Three Interesting Things #2
- Democracies perform better than autocracies on economic growth, despite what autocratic governments will lead you to believe:
Autocracies overstate yearly GDP growth by as much as 35% when checked with more objective nighttime lights activity.
— Florian Ederer (@florianederer) April 20, 2022
Democracies have a much better economic track record once GDP figures are adjusted for manipulation. https://t.co/qb6QkR3oMp pic.twitter.com/jOCPBqWdXp
- “We find that losing an early joiner has a large negative effect on firm size that persists for at least ten years.”
NBER - Early Joiners and Startup Performance
- “(…)by 2020 cage-free eggs became much more dominant, representing the majority of eggs produced (in the UK, the EU, Australia)