Dan Davies (@dsquareddigest.bsky.social) reply parent
I think this makes it even worse that the EHRC have decided to become so totally absent
Malcolm Sparrow in the streets, Stafford Beer in the sheets. Once I wrote about fraud and its detection; currently writing about the industrialisation of decision making in general
14,598 followers 581 following 11,930 posts
view profile on Bluesky Dan Davies (@dsquareddigest.bsky.social) reply parent
I think this makes it even worse that the EHRC have decided to become so totally absent
Lenore Palladino (@lenorepalladino.bsky.social) reposted
the juxtaposition reminded me of how much work there is to do to end shareholder primacy
Noah Berlatsky (@nberlat.bsky.social) reposted
I just think it's worth reiterating that this content free, vibes-based, know-nothing grievance based approach to election analysis was the thing Nate opposed in creating 538! Like, he has literally become the thing he started his career to oppose. It's amazing.
Dan Davies (@dsquareddigest.bsky.social) reply parent
It is annoying for me because I don't actually believe in Central Bank independence, and she makes the worst case against it possible
Dan Davies (@dsquareddigest.bsky.social) reply parent
She just very much thinks that everyone else should have shifted their own priorities in order to facilitate what she wanted to do, which is just not how an independent central banking system works
Dan Davies (@dsquareddigest.bsky.social) reply parent
I still maintain (while respecting Toby's view) that this was containable enough that it shouldn't have been a regulatory priority. The BoE sorted it out in a week - it's not their fault somebody had their career at stake
Dan Davies (@dsquareddigest.bsky.social) reply parent
Because it's interesting!
Dan Davies (@dsquareddigest.bsky.social) reply parent
(if everyone had done their very best and anticipated her every move, we might have ended up with a few base rate moves and considerable real damage)
Dan Davies (@dsquareddigest.bsky.social) reply parent
As I think we've discussed before, they might have been able to smooth out the deleveraging at the very long end, but there's not much they could have done to stop the moves at the five and two year points which were the real political toxin
Dan Davies (@dsquareddigest.bsky.social) reply parent
If she had only warned the BoE that she was about to deliver a seismic shock to the bond market it would all have worked
Dan Davies (@dsquareddigest.bsky.social)
Brilliant lads, we're getting roasted for not being normal about flags by the Northern Irish
Dan Davies (@dsquareddigest.bsky.social) reply parent
High or low voice? Could it have been the Communards or Bee Gees?
Dan Davies (@dsquareddigest.bsky.social) reply parent
Male or female singer?
Chris Hanretty (@chanret.bsky.social) reposted
I hope whichever BBC reporter asked this gets the Malcolm Tucker treatment
Dan Davies (@dsquareddigest.bsky.social)
Strangely this is American rather than British politics
Dan Davies (@dsquareddigest.bsky.social) reply parent
"just pick a wall and run into it really fast, if you end up on 7¾ they'll let you through the barriers don't worry"
Anand Menon (@anandmenon.bsky.social) reposted
The Government is doing its best at the moment to imply it has no problem with the ethnonationalism now rearing its ugly head. And I don't understand why. 1/5
Dan Davies (@dsquareddigest.bsky.social)
I'm seeing a lot of people on LinkedIn and local Facebook who are feeling really distressed and upset because they feel like the flag graffiti is aimed at intimidating them (despite in many cases being proud British citizens with normal fondness for the flag). This isn't just Discourse.
Dan Davies (@dsquareddigest.bsky.social)
"social media" is doing this? According to LBC??? the absolute bloody neck of it
Dan Davies (@dsquareddigest.bsky.social) reply parent
"I like Arsenal Football Club but that doesn't mean I want to see it spray painted on a bus shelter"
Dan Davies (@dsquareddigest.bsky.social) reply parent
I just want to know who I should be contacting to collect my shakedown money for not trying to make this a thing. (L'Oréal probably)
Rob Palk (@robpalk.bsky.social) reposted
Starmer inviting photographers to see the flag and pitbull he bought to impress the median voter, but oh no, the pitbull has pooed all over the flag and run away, and as Starmer runs to catch it his trousers have fallen down, and hes spilled thick white glue onto his crotch then fallen onto the flag
Dan Davies (@dsquareddigest.bsky.social) reply parent
Gingerface?
