vanisha

Everyone Is Cheating Their Way Through College ChatGPT has unraveled the entire academic project.

nymag.com/intelligence...

First Pulitzer ever awarded for lurking in a group chat

the way I would phrase this is that the lack of a theory of growth is partly caused by the "infantile libertarian" theory of regulation. strong regulation is part of the infrastructure of an industry. if you think of it as a constraint or a risk/return trade-off you don't understand regulation.

The strange liberal nonchalance about Trump’s return Having supposedly worried too much about him last time, people are overcorrecting

"The liberal line in 2025 seems to go something like this: we overdid the panic about Trump last time, so let’s not repeat the mistake. Neither half of this proposition survives the slightest intellectual audit."

On Miliband quote. Thinking Miliband succeeding is a bad thing suggests some strategists in Labour are stuck in 1997. Even leaving aside Labour’s new left flank challenge. Climate change is no longer the liberal lefty issue of 1997 . Voters across board think a priority

Narrative Economics by Robert Shiller — stories of value The Nobel laureate explores why the tales we tell ourselves can be a potent force in economics

www.ft.com/content/5ba0...

This bit of the MI5 chief's annual threat summary has been living in my head rent-free since October, now it can be in all your heads, too.

Interesting passage on Walras' socialist beliefs. It's often forgotten that many of the early neoclassicals were socialists, though usually non Marxian, using their optimal social plan as a benchmark to understand competitive outcomes.

Pretty much every other email I get from the Telegraph is about how to avoid tax more effectively.

one cool thing I've noticed is that being on here is making me read a lot of articles again, think I'd become so used to reading something then going "hey everyone! read this cool thing!" that Twitter suppressing links ended up making me read less, funny that we've made reading a social experience

Badenoch mentioning the election petition at PMQs today advert to her greatest problem: she is a serially online politician, shaped by many of the mores of the online right. It can make her seem eccentric.

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Wealth has raced ahead of earnings, creating a new caste society

Tax is only part of the answer: we also need a new political economy that differentiates good & bad wealth

My major new @ippr.bsky.social report: Earning Vs Owning

ippr-org.files.svdcdn.com/production/D...

Let’s run the government like a business, drive the car like a bicycle, and play the guitar like a piano

Not going to take this seriously until they get an Urgent Question about the chess trophy.

William Davies · A Crisis in Credibility: Labour’s Conundrum Rachel Reeves and Keir Starmer’s platform requires them to inhabit a contradiction. They need to demonstrate what a...

think this is an interesting analysis of the budget
www.lrb.co.uk/the-paper/v4...

Just realised have started to instinctively open this site first when a bit bored, in a queue etc. Sure am not alone. Sign of success…

Chart showing tax paid on £50,000 of market income, by legal form

An unfortunate side effect of the Budget is the widening of one particular tax gap.

The tax due on £50k of work is now £5k higher for an employee (at £15k) than a self-employed worker (at £10k).

This could incentivise bogus self-employment, depriving the Treasury of revenue.