Tweets:

  • @EpicureanDeal: ISIS is like Lucy cooking meth in a pup tent sewn from the shredded dreams of Linus’s piano career — Thomas Friedman
  • @Popehat: ISIS is like a Shanghai Ben & Jerry’s after all the bars have closed. No Chunky Monkey to be found — Thomas Friedman
  • @JohnEkdahl: ISIS is like navigating an automated phone operator menu with a broken pound button” — Thomas Friedman
  • @Popehat: ISIS is like the monster that lived in our toilet when I was a child. Its name was MAD FACE.” — Thomas Friedman
  • @ShoutingBoy: ISIS is like a knife fight between the Crips and #Gamergate over performance rights for “Hair”. — Thomas Friedman
  • @Popehat: ISIS is like a Humpback Whale song played by Lemmy of Motorhead and Zamfir, Master of the Panpipe. — Thomas Friedman
  • @ShoutingBoy: ISIS is like that dream where you don’t wear pants to work, except it turns out to be No Pants Day. — Thomas Friedman
  • @Popehat: ISIS is like an Iron Chef rerun with Chen Kenichi replaced by Napoleon. Theme ingredient: radish. — Thomas Friedman
  • @GabrielRossman: Isis is like an autistic adult who speaks no Latin, but has memorized Book II of the Aeneid. — Thomas Friedman
  • @Popehat: ISIS is like a series of Bach variations played on a kazoo by a giant golden panda. — Thomas Friedman
  • @Brian_Whit: Thomas Friedman: “ISIS is like a missile that got its guidance system from Saudi Arabia and its fuel from Iran” http://nyti.ms/1FCMBT1

Links:

Tweets:

  • @HeerJeet: Even the liberal New Republic thinks Perry Anderson is not radical enough…wait, what? What? http://www.newrepublic.com/article/121921/perry-andersons-american-foreign-policy-and-its-thinkers
  • @delong: @HeerJeet RU referring to yourself in the 3rd person again? delong: @HeerJeet Thanks 2U I just grabbed opening chapter of Anderson’s American Foreign Policy off amazon. I soon ran across: “a political system that — in strident contradiction with the design of the Founders — has increasingly given virtually untrammelled power to the executive”. There is something impious about even an ex-Trotskyite mouthing the 1790s-Madison-worshipping platitudes of original intent and original understanding. Anderson doesn’t believe 1790s-Madison was all-wise or magical. Y does he pretend? @HeerJeet: @delong Anderson, like William A. Williams before him, has odd strain of respect for the traditionalist right.
  • @eliasisquith: The comments here about Rand Paul being a Democrat are hilarious & show how much the GOP is run by wingnuts. Or that Politico doesn’t have good sourcing. I wouldn’t know. < http://www.politico.com/story/2015/05/rand-paul-2016-foreign-policy-liability-118400.html?hp=lc1_4>
  • @davidfrum: So I’m going to be defending US entry into the First World War at the Library of Congress June 1. Who wants a ticket? http://www.britishcouncil.us/events/war-changed-world
  • delong: .@davidfrum Go all the way! say U.S. should have pledged allegiance to Saxe-Coburg-Gotha in July 1914, & the enlarged British Empire told Czar, Kaiser to cool it: no Russian backing for terrorism sponsored in Belgrade, no German invasion of Belgium

Tweets:

Links:

Tweets:

