“We direct all our employees and consultants to comply with the law.” 😉
there are days and especially nights when i don’t see the point of seeing the point.
the policy you propose, if it were implemented badly, would not succeed. therefore it is naive and counterproductive ever to try it.
when you are affluent, you value choice. when you are hungry, you value food.
@louis it doesn’t matter. product superiority is ephemeral. entrenched market power long survives it.
even when a firm is on the merits extraordinary, we cannot allow its success to result in a consolidated industry. we have to keep throwing competitors at it until some of those new firms up their game.
if we have to argue whether a firm has a monopoly or not, the industry is too consolidated.
the way interest rate policy works is to impose a tax on the nonrich paid to the rich.
nonrich spend their marginal dollar bidding for (bidding up the price of) goods and services. the rich bank their marginal dollar. so such a tax can be disinflationary, if new money to the rich (Federal interest) doesn’t overwhelm
why is the cast of characters so small, that we have to recycle this particular villain?
it’s hard not to gotta-hand-it-to-them a bit on “US elites”, given how the same disappointments and mediocrities reinvent themselves in one another’s company where “new blood” or “merit” might otherwise appear. https://www.nytimes.com/live/2024/11/26/world/israel-hezbollah-lebanon-cease-fire/andrew-cuomo-joins-netanyahus-legal-defense-team?smid=url-share?smtyp=cur&smid=bsky-nytimes
(it’s even worse when you read the story. Dershowitz. Barr. a “dream team” of (in)famous hacks.)
with money, like any other thing, the dose is the poison.
on deportation, on tariffs, all the world is holding its breath, “does he really mean the extremity of what he proposes? or is the point to pocket some victory and negotiate back to moderation?”
it wouldn’t be an effective tool for negotiation if you could tell it was a bluff. you can’t.
i feel like i’ve been made president.
Screenshot of email message, from “Dropbox”, subject “trial canceled”.
@laprice forget ICE fund NORAD!
who do we have to tariff to stop the flow of ketamine?
@Transportist huh! i always presumed it was its Civil War role that gave it its name. i guess the name preceded that.
it’s the Civil War story that i still find haunting though.
https://www.mdhistory.org/resources/union-artillery-emplacements-on-federal-hill/
@Transportist no. that was never its role. the cannons at Fort McHenry were for that. they point outward into the Chesapeake Bay.
this photograph is a Civil War story. the cannon is on a spot thenceforth known as Federal Hill. it (and there were many more) points directly at the heart of the City of Baltimore.
the whys and wherefores are left as an exercise for the reader.
Photograph of a cannon pointed at Baltimore Harbor / Downtown Baltimore from Federal Hill.
people who have learned nothing are now going to run everything.
@Phil i think there are lots of ways to be mistaken that don’t reduce to sloppiness. the space of things to consider or fail to consider is infinite. tradeoffs must be weighted and can be misweighted. i think nearly all writers on complicated subjects are often mistaken, but i don’t think nearly all are disingenuous.
a good pairing:
https://bsky.app/profile/cristiproist.bsky.social/post/3lbs3uhsxdc2m
https://bsky.app/profile/whstancil.bsky.social/post/3lbrkjmf6rs2i
(ht @sjshancoxli for the latter)
@artcollisions some with, some without i think. do you think having editors should be a discriminator?