you’re allowed to dabble in solipsism when you don’t quite have object permanence.

maybe one way of interpreting the decoupling of sentiment from models based on conventional contemporaneous indicators is, after the COVID experience, people much less believe present conditions are a good proxy for the future, and they think worse futures more likely than better ones.

we usually call them sociopaths, but maybe it’s more informative to describe the people currently operating the commanding heights of our society as solipsists.

there is civil law, common law, and calvinball. under which legal tradition does your country fall?

the norm we should enforce is you do what i like.

i don’t think it’s predictable. Mechanically given low elasticities, particularly in the US, C on fossil fuels rises. it’s plausible consumers in aggregate hold other consumption stable (we’d see a balance sheet hit then), plausible they cut back other spending to more than offset or hold constant.

G, X-M rise, C uncertain (more on fuel offset by less elsewhere), I uncertain (more on inventories, perhaps much less elsewhere depending on outlook, perhaps surge in wells and other FF infrastructure). P rises. Net effect lower increase in Y/P than would have materialized otherwise.

pizzagate is real.

even the most absolute autocracy qualifies as a democracy, given a sufficiently narrow definition of the demos.

which is why perhaps it's best there simply not be very high levels of wealth and power invested in individuals.

to the extent he cares about perceptions, he should do something about this. (that said, i didn't link the piece to diss it, i think it serves the best function of the contrarian voice, which is to point out a bunch of things worth considering that people "on both sides" hesitate to acknowledge.)

shouldn't the verb for consuming tokens be toking?

(me too!)

but do it well this time…

retronyms emerge.

🙁

"If Israel doesn’t like how it’s perceived, it should change its behavior" @mattyglesias.bsky.social www.slowboring.com/p/if-israel-...

maybe we can make goodmaxxing a thing.

the correlations between virtue and wealth or power are, at least tracking from moderate to very high levels, quite obviously inverse. the entire world at the moment is a demeritocracy.

that's logical!