Bourdieu’s insight into social class isn’t just about money or jobs—it’s about capital in many forms. Each type (economic, cultural, social, symbolic) can reinforce the others, shaping who holds power in a society… 🧵(1/n)

one country now

Say it with me now: BANKS DON'T LEND OUT CUSTOMER DEPOSITS. When a bank issues a loan they create a *new* contract as a loan that creates *new* deposits. The loan doesn't redistribute old deposits. It creates new ones. This, by the way, is how all financial asset creation

Frequently asked question: Why does my weather app say that I’m getting 20-30 inches of snow? This one is a pretty straightforward answer. Most phone weather apps rely completely or heavily on automated output from one or a few computer models. Those models spit out exact

To repeat: Abolish ICE.

Me, a DC resident

Strong dollar has worked in our favor for years, as we have been net importers. A weak dollar when other countries want to re-globalize supply chains WITHOUT the US seems like it won’t work out so well.

Amazing... pedocon theory explains the world in ways we don't even fully understand Reg Monkey🐵

This tweet by Elon Musk addressing allegations that Jeffrey Epstein toured SpaceX appears to be a lie.

The people getting excited about a Warsh-Bessent "accord" are the same ones who thought Bessent would pursue a 3% deficit target through Rubinomics 2.0. Because its the exact same lie. Fiscal is actually moving the opposite way. Need to turn their bullshit detectors up....

The celebritization of Supreme Court justices creates…unbalanced…incentives for how justices approach their role…

Incredible. Research analysts (this from George Pollack at Signum Global) are now having to explain basic US election laws to their clients. Literally the type of note typically see about various quasi-democratic frontier markets.

What is the "crypto industry"? Like, what does it produce?

A liberalism that can stand up and say Jon Stewart is a low information voter is actually a big sign of progress

It is with great sadness and abiding hope that I leave my role as AAG for Antitrust today. It was indeed the honor of a lifetime to serve in this role. Huge thanks to all who supported me this past year, most especially the men and women of @justiceatr

The juicero of the AI age here!!

The entire Trump administration be like

Using AGENTS.md and CLAUDE.md in a project

So consumers paid the tariffs, but importers get the refund?