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fivebelow.com | 2 hours ago | 71 points/hour | 145 points | rankings
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marginalrevolution.com | 8 hours ago | 57 points/hour | 466 points | rankings
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breakthroughenergy.org | 2 hours ago | 45 points/hour | 111 points | rankings
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wraltechwire.com | 2 hours ago | 39 points/hour | 74 points | rankings
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marginalrevolution.com | 34 hours ago | 43 points/hour | 1475 points | rankings
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medpagetoday.com | 3 hours ago | 28 points/hour | 74 points | rankings
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Scott Lincicome (thedispatch.com) | 3 hours ago | 23 points/hour | 74 points | rankings
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econlib.org | 33 hours ago | 24 points/hour | 772 points | rankings
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broadinstitute.org | 32 hours ago | 22 points/hour | 707 points | rankings
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upwork.com | 8 hours ago | 21 points/hour | 172 points | rankings
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Charles Lane (washingtonpost.com) | 1 hours ago | 13 points/hour | 9 points | rankings
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shiftdrinkpodcast.com | 5 hours ago | 17 points/hour | 86 points | rankings
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Andrew Prokop (vox.com) | 4 hours ago | 16 points/hour | 69 points | rankings
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Santul Nerkar (fivethirtyeight.com) | 2 hours ago | 15 points/hour | 37 points | rankings
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Simon Bazelon and David Shor (slowboring.com) | 35 hours ago | 15 points/hour | 523 points | rankings
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Contributors to Wikimedia projects (wikipedia.org) | 4 hours ago | 13 points/hour | 47 points | rankings
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bloomberg.com | 6 hours ago | 13 points/hour | 74 points | rankings
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bloomberg.com | 6 hours ago | 13 points/hour | 74 points | rankings
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asucollegeoflaw.com | 3 hours ago | 13 points/hour | 43 points | rankings
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asucollegeoflaw.com | 3 hours ago | 13 points/hour | 43 points | rankings
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David Leonhardt (nytimes.com) | 11 hours ago | 13 points/hour | 143 points | rankings
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John Halpin (substack.com) | 3 hours ago | 13 points/hour | 38 points | rankings
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Timothy B Lee (fullstackeconomics.com) | 34 hours ago | 13 points/hour | 454 points | rankings
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opengov.com | 15 hours ago | 12 points/hour | 173 points | rankings
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cato.org | 33 hours ago | 11 points/hour | 372 points | rankings
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statista.com | 7 hours ago | 10 points/hour | 74 points | rankings
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aseanrecords.world | 7 hours ago | 10 points/hour | 72 points | rankings
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newcons.org | 4 hours ago | 10 points/hour | 35 points | rankings
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['Greg Bryant'] (npr.org) | 18 hours ago | 10 points/hour | 183 points | rankings
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Alan Cole (fullstackeconomics.com) | 9 hours ago | 10 points/hour | 94 points | rankings
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Matthew Yglesias (slowboring.com) | 11 hours ago | 9 points/hour | 104 points | rankings
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amgreatness.com | 8 hours ago | 9 points/hour | 77 points | rankings
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cato.org | 23 hours ago | 9 points/hour | 214 points | rankings
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mercatus.org | 31 hours ago | 9 points/hour | 281 points | rankings
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mercatus.org | 31 hours ago | 9 points/hour | 281 points | rankings
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bloomberg.com | 33 hours ago | 9 points/hour | 281 points | rankings
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niskanencenter.org | 8 hours ago | 8 points/hour | 64 points | rankings
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marginalrevolution.com | 34 hours ago | 8 points/hour | 281 points | rankings
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pacificlegal.org | 9 hours ago | 8 points/hour | 76 points | rankings
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marginalrevolution.com | 10 hours ago | 8 points/hour | 80 points | rankings
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stlouisfed.org | 11 hours ago | 8 points/hour | 86 points | rankings
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medrxiv.org | 5 hours ago | 8 points/hour | 39 points | rankings
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patrickcollison.com | 11 hours ago | 8 points/hour | 86 points | rankings
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mercatus.org | 35 hours ago | 8 points/hour | 281 points | rankings
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Snopes (snopes.com) | 30 hours ago | 8 points/hour | 240 points | rankings
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Hal Brands (foreignpolicy.com) | 21 hours ago | 8 points/hour | 158 points | rankings
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wsj.com | 9 hours ago | 7 points/hour | 69 points | rankings
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wsj.com | 5 hours ago | 7 points/hour | 39 points | rankings
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Mercatus Center at George Mason University (apple.com) | 20 hours ago | 7 points/hour | 141 points | rankings
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Noah Smith (substack.com) | 39 hours ago | 7 points/hour | 268 points | rankings
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quantamagazine.org | 13 hours ago | 6 points/hour | 86 points | rankings
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brilliant.org | 13 hours ago | 6 points/hour | 86 points | rankings
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veritasium.com | 13 hours ago | 6 points/hour | 86 points | rankings
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compute.studio | 31 hours ago | 6 points/hour | 201 points | rankings
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mercatus.org | 23 hours ago | 6 points/hour | 145 points | rankings
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curio.io | 11 hours ago | 6 points/hour | 69 points | rankings
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David Beckworth (nytimes.com) | 23 hours ago | 6 points/hour | 146 points | rankings
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artsemerson.org | 29 hours ago | 6 points/hour | 183 points | rankings
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economist.com | 19 hours ago | 6 points/hour | 119 points | rankings
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effectivealtruism.org | 9 hours ago | 6 points/hour | 51 points | rankings
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springer.com | 15 hours ago | 6 points/hour | 86 points | rankings
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nyu.edu | 7 hours ago | 5 points/hour | 34 points | rankings
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youtube.com | 17 hours ago | 5 points/hour | 91 points | rankings
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Simon Lester (chinatrademonitor.com) | 1 hours ago | 4 points/hour | 5 points | rankings
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Nathaniel Rakich (fivethirtyeight.com) | 10 hours ago | 5 points/hour | 51 points | rankings
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cato.org | 7 hours ago | 5 points/hour | 35 points | rankings
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metmuseum.org | 40 hours ago | 5 points/hour | 183 points | rankings
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ssrn.com | 34 hours ago | 4 points/hour | 148 points | rankings
Tweets
RT @danielgross: Hybrid is the new remote, and there's no software for it. We need things like:
1. Connect go Gcal and coordinate who come…
RT @shikhadalmia: Orban is attacking churches in Hungary. But CPAC has chosen Budapest for its 2022 confab, signaling the ominous direction…
RT @yurimilner: Less than a decade after CRISPR, another gene-editing system has been identified in bacteria and re-engineered to work in h…
Less than a decade after CRISPR, another gene-editing system has been identified in bacteria and re-engineered to work in human cells.
https://t.co/1rXaDDHTkh
Get rich quick schemes look a lot more attractive now that I am older.
“We should let kids vote” is one of my pet ideas, sad to see it’s literally the least popular thing they could think of.
Concept: what if your community newspaper was re-centered around a community dashboard?
It addresses the ADD aspect of news judgment. Rather than random stories every day, your community would instead track metrics over time, like $ saved or time working out. And improve them.
In last hour NPR has been puzzling over why oh why child care workers get paid so little. No mention at all of supply and demand. Yet I’m sure all these people have heard of the concept.
@HJWallEcon @jmhorp Jeremy is kicking himself for missing that one.
@AgnesCallard The way that most areas of life hold themselves to any standards at all is via enforcing social norms (often also adding laws). If not via norms, how are we intellectuals supposed to push each other to be oriented toward truth? The universe doesn't naturally ensure this.
@AgnesCallard Surely shaming and praising exist in humans because our ancestors found them useful at times. Why shouldn't such things also find uses in intellectual worlds?
@AgnesCallard But attempts to shame and to praise usually DO point to reasons. Usually there is a general rule, with widely accepted supporting reasons, and a particular instance, where reasons are given to show that the rule applies to this instance.
@AgnesCallard We appropriately have social norms that apply to intellectual activity, and humans generally enforce social norms via guilty, shame, and praise. Why not enforce them here that way as well?
@zorangecats @robinhanson Fact check: true https://t.co/CgaYOyaxgm
I'm thrilled to see these two education path-breakers recognized. I've known Rick Hanushek and followed his scholarship for decades. I haven't always agreed with Rick's conclusions, but he's never failed to engage and challenge me! https://t.co/fdviaauWTs
Deborah Birx (@realDrBirx) was treated very negatively by the press in her battles with the CDC.
@ScottGottliebMD's book Uncontrolled Spread offers a different and much more positive account.
Where does the truth lie? I adjudicate. https://t.co/cL57EkJf3w
@tedfrank @ATabarrok Even as lame attempt, Mother Jones impresses me again for challenging viral narrative.
@ATabarrok I think it's a bit late to get in on LuLaRoe, unfortunately.
RT @balajis: Cancellation is anti-worker.
Employees should start demanding 90-day cooldown periods in contracts such that they can’t be pr…
RT @skominers: My column today in @bopinion: The world can have vaccine boosters and first doses, too – the key is to explicitly contract o…
RT @spwells: More than 50,000 people have died of Covid in the US in the past 28 days 🦠🇺🇸 https://t.co/vPeWNZI89C

RT @m_clem: Breakthrough cases of polio—including deaths—were common during early polio vaccination.
What kept us safe was not perfect va…
Pinker: Actually I think most people do think in that monologue that you just shared…
Hanania: Not consciously…
Pinker: Not consciously, but I think, in fact, I think that’s a huge part of the answer to one of the puzzles that motivated the book. (2/2)
https://t.co/NQOKWw2xVQ
Hanania: But when it comes to religion, when it comes to politics, when it comes to my ultimate views of the universe, there’s no instrumental reason for me to believe in the truth. So I’m going to indulge in whatever I feel. (1/2)
https://t.co/NQOKWw2xVQ
Years ago, Wikipedia deleted a great article on "The Ideological Turing Test," but at least it now features an entry on "rational irrationality."
https://t.co/ts0Ojsz4iq
The medical industrial complex is scamming us https://t.co/gHJngbRRSw
.@MattMitchell80 "Given the substantial evidence that CON regulations do not achieve their stated goals, one may wonder why these rules continue to exist in so much of the country. The explanation seems to lie in the special-interest theory of regulation." https://t.co/Mk1qlsUWCO
.@RussoEcon "To avert a crisis, the Fed, as the LOLR, lends to banks without limit, in a timely manner, based on good collateral, at a penalty rate. These loans are not meant to finance new investment." https://t.co/lEV70uJLfy
RT @RussoEcon: Excited to present at the @okstatechamber 2021 Washington DC Fly-In on 9/28. I'm opening the morning with a discussion of ou…
RT @WeifengZhong: 🔥 Hot off the press: “Wei To Think Again #2: U.S.-China Decoupling Is On.” Subscribe to receive future issues. https://t.…
RT @Macro_Musings: The US’s status as the world’s supplier of safe assets can help explain why its exorbitant privilege in money markets co…
.@tylercowen via @bopinion "The larger point is that there aren’t very many good macro theories of social change. Wokeism may well be the rope that the anti-capitalists will use to hang themselves. Wokeism does not poll very well with the public." https://t.co/WKsqkpOOCW
RT @MargRev: What is *the best* time zone for global work and Zoom? https://t.co/F27hCtZdje
RT @AldenAbbott1: See my podcast with Professor Dan Spulber on the case for patents, https://t.co/CjQ4voXK90
RT @AdamThierer: A good overview of some of the radical things afoot at the #FTC, by my @Mercatus colleague @AldenAbbott1 (via @TOTMblog):…
It’s time, Joe. It’s time… https://t.co/FiezpWdgB7

Super excited to finally share the new project I’ve been working to spin up this year with OpenLabs, co-led by myself and @jpstinebr, to democratize access to accurate measurement to help progressive organizations make important strategic decisions: https://t.co/jzY3lR6yyI https://t.co/FIz2UrMR7B

It's pretty obvious who's face should be on the trillion dollar coin IYKYK https://t.co/1IJn6itgyk

Someone who thinks Jerome Powell got "lucky" with the economy he faced shouldn't be sharing their opinion on these matters frankly. https://t.co/pwTcs56dYq
One very simple thing for twitter to do would be expand surveying capabilities. Why they keep twitter polls so basic and limited is baffling to me.
Another year of not getting a macarthur genius grant for my dumbass tweets
@conorsen Well I just mentioned them they’ll probably be here any minute now
Must read by @scottlincicome Questioning Industrial Policy | Cato Institute bonus: awesome design https://t.co/ih43yO4F07
After 2020-2021, I just really struggle to assume "scientists have got it, don't worry" about a variety of existential small probability risks.
@mattyglesias All of the above. Householder rates never recovered from GR, it’s just moving back towards historical norm.
@arpitrage @EconBerger Also composition effects. Fine dining is labor intensive, fast food & pizza is not
Perhaps, bear with me, incentives matter and it's exaggerated caution, timidness and "behavioral science" in promoting vaccines that backfires rather than helps?
https://t.co/Kg1i4C1euU https://t.co/1CbNToW29O

Two weeks on, the reaction to this piece has been well beyond even our wildest dreams. Thank you so much to everyone who has taken the time to read it, and to everyone who’s shared. https://t.co/xeOnsMJtH8
You're a progressive, Liz! You're supposed to say Powell hasn't done enough easy money to help the little guy, not that he's encouraging financial crises and needs to tighten up!
Come on!!
@nickgillespie @veroderugy I asked, but we lack the technology in-house.
@scottlincicome @veroderugy Disappointed that Uncle Sam isn't flexing while the Statue of Liberty cries in the background.
@scottlincicome @nickgillespie @veroderugy if only there were a friendly firm out there that helped CATO and others with excellent visual design, compelling video, and strategic communications
Got around to listening to the Macro Musings episode with @HannoLustig and @DavidBeckworth — it’s great! Highly recommend.
https://t.co/akZQl7QS5m
@conorsen @TheStalwart Aimed a cannon at Powell, but accidentally blew herself up
<New research alert> Today I have a new report out using Upwork’s survey of 1,000 hiring managers. We look at trends in remote work, and the key takeaway is this: remote work is a general purpose technology with many downstream spillovers to come. https://t.co/6kP89BM1dH
@mattyglesias Higher householder rates, not more people. That is my guess
Rainbows are actually... circles
The centre is directly opposite the position of the sun in the sky, this is called the antisolar point
A full circle is visible from a higher vantage point, usually a plane and is sometimes called a ‘glory’ ...but 1/
https://t.co/j47Y3rlF7P

@tedgioia LPs live and die on good liner notes and band membership detail topped off with great cover art.
RIP jazz organist Dr. Lonnie Smith, dead at age 79. https://t.co/DV1VEnqV9T An undisputed master of the Hammond organ, Smith started his career with Blue Note Records in the 1960s, and returned to the label 5 years ago—and was named a NEA Jazz Master in 2017. A remarkable career.
It's kind of amazing that there was time when you could call Nina Simone collect and ask her a question. https://t.co/nRC8P09jXK

RT @ignashkinjazz: Frank Sinatra and Tommy Dorsey Big Band. 1942. https://t.co/7LsfcU2OB9

Want to know how a journalist can uplift a whole arts community? “Espeland wrote some 1,700 columns for MinnPost & regularly contributed stories to the Star Tribune. . . . With her husband John Whiting at her side, snapping photographs,she attended a show a night. Sometimes two.” https://t.co/F2JGgiyPq6
The sudden death of Pamela Espeland (@bebopified), who was a charming champion for jazz and the arts in the Twin Cities, is as tragic as it was unexpected. This is a great loss, and I'm sure I speak for many others who had the privilege of knowing her. We're all grieving. https://t.co/7nVCtsc71A