Re-elect Sister Smudge for Secretary-Treasurer (@left-sharkey.bsky.social) reposted
🎶 your own personal Smithers 🎶
Dan Davies (@dsquareddigest.bsky.social) reply parent
(in any case, although it's possible to make a case that "the FPC should have intervened much earlier to require a much more cautious investment policy on behalf of pension funds", this is self evidently not an argument available to a libertarian deregulatory Prime Minister!)
Dan Davies (@dsquareddigest.bsky.social) reply parent
... will be arrested by monetary intervention rather than allowed to spiral. The LDI corner case seems to me like a great example of a risk that should be dealt with in this way rather than making everyone hold capital against the possibility that someone will kick over the institutional framework.
Dan Davies (@dsquareddigest.bsky.social) reply parent
... Because (imo this is the great unlearned lesson of the failure with Northern Rock) the point of a financial stability mandate being given to the Central Bank rather than an independent regulator is that the financial system can work on the expectation that self-fulfilling liquidity crises...
Dan Davies (@dsquareddigest.bsky.social) reply parent
... But they didn't have adequate capital levels for an extreme tail risk of an absolutely bizarre budget. Should they have? Or is it more reasonable to say that this is the sort of risk which the Central Bank can deal with ex post by intervention, like it did? I think the second...
Dan Davies (@dsquareddigest.bsky.social)
I will take the opportunity to resurrect an old debate with @tobyn.bsky.social over pension regulation. Which is simply to say that not every possible risk should be regulated out of existence! Pension funds had perfectly adequate capital levels for the pension related risks they faced...
Dan Davies (@dsquareddigest.bsky.social)
I now believe there probably is
Tomas Hirst (@tomashirstecon.bsky.social) reposted
Love that the flag discourse was an obvious trap, with a large sign pointing at it saying trap, and when asked about the trap Starmer says “I’ve always been a fan of traps, in fact I’m something of a collector” before jumping right in.
Dan Davies (@dsquareddigest.bsky.social) reply parent
Also some absolute nerds started going on about the dual-sided grills used in McDonald's restaurants which means that nobody needs to ACTUALLY flip the burgers
Dan Davies (@dsquareddigest.bsky.social) reply parent
Lots of girls I've had to jilt 'cause they can't take the way I'm built It's a good job I don't wear a kilt when I'm cleaning windows
Marie Le Conte (@youngvulgarian.marieleconte.com) reposted
is it only asylum seekers our Labour Prime Minister would object to living next to or would the sentiment apply to black and brown people in general? if merely the former, would he like to explain how he knows people he sees, say, in the street, actually are asylum seekers and not citizens?
Dan Davies (@dsquareddigest.bsky.social) reply parent
🎶 now here's a story about Minnie the Minx
Dan Davies (@dsquareddigest.bsky.social) reply parent
A girl while bathing clung to me, I shouted out "oh" She said "I think I'm drowning and you'll save me I know" I said well if you're drowning would you mind letting go Of my little stick of Blackpool rock
Dan Davies (@dsquareddigest.bsky.social) reply parent
I think he does have to say something along the lines of "having been born in the normal way 60 years ago rather than falling down in the last shower of rain, I do not believe that people painting on roundabouts are expressing spontaneous love of their country and they should knock it off"
Charlotte Lydia Riley (@lottelydia.bsky.social) reposted
“I don’t want asylum seekers to live on my street” is genuinely a wild thing to say as a notionally progressive politician
Stephen Bush (@stephenkb.bsky.social) reposted reply parent
You can't just say 'the problem is using the flag divisively', you have to set out and demonstrate what using it in a non-divisive way means.
Dan Davies (@dsquareddigest.bsky.social)
You: post links on twitter because it's important for your livelihood. I: don't agree that posting on a loss making platform is supporting it, don't agree with whatever implicit theory of politics is in the background, think the Nazi bar analogy is actively stupid. We are not the same.
