Think you can explain a lot of the freakout about the "woke pmc" and subsequent reactionary turn from the tech industry guys as well with this

I think this touches a deep, often-overlooked point. In my labour law days, I saw some employers spend MORE money fighting unionization than they would have paid accepting it. Loss of control was driving them at least as much as profits! Control is vital – with environmental policy as well.

Every time you try to explain this to someone in Europe you're met with total incredulity: "What do you mean by you can't just press a button to send money from A to B through the banking system? What does that mean?"

Paying my US student loans is reminding me that the US payment system is GARBAGE! Just trash. I know it's not surprising given how many aspects of American infrastructure are falling apart, but it's worth saying. The US payment system is like a collapsing highway, but too few are paying attention.

NEW @crisesnotes.bsky.social: I continue my deep dive into the intellectual origins of my "conventional wisdom processor". Here I examine the role of economists at Google, Amazon, Uber etc. in propagating an entirely different notion of markets. www.crisesnotes.com/what-connect...

Very interestingly, the 2025 Budget is putting forth a radically different approach to open banking than the previous govt. It's being moved from FCAC to the @bankofcanada.ca and being given a much more structured approach. Canada.ca share.google/3FddXC3J8E88...

I know everyone is rightly talking about the election right now and not baseball, but this is hugely good news for the #bluejays! Let's run it back! Only better!

BREAKING: Zohran Mamdani wins the New York City mayoral race, NBC News projects. nbcnews.to/4nIzNUC

Shane Bieber will opt into his one-year, $16M player option with the Blue Jays, keeping him in Toronto for the 2026 season. 🙌 (H/T Jon Heyman, @nypost)

Actually pretty interesting. What we really need is a public digital payment system without fees - you don't pay a fee to accept cash!

I think some Democrats are indeed deeply worried about the repercussions, but those repercussions are not about losing the electorate; they are about having to change in ways that some find unthinkable, I guess.

🚨More scholarship! In 'Noisy Politics, Quiet Technocrats' @benbraun.bsky.social & Maximilian Düsterhöft comb more than 11,000 speeches by 18 central banks to explore whether CBs discuss politically controversial topics, shedding light on how CBs strategically interact within their social context.🏦🌐

If you missed these memes yesterday you are in for a treat.

Yup

As @lpeblog.bsky.social says, I caught some strays in this one. Hope I'll have some time to respond over winter break, because we're entering productive territory here. I would agree that consumer protection is inherently limited & I know @sanjukta.bsky.social would agree that antitrust is...

The best defence in baseball didn't get a single Gold Glove. (No I'm not counting Ty France, who earned his playing for the Twins.) That's some garbage!

This statement isn’t quite false, but it’s quite misleading. *After tax* household income of $190,000 does put you in the top decile. But in everyday English, “make” normally refers to pretax income. In which case you need more like $350,000.

Being a Toronto sports fan is just having your heart broken over and over again

Same

Hate how it ended, but the Jays had a postseason for the ages

My son literally crying himself to sleep last night. We all were! Baseball is a game for masochists!

Yes I am dead

Oh heartbreaker!!

When @mark-carney.bsky.social ran his election campaign on #elbowsup what he really meant was #suckingup You don't have to agree Ford's ad was a good idea to understand apologizing to The Orange Infant for "offending" him is not what we want nor will it work www.theglobeandmail.com/politics/art...

Incredibly smart successful people can often think their intelligence and success in one area will easily translate to another. Carney (evidently smart and successful) seems to have fallen head-first into this trap. www.cbc.ca/news/politic...

Trying to think of an ethical, defensible use of the "notwithstanding" clause in recent times... Any thoughts, pocket friends?

Yet another year of begging the powers that be to do away with the insipid practice of switching our clocks twice a year! Please

Perfection

I don't know who needs to hear this, but $11.5 is a whole lot of dollars

Men only want 2 things.

Over the past 5 years the wealth held by the top 0.1% has nearly doubled from $12 trillion to over $23 trillion.

I have learned that you can basically click "reject all" to every websites cookies request, and the sites all still work perfectly.

So true

New scholarship 📣Carla Coburger historicizes the currency hierarchy in Nigeria, excavating its colonial roots justmoney.org/imperial-mon...

When your child gets ahold of you to-do list...

@jeffpassanbot.bsky.social is right about this. Barger made history with his grand glam last night, but Captain Kirk was the MVP of Game 1. @torontobluejays.bsky.social #worldseries

The strike authorization vote has begun! While voting commences, union baristas are holding 70 rallies and pickets through November 1st. It's time to get serious about finalizing fair contracts, Starbucks.

The Dome is going to collapse. After Addison Barger hit the first pinch-hit home run in World Series history, Alejandro Kirk just went yard. They’ve scored 9 in the 6th. It’s 11-2 #BlueJays

“A little-known drone company backed by Donald Trump Jr has won its largest contract from the Pentagon, as the US government expands its procurement of the drones” on.ft.com/47p3FPA

This will present interesting questions in the shareholder litigation. Especially over the choice to sell vs not to sell at all.

🚨Fellowship opportunity for aspiring legal scholars from the University of Wisconsin Law School 👇

The article never answers the question posed by the title, but the answer is obviously “no.” Give me a break.

To the surprise of no one

The problems with crypto are enormous. 'Stablecoins' are now being touted as a solution. @danrohde.bsky.social does a great job explaining what stablecoins are and why we should be skeptical of the hype. I am still thinking through these issues, but this piece really helped me.

Well this is terrifying: the Don dumps 18 cars worth of microplastics into Lake Ontario every year...

🚨New post🚨 Can stablecoins solve economic inequality? Some say yes. But SCP Fellow and @windsorlaw.bsky.social prof @danrohde.bsky.social is not convinced. Learn more about #stablecoins and how to think critically about their promises. 🔗 tinyurl.com/55sam9n6 #LawSky #Inequality #CdnPoli

Had to drop this in from the other place, because this is just too good! GO JAYS! @torontobluejays.bsky.social

Wrote a post about arguments for using stablecoins to promote economic equality with @scpartners.bsky.social. Also offers a very basic primer on what they are. socialcapitalpartners.ca/stablecoins-...

People too often follow conservatives at their word