Sublime
An inspiration engine for ideas
🚨FRIEDBERG: "60% of middle class household's net worth is in their home. Only 10% is in owning the S&P 500, index funds, whatever in their retirement accounts.
By creating this American dream around housing and allowing the Federal government to provide loans on housing, we've increased the cost of housing and created ... See more
Autism Capital 🧩x.comBessent was hired to strengthen the dollar by doing the opposite of all the warning signs he saw in the British Pound.
Inflated housing markets, treasury yields, etc. all pointed to the big short that the Soros fund pulled off.
Bessent's obsession with the prices of homes and the interest ... See more
Derek.x.comcold-blooded need for control.
Michael B. Oren • Ally: My Journey Across the American-Israeli Divide
The Straussian Moment
gwern.net
Howard Marks just went on Bloomberg to share his views on Liberation Day.
Here are his insights on its economic impact and why he thinks US is still the best investment destination.
A thread 🧵 https://t.co/tqvDLGYwjJ
Stubborn Attachments: A Vision for a Society of Free, Prosperous, and Responsible Individuals
amazon.com
In my Far from Equilibrium Economics and Finance course, the first two articles I have my PhD students read are Friedrich von Hayek’s Economics and Knowledge (1937) and The Use of Knowledge in Society (1945) , von Hayek’s classic papers that describe a market economy as a solution to the division of knowledge problem. The third article I have them
... See moreDr. John Rutledge • How to Think About the Deficit, the National Debt, and Interest Rates
21st Century Monetary Policy: The Federal Reserve from the Great Inflation to COVID-19
The best report Benjamin Graham ever wrote?
How to handle your money.
I am sharing this 7-page masterpiece with you today: https://t.co/wUdxOsSgqU