Interesting article in the FT saying inflows and outflows are more important than efficient markets theory states and that passive investing inflows explain a lot of the market exuberance. I know stock market isn't the same as the economy but that is what a lot of people pay attention to.

Great critique! I think many works are having trouble reconciling how little the details of policies matter for elections. They want policy to matter because they are smart, but it seems elections are more about sales, charisma, memeable videos and tweets, and they have much less to offer there.

I feel this way about so much political shit lmao

I haven't played the original since I played the remake but I could imagine its faults could stand out more now. I did love how the remake improved the settings. I liked the island more too with the rain

I kind of like that arcade-y feeling of the original, maybe it is just nostalgia, but i liked how gamey it was. The remake felt like a different game (which is a good thing)

I just don't understand why so many people are still on Twitter. It has caused me to lose a lot of respect for a lot of bloggers and journalists I once thought highly of.

It's not a very democratic philosophy but we are so beyond that at this point

Sort of, but a policy platform is secondary to having an attractive, charismatic candidate who can go on TV and have voters trust and like them.

To MY the policies matter more, which leads him to the absurd conclusion that Trump ran as a moderate for his second term.

The problem is in both directions - corrupt elites, moronic populace which refuses to acknowledge tradeoffs

I've read you since your early blogging days, but you have to come to terms with the fact Trump proved policy doesn't matter much for running campaigns and winning. Run cool likeable people regardless of policy prescriptions. It is bad for the influence of smart wonks like you, but it is the truth.

I used to think this, but Trump keeps drawing people into his circle, using them up, then tossing them away, and people still keep coming. Power is a huge draw.

I def agree there

There is a feeling on the left that the technocracy of an Yglesias or Klein is missing something and I can't help but feel like Trump II has validated that feeling

I think most of the ideas in "abundance" are good, what I am skeptical of is if these ideas would solve MAGA-ism and Trumpism

Dunno, it feels way worse than that

It was a whole social feeling they captured. Hot couch guy, shitting on Ross Douthat, skull kid and MarioKart sound bytes in the opening...it is hard to describe