from @ad-mastro.bsky.social thedeletedscenes.substack.com/p/are-roomma... ht @adammongrain.bsky.social

in other words, your perception of costs includes your perception of quality. of course it does. if you do not account for quality, you are not accurately gauging costs.

if the United States comes to have a much smaller role in the world and a smaller economic footprint, how persistent do you think will be the role of English as a kind of international, um, lingua franca?

make mistakes. if you don’t get it wrong, no one will correct you, so you may never have an opportunity to get it right.

“Rent in the most affordable ZIP codes has increased by about 50% more than rent in the most expensive ZIP codes. Think of it this way. Over the past decade, about one-quarter of the variance in rent has vanished.” @kevinerdmann.bsky.social kevinerdmann.substack.com/p/im-afraid-...

it’s worth stepping back every once in a while and marveling: so much winning. our new golden age.

sometimes social media is so mean you find yourself feeling bad for the most unsympathetic people.

they are not independent experiments. the hegemon going fash has knock on effects even in societies that might otherwise have governed themselves reasonably okay.

from now on “piggy” is an honorific.

“That is, rational choice modeling is just a structured way to make up a guy… it seems reasonable to think of economic rationality as a compression scheme.” @akhilrao.bsky.social akhilrao.org/blog/2025/11...

their happy ending is a multimillion dollar defamation settlement from Google.

if you accused the economic left of cynically latching onto Larry Summers’ Epstein correspondence, i think the response would be, well, fair cop.

Britain is an object lesson in how poorly arranged democracies can succumb to destructive positive feedback. The people who ensure a stagnant economy via Brexit enjoy political dividends blaming immigrants for the consequences of that very stagnation. (US democracy is arranged at least as poorly.)

with the disinflationary effects of an asset price collapse, you’d need stimulus and might be able to do $2K checks without inflation. ht @sharonk.bsky.social

i think at the time, neither she nor we quite understood the full extent of what insiders were inside of.

@nytpitchbot.bsky.social youch!

how dependent are AI valuations on a maximalist version of AI build-out and uptake which, in terms of scale, speed, and freedom from scrutiny, might be less plausible under a different administration?

evidence does not consist solely of data, and data does not automatically qualify as evidence.

and @tomslee.net wins the argument, in the only way these arguments can be won. he just let it go.