New, from me: Take the Palantir manifesto seriously, if not literally.
It reveals that our tech philosopher kings want public money, but without public accountability. This creates a dilemma for governments unaligned with its techno-fascist vision. 🧵
donmoynihan.substack.com/p/palantir-w...
🚨🚨Revised paper 🚨🚨
The Balance of Power in Franchising
w/@ulrichatz.org, Blake Eliason, @mikelipsitz.bsky.social, @pnorlander.bsky.social, & @stpinto.bsky.social. We built the 1st comprehensive panel dataset of franchise contract terms: 46,000 documents, 4,500 chains, 20+ provisions, 2009-2024.
/1
new portland flag just dropped
RACE COMMUNISM (8 episode, BAFTA winning miniseries):
The year is 2144. Factional disputes led by adherents to the ideologies of Wangari Maathai, Fannie Lou Hamer, and Dr. Umar threaten the solidarity of the Black Workers' Soviet - and, in turn, the 18th International. These are their stories.
Spaceflight is inherently interesting of course but they can't keep doing the same thing if they expect to grow viewership. There should be a betrayal arc. At a pivotal moment one of the astronauts should be revealed to be evil
門份 Penn Wharton Budget Model UNIVERSITY of PENNSYLVANIA Q Home Estimates Data v Learning v Blog About v Contact v Table 1: FY 2025 Federal Outlays by Age Group Age Group Amount ($ Billions) Share of Total Outlays Share of Age-Assignable Memo: Per Capita Children & Young Adults (<26) $448.9 6.4% 10.3% $4,300 Working-Age Adults (26-64) $1,220.2 17.4% 27.9% $7,300 Retirees (65+) $2,708.6 38.6% 61.9% $43,700 All Ages Residual $2,632.2 37.5% Total $7,010.0 100.0% 100.0% • Notes, sources & data
I’m so glad somebody directly estimated this. It’s even more extreme on a per capita basis. The average American retiree gets more than 10x more public spending than the average young person.
today's like the purge, but for words, in a sentence
Prisoner’s dilemma where each prisoner is placing big polymarket bets on the other side defecting.
small price to pay for computer girlfriends
you draw up that ad for amtrak?
sure did boss, diarrhea money shot just like you asked
New Data Center NIMBY reason just dropped
Im envisioning the variety of women who will romance me, their various Ethnicities, etc, when the Dark Net Injectables make me 1 inch taller
I wrote about how unregulated finance is now just, well, finance for @phenomenalworld.bsky.social
the center of gravity in finance has completely shifted & our mental models & policymaking approaches need to catch up
www.phenomenalworld.org/analysis/fin...
Remarkable. Higher income wage growth is stronger than lower income. Before about a year ago, that was flipped. Lower income wage growth used to be very strong pre 2025. BofA data
Diffusion is the new codename for Larry Fink's derisking AI state project.
“How do you see this diffusion occur, and utilization at a corporate level or at a government level, which ultimately then creates that demand, which eliminates any fears of bubbles?”
This is a truly inspirational project - the kind of big plans that the city needs. I hope I live long enough to see something like it become reality. transitcosts.com/a-better-bil...
no no when we said “good guy with a gun” we didn’t mean a guy with a moral compass. we meant a short guy with a badge and a temper
okay so fun news, I am launching a macro newsletter from Common Wealth about the supply side data and the US economy called Forces of Production
Charts for bsky forthcoming at: @forcesofproduction.com
Launch essay below:
www.forcesofproduction.com/p/atop-the-f...
Looking forward to the forthcoming book by @kbayliss.bsky.social (of SOAS), on the growing role of private equity in water, energy and housing
Latest @employamerica.bsky.social
It Wasn't A Recession - How Age Divergence & A Participation Boom Drove A 1% Rise In The Unemployment Rate
www.employamerica.org/labor-market...
We at CPE put out an official response to NYPA's update to its strategic plan. While the cancellation of 1.5 GWs of its planned pipeline is not good, it's not unexpected given the headwinds from OBBBA, the decision on clean path, and interconnection delays.
publicenterprise.org/center-for-p...
norman rockwell meme of a guy standing up to bravely say an unpopular opinion
i think it’s good actually to move a school that is getting gassed by ice before the school year starts by working with the permitting department to fast track that so they don’t get gassed anymore
A new piece for @thenation.com on everyone's favourite industry -- private equity; in conversation with one of the many new books on PE, by Megan Greenwell.
Here:
Mamdani won campaigning with price controls for essentials.
Harris lost shying away from her own price gouging policy for food.
Trump won fantasizing about bringing prices of essentials down.
Sheinbaum won a landslide controlling prices of essential groceries.
No official jobs report today. But the alternative measures released this week weren't great
Striking Economist chart in the latest Tooze newsletter. Presumably NY's vertiginous rents would make NY's _real_ real wages (i.e. real wages post housing costs) look even worse by comparison. New mayor really has got a challenge on his hands