@mick655 I'm not sure what book you're referencing. Is it something that just came out?
RT @gunsnrosesgirl3: Rainbows are actually... circles
The centre is directly opposite the position of the sun in the sky, this is called…
Someone please give this person a grant. https://t.co/rTDIv2HgK1
The premiere of Iphigenia, an opera by Wayne Shorter and Esperanza Spalding, is just a few weeks away.
https://t.co/pNK3RGd9yW
Blues musician Cedric Burnside talks about his Mississippi roots: "Growing up without running water, without a bathtub, a toilet, it was a normal life to me. Like, I didn’t know that everybody’s supposed to have a bathtub."
https://t.co/BM7IPlI8r5 https://t.co/lNz66lnQgE

RT @JFrankensteiner: Once again thinking about Christopher Reeve in 1982 predicting the future of Broadway https://t.co/2AXcm94V01
RT @sarah_jazz_clas: Bill Evans Trio / Alfie
Bill Evans (piano)
Eddie Gomez (bass)
Marty Morell (drums) https://t.co/M97fVgIW0c

RT @met_musical: Ngoma (drum), 19th century https://t.co/Iml45RuSxw #themet #musicalinstruments https://t.co/NRbhgGjga3

RT @John_Liberator: For this one, I spent months researching Sun Ra's keyboard rig and the instruments he used over the years. The Sun Ra e…
"In praise of John Coltrane's smile." https://t.co/rdAE96ptSc
The Honky-Tonk Nun of Ethiopia, by @tedgioia https://t.co/FmV6UR3omR
@sarah_jazz_clas @tedgioia This kills me. Such space and beauty.❤️
@tedgioia Thx for tweeting this notable passing of the talented Dr. Smith.
@John_Liberator @tedgioia I saw him in Santa Cruz - years back - one of the best concerts I have ever been to, from start to finish.
@tedgioia His last album was amazing.
https://t.co/Fflrg1BPE9
@tedgioia This is the number 1 reason I still buy CDs & vinyl: to get those notes, personnel & recording data! Not to mention the art 🙂
@tedgioia By far, most of the pictures I've seen of John Coltrane show him with a serious expression.
Reading? Couldn't be me.
I say as I open up Music: A Subversive History by @tedgioia
Great book btw.
@sarah_jazz_clas @tedgioia Why does this remind me of a Stanley Kubrick film?
There is nobody so ridiculous and ignorant that if they criticize the right people (regardless of the merits of the critique) that Tucker won’t embrace them and give them a platform https://t.co/bzDWlPj3Im
One thing I appreciate about @IrvingSwisher and @DavidBeckworth (and many others) is their emphasizing some of the arbitrary distinction between financial stability and macro stabilization. A robust economy with stable incomes is one good line of defense against banking meltdowns
@AlexNowrasteh Thinking the same thing, especially now with our declining population growth rate.
The engineers mostly fixed oil spills: https://t.co/jLv3hQ2eyU https://t.co/T4YkLh9aab

@conorsen Have u met the monetarist teens though?
@sam_a_bell @conorsen @TheStalwart I think the idea you can get rid of the need for the fed to be lender of last resort is Ron Paul level thinking
Hey @KateDavidson, a question on the debt ceiling limit: why does the legal debt limit have to be set for the total debt limit that include treasury securities held by the federal government, rather than just on the marketable treasury securities held by the public?
@econhist_allday @ModeledBehavior There's no higher recognition than having someone read your dissertation and say it's quite important 😂
Well, they don't *always* raise prices. Sometimes they lower wages. https://t.co/8ZxLoNclEE
@jonathaneyer @econhist_allday I would need millions before I started thinking about $40k cars
@RocCityBuilt @JosephPolitano Can I bill you for this wasted time? https://t.co/Pm0WzEY2Rs

Alex: “Hey kids, what do you want to name your baby sister?”
Little boys: “Baby Giganto!”
The time to build nuclear was 45 years ago. We missed the window... https://t.co/c7zBgJjO3B
O-1 has the coolest name of any visa category (“individual of extraordinary ability”) and we should take advantage of the considerable executive branch discretion around it to really blow out it into a great skilled migration program.
You can (and should) still get Pizza Hut pizza that is basically unchanged in taste from 1995. And I can see from where I'm sitting a 36 inch Sony CRT hooked up to an N64 and my copy of Goldeneye is nearby. Most of this is within your grasp! https://t.co/oLyybnYhoI
@M_C_Klein If a Senators blames someone for something they didn’t do that they should have, it’s called A Warren Omission Commission.
The vaccine mandate is a clarifying example of police unions being entirely indifferent to public safety, because there’s no risk at all to the officers and no real opportunity to frame it as somehow leading to more crime. They just think they ought to be exempt from the rules. https://t.co/CPtNhyRHFF
Once again, why would anyone give away drugs? https://t.co/AvTy178Lb8
This would be a very logical "premium twitter" addition that they could charge for.
No better feeling in the world than having your priors confirmed
I want to sidestep whether this is “cancel culture” or whatever. Do we think it’s a bad to have dept wide consensus that Peter Singer is too dangerous and offensive to have a public discussion with? https://t.co/xWgoNZYLDq
Some treasury market shocks, like March 2020, are unpredictable and unavoidable. Others, like the current debt-ceiling quagmire, are predictable and avoidable! Recorded a great show today with @RussoEcon on this unforced error for next week's podcast.
https://t.co/4QO0xmkIBx https://t.co/epxZdlivwM

Wow. From a grant to incentivize better zoning to a generic handout for planning. What an absurd joke. Cut this spending, its useless now. https://t.co/gMAhtx3diI
@econhist_allday You mean a novel price index, not an index of the prices of brand new houses, right?
RT @sam_a_bell: funny that Warren comes out against Powell *after* he said last week that he will defer to the new VC for Supervision on re…
RT @GregDaco: #Powell leading the #Fed to act early and go big in the early days of the global coronavirus recession is actually what prev…
RT @MarcGoldwein: Most people who make fun of Pogs:
-Own zero pogs
-Have never minted a slammer
-Have never participated in the World POG F…
@RocCityBuilt @JosephPolitano CPS microdata, which is why I would bill you high for this https://t.co/kVOhaUHj0z
Tucker Carlson and the populist right basically believe "The enemy of my enemy is wise, even if they believe in chem trails"
RT @elidourado: The first time I tried streaming video online, I must have been 16, and it was such a terrible experience that my reaction…
@RocCityBuilt @JosephPolitano No, many people have not retired from age 25 to 54, which is the group that line shows
RT @JosephPolitano: RETVRN TO FULL EMPLOYMENT https://t.co/Y6Sp8PmHCP

@ModeledBehavior It really helps solve a slice of the “how do you have meaningful interaction between a one-to-many audience?” problem.
@ModeledBehavior We’ll see some awesome northern lights, but unfortunately my camera won’t work
@ModeledBehavior Here's a little baby one from a couple decades back. A big one would wreak long term havoc on the electrical grid if not shut down quickly in response to rising geomagnetic induced currents. https://t.co/jq1QpsCLoN
@ModeledBehavior I can't believe that @RyanRadia has yet to win one for total mastery of the nation's datasets
@ModeledBehavior Yeah my N64 is plugged into the 2020 LG OLED TV. No reason to ever give that bad boy up.
@ModeledBehavior Think on the bright side: If there is a giant geomagnetic storm you wouldn't have to read stories like this posted to Twitter.
@ModeledBehavior You gotta start tweeting about car financing
In most parts of the country, we have achieved these goals and it's primarily thanks to the vaccines https://t.co/DsaqAzzATu

Between Dershowitz, Hay, and Warren it’s been quite the set of performances by Harvard Law School faculty. https://t.co/Acuz0jy5zq
@billhoagland Or, as @MichaelRStrain argued in NYT op-ed yesterday, GOP could get out of the way.
They don't have to vote for an increase, but they don't have to filibuster either, he said. (Unlikely, but worth noting.)
@DavidBeckworth Jumped on twitter this evening just to see if you had an opinion on this...evening complete.
The sophisticated version, by @jimtankersley:
https://t.co/GugAqDQr6N
Completely missing the financial stability forest for the trees. Sigh. https://t.co/nVguPqxZmS https://t.co/QHiLSWZizQ https://t.co/8WONpkQpUI

I hope this means that those who ideologically oppose Powell know he will be renominated and are making as much noise as possible to try to prevent it. If there was just one place (there are many, really) where bipartisanship and pragmatism should prevail, this would be it. 2/2
Tom Cotton asks General Milley why hasn’t he resigned:
Milley proceeds to stuff Cotton in a locker after telling him to drop and give him 50
https://t.co/Japuuppdjn

@DavidBeckworth Yeah, it’s insane. Powell has been great
@DavidBeckworth I guess you mean “monetary”? 😊 (sorry for trolling you today David)
YELLEN pinpoints the debt limit X date: Oct. 18.
So where are we?
-GOP blocked CR/debt limit increase
-Dems will have to decouple to keep govt funded
-Now clear, they have about 2 weeks to sort this out.
Longer it takes, more markets start to freak.
https://t.co/AzRubsUEdx
Powell is an excellent public servant & monetary policy steward amid tough times. It's reasonable to argue US banks could be more tightly overseen, but they are strongly capitalized. Whether one is for/against him, calling him "dangerous" is gratuitous & flies in face of facts. https://t.co/EmCMl1L8ow
In Storm’s critique of Mian, Straub & Sufi, I take the point about aggregate savings not having increased.
What I miss in both stories is the evolution of the social organization of savings. Doesn't it matter who manages savings, and how? 1/3
https://t.co/XzxKce2h7Z https://t.co/h1Zt1pk8Vu

One could be forgiven for thinking alcohol consumption trends drive long-term interest rates. https://t.co/kHR1JvCcyz https://t.co/X1OL3XoZgG

@DavidBeckworth I’ll try to make one for you. Pinky swear.
@MorganRicks1 @TheStalwart Doesn't the pandemic provide strong evidence that stabilizing nominal incomes is sufficient for financial stability? If ever there was s shock to financial stability this was it. And yet, fiscal & monetary efforts to stabilize incomes seems to have prevented a financial crisis.
RT @IrvingSwisher: Financial stability is all about how balance sheet constraints effectively bind. Balance sheets are composed of nominall…
@WilliamJLuther @Pat_Horan92 There is always the 'Five Below' chain of stores (all goods between $1 and $5). https://t.co/iBYNTK12i3
RT @M_C_Klein: Catching up on the Z.1 and it's interesting given all the hoopla about the expiration of the SLR exemption on March 31 that…
RT @RobinBrooksIIF: This is an unbelievably good line-up on the debt limit. Brian is Vice Chair of the TBAC and Josh is unparalleled in ter…
Put differently, Chair Powell ❤️ level targeting! https://t.co/8s3teTczDT
@sonusvarghese Well, Nominal Income Targeting = Nominal GDP Targeting. So hopefully folks see both with the current mug.
RT @DavidBeckworth: So the chair who got us thru the sharpest recession on record, who ushered in a new framework tilted more toward full e…
RT @TheStalwart: The more I think about it, the more odd it is to say that Powell has been "lucky" not to have experienced a financial cris…
Nominal income stabilizers of the world, unite! https://t.co/8nAD2lB2Ni
RT @R2Rsquared: Very much worth listening / reading this interview. A great example of academic research bringing clear light onto messy po…
So who has a great labor market dashboard with multiple indicators? Looking for a one-stop shopping labor market web page. Thanks!
RT @dandolfa: Underappreciated fact. Yes, foreigners own a lot of our debt. But our debt pays low interest rate (like bank deposits). On th…
@mmameg @tomkeene @MaMoMVPY @lisaabramowicz1 Total compliment!
@mmameg @tomkeene @MaMoMVPY @lisaabramowicz1 So relatable! https://t.co/qgSePs0qRR

RT @GeorgeSelgin: Now if only the Powell would call a spade a spade: a stable income growth policy is called "NGDP Level Targeting," not "A…
RT @AlexNowrasteh: More than 86 million immigrants have entered the United States from 1783 to the end of 2019.
https://t.co/rWLjwBZV0B h…
@mmameg @tomkeene @MaMoMVPY @lisaabramowicz1 Hero!
RT @Macro_Musings: .@HannoLustig on the global competition (or lack thereof) for supplying safe assets: https://t.co/NHyN9eep35 https://t.c…
Deja Vu?
Trump 2019: Powell is our "biggest enemy"
Warren 2021: Powell is a "dangerous man" https://t.co/wjZLgHbNu3

@JuliusProbst One could be forgiven for thinking this rhetoric came from Trump in 2019.
RT @jeannasmialek: Just realized that if someone makes a Powell doc one day, the trailer is def going to be (pls read in movie preview voic…
RT @RobAtkinsonITIF: Overly strict labor regulations re employment protection hinder robot adoption - slowing productivity and per-capita i…
RT @LucaFornaro3: How does the exchange rate regime affect the macroeconomy? A (longish) thread on a growing literature suggesting that fin…
RT @sobel_mark: Powell is an excellent public servant & monetary policy steward amid tough times. It's reasonable to argue US banks could b…
RT @biancoresearch: Powell update ...
He is at his all-time low (but again well ABOVE 50%).
Brainard is at a new high (but well BELOW 5…
RT @R_Perli: How can one genuinely say that banks are less safe today than in 2008? Aside from the much tighter regulation, they just weath…
So the chair who got us thru the sharpest recession on record, who ushered in a new framework tilted more toward full employment (and indirectly a boon for financial stability), who has unmatched political capital in DC, and said he will defer to VC for supervision is a risk? https://t.co/YiFxLWpJCf
RT @sam_a_bell: funny that Warren comes out against Powell *after* he said last week that he will defer to the new VC for Supervision on re…
RT @TimDuy: Over a decade later and Warren can’t move on from the fincancial crisis.
⬇️ Great thread on viewing safe asset dynamics from a money perspective. https://t.co/ICgn7e2F5w
RT @itamarcaspi: @i_aldasoro @DavidBeckworth I agree. If things are stable long enough, inattention becomes pervasive, and it could backfir…
@i_aldasoro Fair. Plus, I am often a step too far! My bigger point is that it hard to evaluate inflation expectations overall (not just from households) if we don't account for the possible policy feedback to them.
RT @KateDavidson: YELLEN pinpoints the debt limit X date: Oct. 18.
So where are we?
-GOP blocked CR/debt limit increase
-Dems will have t…
RT @ProfKateJudge: First @michaelsderby exposes trading that forces two Federal Reserve Bank Presidents to resign. Now three of his colleag…
Yes, this speaks to the identification problem so many inflation expectations critics miss. https://t.co/x9FRmg3bGv
RT @ylanmui: SIREN: Yellen says Treasury will hit debt limit Oct. 18 ##
@r_deilke @HannoLustig @m_maggiori @helene_rey @MarkusEconomist @R2Rsquared @pogourinchas So it does make sense in terms of a framework. One can question whether the inputs (e.g. projected real primary surpluses) are measured properly, but that is a different question. (2/2)
@r_deilke @HannoLustig @m_maggiori @helene_rey @MarkusEconomist @R2Rsquared @pogourinchas Think in terms of real resources. Monetizing debt and pegging nominal interest rates at zero doesn't eliminate the the real intertemporal government budget constraint. The treasury valuation exercise recognizes these real resource contstraints and prices bonds accordingly. (1/2)
RT @scottlincicome: 🚨OUT TODAY🚨My @CatoInstitute White Paper, "Questioning Industrial Policy: Why Government Manufacturing Plans Are Ineffe…
RT @AmbrogioCB: Great episode, covering an impressive amount of fantastic papers by @HannoLustig and co-authors + related papers in the lit…
@DavidBeckworth Perhaps a "Nominal Income Targeting" mug is in the offing?
@i_aldasoro @DavidBeckworth I agree. If things are stable long enough, inattention becomes pervasive, and it could backfire when a large enough shock hits the economy.
Here is an excerpt from this great book:
https://t.co/k1jtoLVM7N https://t.co/o7dSW4OYyv