  • @TheStalwart: This piece [by Michael Grunwald] is a killer combination of uncompelling argument + obnoxious tone. http://www.politico.com/agenda/story/2015/05/sanders-dont-break-up-the-big-banks-000054
  • @shaneferro: @TheStalwart “Did you know that the financial institutions at the heart of the 2008 crisis were not the very biggest banks?”
  • @TheStalwart: @shaneferro The piece drips with disdain for those he disagrees with. The author acts like he’s arguing with a child.
  • @BenDWalsh: @TheStalwart @shaneferro my fav is the “we can’t rewrite the rules of capitalism” line. Was unaware that was what was governing banks!
  • @TheStalwart: @BenDWalsh The existing regulations we have for banks just happen to be the “rules of capitalism” and any deviation is impossible.
  • @M_C_Klein: @TheStalwart @BenDWalsh right, highly-regulated industry that depends on explicit and implicit govt guarantees operates on law of the jungle
  • @BenDWalsh: @M_C_Klein @TheStalwart how do you think they got that implicit govt guarantee? They lobbied for it, like the laws of capitalism told them.
  • @M_C_Klein: @BenDWalsh @TheStalwart I hope we can make “the laws of capitalism” into a running joke
  • @TheStalwart: @M_C_Klein @BenDWalsh Great call. Will do my part to make #TheLawsOfCapitalism a permanent feature of finance twitter.

Links:

Tweets:

  • Do tell: RT .@yeselson: “25 yrs ago, @Milbank wasn’t interested in Marc Rich locking out… aluminum workers”
  • @yeselson: @delong @Milbank DM was just out of college, to be fair. But he was the Pittsburgh bureau chief of the @WSJ. Marc Rich, then the most notorious fugitive from American justice and convicted for the largest tax fraud in US history, controlled a large aluminum plant via proxy/cut out ownership in Ravenswood, WVA. The steelworkers were the union and I worked on the campaign. We approached DM because the USWA was based in Pittsburgh, and the plant was just down the road in WVA. Nothing about the story interested him. Eventually, it made the Times, the cover of Rolling Stone, three Business Week stories, a two part cover story in the Nation written by @DavidCornDC and the first show ever of @DatelineNBC. I think the Yale in his background was trumping his union background (although Yale is great labor hotbed and responsible for some of the very best union staff). Anyway — he’s going in the right direction. The column he wrote was analytically smart and heartfelt. As you, Brad, wrote and said just the other day, we should be able to change our minds in the face of changing world. And ps — best part of the Rich story: we chased him all over the world, demonstrated in his many locations, researched the hell out of him so well that Forbes contacted us about his net worth. And after the workers won, he invited the president/vice president of USWA to his Zug, Switzerland lair for a post-battle glass of champaign. Like a Bond villain!
  • @DavidCornDC: @yeselson @delong @Milbank @WSJ @DatelineNBC Now that’s a throwback! http://www.highbeam.com/doc/1G1-11862198.html
  • @yeselson: @DavidCornDC @delong @Milbank @WSJ @DatelineNBC Ah — we Americans. We can barely remember our own history, let alone the country’s!
  • @eliasisquith: I can no longer distinguish btwn a Frank Bruni column & a Letters to the Editor section of a midsize retirement community’s newspaper
  • @Noahpinion: I must say, I like the Nozick libertarianism about 16 billion times better than the Rothbard libertarianism.
  • @nick_bunker: @delong @Econ_Marshall my “iron self-control” seems to have only lasted 9 days
  • Do tell: RT .@yeselson: “25 yrs ago, @Milbank wasn’t interested in Marc Rich locking out… aluminum workers”
  • @abgutman: As per usual, @Noahpinion nails is! After a long semester of grad macro, this article is like awesome fresh air. http://www.bloombergview.com/articles/2015-05-22/how-mathiness-made-me-jaded-about-economics
  • @D_Blanchflower: Mac for most of the last year MPC was worried about exploding wage settlements but failed to comment on the fact that they have slowed duh
  • @PatrickIber: Was the revolutionary belief in the creation of a “New Man” the same thing as contempt for existing people? @nils_gilman: Why do secular liberation movements so often give way to religious counterrevolutions? http://www.nybooks.com/articles/archives/2015/jun/04/religious-specter-haunting-revolution/
  • @Econ_Marshall: So we’ve passed “robots are stealing our jobs!!” and made it to “universities can’t guess what robots will do next!!”

