Jo Michell

Oh yes fair. I’d somehow forgotten that despite reading it eight times in the last twenty minutes.

It’s not even funny really other than in a very bleak way.

That’s the one. bsky.app/profile/jani...

Oh I haven’t seen a perfect spy.

Worth watching?

GPT probably if you’re strict with the instructions

The “as long as they pay their taxes” bit seemed to get a bit lost along the way?

If the disease is susceptibility to wealth and power perhaps the treatment is limits on wealth and power. Or are we going to carry on being intensely relaxed about all this?

JPMorgan should ‘threaten’ UK over banker tax, Mandelson told Epstein Then business secretary advised sex offender on how Jamie Dimon should lobby chancellor in 2009

It’s been a busy weekend, and if you’re just catching up here are a few things you might have missed (thread).

To kick off, we’ve been writing quite a lot about Peter Mandelson …

www.ft.com/content/91e8...

Aha.

Mandelson told Epstein JPMorgan should ‘threaten’ UK government over banker tax Then business secretary advised sex offender on how Jamie Dimon should lobby chancellor in 2009

crucial to remember here that Mandelson - who is shown trying to undermine the bank bonus tax in 2009 - went on to work for JP Morgan as a client of his Global Counsel advisory firm

www.ft.com/content/91e8...

Has the FT got a custom Claude harness trawling the emails? Seems like an ideal case for agentic LLM.

And beer.

On days like this, only Korean fried chicken is going to do the trick.

Mandelson told Epstein JPMorgan should ‘threaten’ UK government over banker tax Then business secretary advised sex offender on how Jamie Dimon should lobby chancellor

Extraordinary: Mandelson told Epstein that JP Morgan should "threaten" then cabinet colleague and chancellor Alistair Darling over tax on bankers' bonuses. In plain language: "Minister conspired with US bank against own government".
More brilliant FT reporting
www.ft.com/content/91e8...

Why do you think it’s wrong?

If tax credits are used instead, presumably that implies tax increases as well?

Why?

That Mandelson response to the FT about Epstein when he became US ambassador really not getting better with time.

Economists (including academic economists) helpfully explained that this was the best way to organise things because it is scientifically the case that the market produces socially optimum outcomes and the government misallocates capital.

As sure as walking off with hard drives is illegal, what DOGE did with Palantir is illegal. The laws they violated have boring names like the Antideficiency Act, the Privacy Act, and Federal Acquisition Regulation.

These are laws the government used to enforce *on itself*. Not anymore.

Here is the User Guide for ELITE, the Tool Palantir Made for ICE 404 Media is publishing a version of the user guide for ELITE, which lets ICE bring up dossiers on individual people and provides a “confidence score” of their address.

A manual for ICE's immigrant-targeting computer system, Palantir ELITE, was leaked today.

Let's look at it, then step back to evaluate how far we've come along a dangerous road and where that road might take us. 🧵

would be interested to know what Chomsky was saying to these people behind at friendly dinners behind closed doors

Neil Dutta and Skanda being so anti-Warsh (my perspective as well) while people like Jason Furman and El-Erian praised him say a lot about how different types of people judge qualifications and character when it comes to Fed governors.

I’ve written this lengthy FT analysis overnight about the multiple multi-thousand pound Epstein payments to Mandelson’s husband

these particular paragraphs are worth reading slowly

www.ft.com/content/608a...

It’s the PRS and the royalties that cause the pain! Barely worth it in my case.

used claude to do the annoying fiddly bits of my tax return -- including searching my email to find all the relevant information. checked its work manually -- got it spot on, to the nearest penny. just got a chunk of my saturday back. (i will not be using it for work, weights or steak).

We're going to be nostalgic for good old-fashioned New Keynesian inflation targeting. You don't know what you've got till it's gone.

Your teaching materials are very useful! My students see a fair bit of them.