“But as Keynesian economists have long understood, the most important factor in trade flows is changes in incomes, not prices. Far from being fixed, demand is the most dynamic element in the system.” @jwmason.bsky.social jwmason.org/slackwire/at... ht @mjhaugen.bsky.social @sevier.io
do the people of missouri just not gaf?
famous people love having selfies with famous people so for a whole menagerie of famous people there’s a photograph with whatever famous sociopath is pathing the socios today. it was just a snapshot, they say. we barely met.
our supreme court are just horrible people.
you see, it’s not that they want to execute a man who may well be entirely innocent. it’s about states’ rights.
The man singlehandedly reviving the classical liberal arts in America.
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Julius Caesar was done with politics.
it's not, in fact, unusual for a thing to be in ones own self interest despite being contrary to the greater good. for people trained in the anglo-american economic tradition, this can be surprising. these "market failures" are what's supposed to be unusual, weird, "advanced" in a curricular sense.
Lina Khan on “60 Minutes Overtime” on noncompetes. www.youtube.com/watch?v=Sxl4...
FTC Chair Lina Khan wants to keep fighting non-competes
Link Preview: FTC Chair Lina Khan wants to keep fighting non-competes: YouTube video by 60 Minutes
"Republican primary voters have moved from voting for Trump in spite of his transgressions to rejecting anyone who doesn’t transgress. If you’re not transgressive, you’re suspicious. Decency is countercultural in the Republican Party. It’s seen as a rebuke of Trump." www.nytimes.com/2024/09/22/o...
Opinion | MAGA Wants Transgression, and This Is What Comes With It
Link Preview: Opinion | MAGA Wants Transgression, and This Is What Comes With It: Want more Mark Robinsons? Vote for Trump.
the remarkable Lina Khan on 60 Minutes. via Zephyr Teachout www.cbsnews.com/news/ftc-cha...
it’s not a deep fake. it’s a deep fake of a deep fake.
“we’ve taken on a model of argument in which data, regressions and modelling…are the standard of proof. And because of this, we’ve closed off all possible explanations…except those for which usable datasets can be found.” @dsquareddigest.bsky.social open.substack.com/pub/backofmi...
"I swear that all my lying was the bravest form of truth" Rose Polenzani voicing the character of a trans man deceiving his lover captures J.D. Vance's ethos beautifully. genius.com/Rose-polenza...
I mean, he's not the first politician to try to flatter his audience. www.washingtonpost.com/politics/202...
Trump says if he loses election, Jewish voters would have ‘a lot’ to do with it
Link Preview: Trump says if he loses election, Jewish voters would have ‘a lot’ to do with it: Republican presidential nominee Donald Trump again suggested that American Jews owe him their votes because of his positions on Israel, invoking dual loyalty trope
can’t wait until elon gets excited about personalization and rebrands to my-x.com
“after so much spin, i find the outright lies to be kind of refreshing.”
q: can you impersonate a horse? a: nay
Text: When thinking about constitutional law topics, it is important not to lose track of the fact that it is all nonsense. The phrase “take care” in the constitution does not actually imply anything one way or another about for-cause removal protections for the NLRB ALJs. In a well-functioning system, judges would recognize this fact and leave lawmaking to the legislature, but we have a system where judicial supremacy combines with constitutional vagueness to effectively give judges discretionary and perpetual veto rights over all legislative and executive actions. Judges naturally use these discretionary veto rights in a way that generally aligns with their political preferences and thus the three Republican judges read the phrase “take care” to generate their preferred outcome — hindering the administrative state and labor law — while the one Democratic judge reads the phrase “take care” to generate their preferred, opposite outcome.
I think I'd disagree as much as I'd agree with @rajakorman.bsky.social's hard-to-summarize views on globalism, but unsurprisingly he is full of insight and wit. sankaran.substack.com/p/restoring-...
Restoring balance (or maybe not) to discussions of imbalances
Link Preview: Restoring balance (or maybe not) to discussions of imbalances: This is another piece I did for my friend Sam Lowe, trade expert and all-around good person, whose stack Most Favoured Nation you should definitely check out.