The Earl of Fox Succession

I am of the view that a surprisingly large chunk of American (and British) political history from 1990-2020 may well turn out in historians' future judgments to revolve around Rupert the Kingmaker, in a role analogous—but in a really weird way—to the role of the Earl of Warwick in the Wars of the Roses.

As David Frum once put it: "We thought that Fox News worked for us, but then we learned that we worked for Fox News".

Thus the Murdoch succession—the transition from Rupert the Decider to Lachlan the Decider may well be a key moment. Rupert thinks it is a huge joke to boost his fortune by scaring the piss out of his viewers and so glueing their eyeballs to the screen so they can be sold fake diabetes cures and overpriced gold funds. Rupert thinks this is a huge joke even though—or, rather, especially because—it leads to him getting lots of side-eye from his peers.

Lachlan is likely to value the side-eye less, if it all, and value being one of the great-and-good in good standing more: Steve M.: Is This Why Fox Suspended Jeanine Pirro?: "I don't believe there'll really be major changes at Fox. I think the hope is that small, insignificant steps will bamboozle investors and advertisers. But we'll see...

Continue reading "The Earl of Fox Succession" »


James Felton: Nine days from ‘Brexit day’, does anyone have a clue what’s happening?: "We’re begging for an extension and seeking trade deals with the mighty Liechtenstein. Everything is fine.... It was admittedly quite funny that Theresa May is in the position of defending getting people to vote over and over again until she gets the result that she wanted.... After the announcement, some ERG members expressed dismay that they weren’t allowed to vote again (see how funny this is?) Strongly approve of Bercow making decisions based on how funny they are to people who retain the capacity for rational thinking)....If only they’d treated the meaningful vote more like a meaningful vote and less like tantric legislative foreplay before a full 29 March climax, but you live and learn.... So here we are. Nine days to go, hoping that 27 countries that May said would be crushed if they didn’t offer her a good deal are kind enough to all let us stay a little longer if we beg. If we’ve annoyed any one of them enough, say, by calling them Nazis or likening them to Soviet prisons for the past three years, they could veto our extension...

Continue reading "" »


“An Extraordinary Episode in the Economic Progress of Man!”: Yet Another Outtake from "Slouching Towards Utopia?: An Economic History of the Long Twentieth Century, 1870-1914"

DIE, DARLINGS, DIE!!!!!


Il Quarto Stato

“An Extraordinary Episode in the Economic Progress of Man!”

Yet all in all it is not possible to see the 1870-1914 making of the single global economy—and society—as anything other than an extraordinary and wonderful episode in the history of humanity. Looking back from 1919 on the optimistic, economists’ world that he had thought he had lived in up until the start of World War I in August 1914, John Maynard Keynes wrote, in his Keynes-centric upper-class-focused way:

What an extraordinary episode in the economic progress of man that age was which came to an end in August, 1914!... Conveniences, comforts, and amenities beyond the compass of the richest and most powerful monarchs of other ages. The inhabitant of London could order by telephone, sipping his morning tea in bed, the various products of the whole earth, in such quantity as he might see fit, and reasonably expect their early delivery upon his doorstep; he could at the same moment and by the same means adventure his wealth in the natural resources and new enterprises of any quarter of the world, and share, without exertion or even trouble, in their prospective fruits and advantages.... He could secure forthwith, if he wished it, cheap and comfortable means of transit to any country or climate....

Continue reading "“An Extraordinary Episode in the Economic Progress of Man!”: Yet Another Outtake from "Slouching Towards Utopia?: An Economic History of the Long Twentieth Century, 1870-1914"" »


Six Migrants and Their Descendants Who Made History: Yet Another Outtake from "Slouching Towards Utopia?: An Economic History of the Long Twentieth Century, 1870-2016"

MOAR DARLINGS MUST DIE!!!!!


