zzz

Great reporting, as always, by @npfandos. I’m glad that New York Times readers (and NY-12 loves itself some NYT) will get to see Jack Schlossberg for what he always has been — a deeply unserious dilettante who is completely unworthy of being Jerry Nadler’s successor and would embarrass the district.

Calling it “chat” auto-enrolls you in the permanent underclass

when you make an account on this site you should have to sign a waiver that says "I understand that gothic cathedrals required centuries of trained labor under complex systems of apprenticeship and certification overseen by guilds" so that we can avoid doing this every other day

perhaps I am being too subtle here but this is a cautionary post and there’s danger in the single point of failure. I want the human pantheon rather than machine god

I'm glad that the author of "Rent Control Is Fine, Actually" calls themself Unlearning Economics, bc it's good to just state things clearly, such as the open animosity that many left economic populists have for the field of economics and economists themselves. Economists aren't gods, and economics isn't a divine truth, but economists are good--better than most--at something critical for making public policy: They're good at identifying tradeoffs. "Rents are too high, so freeze them" is compelling politics. But in the absence of other pro-supply policies, if you make it illegal to increase rents, landlords will stop upgrading units and convert them to condos, which reduces the supply of units for rent, reduces mobility, and drives up rents for everybody else. The left econ populists have some clear, and clearly stated, policy ideas: - Rents are too high, so freeze them. - Electricity is expensive, so stop rate increases. - Homes are too expensive, so ban institutional investors. - Power prices are rising, so ban data center construction. ... All these policies feel like solutions because they're brisk, they name enemies, and they take on the most visible source of frustration. But they are much better as villain-naming exercises than they are as a complete public policy. On their own, each creates other problems: less housing built, less clean electricity built, abdicating energy policy by encouraging AI firms to build data centers abroad in unsavory countries with more emissions, etc. I can't think of a single economic populist idea that wouldn't be helped with a little dose of economics, which is why it's troubling when I see the left participating in, and even celebrating, the great unlearning of economics.

Was at the WH Correspondents dinner last night, a rare DC trip for me without a subpoena. On the positive side—was exciting, no one was killed, and ended early. I noted a new litmus for status among the gov’t elite—whether you were whisked away by secret service, or left to fend.

Marx thought calculus was fake because he thought he had disproven derivatives.

Honestly. Rare someone in PE says it out loud and doesn’t blame uhhhh everything else they can think of

Under-remarked that it was the Catalogue of Ships. The guy wanted to be buried wrapped in his favorite Bronze Age spreadsheet. Autism pioneer. I kneel

Democrats, stop. Please. This is the road to hell.

meet the NAKED SEA BUTTERFLY, a real creature that actually exists in the ocean, somehow.

the five types of jazz

Another total victory for the dip buyers. Bears in shambles. This is America. Stocks go up in this country.

I freaking love that we’re at the point where AI is so advanced that it’s eviscerating the software industry, but credit guys are STILL sitting here trading bonds through IB chat like it’s 1980. Remarkable.

Actually this is true. The myth of indigeneity is that a nation of people collectively discovered each piece of virgin, undiscovered land and planted a flag on it. The only time that actually happened in history was America going to the moon.

I'm right about this, btw

that people are asking and seriously considering these questions can help explain the, uhhh, heightened emotional tenor of the whole AI scene

NIMBYs will post an image that absolutely rips and be like "Nobody wants this"

Waymo is going to turn every Luddite into a Jain. They’ll be raising the no harm bar until Waymo is forced to atone for ant fatalities.