Last shut down in 2018 he jumped at the opportunity to take credit for it.

Fellas, is it good when your company’s CFO and GC bolt for the exits “to spend more time with family.” From the FT: “[Tesla’s] chief financial officer and general counsel recently departed after short stints, within a week of each other.” The long list of departures in the article is eye popping.

Replace “being annoying” with “losing money” and you’ve got one of the most robust findings in behavioral economics, loss aversion. Unfortunately the effect is probably far larger in politics than equity markets.

Mostly agree, with an asterisk. From 2015, during a transitional media environment, true. Social media, smart phones have meaningfully lowered the cost of participation and changed the information environment. Premise weaken, but unsure to extent.

I don't like talking about this but as a single guy, especially as you get older, you're not really wanted or welcome in progressive spaces and I don't really want to be in maga spaces, and realistically that leaves you very few options.

The loneliness crisis isn't from a lack of third spaces, it's from being at home becoming ever more appealing thanks to broadband / phone combined with suburbanization.

Persistence of the “knowledge problem” causing Soviet failure is grating. Decades of quantitative analysis on soft budget constraints, poor incentives, and poor investment returns ignored in favor of obsolete ravings. Reading nothing may be preferable.

The big story globally seems to be that China is dialing down the Wolf Warrior Diplomacy while the US is dialing up the Fox Warrior Diplomacy?

Milei has preserved the venerable Argentine tradition of recurring currency crisis. If anyone sees this in who knows more about foreign affairs, isn’t this about China? It’s just dropping the pretense Argentina will ever change, stop lurching from crisis to crisis.

An absurdity. Running fiscal deficits yet underfunding capacity, casting doubt on data validity. Data that influences trillions of risk capital and influences political outcomes.

Court reform is unlikely barring successive D landslides. Smarter conservatives are more concerned, correctly, about a future president simply ignoring them.

Worth thinking about why this wasn’t “Biden Baby Bonds” or something. Why something like that would bog down in internal dysfunction. How distributional consequences will be worse due to implementation by Republicans. And much, much more. Extremely frustrating.

So as to what they were thinking, it appears they modeled this with standard redemption rates for promotions, very low, most don’t redeem. Wild. Periodically similar problem happens with rewards credit cards, Bilt card recently.

Pretty sure it was Brad DeLong saying to Noah Smith how this would end, badly. Milei made some reforms after a long period of misrule, ditched nuttiest ideas, but was also repeating past mistakes and inflation remained high. Argentina, undefeated in bizarro economics, never converging to stability.

as others have pointed out, the rise of the idea that "organizing" means "go hang out with some friends and maybe do a drum circle while not actually making any cogent political demands of anyone" has been highly detrimental to the US left

Share this view of Vance but tempered by him being a repellent off putting freak.

Hopefully coupled with ports should be automated. No need to be held hostage by Genovese family stooges either.

Dysfunction of both is inability to not be radical on, well, everything. Leading to repudiating stuff like basic monetary economics as irremediably tainted. Rather than something in your toolkit for implementing change.

Echoing the second term of the catastrophe that walks like a man, GWB, circa 2005 when the wheels came off and realizing they’d backed the wrong horse.

Old enough to recall GWB era with many Democrats believing fiscal crisis was imminent due to soaring budget and trade deficits. Yet when crisis arrived, in a credit market meltdown, many were flummoxed despite year’s of flashing warnings. Policy response subsequently was totally inadequate.

*googles OWO* “Nah, I’m too old for this.”

What a mistake I made opening this app today. Checking out for the rest of the day.

I think the problem is that liberals think liberalism is a structure and not an ideology. They're playing Monopoly and think their role is to be The Bank and not a player

Economics and finance too. It either really good or just atrociously illiterate.

please contact me if you control "dark money" and want to pay me to promote high rise trousers, walkable neighborhoods, and adopting shelter animals

Actually now that I think about it, there's gotta be some sociological theory explaining where folks think The Real Problem, Is That You've Pointed Out The Problem You see it in groupchats and apparently with the wildfire map in Oregon and anyone who posts "Solve racism by not talking about it"

primary everyone, save the country

On Instagram: omg Taylor is getting married!! On Twitter: can't believe the Jew Taylor Swift is married... she doesn't have any eggs On Bloosky: can't believe Taylor Swift isn't wearing a mask 5 years into a pandemic... On Tiktok: omg first human-nephilim marriage since tartaria

This was relatively common after the Third Reich, the immediate aftermath of any self inflicted disaster. Only caveat is we now have digital footprints, possibly making the pretending harder.

There are many things governments can do, as a society we can argue if they should. But something it cannot do is make us younger.

Modern life is basically dependent on nerds you will never meet building software & spreadsheets you will never see What the Trump admin dares to ask is: what if we just shoved as many of those folks as we could find into a locker.

Not as sure tbh. Crisis focus the mind and internally there will be pressure to not preside over a collapse in employment from technocrats.

Maybe. Electoral generational turnover means you don’t have people with bugaboos of state ownership. Along with negative polarization. Leaning towards this could be sticky.

Bleaker is that so many people on here do not want to hear this. Outright deny it.

Absolutely not. At the other place they are talking about a President AOC is going to use this for mandatory DEI sessions. Not that we may have just laid the cornerstone for something akin French dirigisme in the US.

a very bleak development in terms of my view of the world in the last few years has been both ‘the Israeli govt is much worse than I thought and deserves an enormous amount of criticism’ and ‘yeah a lot of people geniunely are just low-grade antisemitic’ both apparently being true.

Misconception from inferiority complex. Liberals didn’t hate them, almost worse, they didn’t think about them at all. Unless forced to.

I wish Karl Marx was still alive so he could see this tweet

This can only go well with little chance of adverse selection.

Another victory for MAHA. So much winning.

Remembering when I first discovered him in 2006 and could not imagine this arc for him. Or the country sadly.

It truly is an interesting question what happens if you try do a Peronist government, but instead of giving your supporters things, you just repeatedly kick them in the balls.

Senate Banking has just passed the housing megabill out of markup 24-0 First housing markup in almost two decades, and we're including almost every bipartisan housing idea on the Hill in SB jurisdiction!

A key part of any scam is making people believe they have a secret insight that others don’t see. This belief is essential to getting them to reject empirical reality and keep the con going as long as possible.

Moreover, it’s not some obscure fact that the church, black voters, and the Democratic Party have a longstanding relationship. Voters who are crucial to Roy Cooper’s victory. Realizing I’m not that old, 30s, yet came into a party dominated by ethnic cliques and church. Just damn.

I’m with the economists that say a VAT is better policy than tariffs, but can you imagine the media headlines around a VAT being rolled out? (if a Democratic Congress could pass one, which it couldn’t in the world of politics we’ve seen to date)

Predominance of sunset and predatory industries leading to policies defined by the zero-sum logic. Peasant brained portion of the electorate shares this, ascribing superior economic abilities to Republicans.

The hypocrisy of buyers is rather extraordinary in the blood products trade. See France for example.

As per Rawls, you're supposed to politely ignore the fascists up to the point where they're an actual threat to the liberal order, at which point you fuck 'em up (including by the use of illiberal means, he says this in so many words)

This is both true and rarely pointed out.