Il Quarto Stato

Six migrants and their descendants who made a lot of our history:

Continue reading "Six Migrants and Their Descendants Who Made History: Yet Another Outtake from "Slouching Towards Utopia?: An Economic History of the Long Twentieth Century, 1870-2016"" »


"A 'period'... could be three years, or it could be 20": Paul Krugman (May 1998): Japan's Trap: "The basic premise-that even a zero nominal interest rate is not enough to produce sufficient aggregate demand-is not hypothetical: it is a simple fact about Japan right now. Unless one can make a convincing case that structural reform or fiscal expansion will provide the necessary demand, the only way to expand the economy is to reduce the real interest rate; and the only way to do that is to create expectations of inflation...

...Of course, it is not necessary that Japan do anything. In the quasi-static IS-LM version of the liquidity trap, it appears as if the slump could go on forever. A dynamic analysis makes it clear that it is a temporary phenomenon-in the model it only lasts one period, although the length of a 'period' is unclear (it could be three years, or it could be 20). Even without any policy action, price adjustment or spontaneous structural change will eventually solve the problem. In the long run Japan will work its way out of the trap, whatever the policy response. But on the other hand, in the long run...


#noted

Wise from Simon: a "Green New Deal" needs to be not just technocratically efficient but politically popular: Simon Wren-Lewis: How to Pay for the Green New Deal: "Tackling climate change is resisted by powerful political forces that have in the past prevented the appropriate taxes, subsidies and regulations being applied. Which is a major reason why the world has failed to do enough to mitigate climate change.... Just as proponents of a Green New Deal are savvy about the need to overcome the resistance of, for example, the oil and gas industry, they also realise that the Green New Deal needs to be politically popular. So the New Deal package has to include current benefits for the many, perhaps at the expense of the few.... If you cannot make the polluter pay, it is still better to take action to stop climate change even if future generations have to pay the cost of that action...

Continue reading "" »


Jacob Levy: Democracy for Republicans: "American conservatism and market liberalism... overlook the deep relationship between democratic government and modern commercial capitalism.... The kind of positive-sum market economy that has transformed the world since 1800 through compounding productivity increases and economic growth is very different from the ancient Rome riven by class conflicts over zero-sum land distribution, but the Founders understood the Roman precedents better than they understood the world that was about to emerge. And that economic world emerged with, not against, the development of a kind of democratic government they also did not foresee, government by contending, permanent political parties alternating in power by competing for votes in a mass-suffrage society...

Continue reading "" »


Excellent insight into police-community relations in America from a very observant and thoughtful peace officer: Patrick Skinner: "One of the questions I ask every class: When was the last time you had a positive encounter with a cop who didn’t know you were a cop in which she wasn’t telling you to do something (Traffic) or you weren’t asking something. The answer 100% has been ‘never’. That’s an issue.... I’m speaking to literally the most cop supportive group-other cops-and they can’t think of a positive voluntary encounter with a cop. The problem isn’t our neighbors. It’s us the cops. It doesn’t have to be this way. So, that’s my whole 1 day course kinda.... We need to train cops entirely as if they didn’t have a badge and a gun. And only at the end say ‘by the way, you have this authority, use it as a parachute.’ The badge gets you in the door. The rest is anti-drama. Act accordingly...

Continue reading "" »


Fairly Recently: Must- and Should-Reads, and Writings... (March 20, 2019)

6a00e551f080038834022ad3b05124200d


  1. Jennifer Jensen Wallach (2002): The Vindication of Fawn Brodie: "Julian Bond... articulated the feelings of many black Americans when he said: 'Through all my life, as long as I have known there was a Thomas Jefferson, I have known there was a Sally Hemings. And I have known, not in a... scholarly way... I know this relationship existed and while, I cannot prove it, I don't find it at all odd that it might have, or could have, or actually did happen. A man who owns slaves is not far away from one who will sleep with his slave.... Brodie noted that: /The unanimity with which Jefferson male biographers deny him even one richly intimate love affair after his wife's death suggests that something is at work here that has little to do with scholarship, especially since they are so gifted in writing about every other aspect of his life'...

