herman mark schwartz
thunen.bsky.social
herman mark schwartz
@thunen.bsky.social
periodic posting on political economy issues, mostly charts, some shirts, weekly kittens. Sic semper tyrannis.
Reposted by herman mark schwartz
Anyone who accepts the job under the present circumstances is demonstrating that they're morally & intellectually unfit to hold it.
December 19, 2025 at 3:00 PM
Reposted by herman mark schwartz
They're not waiting on the Supreme Court to tell them they can ignore the clear, plain text of the 14th Amendment that everyone born in the US is a birthright citizenship. They are trying to erase the citizenship of anyone with skin darker than Stephen Miller's through administrative action alone.
“They’re denying that any of her birth certificates, which are from Laurel, Maryland, her records of immunization, medical records — they’re denying the authenticity of them. It is something I’ve never encountered.” www.huffpost.com/entry/us-cit...
Trump Administration Says Maryland Woman's Birth Certificate Is Fake In Dystopian Move
Dulce Consuelo Diaz Morales was arrested on Sunday. ICE won’t release her despite extensive documentation of her citizenship, her attorneys told HuffPost.
www.huffpost.com
December 19, 2025 at 4:13 PM
the report understates its message. With stagnant population and thus sales growth in the global north, auto industry sales growth will only come in the global south (assuming incomes rise). investment and product mix follows growth... unless you are an incumbent wedded to older tech...
"This is an under-discussed aspect of the EV transition. Why on earth would an oil-less country like Germany be so keen on sticking to the internal combustion engine?"-@giuliomattioli.bsky.social

Many countries leapfrogging & getting EVs QUICKLY. Great Ember report ember-energy.org/latest-insig...
December 19, 2025 at 4:06 PM
This man is a contender for federal reserve chair.
Much angst in the econ community about the sustainability of pensions (both funded and paygo) as of 2050 but the real potential catastrophy is right now
FOX: If you cut something by 100%, the cost goes down to 0. If you cut it by 600%, the drug companies are actually paying you

LUTNICK: What he's saying is if a drug was $100 and you bring it down to $13, it's down 7 times

F: Not a 600% cut

L: But it's 700% higher price before. It's down 700% now
December 19, 2025 at 2:01 AM
#theywantyoudead 102
Gonna be a rise in suicides bc of this. Imagine making this a core health policy issue while shutting down NIH and deprecating vaccines
December 18, 2025 at 5:30 PM
Don't worry! All those newly minted trad wives, fired, no civil rights, will take care of the children and the elderly and the coders displaced by AI can do roofing!
“The Trump administration’s policies on illegal and legal immigration would reduce the projected number of workers in the United States by 6.8 million by 2028 and by 15.7 million by 2035 and lower the annual rate of economic growth by almost one-third.”
www.forbes.com/sites/stuart...
Immigrant Labor Declines As Trump Imposes New Immigration Restrictions
Government data show a decline of 1.1 million foreign-born workers since January. New immigration restrictions will lead to a larger drop.
www.forbes.com
December 18, 2025 at 4:12 PM
@schumer.senate.gov
@kaine.senate.gov
@markwarner.bsky.social
Why are you still voting to confirm any trump nominee?
This is extraordinary, heartbreaking, and a red alert warning sign for our democracy.

These people are about to be federal judges, and they refuse to answer whether the U.S. Capitol was attacked on January 6.

They say they can't comment because it's "a political controversy".
Sen. BLUMENTHAL: Was the U.S. Capitol attacked on January 6, 2021?

Trump nominee: *dodges*

Trump nominee: *dodges*

Trump nominee: Well, individuals entered the Capitol.

Blumenthal: You are in fear—how will you have the courage to be fair and impartial?
December 18, 2025 at 3:55 PM
@schumer.senate.gov @kaine.senate.gov @markwarner.bsky.social @hakeem-jeffries.bsky.social
Taps the sign, I mean, points to the very last item and the very top item and asks why you keep confirming Trump appointees and passing bills like NDAA
December 18, 2025 at 1:21 PM
Area Studies Centers at UNC shuttered due to insufficient "return on investment," unclear "metrics of success," and non-alignment with the chancellor's "priorities."

One day (soon), we will look back on the miracle of the public research university and will scarcely believe that it ever existed.
What a time to decide to learn less about the world.

dailytarheel.com/article/univ...
December 18, 2025 at 11:13 AM
If you’re hoping to retire, or maybe save up a down payment, well, it’s going to be a rocky few years until (if?) the regulatory state is restored ( @schumer.senate.gov try anyway!)
For those who don’t know, McBride is not some bomb throwing catastrophist. If anything, the reverse.
The next financial crisis is coming ...
www.calculatedriskblog.com/2025/11/the-...
"The key to preventing a financial crisis is to keep the non-regulated (or poorly regulated) areas of finance out of the financial system."
December 18, 2025 at 12:47 AM
Gonna have to go to my latin-english dictionary to get a translation for “veritas.” Oh yeah, there it is, definitions 5 & 6: “cover up” “repression”
Harvard officials are reportedly secretly investigating two students for their roles in drawing scrutiny to the relationship between Jeffrey Epstein and ex-president Larry Summers
Harvard Secretly Investigates Students Over Larry Summers Video on Epstein
www.nytimes.com
December 17, 2025 at 5:20 PM
Reposted by herman mark schwartz
Justice Sotomayor called it in her dissent: "Orders the Navy's Seal Team 6 to assassinate a political rival? Immune. Organizes a military coup to hold onto power? Immune. Takes a bribe in exchange for a pardon? Immune.... In every use of official power, the President is now a king above the law."
NEW: U.S. Military Willing to Attack “Designated Terrorist Organizations” Within America, General Says

