All posts tagged “italy

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Venice in numbers

Here are some interesting figures about Venice take from this recent FT article by Chris Allnutt: Tourist visits to Venice last year were estimated to be about 1/5 of what they usually are Short-term rental bookings as of December 2020 were down about 74% year-over-year… Read More

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Shutdown and restart

Very few of us have a mental model for the macro conditions that we are living through right now. We have been through economic downturns, but most of us haven’t lived through a pandemic. I am an optimist and I know that we will get… Read More

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Trade patterns in global cuisine

In 2017, the US restaurant industry generated about $560 billion in annual revenue. By comparison, the movie industry generates some $30 billion a year. Food, and eating out, is a big business. A recent paper by Joel Waldgogel of the University of Minnesota has tried… Read More

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Boom babies (of China)

A few years ago I wrote a post talking about “depression babies.” In it, I cited a research paper that looked at the impact of macroeconomic shocks on people’s willingness to take on financial risk in the future. The term “depression babies” stems from the… Read More