  2. Fawn M. Brodie (1971): Jefferson Biographers and the Psychology of Canonization: "The women who have written about Jefferson in Paris see neither inhibitions nor 'hangups', nor an absurd preoccupation with the god of reason; they also read the Cosway letters without preconceptions about Jefferson's lack of masculinity.... One could continue, in describing the varied biographical treatment ofJefferson's intimate life, by discussing the ancient, controversial story of Sally Hemings. The documentation is so scattered and complicated, however, that it deserves a small volume in itself, and simply cannot be adequately reported in this essay.... Malone, who finds the story even more abhorrent than does Peterson, devotes a whole appendix in his new volume to a discussion of the evidence. He holds that the father of Sally Hemings's children may have been Peter Carr, but that it was more likely to have been his dissolute brother Samuel. 'It is virtually inconceivable', he writes ofJefferson, 'that this fastidious gentleman whose devotion to his dead wife's memory and to the happiness of his daughters and grandchildren bordered on the excessive could have carried on through a period of years a vulgar liaison which his own family could not have failed to detect'.... The unanimity with which Jefferson male biographers deny him even one richly intimate love affair after his wife's death suggests that something is at work here that has little to do with scholarship, especially since they are so gifted in writing about every other aspect of his life...

  3. E. M. Halliday (2001): Understanding Thomas Jefferson https://books.google.com/books?isbn=006175546X

  4. The very sharp John Lukacs on what I call "fascism"—proletarian ethnoi that need to fight enemies foreign and domestic with economic cleavages within the ethnoi papered over, rather than proletarian classes that need the economic system unrigged. For some reason he calls it "nationalism", which I think is properly something different: there may well be elective affinity between belief in the nation-state as a political and sociological community and fascism, but it is certainly not an identity: John Lukacs: The Duel: The Eighty Day Struggle Between Churchill and Hitler: "The principal force of the twentieth century is nationalism...

  5. Brilliant from my freshman roommate Robert Waldmann: Robert Waldmann: The Transformation of Left Neoliberalism: " We should want a small state, but the key is a small surface area not a small volume. Shrinking the state by drilling so there are private-sector salients worsens the problem...

  6. David Brooks: The Case for Reparations: "Sitting, for example, with an elderly black woman in South Carolina shaking in rage because the kids in her neighborhood face greater challenges than she did growing up in 1953...

  7. Brishen Rogers: Beyond Automation: The Law & Political Economy of Workplace Technological Change: "Companies are, however, using new information technologies to exercise power over workers in other ways, all of which are enabled by existing employment laws...

  8. Phil Lord and Rodney Rothman: Screenplay: Spider-Man: Into the Spider-Verse

  9. Abhijit V. Banerjee and Esther Duflo (2007): The Economic Lives of the Poor

  10. Wikipedia: Greek to me: "It may have been a direct translation of a similar phrase in Latin: 'Graecum est; non legitur'...

  11. Daniel Davies: One-Minute MBA

  12. David Leonhardt: Trump’s Trade Grade: "'He set out to fix a non-problem (a trade deficit) and created real ones including international conflict, higher consumer prices and gross inefficiency'...

  13. George Magnus: China Leadership Monitor: "Before the 1980s and again since 2012, when reforms were suppressed or stifled and inputs were boosted, but without any improvements...

  14. Jonathan Bernstein: 2020 Elections: Far Left Won’t Take Over the Democratic Party: "It lost five of six presidential elections through 1988. The Democratic Leadership Council of that era was split...

  15. SF Eater: Ginto Izakaya Japonaise

  16. Ramen Shop

  17. Iyasare

  18. *Gregory Travis *: 737 MAX Article

  19. Juliane Stockman: @JulianeStockman: "If you haven't subscribed to @tressiemcphd https://thefirstand15th.substack.com, you need to.... I'm gonna have to journal about this months' essay. Hell, I'm probably gonna take it into therapy to process it. It packs a wallop...

  20. John Harwood: @JohnJHarwood: "Trump/GOP promised lasting 3+% growth from self-financing tax-cuts. Mainstream economists predicted brief deficit-fueled growth burst...