“That is one of the concerns with the administration asserting that the President essentially has a license to kill outside the law,” says expert.

theintercept.com/2025/12/16/t...
U.S. Military Willing to Attack “Designated Terrorist Organizations” Within America, General Says
“If I had no concerns and I was confident in the lawful order, I would definitely execute that order.”
theintercept.com
December 16, 2025 at 10:24 PM
Makes sense, employment is flat or falling off the edge, renewables deployment is flattening, car sales Including ICE vehicles are flat, home construction is flattening, it all makes sense, harmony in the universe. Biggest flat ever!
December 16, 2025 at 8:21 PM
Making America Great Again for capitalists worried about the consequences of full employment
The US is losing blue-collar jobs for the first time since the pandemic—year-on-year job losses have hit 65k as manufacturing, transportation, & mining industries lose jobs at a rapid pace while growth in construction has nearly zeroed out
December 16, 2025 at 5:57 PM
Notwithstanding, this is one actual use case for AI, unlike the chat crap.
The word "game" is doing a whole lot of work in this post marginalrevolution.com/marginalrevo...
December 16, 2025 at 5:55 PM
One more time pointing to the sign that says immigrants are the construction work force. Moreover it's Biden era apartment construction that is letting tents in some markets
Vance: "Why have rents gone down for 4 consecutive months? Because we're starting to get those illegal aliens out of the USA. Those criminals, those gang members, those people that are taking homes that ought by right go the people in this room. It's simple economics."
December 16, 2025 at 5:45 PM
#empiresuicidewatch 96
Ending roughly a century of state organized scientific progress.
Well, this is an utter disaster for science.

This gutting of peer review is very likely driven by Project 2025/OMB/Vought, very likely is about funding junk science, and very likely is coming for #NIH and biomedical research next.
🧪
December 16, 2025 at 1:10 PM
Self-dealing rather different from the behavior of the trustees in the late 1970s/early1980s who put their own money up to rebuild the Graduate School (what most folks think of as the New School) to something close to its former level of European emigre-staffed glory. real moral decay.
Newest memo demonstrating the claims of financial exigency can‘t be taken seriously

drive.google.com/file/u/1/d/1...
December 15, 2025 at 10:21 PM
Reposted by herman mark schwartz
This remains one of the most important articles to understand what is happening to higher ed. Open access! academic.oup.com/ser/article/...
December 15, 2025 at 1:52 AM
Reposted by herman mark schwartz
This is a real European Commission document, obtained via the right of access to documents. It instructs staff with management responsibilities to use AI to draft documents and formulate speaking points.

Whatever you think of technocracy, soon there'll be little 𝘵𝘦𝘬𝘩𝘯𝘦 (skill) left in Brussels.
Bringing the disruption to Brussels: The European Commission encourages its managers to draft policy-making documents with AI, including "explaining/summarising legislative initiatives". According to a newly released Commission document, this will "boost your team's productivity". 🫢
December 15, 2025 at 12:54 PM
Reposted by herman mark schwartz
ICE PEPPER SPRAYED A ONE-YEAR-OLD because her mother was filming them.
ICE pepper-sprayed this 1-year-old girl.

Once at the hospital, the doctor had to call in a poison control specialist.

They had never seen anyone that young pepper sprayed.

Another horrific story.

More details below.
December 15, 2025 at 1:02 AM
In today’s edition of “Maybe the problem is in America’s really messed up nontradable sectors.” www.nytimes.com/2025/12/10/o...
December 14, 2025 at 11:52 PM
Reposted by herman mark schwartz
instead, one way to understand the antivax movement is as a red herring to distract from the financial inconveniences of environmental causes.
There is an alternate universe in which RFK Jr. is at least somewhat serious about his beliefs, and so redirects some health research spending to things like this.

Sadly, however …
Scientists Thought Parkinson’s Was in Our Genes. It Might Be in the Water
New ideas about chronic illness could revolutionize treatment, if we take the research seriously.
www.wired.com
December 11, 2025 at 12:26 AM
Reposted by herman mark schwartz
Tapping the sign again.
December 14, 2025 at 6:36 PM
@mtgillikin.bsky.social @dem8z.bsky.social
share of middle class families (defined roughly as $30k-$153k) that can afford basic necessities in 160 US metro areas
source: www.brookings.edu/articles/in-...
December 14, 2025 at 8:34 PM