Blogged: Labour needs less Keynes and more Schumpeter: stumblingandmumbling.typepad.com/stumbling_and_…

US President Joe Biden pledged that the federal government will pay the full cost to rebuild the Francis Scott Key Bridge in Baltimore, one of the nation's busiest arteries that collapsed hours after being struck by a massive freight ship reut.rs/3PCVib2

You don't need to ask why American journalism is broken when major media companies pay $300,000 per year contracts for opinion voices like Ronna McDaniel and $200 per article for fact-based freelance journalism.

Billionaires like Elon Musk are threatened by Bluesky.

We’re building an open social network that lets you choose your own feed, gives you the right to leave, and gives communities the tools to self-govern. The skies are bluer on bsky.app.

Sign up for Bluesky (no

HOT DAMN!

This is must-see!

Kamala Harris comes out SWINGING against Robert Hur’s political hit job and in defense of Joe Biden.

More of this!

An important statement on the latest tea controversy. 🇺🇸🇬🇧

I’m afraid it’s time to confess that this sentence in one of my papers is just shameless plagiarism (math included). But I am not alone… and I will name names

If you are an American, you are paying for this. You are paying for the suffering of these people. You are paying for the damage this does to your country's reputation around the world. You are paying your State Department to block diplomatic solutions to this.

'From the start so-called 'private' equity was an indirect beneficiary of the massive and distorting subsidies granted to too-big-to-fail banks.'

Carolyn Sissoko @csissoko.bsky.social on the evolution of the derisking debate.

phenomenalworld.org/analysis/beari…

'The notion of derisking finance is oxymoronic—private sector investment in private sector assets is inherently intended to bear risk.'

NEW: Carolyn Sissoko @csissoko.bsky.social on derisking, private equity, and the state.

phenomenalworld.org/analysis/beari…

Greatly enjoyed listening to my brilliant Bristol Research in Economics UWE Bristol colleague Mary V. Wrenn talking about one of the greatest economists on one of the greatest radio shows. bbc.co.uk/programmes/m00…

‼️Economic Historians of the world, the UMass Economics Department is hiring! Ph.D. in History, Economics or related fields are all welcome. ‼️

careers.umass.edu/amherst/en-us/…

As Ben says (see his thread for receipts) you don't need hindsight. You just needed an understanding of standard macroeconomics and financial markets combined with common sense.

One thing mainstream press doesn't appreciate is the consequences of grading on a curve. It's one thing to do he said/she said. That's just lazy. But it takes effort to develop a nonsense narrative and then stick with it in defiance of the facts.

Publicly shaming an Ivy league school for claiming credit for the success of a women scientist whose work it disrespected and rejected is one of the best uses of community notes I’ve ever seen.

Personally, I hope the banks force Elon Musk into default and seize ownership of Twitter. I’d quite like a creditors’ committee of bland bankers running this platform as a sane, profit-making business.

When the details weren’t set, I think the framing was understandable, but now that we know he’s basically doing an *anti* union event at the invitation of management, pretty important everyone reporting on it be clear about that.

This should be seen as a critical, embarrassing, humiliating failure by every political journalist in Washington and New York, except for like six of them who have figured out how to call politics accurately in these times.