@DavidBeckworth Warren is hard woman to please Lol whoever sits in that fed chair, will not satisfy her for sure other than herself Lol
Putting the @Ford announcement into perspective: The Kentucky campus will employ 5,000 workers. In 2020, there were only 3,500 coal mine jobs left statewide.
Gotta say I feel pretty confident that Australia is freer than China.
https://t.co/F9OqQWXHvr https://t.co/mFxaQzH0et

@jmhorp @wwwojtekk It's funny how my "Buy Big Boat" plan with my retirement funds works the same way. All these years wasted not knowng how free works.
@wwwojtekk I believe you. Still, I think this means you owe me lunch
I'm sure that these brave West Virginia voters will convince him. https://t.co/OQl1Azc5Ku
This is Sampson. He had a serious infection at just 5 weeks old. He survived, but with permanent damage to the left side of his brain. He’s healthy now, but does a few interesting things as a result. One of which, is somersault. 14/10 https://t.co/CxcCdkErBG

Amusing disclaimer often made in carbon dioxide removal circles: “CDR is in no way a substitute for cutting emissions.”
Which is funny because it is literally a 1:1 substitute.
Rather than fib, it’s better to say that the scale of the problem is such that we have to do both.
"Perhaps the most striking of our findings revealed that vegetarianism/veganism is 76% heritable in this population." https://t.co/Uqds7WOCsi https://t.co/n7rl6AOvm8

The sprawling application of the Implicit Association Test is inversely proportional to the methodological quality of its measurements. https://t.co/5ucC9EXvuB https://t.co/ntwQcLNkeU

Envy of better-looking fellow females incited women to spread negative gossip about them. https://t.co/kgA7vJg2ik https://t.co/ndAUgLZ5d6

"People more often eat the same meal every day at breakfast than at lunch or dinner." https://t.co/6rLKfddxG4 https://t.co/VDajZmlgUY

Thirtysomething: In hindsight, people consider their early thirties to have been the best years of their lives. https://t.co/BzOfexj4py https://t.co/tC7sgpBjlZ

Contrary to previous suggestions, there was no systematic influence of temperature on moral decision-making. https://t.co/naxEO2G76B https://t.co/ql1oYHQ5y9

The prophecy has come true
https://t.co/98Syg2LzOC https://t.co/seb6OZQZqw

Wild. The Conference Board says that China's total factor productivity has SHRUNK over the last 10 years. (Standard sources have it growing at a ~0.7% annualized rate over that time.)
https://t.co/we978uEKU1 https://t.co/UIS5rUGPGu

Programs for the poor are more popular programs. https://t.co/Yag8d5ZsuR
🚨OUT TODAY🚨My @CatoInstitute White Paper, "Questioning Industrial Policy: Why Government Manufacturing Plans Are Ineffective and Unnecessary". It's a deep-dive primer on all things IP - what it is, common criticisms & justifications, foreign IPs, etc.
https://t.co/s0IP82wQL2 https://t.co/Jt3PluLsOU

@wwwojtekk And like that you've found the title of your bestselling airport book.
one of the funniest emails i've received all year https://t.co/iSLG7iBMrA

If I were a Democrat President, I would simply do the things on the right and avoid the policies on the left https://t.co/8cmiieBXPM
United Airlines is over 97% vaccinated, facility and *staff* at Columbia is 99.7% vaccinated. It is not rocket science, just clear incentives
My mental model of it is that there are people that have a form of preference to object and they will do it when it is cheap to do so, so you just have to put a bit of cost on them and most of it evaporates. Employer mandates and lifestyle restrictions are perfect for that.
@srajagopalan Thanks. Not to forget, the suberb lyrics by Balkavi Bairagi, a remarkable poet-politician from Madhya Pradesh.
https://t.co/YNqcMQ62mj
@jmhorp You say it's true but I've never done it, and it sounds fake.
I'm honored and completely overwhelmed by the recognition from @macfound and @HHMINEWS. Flexible funding with a multi-year commitment is the professional scientist's dream and I'm incredibly grateful for this opportunity. 1/4
In defence of price-gouging in emergencies https://t.co/HPmTX8yr0v
@MilanV Milan, we are not speaking about ‘that which shall not be named’ …..
Since twitter is buzzing with Lata Mangeshkar’s birthday, my favorite Lata song is Tu Chanda Main Chandni from Reshma aur Shera.
Lovely music by Jaidev Verma who was Ali Akbar Khan’s student.
And Waheeda Rahman makes everything lovelier.
https://t.co/y3DaqpB6UR
Super important effort! And an incredible team. 👇 https://t.co/DXg3k6Phry
RT @AngadDaryani: We eat 2-4 times a day, and put thought into what we eat. We breathe 22,000 times a day. Why not put thought into it? Hav…
Why is she worried about the Fed when all bankruptcies are medical anyway? https://t.co/5l5MRBmt0W
A 25x increase in income is even higher than the literature predicts!
@jdcmedlock It seems quite possible that it will play out differently, yes. But do we have evidence, beyond the popularity of Medicare and a couple of other non-means-tested programs?
Your regular reminder that not every game is a Prisoner's Dilemma, and that the dominant strategy is not "defect" when "defect" hurts you without hurting the other player at all. https://t.co/xY4SDlliTW
I don't agree with this. Of course we know corporate taxes impose a burden. But given that the distribution of that burden relies very heavily on uncertain assumptions, seeing analysis of individual provisions separately is helpful. https://t.co/kUMumHp7qI
Florida Man, meet California Woman https://t.co/IftwBLcyNJ
@AlexNowrasteh Tempting though it must be to unify two storied houses, you probably don’t want to precommit your daughter to marrying the scion of the Underpants dynasty.
@csilverandgold Taking Biden hostage to threaten Manchin is the worst possible strategy here...who has more to lose from a failed Biden presidency, Manchin, or progressives? That's not a rhetorical question!
I'm aware that this is what local news does every year but -- if the product is called "Stoner Patch Dummies," that product is not "laced," that product was purchased at a dispensary for like $35 and is definitely not being handed to your kids. https://t.co/tSmw419QZ5
As a responsible parent, I confiscate and test all of my kid's THC-laced candy the *second* she gets home from trick-or-treating. https://t.co/plmB1iY7Bx
These are mostly standard arguments, but a typo on what was presumably supposed to be “interplanetary species” has finally given us the ironclad argument for space settlement we’ve all been looking for. https://t.co/RUjUbBHjal

“there's nothing intrinsic to nuclear that leads to cost escalations” https://t.co/HHnb5mlZs7
For all the signs of recovery, New York City employment is by no means back to pre-crisis levels. https://t.co/SldZq5CUY8 https://t.co/SX7KtwGOa7

@sherships @AspenInstitute @DarianWoods @theindicator @s8mb @johnrmyers @NatGeo @wkh3yalecom @YaleNews @RudeBarista @TheDieline The link was meant to go here https://t.co/WUA59qxP5t I think
Powell is asked if the inflation we're seeing is broader and more structural than earlier in the year.
"Yes, I think it's fair to say that it is."
Supply bottlenecks "have not only not gotten better, they've actually gotten worse." He points to ships parked off the port of L.A.
A deep dive into the mechanics of the world's most indebted real estate company https://t.co/1pfvWX69CK
@mattyglesias @BrendanNyhan @hakeemjefferson @vbhoyo These appeals have been part of Dem politics for a long time; there have been universalizing trends that have taken what used to be understood as explicitly transactional politics and created unintended audiences for it. It's context collapse.
How many rich people go to community college? Come on. https://t.co/cc1PZruUbU
NBA Vaccine Day was another example of how "I did my own research" has taken on unnecessarily conspiratorial vibes.
But, like, I did my own research on the vaccines, too! It turned out they reduce rates of COVID transmission, infection, illness, severe illness, and death.
One day our grandchildren will ask us, how did you cope with this pandemic back then, when one in 500 people around you died, and all we'll have to say is well, we got used to it. https://t.co/VZBIqPtVfU

@scottlincicome @nberpubs Privatization fixed a lot of crap.
thought this was a #DaftPunk reunion announcement at first glance and got unnaturally excited. https://t.co/NpskmZqYlC

I’m really interested in the idea of a personal dashboard.
You could take data from different pieces of my life and display it as a widget on an iOS home screen or a complication on an Apple Watch.
Is anyone doing this? https://t.co/PCn1IKoNtL
@Noahpinion You're right; this is a hostage situation where the hostage is either non-corporeal, or is actively belching carbon into the sky.
@Noahpinion Also in places like San Leandro - three-way mix of Latino, Black, and Asian, often in the same person (many of which are absurdly attractive). It's the future.
If progressives kill the infrastructure bill, they'll keep lead in the drinking water of millions of marginalized people.
And they'll starve trains and buses of funding all across America.
And they'll show Dems can't govern.
DON'T DO THOSE THINGS.
https://t.co/elVn2hsp9I
@Noahpinion Yeah take your own advice 👇 https://t.co/bhG3BADtrY

@Nate_Cohn @mattyglesias After 2012 a new generation of staffers entered into the Democratic party with empirically incorrect views about the composition of the electorate and the effectiveness of persuasion and the net effect was that a lot of the previous CW was seen as obsolete
Fair point, I also tend to slaughter, rape and pillage when I'm confused, unless war has been officially declared in which case I restrain myself https://t.co/BZ0FK1qtJ6
If you're an IQ Bro who spends all his time on Twitter talking about how important IQ is, I want to see you become a diehard crusader for lead pipe replacement.
https://t.co/vigNmeLmTy
Over the last month I have been in the Basque Country, Catalonia, and SW France. I saw some lovely places. Here is Béziers, which to me was a city of large ornamental gates, a mix of narrow alleys and wide boulevards, and almost uniformly cream-coloured buildings. https://t.co/3q8027iI93

One problem with the "big opening bid" theory is that people don't necessarily know what's "big".
If the $3.5T bill gets cut down to $2.8T, was it gutted, or was $3.5T just a big opening bid?? https://t.co/L71CeVoG38
@csilverandgold Hold out? Manchin doesn't care about the infrastructure bill. He won't take any loss at all if it fails. It's like taking some random store clerk hostage to try to stop the bad guy from getting away with the McGuffin. Bad guy just laughs and walks out the door.
@Noahpinion Seems like most of these areas are in the suburbs now
@jessesingal They think more than 150,000 Americans have been killed by the vaccines.
don't get it twisted yall https://t.co/MhcGWS7VHz

Pass the damn infrastructure bill, dammit (@noahpinion / Noahpinion)
https://t.co/Lx1wWH5UWh
https://t.co/MwXOhItw7c
"Tactical urbanism"!! https://t.co/NGKvJlsEid https://t.co/fVczkfddV2

We urgently need more social science research to figure out why Americans care so much about federal budget deficits. https://t.co/EcoOTo49hf

vivid and to the point #synesthesia https://t.co/lf05d8oMOL
AND a diehard crusader against air pollution!
https://t.co/30qhNEUhj4
@EEMthethird @Noahpinion Sir take that back, I was contemptible well before I got my jd.
He just wants freedom from his eternal servitude https://t.co/br5ETAQNN4
The bipartisan infrastructure bill would be a huge win for progressivism.
It would get rid of lead water pipes in America.
It would pour $105 billion into trains and transit.
It would prove that big government is good for the economy.
TAKE THE W.
https://t.co/elVn2haNL8
@Noahpinion I worked at our law school CLE as an undergrad. Our director had a post JD degree & insisted we refer to him as Doctor. He made me write essays for the Federalist Society newsletter despite my being a public employee and 18. They were not good, because of incompetence and intent.
That said, Dazai seems to have been more of a beer guy. https://t.co/NbiYREPztT

@AngelicaOung @noahsmith @noahsmith or @Noahpinion ? Does have the given name Noah Smith automatically mean you have 🐇🐇🐇?
I just tried to write "violence begets violence", and my keyboard corrected it to "violence Vegeta violence"
Time to log off
Jesus f***ing Christ get the lead out of drinking pipes right now https://t.co/WytYmo6ZlE
New Pew research finds that Twitter is used by the 23% of Americans who think "I beg of you", "You idiot", and "Imagine thinking this" are persuasive arguments https://t.co/8p8rvz6VCR

@thought_less_ Courage to do what, buddy? Spike a good bill that Manchin doesn't really care about, just out of spite? Yeah that's real mature. 🙄
Wow, I didn't even know China was keeping some American hostages too! https://t.co/NltaBchZVC
Kai Strittmatter's "We Have Been Harmonized" really home the point that under Deng, Jiang, and Hu, China really did create a novel, flexible, adaptible new form of autocracy...but then Xi Jinping came in and started turning it into something older and more familiar.
@puremalarkey Again, I think you're confusing public opinion with progressive Twitter opinion here, but now we're going in circles. Anyway, I will circle back when stuff happens, and we can see!
@puremalarkey They could never receive anything in return because no one else really cares about the infra bill. So pass it, because it's good, then use that success to gain popularity and help exert more pressure on Manchin by whatever methods do exist for exerting pressure on Manchin.
@bengrossbg Second one is to stop people from talking down to you
Today in Reply-Tweets: You're allowed to talk down to people about society if they have only ONE law degree. https://t.co/hK0Y9QDkEy

