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Economist and Nobel laureate. Wrote a New York Times column for 25 years until December 2024 and now publishes several times a week on Substack.

• Economic Size and Economic Power

  My talk at the European Central Bank

  interest ratesEuropeRelated

Writer of kottke.org, one of the oldest blogs on the web, published since 1998 and supported by its members. He writes about art, technology, science, design and visual culture.

• Mastodon“The clan of predators currently in charge of the U.S. federal government” are striving to make the world safe for grift, corruption, and theft, with their mob boss president leading the way.

  theatlantic.com

  AmericagovernmentRelated

• Bluesky“The clan of predators currently in charge of the U.S. federal government” are striving to make the world safe for grift, corruption, and theft, with their mob boss president leading the way.

  theatlantic.com

  AmericagovernmentRelated

• Blog“The clan of predators currently in charge of the U.S....

  deral government” are striving to make the world safe for grift, corruption, and theft, with their mob boss president leading the way.

  AmericagovernmentRelated

President of the United States, the 45th from 2017 to 2021 and, as of 2026, the 47th; before politics a New York property developer who ran the Trump Organization, and the host of The Apprentice from 2004 to 2015.

• I am proud to announce that, effective immediately, I am banning Fake News CNN, MSNOW (who recently changed their name from MSNBC due to lack of viewership and credibility!), and Politico (The recipients of an illegal and ridiculous $8 Million Dollar subscription, an All Time Record, directly from the United States Government, under Crooked Joe Biden, in order to keep them “alive.” Seems like corruption to me!), from the White House as a result of their constant “reporting” FAKE NEWS! Media Outlets shouldn’t be able to constantly write or report FICTION and LIES when they’re covering the Pres…

  AmericagovernmentRelated

Founder and CEO of Social Capital, a venture firm; co-host of the All-In podcast and an early Facebook executive. Writes an annual letter and a weekly newsletter on markets and technology.

• Nick Shirley: Exposing Government Fraud, Suing California & Taking on the Media

  governmentRelated

Founder of the Free Software Movement and the GNU Project, original author of GNU Emacs and the GNU General Public License, and long-time president of the Free Software Foundation.

• https://stallman.org/glossary.html#bully https://civicshout.com/p/media-must-cover-trump-s-welker-attack-as-authoritarianism-2 US citizens: call on the media to stop covering the bully's attacks on journalists as outbursts and start covering them as deliberate, escalating attempts to use government power to silence the press.

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Writer of Today in Tabs, a daily media-and-internet newsletter started in 2013; earlier founded the community site Kuro5hin.

• The United States’s failed government is a global risk and the world ought to do something about it.

  AmericagovernmentRelated

Systems and developer-tools engineer at Cloudflare as of 2026, on durable infrastructure for AI agents; worked on React and PartyKit before that. Writes at sunilpai.dev.

• unstable government: jev + claude type a terrible law. claude invents reactions and directs the set pieces. jev decides how each of 40 citizens responds. the town sim plays those choices out, then prints the disaster as tomorrow’s front page. fun.

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Co-founder, chairman and chief investment officer of Ritholtz Wealth Management. Hosts the Masters in Business podcast for Bloomberg and wrote How NOT to Invest.

• 10 Thursday AM Reads

  My morning reads: • Here’s Who Trump Should Blame for the Rate Hike He’s Raging About:He promised lower prices and lower interest rates. His policies delivered renewed inflation and a rate hike. (The Bulwark) • Gas Pric…

  inflationinterest ratesRelated

General partner at Benchmark Capital for over two decades; was the lead analyst on Amazon's IPO before moving into venture capital. Writes Above the Crowd on tech and marketplace economics.

• Another great point from @jason. The large closed model corporations have publically admitted their products are defective & can be used to hack/cause cyber crimes. They should 1) fix these issues, & 2) disclose these large (seemingly likely) liabilities in their S-1.
  Quoting@JasonThe frontier model companies are responsible for how their products perform in the real world, and their customers are responsible for how they use them. If a user of Claude runs a cyberattack — especially one at scale — both the customer and the platform will be sued. This should be enough of an i…

  Related

Former options market maker who writes Moontower, a newsletter on trading, volatility, decision-making and how to think about risk outside markets too.

