Reposted by Schuman
Most consumption is done by wealthier people. But consumption (versus saving) takes up a larger portion of a poor person's disposable income. This is called the marginal propensity to consume (versus the marginal propensity to save).
This is Economics 101.
This is Economics 101.
Trade Representative Jamieson Greer on tariffs: "It's not regressive. Most consumption in America is done by the wealthiest people. So the idea it's somehow regressive is just wrong."
February 17, 2026 at 7:42 PM
Most consumption is done by wealthier people. But consumption (versus saving) takes up a larger portion of a poor person's disposable income. This is called the marginal propensity to consume (versus the marginal propensity to save).
This is Economics 101.
This is Economics 101.
Reposted by Schuman
Japan’s EC-2 Stand-Off Jammer Aircraft Breaks Cover
The new EC-2 Stand-Off Jammer aircraft, based on the Kawasaki C-2 transport aircraft, will replace the unique EC-1 which has been in service since 1986.
Story: theaviationist.com/2026/02/17/j...
The new EC-2 Stand-Off Jammer aircraft, based on the Kawasaki C-2 transport aircraft, will replace the unique EC-1 which has been in service since 1986.
Story: theaviationist.com/2026/02/17/j...
Japan’s EC-2 Stand-Off Jammer Aircraft Breaks Cover
The new EC-2 Stand-Off Jammer aircraft, based on the Kawasaki C-2 transport aircraft, will replace the unique EC-1 which has been in service since 1986.
theaviationist.com
February 17, 2026 at 7:49 PM
Japan’s EC-2 Stand-Off Jammer Aircraft Breaks Cover
The new EC-2 Stand-Off Jammer aircraft, based on the Kawasaki C-2 transport aircraft, will replace the unique EC-1 which has been in service since 1986.
Story: theaviationist.com/2026/02/17/j...
The new EC-2 Stand-Off Jammer aircraft, based on the Kawasaki C-2 transport aircraft, will replace the unique EC-1 which has been in service since 1986.
Story: theaviationist.com/2026/02/17/j...
Reposted by Schuman
A military performance featuring teenagers in uniform, carrying Kalashnikov rifles, took place inside a Russian Orthodox church. In Russia, faith and militarism have become one and cannot be viewed separately.
February 17, 2026 at 5:38 PM
A military performance featuring teenagers in uniform, carrying Kalashnikov rifles, took place inside a Russian Orthodox church. In Russia, faith and militarism have become one and cannot be viewed separately.
Reposted by Schuman
Patients on the higher dose of 7.2 milligrams for about 18 months lost 21% of their body weight on average, a study found. on.wsj.com/4ropZBV
Novo Nordisk’s Wegovy Weight Loss Shot Approved at Higher Dose in EU
Patients on the higher dose of 7.2 milligrams for about 18 months lost 21% of their body weight on average, a study found.
on.wsj.com
February 17, 2026 at 2:43 PM
Patients on the higher dose of 7.2 milligrams for about 18 months lost 21% of their body weight on average, a study found. on.wsj.com/4ropZBV
Reposted by Schuman
Nordic social media attacks on Canada continue to escalate
February 17, 2026 at 12:46 PM
Nordic social media attacks on Canada continue to escalate
Reposted by Schuman
Unless Republicans in the House and Senate grow some spine, Trump will continue to promote Russia's interests over our own, and Ukraine's.
Notable message from President Zelensky. The USA is clearly putting pressure on Ukraine to hand over more of its land to dictatorial Russia.
Good to see the Ukrainian pushback--but the USA should hang its head in shame.
Good to see the Ukrainian pushback--but the USA should hang its head in shame.
February 16, 2026 at 1:02 PM
Unless Republicans in the House and Senate grow some spine, Trump will continue to promote Russia's interests over our own, and Ukraine's.
Reposted by Schuman
Rubio says Orbán’s leadership is ‘essential’ to US interests ft.trib.al/AFvFw91
Rubio says Orbán’s leadership is ‘essential’ to US interests
US secretary of state hails ‘golden era’ in relations with Hungary
ft.trib.al
February 16, 2026 at 12:27 PM
Rubio says Orbán’s leadership is ‘essential’ to US interests ft.trib.al/AFvFw91
Reposted by Schuman
U.S. lawmakers left the Munich Security Conference on Sunday confident they had patched the wound inflicted on the trans-Atlantic partnership by President Trump when he toyed with invading Greenland. But they conceded that Trump's threats had indelibly altered relations with Europe.
In Munich, Lawmakers Concede Scars Remain After Trump’s Greenland Threat
Congress members said that President Trump’s coveting of Greenland had left a mark, even as they expressed hope for a less bellicose approach to foreign relations.
nyti.ms
February 16, 2026 at 12:40 PM
U.S. lawmakers left the Munich Security Conference on Sunday confident they had patched the wound inflicted on the trans-Atlantic partnership by President Trump when he toyed with invading Greenland. But they conceded that Trump's threats had indelibly altered relations with Europe.