Continue reading "Fairly Recently: Must- and Should-Reads, and Writings... (March 20, 2019)" »


"The... value of names... was changed into arbitrary.... Inconsiderate boldness, was counted true–hearted manliness: provident deliberation, a handsome fear: modesty, the cloak of cowardice: to be wise in every thing, to be lazy in every thing. A furious suddenness was reputed a point of valour. To re–advise for the better security, was held for a fair pretext of tergiversation. He that was fierce, was always trusty; and he that contraried such a one, was suspected. He that did insidiate, if it took, was a wise man; but he that could smell out a trap laid, a more dangerous man than he. But he that had been so provident as not to need to do the one or the other, was said to be a dissolver of society, and one that stood in fear of his adversary.

"In brief, he that could outstrip another in the doing of an evil act, or that could persuade another thereto that never meant it, was commended.... To be revenged was in more request than never to have received injury. And for oaths (when any were) of reconcilement, being administered in the present for necessity, were of force to such as had otherwise no power; but upon opportunity, he that first durst thought his revenge sweeter by the trust, than if he had taken the open way. For they did not only put to account the safeness of that course, but having circumvented their adversary by fraud, assumed to themselves withal a mastery in point of wit. And dishonest men for the most part are sooner called able, than simple men honest: and men are ashamed of this title, but take a pride in the other...":

Neville Morley: Lawful Neutral?: "Victor Davis Hanson, and the use of ‘consensual’ to describe attempts at doing without the active consent of the governed is a neat trick.... Hanson['s]... first chapter explicitly presents The Two Americas as an echo of Athens v Sparta, sophisticated coastal elites versus rough unlettered rural folk, with the majority of Greek poleis rooting for the later. Hanson presents himself as the detached observer, who lives among the real people of the countryside on his ancestral estate but knows his way around the world of the city–and so his choice to side with the ‘Spartans’ is based on full knowledge and understanding of both sides, not the ignorance of knowing no other way of life (a fault of the clever Californian and Beltway elites as well).... His depiction of a divided America is Thucydidean not only in its chosen tropes but in authorial self-conception: he... recognises, even as he recoils from... the charisma and power of a Cleon, despising and desiring at the same time his rough anti-aristocratic manliness; Cleon’s methods are not those of Thucydides’ class, but they promise to have the desired effect on the corrupt status quo, simultaneously too democratic and anti-populist. This Thucydides is Chaotic Evil: dedicated (even if just as cheer-leader) to... the triumph of individualism and naked self-interest.... As Thucydides described and this modern Thucydides exemplifies, every action is praiseworthy insofar as it benefits one’s own faction and hurts the enemy, and reckless vulgarity and self-interest are redefined as the traits of an off-putting Homeric hero...

Continue reading "" »


Benjamin Wittes: ‘Speaking Indictments’ by Robert S. Mueller III: "Bob Mueller has already told a remarkable story. He’s told it scattered through different court filings in a variety of cases, indictments, plea agreements, stipulations of fact. We decided to distill it, to organize it, to put it all in one place, to tell the story of the Russia investigation orally, to let a remarkable group of speakers read the speaking indictments that Mueller has issued. So here’s the story of the Russia conspiracy, distilled to a brief audiobook in seven chapters. What you’re about to hear is all taken nearly verbatim from actual Bob Mueller filings. We’ve cut a lot, moved stuff around, and changed a few words here and there to make it sound more like a narrative. We have changed the meaning not at all...

Continue reading "" »


The Disjunction Between Production and Distribution: An Outtake from "Slouching Towards Utopia?: An Economic History of the Long Twentieth Century 1870-2016

Il Quarto Stato

KILLING YET MORE OF MY DARLINGS! (sob!)


