Alan Greenspan turns 100 on Friday. That's as good a time as any to re-up my rehabilitation of Greenspan, based on Sebastian Mallaby's 2016 biography open.substack.com/pub/stephenk...
Alan Greenspan turns 100 on Friday. That's as good a time as any to re-up my rehabilitation of Greenspan, based on Sebastian Mallaby's 2016 biography open.substack.com/pub/stephenk...
Alan Greenspan turns 100 on Friday. That's as good a time as any to re-up my rehabilitation of Greenspan, based on Sebastian Mallaby's 2016 biography open.substack.com/pub/stephenk...
Yeah, in practice here the measure of operational success is just, "is it safe to navigate the Strait of Hormuz?"
If the answer is 'no,' then you haven't yet achieved the objectives.
Home by Christmas is what I am hearing.
World Book Day repost
Ahhh I see it is parental shame day
Your periodic reminder that saving is a residual measure, not the start of a causal chain. Individuals decide on how much to spend. Saving equals income less consumption. Itβs an outcome not an impulse.
What happened to "Trump will dampen things down ahead of the midterms"
Is the extra interest in Anthropic/Claude at the expense of OpenAI affecting Claude API response times? Asking for a friend.
"This poses an existential threat to the Iranian regime, and they will throw everything at America & Israel. They will be seeking to survive as a regime. If they do, it will be a victory for them. It would also be a problem for the Trump administration." mickryan.substack.com/p/decapitati...
Given rumors about an attack on Embassy Kuwait, I feel obligated to mention that in earlier research we found that casualties among diplomats were viewed as seriously as casualties among soldiers
preprints.apsanet.org/engage/apsa/...
My old landlord made an error and wanted to drop my security deposit off to me directly.
He pulls up to my new building driving a very new Porsche.
Thatβs who the housing shortage enriches, folks!
Just build more!
A statement on the comments from Secretary of War Pete Hegseth.
https://anthropic.com/news/statement-comments-secretary-war
I spent yesterday afternoon teaching my students about the Trump AI strategy that Dean largely wrote, with additional material from his substack. This is a remarkable statement for him to make.
There is no equivocation or nuance in Hegseth's statement and policy. He demanded, in his own words, "full, unrestricted access" to a private companies resources and proprietary models. When Anthropic refused, he designated the company as an enemy and enacted economic retribution against it.
This week's newsletter: stephenkirchner.substack.com/p/after-ieep...
Court of International Trade sees hundreds of cases seeking refunds of IEEPA tariff duties paid, with interest www.ft.com/content/365d...
Japanese PM appoints fiscal reflationists to the BoJ policy board, including Chuo University economist Asada ToΜichiroΜ, a heterodox Keynesian who translated Hyman Minsky into Japanese observingjapan.substack.com/p/takaichi-i...
Japanese PM appoints fiscal reflationists to the BoJ policy board, including Chuo University economist Asada ToΜichiroΜ, a heterodox Keynesian who translated Hyman Minsky into Japanese observingjapan.substack.com/p/takaichi-i...
Court of International Trade sees hundreds of cases seeking refunds of IEEPA tariff duties paid, with interest www.ft.com/content/365d...
US Treasury Secretary initiated January's yen-dollar rate check, according to the Nikkei. Bessent being more interested in intervention than the Japanese MoF tells you something asia.nikkei.com/business/mar...
US Treasury Secretary initiated January's yen-dollar rate check, according to the Nikkei. Bessent being more interested in intervention than the Japanese MoF tells you something asia.nikkei.com/business/mar...
AM I SUPPOSED TO BE SUPRISED? IS THERE ANYONE OUT THERE WITH HALF A FUNCTIONING BRAINCELL AND A PULSE THAT'S SUPRISED??
fortune.com/2026/02/24/d...
Hacktivists tried to find a workaround to Discordβs age-verification software, Persona. Instead, they found its frontend exposed to the open internet, and that was just the beginning.
www.therage.co/persona-age-...
President Trump ups the section 122 global tariff rate to 15% for 150 days, effectively trashing the 10% deal done with the UK www.ft.com/content/8b1e...
"US was historically strongest when it resisted precisely that form of politics" giftarticle.ft.com/giftarticle/...
SCOTUS decision wipes out nearly three-quarters of Trumpβs tariff depredations taxfoundation.org/blog/supreme...
Totally appalling way to treat anyone but in this case this woman had not broken any immigration rule at all. And the British consulate were completely and inexcusably useless. Awful and I think deserves some response from the Foreign Office.
www.theguardian.com/us-news/2026...
SCOTUS decision wipes out nearly three-quarters of Trumpβs tariff depredations taxfoundation.org/blog/supreme...
GORSUCH: β.. permanent accretion of power in the hands of one man. That is no recipe for a republic.β π