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America’s Enormous Math Mistake’s Mistake

The Big Picture

@TBPInvictus here; Let’s cut to the chase : A popular video on YouTube claims the poor are much less poor than the official statistics suggest because those statistics ignore government welfare programs like Food Stamps and Aid to Dependant Children and lots of other safety net programs. ” Was this ignorance? Sheer stupidity?

Math 246
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Dollars Are For Spending & Investing, Not Saving

The Big Picture

That comp gets deposited directly into my bank account, and that money is available for purchasing necessities (food, housing, clothing, medicine, transportation, etc.) Whether it’s a few decades or a century, the math works the same. to buy that dollar of 1999 food. and paying taxes. Back to our colorful chart at top.

Investing 338
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Personal finance links: inevitable course corrections

Abnormal Returns

(awealthofcommonsense.com) Home buying math is bad right now, but will it be any better a year from now? awealthofcommonsense.com) Ten tips for a better life including 'Give up fast food/prepared meals.' bloomberg.com) Personal finance Things to do before pulling the plug on your job and retiring. moneytalks101.substack.com)

Math 200
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Saturday links: groundwater depletion

Abnormal Returns

wsj.com) The math doesn't work: why air passengers can't carry on all their bags. bmj.com) Food Doing effective nutrition studies is challenging. thecooldown.com) How your body processes spicy food. (theverge.com) Behavior Why you should strike up conversations with strangers. vox.com) How exercise can help treat depression.

Food 216
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Saturday links: useless things

Abnormal Returns

grist.org) Hybrids Doing the math on a hybrid vs. conventional ICE. npr.org) The FDA has approved Xolair to treat severe food allergies. npr.org) Food Plastics came to farms and isn't leaving any time soon. newatlas.com) Food waste is a big problem. EVs Mercedes Benz is pushing out the date it will go full EV.

Food 179
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Saturday links: universal testing

Abnormal Returns

technologyreview.com) Math The decimal point is 150 years older than you think. nytimes.com) Food The Melting Pot fondue restaurant chain is having a moment. (wsj.com) What do you get with a $600 a night hotel room? marginalrevolution.com) Broadband 5G is increasingly competitive with broadband.

Medicine 252
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10 Friday AM Reads

The Big Picture

Wall Street Journal ) • From Math Camp to Handcuffs: FTX’s Downfall Was an Arc of Brotherhood and Betrayal : Gary Wang and Sam Bankman-Fried are offering dueling accounts of the FTX fiasco and of who’s ultimately to blame. A flair for comfort food is understandably a requisite skill for any chef working in this environment. (

Math 281