eperkash.bsky.social
@eperkash.bsky.social
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also, Jeffrey Sachs
June 9, 2025 at 5:10 AM
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Here's a graphic from the Stevenson and Wolfers introductory economics textbook. (It's a point of pride for me that no other textbook insists on this level of numeracy before presenting macro data.)
June 7, 2025 at 3:31 PM
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Watch me scramble in real time as I try to find the economic angle on the Musk-Trump tiff.

(I think I found one, and the issues it highlights are terrifyingly important.)
June 5, 2025 at 7:36 PM
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The more Trump convinces himself that all imports are bad imports, and every consumer dollar spent on foreign-made products is, by definition, a "lost" dollar, the less likely he is to abandon his failing trade policy: www.msnbc.com/rachel-maddo...
Trump: "We already made a great deal. We're not doing business with China right now. We lost $1 trillion with China last year, so if you're not gonna do business with them, you're not gonna lose $1 trillion."
May 9, 2025 at 9:29 PM
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he really, truly thinks that stopping trade with China entirely is good

he doesn’t care how much damage it does to the economy or how many businesses go under - he thinks that if Americans buy anything from China we are losing money so it should stop

there’s no twelve dimensional chess here
Trump: "We already made a great deal. We're not doing business with China right now. We lost $1 trillion with China last year, so if you're not gonna do business with them, you're not gonna lose $1 trillion."
May 9, 2025 at 9:12 PM
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I watched this whole thing happen w Bush! Hard to overstate the cult of personality around him! How brilliant and tough and wise he was! He turned out to be an incompetent disaster. But there was no moment of epiphany,no “wow we got that wrong” just a hard pivot (for most) into Donald Trump God King
April 5, 2025 at 4:16 PM
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All the many people who’ve made their entire careers lying about his obvious nature will just abandon it, and slink away and find some new project where the left is wrong.
April 5, 2025 at 4:13 PM
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What’s less funny is that all the people who used to hold the opposite views, basically all conservatives haven’t even stopped for a second think “hmmm what might be the lefties be right about this time?” The answer of course is Trump is a historical menace. And at some point that will be consensus
April 5, 2025 at 4:13 PM
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I will say that it is funny that three positions that were the core of my youth: the current neoliberal trade regime is bad, the Iraq War is a monstrous mistake and George W Bush sucks, have now become right-wing canon.
April 5, 2025 at 4:13 PM
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Maybe I'm wrong, but I feel like if a US exchange student in a foreign country (say, Turkey?) was imprisoned for six weeks because they wrote an op-ed in the student newspaper it would be a huge domestic story and an international incident.
May 9, 2025 at 10:52 PM
@mikecarlton01.bsky.social Please consider writing occasionally on Substack. It will be great to read your views. Thank you.
April 28, 2025 at 10:57 AM
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Elon Musk and the Trump administration claim they want to bring manufacturing back to America. But they don’t want to recreate the economy of the 50s and 60s; they’re after something much darker.

The latest from my newsletter: paulwaldman.substack.com/p/trump-and-...
Trump and Musk's Manufacturing Bait and Switch
A well-paid, empowered workforce is the last thing they want. How'd you like a job making shirtwaists?
paulwaldman.substack.com
April 15, 2025 at 12:46 PM
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So Trump *has* conceded he has the ability to bring García back. So not doing so would be contempt of court.
Update: I just listened to the audio of this.

Trump: “If the Supreme Court said bring somebody back, I would do that. I respect the Supreme Court.”

Reporter: And the lower court as well…?

Trump: “Oh no, no. I’m not talking about the lower court. I have great respect for the Supreme Court.”
Asked about the court order to return Kilmar Abrego Garcia from El Salvador, Trump said this tonight, per White House pool:

“If the Supreme Court said bring somebody back I would do that. I respect the Supreme Court...I have great respect for the Supreme Court."
April 12, 2025 at 1:29 AM
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no offense to Jeff but if you are alleging the head editor of the Atlantic was cunning enough to circumvent all your security safeguards that kinda makes you sound even worse
Wow — Mike Waltz on Fox News suggests Jeffrey Goldberg somehow schemed his way into the Signal group instead of just being invited by accident
March 26, 2025 at 12:33 AM
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It’s like Watergate, only in this version Nixon directly mails the tapes to Woodward and Bernstein
March 25, 2025 at 6:02 PM
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Scoop: The Washington Post recently—and quietly—removed its "Democracy Dies in Darkness" slogan from the opening sequence of its app, a notable change given Jeff Bezos once insisted it always appear alongside the logo. It also no longer appears atop its mobile site. www.status.news/p/washington...
Democracy Dies in the Light
The Post’s slogan hasn’t died in darkness, but with Jeff Bezos trying to steer the newspaper in a new direction, it is taking a noticeable step back from the spotlight.
www.status.news
March 26, 2025 at 2:39 AM
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Musk joins German far right's opening rally remotely, instructs Germans to stop feeling guilty and reminds them how impressed Caesar had been with German tribes' ability to fight.

Could not make this up.
Elon Musk bei AfD-Wahlkampfauftakt in Halle (Saale) zugeschaltet
»Seid stolz, Deutsche zu sein«: Von einer Videoleinwand sprach der Techmilliardär Elon Musk zu AfD-Anhängern. Der Trump-Berater verbreitete seine Erkenntnisse über die »deutsche Kultur«, in der Messeh...
www.spiegel.de
January 25, 2025 at 6:14 PM
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Indeed. He is our national prostate problem
Trump: We might be an enlarged country pretty soon.
January 26, 2025 at 12:39 AM
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Pretty sure @brianbeutler.bsky.social will prove right about this: House Republicans will "spend the next two years scrutinizing trivial or fake Democratic indiscretions while Trump and his loyalists rob the country blind."
www.offmessage.net/p/heres-a-si...
Here's A Simple Exercise To Help Democrats Rebuild—It's One They're Desperate To Avoid
Where does the typical marginal voter learn what he thinks he knows about politics?
www.offmessage.net
January 6, 2025 at 3:55 PM
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He’s just now figuring this out
December 28, 2024 at 1:52 PM
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This by @ryanlcooper.com article is still the most important election postmortem you will read.

prospect.org/politics/202...
Democrats Lost the Propaganda War
The party used up about $5 billion on political ads in 2024. There’s a better way.
prospect.org
December 26, 2024 at 11:17 PM
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"As technology made gambling and speculation essentially frictionless, fueling the rise of predatory “limbic capitalism,” policy did nothing to protect Americans from their self-destructive instincts." paulkrugman.substack.com/p/america-th...
America the Addicted
Gambling — on sports, stocks and crypto — is the new opioids
paulkrugman.substack.com
December 23, 2024 at 4:34 PM
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Albo and federal Labor need to take the Dan Andrews approach to the NewsCorpse gang. Just ignore the bastards. Deep freeze them. The Herald Sun did its vicious worst, but Andrews still won three elections.
December 10, 2024 at 8:06 AM
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One measure of the influence of Krugman the columnist: I don't think I ever spoke with anyone in the White House -- from either side of politics -- who didn't know what Krugman had written that morning.
December 10, 2024 at 2:53 AM
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December 5, 2024 at 2:16 AM