In the world as it stood in 1870–and even more so in 1914—there was a huge disjunction between the growing effective economic power of the human race and the proper distribution of this potential wealth. Science, technology, and organization were clearly wreaking miracles. The rewards, however, were not going to the scientists and the engineers and the workers, but to the landlords and the financiers and to the organizer-entrepreneurs. The sociological contribution of this latter group in creating organizations and setting them in motion was mighty. Best friends Karl Marx and Friedrich Engels probably put it best in 1848:

The business class, during… scarce 100 years, has created more massive and more colossal productive forces than have all preceding generations together. Subjection of Nature’s forces to [hu]man[ity], machinery, application of chemistry to industry and agriculture, steam-navigation, railways, electric telegraphs, clearing of whole continents for cultivation, canalisation of rivers, whole populations conjured out of the ground—what earlier century had even a presentiment that such productive forces slumbered in the lap of social labour?…

However, the benefits of greater human power to harvest fruits from nature and organize persons did not trickle down. There were, broadly speaking, as of 1870 three views about why it did not trickle down; and about what, if anything, ought to be done about it:

Continue reading "The Disjunction Between Production and Distribution: An Outtake from "Slouching Towards Utopia?: An Economic History of the Long Twentieth Century 1870-2016" »


Alan Krueger's suicide is horrible and tragic news. All sympathy to his family. He was a light that shone very brightly for good into many dark corners. זיכרונה לברכה: Noah Smith: Alan Krueger Led a Quiet Economics Revolution: "Nor did Krueger restrict himself to the academy... chief economist at the Department of Labor... assistant Treasury secretary... chairman of the Council of Economic Advisers later in the Obama administration.... Krueger’s work defined what a modern economist should look like. He relentlessly focused on issues of practical, immediate importance. He constantly concerned himself with the betterment of the lives of poor and working people, but refused to naively assume that programs designed to help these people always had the intended effect. He was always aware of relevant economic theories, but never let himself be bound by them. This eclectic, humble, humanistic but practical approach has set the tone for an entire generation of young economists. He was taken from us far too soon, but his impact on economics, and on the world, will last for a very long time to come...

Continue reading " " »


The ca.-1870 Disjunction Between Production and Distribution

Il Quarto Stato

In the world as it stood in 1870 there was seen to be a huge disjunction between the growing effective economic power of the human race and the proper distribution of this potential wealth to create a prosperous and happy society. That science, technology, and organization could wreak miracles had become commonplaces. Best friends Karl Marx and Friedrich Engels probably put it best in 1848:

The business class, during… scarce 100 years, has created more massive and more colossal productive forces than have all preceding generations together. Subjection of Nature’s forces to [hu]man[ity], machinery, application of chemistry to industry and agriculture, steam-navigation, railways, electric telegraphs, clearing of whole continents for cultivation, canalisation of rivers, whole populations conjured out of the ground—what earlier century had even a presentiment that such productive forces slumbered in the lap of social labour?…

Continue reading "The ca.-1870 Disjunction Between Production and Distribution" »


Imprisonment by Malthus and "Negative Liberty"

Il Quarto Stato

At the start of the Long 20th Century John Stuart Mill, Britain’s leading economist, leading moral philosopher, and one of its leading imperialists and rulers of the empire as a former India Office bureaucrat, was putting the finishing touches on the final edition of the book that people then looked to to learn economics: Principles of Political Economy, with Some of Their Applications to Moral Philosophy. His book and his thought gave due attention and place to the 1730-1870 era of the British Industrial Revolution. Yet in the year 1870 he looked out on what he saw as a poor and miserable world. “Hitherto”, he wrote, looking at the world and at the Great Britain and Ireland of his day:

it is questionable if all the mechanical inventions yet made have lightened the day’s toil of any human being. They have enabled a greater population to live the same life of drudgery and imprisonment, and an increased number of manufacturers and others to make fortunes. They have increased the comforts of the middle classes...

Continue reading "Imprisonment by Malthus and "Negative Liberty"" »


Outtake from Slouching Towards Utopia: An Economic History of the Long Twentieth Century: The Dire Absolute Poverty of the Globe in 1870 https://www.icloud.com/pages/0-ZwSIf-ES3dfIBtF_dW_DBmQ: You need to understand three things to grasp the state of the world economy in 1870: that the drive to make love is one of the very strongest of all human drives, that living standards were what we would regard as very low for the bulk of humanity in the long trek between the invention of agriculture and 1870, and that the rate of technological progress back before 1870 was glacial, at best...