• Interest rates are 0, no dividends, stock is at $100. Assume 1 year to expiration. What is the maximum fair-value of the $100-strike straddle? If the straddle trades at its max value, what is the straddle’s delta?

  interest ratesRelated

• Moontower trade prospecting ahead of the Fed meeting

  moontower.substack.com

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Theoretical physicist and philosopher, Homewood Professor of Natural Philosophy at Johns Hopkins and fractal faculty at the Santa Fe Institute. Writes the Preposterous Universe blog and hosts the Mindscape podcast.

• Check whether you are registered to vote. You can play a role in preserving our centuries-old institution of government by and for the people! How exciting is that.
  Quoting@barackobama.bsky.socialThe right to vote is one of the most fundamental parts of our democracy. Check your voter registration at IWillVote.com and make a plan to vote early or on Election Day on November 3.

  governmentRelated

Professor of economics at George Mason University and Bartley J. Madden Chair at the Mercatus Center. Co-writes the blog Marginal Revolution and co-authors the textbook Modern Principles of Economics with Tyler Cowen.

• Imagine the Department of War tweeting "Utilitarians in shambles! Kantians on the run!" No philosophy has ever mattered enough to be attacked by the government. Until EA. Amazing success.
  Quoting@DoWCTOEffective altruists in shambles. 🇺🇸

  governmentRelated

Security technologist and author of books including Applied Cryptography and Data and Goliath; writes the Schneier on Security blog and the monthly Crypto-Gram newsletter.

• 25 Years of Mass Surveillance Is Enough

  This essay was written with Cindy Cohn, and originally appeared in Lawfare. One of the many legacies of the terrorist attacks of Sept. 11 is the government-wide shift from targeted surveillance—such as individual wireta…

  governmentRelated

Essayist, journalist and independent researcher on Chinese politics, strategy and cultural history; author of the blog The Scholar's Stage.

• With all respect to Chris, who has done much great work in this area, I do not agree. A Global Times “quick take” editorial is not the sort of government communique that “clearly and unmistakably” communicates anything. Between them the PRC government and the CPC have many organs and forums more authoritative than this, all better suited for drawing lines in the sand. A GT editorial should not be dismissed, but it is worth asking—if Xi’s mind was made up on the matter, why he would choose *this* uncertain venue to make point? Were I to sift the tea leaves, I would say this: to me this looks l…
  Quoting@ChrisRMcGuireThe Chinese government has now clearly and unmistakably rejected serious collaboration with the United States on AI safety. This was a predictable development. It is also a clarifying moment for the importance of U.S. export controls on AI chips and other technologies, which are now indisputably a…

  governmentRelated

Creator of Homebrew, the macOS package manager, and a Swift developer.

• CEOs at companies with shareholders can NOT make decisions that may lead to outcomes that are negative for the company’s bottom line. Hence even though it seems bizarre they are asking the government to force them into decisions that are negative for the company’s income.
  Quoting@walterkirnThe AI CEOs are free to hobble or scuttle their own products if they feel they're so dangerous. They don't need the gov't. They don't need legislation.

  governmentRelated

Writer on the intersection of technology and finance. Author of the Bits about Money newsletter and host of the Complex Systems podcast; previously at Stripe.

• I feel like the extent of the government/NGO Internet censorship apparatus is extensively underrated by people interested in AI safety, in particular how it pattern matches to calls for neutral third parties to people of the political persuasion who were targets of the censorship

  AI alignmentgovernmentRelated

Economist; former chief economist of the International Monetary Fund.

