the reason its bad to run universities like businesses is that almost all businesses fail on any reasonable timeline of evaluation. hudson's bay made it the longest and even they only got to about half an oxford of longevity

They claim financial exigency, but then turn down $4 million pledges to keep the PhD programs open and disregard financial analyses that point to the real problem—bad real estate deals, spending on consultants, and their own salaries 2/2

Speaking as a private citizen on a matter of public concern, yes leadership is apparently planning to cut 50% of the faculty at the New School for Social Research in order to eliminate social research and replace scholarship with a trendy MA degree mill For the 21st Century 1/

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CSWEP strongly condemns Larry Summers’ behavior as revealed in the email correspondence with the late Jeffrey Epstein. While abuse of power in the economics profession is not new, rarely has the intent behind such abuse been so clearly stated.

They were kidnapped in international waters in an act of blatant piracy…

👀👀 www.reuters.com/business/fin...

When I was an undergrad at Sapienza University of #Rome, courses did not have #homework. Only a final #exam, first a written, closed-book #test and then an oral examination. Every single #econ course. As #AI proof as it gets.

Economists have spilled WAY too much ink debating and analyzing monetary policy to be silent at this moment.

I'm afraid you'll have to fire all of us, Mr President. www.wsj.com/economy/trum...

It’s #taco Monday! Trump Extends China Tariff Truce www.nytimes.com/2025/08/11/u...

A friend of a friend of the #president is the victim of a crime in #DC, a city where crime is at a 30-year low. In response, the president takes over the DC #police & sends in the national guard., tells them 2 do “whatever the hell they want.” Sounds like crony #fascism, if you ask me.

Why do the jobs numbers get revised? our markets and policymakers want data NOW but employer data dribbles in over months 1st estimate is based on the 75% of employers who respond promptly Updates occur as more data rolls in: 95% response rate by final revision 1/N www.bls.gov/opub/btn/vol...

Exactly. What guarantees that Trump won’t, in the future, directly request layoffs of #faculty he doesn’t like to maintain funding? More than a slippery slope, this settlement looks like the edge of a precipice.

~70% of the #Gaza built environment destroyed. 50% of #hospitals destroyed. 59K confirmed deaths, 16.5K #children. Does not include #missing people, indirect deaths. Mass #starvation due to aid #blockades. Daily civilian killings at food distribution centers. Silence is complicity.

This is truly unbelievable given the rhetoric of the #Meloni government. But it speaks volume about the resilience of democracies in #Europe, where even the far right has to capitulate to its daunting demographic trends.

Yes, props. But where has pretty much every #Democrat (including Jeffries) been thus far?

"Not for you." Palestinian citizens of Israel--21% of the population--are being excluded from bomb shelters on the basis of their ethnicity. This is the society the West will defend at all costs. www.aljazeera.com/news/2025/6/...

Every single day. on.ft.com/409SaZx

The opposite of universal basic income paired with a wealth tax.

This is a lie. We all saw the video. The Senator clearly identified himself, and he did not "lunge" toward anyone.   If these miserable propagandists will lie to you about roughing up a U.S. Senator in a room full of reporters, what won't they lie to you about?

This is straight out of Nazi Germany.

"My name is Greta Thunberg and I am from Sweden. If you see this video, we have been intercepted and kidnapped in international waters by the Israeli occupational forces, or forces that support Israel."

LAPD fired rubber bullets at Australian journalist @laurentomasi.bsky.social

Excellent analysis by @fabiosabatini.bsky.social for those who understand Italian.

Hello. I live in Los Angeles. The president is lying.

Welcome to the United States of America, where the President sends the #NationalGuard to crack down on Los Angeles protesters whose only fault is to stand up for fellow #humans.

This.

🚨New paper alert!🚨 onlinelibrary.wiley.com/doi/full/10.... This article with the amazing @viniciuscicero.bsky.social, who will join Denison University as an assistant professor in the fall, just came out in Metroeconomica. It is also open access, thx 2 an agreement between CSU library and Wiley.

The media hype around Trump making a "deal" with the UK is yet another appalling example of #sanewashing.

What?

Lots of media commentary about “what does the Fed do in case of #stagflation.” I don’t think the answer is hard. But it is very unpleasant. 1/

Happy #MayDay, everyone.

This is amazing. Trump campaigned on #tariffs and mass #deportations, and now is widely unpopular on tariffs and deportations. www.washingtonpost.com/politics/202...

The ``greatest #democracy in the world'' is now sending FBI agents to arrest #judges.

This, unfortunately, is the crux of the matter.

The “greatest democracy on Earth” disappearing people like Pinochet’s Chile.

I am a recovering Catholic. Grew up in #Rome, was active in the church under John Paul. I just want to jot down some quotes from #PopeFrancis regarding #immigrants and #refugees. "Migrants and refugees are not pawns on the chessboard of humanity" - 2015 1/

im sorry to be so divisive and partisan but i dont think the government should be inventing a criminal history out of thin air to justify sending someone to a concentration camp in a foreign country

The more the economic record of the #Trump administration is indefensible, the stronger will be the political push toward #authoritarianism.

Astounding levels of #corruption. This, and the video of #Trump praising #oligarchs in the White house for making billions in the stock run-up last week.

100 times this. www.nytimes.com/2025/04/14/o...

More than 600 student #visas have been revoked as of today.

I guess the “rational voter” has been put to rest once and for all.

The 2 most recent #SCOTUS decisions show very clearly that there is no #constitutional #crisis in the US. All 3 branches of government are unified in moving the country in an #authoritarian direction.

So much winning.

US consumers are quite funny. First, they vote for Trump who campaigned heavily on #tariffs (he won the popular vote!). Then, he implements said tariffs, and their opinion of his economic policy turns negative.

While it is true that most stock wealth is owned by a small share of people in the US, a larger share (like myself, more privileged than those without this option, to be sure) have much of their retirement savings in 401k accounts and the like.

25th Amendment, anyone?

Where does one even begin? ustr.gov/issue-areas/...