Charles Edwards@caprioleio
The world's biggest Bitcoin miner is going bust. This is what happens when Bitcoin trades below its production cost for too long.
6:51 PM · Oct 27, 2022
683 Reposts · 3.8K Likes
Matthew Yglesias@mattyglesias
Fed rate hikes weaken the labor market but also hammer the asset prices of the very rich.
One of my pet theories is broad land use reform would, by raising equilibrium interest rates, secure the egalitarian benefit without the labor market cost.
wsj.com
The 20 Richest Tech Billionaires Have Lost Nearly Half a Trillion Dollars This Year
10:43 AM · Oct 29, 2022
6 Reposts · 117 Likes
daniel f stone 🍻@d_f_stone
"The same legislator who interrupted Bernanke in 2013 is 14 % pts more likely to interrupt Yellen in 2014, and 18 % pts less likely to interrupt Powell in 2018 than they were to interrupt Yellen in 2017."
From "Yellin' at Yellen" @JamesBisbee et al
papers.ssrn.com/sol3/papers.cf…
11:18 AM · Oct 29, 2022
25 Reposts · 62 Likes
Noah Smith 🐇🇺🇦@Noahpinion
America should punk Britain by supporting Harry and Megan as rival claimants to the throne
Phillips P. OBrien @PhillipsPOBrien
As always @MarinaHyde is spot on. The weird hatred and obsession directed at Harry and Megan is bizarre and representative of a part of Britain that seems unhinged. https://t.co/r5Nixn268a
11:52 AM · Oct 29, 2022
8 Reposts · 197 Likes
Matthew Yglesias@mattyglesias
In a nearby world: Lab leak theory was accepted early, Trump was an enthusiastic lockdown proponent to own the PRC, leftists complained he was sacrificing youth to save the elderly, and Covid was the reason for a sharp crackdown on the Floyd protests.
propublica.org
COVID-19 Origins: Investigating a “Complex and Grave Situation” Inside a Wuhan Lab
1:20 PM · Oct 29, 2022
41 Reposts · 517 Likes
Matthew Yglesias@mattyglesias
🇺🇸🇵🇱☢️—> 👍 https://t.co/V3T9lK1cnZ
Secretary Jennifer Granholm @SecGranholm
📣BIG NEWS: Poland's PM Mateusz Morawiecki just announced Poland will select the U.S. government & Westinghouse for the first part of their $40B nuclear project, creating or sustaining 100,000+ jobs for American workers. Thank you for your hard work with @ENERGY, @USAmbPoland! 1/ https://t.co/uuovszCuGy
5:24 PM · Oct 29, 2022
16 Reposts · 197 Likes
Noah Smith 🐇🇺🇦@Noahpinion
An underrated possibility is that WFH might raise fertility rates in developed countries.
Institute for Policy Research at Northwestern @IPRatNU
Working from home during the pandemic may have contributed to a "baby bump" among college-educated women, according to new research by @martha_j_bailey, Janet Currie, and @sesp_nu’s Hannes Schwandt. https://t.co/HYSlgF36K4
5:36 PM · Oct 29, 2022
18 Reposts · 172 Likes
Noah Smith 🐇🇺🇦@Noahpinion
This quote sure makes it sound like she views the blood of children as a delicacy 😳
Jason Campbell @JasonSCampbell
Lara Logan says "the open border is Satan's way of taking control of the world," adding "The ones who want us eating insects, cockroaches, and that while they dine on the blood of children...They're not going to win" https://t.co/S6W4GgbAJh
7:01 PM · Oct 29, 2022
8 Reposts · 114 Likes
Dare Obasanjo@Carnage4Life
The biggest head fake in tech this year was Sundar Pichai making a big deal about hiring freezes and Google having too many employees only to hire a record number of people in Q3.
They decided a downturn is a great time to pick up great employees getting laid off across tech.
7:37 PM · Oct 29, 2022
42 Reposts · 608 Likes
Casey Newton@CaseyNewton
Here it is: Twitter engineers were told today to *print out* their last 30 to 60 days of code, so they could show it to Elon Musk himself.
Then they were told wait, no, actually, please shred all that code you just printed out.
Subscribe to read ➡️
platformer.news/p/elon-takes-o…
10:45 PM · Oct 28, 2022
3.11K Reposts · 11.4K Likes
James Pethokoukis@JimPethokoukis
economist.com/briefing/2022/… Joe Biden attempts the biggest overhaul of America’s economy in decades from @TheEconomist
2:25 AM · Oct 30, 2022
18 Reposts · 77 Likes
rat king@MikeIsaac
Saturday Night News: Musk fired the company’s entire senior staff “for cause,” an attempt to avoid paying out tens of millions of dollars in severance packages to the former CEO, CFO, GC and head of legal
nytimes.com/2022/10/29/tec…
2:05 AM · Oct 30, 2022
1.65K Reposts · 7.26K Likes