Sublime
An inspiration engine for ideas
The idea that no one can see bubbles, as one former chairman of the Federal Reserve once announced, simply isn’t true.
Stephen A. Schwarzman • What It Takes
@VladTheInflator
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2h
A true insider, pay attention
Kalani o Māui
@MauiBoyMacro
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3h
“For me, it’s pretty clear. You have Trump who’s locked in on tariffs. You have the Fed who’s locked in on not cutting rates. That’s not good for the stock market,”
x.com • Home / X - https://x.com/home
One of the limiting and disciplining factors in prior eras had been the lack of consumer credit.
George Friedman • The Storm Before the Calm: America's Discord, the Coming Crisis of the 2020s, and the Triumph Beyond
As John Maynard Keynes said, “The market can stay irrational longer than you can stay solvent.”
Nate Silver • The Signal and the Noise: Why So Many Predictions Fail-but Some Don't
- The larger the role of government in the economy, the more the published figures for GDP growth are overstating improvements in our living standard.
Tyler Cowen • The Great Stagnation: How America Ate All The Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better: A Penguin eSpecial from Dutton
For what remains of this decade, any appreciation
Harry S. Dent Jr. • The Demographic Cliff
the world’s most visible public intellectuals today more often revive or reassert old ideas, rather than generating new ones. The result is that old zombie orthodoxies survive far longer than they should.
Geoff Mulgan • Another World Is Possible: How to Reignite Social and Political Imagination
In a 2009 article entitled “How Did Economists Get It So Wrong?” Paul Krugman wrote that “this predictive failure was the least of the field’s problems. More important was the profession’s blindness to the very possibility of catastrophic failures in a market economy.”15
Martin Ford • Rise of the Robots: Technology and the Threat of a Jobless Future
in today’s full world, with its steady-state or contracting economy, this is unrealistic. And without aggregate growth, poverty reduction requires redistribution.