Henry Taylor retweetledi
Henry Taylor
8.9K posts

Henry Taylor
@henryctaylor
Head of Melbourne & Head of Digital for @edelmanaust. Before that, grew audiences, content, Switzerland's average annual cheese consumption, and more @wef
Melbourne, Australia Katılım Nisan 2009
2.3K Takip Edilen1.9K Takipçiler
Henry Taylor retweetledi

"A naturally gifted broadcaster, he was a reassuringly authoritative presence who never pushed his own personality into the foreground, even though he felt deeply about the fate of the Ukrainian people."
You can read @Telegraph's beautiful obituary here:
telegraph.co.uk/obituaries/202…


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Henry Taylor retweetledi
Henry Taylor retweetledi
Henry Taylor retweetledi

This video from @NorwichCityFC is the best bit of Mental Health Awareness I’ve ever seen… watch until the end.
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Henry Taylor retweetledi
Henry Taylor retweetledi

The adoption of cellphones by Keralan fishermen is, I believe, the most stunning example of the contribution of information technology to market performance.
Take a look at this graph for background: in three different regions of Kerala, phones were adopted at different times.
Kozhikode got cellphones before Kannur, who got them before Kasaragod. Adoption by fishermen was fast when phones were finally introduced:
Now look at what happened to the price of fish after phones entered the scene:
The dispersion in prices virtually disappeared! The author of the study wrote about this that:
"Before any region had mobile phones, the degree of price dispersion across markets within a region on any given day is high, and there are many cases where the price is zero (i.e., waste). However, within a few weeks of mobile phones being introduced in Region I, there is a sharp and striking reduction in price dispersion. Prices across markets in the region rarely differ by more than a few rupees per kilogram on any day, compared to cases of as much as 10 Rs/kg prior to the introduction of mobile phones. In addition, the prices in the various markets rise and fall together and the week-to-week variability within each market is much smaller, since catchment zone-specific quantity shocks are now spread across markets via arbitrage. Further, there are no cases of waste in this region after phones are introduced.
"By contrast, price behavior in regions II and III appears largely unchanged after phones are introduced in region I. However, after mobile phones are introduced in region II, prices again become much less dispersed across markets on any given day, less variable within markets over time, and waste is ultimately eliminated, whereas region III again remains unchanged. Finally, the same pattern holds once region III adds phones."
Efficient information transmission enables efficient markets. It's amazing what technology can do.
Read the study here: jstor.org/stable/25098864



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Henry Taylor retweetledi
Henry Taylor retweetledi
Henry Taylor retweetledi
Henry Taylor retweetledi

Good thread on search purpose and differing expectations around discovery v validation
Robert McNees@mcnees
Let me explain one reason why this is a potentially serious problem. First, you should know that when I search google from an incognito window it gives me the right answer: just shy of 14 billion years, the current scientific consensus among cosmologists and astronomers.
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Henry Taylor retweetledi
Henry Taylor retweetledi
Henry Taylor retweetledi

@mcdermott @Charliemagne I drink, and probably always will, but increasingly less and less. When I’m doing a dry period it becomes clear how often we are conditioned to drink
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@Charliemagne @henryctaylor No, I drink water. Or a Pellegrino if I’m feeling like a fancy bitch.
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Mocktails, alcohol-free beer, 0% wine (awful) and 0% spirits (also awful) - all predicated on the idea that people wanting to avoid or reduce alcohol intake want to have drinks with the taste, smell, branding, and cost of...alcohol. Have a diet coke ffs
John McDermott@mcdermott
Mocktails are a dumb, embarrassing attempt to recreate the drinking experience for people who are supposedly alcohol-free but still obsessed with drinking culture.
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Henry Taylor retweetledi

@georg_schmitt We used to have a very complex and little-understood way of describing this. I think it was something like “part-time”
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