Continue reading "" »


For all the Trumpists, language and argument is not an attempt to understand the world and persuade others but rather an attempt to destroy understandings of what is and to dominate others: Gabriel Schoenfeld: Trump Supporters Say the Darndest Things: "Readers may not be aware but before Roger Kimball became a fanatical acolyte of Donald Trump, he was a fanatical hater... bitterly complaining of the rallies where Trump 'encouraged a whipped up crowd to extend their right arms in Nazi-like salute while pledging allegiance to the Great Leader'.” Many more such depictions of our 45th president as an aspiring führer can be found in the prolific output of this eminent conservative intellectual.... To judge by his response to my review of Hanson’s book, Kimball seems to have forgotten that he specialized in such Nazi references... right up until the moment he abruptly switched from worrying about the impending Trump Third Reich to hailing Trump for his 'salubrious and morally uplifting' presidency. I don’t believe it is an ad hominem argument to raise questions about the quality of a mind that would produce such extraordinary gyrations...

Continue reading "" »


One of my hobbyhorses: a "semi-skilled" worker is an unskilled worker with a union: Kate Bahn sends us to: Byron Auguste: Low Wage, Not Low Skill: Why Devaluing Our Workers Matters: "Such jobs require optimizing time tradeoffs, quality control, emotional intelligence and project management. They are not low skill, but they are low wage. Why does this matter? When we stereotype or lazily assume low-wage workers to be  “low skill,” it reinforces an often unspoken and pernicious view that they lack intelligence and ambition, maybe even the potential to master “higher-order” skilled work. In an economy that is supposed to operate as a meritocracy—but rarely does—too often, we see low wages and assume both the work and workers are low-value...

Continue reading "" »


South australia sea shanty Google Search

Note to Self: South Australia:

In South Australia I was born.
Heave away! Haul away!
In South Australia, 'round Cape Horn.
We’re bound for South Australia.

Heave away, heave away
Oh heave away, you rolling king,
We're bound for South Australia.

Continue reading "" »


The Lighting Budget of Thomas Jefferson: DeLong's Morning Coffee

Avatar

Morning Coffee Podcast: The Lighting Budget of Thomas Jefferson: Should the U.S. fall into recession soon, the Federal Reserve will have very little room to loosen policy to cushion the downturn. This is a large asymmetric risk. The right way to manage an asymmetric risk is to buy insurance: the Federal Reserve should be buying recession insurance. It is not. This is a substantial problem...

8:02: https://delong.micro.blog/2019/03/17/the-lighting-budget.html | https://delong.micro.blog/uploads/2019/708e9b89bf.mp3

Continue reading "The Lighting Budget of Thomas Jefferson: DeLong's Morning Coffee" »


Mark Bauerlein (2006): On Michael Bérubé: Weekend Reading

Clowns (ICP)

I wonder if Mark Bauerlein has become a Trumpist? Yes indeedee, he has—not anti-anti-Trump, but the Full Monty: "President Trump is the only one who can stop the left now": Mark Bauerlein (2006): On Michael Bérubé: "An assigned essay topic that was claimed by a conservative student to be anti-American, a claim rightly judged by Bérubé a silly exaggeration. Still, the tendentiousness of the question is plain. Here is the final sentence: 'Analyze the U.S. constitution (original document), and show how its formulation excluded [the] majority of the people living in America at that time, and how it was dominated by America’s elite interest'...

Continue reading "Mark Bauerlein (2006): On Michael Bérubé: Weekend Reading" »


Weekend Reading: William Freehling: Secessionists at Bay

Weekend Reading: William Freehling: Secessionists at Bay pp. 128-9: "One episode at Monticello illustrates the master's [Jefferson's] genius at evasion. Sally Hemings, Monticello's most celebrated slave, put Jefferson to the test as few trustees have been tested. No trustee more successfully evaded his examination. Most historians, emulating Jefferson's contemporaries, have narrowed the Sally Hemings issue to one question: Did Jefferson sire her five mulatto children? The circumstantial evidence does not serve Jefferson well. Hemings, whitish daughter of Jefferson's father-in-law, was long a household servant within the Big House. Jefferson was always in residence nine months before she gave birth. Jefferson manumitted some of her children and freed no black without a Hemings connection...

