for people who live there and love it, NYC in fact has a lot of market power. no matter how rich you are, there really isn’t anywhere else like it, particularly if you are an English speaker and your politics are antagonistic to European social democracy.
a democracy progresses less by factions winning fights than by forging agreements encompassing mixes of consensus and reciprocal compromise. i know that’s hard to imagine now that we’ve bifurcated into mirror image caricatures of ourselves.
maybe the reason for that spat with Trump is he was off his meds at the time.
suppose you cut medicaid, but create a “stabilization fund” to hold hospitals harmless, prevent rural hospitals from shuttering. all you’ve done is created income for hospitals without requiring—or even allowing—them to actually do the work of helping those who would have been medicaid recipients.
there is so much to be done that has to be done by people, and so many people doing little or doing a lot of little real value. 1/
large language models have not changed this basic situation. 2/
X should brand its stablecoin, all of its financial products, “Starship”.
sometimes policy mostly has intended consequences.
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i think there’s no such thing as thinking.
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it will be a real escalation of the troll wars when Iran issues an evacuation warning for NYC.
roughly what we spend on the military, with likely lots of room to grow.
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English the language seems still on the rise despite the collapse of the anglosphere as aspirational.
in practice isn’t the “appeal to heaven” usually an appeal to hell?
in finance there is always a big beautiful boom before the crisis. and those well placed to benefit from the boom, people who, with the money they will make, can insulate themselves from the crisis, pay politicians to promote rather than restrain the cycle.
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"If we are to have derisking for capital, why not for labor too?" Broadly excellent on the *Abundance* kerfuffle, by @briancallaci.bsky.social jacobin.com/2025/06/abun... ht @besttrousers.bsky.social
To Get Abundance, We Need to Discipline Capital
Link Preview: To Get Abundance, We Need to Discipline Capital: Concerned to increase the supply of housing and improve infrastructure, some on the Left have come to embrace the “abundance agenda.” But what capital needs is discipline, not deregulation.You'd think the big, America First interest in an Israel-Iran War would be its containment, ensuring it does not expand to become a resource-draining commitment or a larger conflagration that threatens American lives and property.
Whatever you think of the merits of the TikTok ban, it is the Congressionally-mandated, Supreme-Court-reviewed, law. There is no basis for it not to be enforced. I hope the firms that are failing to comply with it on Trump's sayso eventually face the steep penalties the actual law imposes.
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I was just editing like a 16 post thread. Lame, I know. But in the middle of my editing, BlueSky became a blank login screen, forced me to sign in again. When I did, my thread was gone. That's probably 40 minutes of work lost. I'm really angry about it. cc @support.bsky.team