• Let me stay away from personal remarks. As you kindly invited me to do so, I am happy to continue our exchange. Let me start by reproducing and then commenting on three remarks you make in your two recent tweets. “I know full well what justified the use of OATi in 1998, namely a lower interest rate since the investor takes on less risk. Except that today, with the international context and climate disruption making prices more volatile, the cost of these indexed bonds is rising.” My humble view: More volatile inflation makes inflation protected bonds more, not less attractive. “As such, I sta…
  Quoting@ericcoquerelPas de souci pour échanger des arguments avec vous @ojblanchard1 mais un tout petit peu moins de condescendance dans l’échange ne serait pas de trop 🔽. Le résultat des politiques économiques que vous avez soutenues depuis des années devrait, je pense, vous amener à un peu plus d’humilité. Je sais…

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Economist; former chief economist of the International Monetary Fund.

• i was going to write something, but Quentin beat me to it... Let me put it another way, so that Chairman Coquerel @ericcoquerel understands and corrects his statement. When a state issues nominal bonds (bonds that pay in euros), the real value of interest payments varies with inflation, creating risk for investors. So they require a higher interest rate to compensate for the risk. In issuing inflation protected bonds, the state eliminates the risk and thus is able to get a lower rate. This decreases the burden of the debt. This is good. Always happy to help the Chair of the Finance Committee…
  Quoting@QuentinVandewe2Est-ce que LFI organise un concours Lépine pour la théorie du complot la plus idiote sur la dette ? Après la Banque de France qui revendrait la dette en secret, Mélenchon découvre que l'État « vient de proposer de nouveau des titres indexés sur le capital et des intérêts compensant l'inflation ». U…

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Co-founder and chief investment officer of Cambria Investment Management. He has written several books on quantitative asset allocation, blogs at Meb Faber Research and hosts The Meb Faber Show.

• .@RobinWigg on the dark matter of finance: "Repo in the US is like a $12 trillion market that nobody really knows about and understands." "Even monetary economists I know who spend their life on this say that anybody spends too much time looking at short term overnight interest rates goes a little bit mad eventually." "You can't always see it. Most people ignore it, but it actually explains the motion of celestial bodies to a huge degree." Listen: https://t.co/Ui5tjyavjZ Watch:

  youtu.be

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Co-founder of AngelList. Writes and podcasts at nav.al in short, aphoristic pieces on startups, wealth and judgement rather than long essays.

• AI isn’t going away. Barring unprecedented global government coordination, it isn’t even slowing down. The only real decision is whether to centralize power, or disperse it. Do you fear the technology? Or a small number of people controlling the technology?

  governmentRelated

Dutch bootstrapper who builds and runs their internet startups alone — Nomads.com, Remote OK, Hoodmaps, Photo AI and Interior AI — and has written about it at levels.io since 2013. Posts as @levelsio.

• Rockefeller used the government to block rivals a century ago

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Economist; former chief economist of the International Monetary Fund.

• Good question, even if framed too aggressively. But the answer is no. During QE, given the zero lower bound that prevented further decreases in policy rates, the ECB bought long maturity national bonds, including those of France, so as to decrease long-term interest rates and help countries, including France. Now, as we are away from the lower bound, there are few reasons to keep as many of them. As these are sold (or not rolled over at maturity) through QT, this indeed likely increases long rates a bit and makes it harder for France to adjust. If selling these bonds turns out to be strongly…
  Quoting@RobianoAntoineLe raisonnement paraît juste mais - L'annulation de la dette détenue retirerait à la BCE l'une de ces nombreuses sources de pouvoir exorbitant, celui de revendre des titres de dette publique d'un Etat pour contraindre politiquement ce dernier ?

  interest ratesRelated

Founded Bridgewater Associates in 1975 and led it until stepping back from control in 2022. Author of Principles, The Changing World Order and How Countries Go Broke; publishes economic analysis at economicprinciples.org.

• This happens as long-term rates rise relative to short-term rates. Though they try to hold short rates down, long rates are climbing, a trend we are already seeing. We are also seeing a weakening dollar and movements in gold. As rates rise, it starts to affect the stock market. With bonds dropping and stocks rising, the prospective returns of stocks are now low compared to bonds, translating into broader stock market pressure. This classic dynamic creates a stagflationary environment that the Federal Reserve struggles to manage. With current stagflation, the Fed wrestles with whether to tight…

  interest ratesRelated

Director of institutional asset management at Ritholtz Wealth Management. Writes the A Wealth of Common Sense blog and co-hosts the Animal Spirits podcast with Michael Batnick.