Dan Davies (@dsquareddigest.bsky.social) reply parent
I think not in any automatic way, just through successive software updates
Dan Davies (@dsquareddigest.bsky.social) reply parent
Never beating the allegations of unoriginal tweets
Dan Davies (@dsquareddigest.bsky.social) reply parent
Possibly yeah, but to just go through a laundry list of known issues is much less ambitious
Dan Davies (@dsquareddigest.bsky.social) reply parent
Since good kippers can be smelled twenty yards away, it's a bit strange to think that they don't also taste strongly
Dan Davies (@dsquareddigest.bsky.social)
I don't want to get all "any other minority" but this is an ancient anti-semitic conspiracy theory with the serial numbers roughly filed off
Sunder Katwala (sundersays) (@sundersays.bsky.social) reposted reply parent
Would fail Ofsted inspection if they were a school. Do we expect so much less of government ministers, of Ofcom, of the Equality and Human Rights Commission than we expect of primary schools, Revealed preference: if you are rich & powerful, can promote racial hatred without a whisper of criticism
Dan Davies (@dsquareddigest.bsky.social) reply parent
Even without this - there is nothing wrong with a potato tasting like a potato, rather than like some proprietary mixture of paprika and onion powder! Blanquette de veau is both bland and delicious!
Dan Davies (@dsquareddigest.bsky.social) reply parent
Absolutely massive self own on the quality of cheese and smoked fish you're used to my friend.
ghose.bsky.social (@ghose.bsky.social) reposted
“ I am just a f*cking YouTuber, it’s up to the experts to work out how to implement the wealth tax”…”I don’t do implementation” “maybe we should seize assets like the Chinese” Interesting latest YouTube video from Gary “the best trader in the world at Citi” Stevenson. youtu.be/gHrxoKEnvEs?...
Liesbeth Corens (@onslies.bsky.social) reposted
"I worry that sometimes the world of statistics can become a proxy battleground. Statistical debates about what to measure can be used as a way to transpose a philosophical or political argument about what we actually value in more cloaked and technocratic way."
Dan Davies (@dsquareddigest.bsky.social) reply parent
These days most of them claim to have been to London and, through some extraordinary skill issue, only eaten bad food. Then they went to Ireland where the food is never bland or boiled.
Dan Davies (@dsquareddigest.bsky.social) reply parent
It also ignores pickled onions! Cheddar cheese! Kippers! Americans have this weird idea that anything which doesn't have chili in it is bland
Giles Wilkes (@gilesyb.bsky.social) reposted reply parent
OK, but "day to day delivery" is a bad sounding phrase. Nothing important is delivered "day to day" www.theguardian.com/politics/202...
Phil Edwards (@philedwards.bsky.social) reposted
I read something a bit back - probably in the @lrb.co.uk , which is my main source for sci/tech these days - that there's no such thing as extracting *all* the oil; there's just a sliding scale of how much oil you get out for how much effort/cost...
Sunder Katwala (sundersays) (@sundersays.bsky.social) reposted reply parent
It could hardly be clearer that X is in breach of its Equality Act duty tp provide an equal service to minorities, when broken complaints system invariably defends endemic unlawful hate crimes Its what Labour under Corbyn got done for: no adequate mechanisms for complaints But the EHRC is asleep
Dan Davies (@dsquareddigest.bsky.social) reply parent
The basis of the Ehrlich/Simons wager - "how much copper is in this rock" is a question to which the practically relevant answer is "depends how hard you're prepared to look"
Dan Davies (@dsquareddigest.bsky.social) reply parent
Chris, do you have a plan for the typepad shutdown, lots of people are really worried about your blog
Dan Davies (@dsquareddigest.bsky.social) reply parent
Mexico is also a colony!
Dan Davies (@dsquareddigest.bsky.social) reply parent
I think he's just missing out the interim stage where they lobby for deregulation. Although if a stablecoin can't cover its operating expenses from its interest income (something which did happen to a lot of MMFs) it's not clear what mechanism there is to gracefully wind up.
Dan Davies (@dsquareddigest.bsky.social)
Although land acknowledgements sound pretty strange to European ears, I guess that purpose is to stop idiots from doing exactly this "India is a colony and the Brits just stole like they always do, America on the other hand is just good old multi ethnic America" bit. L
Dan Davies (@dsquareddigest.bsky.social) reply parent
Everything's strange when you're an idiot
Moby Dick (@mobydickatsea.bsky.social) reposted
there’s no way to stop my singing in this world but to cut my throat. And when that’s done, ten to one I sing ye the doxology for a wind-up
Dan Davies (@dsquareddigest.bsky.social) reply parent
Right
Dan Davies (@dsquareddigest.bsky.social) reply parent
yet
Dan Davies (@dsquareddigest.bsky.social) reply parent
some may wonder whether a previous draft of this post referenced "technically it's ephebophilia", some may point to structural and syntactic clues that it did, but I deny everything.
