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#dandavies — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #dandavies, aggregated by 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. New York Times op-ed on the new #stablecoin law (the "GENIUS Act") by Dan Davies, the author of probably the best book about financial fraud you'll ever read ("Lying For Money"), hits a lot of the right notes.

    > "Stablecoins were supposed to leverage dollars to stabilize the chaotic universe of crypto. Instead, they seem set to infect the dollar-dominated financial system with the unique combined chaos of crypto and Mr. Trump."

    * NYT: nytimes.com/2025/05/23/opinion
    * no paywall: archive.ph/uiVIq

    #crypto #uspol #uspolitics #USD1 #GeniusAct #Trump #DanDavies

  3. 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

  4. “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

  5. CW: Long thread/21

    #WarrenBuffett pioneered the use of this term, and now it's all but mandatory for anyone launching a business or new product to explain where *their* moat will come from.

    As #DanDavies writes, these "moats" aren't really moats in the Buffett sense. With Coke and Disney, he says, a "moat" was "the fact that nobody else could make such a great product that everyone wanted." In other words, "making a good product," is a great moat:

    backofmind.substack.com/p/stuc

    21/