Trade Diversion (Jonathan Dingel)

CBP chief Bovino has confirmed that the officers who executed Alex Pretti in the street yesterday are not only *not on administrative leave,* they have all been reassigned to other jurisdictions and are all on the street today.

This is totally unheard of for any officer-involved shooting

A video of Alex Pretti reading out the final salute of an unnamed veteran he cared for until the end of his life in the ICU, posted to Facebook by his son.

Alex Pretti from his early days working at the VA

Alex from our time working together, while he was in nursing school. Later, he moved to ICU, working as a nurse to support critically ill Veterans. He had such a great attitude. We’d chat between patients about trying to get in a mountain bike ride together. Will never happen now

They are so much braver than our leaders and elites.

The Republican position now appears to be that you have a constitutional right to openly carry a gun in public, unless you do so while expressing a view that the government dislikes, in which case the secret police can shoot you to death on the spot.

NEW VIDEO: this appears to be the footage from the woman in the pink coat.

Live: Man shot by federal agent in south Minneapolis this morning, witnesses say A video appears to shows federal agents wrestling a man to the ground then shooting him.

The man was clearly already either dead or incapacitated, and the federal agent just kept firing into him, about half a dozen times www.startribune.com/ice-raids-mi...

We owe an incredible debt to the Minnesotans who are on the streets protesting and documenting what is happening.

in case you're curious about how angry Minnesota is about ICE, it was -20 today

Brooklyn Park police chief Mark Bruley: "We're hearing people being stopped with no cause & being demanded to show paperwork to determine if they're here legally. We started hearing from our police officers the same complaints. Every one of these individuals is a person of color... it has to stop"

Carney: "American hegemony in particular helped provide public goods, a stable financial system... this bargain no longer works. Let me be direct. We are in the midst of a rupture, not a transition... recently, great powers have begun using economic integration as a weapon. Tariffs as leverage ... "

Bessent: 'The national emergency is avoiding a national emergency' He was explaining the president's imposition of new tariffs on eight European countries.

Heckuva a logic your got there Scott.

“Treasury Secretary Scott Bessent said Sunday that the national emergency that justified the announcement of new tariffs on eight European nations is that there would be a national emergency if tariffs were not implemented.“ www.politico.com/news/2026/01...

US accuses EU of seeking cheese ‘monopoly’ in Mercosur deal Bloc and four South American countries will sign trade agreement on Saturday after 25 years of talks

US accuses EU of seeking cheese ‘monopoly’ in Mercosur deal ft.trib.al/5Wgz9Ts

Agenda of Coreper meeting, 18th January 5pm, with the sole item of EU/US relations

Emergency meeting of EU Member States representatives 5pm today, to discuss relations with the US

ICE has kidnapped so many people from their cars that the city had to put out this statement. Let that sink in.

Um, medical tourism is kind of a big thing.

YouTube video by Federal Reserve Statement by Federal Reserve Chair Jerome H. Powell

Video message from Federal Reserve Chair Jerome H. Powell:
www.youtube.com/watch?v=KckG...
www.federalreserve.gov/newsevents/s...

Forensic analysis of objective video evidence. This is how you serve readers searching for clarity.

When cops kill, police agencies often mislead, exonerate too quickly, smear the deceased, use the exonerative tense, etc.

But there's at least usually some solemnity -- acknowledgement that the loss of life is regrettable.

It's the absolute glee in these responses that I can't shake.

@chrislhayes.bsky.social: “A 37-year-old American citizen, the mother of a young child is dead tonight. She was shot in the face by an agent of the federal government, and that government has spent the day telling despicable lies about her.”

School has been cancelled tomorrow and Friday across the city of Minneapolis, because our federal government has made it unsafe for children here.

To observe that 11% of the vehicles that once entered Manhattan’s core have “disappeared” is not to deny that those trips had value. They did. But we know how little value they were to those making them: less than $9. A low price for improving air quality, safety, efficiency & transit all at once.

Join us Monday at 8:00am in 310 for an #ASSA2026 session on Spatial Sorting and Economic Transformations

Papers on poverty (non-)traps, income sorting, urban exploration & WFH by Bryan Stuart, Yuhei Miyauchi, Gabriel Kreindler, Yichen Su.

Discussants: @chrisseveren.bsky.social, Couture, Rappaport

I look forward to catching up with folks at the Columbia Economics #ASSA2026 reception on Saturday evening in Marriott Downtown, Room 407.

www.aeaweb.org/conference/2...

Join us Saturday at 10:15am for an #ASSA2026 session on Development of American Cities

featuring papers on mortgage markets, slavery, migration & ghost towns by L D'Amico, S Naidu, T Jaworski, M Hoelzlein

Discussants: @econhist-allday.bsky.social, S Heblich, @allie-green.com, @jeffrlin.bsky.social

These are 10 of my favourite #UrbanEconomics & #SpatialEconomics articles published in academic journals in 2025, continuing with a tradition started in 2018 (order is alphabetical by first author, no ranking implied):

Peter Navarro, Trump’s Ultimate Yes-Man The tariff cheerleader established the template of sycophancy for Trump Administration officials.

Peter Navarro’s aggressive sycophancy in Donald Trump’s first term foretold how everyone around the President would behave in the second, Ian Parker writes. Navarro is the template for the Administration’s obsequious officials. www.newyorker.com/magazine/202...

www.smbc-comics.com/comic/compar...

Trump's economic adviser says tariff refunds would be 'very complicated' and unlikely Oh, so now the Trump administration is worried about the complexity of its tariff polices?

"The tariffs are so complicated that even the government agency tasked with enforcing them can't accurately describe what they are." 🤣😢 reason.com/2025/12/23/t...

The NY TWU turned opposed congestion pricing as well. Really seems like they're laser-focused on extracting the rents they can from a static or declining system rather than participating in a positive-sum program to expand transit service to more New Yorkers