@wolfe_herb I can't drink or do any drugs, medical issues
@puremalarkey If bribery works, DO THAT SHIT. Hell yeah.
@puremalarkey I mean, taking lead out of pipes is gooder than not taking lead out of pipes. Honestly that's something I never thought I'd see done in my lifetime.
There are so many things about the pre-internet age that I want to go back and experience now that I've learned of their existence via the internet
RT @Matt_Alt: I've written extensively about Japanese sensibilities inflecting global youth culture, but never imagined Osamu Dazai going v…
@stan_keshi The connection is psychological. It's not in the genes.
@puremalarkey Conservatives don't have any policy plans except preserve the status quo and ban CRT and abortion at the state level. They already got all their tax cuts. What's left to bribe them with? They're just gonna sit there and block everything as long as they can.
@puremalarkey I think the "until they get some of what they want" part is the flaw here. It's like step 2 in the Underpants Gnome plan. Remember, if Congress passes absolutely nothing, conservatives pretty much win.
@stan_keshi I mean, I share genes with my ancestors, but the idea that this means I share ownership of a nation with them is purely psychological.
@puremalarkey If conservatives have a majority in Congress, they can do whatever the hell they want, legislation-wise.
@AImas8706 His name is Giggles, but that's similar to Gigolo
@stan_keshi That's the ADOS view. But I think connections are in our heads, not our genes.
@stan_keshi I don't think your genetic definition of "replacement" makes any sense...
@puremalarkey I mean, America is more conservative than us, and America's governing class is more conservative than America, and this is a problem. And it's a problem I don't think we can solve by refusing to remove lead from pipes.
@stan_keshi I mean, I just don't care about "founding stock" as much as you do. Or really at all, tbh. Like...who cares if you share genes with the Mayflower people? That means zilch to me. I don't understand why I should care about that. America isn't in the genetic code.
@puremalarkey Conservatives didn't even want to spend money on infrastructure. They definitely didn't want to give Biden a legislative victory.
@heynottheface @samdman95 Who ever got blamed for killing a bill they voted for?
@puremalarkey I mean, they are really bad. But what can we do to stop them? I believe we can do something, probably. But this is not something that will stop them. It just isn't.
@stan_keshi The point is, America's racial composition has changed. We are now only 73% White+Black. I want to know what that does to our society. I'm pretty optimistic it will be good. But I want to understand the changes.
@stan_keshi I feel like you're just making up new definitions for common words in order to justify misuse of those words.
@monopaulist Well, more than fractious, it makes them look chaotic and hapless.
@puremalarkey Blowing up the infra bill to get Manchin is like hitting Manchin in the knee with our nuts.
@puremalarkey Yes, because I don't actually know how to threaten them. I assume there are threats. I just know this isn't one. This isn't a threat. So let's not tell ourselves it is.
@Theophite Manchin and Sinema will take no heat if progressives vote down a bill that Manchin and Sinema voted for. So blowing up that bill is simply not a credible threat.
@jaycaspiankang Yep. Suburbs have always been the engines of integration in America, possibly because they're just so hellishly isolating that you have to hang out with whoever there is.
@stan_keshi So if your parents die and you're still here, you didn't replace them because you're genetically related to them??
@puremalarkey The answer is no, of course. So the question becomes how to credibly threaten them. And blowing up infra just isn't any kind of a threat to them. So use the threats we do have.
@Theophite @samdman95 Draw me the strategy payoff matrix and tell me if we're facing a prisoner's dilemma, hotshot
@samdman95 Whoa, they broke a promise? HOW FUCKING DARE THEY, who could have ever foreseen this.
Well, some assholes broke a promise, we better blow shit up now
@puremalarkey There's just no convincing argument here that killing infrastructure, or even just threatening to kill it, will exert any kind of leverage over the centrists. If I thought it would it would be a different ball game.
@puremalarkey It's stream of consciousness, but it's also based on the conceit that progressive Twitter's opinion corresponds to public opinion. And when has that ever proven to be true? Such inside baseball. I'm sorry.
Important news: Despite having lost a bit of weight, Cinnamon is still fat ❤️ https://t.co/BUKmcOKmEw

@ringtrick I mean, I was going to praise Haitian immigration specifically, but I realized that no one actually cares anymore.
Anyway, killing infrastructure will not hurt Manchin; he voted FOR the bill. Threatening to kill the bill will not compel Manchin to support reconciliation; other means of compulsion must be found.
Vote for the infra bill because it's good, and because it's progressive.
(end)
@puremalarkey Nobody takes heat for the death of things they vote in favor of!
@puremalarkey They voted for the infra bill. If it dies they won't take the heat; they voted for it. The complex idea that its survival hinged on a deal about the reconciliation bill will not make it into the heads of American voters; it's far too complex.
Was going to write a post about how well Haitian immigrants do in America, and then I realized it doesn't matter, because the people who really care about halting immigration don't actually give a shit about that, and everyone else already likes immigrants. https://t.co/UN4Z26Ba4O
@ImNotOwned @Taara535 Why are people acting like this is an alternative to the reconciliation bill? The idea that killing this bill will hurt Manchin in any way is fantasy.
@JimJamison84 Days or weeks are fine. But if that turns into months, it saps Biden's momentum, and that will be bad. Most worryingly, if Manchin calls progressives' bluff, and they actually vote DOWN the bill, that's a disaster.
@puremalarkey It's not fine; Manchin and Sinema are horrible. But can they be compelled by threatening the infra bill? If it goes down, they don't take any heat. They were fine not passing infra in 2019, and 2018, and 2017, etc. They'll be fine. This is not leverage.
@TheOmniZaddy I mean of course they need to do this, but threatening the infra bill is pointless; if it fails, Manchin and Sinema won't take the blame for its failure. So there's no leverage there. Instead, simply put them in the spotlight as the obstructionists they are.
@puremalarkey There's no goddamn leverage there. If the infrastructure bill fails, Manchin and Sinema won't be blamed; they voted for it.
@TWOMARD @BrandyFromTX Whether the infra bill passes will have no effect on their votes, unfortunately. If it fails to pass they won't take the blame.
@KI7BDA They are really good with fatty food, not as good on their own. In my opinion.
@wophugus Both are true, and both perspectives will continue to oscillate as needed in the future.
I should start talking to people like this of anyone brings up anything about confectionery (thankfully no one ever does, because I'd be insufferable). https://t.co/g19fpReVNz
@Noahpinion Yeah, this is not a great way to strengthen the breadth of their appeal, though perhaps it comes across as more noble than hapless to the base.
@Noahpinion @Theophite @samdman95 Sinema and Manchin win because they get nice lobbyist careers to fall back on, and America gets nothing because that’s what we ultimately want.
@Noahpinion I needed this. I just had a package stolen for the third time in the past two months. Cinnamon soothes my rage.
@Noahpinion I think the strategy here is more like: “threaten loudly to defect while stalling for a couple weeks and then sulkingly cooperate when the obvious bluff is called.”
It doesn’t accomplish much, but maybe it maximizes news coverage or something?
@Noahpinion Also, I support giving pet rabbits exotic dancer names. Is the other one named Sapphire or Tarzan?
@Noahpinion 楓糖 Fengtang, means maple syrup (named by @kejjmad)
@Noahpinion @stan_keshi I think it'd be more reasonable to say that most people won't care about it.
@stan_keshi @Noahpinion You can think of nationhood as a: (1) blood and soil, or (b) shared ideals and shared purpose. In the first concept, ethnic demographics is integral for nationhood, in the other it isn’t. Which one are you for?
@Noahpinion The Jiang and Hu mode had serious shortcomings, which gave Xi legitimacy as he went the other direction.
@Noahpinion Among my questions is how did she aquire the bear urine?
Just blocked somebody for talking shit about @noahsmith’s rabbit.
@Noahpinion I already think you are an idiot if you have ONE JD, much less two. That is contemptible.
@Noahpinion linking this here since I *did* type up a whole bunch of counterarguments I don't think anyone saw because I apparently dislike myself
https://t.co/hJPDikBqRM
@Noahpinion So he paid double? Can’t be a smart decision.
@bluefiddleguy @noahsmith @Noahpinion Oops! apologies @noahsmith, although I would also stand up for your hypothetical rabbits. Yes @noahpinion’s rabbit, specifically Cinnamon.
@Noahpinion @znmeb Right, sometimes it's an Iterated Ultimatum Game
@stan_keshi @Noahpinion Consoles were banned in China for like a decade
Please tell me he responded, "That's right! Chair...Woman. I *am* dangerous." https://t.co/rZHJUk6Cn1
@jasoncrawford Thanks for the link! What's your take on this piece? https://t.co/vugghdF9b5
Huge contrast with Biden coming out for vaccine mandates which electrified some, pissed off others, but all in all got folks talking even though the actual policy steps he embraced were very modest.
People care about Covid and the short-term economic situation, not this stuff.
Yeah, that's not right. There's definitely a cost to using resources. That's definitely true even if you raise enough offsetting revenues that debt doesn't rise. https://t.co/xBaNe5Rvpp
Not good. Used car prices clearly back on the upswing. https://t.co/1mhzQ34jDX https://t.co/rfDv4IiFMP

Ravens playing in the snow. Play is common in intelligent species – and ravens are extremely intelligent birds. https://t.co/L7RSXt4vCb https://t.co/KnlJzfBGyh

okay but dimes *should* be bigger than pennies, @TheStalwart
#mintthecoin #butonlyifitsmassive https://t.co/D4cCqmVdn5

To those who continue to argue that repealing Section 230 protections will be good for online speech…
You’re completely and utterly wrong. You’ve been repeatedly told so and now you’ve been proven so. https://t.co/YaiGOsUPJp
People used to drive across the entire country without GPS. Strange but true! https://t.co/kaRQ4JgxYm
Europe is now split in two.
– High vaccination coverage in the West, low coverage in the East.
– Mostly falling case rates in the West, rapidly rising case rates in the East. https://t.co/mBdZHKFXPy

The Ancient Greek term for "adulting" was οἰκονομία, that is, "economics".
@StefanFSchubert @TomChivers @anderssandberg There's a whole literature around this in relation to famines, which illustrate the moral issues better than the generator. If people are allowed to "price-gourge", they will bring food and water to the affected area + locals will pay whatever price rather than starve.
@JB_London1212 @patricklohlein @StefanFSchubert @TomChivers Sometimes inequality is a totally acceptable trade-off for getting supplies when there is a disaster.
spot on analysis of what has become of modern conservatism. The ends now justify the means.
"Trump finally exposed the division, and in so doing revealed that what’s left of the conservative movement... has become explicitly pro-state, just so long as it controls the state." https://t.co/O2q3YVIIPh
You have one week @US_FDA. NOW MOVE! https://t.co/bsWebFUvbQ
Breakthrough cases of polio—including deaths—were common during early polio vaccination.
What kept us safe was not perfect vaccine efficacy. It was that Americans quickly & massively stepped up to get the imperfect vaccine, quashing transmission.
From: https://t.co/djYf0JmWnQ https://t.co/PiGRHYcct6

It’s just wild to me that several of our major environmental groups are actively anti-environmentalism https://t.co/J889CGsCWO
@jmhorp If you told me before the pandemic that nurses would be fired for refusing vaccination I'd be like yeah damn right lol
We’ve all read about the vaccine hesitant who don’t get a shot. But who are these 65+ folks who got dose 1 but not dose 2? What’s their story? Felt ill after dose 1 so avoided dose 2? This is Illinois below. That’s a 17 pt gap! Can any of this be data/tracking issues? https://t.co/2DOx3z9GfO

This is amazing. I mean it's just a thing that happens. If a restaurant has a profit margin of $9K a month and you raise its taxes by $10K a month, do you think the owner will say "damn, we gotta lose money every month"? or do you think they'll raise prices? https://t.co/r3IdbPg3ch
I went to the ER the other night (I’m fine) for not covid. I never saw a doctor after waiting for 6 hours. I ended just leaving because my test results were emailed to me & said all clear. I’m in a highly-vaccinated area. The place was absolutely bombarded. Get your shots. https://t.co/1d3EV4yG4Z
This paper is what happens when academia gets infested by people who want to be use credentials to be pundits who can whack people from a tribe they dislike. #econtwitter https://t.co/D00UYyeton

@AlexNowrasteh if someone can earn 50k/year here that is great and I can't wait to welcome them 🥰
Remember, the correct solution to the trolley problem is to purchase trolley offsets.
Meet the Buton tribe: the inhabitants of the island of Buton in Southeast Sulawesi developed characteristic blue eyes [read more: https://t.co/WoLsSzWgdM] https://t.co/42QLSM73oN

The male Flemish Giant rabbit can weigh up to 22 pounds (10 kg) and the female can get up to 20 pounds (9 kg). At most, they grow to be 2.5 feet long (70 cm) [read more: https://t.co/RFkeSt0pdV] [source of the gif: https://t.co/CdiiM4VlQ4] https://t.co/LOn9Sno5X2

Wow, if we could get our national vaccine rate to 99.5% like this hospital system, that would be amazing! https://t.co/GdkHQbw9e5
Coin Center wrote an open letter to the W3C: decentralized identity standards shouldn't be waylaid by erroneous and unrelated environmental concerns. https://t.co/Bp7BBRRgXS
@scottlincicome The difference between normative and positive analysis can be so hard.
Nope. Please check with people who understand how reconciliation works before asserting something like “that’s the game.” Ds have an open debt limit instruction unlocked by 304 revision that can move as a standalone rec bill - separate from existing rec bill. No trick here. https://t.co/EvR702C1rS
It's the virtual #taxtwitter video lunch chat you've always wanted. https://t.co/dioUTqoCFb
"... a new contest is brewing between America’s two mightiest carmakers that may be the most momentous in a century. It is the race to electrify their fleets, and especially pickups, the biggest source of profits for both companies" https://t.co/47TXgSeTVH https://t.co/47TXgSeTVH
This is your periodic reminder that we need to kill the Jones Act
I'm a broken record here, but whatever is happening on Capitol Hill right now is functionally incomprehensible to anyone whose full-time job isn't paying attention to it.
This is why the sopranos is completely separate from all other tv, especially its prestige successors, it’s anna karenina, people are going to be talking about it in 100 years https://t.co/g1RZ3FvMQ0
in the sense that the best things (michael jordan, steview wonder, picasso) are underrated, FRED is immensely underrated
@RichardRubinDC Who determines what's on the menu?
Who might be benefiting from this very specific combinatoric choice?
Individual ✅
Corporate ❌
Excise ❌
Payroll ✅
Estate ✅
That's a highly specific idea for how to score things. Where did it come from?
Senator Warren formally opposes Powell's renomination calling Powell "a dangerous man"
@K_Sheldrick @KelseyTuoc Thank you for fighting the neutral fight!
Would really dig seeing Biden rock a Matt Lesko suit. https://t.co/3CCiVXi7sN https://t.co/M9gVqP4oGi

Thoughtful thread from @nsarwark on vaccines, mandates, and libertarian ideas. https://t.co/SoLozq116O
This looks really interesting.
In general, it seems like *statistical* consulting could be a really valuable niche to address data questions in politics, business, academia, government, non-profits, etc. https://t.co/eSaWybRza5
An old fashioned Peter Singer cancellation, how retro.
https://t.co/eaQuSooM4X
Means-tested programs are often more popular. But there is wide variation in public support across Democratic proposals & it doesn’t line up well with elite-perceived ideology
https://t.co/f0IVxnaS3R
The tendency is to bucket everything into either a sh*thole country or a Salvation Army country. Bomb them or patronize them, or bomb them and *then* patronize them.
The idea of foreigners as genuine peers, economic competitors, or true partners is surprisingly foreign.
The thing that raised eyebrows (at least mine) is that the table (and how the table is presented) seems to be evolving as Biden's pledge is evolving.
Rough optics, at the very least.
https://t.co/cqc5JBRQ6B
4/
"The World's Most Innovative Countries" https://t.co/nXwDM3iG9z https://t.co/DnJXjyVjHU

Personal dashboard + community dashboard?
Well, that sounds exactly like what we’re building for your health at @joinvital 👀 https://t.co/6OrQGa5BcN
My ‘neat’ paper on illicit secondary markets for bourbon (with @tomshohfi) was accepted today at the Journal of Economic Behavior and Organization!! 🎉🥃🎉
PDF: https://t.co/UKk1CgrMRv
Tagging some bourbon fans who might be interested - @jmhorp @C_Garthwaite @kteltser
@AlecStapp That’s a small sample of SK plants at a price/megawatt point about even with other countries. Not sure I’d read much into it.
The Ways and Means reconciliation package includes a small pare-back of the TCJA's tax on returns to large university endowments, yet I have seen absolutely zero right-populists talking about how the Build Back Better plan includes "tax cuts for Harvard."
C'mon, this is easy.
They were smart. We were smart. They had Spassky, We had Fischer. They had Shostakovich, we had Van Cliburn. Vysotsky v Dylan. Landau v Feynman.
That was a long time ago now.
Oddly, some things now actually make me miss the Cold War with Soviet Russia:
https://t.co/OiKVU6bbjw

Replace legacy media on every channel. It can be done, it will be done. https://t.co/3yNVDgzg3F
We lost a very good boy today. Until we meet again, my dear friend. https://t.co/ykjMn4dP09