Reposted by Schuman
Great piece from @dsquareddigest.bsky.social, which touches on one of the big theories for why English-speaking countries do especially badly at housebuilding:
Adversarial and litigious common law systems (Anglo) vs judge-led civil law systems elsewhere.
samf.substack.com/p/build-the-...
Adversarial and litigious common law systems (Anglo) vs judge-led civil law systems elsewhere.
samf.substack.com/p/build-the-...
February 16, 2026 at 12:14 PM
Great piece from @dsquareddigest.bsky.social, which touches on one of the big theories for why English-speaking countries do especially badly at housebuilding:
Adversarial and litigious common law systems (Anglo) vs judge-led civil law systems elsewhere.
samf.substack.com/p/build-the-...
Adversarial and litigious common law systems (Anglo) vs judge-led civil law systems elsewhere.
samf.substack.com/p/build-the-...
Reposted by Schuman
Russian "Z-bloggers"published a video by Denis Kolesnikov,junior sergeant of 1435 regiment of the Russian army.He described the scale of crimes in the "SMO zone"
According to Kolesnikov,the Russian army has turned into a gang where soldiers are executed, arms trafficking and extortion are massive.
According to Kolesnikov,the Russian army has turned into a gang where soldiers are executed, arms trafficking and extortion are massive.
February 15, 2026 at 7:02 PM
Russian "Z-bloggers"published a video by Denis Kolesnikov,junior sergeant of 1435 regiment of the Russian army.He described the scale of crimes in the "SMO zone"
According to Kolesnikov,the Russian army has turned into a gang where soldiers are executed, arms trafficking and extortion are massive.
According to Kolesnikov,the Russian army has turned into a gang where soldiers are executed, arms trafficking and extortion are massive.
Reposted by Schuman
Doctors Without Borders suspended all noncritical services at one of Gaza’s largest hospitals, the group said, alleging that the facility was being used by armed men.
Doctors Without Borders Says Gunmen Are Using a Gaza Hospital, Posing Risk to Patients and Staff
Doctors Without Borders suspended all noncritical care at Nasser Hospital Complex last month after an uptick in what it called unacceptable acts.
on.wsj.com
February 15, 2026 at 9:48 PM
Doctors Without Borders suspended all noncritical services at one of Gaza’s largest hospitals, the group said, alleging that the facility was being used by armed men.
Leave then, you lying thief.
Orbán says the EU and not Russia is Hungary's real threat ahead of April vote
Prime Minister Viktor Orbán says the real threat to Hungary comes from the European Union, not Russia, as he ramps up an anti-EU election campaign.
apnews.com
February 15, 2026 at 5:36 PM
Leave then, you lying thief.
Reposted by Schuman
Gerhard Schröder is a textbook example of a modern European traitor.
He sold Germany’s energy security to the Kremlin for a seat on a board.
He traded his country’s future for a paycheck from Putin
He sold Germany’s energy security to the Kremlin for a seat on a board.
He traded his country’s future for a paycheck from Putin
February 15, 2026 at 5:24 PM
Gerhard Schröder is a textbook example of a modern European traitor.
He sold Germany’s energy security to the Kremlin for a seat on a board.
He traded his country’s future for a paycheck from Putin
He sold Germany’s energy security to the Kremlin for a seat on a board.
He traded his country’s future for a paycheck from Putin
Reposted by Schuman
Inside the Debacle That Led to the Closure of El Paso’s Airspace
www.nytimes.com
February 15, 2026 at 4:07 AM
Reposted by Schuman
Alberta is poised to hold a referendum on seceding from Canada later this year, and supporters of independence credit Trump’s disruptive energy for adding fuel to their movement.
Canada Has a Secessionist Movement on Its Hands. Its Supporters Thank Trump.
Oil-rich Alberta is poised to hold an independence referendum this year, with the American president’s allies cheering it on.
on.wsj.com
February 15, 2026 at 8:17 AM
Alberta is poised to hold a referendum on seceding from Canada later this year, and supporters of independence credit Trump’s disruptive energy for adding fuel to their movement.
Reposted by Schuman
He skipped the Ukraine meeting in order to be able to travel to Budapest to see Viktor Orban.
giftarticle.ft.com/giftarticle/...
giftarticle.ft.com/giftarticle/...
Rubio skips Ukraine meeting with European leaders in Munich
US secretary of state cancels attendance at last minute in move that EU official calls ‘insane’
giftarticle.ft.com
February 14, 2026 at 8:53 AM
He skipped the Ukraine meeting in order to be able to travel to Budapest to see Viktor Orban.
giftarticle.ft.com/giftarticle/...
giftarticle.ft.com/giftarticle/...
Reposted by Schuman
EU Chief Ursula von der Leyen to Keir Starmer at the the Munich Security Conference: “Ten years on from Brexit, our futures are as bound as ever, dear Keir.
"It is in our common interest to be ambitious about our partnership.
“We are in this together".
"It is in our common interest to be ambitious about our partnership.
“We are in this together".
February 14, 2026 at 9:38 AM
EU Chief Ursula von der Leyen to Keir Starmer at the the Munich Security Conference: “Ten years on from Brexit, our futures are as bound as ever, dear Keir.
"It is in our common interest to be ambitious about our partnership.
