“if you install egalitarian economic institutions that result in a compressed distribution of income and wealth, the precise regional and sectoral composition of the economy becomes much less important.” @mattbruenig.bsky.social mattbruenig.com/2025/03/11/y...
So is the Khalil case going to end up at the Supreme Court on the whether a Secretary of State's statutory authorization to declare a noncitizen deportable can be Constitutionally exercised based primarily on 1A protected speech? (Will Khalil have any opportunity to see the sun in the meantime?)
"Overall, we find that gains associated with ideological moderation are relatively modest and likely secondary to turnout effects." // a bit sad from persuasionist perspective, but seems consistent with recent experience, e.g. relentlessly moderating Kamala Harris damned by turnout more than swing
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i wonder a lot what the experience is like in the world of military-to-military contacts, people who perhaps have worked in close cooperation with one another for years.
i ❤️ canada. as an independent friend and partner. as any american should. i am grateful they remain a voice of sanity through our lunacy, even at great cost. i hope we recover ourselves soon, and apologize and thank them properly.
Great news. ht @gottalaff.bsky.social www.nytimes.com/2025/03/11/u...
Katie Porter Will Run for California Governor
Link Preview: Katie Porter Will Run for California Governor: The former congresswoman is the most prominent candidate so far to start a campaign in the 2026 contest. But the race could be upended if former Vice President Kamala Harris decides to run.well, a generous native speaker! i know from my 30-something-brained Romanian i'll never be mistaken for a native speaker, but i can pretty fully participate in Romanian life. i really hope eventually to achieve that with Spanish.
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¡Despacio! Pero vamos en Uruguay el sabado. Espero aprender algo.
(i think i was wrong both ways, going back to Google translate… i feel good about my babbel.com performance but i have a very long way to go, alas. i do hope to spend more time in Latin America though, so maybe even my mid-fifties mind can catch some of it.)
Hai vino la mine, sa bem si sa aruncam o tesla… i mean, if drunken axe throwing is a thing in America, why not? next time we meet.
i speak Romanian but never knew this word.
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I think it's part of it! Stocks that trade largely as meme stocks, like Tesla, might not have thrived under tighter money. 1/
But also I think the degree to which winner-take-all network effects let the fastest, most reckless movers become permanent titans (along with the lack of antitrust activity to counter winner-take-all dynamics) also has a lot to do with it, and just wasn't forseen in 2011. /fin
"There's a big difference between being demanding and being demeaning…Unfortunately…what seems to be in vogue right now is a more demeaning approach to leadership." @adamgrant.bsky.social via Aki Ito www.businessinsider.com/low-performe...
The surprising truth about low performers
Link Preview: The surprising truth about low performers: Studies show that firing low performing employees doesn't "raise the bar" — it actually lowers performanceone would like to think so. but for the past 14-year-ish "cycle", the stock market winners have been corporate governance scofflaws, Musk who ignores all stakeholders except himself, Zuckerberg, Bezos. Ubermenschen. 1/
There are exceptions. Apple's corporate governance has been more reasonable, I think, despite Cook's strong hold on the firm. 2/
But overall, investors have been rewarded rather than burned for pinning their fates to narcissists. In a failed attempt to overturn the adverse court decision that provoked all this, Tesla's shareholders explicitly endorsed Musk's absurdly huge compensation claim. It's Musk who brings the magic! 3/
(The Delaware judge said an ex post endorsement couldn't fix it, so he's twice thwarted and doubly furious.) 4/
Anyway, until investors experience the downside of submitting to tyrants who fancy themselves Caesars, they might not relent on sending money to miserably run and now even more miserably policed firm. 5/
if this one passes, @mattlevine.bsky.social might need to revise his mantra "everything is securities fraud" to "there's no such thing as securities fraud".
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historically it's been great when a perception emerges that elites in government accord jews special protection, even at cost of other people's rights. heckuva job ADL.
A year ago on March 7 my dear friend Kristine died. This year on March 7 Kevin Drum died. I wasn’t friends with Kevin, we corresponded a bit, argued a lot, I read him pretty religiously. They are both Orange County people. I claim not to be superstitious (or solipsistic) but it’s spooky to me.