• In the 2010s we were told ultra low interest rates would lead to a financial crisis (didn't happen) Now we are told that higher interest rates will also lead to a financial crisis I think some ppl really want to say they called the next financial crisis

  interest ratesRelated

Professor of finance at NYU's Stern School of Business, known for his work on valuation. He publishes his data, spreadsheets and classes free at Damodaran Online and writes the Musings on Markets blog.

• On a trading day when interest rates are moving markets, I look at rising rates in 2026, hazard a guess as to why they are rising, and make a stab at explaining the resilience of equities in the face of rising rates, with nary a mention of the Fed.

  bit.ly

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Co-founder and chief investment officer of Cambria Investment Management. He has written several books on quantitative asset allocation, blogs at Meb Faber Research and hosts The Meb Faber Show.

• .@AB_insights Inigo Fraser Jenkins on why 60/40's diversification is broken: “If we're talking about long duration government bonds, I think it's likely they will not perform the diversifying role that they've performed historically.” “This post 2022 experience of a positive correlation of stock and bond returns actually looks more normal.” Listen: https://t.co/mfnaUo1DNT Watch:

  youtube.com

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Co-founder of Foundry Group and of Techstars. Has blogged at Feld Thoughts since 2004 and has written or co-written nine non-fiction books on startups and venture capital.

• Chapter 44: Same Hour Want to see what your hospital is told when its machines stop taking updates? Oh, and what the Fed said that same hour... "Is that a coincidence" "Different thing. That's money. Ours is a signature check on a firmware package."

  zeroknowledge.ink

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Mathematical physicist at UC Riverside. Wrote This Week's Finds in Mathematical Physics and now the Azimuth blog on mathematics, physics and environmental science.

• Did you hear about the UK government report on ecosystem collapse? It was created not only by the environment department but also intelligence agencies like MI5 and MI6. Reporters were invited to see the unveiling of this report in October 2025 - but at the last minute the Prime Minister blocked it! Luckily the Greens forced the release of a 14-page redacted version. 𝗧𝗵𝗲 𝗸𝗲𝘆 𝗷𝘂𝗱𝗴𝗲𝗺𝗲𝗻𝘁: 𝗶𝘁 𝗮𝘀𝘀𝗲𝘀𝘀𝗲𝘀 𝘄𝗶𝘁𝗵 𝗵𝗶𝗴𝗵 𝗰𝗼𝗻𝗳𝗶𝗱𝗲𝗻𝗰𝗲 𝘁𝗵𝗮𝘁 𝗲𝘃𝗲𝗿𝘆 𝗰𝗿𝗶𝘁𝗶𝗰𝗮𝗹 𝗲𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺 𝗶𝘀 𝗼𝗻 𝗮 𝗽𝗮𝘁𝗵𝘄𝗮𝘆 𝘁𝗼 𝗰𝗼𝗹𝗹𝗮𝗽𝘀𝗲 - 𝗶𝗿𝗿𝗲𝘃𝗲𝗿𝘀𝗶𝗯𝗹𝗲 �…

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Mathematical biologist; Senior Lecturer in the Department of Mathematical Sciences at the University of Bath and author of The Maths of Life and Death and How to Expect the Unexpected.

• x.com"As National Statistician, Andre will lead the wider UK statistical system, providing advice to the government on statistical matters." What else would you have a national statistician do?

  gov.uk

  governmentRelated

• Bluesky"As National Statistician, Andre will lead the wider UK statistical system, providing advice to the government on statistical matters." What else would you have a national statistician do?

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Co-founder of AQR Capital Management; quantitative investor and writer.

• Remember back in 2009 when the radical republicans were the ones calling for much smaller government? Yeah, me neither. But I think they were called fascists for that too.

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Economics professor at the University of California, Berkeley and a former Deputy Assistant Secretary of the US Treasury. Author of Slouching Towards Utopia and writer of the Grasping Reality newsletter.

