Also, that was posted shortly before this was announced:
ft.trib.al/V6HeK0a
@gilesyb.bsky.social
Former politico, comment writer, spread betting dealer, editor, now think tanker, consultant, former baker of overly dense loaves.
Also, that was posted shortly before this was announced:
ft.trib.al/V6HeK0a
No one said it was no big deal. Society and governments protested and forced a reluctant reversal from Musk. Why do people have to invent stuff to justify their outrage? There's enough reality for that
17.02.2026 00:07 — 👍 7 🔁 0 💬 1 📌 0Russian UAV operator Myroslav Simonov from the elite "Rubicon" unit has defected to Ukraine’s side. He says that after being deployed near Kupiansk and seeing how casually orders were given to execute prisoners, he went AWOL and crossed over to the Ukrainian side.
youtu.be/Xq4f8MHrl_o?...
A message perhaps for the breathless Westminster commentary that treats every debate within government as a “civil war “and puts Starmer in the “last chance saloon” at least three times a week?
16.02.2026 18:14 — 👍 27 🔁 5 💬 3 📌 1A cathartic burst of irritation from me about the overuse of hyperbole
open.substack.com/pub/gileswil...
Thinking about AI and white collar jobs.
Can AI replace all white collar jobs? Obviously not. That is just silly.
Can it replace some jobs? Almost certainly. But that’s just normal. Word processing replaced a lot of jobs. Databases replaced a lot of jobs. Spreadsheets replaced a lot of jobs.
1/2
A cut above everything else you read on planning.
16.02.2026 11:37 — 👍 40 🔁 11 💬 1 📌 0New post out:
We have a guest post today from the excellent @dsquareddigest.bsky.social.
"Build the Rail! Save the snails!"
Or how we don't need to sacrifice the environment to speed up our mad planning processes.
(Free to read)
open.substack.com/pub/samf/p/b...
Apparently less than a third of US citizens would claim English, Scotch or Irish ancestry. Huh.
16.02.2026 09:59 — 👍 7 🔁 1 💬 4 📌 0Which if you're interested in can be found chasing the links in here
open.substack.com/pub/gileswil...
Britain’s penchant for self-destruction - giftarticle.ft.com/giftarticle/... nice wide ranging piece from @tejparikh.ft.com throws in a mention of my growth thing ...
16.02.2026 09:52 — 👍 3 🔁 2 💬 3 📌 0I often start there
16.02.2026 08:18 — 👍 0 🔁 0 💬 1 📌 0What's so amazing about Jim Henson as a puppeteer is that he could literally be explaining that Kermit is made out of felt and ping pong balls and yet Kermit still feels alive the whole time he's doing it
11.02.2026 22:03 — 👍 11899 🔁 3973 💬 79 📌 191Crikey that's a large dish
15.02.2026 21:44 — 👍 0 🔁 0 💬 1 📌 0Sorry but slow cooked shoulder of lamb is the greatest, don't try to argue back
15.02.2026 19:05 — 👍 34 🔁 0 💬 8 📌 0It’s so funny to think about the fact that there’s people out there deferring every life decision to this
14.02.2026 09:53 — 👍 12699 🔁 2942 💬 315 📌 265Not really, you still only have one result, whereas sports is a factory of results
14.02.2026 14:58 — 👍 0 🔁 0 💬 0 📌 0Left London. A smiling woman served me a nice coffee and engaged in conversation. May have to head home sharpish if I come across any more of this
14.02.2026 13:55 — 👍 246 🔁 11 💬 17 📌 0Well yeah, I think so. Incredibly
14.02.2026 11:47 — 👍 1 🔁 0 💬 1 📌 0Some are
Prediction Markets Are Very Accurate - Marginal REVOLUTION share.google/ijFFUZQBWecz...
Totally agree on both
14.02.2026 11:35 — 👍 1 🔁 0 💬 0 📌 0Broken record, sorry, but the mechanics of why this sucks are very simple:
- gambling profits are, have always been, since forever, massively driven by problematic users
- expansion of the trade under a profit maximisation mandate necessarily leads to creating those users
bsky.app/profile/gile...
www.nytimes.com/2026/02/13/t...
Just checking in with those ardent defenders of free speech
I love Crash books of all kinds. I think the ones on LTCM, Enron, and Galbraith are the best I remember. Keen to hear thoughts 6/6
14.02.2026 09:34 — 👍 8 🔁 0 💬 5 📌 0For example, why didn't 2000 or 1987 cause similar problems; did splitting banks really make a difference; why exactly DID stocks reach such a high and then fall so hard; what is the relationship between banking and stock prices- you don't get any insight here. But lots of colour. 5/
14.02.2026 09:34 — 👍 6 🔁 0 💬 2 📌 0I remember being gripped by Galbraith's account, and a book called Only Yesterday, written in the early 1930s, and so might revisit them. Sadly this one felt like a journalist's book. If you want something to draw useful parallels with today's market action and what may ensue, this doesn't help 4/
14.02.2026 09:34 — 👍 3 🔁 0 💬 1 📌 0Arguably the most consequential action was FDR leaving the gold standard, but that is mentioned in passing. Instead we have the foregrounding of a few chosen speculators, who provide some novelistic colour. And the implicit moralising that the boom caused the crash and what followed 3/
14.02.2026 09:34 — 👍 3 🔁 0 💬 1 📌 0And Sorkin sort of realises this, but doesn't go into the story of monumental banking failures and collapsing money supply that resulted in the biggest macro economic event of all time. Instead you get the 'drama' of Glass Steagall being passed and some bankers being grilled 2/
14.02.2026 09:34 — 👍 5 🔁 0 💬 1 📌 0Somewhat to my surprise, I've found the 1929 book by Sorkin a bit disappointing. It manages to take the stock market too seriously, and a few notable characters related to the market too, without the compensation of the incredible drama of those days.
The crash didn't cause the Depression 1/
Nadhim Zahawi thinks London is now unsafe, because the other day a tired-looking man walked past him during the morning rush hour.
13.02.2026 12:42 — 👍 1408 🔁 352 💬 526 📌 372