Economics explained
@dumaletter.bsky.social
Columnist at Dumaguete MetroPost.
Fan of Frank L Wright, Edward Thorp, Richard Feynman, Richard Cooper, Deirdre McCloskey, Ronald Coase, Thomas Schelling, Hyman Minsky. Ideas and tennis serves cannot be copyrighted. Pancho owns the best service motion.
Fan of Frank L Wright, Edward Thorp, Richard Feynman, Richard Cooper, Deirdre McCloskey, Ronald Coase, Thomas Schelling, Hyman Minsky. Ideas and tennis serves cannot be copyrighted. Pancho owns the best service motion.
Nice
Meta halted internal research that purportedly showed (young) people who stopped using Facebook became less depressed and anxious, according to an unredacted legal filing released on Friday. www.cnbc.com/2025/11/23/m...
Meta halted internal research suggesting social media harm, court filing alleges
Meta is alleged to have halted internal research suggesting social media harm, according to court documents.
www.cnbc.com
November 24, 2025 at 1:21 PM
Nice
The important thing is not to be “exploited,” except by yourself. (Harsh.)
my career path was that my mom told me to go into software so I could make money, and I burned out, so I became a writer, and then I burned out, and then both careers collapsed, and now I basically feel like a surplus person the economy has no use for
November 24, 2025 at 1:01 AM
The important thing is not to be “exploited,” except by yourself. (Harsh.)
Now I'm curious about what was in the deleted post.
I've deleted my post about how I talk about my book Vs how my publishers talk about it because
a) people thought that was a genuine blurb, FFS
b) people told me to stop whining about having a publisher
c) people told me to get better at promo
I have no idea why my post got people so mad
a) people thought that was a genuine blurb, FFS
b) people told me to stop whining about having a publisher
c) people told me to get better at promo
I have no idea why my post got people so mad
November 24, 2025 at 12:50 AM
Now I'm curious about what was in the deleted post.
‘Just disengage’ just might work.
Twitter pays people based on engagement (views, retweets, comments, etc). It appears that many MAGA accounts are based abroad and they use AI technology to generate low-effort rage bait.
My guess is that this will get worse as AI tech improves. For instance, fake videos of minorities doing crime.
My guess is that this will get worse as AI tech improves. For instance, fake videos of minorities doing crime.
November 23, 2025 at 11:26 PM
‘Just disengage’ just might work.
This made me reread a 1981 paper by Kareken and Wallace.
November 22, 2025 at 11:58 AM
This made me reread a 1981 paper by Kareken and Wallace.
That's zesty
BREAKING 🚨: U.S. Housing Market
53% of homes have lost value over the last year, the highest share of depreciation in 13 years 📉🏡😱
53% of homes have lost value over the last year, the highest share of depreciation in 13 years 📉🏡😱
November 20, 2025 at 6:10 AM
That's zesty
Reposted by Economics explained
Write like no one will read it.
Edit like everyone will quote it.
You'll be unstoppable! 🚀
#WritingCommunity #AmWriting #AmEditing #BookSky #WriteSky
Edit like everyone will quote it.
You'll be unstoppable! 🚀
#WritingCommunity #AmWriting #AmEditing #BookSky #WriteSky
November 19, 2025 at 10:07 PM
Write like no one will read it.
Edit like everyone will quote it.
You'll be unstoppable! 🚀
#WritingCommunity #AmWriting #AmEditing #BookSky #WriteSky
Edit like everyone will quote it.
You'll be unstoppable! 🚀
#WritingCommunity #AmWriting #AmEditing #BookSky #WriteSky
Yes!
November 20, 2025 at 5:21 AM
Yes!
If you can time it..
JUST IN 🚨: Michael Burry, the man who has predicted 50 of the last 2 market crashes, is once again warning of impending doom by citing Warren Buffett's 1969 letter followed by a 30% stock market dump 📉👻🫂
November 20, 2025 at 5:19 AM
If you can time it..
BUFFETT news. From CNBC stocks.apple.com/ACIBqOgJ_Sgy...
The laws of politics can be changed, but not economics — CNBC
Just as AI steps away from the spotlight, tariffs entered the stage, like the next act in a Shakespearean play.
stocks.apple.com
November 19, 2025 at 12:26 AM
BUFFETT news. From CNBC stocks.apple.com/ACIBqOgJ_Sgy...
Reposted by Economics explained
On this day in 1914 Edith Penrose was born. We didn't know much about her when @dianecoyle1859.bsky.social recommended her but she had an amazing life & her RBV insight explains why many companies have got into trouble by losing sight of their core focus. #EconSky podcasts.apple.com/gb/podcast/s...
