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Baumol effect – Wikipedia

Baumol effect – Wikipedia

🚀 Read this awesome post from Hacker News 📖 📂 Category: 📌 Here’s what you’ll learn: Rise of salaries in jobs that have seen little rise of productivity As the Baumol effect predicts, between 1998 and 2018 services became more expensive while many manufactured goods became cheaper. Note the modest increase in average wages in the middle. In economics, the Baumol effect, also known as Baumol's cost disease, first described by William J. Baumol and William G. Bowen in the 1960s, is the tendency for wages in jobs that have experienced little or no increase in labor productivity to rise…
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Bluey’s Quest for the Gold Pen: After some mistakes, we finally get our first good Bluey video game | games

Bluey’s Quest for the Gold Pen: After some mistakes, we finally get our first good Bluey video game | games

🔥 Explore this insightful post from Culture | The Guardian 📖 📂 Category: Games,Culture,Bluey,Television & radio,Australian Broadcasting Corporation ✅ Main takeaway: forLowe embodies the talent, heart and character of Australia's creative industries. But unfortunately, so far, the video games of the beloved series have had a better track record than their friend Chloe the Dalmatian.Some parents have been treated to Budge Studios' 2023 mobile game Bluey: Let's Play! Cautiously, with its $9.99 monthly subscription and constant ads for other licensed Budge games. Later that same year, Artax Games' Bluey: The Videogame was widely criticized upon release due to its only…
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AI and the ironies of automation

✨ Explore this trending post from Hacker News 📖 📂 Category: ✅ Here’s what you’ll learn: In the previous post, we discussed several observations, Lisanne Bainbridge made in her much-noticed paper “The ironies of automation”, she published in 1983 and what they mean for the current “white-collar” work automation attempts leveraging LLMs and AI agents based on LLMs, still requiring humans in the loop. We stopped at the end of the first chapter, “Introduction”, of the paper. In this post, we will continue with the second chapter, “Approaches to solutions”, and see what we can learn there. Comparing apples and…
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Bah hungry! Our theater critic enjoys immersive feasts inspired by Charles Dickens and The Nutcracker | stage

Bah hungry! Our theater critic enjoys immersive feasts inspired by Charles Dickens and The Nutcracker | stage

✨ Read this trending post from Culture | The Guardian 📖 📂 Category: Theatre,Stage,Culture,Christmas shows,Food,Christmas food and drink,Immersive theatre,Cabaret 💡 Main takeaway: IIn west London, a line of smartly dressed theatergoers on a street corner enter a building and step back in time. We passed through narrow corridors lit by lamps and came to a cavernous hall, where tables were set and lanterns hung above. This is Charles Dickens' parlor, where he has just finished writing A Christmas Carol, and it's time for dinner.The Guardian's journalism is independent. We will earn a commission if you purchase something through an affiliate…
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Best Bike Gear for Your Quick Winter Commute (2025)

Best Bike Gear for Your Quick Winter Commute (2025)

🚀 Explore this awesome post from WIRED 📖 📂 Category: Gear,Gear / Buying Guides,Gear / Products / Outdoor,Gear / Products / Health and Fitness,Buying Guide 📌 Main takeaway: Frequently asked questionsWe asked Joshua Hill, managing director of commuter bike specialist Quella, to answer all our questions about how to winterize your bike and keep it running smoothly all year round.How can cyclists remain visible to drivers without turning into a rolling Christmas tree?It's not just the amount of lights that matters. Placement also makes a big difference. Bright front and rear lights are essential – ideally one solid and the…
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Linux Sandboxes And Fil-C

💥 Check out this insightful post from Hacker News 📖 📂 Category: 💡 Key idea: Memory safety and sandboxing are two different things. It's reasonable to think of them as orthogonal: you could have memory safety but not be sandboxed, or you could be sandboxed but not memory safe. Example of memory safe but not sandboxed: a pure Java program that opens files on the filesystem for reading and writing and accepts filenames from the user. The OS will allow this program to overwrite any file that the user has access to. This program can be quite dangerous even if…
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‘Suddenly, It Was Everywhere’: Why Some Books Become Popular Overnight | books

‘Suddenly, It Was Everywhere’: Why Some Books Become Popular Overnight | books

✨ Read this insightful post from Culture | The Guardian 📖 📂 Category: Books,Social trends,Fiction,Fiction in translation,Marketing & PR,Booksellers,Culture,TikTok,Instagram,Social media,Society,Media 💡 Here’s what you’ll learn: THere is a certain kind of literary déjà vu that sometimes strikes. Seemingly out of nowhere, the same book starts popping up across multiple social media feeds. On the bus, you'll discover two versions of the same title in one day. A friend says: “Have you read this yet?” and you reply: “Someone was just telling me about it the other day.”These are sleeper strikes that seem to materialize without warning. It's not stacked high…
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Samsung Galaxy XR review: It needs more polish

Samsung Galaxy XR review: It needs more polish

🔥 Check out this insightful post from WIRED 📖 📂 Category: Gear,Gear / Reviews,Gear / Products / Augmented and Virtual Reality,Product Review ✅ Key idea: It was mine The new Apple Vision Pro and Samsung Galaxy XR headphones running the M5 have been sitting on my desk for several weeks. These are expensive and sophisticated pieces of hardware. The Apple version is $3499! Samsung's headset costs nearly half that amount, and is still a pretty penny at $1,800. Mustering the energy to wear it has been a task.You can watch movies, play immersive games, and get some work done using…
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Compiler Engineering in Practice – Part 1: What is a Compiler?

🔥 Explore this must-read post from Hacker News 📖 📂 Category: ✅ Key idea: “Compiler Engineering in Practice” is a blog series intended to pass on wisdom that seemingly every seasoned compiler developer knows, but is not systematically written down in any textbook or online resource. Some (but not much) prior experience with compilers is needed. What is a compiler? The first and most important question is “what is a compiler?”. In short, a compiler is: a translator that translates between two different languages, where those languages represent a description of a computation, and the behavior of the computation in…
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I’m not going to make one of these TV Christmas recipes; I’m just here to meditate TV and radio

I’m not going to make one of these TV Christmas recipes; I’m just here to meditate TV and radio

🚀 Explore this must-read post from Culture | The Guardian 📖 📂 Category: Television & radio,Food,Television,Culture,Christmas,Christmas food and drink,Chefs 💡 Main takeaway: IIf the run up to Christmas seems a bit chaotic, there's always a cozy corner of the TV schedule where nothing but wonderful, cheerful and cheerful things happen. By that I mean the cooking channels, which are currently being completely rebooted. Nigel Slater's 12 Tastes of Christmas, anyone? That episode of Fanny Craddock at Christmas when she folds ground beef into an omelette? I challenge anyone to watch my favorite movie, 2017's Nigella sativa: At My Table, a…
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