How much will Stadia cost? | 5 reasons Google is pricing it at $9.99/mo
Google announced it its StadiaConnect that the Stadia will cost $9.99/mo (Founder's Edition $129). Here are 5 reasons why Google decided to go with that price, including an explanation for how Google will use Stadia to train Deepmind projects like AlphaStar.
If you have ever wondered why countries are poor, you should study development economics. It is the best field of economics and aims to make people's lives better.
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Lego bricks are incredibly popular, and especially so in our family. But for Christmas we discovered we had received some knock-off products. And one of the knock-offs is illegal!
The video discusses issues around the economics of intellectual property, including patents and copyright and a little on how China protects intellectual property. We talk about the economics of Avengers Lego sets and Pokemon Mega Construx.
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MrBeast and Mark Rober came together to start #TeamTrees and plant 20,000,000 trees by 2020. The ending was miraculous. I look at the data to see how they did it.
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#TeamTrees
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A common critique of cryptocurrencies like Bitcoin is that they are used to buy drugs. But crypto enthusiasts respond that most drug deals use dollar bills. And evidence shows that 90% of dollar bills carry traces of cocaine. In this video, I test the claim.
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This video used a clip from Bitcoin Rap Battle: Hamilton vs. Satoshi. Watch the full video here:
https://www.youtube.com/watch?v=JaMJi1_1tkA
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Economic history teaches us macroeconomics better than a macro class. If you want to learn economics, start with economic history. #economics
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Papers Cited:
No Irish Need Deny: Evidence for the Historicity of NINA Restrictions in Advertisements and Signs
Journal of Social History, Volume 49, Issue 4, Summer 2016, Pages 829–854 Rebecca A. Fried
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Can markets help us predict whether Trump or Biden will win the election in November? In this video, I explain how presidential bidding markets help us understand who is favored to win the presidency.
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We cover the history of American women in the work force, including labor supply, substitution and income effects, World War II, and discrimination against women.
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We saw the first 3G iPhone 11 years ago, and at the same time we saw a large increase in emergency department visits for kids under five years old. Are these two events connected? We can use economics to understand. #SocialDilemma
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Just like today 5G is available only in a few locations, when the iPhone first came out 11 years ago 3G was available in only a few locations. For example, Cupertino had 3G before Salinas just 50 miles away. Over the next 11 years, the network expanded, changing the way people adopted the iPhone. We can use the spread of 3G as an Apple event study to see if injuries change when 3G arrives. In peer-reviewed research published in the Journal of Public Economics, I showed that the iPhone distracted parents, causing more children to be injured. Instead of giving a first look to their kids, they just looked at the phone. Injuries increased at playgrounds, and even poisonings! It was a steep price to pay for smartphones, and the question is whether the cost was worth the benefit. So the real danger of 5G is having a more distracting device in your hands that causes you to ignore your children.
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