Universal healthcare is a wildly popular centrist position. It is also a pro business position as it boosts labor market dynamism and removes what for most firms is a non core operation and cost. Asking how it will be paid for in a system as rife w/ inefficiencies as the US sort of misses the point
Yakov Feygin
@buddyyakov.bsky.social
Political economy, Russia, ext. Also pictures of cats. Recovering historian doing financial engineering for the public sector the Center For Public Enterprise and still sometimes missing academia. https://www.hup.harvard.edu/books/9780674240995
Sailors Performing 'Yes Sir Salute'
ALT: Sailors Performing 'Yes Sir Salute'
static.klipy.com
Beginning to feel like I need to budget a week on the blog for a military primer on 'how the US Navy is the load-bearing pillar of your ability to eat bananas and of folks in developing countries to eat at all.' Not saying that is an optimal situation, merely that it is the situation.
The problem is that as we're seeing with the Strait of Hormuz, "the USA forfeits its global ambitions" does not lead to a new age of peace and sunshine, but to global recession and instability. The Strait of Hormuz is not the only load-bearing instance of US power backstopping modern economies.
I think the traditional answer is actually "forfeit your global ambitions because you can't afford them and voters won't make the sacrifices necessary to restore them," unfortunately
a mizrahi jew pushed to suppress his arab roots (2022, colorized)
what the fuck am I reading lmao
we have spent more than 5x what China has spent on AI if strategically I wanted to crush a sovereign rival, convincing them to reorient their entire economy so that all growth comes from a technological dead end - or really just does not justify the investment - it would be pretty smart
I can keep two thoughts in my head at the same time: 1) that AI poses serious ethical and social questions that cannot be brushed aside in the name of "progress", and 2) that we can't simply cede leadership in AI development to China. Each can be true without invalidating the other.
The Professional Managerial Class is the revolutionary class and the DSA is their conduit. Which is why the left nimby stuff was so counterproductive. Why are you trying to impoverish your own political base, moron?
DSA-aligned Democrats are now the most pro-free-trade voting bloc in the United States, in an incredible turn of events www.theargumentmag.com/p/who-suppor...
Funny that one of the big talking points from the administration was they had “rebuilt the military” then turned around and used up all the PRsM’s, ATACMS, and half the tomahawks on a idiotic war of choice in the Middle East
Okay Reuters on a heater this morning *US ARMY USED 'VIRTUALLY ALL' LONG-RANGE PRECISION MISSILES:RTRS
These AI foreigners are deeply disrespectful of Chinese culture, despite having taking the time to become fluent in Mandarin
Chinese viral AI videos are turning foreigners into villains, flooding Chinese social media. They depict foreigners as threats to China’s social, moral, and national order. Strong, confident Chinese people confront, violently beat, and humiliate them in defense of their country. See more below🧵
As the guy known universally as "cartoonishly corrupt Mayor" you can trust me when I say...
“‘Let me tell you something: My name is Eric Adams,’ he continues, as the boos begin to rain down.” hellgatenyc.com/eric-adams-i...
"Saying that AI data center debt issuance is similar to Collateralized Debt Obligations because both involve creating a Special Purpose Vehicle is like saying borrowing ten dollars from a friend is like promising a guy 100,000 dollars if he kills your wife. Hey, they’re both oral contracts!"
*Sigh* No Ed Zitron, AI bond issuance is not AI’s "Subprime Mortgage Crisis”
EDITORIAL NOTE: Given the importance of this issue, and in a desire to be fair when writing such a critical piece, I sent a draft of this article to Ed Zitron to review and give his response to. I've ...
crisesnotes.com
this is not nick fuentes level anti-semitism. but it's close enough.
Iran's target choice seems wild to me. Start hitting swing states man
This is a crisis of federalism. Tim Walz is asserting as fact that Iran attacked water infrastructure in Minnesota and several other states. And Trump is saying it's Minnesota's own fault they were attacked as part of a war he started.
Another way to think abou this is does Warsh work for Trump or does he work for the people who own Trump?
The pivot from “You’re a Jew hating Muslim extremist” to “ I’m gonna lower the price of groceries” is really jarring. For a couple reasons 1. It’s clear this is just a list of talking points and the accusation of bigotry means nothing to her but 2. No, you are absolutely not lowering grocery prices
She knows she’s losing so she said let’s just go mask off.
NEW @rooseveltinstitute.org: as wildfires & heatwaves rage, we are not powerless. As 19 authors argue in our 157-page "Building Up in 2029" report, we can adapt & expand Biden & Trump experiments to create lasting state capacity to tackle climate change. 🧵🧵 rooseveltinstitute.org/publications...
Building Up in 2029: How to Make Green Statecraft Durable
Explore 17 essays on durable US climate and industrial policy after Inflation Reduction Act rollbacks, covering governance, planning, finance, and production.
rooseveltinstitute.org
BIG PAPER ALERT!!!!!
I have a new working paper up on SSRN, Tax and the Law of Market Cycles. The core idea is: what if we applied everything we've learned about countercyclical macroprudential regulation to the boom-bust cycles of physical commodities and heavy industries? papers.ssrn.com/sol3/papers....
I remember seeing someone (very reasonably) complaining here a few days ago that there seems to be next to no visible thinking on left and center about how to join the dots on administration and democracy. This is the beginnings of an answer to that complaint donmoynihan.substack.com/p/rebuilding...
Rebuilding Democracy Requires Rebalancing Power
What does a power-shifting agenda look like?
donmoynihan.substack.com
he's like the end-game boss of Forbes 30 Under 30 lmao
For the DMs but also it’s like a resume of epic scam guy.
For the DMs but also it’s like a resume of epic scam guy.
Hamas tells the BBC it will disarm. So absolutely no reason for Israel to remain in Gaza, right?
Hamas agrees to Trump's plan to disarm in Gaza, official tells BBC, with Israel yet to comment
A senior Hamas official said the group had agreed to the plan - announced by the US president late on Thursday - and an official statement would follow.
bbc.co.uk