A lot of folks are trying to change subject or motte and bailey this. Psaki said the idea that businesses would pass tax hikes to consumers was “unfair and absurd.” It’s not a boffo defense to say “What about tax cuts!?” Or point to some hypothetical or anecdote. https://t.co/D0SbNtzwbs
'Both the Soviet Union and Nazi Germany banned jazz: neither Nazism nor Communism could tolerate a music that encouraged finding one’s individual voice within an ensemble setting.' Great essay on birth of 'cool' by @JoelDinerstein. Via @KerouacDotCom https://t.co/4J38uA6YcR
@conlon_chris @wwwojtekk “Forget nudges: The surprising power of prices and prescription to push up profits”
Here is Scott too, for instance:
https://t.co/pJbyFGfdK5
While statisticians, data scientists, econometricians, etc. handle data questions within organizations — I guess it's common enough that people run into more complicated problems; which other people have much more experience with.
Those people could consult.
It would be amazing if Sinema's stand on personal/corporate income tax hikes leads to a carbon tax.
If you told someone in 2003 that a former Green Party activist would get the U.S. a carbon tax in 20 years, you would not guess that causal chain.
@balajis But... but... that would decentralize and disempower the Deciders of News 😉
(In all seriousness, longitudinal vision is seriously lacking in modern society. This would be a major level-up.)
@Andrew___Baker Not doing it but https://t.co/1rMMz64xvg

@balajis "We didn't go & say, "Oh Blackberry, do better." "Blockbuster, do better..." We just replaced them...with better technological versions. So the idea that, "Oh, New York Times, do better" - That's a completely outmoded way of thinking about it." ~ @balajis
https://t.co/kuYPv4mR9C
We discussed this on the recent All-In.
As @chamath pointed out, countries in Africa or South America were treated as economic partners by China, but sympathy objects by the US. China itself was mostly underrated by the US, and still is in many ways.
https://t.co/qKTEYm3rAF
Sign up for the summit and catch talks from me *and*
@primalpoly later today https://t.co/EIYfYFzH12 https://t.co/0BqAkZSq2W

It's fascinating how the spelling of words can change over time:
In the 17th century, it was "connexion." Now it's connection.
In the 14th century, it was "dout." Now it's doubt.
In the 15th century, it was "shew." Now it's show.
In 2000, it was "ACLU." Now it's FIRE.
@jmhorp My own county gave incentives to Home Depot to renovate a building it had already bought directly across the street from its headquarters. My dissenting vote was in the minority.
"You need to achieve financial independence
in order to achieve ideological independence
in order to achieve collective independence."
- @balajis
#Libertarians are the Schrodinger's Cat of politic, irrelevant to serious folks yet forever haunting all current debates. Maybe we just live our own lives, raise our kids, and thus inspire envy to those trapped in played-out tribal identities, like @DouthatNYT. https://t.co/egbcTFgaRP

Bizarrely, @DouthatNYT says libertarians demand "absolute certainty" that @instagram has a bad impact on kids before "you start thinking about limits on how kids use it." Parents can do that now. If he wants to ban it for them via law, just say so. https://t.co/RzxlFCSCWy
I woke up this morning to discover that LinkedIn had blocked my profile in China.
I used to have to wait for Chinese govt censors, or censors employed by Chinese companies in China, to do this kind of thing.
Now a US company is paying its own employees to censor Americans. https://t.co/eRTq4u8rJl

As @jbarro is in England busily shaming appliances, tune in tomorrow to All The Presidents' Lawyers as I talk to our guest @DavidLat about the lawyers that Trump, like an illiterate orange Screwtape, corrupted https://t.co/jTCl6FRvZF
Superb "If-by-whiskey"
https://t.co/I6YKz2WPho https://t.co/on6yXdf6b9
@jbuhl35 @kpomerleau Ahem. My trade lawyer view on the DBCFT was always - always - that it'd be fine under WTO rules if properly structured (essentially as a non-discriminatory biz VAT). The OG proposal was not that!
And Kyle can personally attest to this.
@rmnth @SamHarrisOrg Fun diagram. But I think this isn't even a second order effect, it's the dominant effect.
Also, regulatory action against large companies may reduce the number of acquisitions, but it also directly increases their power (by +++) by erecting a regulatory moat.
A THREAD on most thought provoking insights on crypto by @balajis:
1/
Crypto is just another asset class = the internet is just another TV channel.
It’s more than an asset class because it transforms the custody, trading, issuance, governance, and programmability...
This is the actual argument for vaccines.
https://t.co/wGAs3zbRzR https://t.co/iexnDaDepb

“These [NCAA] athletes are now, by default, influencers,” @mediakits’ @KieransLyfe says with @thecaseyadams. “They still have that influence on social media, even past their NCAA career, so I do think that it's important for them to take advantage of it as much as possible.” https://t.co/qNvK3w6YRk

@balajis Check out what @OrbitModel is doing, lots more to come too.
@balajis CARES act was another absurd subsidy to private insurance more so than the attempt to build state capacity
@balajis I actually agree. But the state itself is starved of resources outside of the military. That money goes first and foremost to prop up asset prices and the traditional finance sector. There isn’t some profligate public spending spree on the state itself. That has been hollowed out
@balajis @ImZachStar is incredible and sits on that level with content IMO
@balajis "There was a real leadership shift from Deng and Jiang and Hu to Xi.
The Mao era was revolutionary communist. The Deng, Jiang, Hu era was internationalist capitalist, I think that was real. And then the Xi era is nationalist socialist." ~ @balajis
https://t.co/zbZa6B6wcj
On a personal level: what do you *need* to know about and track over time?
- Your health, blood glucose, physical fitness
- Your income, burn rate, personal runway
- Your progress towards long-term goals
Not random infotainment. That's recreation.
So: dashboards > newspapers.
@balajis Been doing this for a decade. Now run it all on AirTable. For myself, my family, my business, community and others. https://t.co/17UaffR226

“[We’ll see a rollback in] the alphabet soup that FDR put in place…
the SEC is not set up to go after millions of crypto holders & developers…
The FAA is not set up to go after millions of drone developers…
The FDA is not set up to go after millions of biohackers”
@balajis https://t.co/eg1ZnLQDm8
@balajis That's the day at your regular tech startup. I don't know who said it (@paulg?) but a sign for a successful startups is investing early on in a big screen just to display KPIs.
@balajis @palladiummag for all your governance futurism needs
Quantifying things can be very helpful. You might think you're poles apart, that it's 0 and 1. But maybe you'd be fine with 0.47 and they're ok with 0.55.
@basche42 This post compares New Deal to ARRA, finding them comparable.
But where are the tangible results? For a few billion of private money we got (profitable) SpaceX. For $787B of public funds...we got what? And why do we think the CARES act will be better?
https://t.co/Nmyej3txUt
@basche42 There actually was a WPA/TVA-scale spending spree with the American Recovery and Reinvestment Act, the stimulus of 2009. But there was no Hoover Dam.
Why? Because, across partisan lines, the US can't execute in the physical world anymore.
https://t.co/SWtoV6nXVz
@basche42 I think we're seeing the same thing from different directions. Basically, the people in the US state are either unable or unwilling to actually serve the greater good. Incentives aren't aligned, metrics aren't there, leaders aren't there. But I don't think this is lack of $.
@basche42 We agree that the state prints trillions of dollars.
They might be ethics-limited, in that they are intentionally bidding up their own assets.
Or they could be intelligence-limited, in that they don't realize the effects.
But they aren't resource-limited in dollar terms.
@basche42 How is it starved of resources? It prints literally trillions of dollars. It is the least resource-limited organization on the planet, perhaps in human history.
Competent governments do exist.
And there are pockets of competence within the US government, as within any government, particularly at the local and state levels.
But you don't have to be a libertarian — I don't call myself one — to observe the decline of US state capacity.
And after PG&E failed to provide power, the CDC failed to control disease, the foreign policy establishment failed in Afghanistan, and the Federal Reserve failed to control inflation…does it make sense to ask anything of the American state?
We can rely on that state to fail.
No. Employers also want this because it allows them to protect their company from the demands of social media mobs. They announce that their hands are tied by policy.
Proof: I fund many employers. https://t.co/FTWFId3pMT
The nepotists of New York vs the founders of the world? I know who I have my bets on.
No one wants to join it
It's too risky
Then it succeeds
Then everyone wants to join it
Then everyone joins it
Then it becomes mediocre
It's too risk-averse
Then it fails
Now no one wants to join it
Meanwhile, the global audience for high IQ content continues to build. Veritasium alone now has 10M subscribers.
Here's a list of my favorites. What else is like this?
- https://t.co/Y6OYpmhybr
- https://t.co/gEjLncShSz
- https://t.co/tDEl8yvNp2
- https://t.co/HQOSEEQVqA https://t.co/cY9HQ4sEzG

@schraubd I agree, though we might define a "union" slightly differently.
https://t.co/0F8cWhOKab
@MickeyParx @thxbutknow Similarly with India this decade. Or startup cities, or crypto, or anything. You have to actually go and seek it out to see it.
Btw, city managers are more like CEOs. Unlike mayors they are not elected. They run the city on a day-to-day basis. https://t.co/UzQQmzQhGo
Just like a startup, you can pull many different kinds of analytics into a city dashboard. https://t.co/QKzVogDjz8 https://t.co/C9bYD3Mxii

The OpenGov City Manager's Dashboard.
This could be extended to startup cities, and to online communities with large budgets like DAOs.
https://t.co/QKzVogDjz8 https://t.co/UujfTfMGpN

What OpenGov is doing is also relevant here. Perhaps integrate citizen data, on an opt-in, aggregated, and anonymized basis, into the city dashboard via a city app.
cc @FrancisSuarez @ZacBookman
https://t.co/gF1DAQAWpS https://t.co/a7IAx481nM

Our current metrics for society are bad because they are easily gamed and aren't granular enough.
Society doesn't necessarily prosper as a whole if the stock market goes up. But it would if the (inflation-adjusted) net worth histogram was right-shifted.
https://t.co/QtVW72IElH
How to execute on this?
1) Fintech apps already have much of this data
2) States like Estonia & Singapore have national ID systems via e-identity & Singpass that can serve as primary key
3) Histograms can be calculated in privacy-preserving way, eg: https://t.co/TASs0XFR1A https://t.co/A2OTa9nmLG

Imagine if local governments began looking at the histogram of net worth of their population every day, calculated in an opt-in/privacy-protecting way.
Not just the median, the whole distribution.
Not just the income, the savings minus debt.
Then acted every day to boost that. https://t.co/dRXhmRN8pw
@rmnth @SamHarrisOrg That is, web2 VCs will exit via M&A or public listing.
Ballpark estimate is that M&A is at least 50%, maybe more of exits. But they are also fast exits, even if they are smaller amounts than public listings.
You can determine exact % from crunchbase or cb insights.
@rmnth @SamHarrisOrg Also, "VC willingness to fund startups" should be replaced by "VC returns". It's not an abstract willingness, it's their direct financial performance. No M&As means at least 50% of their exits go away, maybe more.
https://t.co/G3fqqSjXZM
RT @Dominic2306: Our Government is NOT oriented to dashboards with long-term metrics for key priorities. It is literally run by *the PM lis…
RT @valkenburgh: Coin Center wrote an open letter to the W3C: decentralized identity standards shouldn't be waylaid by erroneous and unrela…
RT @lopp: "You need to achieve financial independence
in order to achieve ideological independence
in order to achieve collective independe…
@thxbutknow Journos, academics, the foreign policy and natsec establishment to a surprising degree, even people talking about institutions. US dominance is assumed.
Much discussion has actually turned more inward looking over the last decade, even as Asia has risen. https://t.co/xltuCdMp9j
The audience for the US establishment is the US establishment. They aren't writing to, building for, or really even thinking about the rest of the world. They don't see economic peers, only military targets or sympathy objects.
Let this be your arbitrage.
RT @Jevaughn_Brown: @balajis "We didn't go & say, "Oh Blackberry, do better." "Blockbuster, do better..." We just replaced them...with bett…
RT @Nico_Jochnick: Dashboards are relevant, actionable, and consistent - everything a news feed is not. It's incredible how far we've ventu…
RT @Austen: I’m really interested in the idea of a personal dashboard.
You could take data from different pieces of my life and display it…
RT @bharattttttt: A ward-level "Open Garbage Free" dashboard for Delhi, informed by a real-time assessment of complaints on Twitter, Facebo…
Doesn't necessarily mean reading *zero* news, zero infotainment, zero serendipity. Just treat it like watching a movie, as part of your entertainment budget.
Take the sugar out of your coffee, take the newspaper (or news feed) out of your morning. Replace it with a personal dashboard, then a community dashboard.
If we think about it from the "jobs to be done" perspective, newspapers have this incredible pride-of-place — first thing you look at in the morning! — but typically do not add enough value to deserve that position.
Personal dashboards could, though...
https://t.co/vVwxPF3lyR
dashboards > newspapers
This feels like a good vector of attack to definitionally disrupt newspapers.
First thing you look at each day shouldn't be random stories someone else picked. Should be carefully selected metrics you want to improve.
See also:
https://t.co/3v6Ti6FBPk
Now extend this to communities.
The metrics you consider personally important should also be considered important by the community you want to join, and on their dashboard.
Maybe you want to learn a language or minimize sugar. With a little thought, you can dashboard it.
RT @lndian_Bronson: Here's an example, from Bartholomew Co., IN:
https://t.co/CvJWvsYB4f https://t.co/zxhJ9ZHfnV
The point of tracking metrics over time, and centering the morning on them, is that it gives long-term memory and focus.
The day doesn't start with random stories from a newspaper. The day starts with visualizing shared long-term goals, and tracking actions against those goals.
Any company beyond a certain scale has a set of dashboards that the CEO and all execs review each day. Examples below.
What if you did that for a community, like a DAO?
https://t.co/l16bwdEmZU https://t.co/b1ShTQXfmE

@balajis In Singapore the salary of ministers is based on those KPIs. https://t.co/YKAPxSlTbU
@balajis Hey @balajis - you might like this.
Also, I appreciate your work. Let's try connecting.
https://t.co/oYIbGjTYWh
This would be such a cool dashboard https://t.co/cm7nNYrdje
Communities of creators will overcome old institutions like legacy media.
My small note on this:
https://t.co/NSWYdbpQQo https://t.co/VCp0Wm6cnA
Here's the link to Making Sense podcast with @balajis: https://t.co/dCV44ZGcn8
A ward-level "Open Garbage Free" dashboard for Delhi, informed by a real-time assessment of complaints on Twitter, Facebook, 311 etc.
The news we consume today is fixated on issues that have no bearing on our actual lives. We cannot improve what we don't measure. https://t.co/EC35IwfzSI
Here's an example, from Bartholomew Co., IN:
https://t.co/CvJWvsYB4f https://t.co/qCZqkDU28i https://t.co/zxhJ9ZHfnV

@balajis Stand-up maths with Matt Parker. https://t.co/lMcjrdtLzY
One of my takeaways from @SamHarrisOrg's recent podcast with @balajis was around 2nd order consequences of the current approach to big tech regulation.
Here's a casual loop diagram capturing Balaji's argument. https://t.co/fPN9jRQYvF

