David Stinson

The value of surprise, of the rare, and where to find it: stinsonanalytical.com/2016/11/17/exp…

@wapella @TwigGlobe @SonVlad @JamesSurowiecki @mdangremond In your example: (Import price + tariff without VAT)/(domestic price without VAT) = 1.50/1.00 = 1.50 (i.e., import price higher by tariff %) (Import price + tariff + VAT)/(domestic price + VAT) = 1.80/ 1.20 = 1.50 (i.e., import price higher by tariff %) Therefore, VAT neutral.

@TwigGlobe @SonVlad @JamesSurowiecki @mdangremond But VAT is applied to the COGS + tariff. Not just the COGS. The VAT cascades on the tariff. So (as above, which you are ignoring) a 50% + a 20% tariff = and extra 10% cost. It is just arithmetic. I am sorry that it isn't working for you.

Just figured out where these fake tariff rates come from. They didn't actually calculate tariff rates + non-tariff barriers, as they say they did. Instead, for every country, they just took our trade deficit with that country and divided it by the country's exports to us. So we have a $17.9 billion trade deficit with Indonesia. Its exports to us are $28 billion. $17.9/$28 = 64%, which Trump claims is the tariff rate Indonesia charges us. What extraordinary nonsense this is.

@SchattigeDer Any plans to publish a translation of Heliopolis?

Our edition of On the Marble Cliffs is still available. It is translated by Stuart Hood who was friends with Jünger. It is the superior translation and has the advantage of not trying to convince you that Jünger was evil, as in the NYRB introduction. amazon.com/Marble-Cliffs-…

6) 👇twitter.com/The_Outs1ders/…

5) One possibility is that dual-class arrangements approximate the longer-term focus of a private corporation, while still permitting access to, and access by, investors in public capital markets.

1) Investors in firms with dual-class share structures are not forced either to hold or purchase the more widely held shares that have reduced or no voting rights. They purchase them in the full knowledge that the shares embody reduced property rights. Why?

@Mootz613 @cogeco Is it too much to ask that Kingston customers be given an expected date/time of service restoration? Or at least some sort of answer or acknowledgement? This really is a text book case of how not to handle outages.

@cogeco Kingston hassl been out for 42 hours.

Dear customers, Please note that our services are affected in several regions due to bad weather and power outages. Our technicians are monitoring the situation carefully and will do everything necessary to ensure that your services are restored as quickly as possible.

'“Hypocrisy” ... is simply a display of power, so the more blatant it is the better. Hypocrisy is a concrete demonstration of living without having to fear consequences.' theupheaval.substack.com/p/its-not-hypo…

... For example, if the market expects a decline of inflation, is that because the market considers current CB actions sufficient and further action unnecessary or is it because the market expects further action?

In the absence of a clear, consistent, credible and economically relevant monetary target, it is not possible for a CB to effectively coordinate monetary policy actions with market expectations/forecasts. ... zerohedge.com/markets/fed-ju…

@Urgandasubtle5 Not only do not rush to read it, but run away from it.

📸Славная мотивация начать день но не спешить читать новости.

@lutschij @Urgandasubtle5 A problem with online booksellers is that I miss the fixtures — the floor-to-ceiling bookcases and sliding ladders. The ladders introduced an element of élan.

@Urgandasubtle5 Начинаем бороться?) Но сон берёт своё ☝️🙂🌙

Горький в борьбе с литературной редакцией.. Было трудно но я забралась на верхнюю полку.. и теперь мне есть о чем подумать:)

I am wondering if I need to add "storytelling" to my list of skills on Linkedin.

@mdvex22 @Jed_Trott This is nice. I have always had a thing for high-performance station wagons. bringatrailer.com/listing/1995-b…

@GeorgeCooper__ @mdvex22 @Jed_Trott Inevitable, I suppose, given the computerization of cars.

@mdvex22 @Jed_Trott I'd make an exception for a 1M.

The only cartels that are economically discoordinating are cartels made up of governments (or government-supported enterprises). zerohedge.com/geopolitical/u…