Links:

Tweets:

Links:

Tweets:

  • .@cullenroche @Ramanan_V oh, there is a relationship between interest rates and housing, but it is not a reliable relationship…
  • .@BCAppelbaum is anyone telling Tucker he’s insane? That when NY catches cold, London gets pneumonia, & US problems are global problems?
  • @BCAppelbaum: Tucker says the US was basically trying to make an American problem into a British problem.
  • @BCAppelbaum: Paul Tucker, former BOE official, says preventing Barclays from buying Lehman was an easy decision. (1/2) #hooverfedconference
  • @dvdbllrd: @delong “no true Littlefinger”
  • @ben_zipperer: Very thoughtful piece on how city minimum wages will help us understand how labor markets work http://www.newyorker.com/news/john-cassidy/a-fascinating-minimum-wage-experiment-is-about-to-unfold
  • @DylanScott: 1) Nobody’s gonna buy this gross Obamacare. 2) Millions of people bought Obamacare because they were forced to! 3) We were never actually AGAINST Obamacare.4) We actually thought Obamacare up!
  • @arindube: A well reasoned, thoughtful look at the data | Pros And Cons Of Raising The Minimum Wage http://www.theonion.com/r/50476
  • @grossdm: Consuming/investing behavior changed after Great Depression — and lasted decades. Not sure why people don’t get same re: Lesser Depression
  • .@ezraklein Brooklyn Bagels in Oakland, and where else?
  • @BethCato: She hated the term “mad scientist.” She wasn’t mad. She was a calm, rational woman with a clone army. #TwitterFiction
  • @joshtpm: ICYMI: How Biloxi, Miss Got Caught Up In The Obama Military Takeover Frenzy @TPM http://talkingpointsmemo.com/muckraker/jade-helm-15-conspiracy-biloxi-mississippi
  • @rortybomb: Inequality has 4x effect on poverty than changes in family structure since 1979. -@eliselgould http://www.epi.org/publication/broad-based-wage-growth-is-a-key-tool-in-the-fight-against-poverty/
  • Jonathan Shorman: No rush. Keep paying legislators to dither. Kansans will get socked with huge tax increases in the end anyway.
  • @HeerJeet: Interesting @chriscmooney article in intersection of religion, belief in evolution & climate denial: http://www.washingtonpost.com/news/energy-environment/wp/2015/05/20/this-chart-explains-why-faith-and-science-dont-have-to-be-in-conflict/?postshare=611432143884971. “Main driver of climate science rejection…appears to be a free market ideology — which is tough to characterize as religious in nature.” That last sentence can, I think, be contested. In it’s purer, libertarian form, “free market” thinking is a faith commitment. I mean, Mises & co. were very explicit that their agenda was based on a priori values, not subject to empirical tests. @steveniweiss https://mises.org/library/defense-%E2%80%9Cextreme-apriorism%E2%80%9D
  • @jdportes: This is true. But I wasn’t “debating” @nfergus.I pointed out misuse of data in his FT piece which he should correct https://twitter.com/nfergus/status/601082980912664576
  • .@davidmwessel Why isn’t the message of the Fed minutes: “December rate hike doubtful”? What do they think they are doing in there?!
  • @Econ_Marshall: Capital is abundant but profits are high. That’s how we know finance isn’t working. http://equitablegrowth.org/research/finance-supposed/
  • @Econ_Marshall: @paulmromer Well, I think you’re being too kind to the mathiness of the past in some cases. I differ from your interpretation of Becker. My Ph.D. is from UChicago — meeting w/him convinced me to go; enjoyed Price Theory. Debated him on climate change. This sounds harsh, but my pithy statement about Becker is that most of what he said that’s falsifiable is false.
  • @Noahpinion: Soooooooooooo many fancy-sounding modern investment strategies are just bets on mean reversion. http://astorinsights.com/2015/05/20/facts-and-factors/
  • @jdportes: So @sjwrenlewis & I are so obscure @nfergus has to tweet to say so. Self-awareness, like facts, not his strong point https://twitter.com/nfergus/status/600738786104872961

