Has anyone told the US energy industry just how hard they are going to get boned by Russian gas re-entering Europe? I guess oil patch guys are going to be spending even more time in the duck chair as Saudi and Russia get what they want from the admin.

Very interesting piece by Michael McNair. medium.com/@mcnai002/gl...

It's been a bleak run for Democrats since 2009. They've seen consistent losses at the ballot box driven primarily by the very constituents the party imagines itself serving. 2025 delivered good news, but not for the reasons many think: bostonglobe.com/2025/11/26/o...

A mayoral candidate saying maybe the city should cover the cost of bus rides gets the full socialism panic treatment before he even tries it. A sitting president taking billions of dollars worth of shares in private companies gets “I must say, a tad unusual” after it’s been going for nearly a year.

People mock the style conformity / restrictions of Switzerland and Germany but it solves an aesthetic coordination problem and results in more housing. You have to please the RETVRN types to get stuff built. You may not like it but that’s politics.

"Ed Husic on the money: gas industry profiteering is costing Australians" by Matt Saunders #ThePoint thepoint.com.au/news/251125-...

Massive abdication of responsibility by the German political and corporate establishment -- didn't take a genius to know this was coming

more ghastly abuse and exploitation of disabled people by those who are paid for care and support www.smh.com.au/national/vic... archive: archive.md/eFySP

is there a program with a design as overly ambitious as the system they have set up for disciplining welfare recipients anywhere else in australian government?

This is quite brilliantly written. A far better piece of journalism than anything you will find in the NYT

Why wouldn’t requiring the corporate veil to be pierceable as a condition of private ownership in utilities regulation fix the moral hazard & hold-up problems PE LBOs create in electricity and water? Isn't abuse of the corporate form the key issue?

“The elites are ecstatic about imagining a vast, uneducated, and unproductive population forced to pay companies like OpenAI to access the written word and to approximate thought.” Must read piece by Noah McCormack with too many quotaboe lines to select one! thebaffler.com/salvos/we-us...

*This* is how the left should be talking about Mamdani's fiscal prospects & challenges. Rather than reify private market prices while fetishizing liberal budget-balancing, Weber challenges the political composition of pricing in the first place. Bravo!

This great thread raises some questions worth thinking over: 1. Is all electricity demand equivalent, or should grid policy distinguish between demand that provides essential services (e.g. hospitals) and demand that doesn't (e.g. computers mining crypto in air conditioned warehouses)?

TRANSITION CO-CHAIR LINA KHAN!?!?!??!

Excellent.

this is quite a chart. i wonder if it reflects a view that states will no longer act effectively against the use of cryptographic privacy to engage in criminal behavior.

Monumental hubris, every detail is jaw dropping. ig.ft.com/saudi-neom-l...

This is what a New Era looks like.

I can't stop laughing at this. The look on the South Korean President's face? Tell me he doesn't know he's trolling. Fuckin delicious 🤣

Oh, the neocons are gonna find some secret weapon to stop the groypers? Would this be the same one they used to stop Trump? www.unpopularfront.news/p/who-will-w...

Nice piece from Verdad on this paper that once again confirms: private markets are a socially acceptable grift papers.ssrn.com/sol3/papers....

The private equity presidency is deeply unpopular, who'd have thought

“getting rid of anticircumvention laws only requires…govts control their own behavior—unlike taxing or fining companies, which only works if govts can control the behavior of companies that have proven…to be more powerful than any country in the world.” ~Cory Doctorow pluralistic.net/2025/11/01/r...

Hahahaha. That reporter must be crawling out of their own skin

“I need cash”

@brianpotter.bsky.social new book is superb and you should all buy it, if not for yourself then for a high functioning autist in your life. The cover itself says “Hey remember How Things Work? That kids book you looked at for hours? Yeah you are our target audience.”

I’m convinced that this is the right way to think about free buses. It’s not just a question of the same people making the same trips but not paying. It’s valuable insofar as it changes what kinds of trips people feel they can make.

Today @economicsecurityproject.org released its Affordability Framework by Becky Chao and myself. As affordability remains central to economic debates, it's helpful to step back to see the key drivers of the crisis and build a theory of the case. /1 economicsecurityproject.org/resource/aff...

“The problems of racial injustice and economic injustice cannot be solved without a radical redistribution of political and economic power” — Martin Luther King Jr.

I'm excited to announce the release of our new, open access book, Governing Differences, co-edited with Paul Dragos Aligica.

"The United States must move beyond the broken models of the past and embrace an approach centered on human agency, economic opportunity, and local ownership," writes TPN member Faisal Saeed al Mutar with @jmurtazashvili.bsky.social. nationalinterest.org/feature/reim...

I don't know that it's worth engaging with this piece. But for what it's worth, I think it is wrong on some basic points. most basic, imo, it misunderstands how class power operates. In order to act politically, capitalists need political representation. Capital as capital just accumulates.

Stop threatening us with a good time.

There are photos on Reddit of him getting arrested, presumably for hitting that person at the end of the video: www.reddit.com/r/Athens/com...

If corporate profits are more important to the people who decide the shape of our economy than basic human well-being, you get an economy that values corporate profits above basic human well-being. Who could have guessed.

Barghouti's son argues that Israel will not release his father because he is a unifying figure who supports the two-state solution and "they want us to stay divided." Hard to disagree! www.theguardian.com/world/2025/o...

Meanwhile, when centrelink unlawfully cancels someone’s payment, they get kicked off the public housing waiting list because … they don’t have enough income to qualify.

Immigrant Nobel Prize winners exiting the United States

lol

Kicking someone out of the parliament sports club for pointing out the parliament sports club is so involved with the gambling lobby they had to officially register as a lobbying group is the very sort of action that should be referred to a 'National Anti-Corruption Commission'.

from @xntl.bsky.social, on "the Coase theorem" mchugh-russell.ca/2018/06/07/o...

"Something like a dozen people in the world understand that the "Coase" theorem is not the Coase theorem." www.deirdremccloskey.org/docs/pdf/Art...

Nice to see @pkrugman.bsky.social making the same point -- if you act like losers, the public will think you are losers There is no "safety" in deference and cooperation In fact, the paradoxical truth is that the safest place to be is in the vocal, visible, popular and highly public opposition

a pithy re-summary for undercurrents in the bay, is that a *significant* causal factor in the sudden right wing turn in VC/tech was—beyond MeToo—the end of ZIRP and transitively the decline of the VC model. Defense contracting was the only viable bastion of similar rent extraction. Being a hawk == $