So courageous, given that “Research by the children’s commissioner for England last year showed that 99.8 per cent of primary schools and 90 per cent of secondary schools already restricted the use of phones in schools.”
www.ft.com/content/64f8... Smartphones to be banned in schools in England
suddenly missing spain
"I am not persuaded that Jay Powell has the law just right when he says that his service as Chair Pro Tem is required by law...
On the other hand, the legal position that the Trump Administration now endorses is even more dubious to me."
petercontibrown.substack.com/p/monday-lin...
"I am not persuaded that Jay Powell has the law just right when he says that his service as Chair Pro Tem is required by law...
On the other hand, the legal position that the Trump Administration now endorses is even more dubious to me."
petercontibrown.substack.com/p/monday-lin...
You have to laugh. US going to end up doing fiscal stimulus by accident into a massive supply shock. What could go wrong???
Featured in the latest Digest: Long-Run Evolution of the Size Distribution of Businesses
www.nber.org/digest/20260...
"I don't think that Warsh walks in with that level of credibility." Janet Yellen's warning captures how Kevin Warsh's AI-productivity pitch for lower interest rates is running into an unusual public wall of skepticism from the Fed colleagues he'd soon lead. A scene-setter for Tuesday's hearing:
Finalllllly. Congrats!
OK so personal news klaxon - from the summer I will be working full time on my own company Crosscurrent Capital to incubate a trade I've been working on. I also plan to launch a (separate) nonprofit where I hope to provide financial education (& lean on a lot of people much smarter than me to help).
Bobby meditating meme with arsenal jersey on
Asking the lord this morning to grant me the serenity to accept the things I cannot change, courage to change the things I can, and wisdom to know the difference
Must have fallen out of my bag, thanks for grabbing it
You ever notice how in the Superman the Movie poster, he's got one fist out, and on Superman II he's got two fists out? Well BUCKLE UP, I gave him three and four fists for Superman III and Superman IV, respectively. Hilarious!
They're cowards for not doing this.
frankly for this kind of thing, showing something cumulative would also be informative.
Makes it more readable, so fine, but log scale is doing a lot of work here (it's already percentage points). Would like to see both next to each other.
Fucking love railways man
Please help share what must be one of the best jobs ever. We are looking for a writer to join @ourworldindata.org to work with our fantastic team including @maxroser.bsky.social and @hannahritchie.bsky.social. £80k - £120k / ideally full time / location flexible
ourworldindata.org/hiring-write...
☠️☠️
Hello good people of the internet. Next week I will be doing my yearly mandatory public appearance at this event in Washington DC. Swing by. Come through. Lock up. Swing through. Whatever the kids say these days.
Interesting macro research here from the NYFed
libertystreeteconomics.newyorkfed.org/2026/04/the-...
Ellis from Die Hard
too good not to share from another platform:
Arsenal seem to be running out of steam at a crucial point of the season.
Are they paying the price for not rotating enough earlier in the campaign? Players like Declan Rice and Martín Zubimendi and Jurrien Timber have barely got a breather.
👇📈📊
Yours was well done and thought provoking as well, but its hard to compete with Nick 😅
On the plus side, you helped start the conversation a couple days earlier, so that's great.
Shaping up for a court fight over the Fed chair for the rest of the year? Here it sounds like the law would likely back the Fed for Powell to stay as "pro temp"
More really interesting reporting on this from @nicktimiraos.bsky.social
www.wsj.com/economy/cent...
"My conclusion is that we should expect the Trump administration to block Powell from taking the chair pro tem role and instead appoint one of the Trump appointed governors—Miran, Michelle Bowman or Chris Waller"
Very interesting read here for Fed watchers
Another day with the strait closed. Another day closer to the largest economic shock of our lifetimes. Another day in which US stock markets set a new high.
Really like this slide from a recent SUERF webinar
Correct. I think the 'vibecession' has a significant role for purely informational/media effects and changes in expressive survey responding, but I do also think there are latent economic ("material") factors that help sustain it.
bsky.app/profile/winm...
Historians often say that social unrest comes from the frustrated expectations of upwardly mobile classes rather than from low income workers...