Links:

Tweets:

  • .@moorehn @EconoGarry @EvanHoffman Those of us who have read other things by GRRM like “After the Festival” or “A Song for Lya” understand that although GRRM cloaks his story in the tropes of other genres, what he is really writing is horror. I am not saying you should watch GoT. I am not saying that you should enjoy GoT. I am not even saying that there are psychologically healthy people who enjoy GoT. But what just happened to Sansa is not as bad as what happened to Dany back early in season 1, or has happened to innumerable other women not constantly in the camera’s eye episode after episode. The horrible things that happened in season one were not plot-driving exceptional motivators. They are life as it is lived by women in GRRM’s Westeros.
  • @dsquareddigest: “Duck Soup” is the only film worth watching about emerging market sovereign debt
  • @zeynep: Zeynep Tufekci retweeted Dan Hirschman: Google Reader(ed). (v).: Service gutted because users did not directly pay — or realize they pay for ads indirectly.
  • @asociologist: @zeynep @clippingsio I love/hate “Google Reader” as a verb.
  • @ryanlcooper: Fallows: “The WMD claims were the result of the need to find a case for the war, rather than the other way around” http://www.theatlantic.com/politics/archive/2015/05/the-right-and-wrong-questions-about-the-iraq-war/393497/
  • @zeynep: Universal advice. Get your data out of Excel. Pit of mistakes you cannot retrace or debug. Zeynep Tufekci added,
  • @kwbroman: The 1 thing every data scientist should know about Excel: Get your data out of Excel. https://twitter.com/lonriesberg/status/600482383721181184 …
  • @Eschatonblogrss: The Things, They Change: 60% approve of same sex marriage.Interracial marriage didn’t hit that level of suppor… http://bit.ly/1S8L39X
  • @TPM: Herman Cain supporters get email warning of 2017 apocalypse http://bit.ly/1Gn7bsk
  • @jschmittwdc: “evidence is mounting that having a working mother has..economic, educational and social benefits for children” http://nyti.ms/1ICFPjT
  • @jschmittwdc: Video of Tony Atkinson talk on what we can do to reduce inequality http://www.socialeurope.eu/2015/04/inequality-what-can-be-done/
  • @SciortinoTom: @craig_burley @HeerJeet @delong @steveniweiss “Human behavior is hard, let’s go axiom shopping.”
  • .@B_Eichengreen How much longer before we have to start calling the current unpleasantness “The Greater Depression”? (In Europe, at least.)
  • @B_Eichengreen: Speaking on the Great Depression and Great Recession (Brad’s Lesser Depression) on Thursday at Chatham House: http://tinyurl.com/qzyuzc5
  • .@holland_tom LOOK! IT’S ANOTHER JUVENILE ALBERTOSAURUS!! cc: @RoyalTyrrell
  • @holland_tom: I spend one of the truly great mornings of my life behind the scenes at @RoyalTyrrell — jaw-dropping sights & wonders
  • Fiscal Policy and Economic Growth: May 21, 2015, from 12:00 PM to 01:00 PM, Sacramento, 1130 K Street, Room LL3 https://medium.com/@delong/fiscal-policy-and-economic-growth-60fdb70912a6
  • @ernietedeschi: Doug Elmendorf at #FiscalSummit: common view in 2009/10 on both sides that ACA subsidies would be available to both fed & state exchanges.
  • @RetirementRsrch: New blog post from CRR Director Munnell: “Good News on Retirement Trends.” http://on.mktw.net/1cMCPn8
  • .@paulmromer Yes. A 3% depreciation rate seems good. 10%? Not. 5%? Really stretching it on an economy-wide basis. Krusell & Smith really did not understand that claiming that depreciation was 70% of gross output in Belle Époque France was simply silly.
  • @ChMadar: Bizarre: on the mainstream American Right, the only true patriotism is total deference to client states: http://www.theamericanconservative.com/larison/christie-the-u-s-should-do-whatever-its-clients-want/
  • @AliceDreger: Does that mean I have to marry a woman, or just rsvp yes to all gay wedding invitations? RT @stevesilberman Buffoon @SenTedCruz warns of “mandatory gay marriage,” as if that’s even a thing. http://www.msnbc.com/rachel-maddow-show/cruz-warns-mandatory-same-sex-marriage?CID=sm_fb_maddow
  • @paulmromer: The problem is logical errors like 2+3=7, together with words that say that “seven is the new five.” Yes, “Perfectly Competitive Innovation” is a green cheese model. I am ok w such models, but not when they say 2 kg + 3 kg = 7 kg. If you tell me the sun will come up tomorrow bc the moon is made of green cheese, it still isn’t science.
  • @paulmromer: Friedman used “Methodology” to undermine norms of science and fight monopolistic comp so not the best defense now http://paulromer.net/protecting-the-norms-of-science-in-economics/
  • @drvox: @TheDudeAbides:** colilaoptera’s photo https://instagram.com/p/21gYO4uRlC/ this one is for @drvox
  • .@charles_gaba BUSHPHONES!!!!!!!! @JebBush
  • @charles_gaba: State governments lament that citizens are actually getting health coverage — LA Times http://www.latimes.com/business/hiltzik/la-fi-mh-state-governments-lament-20150518-column.html
  • @dsquareddigest: @LorcanRK @delong hold your phone upside down
  • .@Noahpinion can U tell me what the point of McGrattan and Prescott in JET is supposed to be?
  • @paulmromer: These words are untethered, undisciplined by logic or math, like the set up for an applause line. This is mathiness. http://paulromer.net/ed-prescott-is-no-robert-solow-no-gary-becker/
  • @mjmauboussin: Finished “Misbehaving” by @R_Thaler. An excellent read. Context and history are important, and this provides both in spades (and is fun!).
  • @AdamWeinstein: buried lede: rubio’s top donor gave rubio’s wife a $54K part-time job to run a charity that gave away only $250.
  • @B_Eichengreen: My “Secular Stagnation: The Long View” (short version) is now out in the AEA Papers and Proceedings http://tinyurl.com/oljkjw7
  • @MJVentrice: West Pacific Warm Pool is shifting eastward, spreading warmth across the eastern side of the Basin.
  • .@Noahpinion clearly we should go 2 Duke, take Jeff Biddle’s course, and write final paper IV: http://hope.econ.duke.edu/node/338 http://hope.econ.duke.edu/sites/default/files/biddle_paper_topics2_emergence_modern_economics.pdf
  • .@Noahpinion If I had had a weblog in the 1980s, I would Google it and tell you what to read in the Stigler-Chamberlin debate. But alas!

Links:

Tweets:

Links:

Tweets:

Links:

Tweets:

  • .@Grizzly_Stats @DeanBaker13 Thrasymakhos said justice was whatever the stronger said. He didn’t say truth was whatever the stronger said…

Links:

Tweets:

  • Are the tracking forecasts of US GDP growth in the first half of 2015 really all between 0.3%/yr and 0.8%/yr?
  • Face it: a parliamentary first-past-the-post system with national slates is just weird. https://t.co/pFh1XV5lrp http://t.co/HwBdB975lY
  • @8Sarmad: @delong It seems like they went to Labour & Greens and Labour leaked voters to UKIP
  • @RhysHobbs2: @8Sarmad @delong they went half Labour half Con, labour lost votes to SNP and UKIP
  • .@RhysHobbs2 @8Sarmad But CON only went up from 37% to 38%. Where did CON leak votes to if they got 8% inflow from LDP?

Links:

Tweets:

  • Yes, there is something very wrong with an @anneapplebaum who has to be prodded to remember that ,while Stalin and Molotov were key starters of WWII, the USSR was essential to ending it https://twitter.com/anneapplebaum/status/596993323702845440. Prime Minister Winston Churchill (May 8, 1945): “To-day, perhaps, we shall think mostly of ourselves. To-morrow we shall pay a particular tribute to our Russian comrades, whose prowess in the field has been one of the grand contributions to the general victory.” King-Emperor George VI (May 17, 1945): “We rejoice to acknowledge, and we shall never forget, the aid so freely and promptly given by the United States, and the brotherhood of our Armed Forces serving together in various theatres under combined commands. The splendid victories of the Soviet Union, and the courage of all those other Allies who suffered and fought with us in our common struggle against aggression, will ever be recorded in our hearts and in our history…” Was King-Emperior George VI lying when he said we would never forget? Is it not still the tomorrow that Prime Minister Winston Churchill said was reserved for us to pay particular tribute to our Russian comrades?
  • bill_easterly: @R_Thaler says we are too dumb to fix our own mistakes but smart enough to fix everyone else’s http://nyti.ms/1FXl2pc
  • @R_Thaler: So tired of this claim. We say just the opposite often. You don’t find the “look right” signs in London helpful? To be clear. Behavioral econ is about knowing human limitations and trying to help. We don’t say people are dumb, just human. GPS anyone?
  • .@R_Thaler I guess that @bill_easterly has not read the literature and so allow the rest of us to fix his mistake…

Links:

Tweets:

  • @mikeloukides: Yes. Blockchain & ledger: Bitcoin a distraction The Most Valuable Aspect of Bitcoin: Its Versatile Ledger Technology http://www.technologyreview.com/news/537246/why-bitcoin-could-be-much-more-than-a-currency/
  • @dsquareddigest: @mikeloukides @delong not even the blockchain. Shared ledger protocols are what’s important. No real reason why it should be distributed
  • .@dsquareddigest Was it Izabella Kaminska who said “distributed” is a way of getting others to pay your IT processing costs?
  • @dsquareddigest: @delong @mikeloukides IMlimitedU, it’s more about a pervasive worry by IT guys that someone might lose all their records & accounts
  • @dsquareddigest: @delong @mikeloukides the best way to think about it in my view is by analogy with MIDI; huge win if everyone can agree on a standard
  • Very true! →RT “@pdjeliclark: Don’t forget: Soviet Union saved world from Hitler http://t.co/0MV9tOALBJ” & lend-lease saved SU from Hitler
  • @HuhWellwhatever: @delong @pdjeliclark Is it obvious that the Soviet Union was better than Hitler? Or fighting each other to a mutually weakening draw?
  • YES! → RT @HuhWellwhatever: “@delong @pdjeliclark Is it obvious that the Soviet Union was better than Hitler?”
  • .@HuhWellwhatever Hitler wanted to exterminate population of Eastern Europe, fill land from the Oder to the Volga with Germans. Stalin did not want to exterminate population of Western Europe cc: @pdjeliclark
  • @pdjeliclark: @delong how many folk throwin in their analysis on WWII & the Eastern front for next few hrs u think will bother to read the article?
  • .@pdjeliclark 0.1%? The North Atlantic still owes an immense and largely unacknowledged debt to the tankers of the Red Army, the workers of Magnitogorsk who built their machines, and the peasants of the steppe who starved to feed the tankers…
  • @flocktard: @delong @phoneranger @pdjeliclark Then there’s that nasty Molotov-Von Ribbentrop Pact.
  • Which has what to do with what we owe the tankers of Rotmistrov’s 5th Guards Tank Army? https://t.co/3goc2MiTsk
  • .@ThusBloggedA @pdjeliclark “‘”Did not want to massacre billions’ is weak praise admittedly.” the bar for 20thC warlords is very low…
  • @ChaseGu: the heavy lifting. Stalin was stupid enough to sign bad deal w/ Hitler…
  • .@ChaseGu Kasserine Pass, Salerno, 6/44 Nmdy all near-run. US committed as many as soon as could wo/ big risk of losing army
  • @pmarca: “Unemployment is still high, just look at labor force participation rate!” “In a healthy economy, both parents shouldn’t have to work!”
  • .@pmarca Meaning we should be happy if falling participation rate driven by rising wages making families able to afford more leisure and unhappy if falling participation rate driven by difficulties in finding jobs. Which it is.
  • @PrinceJvstin why is the superpower “able to ruin SF” so widely distributed? There’s a story there…
  • Fixed! → @amylaitinen1: @kjhealy @delong @ryanavent Retract, renounce, and repent, blasphemer!
  • @ebruenig: Another day, another Chopped episode, another person with a chronic illness who needs 10k bux to pay for their medical bills #America
  • .@ebruenig But… ObamaCare…
  • @Rex_Oper: @delong @ebruenig Cochrane has a point when he sees ObamaCare as demand priming with no concomitant supply side reform.
  • .@Rex_Oper @ebruenig Market economists say: “if you demand it, it will come” — entrepreneurs place themselves between & match resources to demand. To complain about sending the right price signals is a very, very weird thing for an economist to do. I would call it intellectual malpractice. Consider how fast the ATT monopoly was disrupted…
  • .@TomRedburn (1/2) It was 1 of Ur senior colleagues who said: “The prob is I learn more from Ezra Klein’s col than our national news staff”
  • .@TomRedburn (2/2) NYT grossly inferior as trusted information intermediary 2 FT. Public triumphalism — WE’RE THE BEST!! — serves you very badly
  • .@TomRedburn as I say, if NYT doesn’t put accuracy and fair presentation first, it will die. & it doesn’t. http://www.bradford-delong.com/2015/05/the-problems-with-our-press-corps-run-deep-eugene-stern-explains-that-nick-kristof-of-the-new-york-times-is-not-smarter-than.html
  • .@TomRedburn 10 years from now will U say: “Kristof IS a bad memory. But he is long gone”? http://t.co/mViD8oO3Bp http://t.co/9dT0INjNpD
  • Fixed! → @kjhealy: @ryanavent In an era of OCF, it’s nice to find examples, where the use of commas increases the chance of misreading.
  • @davidfrum: Many Republicans mistrusted Mitt Romney’s frequent policy shifts, but leading Ds are delighting in Hillary’s http://t.co/TcNk2DQc2A
  • .@davidfrum: If only Romney hadn’t abandoned RomneyCare, he could be taking a huge victory lap now, no? Difference is that Romney abandoned policies that looked like they worked, while HRC abandons those that looked like they did not. Big difference.
  • .@davidfrum: Similarly with Bernanke: South Carolina Republican successfully manages the US economy an order of magnitude better than elsewhere in the north Atlantic. But congressmen and governors accuse him of treason, of working for Obama and not the country, threaten to lynch him, and read him out of the party. Any Republicans who backed Bernanke could be taking a huge victory lap now. But none did and none are.* @RichardKeppler1 @portraitinflesh @davidfrum May I say Romney was right? All money that flows into a corp winds up in some person’s hands
  • @Reuters: Dogs, guns and weddings help U.S. investors take economy’s pulse. Read more:
  • How RU so alert this early in the morning? RT @dandrezner: But shotgun weddings for dogs are the uber-indicator. https://t.co/iR5P6ofmXC

Links:

Tweets:

