Tim Cameron retweeted
Gambling is one thing I’ve flipped on as I got older. I used to laugh off the critics and think of gambling as “a tax on those who can’t do math” but I’ve come to think that’s cruel (and regressive) and paternalism is good here. This paper is another brick in that new wall.
Sports betting legalization reduces net investments of households by nearly 14% overall.
$1 of sports betting reduces net investment
by over $2, increases credit card debt, but has no effect on participation in lotteries or other online gambling
outlets.
papers.ssrn.com/sol3/papers.…
Tim Cameron retweeted
I put up a mini-site today at citydensity.com/ to help you compare the world’s cities. You can see how many people live near a city, or use my favourite metric: "population weighted density" to get an accurate measure of how dense a city is to live in.
Tim Cameron retweeted
When you hear NIMBYs complaining about shade in their backyard or having to park further down the street or the preservation of unremarkable suburban buildings, please weigh this against what the housing shortage is doing to renters.
Like Mat, from the Inner west:
Tim Cameron retweeted
🇦🇺 Crikey! The hidden fees report on Australian banks was so intriguing I thought I should ask the Aussie twitter to confirm that our team got the math and screenshots right? /1
Tim Cameron retweeted
“Community input,” where the 0.001% of the population who shows up to meetings gets to veto the actions of people elected by over half of it, is just voter suppression with extra steps.
Tim Cameron retweeted
Slovakian sees a video about American suburbs and posts questions to Reddit. The level of bafflement is hilarious and appropriate.
Tim Cameron retweeted
For poor nations, remittances are bigger than foreign investment & twice as big as foreign aid. Yet migrants still pay too much to transfer money to friends & family. It's time the big banks ended the confusopoly & implemented transparent pricing theaustralian.com.au/busines… #auspol
Tim Cameron retweeted
Transferwise, a fintech, no longer needs an intermediary bank to plug into Hungary's core payment plumbing. It just got a direct central bank connection.
Why doesn't every central bank allow this? Seems like a no-brainer.
Source: portfolio.hu/bank/20200916/h…
Tim Cameron retweeted
Interesting - bank embarrassed by obscure foreign exchange costs relative to disrupters like @TransferWise ... @Westpac ‘s Peter King cautious on Pacific after AUSTRAC afr.com/business/banking-and…
Tim Cameron retweeted
Making space for cyclists: Mayor of Paris proposes removing 60,000 parking spaces from city streets. That's how you do it, that's how you change a city. #Priorities forbes.com/sites/carltonreid…
Tim Cameron retweeted
➣ 650 million people live on less than $1.90 per day.
➣ 15,000 children die every day (4% of all children).
⬇ A thread on why I think it is a very good idea to donate some of your money to a charity that helps to make progress against big global problems like these.
Tim Cameron retweeted
Every winter, fresh snow reveals how much we’ve over-designed our streets & roads, & how much space we could reclaim for people & public life. We call them #sneckdowns. GIF via @fietsprofessor #sneckdown
Tim Cameron retweeted
1/ @TransferWise’s 2019 Q3 mission update to our 6 million customers:
How much closer did we get to money without borders, progress on:
- speed of transfers
- reducing fees
- more ways to save
- covering the globe
Highlights👇
Tim Cameron retweeted
My Dad found a Kindle.
No way to see owner's email.
Amazon support no help.
Owner had another device in her a/c.
He renamed the found device "Call XXX", and moved to "last position" of the book she was reading.
She saw prompt, "Would you like to resume from…?"
She called him ✅
Tim Cameron retweeted
Reminder Oz households spend twice as much on superannuation fees as we do on electricity xitter.cf/adam_creighton/status/…
Tim Cameron retweeted
1/ Today we shared the @TransferWise 2019 financial report with our now *6 million* current customers and everyone else, who is yet to switch over from their bank.
- profitable 3rd year running (£10m)
- revenue £179m, up 53%
- £1b in active balances
Thread👇
Tim Cameron retweeted
#ThoughtProvoking The biggest determinant of our life's quality is the lottery of where we are born👇
Diff b/w world's best & worst countries
Mortality 60x
LifeExpectncy 1.6x
Schooling 4x
Income 172x
> "Global Inequality of Opportunity" ourworldindata.org/global-in… via @MaxCRoser
Tim Cameron retweeted
It’s amazing we can get governments to force scooter companies to put speed limiters on a device that‘s killed fewer than ~ 25 people but not on devices that kill 40,000 each year.
Cities’ cowardice in face of car industry will be a part of the shame of our collective history.
