This was actually really good. Summers is obviously really smart and knows the subject as well as anyone, and once you get passed the “spirited” accusations/defensiveness you can see the underlying philosophical disagreement between Summers (who is a good proxy for the

When journalists say 'I wouldn't want to work in a factory, so no American should have to work in a factory', are they are imagining a stereotyped 1920s assembly line where workers are doing the same repetitive movements again and again all day long -- the type of work that's

Two things can simultaneously be true: 1. In absolute terms, we’ve made tremendous progress in understanding biological systems in the past 50 years. 2. Relative to the full complexity of these systems, our current understanding is approximately 0%.

Any guesses on what major scores highest, on average, on the SAT reading and writing section? It's math majors lol.

Andrew Coyne 🇺🇦🇮🇱🇬🇪🇲🇩

Acha... Martin Werding Clemens Fuest Moritz Schularick

Weak domestic demand was responsible for persistent surpluses in the U.S. of the 19th century? Sometimes this rambling about trade balances can get silly...normally trade imbalances wouldn't matter (normally).

Indeed, very strange to see...

Funny

1/6 According to Bloomberg, Chinese government officials are going to great lengths to protect jobs even as worsening profitability across companies has reached the highest level in over two decades. bloomberg.com/news/features/…

6/6 The point is that in a hyper-globalized world trading system, domestic policies can easily become trade policies, with trade imbalances largely the result of internal decisions about how to allocate income. yalebooks.yale.edu/2025/06/06/wha…

3/5 This is a huge amount of debt needed to generate growth, which reinforces the idea that much Chinese investment is economically unproductive and is made mainly to keep economic activity from slowing in the short term.

Footage of the massive ballistic missile engagement over Tel Aviv, Israel, moments ago

View of Iranian ballistic missile launches towards Israel this morning from a nearby passenger jet.

uh this is a pretty big narrative violation? 83% of Americans support giving medicine to developing nations 78% support giving them food and clothing 63% support economic development 61% support strengthening democracy close enough, welcome back liberal internationalism