Kurzgesagt - https://t.co/NVcFjxHRhD
#Physics Videos by Eugene Khutoryansky https://t.co/PlTXOR0XAR
Smarter Everyday - https://t.co/oFbr337vwV
Oversimplified (History) - https://t.co/zFSejQR397 https://t.co/Dizm9oImnJ
@balajis https://t.co/PMHSvuXZEI Build 8 BIT computer from scratch and great videos on networking
@balajis Not quite like these but @ColdFusion_TV deserves a mention.
Such a great concept - as a former dashboard builder I am going to start planning a public climate dashboard for @oco_crew https://t.co/ybNyKgKZhO
This isnt a bad idea. I’m not sure it even needs 90 days. 15 would probably work for many of the stupid cases. (Interestingly it did not work for McNeil, and neither did having a union so when the woke really want you unjustly fired they can still win). https://t.co/W5i5aF2TAS
I am very pro-dashboard
Working on a project that I will have to answer questions about, whip up a quick dashboard. “Whoa, we didn’t even think to make one measuring that” - the other GIS people on my team https://t.co/4kImfJs9q5
@balajis The startup-city mentality is one which drives innovation and results in less regulation and more business and entrepreneurship. If localities daw themselves as the institutional anchors of a successful future, they would be far more in tune with future proofing their governance.
An example of a new kind of corporate media - when a venture firm decides to go direct.
Because it understands, as @balajis puts it:
"Every company is a media company."
"Own a media company or be owned by one."
You need both, a great product and a great distribution. https://t.co/Btw2JMj7ve
Then a startup comes along
Then go to 1 https://t.co/dS7Q3dXSKE
@balajis Watching this make me sad think it’s time I go off social for a while. I’ll be building. I’ll put my head up later. Good luck
This is exactly it. Choose 3 topics you care deeply about. Research, learn, investigate, corroborate. Reject everything else - even if it’s important to others, to you it’s just an insulin trigger. https://t.co/twmcwxyimU
@balajis Meanwhile China is using these countries as resource hubs to mine Lithium, Nickel and Molybdenum.
@balajis @chamath You guys hit on some important points with real, honest perspectives that are hard to accept for too many people.
Concept: Community newspaper re-centered around a community dashboard with meaningful metrics related to each community. https://t.co/lWpkmu0GFS
@balajis Primer has published a bunch of videos running simulations of some hard unintuitive problems. I truly appreciate the work that goes into these
@primerlearning https://t.co/jbP6xxj5Lp
Actually, senator, the study’s author speculates the pro-work effect came from a feature you voted to abolish:
“Zheng speculates that the pro-work effect of the CTC derives from its phase-in structure… $1 in earnings translates (post-credit) to $1.15 in total take-home income.” https://t.co/8JRSeDMRb9
I've gotten some questions about a potential regulatory path forward on child safety. An idea:
1) Replace COPPA with a law that encourages a phased approach for kids < 10, 10-12, 13-15 and 16-18, instead of the one bright line at 13. https://t.co/Pct551dtPF
I'm 6 weeks into a pledge to not work after hours and on weekends. My general anxiety level has fallen tremendously and I've been sleeping much better each week.
This is one of the best decisions I've made physically, professionally, and most importantly, emotionally.
78,601 COVID deaths in the US in the 2 months since this Tweet. 99% of these were preventable https://t.co/uYby8QXVf0
It's good to see the FDA falling in line behind the scientists at Moderna, our best-functioning institution and the place that houses our smartest scientists.
https://t.co/AFxs8s9XjE
RT @castrotech: France wants to outlaw free book delivery.
It's getting harder and harder to distinguish between headlines in The Onion a…
It is a preposterous perversion of language to claim Facebook is “a hostile foreign power,” an “autocracy,” or any sort of sovereign power whatsoever. Seriously, shall we send in troops and bombs to counter this “instrument of civilizational collapse”? 🤦 https://t.co/1tB0TWOfmg
our discussion builds on my recent editorial on, "The Intoxicating Appeal of Home Liquor Delivery":
https://t.co/LLPwtFO1WR
It was my pleasure to join @Ed_Rudisell on the Shift Drink Podcast (@shift_drink) to discuss the need to reform the crazy laws that limit competition & consumer choice in the market for liquor delivery. A wide-ranging & really fun conversation. 🍻🍸🍷
https://t.co/V0itL1Kt0p https://t.co/Uv4qNEItc2

a pretty good litmus test for modern conservatism here: Do you believe in forcibly seizing & redistributing the assets of private foundations with whom you disagree? If so, I'm sorry to report that you are actually a fascist, not a conservative. https://t.co/AYbbCu8UWK
RT @scottlincicome: 🚨OUT TODAY🚨My @CatoInstitute White Paper, "Questioning Industrial Policy: Why Government Manufacturing Plans Are Ineffe…
RT @RoslynLayton: How is that we can order beer and wine to our homes, but not spirits? @AdamThierer explains
https://t.co/ZLIcDfNeYn
This is an expert maneuver of tax economists and lawyers.
"What if we just flipped around what it's called, but it still had the exact same effect?"
When you've got a good proposal, it's worth tricking the public and/or the law into accepting it. https://t.co/Y4E6ngMODK
@thehowie @JDVance1 Also the CDC age and state deaths data lags by several weeks. The Florida data seems pretty complete through about the beginning of September, but not after that
asking benioff for advice on how to run facebook is sort of like asking the ceo of a scranton-based paper company how to run the military. like, sure, you're entitled to your opinion. but does anybody really care? https://t.co/Ed2ZW3cgBV
@JDVance1 Make sure you stick with this methodology. Since Florida is vastly outpacing California with deaths during the early weeks of Fall, I’m sure you will correct your assessment when numbers are finalized.
Day dreaming about Estonia's corporate tax and its low, uniform effective tax rates.
https://t.co/8P2OYZ4XFd https://t.co/n9uT6vAMto

I don't know how I feel about this new practice of providing distributional estimates that exclude certain taxes.
We should be educating taxpayers that the economic burden of taxes is *always* on people.
https://t.co/uQjIxmliap
Theory proof slide: https://t.co/Ai64RnnU7H https://t.co/fRbfSnp0aC

They were talking about social media in my 14-year-old's class and she said "oh Dad's on Twitter [eye roll not witnessed but reliably surmised]" and the teacher looked me up and read some of the tweets to the class and now I get to meet the new headmaster
We really ought to rename this show "Why @SonnyBunch Hates Music This Week." https://t.co/FOekhIOi08
@mattyglesias @carney Start here, scroll down.
https://t.co/6mnNQCsrX8
Well, logistics is really important. Not like that strategic stuff. https://t.co/V9FbsVJqfc
@arpitrage My sense is that UCLA SCC may be an OG in academia https://t.co/zlnS3FBVeg
And the deep irony of Hillary Clinton calling Mark Zuckerberg “authoritarian.” I think that whiff she caught was from her perfume, Lust for Power. https://t.co/GtwTpqTRP8

Unless we can put on the best talent show this town has ever seen https://t.co/RqAfQha2d4
going to the dentist for a retainer because I can't stop grinding #sigmamale #CEOmindset #trillionairegrindset https://t.co/euQcspW6r2

@jmhorp I believe it. In my quote tweet to this I shared my own recent story. Sat at an ER for 6 hours to never see a doctor… in Alexandria, VA.
@ahardtospell Easily dispelled after 5 solid minutes of doomscrolling wonk twitter during happy hour.
One mistake people often make is thinking that higher intelligence translates to better control over irrational instincts or thought processes.
Continental Congress to Nathanael Greene after the winter at Valley Forge:
"So far, you've been lucky that the Continental Army has not faced a significant logistical crisis. You are a dangerous man to hold the position of Quartermaster." https://t.co/ExNYF52Mo1
Lotta people on Twitter finding out that even really smart people they mostly agree with are not immune from ideologically or politically-motivated nonsense
@scottlincicome @ezraklein Famously unpopular drug, cocaine
@scottlincicome How dare you scoop my Top Gun reference. https://t.co/CvyRGD235D
To be clear, I have always denied being a contrarian! https://t.co/8dfhdOeQAF
Get ready to play "game the phase-ins and expiration dates!" The easiest way to cut $1 trillion will be to have nearly everything expire in 6 years, and then create a nightmare, budget-busting, legislative extender scenario in late 2027. https://t.co/G8ucTRogKG
The view of the Supreme Court in Village of Euclid v. Amber Realty Company (1926): exclusionary zoning is necessary to keep out the "nuisance" of apartment buildings and thereby preserve the "residential character of the neighborhood." https://t.co/acUY1QzzSm

I don't understand this "whatever" perspective
Libertarians right now should be shouting from the rooftops GET YOUR HIGHLY EFFECTIVE VACCINES SO WE CAN AVOID MORE LOCKDOWNS... AND AVOID UNNECESSARY DEATHS! https://t.co/8YB9oFIaVu
@jmhorp Gonna tell my kids this was Apple Maps https://t.co/GsEHG09qcG

"Every year thousands graduate from medical school but aren't allowed to practice. ... The perversity of this system cannot be overstated."
@binarybits covers @Robert_t_Orr's latest report on how to fix America's broken medical residency system.
https://t.co/6916i7Zo4i
@mattyglesias @carney some of harvard's admissions policies probably on balance give a leg up to conservatives: admitting kids from every state, having a 50/50 gender balance
I bought my lunch today. After accounting for the damage to my checking account, its net cost was zero
It’s probably not possible, in terms of real resource calculus, to only tax those making above $400k.
https://t.co/0btZtgWtaZ
Once you understand this, it pushes you in the direction of just trying to make the tax code efficient and government spending effective.
Went out to dinner last night – there’s been a lot of automation to deal with labor costs. There’s the carafe of water instead of the server constantly refilling; pandemic mainstay of QR codes eliminating the menu shuffle; then a receipt QR code to pay by card via Toast
Kyrsten Sinema dramatically crosses the aisle, joins the GOP, and rips off her mask to reveal — it's been Martha McSally all along!
@JeffOnTheRight Amazingly, Rockwell fans never seem to share this one 🤔
3. But excluding excise taxes on things that low-income people buy, as TPC does here, seems pretty much the sort of thing that you would do in a distributional analysis *only* do if you were trying to go for a desired political effect.
@TheStalwart To the extent it has, those voters already switched over to Biden from Romney.
I feel like we go through this every year.
And I feel like every year we have people pointing out that strangers aren’t giving your kids their good stuff. https://t.co/06DTPLJO3k
@ComicDaveSmith If you have quotes of Mises espousing cultural conservatism, please share them with the class @ComicDaveSmith.
Similarly, any quotes of his that are anywhere close to the paleoconservative positions of @lewrockwell or the alt right.
Thanks in advance.
@LIBERTARIAN_NT An employer can require vaccination as a condition of employment.
There’s a reason my tweet has quotes from him and yours doesn’t. https://t.co/WgYEmbK34R
We should send them the Ohio Senate GOP primary. https://t.co/giEAIfQtqv
@insidetrade @ChadBown @Aime_Williams Here’s the impact of the EU’s #Section232 retaliatory tariffs on U.S. exports.
Exports facing retaliation are down 41% since March 2018, while other U.S. exports to the EU are up 8%. #TariffsHurt https://t.co/8CXtWa2JJZ

1. It sure looks to me like @TaxPolicyCenter is abandoning its longstanding rules for scoring tax plans in order to find a way to make the Biden tax pledge true.
As far as I can tell, they have never before excluded excise taxes in this way.
https://t.co/hrttgKXuFf
Perspective | China’s weak, counterproductive hostage-taking diplomacy. https://t.co/ljp3pgKPQ5
The "business" TV networks are ostensibly for serious people with real jobs.
But in practice they're comically terrible and you're better off reading some weird guy with an ugly wordpress blog about housing startsr.
This is business TV at its finest. Just watch. https://t.co/J7N3kaZk3U
@LoganMohtashami @HousingWire So you just... troll people about finance entirely for fun, really?
Incredible. Dream job
@LoganMohtashami @HousingWire How can I get your job of trolling the "bubble bros" about housing? It sounds like so much fun!
The denominator here is ~35,000 with 99+ percent in compliance. https://t.co/7aL0qx7Cfz
Man, I know you've all been saying it, but this is a real disaster of a week isn't it?
Seizing the assets of people whose political views you don't like is quite a bad thing, @JDVance1 . https://t.co/rcw1CfsIGR
I love NFT Twitter because it's half 20-tweet threads about how blockchains will be the Medicis of a new artistic renaissance and half guys trying to convince you to spend $10,000 on stuff called, like, Darryl's Deformed Donkeys.
I dream of a day when economics can, also, go from an oral and beamer culture to rediscover writing https://t.co/a8Sa5mbR6D
@jmhorp @tomshohfi @C_Garthwaite @kteltser @smithdanj1 I haven’t figured out a good data source and specific research question combination. But, I’ve been fascinated by this stuff since moving to bourbon country. (Also, Werner Troesken was my dissertation advisor.)
“All models are wrong, but so too is reality” or something like that.
@scottlincicome The forthcoming paper is cool too. I promise!
@dashching (include it with 100% burden on shareholders)
@dashching Leave aside the burden on labor.
There are shareholders in every single income group.
So even if you think the "cheat" of having a dynamic effect in a conventional table, you should still include it.
@scottlincicome I have a 40 minute activation time with regular Cheetos https://t.co/oRIH9t812M

@scottlincicome @MrJoshPerry If you'd had this idea years ago it would have been a mildly successful movie starring Pauly Shore or Ashton Kutcher, depending on the generation.
@prashGana @scottlincicome @Holden114 @BigMcLrgHuge Easy to see how they mistook him for some young punk teenagers
@scottlincicome @Holden114 Harold and Kumar tackle teenagers at White Castle
@MrJoshPerry I'd love to see a newscast abt a stoner trying to recover the edibles he accidentally gave to some trick-or-treaters
@ncpack2010 Those are all free in @scottlincicome’s neighborhood
And the only companies that might possibly be able to afford *trying* to pre-screen 3rd party speech are the "big tech multinationals" you're targeting. https://t.co/V2Pd41CB5Q
The most San Franciscan of occupations (that is, the occupational category with the highest location quotient in the San Francisco-Oakland-Hayward metro area) is ... sociologist? https://t.co/jZDmHxF3XP https://t.co/dZS60q76PK

@thereal_truther @JamesSurowiecki @jessesingal You know this: they claim that all the Covid deaths are now actually vaccine deaths.
@ChadBown @Aime_Williams "Raimondo said her two primary concerns with Europe heading into Wednesday’s first TTC meeting were steel and aluminum tariffs and technology.... Dombrovskis said he expected to discuss the tariffs in Pittsburgh."
https://t.co/20nMfWXJz7
My guess is that Powell ultimately gets 75 votes as a result of this. https://t.co/F4zd4pbr8d
Interestingly, patients can't readily get variant results for themselves because sequencing tests aren't approved. It doesn't mean variants don't exist, just that they move faster than bureaucracy. https://t.co/q8qNgjSX8i https://t.co/tlOlCg8uGU

