Elsewhere on Wednesday,

-- Forecast fallacies, Tesla and base rates.

-- Liberal values and elitism.

-- The downside of surges of foreign investment.

-- The effects of immigration on wages, explained.

-- What’s up with Canoo’s deal with Hyundai?

-- When your cooking channel gives away your top secret hideaway.

-- Media’s oddest workplace.

-- The psychological risks of meditation.

-- Unstuffing banks with Fed deposits.