Its not partisan rhetoric to say that $1 of spending cuts to poor people is a much bigger drag on growth than the possible offsetting support from $1 of tax cuts for rich people even though the budget remains flat. It's just macro mechanics.

Thursday: Trump officials fire hundreds at the National Nuclear Security Administration

Friday: moved to hire them back

“Sources told CNN the officials did not seem to know this agency oversees America’s nuclear weapons.”

www.cnn.com/2025/02/14/c...

I’ve learned a lot about business from Odd Lots but this is the first time Joe has fully shifted my view of the world. I used to think the disconnect between my kid was they’d have an internet chip in their brain, but now I think it’s going to be this.

Pretty remarkable emigration stats coming out of Hungary.

Bob Rubin: I recommend that outsiders arriving in DC recognize how much they don’t know about government & how different it can be from business. The best way to make successful transition to public sector is to do so with humility. The alternative is to have humility thrust upon you. In wsj.com

Sometimes charts remind me of being required to learn Japanese as a kid growing up in Detroit in order to prepare for the shifting world order.

In the last 30 years, almost everybody in Bangladesh gained access to basic electricity

Andressen's argument is that if people really understood govt programs like Social Security - the way that tech billionaires who don't understand govt do - they would not support them. And the billionaires will use social media to make the public understand these programs the way they do.

We mutter a lot about housing in the UK. BUT IT'S 44% MORE EXPENSIVE THAN THE OECD AVERAGE.
www.resolutionfoundation.org/publications...

I think often about this experiment at Harvard showing active learning upped test scores by 33%... but students thought they were learning more from non-active lectures

The problem: being challenged is the key to learning BUT we hate challenges, they are hard & make you realize how little you know.

This tweet is exactly what you would expect to see in a world where AI capabilities are growing fast: last year’s very hard math tests built by experts to challenge AI are already getting solved, we need much harder tests.

Feels like the background news story in the first scene of a scifi drama.

Fascinating and exciting for investors and for human society.. this is by @cjhandmer.bsky.social

“Solar is in the process of shearing off the base of the entire global industrial stack – energy..”

caseyhandmer.wordpress.com/2024/05/22/t...