home.social
  1. The best thing you’ll read about the great $140,000 poverty debate, and the fallaciousness of reasoning endemic to the kind of people who get off on calling out other people’s fallacies. by #DanDavies backofmind.substack.com/p/ways

  2. i’m not a big front-end developer, but i’m working on a #scala #laminar front end and it blows my mind just a bit.

  3. “On our current trajectory, we might just get those jobs making tennis sneakers.”

    // an excellent piece on China, encouraging sane industrial policy in the US, by #DavidAutor and #GordonHanson

    // (good luck with that under the current administration)

    nytimes.com/2025/07/14/opinion

    ht #BradSetser, #GregIp

  4. “To save its insurance industry, Taiwan probably needs to intervene massively to keep its currency weak. To save its export industry from the threat of “reciprocal” tariffs, Taiwan likely need to step back from the foreign exchange market and let its currency appreciate.” #BradSetser ft.com/content/d71c34a0-4ded-4

  5. “The one thing that you should not be able to say about my work is that I am not telling you what I really think. That is the price of entry to the worthwhile part of the Ideas industry. We may be bastards, but we are not bullshitting you.” #HamiltonNolan hamiltonnolan.com/p/ideas-that ht @AliceMarshall

  6. “The phenomenon of induced demand is as real for transit as it is for highways: If you provide a more attractive service, more people will use it. If you cut service, riders will disappear.” #JonathanEnglish bloomberg.com/news/articles/20

  7. “nobody can be trusted with absolute power, least of all the demagogues who seek it. The one good thing Trump’s trade policies are achieving is to demonstrate this yet again. They are harbingers of chaos. The world’s challenge is to survive the folly. The US’s is to end it.” #MartinWolf ft.com/content/a3e6174c-25e9-4

  8. “it turns out that a statistical aggregate economic gain does not produce an increase in real world human well being if all of that statistical gain is captured by a single, tiny powerful interest group.” #HamiltonNolan hamiltonnolan.com/p/an-interna

  9. my alma mater was once as close to a utopian community of playful minds as has existed in this country.

    i am so sad and ashamed by what it has become, so angry at the moral pygmies so raucously undoing it.

    theguardian.com/us-news/2025/m

    ht @jennycohn

    #NewCollege

  10. “The reason you should care about this is not that it could happen to you but that it is already happening to others. It is happening to people who, we claim, have rights just because we are human. It is happening to me, personally.” #MashaGessen nytimes.com/2025/03/17/opinion

  11. under this definition, hasn't Congress — the most important branch of the Federal government — been under "competitive authoritarianism" for decades?

    see e.g. opensecrets.org/elections-over

    from #StevenLevitsky #LucanAhmendWay foreignaffairs.com/united-stat

    ht @williamcb.bsky.social @casmudde.bsky.social

  12. "While it appears that it has never been easier for anyone to freely share their opinions with the world, the apparatus that shapes the public’s thoughts and sentiments has never been in the hands of fewer men. (And yes, they are all men.)" #JohnGanz thenation.com/article/society/

  13. "The ultimate function of the entrepreneurial ethic was (and is) to reconcile workers to precarity." #BeccaRothfeld (@heideggirl?) reviewing #ErikBaker's "Make Your Own Job: How the Entrepreneurial Work Ethic Exhausted America" washingtonpost.com/books/2025/ ht @SteveRoth

  14. “(You may notice that straightforward ideas like ‘fire everyone in Democratic Party leadership positions automatically after a national election loss’ do not appear to be on the table.)” #HamiltonNolan hamiltonnolan.com/p/so-what-do ht @costrike

  15. On BlueSky, #DanDavies asked

    "ok then if we have a vibrant and intelligent EconSky community riddle me this: what would the microfoundations be for 'voters dislike inflation much more than they dislike unemployment, even in a rising real wage environment with strong asset values'? what preferences would make that true?"

    I posted the following thread in response. bsky.app/profile/dsquareddiges

  16. “Part of Trump’s genius is being bad in so many ways that no particular way stands out and it seems like he must not be that bad.” #ScottAlexander astralcodexten.com/p/acx-endor

  17. Tax cuts “are the political equivalent of someone chopping your house to pieces with an axe and then offering the remains back to you under a sign that says, ‘Free Firewood!’” #HamiltonNolan hamiltonnolan.com/p/why-republ

  18. The 8pm track projects the center of the eye coming right over the Sarasota/Bradenton Airport, maybe a mile from the Center of the Universe (Palm Court, #NewCollege).