Dan Davies (@dsquareddigest.bsky.social)
And here we are two months later, with think tanks trying to do "technically it's just a sparkling wine" with respect to the Good Friday Agreement
Dan Davies (@dsquareddigest.bsky.social) reply parent
Also the libertarians
Dan Davies (@dsquareddigest.bsky.social) reply parent
Don't feel great saying "Right" or "Wrong" on a nuanced subject like this, but he deserved sacked
Dan Davies (@dsquareddigest.bsky.social) reply parent
Probably right although actually good singers are good
Dan Davies (@dsquareddigest.bsky.social) reply parent
Slightly wrong as artists are ime more likely to have time for beliefs outside the mainstream, but in general this makes them more sensible and coherent rather than less
Henry Farrell (@himself.bsky.social) reposted
a16z Managing Director here he comes.
Dan Davies (@dsquareddigest.bsky.social) reply parent
Right
Dan Davies (@dsquareddigest.bsky.social) reply parent
Content has to be certified by the 5P (parti permanent personnable des posteuses de pieds)
Dan Davies (@dsquareddigest.bsky.social) reply parent
Les clients s'appelent "symps"
Dan Davies (@dsquareddigest.bsky.social) reply parent
You know how some people are basically dumb, but manage to cope with difficult concepts through sheer hard work? She's like that but without the hard work
Steve Randy Waldman (@interfluidity.com) reposted
oh fuck. @chrisdillow.bsky.social's is a typepad blog too. stumblingandmumbling.typepad.com ( typepad is shutting down arstechnica.com/gadgets/2025... )
Dan Davies (@dsquareddigest.bsky.social) reply parent
Have chosen to believe this is about syncretism so Right
Dan Davies (@dsquareddigest.bsky.social) reply parent
Seulement-enthusiastes
Dan Davies (@dsquareddigest.bsky.social) reply parent
Possibly she meant *Stamford* University? www.stamforduniversity.edu.bd/index.php/st...
Hetan Shah (@hetanshah.bsky.social) reposted reply parent
Lisa Cook is dead cool and it may be one of those instances where the messers become the messees on.ft.com/46cQKRl
Dan Davies (@dsquareddigest.bsky.social) reply parent
Can't say, don't know any films
Dan Davies (@dsquareddigest.bsky.social) reply parent
Personally REM but for the purposes of lists it has to be the beach boys
Dan Davies (@dsquareddigest.bsky.social) reply parent
I hate to say it because your heart is in the right place but wrong
Dan Davies (@dsquareddigest.bsky.social) reply parent
It has a very nice bass guitar part
Dan Davies (@dsquareddigest.bsky.social) reply parent
Particularly in Wrexham
Dan Davies (@dsquareddigest.bsky.social) reply parent
Right or wrong, depends on compared to what
Dan Davies (@dsquareddigest.bsky.social) reply parent
Right, gorillas run from humans in the wild and are correct to do so
Dan Davies (@dsquareddigest.bsky.social) reply parent
Right
Dan Davies (@dsquareddigest.bsky.social) reply parent
Right
Gabby HC has another book out (@scriblit.bsky.social) reposted
NE VER MORE MORE MORE Says the raven in my room By my door door door It's symbolic of my gloom Of my loss, of my grief I was in love but bae dropped dead Now this bird's words are brief It just repeats one word I dread (Usually 'I misread this as' replies are an anathema to me but Guy gets a pass)
Dan Davies (@dsquareddigest.bsky.social) reply parent
More wrong than right
Dan Davies (@dsquareddigest.bsky.social) reply parent
Had
Dan Davies (@dsquareddigest.bsky.social) reply parent
My favourite one was "come on feel the noise"
Dan Davies (@dsquareddigest.bsky.social) reply parent
Although even that has a combination of "old people in the north and midlands are the true hero voters, and what do those people like? Falling house prices!"
Dan Davies (@dsquareddigest.bsky.social) reply parent
I think they're putting everything on "we have built¹ a million houses" ¹possibly removed some regulatory obstacles to building
Dan Davies (@dsquareddigest.bsky.social) reply parent
Right but so what
Dan Davies (@dsquareddigest.bsky.social) reply parent
Right
Dan Davies (@dsquareddigest.bsky.social) reply parent
Wrong