Continue reading "Weekend Reading: William Freehling: Secessionists at Bay" »


Weekend Reading: Garry Wills (1974): Uncle Thomas’s Cabin

Weekend Reading: Garry Wills (1974): Uncle Thomas’s Cabin: "It should be clear, by now, what fuels the tremendous industry [Fawn Brodie] poured into her work—her obsession with all the things she can find or invent about Jefferson’s sex life. Since that life does not seem a very extensive or active one, Ms. Brodie has to use whatever hints she can contrive. In particular, she reads practically the whole Jeffersonian corpus as a secret code referring to what is presented as the longest, most stable, most satisfying love in Jefferson’s life—that with Sally Hemings...

Continue reading "Weekend Reading: Garry Wills (1974): Uncle Thomas’s Cabin" »


Fairly Recently: Must- and Should-Reads, and Writings... (March 17, 2019)

6a00e551f080038834022ad3b05124200d


  1. Jason Furman: Review of Kim Clausing: "Open: The Progressive Case for Free Trade, Immigration, and Global Capital": "If I had to assign policymakers one up-to-date guide to the latest economic policy issues on taxes and trade it would be this one...

  2. Facundo Alvaredo, Lucas Chancel, Thomas Piketty, Emmanuel Saez, and Gabriel Zucman: World Inequality Report 2018: "The World Inequality Lab seeks to fill a democratic gap...

  3. This Federal Reserve interest-raising cycle: not just an ex-post but an ex-ante mistake: Adam Ozimek and Michael Ferlez: The Fed’s Mistake: "The Fed made a numerically significant error in underestimating the amount of labor market slack...

  4. Wikipedia: Philip Auerswald

  5. Langston Hughes: Let America Be America Again

  6. Wikipedia: Metric

  7. Dmitry Grozoubinski: Dmitry's Guide To Writing A No-Deal Is Project Fear Article: "Are you a Tory Lord who once had to share a cab with a Hungarian? An Oxbridge chancer who wants to be on telly? Just write an article about No-Deal being 'Project Fear.' How? This guide can help!...

  8. Dan O'Sullivan: Pigs (A Million Different Ones): "The internet is now the world’s largest subduction zone, where an endless column of young, mostly white males are overtaken and crushed by the unstoppable force of far-right extremism. Violent misogyny, Islamophobia, anti-Semitism, gay-bashing, anti-black racism-you name it, you can find it, in ever more plentiful amounts online. The biggest tech platforms you can name-Facebook, Google, YouTube, Twitter, Reddit-serve up this kind of poison on an industrial scale, mushrooming and expanding at a rate that makes catching up with the spread almost impossible. The early neo-Nazi webforum Stormfront is on life support, largely because there is no need for the far-right to stay in an online cul-de-sac.... We as a society are going to be living with the effects of this radicalization for the rest of our lives...

  9. Maria Lawton: Bacalhau à Gomes Sà

  10. Dan Murphy: The Entire Economy is Fyre Festival.: "Izabella Kaminska: 'Search LinkedIn.... 41 results for 'chief future officer', 44 for 'chief joy officer', 52 for 'chief happiness officer', 63 for 'chief thinking officer', 170 for a 'chief vision officer', 197 futurists and 354 futurologists...' [155 Retweets, 363 Links] Does this many likes and retweets make me an influencer, an evangelist, or a thought leader?...

  11. Karl Rodbertus (1850): Overproduction and Crises

  12. The Points Guy: JetBlue Mint From New York to San Francisco

  13. Impossible Burger

  14. Wikipedia: Jack o' Kent

Continue reading "Fairly Recently: Must- and Should-Reads, and Writings... (March 17, 2019)" »