Douglas Holtz-Eakin

Key moments from Kevin Warsh's swearing-in at the White House: 1. Trump tells Warsh to be "totally independent." "Don't look at me. Don't look at anybody." 2. Two minutes later, he gives some suggestions by laying out what he's looking for: a booming economy needn't be cooled, and "economic growth doesn't mean inflation." "We want it to boom. We want it to be like nobody has ever had before because we do have some debt we'd like to take care of." 3. Trump suggests the committee will fall in line. The Fed's other policymakers "make their own decisions, but they'll be listening to Kevin all the way" — even those "from a somewhat different persuasion." 4. Greenspan, not Bernanke. Warsh reached back to Greenspan, sworn in at the same spot in 1987, and vowed to lead "with energy and purpose, just the way Chairman Greenspan did." No mention of Ben Bernanke—the chair Warsh served under for all five years as a governor.

Adding to the list of “Reasons To Not Book Flights Out Of Dulles”…

If I could get one message through to policymakers on data center impacts on local communities, I'd wanna say that the problem with them is never that what's happening inside isn't already hyper optimized, it's always that they concentrate so many processes in one place. The question should always be 1) Does it make sense to build one here? 2) If it does, how can we supply it with the cleanest power and not disturb people with noise pollution or onsite turbines close to where they live? But the idea that DOE's being directed to locate inefficiencies WITHIN data centers is a sign that people making the policy have no idea how these things work.

Jeff Bezos: "If I do my job right, the value to society and civilization from my for-profit companies will be much, much larger than the good that I do with my charitable giving."

MONTH OF MAY, BABY!!!!!!