The big thing about Manhattan isn’t that its built in a grid, but that the shopping/offices/living are all mixed together. People are coming and going all day long. A lot of suburbs are like deserts.
Are you going to cite anything about knife crime not being a problem in the UK?
How do you explain much lower homicide rates in different US states, many on par or better than "every other first wolrd country?
If you drill down deeper, by county level, or even more granular - the picture becomes much clearer still. You should research it, see what variables drive it, instead of arriving at conclusions without any data.
Why do such discrepancies exist, sometimes literally across the street?
The problem is much more complicated than "guns bad".
Which states and developed countries are you talking about? The EU28 homicide rate is ~1 per 100,000. NH sometimes hits that; no other US state does. There are about 6 US states <= to 2. The only EU states over 2 are Lithuania, Latvia and Estonia. Japan and South Korea are both under 1.
Is that US price with or without any insurance? Most countries negotiate a lower price with the drug companies the same way insurance companies do. I don’t see how Canadians negotiating a lower group price is worse then Americans paying someone to do that.
It's the average sale price of the drug in the US. So, mostly with insurance (~90% of Americans are covered).
(The study was done by HHS and was focused on Medicare, which sets prices based on a weighted average of market sales price, including negotiated discounts by insurers.)
sure, but how much of what you think is product placement actually is, and how much of it is just things being used in their natural context because it would be weird put something fake there.
This isn't what a bubble looks like. Service workers aren't asking if they should by bitcoin or some random tech stock in 1998. In 1998, I remember tech stocks regularly going up percents per day. Or cable TV shows in 2007 about flipping houses. There's a lack of general mania.
Are thing's overpriced? Maybe, but we've gotten to used to saying everything's a bubble.
Not sure what bubble original commenter was referring, but would you not agree that the past couple years' hysteria over AI and ML suggests that the tech sector, at least, is experiencing a bubble? I don't think it'll be an extremely dangerous bubble because most of the cash being thrown at these startups is out of the pockets of risky VC funds rather than your Lehmann Brothers savings account, but it's still a bubble.
This is all fine, and bubbles do pop. But look at the DJIA, nearly every point looking back looks like a bubble. So if bubbles pop do they drop to zero? Or can we say that while the highs we see today may drop compared to where they are now, that we have continued to move the average in the right direction?
My second point is, it is also hard to tell if you are not in a bubble, and you won't know until retroactively you see why.
The only sector that doesn't seem to be doing well right now is the agricultural sector but it's only 1.3% of employment compared to like 30% in 1929, so I'm not too concerned, the stock market seems grossly overvalued - this does concern me.
You really should plot it on a log scale when you look back. And the Dow is interesting because it's been around so long, but it's a really bad index. It's cost-weighted, probably the most naïve way to weight an index.
