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These relationship/income/employment figures causally due to GLP-1s are absolutely enormous - almost implausibly so - but this is from Rebecca, who is an incredibly careful researcher. Super super interesting. (And yes, we'll all be on low-dose 3rd gen GLP-1s soon...)
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Rebecca Diamond
@rebeccardiamond
GLP1s for weight loss impact lives beyond health. My new paper shows single women’s marriage/cohabitation rates rise 29pp, employment among nonemployed women rises 27 percentage points after 1.5+ years. Link to paper below:
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David Watson 🥑
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The relationship result makes sense to me given that weight is the single most common deal breaker criterion for guys. What is the mechanism for employment? No longer too difficult/ painful to stand at a job all day? No longer getting discriminated against by hiring managers?
I wonder, how much of this holds in general equilibrium? Surely not all of it, but I'd guess some of it does
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People remember him for his leadership of the Federal Reserve, but the commission he chaired to reform Social Security in the early 1980s saved the United States a great deal of trouble compared with many European countries. People do not realize it because it worked, and
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Financial Times
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Breaking news: Alan Greenspan, the US Federal Reserve chair who dominated global markets in the late 20th century only to see his legacy tarnished by the financial crash, has died at the age of 100. ft.trib.al/gbN48e6
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GLP-1 increases marriage, which will boost fertility and cancel out the effect of iPhone. This in turn will raise population, so minimum wage will have negative effect on employment again.
The first chapter of "Abundance" is basically "this is an elite persuasion program to increase the housing supply".
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Malcolm Harris
@BigMeanInternet
Replying to @BigMeanInternet and @JHWeissmann
Insofar as it's an elite persuasion program on housing supply, I think it's been successful and can work as part of a DSA city agenda. Insofar as it's a program to convince the public that data centers and AI are fine and to let capitalist planning rip, it has been a failure.