Political economy, Russia, ext. Also pictures of cats. Recovering historian doing financial engineering for the public sector the Center For Public Enterprise and still sometimes missing academia. https://www.hup.harvard.edu/books/9780674240995
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I really want to see the legal rationale/justification for blowing up some randos on a boat in the Caribbean. While I know the USA (sadly) has a long history of doing similar things, it doesn't make it right. We cease to even have ideals when we no longer question living up to them.
The dirty little secret is there has been zero American casualties and thus the public doesn’t care and won’t punish Trump politically
My partner in crime at CPE @cthelala.bsky.social interned under him.
He had a great Econ team under him. Charlie Anderson is amazing.
Low key good senator
That is why I am the leading proponent of shmabudance, a policy agenda that is substantively identical to left-abundance but without the weird parasocial baggage that people attach to it.
I was told by Le’Elbridge strategy cheese Colbyjack that we needed to save all our munitions to deter China…or something
pritzker should send the illinois guard to austin to harass everyone going into the comedy mothership
My papers arguing that the "Abundance Movement" needs broadening to include place-based jobs policies for distressed places are being released today, with a long paper at the Upjohn Institute & a shorter summary at Brookings Metro.
The media in 2024: “Does Joe Biden have the Parkinson’s?” The media in 2025: “How dare you insinuate that Donald Trump is an old man with health problems instead of a virile, manly man?! Have you no decency?!”
I am not that old.
Why am I humming Swan Lake?
it remains incredibly funny to me that people keep trying to combine Abundance with popularism when the reality is that local control went out of its way to kill Abundance
That’s right
US factory construction continues steadily declining as CHIPS & IRA projects either complete or cancel—in official data released today, overall US manufacturing construction activity is down 7% compared to last year & electronics/electrical manufacturing construction is down 14%
"process knowledge" is a unique way of putting it--i usually hear this discussed in terms of hausmann's "communities of engineering practice"--but however you slice it it's one of the best arguments for reindustrializing/rebalancing america open.substack.com/pub/programm...
in other words, by rebalancing america's economy towards a larger manufacturing share, we're not just shifting around slices of the same zero-sum pie--we're actually increasing overall economic growth (tariffs are dumb but capital controls aren't) www.liberalcurrents.com/neon-liberal...
Brains!!!!
At 2pm tomorrow President Donald John Trump will announce the signing of an Executive Order requiring that JD Vance be buried with him but "not in the box, under it." It will not specify whether Vance will be put down first, which will cause a schism in the ranks but either way he'll be buried.
It is genuinely hilarious that if you search bluesky for "stroke" right now half of it is about Trump and half of it is gay porn
He has completed the process of transferring his soul to a phylactery and has thus become a lich, so that even as his body swiftly decays into dust (well...goo) he can remain president, eventually possessing JD Vance's body by expelling his soul and destroying his mind.
He’s gonna do the tiger fight
What happened now?
He’s obsessed with wind. Ultimate NIMBY.
Until otherwise proven.
Positive and toxic masculinity at once.
So much gender in that anime but also somehow it’s ok.
The anti Eva. Stop being depressed and do the revolution.
The problem with declaring a national housing emergency is the things that would actually address said emergency…overriding exclusionary zoning restrictions, targeting transaction frictions, and importing lots of immigrant labor and cheap building materials…are all anathema to the party base.
Maybe more chute boxe was.
Anderson Silva was doing anifa praxis is all I’m saying.
Hidden text of this strain of Trumpism grantland.com/one-hundred-...
Big fiscal broke all elite brains
What's really going on is that the press corpse got their preferred candidate.
Tbf I’m less worried about dentists eating shit than I am traditional bond funds getting in on it.
This won’t end well
Post tiger fight
It me
More so when I lived there as far as I hear now.
Chuck’s thing has always to crash random bbqs and parties and eat food. It’s one of his more endearing qualities.
"And during this weekend’s trip to China — Mr. Modi’s first in seven years — he is expected to have a receptive audience for stronger and expanded ties with Beijing and Moscow." A+ strategic work by Trump's ego. www.nytimes.com/2025/08/30/u...
we have so much more in common than what divides us with our friends in asia
Nahh that’s a body double. Let’s see him sprint. Only way to tell.
Cause it’s funny
Ok now I believe it a bit
Only proof of life I’ll accept
Gotta fight a tiger to prove it’s him. I don’t make the rules.
Gotta force Tapper eat shit
If we post hard enough we can get them to drag him out to prove he’s alive. I believe in us.
Even if he’s fine we should feed the discourse to drag him down.
Nothing unusual. MEU deployment cycle.
SB 79, out of appropriations! Survive and advance!
Tell me this isn’t Trumpism www.sciencedirect.com/science/arti...
Anyone do a US as neopatrimonial economy argument yet?
National Command Authority:
Musk was trans all along would be something
It shouldn’t be the military’s job to do basic civic services but it stands to reason that we need a cool looking uniform and recruitment campaign to for doing basic civic services.
