We broke every possible social contract for young people, unprecedented wealth transfer from young to old, devalued the currency, made home prices insane, education debt crazy and now for the lulz we're automating all the entry level white collar work. Just incredible

Tamil Nadu is a cracked state. I don't think people realize how crazy 11.19% real growth with $4000 per capita GSDP is. For context, China has NEVER registered more than 11% real growth after crossing $3500 per capita GDP. TN is a huge whitepill. The system can work.

What are counter examples to this? Cases where it’s actually quite important to do it well the first time.

Solow's Productivity Paradox 2.0

There have been several recent papers which might be called the ‘Economic History of Science’ but I think this new one is the first true thoroughbred to dash out of the starting stall: A network analysis tracing how discrete scientific ideas diffused amongst scholars through

A very hopeful paper for industrial policy. In a distorted economy, there’s no guarantee that correcting a distortion in any one sector raises total output. Liu is able to show that, in a network and under reasonable restrictions, targeting upstream sectors is always good. 1/

The Modern Software Stack

Every regime, the President floats an anti-corruption “shake up”, usually around midterms: Marcos on flood control (2025), Duterte releasing narco-politicians list (2019), Aquino III vs. Napoles scam (2015), Arroyo tasking PTG vs. corrupt bureaucrats (2008). Time-honored ritual.

It might start as a joke, belief, or rumor. At first, its easy to dismiss. But then it gains a twist, builds momentum, and spreads like wildfire. What causes some ideas to die out while others take over the internet? A new study published in Physical Review Letters offers a

Much more than corruption, the Philippine’s primary problem is lack of capital controls. The corrupt are not forced to reinvest their loot here, where it would circulate & generate multiplier effect. They’d take it out of the country to secure foreign citizenship-by-investment.

Academia is deeply flawed

Did you know that corrupt politicians & criminal businesses have so much CASH that they need to convert it to an asset to hide it. The most popular ways they launder money is by buying: -Luxury condos (Rockwell, BGC, etc.) -Houses in exclusive subdivisions (Forbes, Dasma,

China spends 95% less than the US on healthcare per capita, but has a healthy life expectancy that is *4 years longer*.

These four books revolutionized my view of statistics, and it wasn’t the specific content per se, it was the way they elevated information visualization from a necessary evil to a fine art.

This is a useful reading list on recent advances in econometrics.

The most practical way to get back all those corrupted money is via a Wealth Tax.