    That's where we used to have our end of the world parties, when lesser storms showed up. The music still echoes, provoking ghost noise complaints from now evacuated neighbors.

  19. Milton's forecast track is within 10 miles of #NewCollege of Florida.

    By far the most wonderful place I ever lived, for the past two years vandals like Ron DeSantis and Chris Rufo have been dismantling the college at an institutional level.

    Maybe the algorithm doesn't like what they've done. Maybe it's helping them finish the job. Mysterious ways.

  20. “if China’s central government has fiscal space—and it uses that space in way that gives households the confidence to spend more—China might be able to recover from its property downturn on its own, without relying even more on exports.” #BradSetser cfr.org/blog/beijing-still-has

    #economics

  21. “As Milanovic dismissively concludes, neoclassical models of distribution related ‘to life on Earth about as much as the theories that astrobiologists have developed about life on Mars.’” @storracinta reviews #BrankoMilanovic dissentmagazine.org/article/in

  22. “we’ve taken on a model of argument in which data, regressions and modelling…are the standard of proof. And because of this, we’ve closed off all possible explanations…except those for which usable datasets can be found.” #DanDavies open.substack.com/pub/backofmi

  23. "[D]ivide most politicians into two broad categories: Enemies, and Cowards. [E]nemies are…opposed to your policy goals. [C]owards…agree with your…goals, but will sell you out…to protect their own interests. Embrace the idea that we are…pushing to elect…cowards, rather than…enemies. [T]he…work …is not to identify idealized superheroes to run for office [but] to create the conditions…that make it safe for the cowards to vote the right way." #HamiltonNolan hamiltonnolan.com/p/how-to-thi ht @ryanlcooper

  24. “Students at New College are becoming more and more isolated by various actions of the administration, including…new rules that prevent ‘unauthorized’ gatherings of 5 or more students.” ncffreedom.org/%5B-%5D-blog/f/

    // can this be for real?

    #NewCollege

  25. “The international ideological aspects of the decisions taken by the US and the European Union are seldom taken into account by the domestic decision-makers because the thinking about the rest of the world and development does not loom large for the politicians who deal with China, Russia, national security and the like. But the ideological development problem will not go away.” #BrankoMilanovic branko2f7.substack.com/p/the-t

  26. None of Trump’s corruption, #DavidFrench?

    Florida under #RonDeSantis is a cesspool of patronage, from Ben Sasse to Richard Corcoran and the people they hire to do minimal, mediocre work at exorbitant salaries.

    from nytimes.com/2024/09/08/opinion

  27. “[T]oo much attention in the 1950s was paid to Democrats trying not to appear soft on communism, and too little attention to Republicans accepting most of the acquis of the New Deal in return for safety of private property.” #BrankoMilanovic glineq.blogspot.com/2024/09/th

  28. “Predicting the future is almost impossible, but one of the few predictions that I feel very confident in is that, a century or so down the road, people will look at modern car-centric America with the same disgust that we feel when we hear about old timey cities without modern sewage systems, where everyone just dumped their chamber pots in the street.” #HamiltonNolan hamiltonnolan.com/p/cars-have-

  29. “at long last, regular folks are realizing again that it is totally feasible for them to work less, yet make the same amount of money or more.” #JonSchwarz theintercept.com/2023/09/03/fo ht @DeanBaker13 cc @dpp

  30. “I’m suspicious of government, but I’m even more suspicious of new tech that aims to serve a tiny number of private individuals. Believe it or not, it’s actually easier to change the President or political regime than replace Mark Zuckerberg at Meta. (I’m not exaggerating, he literally cannot be fired by the Board, or anyone else.)” #TedGioia honest-broker.com/p/10-reasons

  31. Perhaps the “Great Awokening” is ending after all, just not in the way anti-woke reactionaries like #RonDeSantis and #ChrisRufo had hoped.

    It has not, historically, been right-wing traditionalists who have owned a “mind your own damned business” ethos. Au contraire. It looks like the not-right-wing-traditionalists are taking it back now.

    Maybe we're also taking back incautious expression, telling it like we see it, chips fall where they may.

    See e.g. #AdamKotso itself.blog/2024/08/12/weird-c

  32. “When Boeing and McDonnell Douglas sought to merge in 1996, the Clinton White House pushed for the approval of what was a clearly anti-competitive merger apparently based on the belief that the United States needed a company large enough to compete effectively with Europe’s Airbus. At the risk of stating the obvious, Boeing has not benefited from those indulgences.” #TimWu nytimes.com/2024/08/13/opinion