Happy Liberation from Liberation Day, to all who celebrate (altho the Supreme Court majority may just adopt the Federal Court of Appeals' dissent opinion re: legality of IEEPA tariffs, which is basically "emergency = unlimited POTUS tariff authority") storage.courtlistener.com/recap/gov.us...
this is one of the president's' closest advisors. the mainstream media refuses to reckon with this so substitutes in a fictional sanewashed trump and fictional west wing in which loomer doesn't participate in their stories. telling the truth would not help trump so they don't do it
The City of Atlanta is opening its first municipal grocery store today. The city is spending $3.5 million in partnership with a neighborhood grocery chain in an effort to eliminate a downtown food desert. www.wsbtv.com/news/local/a...
The OAH is documenting the experiences of federal workers affected by Trump’s purge. Let anyone interested in sharing their story know about it 🗃️ www.fecohp.org
Never watched it
I’ve thought it would be cute to do a screening at the conference
www.imdb.com/title/tt042691 The portrayal of my former subfield
I have heard an argument that due to contingent decisions made in various unrelated contexts it’s just harder to get plug ins to work as seamlessly as in other countries. Any thoughts?
Internet poisoning. We’ll see if the entire world is really vibes.
Margin Call for I banking
Formally had to run chow tests at the range of points that were likely given what I already understood from the archives.
Coming back to the BP algo, I eventually used the result but to make it tell you anything I applied a very qualitative historian’s intuition.
Coming back a bit to Hayek he responded to Mydral with the computational black box but it doesn’t work. The computer always has a user.
@alexwilliams.bsky.social and @dsquareddigest.bsky.social are both getting at this with the cybernetics and signal processing metaphor but mine is a forecast always assumes an underlying distribution and when we’re shifting from one underlying model TS forecasting is useless.
That was how Mydral absolutely bodied that entire research paradigm. It also kind of puts away the market failure positions because it’s not that the computer is broken. It’s just being asked to run a model by the user that isn’t appropriate and presenting unstable results.
This has deep implications for how we talk about lots of economic theory because it turns out that Hayek’s project of finding a movement of capital stock over time that is consistent with Wicksellian monetary theory can only be determined as an optimal path ex post rather than ex ante.
I’m using this example because I once used a Bai Perron algo to try to fit breaks to a TS with very few data points and I could never get a stable result. Turns out that the algo can’t solve without a certain threshold of data points because of the samples you take for A B testing.
Playing with a shower idea of a way to explain the implications. If we accept the market as big computer metaphor, the computer is quite good at running say a regression model and defining the best fit. What it is not great at is identifying a structural break in a series with very little data.
Also if we’re going to Keynes this is the classic beauty contest.
Thanks for the heads up. Fixing it!
The market can stay irrational longer than you can stay liquid.
Public financing of Tx offers significant savings for ratepayers! In this research note, @buddyyakov.bsky.social & I argue replacing equity in IOU capital stacks won’t harm utility credit ratings. Rather, using cheaper debt will preserve IOU rate-basing capacity. publicenterprise.org/report/resea...
so okay! first piece out from me at Common Wealth "Beyond Bidenomics: On what is living and what is dead in economic policy" the argument is that progressives should take credit for the successful parts of the pandemic policy response and build the next Thing www.common-wealth.org/perspectives...
BIG BALLS HAD IT COMING would make a tremendous protest sign for labor day no kings
Trump’s presidency is asking us to accept the simple fact that there are things that are different from and worse than neo/liberalism and it’s strange to me that this isn’t obvious to everyone on the left
I think I saw something like this in an actual parody of black metal where the have to issue statements disavowing ever more absurdly niche and convoluted extreme right group that their new drummer is involved with.
"Satanic neonazi transnational sextortion network" sounds like a bad bit if you were just told about it.
if past revolutions are instructive at all, the public should be actively appealing to the conscious national guardsmen who are out doing degrading and demoralizing work for a dictator. you want them to have a moral dilemma when they are ultimately asked to kill protestors.
What?
In one of the videos on the suspected Minnesota school shooter's YouTube account, he wrote "I'm a bassoon" in Russian (If you know Russian, you know what he was actually trying to say)
I cannot imagine how much this guy is going to get laid
"if like 1-2% of the American public are misogynistic left-leaning swing voters, this is an almost entire explanation for the last three Presidential elections" is an uncomfortable truth
Imagine if the president fighting to degrade higher education in America, illegally freezing allocated funds in extortion threats to install political commissars overseeing public and private universities, was increasing funding for higher ed instead. Take that, libs. Bet you feel stupid now.
The secret to the anti-liberal leftists might be that they kind of like Trump and want him to pioneer a fully autocratic presidency that a progressive can someday seize and deploy.
As the USG begins taking stakes in U.S. companies, I’d like to revive the white paper I wrote five years ago with @buddyyakov.bsky.social on how to build a “mutualist” economy. If the left is ever allowed back into power, Trump’s precedents may help realize that vision: berggruen.org/news/the-mut...
I think full employment broke a lot of brains.
Some of it is because they hate themselves and think he’s some kind of natural voice of the real people that they are not.
I’m torn between how ridiculous the edit is and how maybe this is the least bad use for all this.
Yeah but then you technically have exposure to IRS since you have to file personally. I guess you could make it like h and r block but then you still have the legal liability. CA has to promise to prevent feds from arresting you.
I’m not sure that would work since you have to send federal taxes to the IRS and theoretically they go into the TGA at the Fed. I think that there was a custodian bank program there to make sure a huge TGA didn’t screw up the Fed balance sheet but I’m not really sure of its status.
well well well www.the-downballot.com/p/iowa-democ...
By far my favorite demand