negation of "democracy" in any form, including the dangerous mob rule and majoritarianism that the Left selectively advocates. (Notice they always have a list of things nobody gets to vote on anymore, no matter how strong the majority vote would be.)

What did failure and going broke teach me?
Here are some of the top few things I learnt.
1. You rarely learn things overnight.Honestly I learnt things over a period of time.I failed 6 years back and today I feel,yes I have learnt a few things.There is no hurry. No exam happening

2. MOST IMPORTANTLY. Failure isn't the end and it's ok to fail. It is not your desired state of affairs but it won't end. Learn to pick up the pieces and try for another day. As Scarelett O'Hara "After all Tomorrow is another day"

3. Don't romanticise failure. It is not something you want people to go through. While it's important to remind people, world won't end, don't make it look like its some romantic notion that every successful person should go through. It isn't

4. It's absolutely fine not to be able to talk about your failure. There is no greatness in speaking about it. I do, cause I came out of it.And yet it took me time. I know how much I struggled to deal with the blow. How ashamed I felt of letting all down. It's part of the process

5. Go for therapy. If you a start up person, reach out to people. Today's start up world is different. People help each other. Reach out. There is a world out there willing to help you. There will be people who will shun you (but you will find more of them when you successful)

When it's railroading time, you get railroads.

When the railroads turn into the personal satrapies of rail-barons, you get trustbusters.

A couple decades ago, it was online service time. We had the users, the telcoms systems, the computers, the modems, so we got platforms.

1/

We had that, but we lacked something important: effective antimonopoly enforcement. Lax merger laws allowed companies with access to capital markets to buy out or neutralize all their competitors, so we got monopolies.

Right on schedule, we're getting digital trustbusters.

2/

Now, some people aren't technically sophisticated, but they do understand a lot about competition law. That's how you get meat-and-taters antitrust proposals like @amyklobuchar's #CALERA, which address the structural problems with antitrust

Klobuchar's bill is hugely important. The reason we have monopolies is that we stopped enforcing anti-monopoly law 40 years ago. Monopoly isn't a tech problem, it's everywhere from sneakers to glass bottles to pro wrestling to candy to

Klobuchar's CALERA doesn't just seek to apply antitrust law to tech - it also explicitly restores the pre-Reagan basis for fighting monopolies: we fight monopolies because they concentrate power and corrupt our politics. All monopolies are guilty unless proven otherwise.

5/