Sam Bowman
@s8mb
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Editor at @WorksinProgMag and @StripePress.
London
Joined January 2007
Competition is capitalism's immune system. It weeds out waste, dysfunction and laziness, forcing companies to work in their customers' interest, and rewarding innovation. Most people agree that governments should try to actively promote it. But there is a very big problem: we
worksinprogress.co
Competition makes capitalism work. A new method for measuring it may be the holy grail of economic regulation.
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Competition is capitalism's immune system. It weeds out waste, dysfunction and laziness, forcing companies to work in their customers' interest, and rewarding innovation. Most people agree that governments should try to actively promote it. But there is a very big problem: we
worksinprogress.co
Competition makes capitalism work. A new method for measuring it may be the holy grail of economic regulation.
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Sometimes highly competitive markets have high concentration or high markups. Both of these can be a sign competition is working well! Competition authorities must not rely on flawed data. Luckily there is a new metric that looks at just what we need it to: Olley-Pakes.
Competition is capitalism's immune system. It weeds out waste, dysfunction and laziness, forcing companies to work in their customers' interest, and rewarding innovation. Most people agree that governments should try to actively promote it. But there is a very big problem: we
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It is cool that when @WorksInProgMag wants an illustration of a Parisian boulevard for an article on the economics of roads, it dedicates an entire page to a Monet plate
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This is such a puzzling mindset from people who presumably believe in competition generally. It’s good to have multiple groups working towards similar goals - it keeps everyone on their toes, allows different strategies and a broader coalition, and provides alternatives if one
@StuartJRitchie Doesn't this divide resources that could be focused on @SpeechUnion, who have been leading the way on this for several years?
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Today, we’re launching SPEAK. Every year, thousands of people in the UK are arrested for what they say online. We’re going to change that. 🎥
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The UK is a pretty scary place when it comes to free speech. Very hopeful that this new org can help reform our dreadful laws. I’ve donated £1,000 and become a member (because I couldn’t bear to give less than Sam Bowman). You should donate too!
Today, we’re launching SPEAK. Every year, thousands of people in the UK are arrested for what they say online. We’re going to change that. 🎥
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If you’re a fan of drinking coffee, consider buying a Fellow Aiden machine. I’m drinking what may be the best cup of coffee I’ve ever had from mine, and you can show an AI a photo of your bag of coffee and get it to make a brewing guide specific to it. Great for gadget lovers.
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Fantastic news. Great video and a great team behind this – I believe they have what it takes to dismantle the British anarcho-tyranny. I've just donated £1,000 and signed up to be a "Champion". I hope some of you will join me in supporting them.
Today, we’re launching SPEAK. Every year, thousands of people in the UK are arrested for what they say online. We’re going to change that. 🎥
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I would like to adapt Singapore's "Speak Good English" campaign to other cities with incomprehensible vernacular dialects, Toronto for example
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new from me: Defence procurement is broken – reports dating back to the 1970s point to MOD taking on too much technology risk and being overly optimistic on timeline and budget. We’re now at a critical stage. In a new report for @Britishprogress, I outline how to fix it. 🧵
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The OBR budget “leak” was irrelevant - all it did was deprive the Chancellor of some theatrics. But it gave a pretext for removing its chairman. And now these Labour MPs want to put a stooge in charge of it who will count extra disability benefit spending as “pro-growth”.
We now know that the 2010s were a lost decade for economic growth and productivity - characterised by low public and private investment. As my former @CommonsTreasury colleague says, our economic forecasts should properly count the benefits of spending and the damage of cuts.
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its the final day of stripe city. details on how we built it in the following posts > https://t.co/hRpW6C34oe
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Japanese quartz watches, from the likes of Seiko & Casio, were an extinction-level event for traditional Swiss watchmakers. But the Swiss struck back, building the simplest and most popular watches the world had ever seen. New at Works in Progress. https://t.co/yxfKqFq0ZZ
worksinprogress.co
Japanese quartz made watches accurate, lightweight, and thin. But Swiss mechanical watches fought back.
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Pretty remarkable when you consider how "scared of their own shadow" the nuclear industry has been in Britain. Not the time for soundbites but really feels like a new day is dawning.
New: Nuclear regulators and other industry groups wrote to Keir Starmer to urge the PM to adopt the recommendations of @JohnFingleton1 and his task force. In a letter not previously reported, watchdogs including the chair of the Office for Nuclear Regulation said they agreed 1/2
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Referring to a time zone centered on a different country as ‘Paris Mean Time’ is my France fact of the day.
Japanese quartz watches, from the likes of Seiko & Casio, were an extinction-level event for traditional Swiss watchmakers. But the Swiss struck back, building the simplest and most popular watches the world had ever seen. New at Works in Progress. https://t.co/yxfKqFq0ZZ
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Japanese quartz watches, from the likes of Seiko & Casio, were an extinction-level event for traditional Swiss watchmakers. But the Swiss struck back, building the simplest and most popular watches the world had ever seen. New at Works in Progress. https://t.co/yxfKqFq0ZZ
worksinprogress.co
Japanese quartz made watches accurate, lightweight, and thin. But Swiss mechanical watches fought back.
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Absolutely adore what @WorksInProgMag has done with their first print edition. Every article is excellent (especially, in my very biased opinion, the first one!) and elevated by the exceptional graphic design.
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Really cool. A dashboard to track the government's progress on its commitment to implement the Fingleton Review in full.
YESTERDAY the Prime Minister committed to implementing ALL the recommendations from the Nuclear Taskforce. TODAY you can track departments’ progress on implementing the PM’s priorities. https://t.co/HEueYkNTzn
@britishprogress is launching our Nuclear Taskforce Tracker – see
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