Elections

Is an incapacitated Joe Biden still better than the alternative; why politicians lying to people can be dangerous; the diminishing returns to AI (implications for investors); gig workers meet unintended consequences; and Fahrenheit 451 down under.

Tasmanians will go to the polls tomorrow but it’s looking like it’ll be more of the same; I ask whether you should you fly on a Boeing; why Xi Jinping’s leadership meant Evergrande was inevitable; and what’s going on across the ditch.

Here are a few short takes for you to chew over on the weekend, from the week’s happenings that probably didn’t need a full post. 1. Stepped on by stamp duty # Move over income tax, because the always-interesting folks at the e61 Institute released a note this week looking at another highly inefficient tax: stamp duty. According to the authors, it now costs the average city dweller five months of after-tax income just to move house. And yes, our old friend bracket creep is largely responsible: