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We're at a point where, if the U.S. had another 9/11 style terrorist attack, no matter the actual perpetrators or motives, a big chunk of political influencers and politicians will blame liberals and demand brutal repression.

Some detailed empirical analysis here, in support of a policy of automatic DOJ inquiries whenever prices rise by more than some multiple of inflation. (No regression analysis, tho, as I can't stomach any more senseless R-squared discussions on Twitter.) thesling.org/did-dojs-inves…

these were written by the same writer

Can't imagine the howls of socialism had the Biden administration imposed similar labor safeguards in merger approvals. (It's actually a decent idea. Tho if a merger would permit the merged entity to exercise newfound buying power over its workers, it should just be blocked.)

and coincidentally... Lina Khan's rough year drags on forever

“Fandom isn’t being nurtured anymore. It’s being mined.” Joon Lee makes the (convincing) case that private equity is to blame for exploding sports ticket prices. nytimes.com/2025/06/16/opi… via @NYTOpinion

***NEW PAPER*** open access Tariff blitz, oil price jumps, freight rate hikes: Cost shocks are back. We analyzed 138,962 corporate earnings calls with AI/LLM to show how economy-wide cost shocks let corporations raise prices & increase profits—triggering sellers' inflation. A🧵

literally the entire education system is municipally funded & governed & the dumb fed agency we had once had for block grants & college loan sharking is being dissolved by a pro wrestling exec so I am keen to know why she thinks daycare only "makes sense" as a federal policy

When Elon decried the House version as being fiscally irresponsible, that was code to GOP Senators for "More cuts to Medicaid!" Feigning concern about the debt never means raising taxes for the rich. It always means cutting services for the poor. prospect.org/politics/2025-…

ICE agents disappearing a mayoral candidate for asking for a judicial order, per his wife and campaign

I favor abolishing Vox and The Atlantic as a federal policy, not a municipal one.

someone tell me if i am missing something (earnestly) but feel like i have seen more MTG pushback against Trump going after Iran over the past 48 hours than i have leading dems

Prediction: Even if AI doesn't actually kill jobs, CEOs will use the *threat* of AI to tip the balance of power towards employers and to extract concessions by workers in wage negotiations.

NEW: @Varsity has unveiled details of its new Pro Cheer League, set to launch in Jan. Varsity Spirit president Bill Seely tells Sportico athletes will be employed by league and should expect five-fig comp inaugural season. Story w/ Eric Jackson 👇 sportico.com/leagues/other-…

Lul. Another franchise run by “private equity” as Hal Singer pointed out the NY Times covered.

I was looking for the antitrust authority that says divestitures are bad. Thanks to Matt Stoller for finding it! thebignewsletter.com/p/why-is-googl…