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Why did checking accounts surge during the pandemic?

1 year 6 months ago
Here's a nerdy puzzle for you. See if you can figure out the answer before I tell you. "Checkable" deposits represent money you can get your hands on quickly—like a checking account—as opposed to things like CDs, which you can access only when they mature. Here are checkable deposits per household: During the pandemic, what ...continue reading "Why did checking accounts surge during the pandemic?"
Kevin Drum

Working at home produces both better and worse software engineers

1 year 6 months ago
Yegor Denisov-Blanch, a researcher at Stanford University, says that 10% of all software engineers are "ghosts" who basically do nothing. This is based on data he's collected on 50,000 engineers at hundreds of companies. But the number varies with work arrangement. Only 6% of engineers who work at the office do nothing, compared to 14% ...continue reading "Working at home produces both better and worse software engineers"
Kevin Drum