Paulo L dos Santos

Reminded me of the comparison of the Hayekian entrepreneur to house cats--fiercely asserting its independence and individuality, all while living in a comprehensively controlled environment fined-tuned to its needs.

An industry on the verge of a paradigmatic breakthrough? Or a giant circle-jerk cartelising an industry and propping up valuations towards the end of a wild speculative run?
#EconSky

It only dawned on me recently that I've been working towards the development of a canonical approach to statistical analysis, grounded only on axioms defining, (a) probabilistic measures of rational belief over events, and (b) measures of uncertainty over aggregations of events 🤯

A recent picture of me, caught in the wild.

Elizabeth Jacobs, PhD @elizabethjacobs.bsky.social I'm an epidemiologist. Sewage systems are sexy. Dosco Jones @doscojones.bsky.social I'm an engineer. Sewage systems are sexy.

I’m a sewage system. I also have a great personality.

Then you better be happy somebody else did….
#Presumptions #Privilege

I was back at 26 Federal Plaza today, where an ICE agent violently threw this bereft woman to the ground in front of her kids. She had not touched him. She did not pose any threat. She had to be taken to the hospital. (🎥: Elias Eliahu)

Having one of those days where "intelligent people lacking the courage to call out the bovine idiocy of dumb people" seems like a compelling, exhaustive explanation for much of what ails the world at the moment.

Using tariffs to obstruct justice in Brazil, using the Dollar’s international dominance to influence elections in Argentina. The use of US economic power to subvert national sovereignty is seldom this brazen.

Building a duly multilateral world where no country can do this is long overdue.

CNN has identified at least 100 U.S. citizen children who have been separated from their parents after ICE deported them - including newborns.

As a parent I cannot imagine the horror of being separated from my child, but that trauma is even more acute for the innocent children left behind.

One day, two articles. Both diagnosing deep malaises in the Chinese economy. All economies face challenges. But as the US & Europe head into a damaging downturn, expect more articles in this genre reassuring Western audiences that it is China’s model of economic management that is failing. #EconSky

Disney capitulation over Jimmy Kimmel sparks fears for US media under Donald Trump Bob Iger’s suspension of comedian’s show over Charlie Kirk comments fuels free speech controversy

A media ecosystem that has spent decades ignoring the suffering of ordinary people, helping governments manufacture support for endless wars, helping police lie about killing civilians, and more recently covering up a genocide, is not about to take up the fight for free speech.
on.ft.com/48mMi3V

“A new equity culture ” sounds a lot like a “permanently high plateau”. But this time is different…

Opinion | Lula: Brazilian Democracy and Sovereignty Are Non-Negotiable

“Bringing American jobs back and reindustrialization are legitimate motivations. When the US raised the banner of neoliberalism, Brazil warned of its harmful effects…

“unilateral action is the wrong remedy. Multilateralism offers fairer, more balanced solutions.”

www.nytimes.com/2025/09/14/o...

What if the $3trn AI investment boom goes wrong? Even if the technology achieves its potential, plenty of people will lose their shirts

The fact that US corporate elites have talked themselves into sinking $400bn this year, and possibly $3tn by 2028, on a technology that summarizes, often poorly, the work of others and presents it as “intelligence” is a little bit on the nose—no?
economist.com/leaders/2025...

vou dizer um negócio pra vocês: quando esse julgamento acabar, se o resultado for o previsto, FAÇAM FESTA

comemorem. encham as ruas. gritem. façam carnaval, manifestação, soltem fogos, saiam correndo pela rua beijando a camisa do Brasil, encham as redes sociais de meme

isso também é narrativa.

Am I the only one here who is both very aware how far from general intelligence LLMs really are AND still writes "please" and "thank you" to the ChatGPT bot in case our future AI overlords decide to judge us by how kind we were to their cognitively distant ancestors??

Collapse of critical Atlantic current is no longer low-likelihood, study finds Scientists say ‘shocking’ discovery shows rapid cuts in carbon emissions are needed to avoid catastrophic fallout

Remember that movie, “Don’t Look Up”? Yeah, me neither…

www.theguardian.com/environment/...

Anybody else see the problems here??

Cook showing more courage than all US media, corporate, and university leaders combined…

More UChicago Ph.D. Programs Will Pause Admissions The arts and humanities dean said “nearly all” faculty leaders preferred “a broader pause for the division.” Some social sciences programs also aren’t accepting new students.

“¡Abajo la inteligencia! ¡Viva la muerte!”

www.insidehighered.com/news/admissi...

This gem from the folks who had to pay $1.4bn to the US DoJ to avoid prosecution for gross malfeasance over their ratings of mortgage-backed securities in the 2000s.
#receipts #EconTwitter

If you are going to read one thing about the AI mania over the next few months, read this:

Meanwhile, people are arguing in the US about how limited autonomy makes EVs “impractical” like it’s 2010….

The LLM is like the last investment banking analyst hired in 2006.

Notice how contemporary arguments about “incentives” always land on astronomical giveaways to the rich and privileged, and on the cruelest, most miserable forms of stinginess for the poor and powerless?

# EconSky

Anybody else notice the difference in the way establishment outlets discuss regressive and progressive taxes?? Federal income tax raises $2.5tn or more than 83. times $30bn. Where’s the article arguing that size makes it hard to cut it??
#EconSky

BRICS in 2025 | The Polycrisis Nations meet in Brasilia for the 2025 BRICS Summit. China's rise and US chaos shape the opportunities and challenges for the group.

“China’s dramatic surge of investment into the ’new three‘—EVs, batteries, and solar—is expected to crush oil demand by 5M barrels/day by 2030. That cheaper green tech is now enabling 100+ countries to break free from … imported hydrocarbons towards the sunlit uplands of electric self-sufficiency.”

Trump, Claiming Weak Jobs Numbers Were ‘Rigged,’ Fires Labor Official

Now, that’s one way to boost employment, lower inflation, and increase out. But can he justify it with a formal model of a rational representative agent maximizing expected utility over an infinite time horizon?
www.nytimes.com/2025/08/01/b...