Jos Gallacher 🕊️

Le rayon vert.

I’m beginning to wonder about The Herald.

The correct legal approach to this seems to be that when platforms start favouring some content over other, they don‘t deserve immunity for third party content on the basis that they are just platforms. They should become liable. finance.yahoo.com/media-advert...

Restaurante la Botica

Stocked up on my special sin.

Does rioting make you more left wing than not rioting? Can you be more left wing than a rioter ? www.ft.com/content/f977... Who are the Black Bloc?

The Labyrinth of Shame, even at this hour. Why?

I wonder how quickly we’ll get back to the zero lower bound if “tech firm CDS spreads” stays on the FT front page.

As clichés go this one is a bit niche. It still needs to be banned. 1376 times over.

Never buy a non-fiction book with “Infinity” in the title.

NEW: Unemployment has fallen by 48,000 over the last 3 months, and is 26,000 lower than a year ago. On the wider measure including underemployment, there are now 5.1 million seeking (more) work, up by around 80,000 in the last year. There are 7.25 people seeking work for every vacancy.

The labyrinth of shame. Again. Why do we put up with this?

The labyrinth of shame. Again. Why do we put up with this?

Beginning to think that John Healey is a lucky chancellor. AI is boosting investment and so growth while the stock market jitters over AI is lowering gilt yields. #budget26

I’m at the Lyceum and I’m in my prime.

😧 www.ft.com/content/a752... US 10-year Treasury yields risk hitting 6% for first time since 2000, Pimco says

Small Modular Nuclear Reactors that will power the planned UK new nuclear power generation plants will produce more waste than a conventional nuclear power plant. Why? Higher Neutron Leakage (Physics of Core Size) Because SMRs have smaller reactor cores relative to their surface area a hight % 1/

Edinburgh South West today.

Oh-oh! www.ft.com/content/9c13... AI borrowing slows as investors grow wary of debt binge

“acting on their own”

It’s not yet hopeless. 🇫🇷 paulkrugman.substack.com/p/whats-the-...

Henceforth this writer will use "middlemost" instead of "median" when describing 50th percentiles.

Calls to remove profiteering from children’s social care are growing. But if we’re serious about tackling profiteering, we need to ask: when a council pays for a child’s care, where does the money go? Children’s care should be about children, not profit.

Maricarmen deja un ejemplo de lucha y dignidad que va a vivir para siempre. Ojalá no sientan nunca tranquilidad quienes le arrebataron la suya.

There are a few things I miss about Belgium.

It was great to visit Edinburgh Napier University today and meet some of the students benefiting from its partnership with Enterprise Mobility. We had an excellent discussion about the many ways they work together to help students develop the skills and experience they need to succeed.

Post a meme made by you.

So that’s all good then.

The Steamie at the Kings Theatre. Drama from a different time.

This seems like a good move. Lowering expectations ahead of the budget is good tactics. Allow time for the effect of recent rises in nhs (etc) spending to take effect. Wait for a spending review and don’t feed the narrative of crisis.

UK bonds doing less badly than the others.

The RSNO are back. Tonight it’s Shostakovich 5.

One those articles that end with a 😬 Not good www.ft.com/content/8787... Is circular financing in AI a problem?

Larry Elliott is as eloquent and coherent as ever. The Chancellor needs him...not just us as an economist, but also as a communicator. www.theguardian.com/commentisfre...

"Double, double toil and trouble; fire burn and cauldron bubble," wrote William Shakespeare, who was one history's greatest authors but obviously ill-versed in gastronomy.

I am one of 14 cousins, kids of 4 brothers living in the same Scottish town In the 80s, you were called in to sign on on specific days,,depending on the initial of your surname. I regularly met 3 of my cousins signing on. Almost a quarter of the generation signing on. I give you Thatchers 80s.

“Eurozone hit with bout of selling” Why do they say “selling” when there is just as much buying? If prices fall doesn’t that make buying more attractive? It makes sense only when there is forced selling (as there is in US markets, today). www.ft.com/content/e485...

SI = Sham Intelligence.

An interesting read. engelsbergideas.com/essays/smrs-...

It shouldn’t need saying, but it does.

Is that bad?

How does dirty money shape our world? This Thursday at De Balie, @oliverbullough.bsky.social and Thomas Bollen (@ftm.nl) expose the global system of money laundering. An evening about shell companies, tax havens, crypto, empty high-end apartments and more. Tickets & info: debalie.nl/programma/th...

What is x divided by zero? It is not, as Micheal Gove said on C4 news, “infinity”.🤦‍♂️ x times infinity is infinity x times zero is zero so infinity times zero is zero, infinity or x. Which it’s why mathematics says x divided by zero is “undefined”.

If there is a 10% chance AI will kill 100% of people what is the chance that AI will kill 10% of people?

Good news

What is x divided by zero? It is not, as Micheal Gove said on C4 news, “infinity”.🤦‍♂️ x times infinity is infinity x times zero is zero so infinity times zero is zero, infinity or x. Which it’s why mathematics says x divided by zero is “undefined”.