The aim of economics, as I understand it, is thus to determine which things that can be counted but do not count are valid instruments for the things that count but cannot be counted

Yelling at an inanimate object to STAY and zooming into one slide of an Instagram post so that you can dm that specific slide feels the same imo

This Makes More Sense: The Worst Person You Know Just Made A Terrible Point clickhole.com/this-makes-mor…

"How can racist Irish people be racist when they sound exactly like Indian Hitler?"

MDPI. You invented MDPI.

This is literally the only good take Sanyal has ever had, actually

You know how silly non-economists sound when they make complaints that fundamentally misunderstand academic economics? That’s what we sound like when we say things like this.

Andor makes me feel like a teenager running a Star Wars stan account. I love it so much

It's a merger of complements, not of competitors. They are almost always legal.

There's a time-lag to land use reform and housing supply, public housing has a clear role to play here. Can help politically pursue YIMBYism following from its positive effects on equality.

1/ A 23-part thread on China's one-child policy (1CP). Mostly things all China historians and China watchers know well but others may not.

6/9 Is this about separations or hiring? Our data allows us to answer this question. The decline comes almost entirely from reduced hiring, not layoffs. After 2023Q1, adopters hire 3.7 fewer juniors per quarter; separations edge down slightly; promotions of incumbent juniors rise

Vietnamese emperor Tự Đức (ruled 1847-1883) was sick of his officials moving the goalposts, so he demanded pre-registration of predictions.

When people (esp. degrowers) think that median Western incomes are somehow acceptable and that, if inequality were less, we could keep the current global GDP and all live at incomes around the Western median they simply do not know the facts. US median income person is at the