This week's post: The Decline of Knowledge Based Policy and the Economics Nobel mainlymacro.blogspot.com/2026/10/the-...
In 2010, as austerity became the dominant response to the recession, 2026 Nobel winner Michael Woodford produced a elegant paper showing why it was such a harmful policy.
The Lindsey Graham Act would have imposed significant new sanctions on Russia from 18 October, but allowed the President to issue waivers.
He just did.
To avoid screaming, I went through every provision explaining them and indicating which he waived.
Spoiler: All the ones that did anything.
#OTD in 1941. Charles Hazlitt Upham, New Zealand Expeditionary Force. Victoria Cross *and* Bar to VC. Places and date of deeds, Crete, 22 - 30 May 1941 and Western Desert, 14 - 15 July 1942. #WW2#HISTORY
Trump on El-Sayed: "His name is actually Abduladadalalalala. It's Adulbabababababa Mohammed Al-Sayed. So his middle name is Mohammed. So I was right. He's a jihadist."
I know it's fashionable to be hyper cynical about American voters, but I genuinely do not believe many will accept Trump's new narrative that all the problems in their lives flow from Kyiv.
Kubrick's ‘The Shining’ and ‘The Muppet Show’ were filming next door to each other at Elstree Studios, and that’s how Danny Lloyd got to visit and hang with Kermit in 1979.
Concluding the meeting with the American delegation in the US two days ago, after receiving a tirade of threats from Trump officials, Ukraine's Budanov turned when leaving and said,
"We are now going to burn every last Russian refinery and every last port to hell. All of it, down to the final one."
She fought apartheid, defended Nelson Mandela, and helped change how the world prosecutes sexual violence.
Today, at 85, Navi Pillay was awarded the Nobel Peace Prize.
What an extraordinary woman. 💜
#SheShed#VivaHerAlliance
"Denmark has built so much wind power that its grid now regularly produces more than the country can consume, and on the windiest days the wholesale price of electricity falls below zero."
via Amazing Maps
“He’s gotta resign. … We have to let our own people and everybody else know why it had to be done—because of what’s on the tape, because he lied.”
— White House speechwriter Patrick J. Buchanan to White House chief of staff Alexander M. Haig, August 2, 1974
Someone should note to Suella that if this idea of Englishness wins (along with all the other Hard Right ideas that come with it), then either...
a) the mob she has enabled will come for her – 'not one of us'.
b) the mob will celebrate her as their greatest useful idiot.
What a position.
I'm being told Article XXIV of the WTO GATT says the UK can rejoin the EU unilaterally and under any terms it wants with a one page memo... if Meghan Markle has the courage.
Send post.
Turn off notifications.
Smash phone.
Throw phone in river.
Enter witness protection.
Raise goats.
Houston Texans' linebacker Azeez Al-Shaair spoke to sports journalists re: a $11,941 fine by the NFL for wearing Palestinian🇵🇸Hind Rajab’s name who was killed by Israeli forces in Gaza, on his eye black at a game.
Shame on the NFL!
@insidenflnews.bsky.social@spfcmel.bsky.social#HumanBillboard
Robert Harrington
On Thursday, with hatred twisting his snarling face, Trump lunged at a woman reporter. For a moment, it looked like he was going to physically assault her. “Not you. Not you,” Trump said. Then came the lunge and the monstrous face, “Hey, not you!”
A campaign for *MSF* to be banned as a terrorist group (on the paper thin basis of claims about 2 past employees) is the product of the UK Govt being willing to divorce any meaningful conception of societal threat from its use of proscription powers. Govt needs to wake up to the madness of this:
The Times has run a story this morning about how ‘polite’ the masked men in Dover were to three white ladies on a train. Propaganda in its clumsiest form.
Levi noticed that during election night, the live stream of the official AfD YouTube channel played a techno version of “Erika”, the most popular marching song of the Wehrmacht.
They want us to know!
Virologist/molecular biologist Dr. Flossie Wong-Staal altered the trajectory of the global HIV/AIDS epidemic.
First to clone HIV-1 & complete its genetic mapping, directly leading to life-saving antiviral drug cocktails. Most-cited female scientist of the 1980s. Born #OTD in 1946. #WomenInSTEM
I appreciate that Dolly Parton refused to participate in "dress respectability" and, by her own account, modeled her aesthetic after a town "tramp," who she thought was beautiful. She separated aesthetics from character and understood "classiness" to be about how you treat people, not how you dress.
Canada's largest ice cream company used to source its fruits and nuts from U.S. suppliers — some for over 30 YEARS. Then, Trump imposed a 25% tariff on Canadian products.
So, what did Chapman's do?
They called Italy.
They called Spain.
They signed multi-year contracts with European suppliers.
Sweet Jesus.
The President of the United States is mentally ill. I'm not being alarmist. I'm 100% serious. After reading this shit, I think you'll agree with my assessment...
The thing about Trump is… a well functioning country would never in a million years elect a guy like him, let alone twice.. he is the sum total of our decay and degradation of standards.