@jmhorp @jonah_pouted @thereal_truther @Jefferyatucker @jeffreyatucker OMG I clicked it.
I am not a smart person.
1 year?!? Are they being paid by the hour https://t.co/fXEFqNnng5
All taxes on businesses are paid, in some proportion, by:
- workers in the form of lower wages
- shareholders in the form of lower profits
- consumers in the form of higher prices https://t.co/eKeHrBO6pl
@jmhorp Botching initial testing, supressing private testing and at-home tests, slow-walking vaccines, suspending J&J and sowing vaccine doubt, conflicting masking guidance - and yet it's all lockdowns, all the time for some.
@karlbykarlsmith You must be looking at completely different data than I am. Vaccinated are much less likely to get infected than unvaccinated in all states with reliable data. That's "well protected" by any reasonable definition
@SouthernSummr 50% vaccinated means also 50% unvaccinated. But yes I know, I have been posting data about Florida almost daily!
But look at the states that report data by vaccination status. Vast majority of cases among unvaccinated
@karlbykarlsmith "the jab does not protect well against either infection or spread"
@Birdyword Right, nurses have never before been required to be vaccinated. What a silly idea
Libertarians continue with this lie. Why?
"the jab does not protect well against either infection or spread"
"[98% vaccination rates] will be as ineffective in achieving its aims as the rest of the virus control strategies" https://t.co/h20e7p8uOW
@LibertyLockPod Yes, that's exactly what I am saying. All freedom should be eliminated
RT @PeterHotez: This is not correct, individuals who become infected with COVID19 and recover exhibit highly variable levels of protective…
@nominalthoughts @karlbykarlsmith Melt it down. It's platinum.
Shameful vaccine disinformation from libertarians, once again
Vaccines do reduce chances of infection and risk of transmission dramatically
What is to be gained by this disinformation campaign? https://t.co/XAzsppjfSU
RT @Popehat: In America, these are the sorts of cockroaches that scuttle out when you suggest that people jailed upon being accused of crim…
Perhaps it's just a function of growing old that I see more and more people I know dying or having serious health issues, but this year feels especially bad
Hold your loved ones close
We were very close in high school, went to the same college but grew apart, as happens often. We kept in touch occasionally when work would bring me to the city he lived in. But I just checked my messages, and we hadn't talked in 7 years. So it goes
One of my best friends from high school died over the weekend. Same age as me (41)
Not sure the cause of death. So much death and tragedy lately. I was just at a funeral last week for another family member
@Itsforthetakin1 @PatHedger18 Yes, the real problem is mismanaged hospitals, not 100 million unvaccinated Americans
The shape of the curve that some Florida newspapers reported at the time turned out to be remarkably accurate (but yes, not 900 in a single day) https://t.co/ijZNvLAgOG

The number of COVID deaths in Florida on August 25 was not over 900. That was sloppy reporting. But it also wasn't just 9!
Actual number: over 300, which was indeed one of the worst days of the pandemic in Florida https://t.co/8jeeoaqhJT

@FrankBednarz My word, it's over 300 now https://t.co/rg9m5jZPeY

100,000 deaths since mid-May. Another 50,000 in just the past month.
Truly tragic. And sadly, more to come. https://t.co/ucGevHagVm
RT @AlanMCole: More than 100,000 people in the U.S. have died of COVID since the vaccine was widely available and fully set in for everyone…
@The_real_colin So libertarians favor progressive taxes now?
@conornomics @tomshohfi @C_Garthwaite @kteltser @smithdanj1 Let's talk about this sometime... over drinks 🥃
@thereal_truther @JGPharmD @jonah_pouted @Jefferyatucker @jeffreyatucker He only muted me. For violating the Geneva Convention or something https://t.co/m4KzOheOvP

@salymnr 90% COVID vaxx rate among children would be awesome!
@conornomics @tomshohfi @C_Garthwaite @kteltser @smithdanj1 I agree! Let me know if you want a co-author
RT @conornomics: My ‘neat’ paper on illicit secondary markets for bourbon (with @tomshohfi) was accepted today at the Journal of Economic B…
@conornomics @tomshohfi @C_Garthwaite @kteltser Neat!
Have you seen this new paper by @smithdanj1 and a grad student (a former undergrad of mine)?
https://t.co/0QIxse1tgc
@JGPharmD @jonah_pouted @thereal_truther @Jefferyatucker The account new was misspelled. It's @jeffreyatucker (but look at your own discretion)
Some of these are only 80%, but I assume that's because some kids aren't getting the full series, but still getting some doses
And yes! Multiple doses and boosters! This is all normal stuff, but people are treating it as some new, dystopian thing with COVID vaccines
It always baffles me when people say that 90% vaccination rates are unrealistic. Like we literally already do this for other diseases. And we primarily get it done by requiring children to get vaccinated.
https://t.co/UEMiAinAHI https://t.co/yrHNYB1qHp

@thereal_truther @Jefferyatucker The Wachowskis planned it all, over 20 years ago
RT @celinegounder: The risk of a breakthrough infection is a reflection of:
Vaccine effectiveness
AND
Levels of community transmission
You…
These are good new quarantine rules for Arkansas schools https://t.co/tqhOqNqjrc
VMTs are an efficient way of pricing roads, and gasoline taxes increase efficiency by taxing pollution
Libertarians should love these! Milton Friedman would https://t.co/BCwukE1jbl
@MetaGlory And that's great! But the Summer Wave '21 was worse than Summer 2020. I worry that many Northern states have lots of unvaccinated people
@AlecStapp What percent of your replies on Twitter are spam?
@DavidAFrench @jessesingal Including US Senators
https://t.co/ZnBXLsrNfK
The author also points out that good antibody tests aren't widely available, so (for now) getting the vaccine is the clearest way to show that you are protected and others around you are protected
The N is low in this study, but this confirms what some of us have been saying for awhile. It's probably a good idea to get vaccinated even if you think you have prior infection. The risk of a vaxx is very low!
"In a recent CDC study of those with prior COVID-19 infection, 36 percent did not form any antibodies against the virus. This is in stark contrast to antibody formation in 100 percent of... people who receive even one dose of an mRNA vaccine"
https://t.co/YPreFoKF5D
So far as I know, Kibbe is not one of the bad actors posting vaccine disinformation. But it's the duty of responsible libertarians to be the counterweight, and to call out other libertarians when they are behaving badly. Saying "whatever your views on vax efficacy" doesn't cut it
Hear me out: why not a $3.5 trillion coin? https://t.co/GKgUPXvWsC
Just a reminder, this Tweet is still up. It's just one example among hundreds. Libertarians scream all day about lockdowns (which no longer exist in the US), but then turn around and post vaccine disinformation at every chance they get
https://t.co/vZq9Pw3aqz
Just a reminder that the beginning of October last year was the lull before the Winter Wave began https://t.co/3tcFgIT3PK

Arkansas took slightly longer this summer to exceed 500 deaths per million: 9 weeks from 7/18-9/18, with 1,582 COVID deaths or 524 per million
It's all so tragic, given that we have free, highly effective vaccines
Source (still incomplete!): https://t.co/BlX21ABBMt
Vermont has just 310 COVID deaths throughout the pandemic, or 497 per million people
Florida had more deaths in only 5 weeks: 11,941 deaths from 8/8-9/11/21, or 556 deaths per million
Mississippi did the same in 6 weeks: 1,500 deaths, or 504 per million (8/1-9/11/21) https://t.co/TEbaYW1gRP
RT @nsarwark: A short thread on libertarian vaccine ethics.
Individual autonomy and self-determination are the highest values in libertari…
@jc_bradbury Kentucky is giving incentives to bourbon producers.
Who knows, some day they may having a booming bourbon industry
https://t.co/q9Wzetyx4Z
@PatHedger18 Over the weekend a friend's stepmom had a major medical issue. They were in Atlanta, and were told there were no beds available for her. Sent her to another hospital an hour away.
Atlanta. The 9th largest MSA in the country. No beds.
RT @nikhilb: Oh, huh, Sweden’s life expectancy dropped by almost a year while its neighbors (which suffered the same GDP declines) stayed…
@jmhorp @jc_bradbury Politicians give subsidies to popular people. One of these days I'll get them to buy me a chair in my proposed Comfort Michigan program. I'm just not popular enough yet. https://t.co/GEQLXspmS6
@jmhorp This has definitely been on of the most frustrating things to watch. The vaccines are a marvel of the modern, free world. But if you spend a year shouting that COVID is a no-big-deal hoax, it's not a far leap to get to "the vaccines must be suspect."
@cjciaramella We hate anonymous sources, don't we folks
@ezraklein @scottlincicome Apparently the free market doesn't apply to drugs, because I remember being told that drug dealers would put cocaine in joints, which... no.
@scottlincicome Those edibles cost like $30 a piece who would do this
@calebwatney some of them are now in a position to do so too
https://t.co/halXcv9ZIu
@geoffreyfowler @scottlincicome your dream come true. Might kill cobras
Conspiracy mongers don't get to invade and occupy the concept of "doing my own research." We're keeping that one! Find some other euphemism for not understanding how clinical trial data works.
Cryptography fun fact:
You can 100% guarantee that no one can understand your coded message by making the message *itself* gibberish.
McAuliffe says $3.5 trillion reconciliation bill is "too high"
Nice @MrRBourne writeup of the new @MichaelRStrain/@jeffreypclemens min wage paper & implications https://t.co/jcc0eYZSW3 https://t.co/If7hFmZT0Y

"None of this is to predict with certainty that the FTC will misuse its powers, but prudence counsels that we be mindful of the possibility, given how vast those powers will be," says @s8mb in @realclearpolicy https://t.co/3D4NjqplmP
@MattGlassman312 It's really not complicated. Democrats got themselves into a major jam on their agenda and the schedule and GOP isn't throwing a life preserver.
@ZachWeiner Why yes, it's delicious, I heartily recom - Oh, hang on a second...
@scottlincicome @kpomerleau It’s like 8th grade but for wonks.
I never want to laugh at Scott’s tweets and then I always do. It’s a character flaw. https://t.co/SKLiBqQRFx
I had really hoped that the Psaki quote had been taken out of context. That doesn't seem to be true.
Tax incidence, explained, by Joe Stiglitz: https://t.co/LOLueCQEbO https://t.co/bPsnzLKy92
I guess a tweet of mine got screengrabbed and posted by one of the truly big Instagram meme accounts. Now people I knew from like, Hebrew school, are reaching out to congratulate me — “I always knew you were talented,” “so insane,” etc. Puts my “accomplishments” in perspective.
Excellent @ProfWrightGMU piece on the Europeanisation of the FTC, as illustrated by its strange handling of the Grail-Illumina merger.
https://t.co/LFhlcX19LD https://t.co/noMKD3apiw

No, people in the US, Switzerland is not Sweden 😜
Ht @ThBenkoe
https://t.co/JjM2448cDP https://t.co/iGIndE7opx

@scottlincicome I’ll prolly can a jar just to see how it goes.
They really don’t last long
@scottlincicome I’ve been playing around with my grandmothers canning set up.
I’ll let you know if I get botulism
@scottlincicome Thanks,
Keep them in or out of the fridge?
@scottlincicome
Questions on your Melt Your Face Off jam if you have a moment.
Did you can a batch?
Did you change the recipe to do so?
Just a hot water boil? If so, for how long?
I have extra juice from making them - I strained out the pulp.
Do you use the juice? https://t.co/9cxByJSjgc

@scottlincicome aren’t you currently feeding a little person who can be trained to clean?
"...it’s puzzling that there isn’t more attention given to air filtration and UV light disinfection in hospitals, since these techniques have been shown to kill superbugs and greatly reduce multiple viral, bacterial, and fungal pathogens."
https://t.co/JVxGNwftjs
I wouldn’t have guessed, but the jokes just get better as a startup grows. https://t.co/D1wAN0SZUI

@scottlincicome Danger Man has a preexisting theme song: https://t.co/7sGI32cKcD
@scottlincicome @janecoaston TBH, if you have really little kids, how do you tell the difference between them being really high and just, you know, the normal little kid weirdness?
Nobody wants to live in DC unless they're required to, and remote work meant they were no longer required to. https://t.co/RDOUbqqFuh
@SirajAHashmi @KingJames it's about community immunity!
plz @KingJames, just tweet this video out once. it’ll be more than enough: https://t.co/L6ukIwlnfb https://t.co/ElZnOucifL

Stepped off an elevator and spotted my wonderful spouse, the not-on-Twitter @AnnieHLiang, teaching her graduate class https://t.co/rxHvhkqdWD

It's official: We have submitted initial data from the pivotal trial of our COVID-19 vaccine in children 5 to under 12 years of age to the @US_FDA: https://t.co/XORlEFksAs
@elidourado The first time I tried to use a blockchain, it was such a terrible experience that my reaction was "this will never work."
@mattyglesias It is a good idea but inexplicably their bill only addresses exploration wells and not production wells. Oil and gas gets a catex for both.
@misha_saul @PalmerLuckey @micsolana @_tom_leighton_ Cloud Nine, please https://t.co/kokJsE8AEj
@Maciek416 I think there’s concern about people getting complacent about cutting emissions if it turns out that CDR can be done cheaply and at scale.
@AdamLBrown3 What I’m saying is I have tried it and I think if the hardware were better there are a lot of people that would want to work in VR.
@AdamLBrown3 I think there’s a reasonable expectation that VR hardware will improve rapidly as it is adjacent to phone hardware.
RT @MisanthropeGirl: Yeah, this is not at all a Bad Omen. https://t.co/8ZQn2N7edf
@MarceloPLima Right, the Quest 2 screen isn’t there yet. Quest 2 switched back to LCD from the Quest 1’s OLED. And the resolution isn’t high enough. The other major issue is fatigue from the weight of the device.
The first time I tried streaming video online, I must have been 16, and it was such a terrible experience that my reaction was “this will never work.”
Here we are today, and streaming video is most of global bandwidth consumption.
Trying not to make that mistake again.
I have Immersed, and I would not yet want to spend 40+ hours/week working in VR. But as devices improve I think more people might.
I do agree with this piece that it’s not just replicating something that exists in the physical world, it’s something new.
https://t.co/qWo43pRV0h
@elidourado @ModeledBehavior True story. In the nineties, it look like 3 hours to download/buffer the Goo Goo Dolls’, “Name” music video. I’ll never forget watching my dad see a video from thin air appear. We talk about that moment often.
Strategically speaking, progressives should definitely tank the infrastructure bill and hold out for a $6 trillion package, maybe even $10 trillion. Surely Manchin and Sinema will fold. And then utopia will be here. https://t.co/oERSYzvk1A
@scottlincicome Walmart and American Eagle started this earlier. I am surprised Amazon hasn't gotten into the container business yet. They already have the cargo planes and fleet of vans.
This is bad news for Noem. As we all know, Republicans love anonymously sourced stories and won’t support a philanderer. https://t.co/IApWJiUjp0
in @LauraDeming's discord, literally 0 personal introductions from wet lab biologists. Most people do software/ml/math
Also I am bitter at the Trade Lawyers, who say that a VAT plus an EITC is fine, while a DBCFT is not, even though for certain EITC parameters, they're identical.
@AlanMCole Sure, definitely. We had a whole crop of non-bank mortgage companies rise from the S&L ashes in the 90s, fail; got replaced by the subprime companies that failed; and now we are on another generation...
@AlanMCole Yeah I see the point — but, like traditional lenders ie mortgage companies, they are able to address that. Pretty substantial whole loan sales and securitization de-risk their portfolio.
Of course different from other traditional lenders like banks in not having deposit buffers.
@stevertax @goodtaxtakes @JPTrachtman @scottlincicome What portion do you think is appropriate?
@stevertax @goodtaxtakes @JPTrachtman @scottlincicome I think Entin has a really good piece on this here that is much overlooked. Especially the discussion of supernormal returns
https://t.co/7VEHAP0ui5
@stevertax @goodtaxtakes @JPTrachtman @scottlincicome For what it’s worth jct assumes 100% on shareholders in year one (though a big chunk of that includes middle income) and phases in to 25% burden on labor by year 10
@scottlincicome @AlanMCole @HousingWire At least Fintwit isn't talking about trade wars much, or as I called it, Trade war tap dance https://t.co/Oeow9KjvM3