  • @DylanScott: 1) Nobody’s gonna buy this gross Obamacare. 2) Millions of people bought Obamacare because they were forced to! 3) We were never actually AGAINST Obamacare.4) We actually thought Obamacare up!
  • @arindube: A well reasoned, thoughtful look at the data | Pros And Cons Of Raising The Minimum Wage http://www.theonion.com/r/50476
  • @grossdm: Consuming/investing behavior changed after Great Depression — and lasted decades. Not sure why people don’t get same re: Lesser Depression
  • .@ezraklein Brooklyn Bagels in Oakland, and where else?
  • @BethCato: She hated the term “mad scientist.” She wasn’t mad. She was a calm, rational woman with a clone army. #TwitterFiction
  • @joshtpm: ICYMI: How Biloxi, Miss Got Caught Up In The Obama Military Takeover Frenzy @TPM http://talkingpointsmemo.com/muckraker/jade-helm-15-conspiracy-biloxi-mississippi
  • @rortybomb: Inequality has 4x effect on poverty than changes in family structure since 1979. -@eliselgould http://www.epi.org/publication/broad-based-wage-growth-is-a-key-tool-in-the-fight-against-poverty/
  • Jonathan Shorman: No rush. Keep paying legislators to dither. Kansans will get socked with huge tax increases in the end anyway.
  • @HeerJeet: Interesting @chriscmooney article in intersection of religion, belief in evolution & climate denial: http://www.washingtonpost.com/news/energy-environment/wp/2015/05/20/this-chart-explains-why-faith-and-science-dont-have-to-be-in-conflict/?postshare=611432143884971. “Main driver of climate science rejection…appears to be a free market ideology — which is tough to characterize as religious in nature.” That last sentence can, I think, be contested. In it’s purer, libertarian form, “free market” thinking is a faith commitment. I mean, Mises & co. were very explicit that their agenda was based on a priori values, not subject to empirical tests. @steveniweiss https://mises.org/library/defense-%E2%80%9Cextreme-apriorism%E2%80%9D
  • @jdportes: This is true. But I wasn’t “debating” @nfergus.I pointed out misuse of data in his FT piece which he should correct https://twitter.com/nfergus/status/601082980912664576
  • .@davidmwessel Why isn’t the message of the Fed minutes: “December rate hike doubtful”? What do they think they are doing in there?!
  • @Econ_Marshall: Capital is abundant but profits are high. That’s how we know finance isn’t working. http://equitablegrowth.org/research/finance-supposed/
  • @Econ_Marshall: @paulmromer Well, I think you’re being too kind to the mathiness of the past in some cases. I differ from your interpretation of Becker. My Ph.D. is from UChicago — meeting w/him convinced me to go; enjoyed Price Theory. Debated him on climate change. This sounds harsh, but my pithy statement about Becker is that most of what he said that’s falsifiable is false.
  • @Noahpinion: Soooooooooooo many fancy-sounding modern investment strategies are just bets on mean reversion. http://astorinsights.com/2015/05/20/facts-and-factors/
  • @jdportes: So @sjwrenlewis & I are so obscure @nfergus has to tweet to say so. Self-awareness, like facts, not his strong point https://twitter.com/nfergus/status/600738786104872961Tweets:
  • @eliasisquith: I can no longer distinguish btwn a Frank Bruni column & a Letters to the Editor section of a midsize retirement community’s newspaper
  • @Noahpinion: I must say, I like the Nozick libertarianism about 16 billion times better than the Rothbard libertarianism.
  • @nick_bunker: @delong @Econ_Marshall my “iron self-control” seems to have only lasted 9 days
  • Do tell: RT .@yeselson: “25 yrs ago, @Milbank wasn’t interested in Marc Rich locking out… aluminum workers”
  • @abgutman: As per usual, @Noahpinion nails is! After a long semester of grad macro, this article is like awesome fresh air. http://www.bloombergview.com/articles/2015-05-22/how-mathiness-made-me-jaded-about-economics
  • @D_Blanchflower: Mac for most of the last year MPC was worried about exploding wage settlements but failed to comment on the fact that they have slowed duh
  • @PatrickIber: Was the revolutionary belief in the creation of a “New Man” the same thing as contempt for existing people? @nils_gilman: Why do secular liberation movements so often give way to religious counterrevolutions? http://www.nybooks.com/articles/archives/2015/jun/04/religious-specter-haunting-revolution/
  • @Econ_Marshall: So we’ve passed “robots are stealing our jobs!!” and made it to “universities can’t guess what robots will do next!!”

Originally published at www.bradford-delong.com.