“We are in this together".
"It is in our common interest to be ambitious about our partnership.
“We are in this together".
Reposted by Schuman
A strong Europe steps up, takes on its responsibility.
And bring its mutual defence clause to life.
This is Europe’s meaning.
But this commitment only carries weight if it is built on trust and capability.
This is why we must be collectively ready.
Speech at #MSC2026
link.europa.eu/fRqgwg
And bring its mutual defence clause to life.
This is Europe’s meaning.
But this commitment only carries weight if it is built on trust and capability.
This is why we must be collectively ready.
Speech at #MSC2026
link.europa.eu/fRqgwg
February 14, 2026 at 10:05 AM
A strong Europe steps up, takes on its responsibility.
And bring its mutual defence clause to life.
This is Europe’s meaning.
But this commitment only carries weight if it is built on trust and capability.
This is why we must be collectively ready.
Speech at #MSC2026
link.europa.eu/fRqgwg
And bring its mutual defence clause to life.
This is Europe’s meaning.
But this commitment only carries weight if it is built on trust and capability.
This is why we must be collectively ready.
Speech at #MSC2026
link.europa.eu/fRqgwg
Reposted by Schuman
The gullibility of media reporting Musk-related stuff has always been surprising, but the latest round of insanity breaks all records.
I have just enough understanding of the science and factory production to know a) not only how absurd it is to build a satellite factory on the moon but also b) how pointless. It's amazing people still report this as anything but idiot fantasy www.nytimes.com/2026/02/10/t...
Elon Musk Wants to Build an A.I. Satellite Factory on the Moon
www.nytimes.com
February 14, 2026 at 9:44 AM
The gullibility of media reporting Musk-related stuff has always been surprising, but the latest round of insanity breaks all records.
Reposted by Schuman
Commission chief Ursula von der Leyen told #MSC2026 the EU should get serious about its own mutual defense clause.
Like NATO's once-ironclad Article 5, Article 42.7 of the EU treaty obliges countries to assist if another nation in the bloc is attacked.
www.politico.eu/article/ursu...
Like NATO's once-ironclad Article 5, Article 42.7 of the EU treaty obliges countries to assist if another nation in the bloc is attacked.
www.politico.eu/article/ursu...
As NATO concerns persist, von der Leyen urges EU to fortify defense clause
“Mutual defense is not optional for the EU,” warns European Commission president.
www.politico.eu
February 14, 2026 at 10:26 AM
Commission chief Ursula von der Leyen told #MSC2026 the EU should get serious about its own mutual defense clause.
Like NATO's once-ironclad Article 5, Article 42.7 of the EU treaty obliges countries to assist if another nation in the bloc is attacked.
www.politico.eu/article/ursu...
Like NATO's once-ironclad Article 5, Article 42.7 of the EU treaty obliges countries to assist if another nation in the bloc is attacked.
www.politico.eu/article/ursu...
Reposted by Schuman
Fuck this is a awful, dreadful chart.
Not to get all Gladstone about this but... gambling is a major social ill and absolutely needs cracking down on
Not to get all Gladstone about this but... gambling is a major social ill and absolutely needs cracking down on
The non sports part of prediction markets is trivially small and economists should stop being excited about it. - www.ft.com/content/1aa7...
February 14, 2026 at 10:14 AM
Fuck this is a awful, dreadful chart.
Not to get all Gladstone about this but... gambling is a major social ill and absolutely needs cracking down on
Not to get all Gladstone about this but... gambling is a major social ill and absolutely needs cracking down on
Has he mentioned this to the maga bros that wrote the NSS? Who does he speak for?
Rubio tells Europe that US will not abandon transatlantic alliance ft.trib.al/wjgxV0v
Rubio tells Europe that US will not abandon transatlantic alliance
Secretary of state says Washington wants to work ‘together with you, our friends’ on the continent
ft.trib.al
February 14, 2026 at 10:31 AM
Has he mentioned this to the maga bros that wrote the NSS? Who does he speak for?
Reposted by Schuman
Breaking News: The Trump administration is releasing the funds it had frozen for a $16 billion rail tunnel between New York City and New Jersey, government lawyers told a judge.
Trump Administration Tells Judge It Will Release Gateway Funding
Payments for the $16 billion rail tunnel between New York City and New Jersey had been suspended for more than four months.
nyti.ms
February 13, 2026 at 9:36 PM
Breaking News: The Trump administration is releasing the funds it had frozen for a $16 billion rail tunnel between New York City and New Jersey, government lawyers told a judge.
Reposted by Schuman
National Guard troops that the Trump administration tapped to support aggressive immigration operations have left Chicago, Los Angeles and Portland, Oregon, according to U.S. military officials.
Guard Troops Fully Withdraw From Chicago, Portland and Los Angeles
President Trump initially deployed the troops in those cities to support law enforcement efforts to tamp down protests against immigration raids and protecting buildings.
nyti.ms
February 12, 2026 at 9:15 PM
National Guard troops that the Trump administration tapped to support aggressive immigration operations have left Chicago, Los Angeles and Portland, Oregon, according to U.S. military officials.