@JLTfromNC @Anastasia_esq @PacificLegal cc: @scottlincicome who may be less conflicted than me.
@paulcrider beat Obama to it by six years
https://t.co/adqm7wVrqn
It remains pretty fascinating that House Rs and progs look at the same fraught BIF dynamic and take the exact opposite lessons.
@TheH2 @scottlincicome @_Peter_Cook "dead" giveaway?
I think I see what you did there.
this is wallball and it absolutely ruled https://t.co/FksdfypeOH
@shoshievass Make sure he posts it to his GitHub page otherwise @conlon_chris won't hire him.
@scottlincicome So my choices are between a kid hopped up on sugar or a kid mellowed out with a bit of weed?
This is a much tougher choice than most parents are willing to admit.
The old green-eyeshade Republicans. I miss them, TBH. https://t.co/U0vICePjLd
Republicans are looking forward to that. https://t.co/0ZpaAJ7Etv
When all you talk about is the spending, don't be surprised when people evaluate it as they would a bill. https://t.co/bB5RZW5d81
@HannoLustig @fabolange Choose based on current payoffs, or choose based on your 40-year-ahead forecast. Good luck with the latter.
@scottlincicome @Tyler_The_Wise Our points: a) Tax Incidence - you aren’t taking it from shareholders, if you tax the corporation, you are as likely taking it from employees or customers b) if it damages returns that dollar begins to shrink. Corporate taxes are a poor way to reallocate resources.
@scottlincicome @Tyler_The_Wise …and your thesis is that the stock market falling will facilitate these allegedly high ROI public sector investments?
So proud of my son @jonathanvswan winning an Emmy just now. Fabulous work. I love you.
I spent a lot of time on the phone today with my mom, who had me on speakerphone with her friends. https://t.co/Xw2V67oSvy
John Halpin: “Biden is outsourcing his presidency to ideological factions that don’t have his best interests in mind – or have broad popular support.” https://t.co/cVwUZwI5hb
I knew he was a genius when I met him in the Adams House dining hall in 2001.
Now everyone knows.
Congratulations to my wonderful husband, Jesse Shapiro, MacArthur Fellow. #MacFellow
https://t.co/28ONxcyth1
@scottlincicome And by that, I mean, shouldn't illiquid riskier assets offer higher returns than low risk bonds?
@scottlincicome Shouldn't that generally be the case?
@scottlincicome @nberpubs GP I want nanobots they can inject into me and clean out my arteries, lower my blood pressure, get rid of my beer gut, and basically turn me into a bronze Adonis.
Like Dog the Bounty Hunter.
Seems to me Ds need to get the BIF stuff buttoned up to be able to face reality on the debt limit, which is why the doubling down by progs and lack of assurance from the holdouts is really creating a broader problem even as Pelosi tries to choreograph the landing.
Not sure it's an effective salve at this point after working themselves into a frenzy for several months about how bad it was, but this is obviously the right tack. Take the win, tout the good stuff, and get everything you can out of the next bill. https://t.co/jPYQmPXVD1
The shortages came early this year . . . https://t.co/GarH4bG45r
@scottlincicome “unfair and absurd”
It is as though no one in the administration understands that capital is mobile.
Minting the coin feels like something Trump was meant to break the norm on. https://t.co/tXedd4crjd https://t.co/XNhykdtuRU

Why Biden on China sounds a lot like Trump on China: https://t.co/jRRT3Joaxt
Sweden is one of the world's most innovative countries.
Because Sweden is one of the world's most CAPITALIST countries. https://t.co/flK4xeyLVT https://t.co/5MY4Hhs7Cb
In today's inaugural edition of @CipherClimate, we got an exclusive sneak peak at a new @PitchBook report coming out Oct. 27.
A record-breaking amount of VC money is flowing to climate tech. https://t.co/Tso8SIsTZB https://t.co/CaYXPFfmGU

Very good piece: The United States needs to prepare for a major war, not because its rival is rising but because of the opposite. This has implications for India as well, if China wants to grab what it can when its relative power is at its peak…..https://t.co/YbUVjACD9T
Setting some time aside for this. I'm more sympathetic to industrial policy than I used to be, so it will be interesting to see if this swings me back at all. https://t.co/6UdjDwDlVf
@janecoaston @scottlincicome Turns out marijuana is a gateway drug.
A gateway TO SOCIALISM.
@janecoaston @scottlincicome Back in DARE class, when they were telling us about how you could never know it was just marijuana you were smoking, I always wondered who exactly was lacing cheap joints with all these much more expensive drugs.
@scottlincicome @_Peter_Cook Are these really “laced”?
Maybe it’s just me, but the big marijuana leaf on the package seems like a dead giveaway.
@scottlincicome It’s what your followers think you do all day.
@scottlincicome I bet I could get that thing to stir my roux.
🚨ECON JOB ALERT🚨based in India
In need of a research assistant for project @nagpal_geetika (Brown University) and I are doing. The project examines the impact of land use regulations in Mumbai.
Contact details are in the link below:
https://t.co/Md3XhjIcf3 https://t.co/KAfhBfj4OB

Scott gets it man. Parenting is so like it's an action verb you know?
*THC laced edibles-no charge?Ho!🎅 Lol definitely not. https://t.co/1JYSFqIfSW
classic stage 4. they skipped stage 3 unfortunately https://t.co/h8TXVQ0KIw https://t.co/nJW3Ua4CLO

I should read this solely for online arguments https://t.co/YUru1viuyU
"about 200 U.S. government employees have been affected." https://t.co/oU31KXqxst
@scottlincicome oh no what will happen if we start to have large for profit companies as middlemen in real estate transactions
The critical word in this NBER abstract is 'collude'. As in, we allow elite colleges to collude. https://t.co/ODQbuEiqCS
@scottlincicome And/or reduce services
But hey - all good
Some of his best guidance ever https://t.co/5pZcf2LV7H
@cjciaramella The voter you're describing probably does not view female infidelity in the same light though
@scottlincicome Who is handing this out for free? No really, someone message me.
@scottlincicome Alternatively, they can reduce the quality of the products they sell or offshore manufacturing to another country.
@Robeno @jimgeraghty @pfizer Because people are spoiled, stupid, lack basic science education & are selfish.
Pfizer is not "saline" solution. Do you understand how miraculous it is to have 60%+ efficacy against mutations?
God gave us a miracle. We're complaining about it like the Israelites with manna.
@scottlincicome Apparently the DOJ has nothing better to do with their time . It’s not like our democracy is at stake, voting rights being taken away and our public health and safety is being endangered by lunatics. Oh no let’s go after a pharmacist 🙄
@janecoaston @scottlincicome What’s with calling them “laced” when they’re clearly marked as containing THC
UK-based INEOS plans to make Raleigh the US HQ for its new 4×4 SUV, the Grenadier.
"Vehicles will be built in Hambach, France... No U.S. manufacturing is planned at this time.” https://t.co/EJ54eaQjOr
@KevinWGlass Can't spell Krysten Sinema without YASS
"A record nearly $30 billion of venture capital money has gone into climate-change technologies so far this year... Most of the VC money is coming from the United States" https://t.co/wXE2w3CVba https://t.co/jQAFXttltO

"Pharmacist Pleads Guilty to Giving COVID Vaccine to Kids Under 12" https://t.co/gmZGT2gp1n
"Banchs faces a maximum penalty of 5 years in prison, a fine of up to $250,000..."
"No serious medical consequences appear to have resulted from the vaccinations" https://t.co/4PY93EjnlZ

My latest Capitolism @thedispatch examines whether the supposed successes of industrial policy in places like China, Taiwan, & South Korea justify similar policies here.
(spoiler: no)
"No, We Shouldn’t Copy Other Countries’ Industrial Policies" https://t.co/QoWs8CQCVz
RT @CatoTrade: .@scottlincicome explains how long-term, systemic problems—and bad U.S. policy—have made the global "shipping crisis" far wo…
"U.S. retailers gearing up for the holiday shopping season were having some success acquiring imported merchandise at the start of the peak shipping season." https://t.co/WvvygWSVYf via @business https://t.co/kkjN7Oey3C

"Micron Technology Inc., the largest U.S. maker of memory chips, fell in early trading Wednesday after reporting that slowing demand from personal-computer makers is weighing on its forecast for sales and profit." https://t.co/m0zL3tGgoK
Just in time for subsidies! https://t.co/OjACJYyGJd

"Interest rates are hovering around their all-time lows, so companies can get higher returns buying real estate than by keeping their money in low-risk bonds or other public securities" https://t.co/IrMieGZPC8 https://t.co/NCnsvyU6cE

"China Evergrande to Sell Bank Stake to State-Owned Firm for $1.5 Billion" https://t.co/lZydwb1cl3
RT @kpomerleau: Day dreaming about Estonia's corporate tax and its low, uniform effective tax rates.
https://t.co/8P2OYZ4XFd https://t.co/…
RT @cpgrabow: If the acquisition of a commercial fleet is critical to addressing threats from near peer adversaries, why is it government p…
"The world's three biggest markets - China, the U.S. and Japan - accounted for 85 percent of global parcel volumes and 77 percent of global parcel spend in 2020." https://t.co/hLwo6XZ7z9 https://t.co/4652fiiuST

Really cool new interactive web app from @kpomerleau that lets you compare current/proposed US corp taxes to each other & various OECD countries:
https://t.co/zDHsYQzdjR https://t.co/hInMPpWzfb

RT @veroderugy: Must read by @scottlincicome Questioning Industrial Policy | Cato Institute bonus: awesome design https://t.co/ih43yO4F07
RT @carlquintanilla: Very weird dynamic developing in #NYC: apartment rents are soaring, up +11.7% — but OFFICE rents down -7.5%, “as vacan…
An attack on barbecue is an attack on America. https://t.co/iB5dpHl1Qq

@JLTfromNC @JamesValvo @CaseyMattox_ @Anastasia_esq @PacificLegal CORRECT
Easily one of the most sympathetic plaintiffs - & most noble lawsuits - ever filed: https://t.co/lR6poDg4k8 https://t.co/sDKftkSX8L

@CaseyMattox_ @JamesValvo @JLTfromNC @Anastasia_esq @PacificLegal This plaintiff is a hero. The lawsuit is fine too I guess.
RT @M_McDonough: U.S. Home Prices YoY% by city: **(SPREAD: Highest Price Tier Homes - Lowest Price Tier Homes** https://t.co/7kgrwGvay6

RT @DonFSchneider: @stevertax @goodtaxtakes @JPTrachtman @scottlincicome I think Entin has a really good piece on this here that is much ov…
If you asked my family what they think I do all day, it'd be this exact gif https://t.co/7pkCHsquLG
@briangerard13 Didn't officially can. But did heat the jars in a boiling water bath. Lasted months like that. Use the juice.
@kpomerleau Hmm. I don't see you RT'ing my tweet re my new industrial policy paper so I shall withhold judgment.
RT @CKinstitute: “The answers to these questions argue strongly against a new embrace of industrial policy. Reality, in fact, argues the op…
@CounselorNachos @tpwk47 @Ospreyflan @JPTrachtman Corporations are a legal fiction. They don't pay taxes. They will spread the tax among 3 grps of INDIVIDUALS. If you want to tax capital, tax capital. Don't pretend that some monopoly-man corporations are, absent the tax, spending windfall profits on hookers & blow.
@CounselorNachos @tpwk47 @Ospreyflan @JPTrachtman Oh come on. Listen to the political rhetoric. The CORPORATIONS pay, not their shareholders. It's always that, and CEO pay, buybacks, and other stupid distractions. Not abt an inefficient tax on thousands of anonymous equity holders (along w consumers/workers).
@TheH2 @_Peter_Cook Shhh it's very scary. Tune in tonight to hear more!
Hearts and minds, folks. Hearts and minds. https://t.co/8mDBlZvBMf
@janecoaston @ezraklein That's how they get you hooked! Bc otherwise nobody would buy...umm...cocaine.
@HaikuJonah It's the MG. Leaking oil is kinda its thing
Rosie needs to stop hanging out under the car. https://t.co/FWBDPatrQe

@tpwk47 @CounselorNachos @Ospreyflan @JPTrachtman Don't forget the state/union pension funds. Fatcats, all of them.
RT @washingtonpost: More than 99 percent of the system’s roughly 35,000 employees have followed the mandatory vaccination program, Novant H…
@LoganMohtashami @AlanMCole @HousingWire This is so sweet, you guys
RT @scottlincicome: 🚨OUT TODAY🚨My @CatoInstitute White Paper, "Questioning Industrial Policy: Why Government Manufacturing Plans Are Ineffe…
"IBuyers say they represent just 1% of U.S. home transactions today, but... [a]mong 33 markets analyzed by Zillow, four showed iBuyers commanding market share of 5% or more in the second quarter." https://t.co/DKIB0gdk0q https://t.co/rxP84CSvWN

"The Highest-Valued Startups in the World" https://t.co/0vO7slhRlZ https://t.co/1Si09Cw1MY

RT @business: Sanofi doesn’t plan to pursue the development of a messenger RNA vaccine against Covid-19 because the shot will come too late…
"it is revealing to see that a substantial child care supply program would have a budget cost of roughly $2 trillion over the next 10 years." - @djheakin https://t.co/secRfbbLYK
"[DC] city lost a net of nearly 19,000 households to moves in 2020, according to U.S. Postal Service permanent change-of-address data. That was more than every state in the U.S. except California, New York, Illinois and Massachusetts." https://t.co/DlHiq5jAaz https://t.co/9RTMhhSEb7

#MIGA https://t.co/okyEQme2Bs https://t.co/KOorUHXRi9

Fine, I guess. But I won't rest until we have Amazon Rosey. https://t.co/d8c7lHEqU0
Jerome's been writing checks his banks can't cash!
@josephbpeterson @CatoInstitute Thanks. Yeah, if "IP" means "anything the state ever touches, no matter how peripherally or unintentionally," then IP created *literally everything*. Pretty silly.
@JPTrachtman They do that too (hence why shareholders also bear some of the tax burden). They also move offshore, or hire fewer workers, or reduce product quality, or...
Point being: They don't pay. Ever. Nothing "unfair or absurd" about it. It just *is*.
RT @Lucian_Cernat: #tradeXpresso: Surprisingly perhaps, the EU is not well placed in the global #unicorn rankings. Only 8% of unicorns worl…
RT @mungowitz: Sweden is one of the world's most innovative countries.
Because Sweden is one of the world's most CAPITALIST countries. htt…
@veroderugy The cover art may be my favorite part. 😉
RT @jmhorp: I bought a sandwich for $3.50 today. I also paid for it with $3.50. So it costs me zero dollars.
@ATabarrok @HJWallEcon @jmhorp he needs to delete/repost asap
RT @imbernomics: You have one week @US_FDA. NOW MOVE!
New @nberpubs: "Why Don’t Elite Colleges Expand Supply?" https://t.co/xE4vpilxbN https://t.co/KbT1UdvXvN

New @nberpubs: "Why Does Education Increase Voting? Evidence from Boston’s Charter Schools" https://t.co/JgD6se4N4Z https://t.co/WQEKRBFivv

New @nberpubs: "Technology Adoption and Market Allocation:The Case of Robotic Surgery" https://t.co/ZjvLzgzehm https://t.co/ezrGIehGZr

New @nberpubs: "Privatization of Public Goods: Evidence from the Sanitation Sector in Senegal" https://t.co/gZOmpCnmPs https://t.co/Q715fxy440

New @nberpubs: "Labor Market Nationalization Policies and Exporting Firm Outcomes: Evidence from Saudi Arabia" https://t.co/XYwBwNYfLv https://t.co/u4G3v4gPr6

@scottlincicome I didn't have "UAW wants to stop the move to electric vehicles" on my list of concerns.
@scottlincicome It just sounds so strange that a supermarket company like Walmart would own buildings and land, doesn't it? Ditto a warehousing one like Amazon. Can't think what the directors might be doing there.