apparently Wall Street is MMT now

finance.yahoo.com/news/fed-rate-…

WNBA Draft pick: The Chicago Sky selected Angel Reese at No. 7, per sources. The LSU star and 2023 NCAA champion lands in Chicago.

During COVID, people wondered “why did the Spanish flu pandemic get little coverage in the years after”.

Today, the answer feels so obvious that it’s not even worth explaining.

in case this wasn’t performative and ineffective enough, they made sure to wear masks *outdoors* in 2024

SCOOP: A TikTok data scientist says he was assigned a Seattle-based manager on paper, while actually reporting to a Beijing-based ByteDance executive, who ordered him to regularly email U.S. data in spreadsheets to ByteDance workers in China during 2022. fortune.com/2024/04/15/tik…

Venezuela: During the past week, former Vice-President Tarek El Aissami (PSUV, left) had been arrested and he is now being charged with treason, money laundering and misdirecting of public funds, while working as Minister of Petroleum.

#Venezuela #TarekElAissami #PSUV

Iran seems to have stage choreographed the response to Israel’s attack on its consulate in Syria to avoid escalation. The US and Iran clearly do not want escalation. Does Netanyahu? And if he does, does the West continue to give Israel carte Blanche support?

Lmao Petro needs to log off man, him and trump

Calolfornia at it again

People point to a non-linear Phillips Curve

ie, very tight labor markets led to high inflation. Even small tightening brought inflation down quickly, though the 'last mile' is hard

Schmitt-Grohe and Uribe have a model which produces those dynamics

economics.sas.upenn.edu/system/files/2…

🇨🇱🇻🇪 Investigators into the kidnapping & murder of Venezuelan dissident, Ronald Ojeda, claim that there is no evidence of it being tied to organized crime, but rather was political

'We maintain...that the kidnapping & subsequent murder of Mr. Ojeda was requested from Venezuela'

Chilean DA confirms that the kidnapping and murder of a Venezuelan dissident in Chile was planned in Venezuela. Tyrants continue killing their enemies in Democratic countries. We should all be really concerned about this

Every time we look under the hood at exactly how the different inflation indexes are calculated I gain renewed faith that we should be targeting NGDP instead — the real world is nominal!

#TeamTransitoryWithASecondLegUp

On the Fed framework review later this year, Julia is sympathetic to NGDP targeting. Here's hoping her enthusiasm for it is shared by those participating in the framework review! (3/4)

Europe must prepare for potential war, as a full-scale conflict on the continent beyond Ukraine is ‘no longer a fantasy’, the EU’s chief diplomat has warned on.ft.com/4aPZgpc

I don’t think it’s “personal politics” per se driving the war of words among Latin America’s presidents. I think it’s the old left-right divide, which is really the rich-poor divide — the toxic politics of a region with the world’s greatest inequality. It is no coincidence that,…