John Cassidy

I found this interesting. substack.com/home/post/p-...

I found this interesting. substack.com/home/post/p-...

Eight months in, the decision to go to war with Iran is looking like the worst presidential decision since the last Republican president blundered into a needless Middle East war.

Any thoughts Chief Justice Roberts?

Stuff happens.

Elon Musk is single-handedly funding the Ken Paxton campaign:

👇🥲

Nearly eight months in, Trump's needless war has turned into a strategic, economic, and political fiasco. Whodathunkit? Practically anyone with a knowledge of the Middle East and the energy markets.

Really cool graph from @ernietedeschi.bsky.social on the bad site. Gen Z is the wealthiest generation in history controlling for age. Millennials are now finally wealthier than previous generations were at the same age. We are a very rich country. The problem always is bad distribution of wealth.

Trump’s attempt to get Russian energy bailout? “‘I cannot overstate how much of a nothing burger this is,’ Rory Johnston, an oil market researcher and founder of CommodityContext.com.”

Get 'em, Z

Looking forward to this event later today. Thanks to Professor Will Milberg and the New School for inviting me to talk.

At a press conference outside 26 Federal Plaza, immigrant advocates and family members of those detained gathered to raise awareness about the arrests. They urged immigrant New Yorkers who have received a “call-in letter” from DHS to get legal help before their appointment.

The novelist, perjurer, Conservative politician, and shameless bounce back artist Jeffrey Archer has died, aged 86. Here's a link to a profile of him that I wrote in 2001. www.newyorker.com/magazine/200...

Well, gee, this certainly makes $6 per gallon diesel worth it

Corporate profits now represent 14.9% of GDP, the highest share on record going back to 1947 Citadel Rubner

Trump's disapproval rating hits 60% in poll average. You may well ask who the 37.4% are. Significant nonetheless.

Helpful pull together and assessment of the latest guesstimates for forward AI capital spending, AI revenues, and required rates of return by the RobinWigglesworth.ft.com Common theme: huge $ sums, and, at this stage, it's largely funny money. www.ft.com/content/f83b...

“Beyond two parking tickets for not moving his vehicle during snowstorms, Abdullah has no criminal record in Minnesota and was working legally as a mechanic while his asylum application was pending. He arrived in the United States in early 2023.”

No president has ever gone into a midterm election as unpopular as Trump is today. Not even George W. Bush in 2006. Trump's net approval is twice as low as it was at this point in 2018. blog.fiftyplusone.news/p/no-preside...

In time for the new school year--and the P(doom) debate--I'm pleased to say that my book "Capitalism and Its Critics: A History from the Industrial Revolution to AI" is available in paperback. 1/4

He ought to be asked about this when he’s presented as a Democratic strategist.

What a fiasco.

The Trumps would only do this stuff if they felt invulnerable, which apparently they are.

The United States is preparing to sell Israel 40,000 bombs weighing 2,000 pounds (nearly a ton) each in a $2.8 billion sale. IT’S FUNDED BY U.S. TAXPAYER MONEY. The Trump administration has approved the sale, making it among the largest deliveries of U.S. munitions to Israel.

Seems like a fair question. Taxpayers dollars.

Macklemore defended his remarks last week, saying, “Wanting all humans to be treated equal should never be controversial.”

You know who actually did show up at Ground Zero? Canadian emergency rescue crews.

"An A.I. apocalypse in the labor market doesn’t appear to be arriving on the schedule advertised by the likes of Altman and Amodei. But having a bit of breathing space is no excuse for inaction." www.newyorker.com/news/the-fin...

"An A.I. apocalypse in the labor market doesn’t appear to be arriving on the schedule advertised by the likes of Altman and Amodei. But having a bit of breathing space is no excuse for inaction." www.newyorker.com/news/the-fin...

Here are some of our recommended reads in this episode by the likes of @johncassidysays.bsky.social, @birdyword.bsky.social, Tom Butler-Bowdon and @gabrielzucman.bsky.social. Have a listen and then have a read... #EconSky #BookSky

Six months in and no end in sight. I took a look at the ever-rising tally in terms of military expenses, higher energy prices, and other economic costs. www.newyorker.com/news/the-fin...

🚨🚨🚨 NATIONALLY, unsubsidized #ACA premiums are set to jump an *additional* 15% in 2027: acasignups.net/rate_changes...

Six months in and no end in sight. I took a look at the ever-rising tally in terms of military expenses, higher energy prices, and other economic costs. www.newyorker.com/news/the-fin...

Shocked. Shocked. Shocked.

"You would think that this experience would have taught Bessent the perils of tangling with the financial markets, but now, more than three decades later, he is in a high-profile tussle with bond traders..." My latest column: www.newyorker.com/news/the-fin...

"You would think that this experience would have taught Bessent the perils of tangling with the financial markets, but now, more than three decades later, he is in a high-profile tussle with bond traders..." My latest column: www.newyorker.com/news/the-fin...

You can’t talk about debt without talking about how we got into a bad predicament, and there’s only one correct answer: tax cuts enacted this century

$100K a month for fast access to the president's Truth Social posts? “It’s such a brazen pay-to-play scheme. Literally, you have to pay to play'" @veritasdhg.bsky.social tells me. www.newyorker.com/news/the-fin...

$100K a month for fast access to the president's Truth Social posts? “It’s such a brazen pay-to-play scheme. Literally, you have to pay to play'" @veritasdhg.bsky.social tells me. www.newyorker.com/news/the-fin...