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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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
There’s some interesting work in sociology on obesity income penalty. Can’t see the full rn so I can’t speak to effect size but weight discrimination is particularly bad against women looking 4 work. And needless to say it affects marriageability alot.
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I dont think these are causal estimates, or at least there is strong endogeneity
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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
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.