Season 8 - Episode 2 - Edith Penrose
Podcast Episode · Economics In Ten · 04/11/2024 · 1h 27m
podcasts.apple.com
November 15, 2025 at 7:48 AM
On this day in 1914 Edith Penrose was born. We didn't know much about her when @dianecoyle1859.bsky.social recommended her but she had an amazing life & her RBV insight explains why many companies have got into trouble by losing sight of their core focus. #EconSky podcasts.apple.com/gb/podcast/s...
Reposted by Economics explained
Launched in 1977, Voyager 1 has been travelling thru space for nearly 5 decades! It has passed the outer planets of our solar system, crossed the heliopause (look it up!) and is now travelling through interstellar space. On 13Nov2026, it will have travelled 1 light-day from Earth! #science #space
November 14, 2025 at 11:59 AM
Reposted by Economics explained
Solar’s price drop is astonishing: panels are now 98% cheaper than when I first analyzed them in 2004.
Today, building a fence with solar can be cheaper than using wood.
Today, building a fence with solar can be cheaper than using wood.
November 10, 2025 at 8:10 AM
Solar’s price drop is astonishing: panels are now 98% cheaper than when I first analyzed them in 2004.
Today, building a fence with solar can be cheaper than using wood.
Today, building a fence with solar can be cheaper than using wood.
He should distribute to his grandkids.
Buffett’s children are now ages 72, 70 and 67.
Warren Buffett Says He Will ‘Step Up’ Pace Of Fortune Disbursements To His Children’s Foundations
Buffett’s children are now ages 72, 70 and 67.
www.forbes.com
November 11, 2025 at 1:12 PM
He should distribute to his grandkids.
He wins when interest falls.
Warren Buffett now owns a staggering 5.6% of the entire U.S. Treasury Bill Market 🚨🚨🚨
November 11, 2025 at 10:12 AM
He wins when interest falls.
He wins when interest falls.
Warren Buffett now owns a staggering 5.6% of the entire U.S. Treasury Bill Market 🚨🚨🚨
November 11, 2025 at 10:11 AM
He wins when interest falls.
Why can't tennis rankings focus only on the Big Four tournaments?
Is online gambling fuelling the insane hectic schedule of tiny tournaments?
Is online gambling fuelling the insane hectic schedule of tiny tournaments?
Fritz vs Musetti in the Day Session and Sinner vs Auger-Aliassime in the Night Session tomorrow in Turin.
Home interest in both matches for the crowd.
Home interest in both matches for the crowd.
November 10, 2025 at 2:08 AM
Why can't tennis rankings focus only on the Big Four tournaments?
Is online gambling fuelling the insane hectic schedule of tiny tournaments?
Is online gambling fuelling the insane hectic schedule of tiny tournaments?
So, what's new?
November 9, 2025 at 5:52 AM
So, what's new?
What the K-economy looks like.
According to one scenario of Reserve Bank of Dallas, AI superintelligence leads to GDP=0 (all humans are dead). www.dallasfed.org/research/eco...
November 9, 2025 at 5:39 AM
What the K-economy looks like.
How disruption works. Wait till the ‘AI’ stuff implodes.
The Bank of England indicated that the cyberattack on Jaguar Land Rover significantly slowed national gross domestic product growth. www.bankofengland.co.uk/monetary-pol...
November 9, 2025 at 5:38 AM
How disruption works. Wait till the ‘AI’ stuff implodes.
Autocontract AI. Makes sense. Only AI ‘understands’ AI.
November 9, 2025 at 5:35 AM
Autocontract AI. Makes sense. Only AI ‘understands’ AI.
Wisdom not teeth
The older I get, the more I understand why some people choose to disappear and live a quiet, private life.
November 9, 2025 at 2:11 AM
Wisdom not teeth
Reposted by Economics explained
I think my bigger concerns are:
- what if China just dumps AI for free (crash)
- what if instead they DO monetize it, and we've just laid all these people off but it becomes unaffordable for companies to pay for the AI usage to do what people used to do, but those human processes no longer exist.
- what if China just dumps AI for free (crash)
- what if instead they DO monetize it, and we've just laid all these people off but it becomes unaffordable for companies to pay for the AI usage to do what people used to do, but those human processes no longer exist.
November 4, 2025 at 9:40 PM
I think my bigger concerns are:
- what if China just dumps AI for free (crash)
- what if instead they DO monetize it, and we've just laid all these people off but it becomes unaffordable for companies to pay for the AI usage to do what people used to do, but those human processes no longer exist.
- what if China just dumps AI for free (crash)
- what if instead they DO monetize it, and we've just laid all these people off but it becomes unaffordable for companies to pay for the AI usage to do what people used to do, but those human processes no longer exist.