• Interest Rate-Hike Expectations: CHART OF THE DAY

  Expected short-term interest rates in 2028 are one percentage-point higher than they would have been otherwise because of Trump’s war on Iran. Is that a big shift or a small one?

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Economist; Ronald A. Kurtz Professor of Entrepreneurship at MIT Sloan, former chief economist of the International Monetary Fund, and co-author of 13 Bankers and Power and Progress.

• What is the Bond Market Saying? https://t.co/4U5yklL8mh via @YouTube it is telling the Fed to raise short-term interest rates, to bring inflation down… but the White House has a different (and entirely wrong) theory of the case

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Programmer and writer; co-founder of Stack Overflow and Discourse, and author of the Coding Horror blog, which he has written since 2004.

• "Multiple people now literally have the wealth of nations, or at least that of large government agencies. No wonder public policy is in shambles."

  governmentRelated

Economist; Ronald A. Kurtz Professor of Entrepreneurship at MIT Sloan, former chief economist of the International Monetary Fund, and co-author of 13 Bankers and Power and Progress.

• Does the Fed Have Inflation Under Control? - Power and Consequences Epis... https://t.co/XFIu9fefNJ via @YouTube Don’t expect the Fed to raise short-term rates in September. The bond market on the other hand…

  inflationinterest ratesRelated

Economist; former chief economist of the International Monetary Fund.

• Separate and interesting discussion. True, the ECB (BDF) is slowly reducing its holdings of sovereign bonds, including French bonds (this is called QT, quantitative tightening). By selling those bonds, it decreases their price (not very much, but a bit) and thus increases the interest rate paid by the governments of the euro zone. This indeed makes things a bit harder for the government, who now pay more on their debt. Is the ECB doing this to spite governments, or to induce them to adjust? Emphatically not. It is doing this because it wants to reduce reserves (which is what happens when it s…
  Quoting@StefPalomba@ojblanchard1 1/ la BdF fait partie de l’Etat donc 2/ l’histoire ne tient pas sauf à imaginer que Pierre soit le gouv, 3/ si Paul, dont ce n’est pas le rôle, veut contrer la politique de Pierre, il remet les titres sur le marché, le taux d’intérêt grimpe, 4/ congeler a donc du sens pour Pierre

  interest ratesgovernmentRelated

FreeBSD developer and former FreeBSD Security Officer; founder of the Tarsnap online backup service and author of the scrypt key derivation function.

• I'm confused. Isn't the Speaker of the House of Representatives literally the most senior member of that particular branch of the US government? Who exactly is "upstairs" to him?
  Quoting@RepThomasMassieI predicted they’d call off Congress until the election to stop our new Epstein bill. Johnson said on TV that was “stupid” and “nonsensical.” But then he got a call from “upstairs” and canceled Congress from the middle of September until the election.

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Economist; former chief economist of the International Monetary Fund.

• Repetition, I am afraid, is the key to convincing.... So let me repeat (Reaction to comments about Greece and the like. ) The argument that the cancelling of the public debt by the central bank has either zero or a negative effect, the argument that I have made this week, is not an argument about debt cancellation in general. Debt (partial or full) cancellation (or restructuring, or reprofiling) of the debt held by investors is a whole different ballgame. It has big real effects. It decreases the interest rate charge, but makes it harder to issue more debt: Creditors, who just lost money, are…

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Prime Minister of the United Kingdom since July 2026 and leader of the Labour Party. MP for Makerfield since a by-election in June 2026; Mayor of Greater Manchester from 2017 before that.

• This is the Britain I want us to build: government providing the foundations, local leaders providing the plan, and businesses providing the investment, jobs and opportunities. All working towards that same goal: good growth in every postcode.

  thetimes.com

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General partner at Andreessen Horowitz from 2013 to 2018 and CTO of Coinbase from 2018 to 2019; co-founder of Counsyl and Earn.com. Wrote The Network State (2022), free in full at thenetworkstate.com, and founded the Network School.

• Network School Kazakhstan is now officially open, with a packed crowd for the ribbon cutting, and government officials welcoming us. Kazakhstan is a high-tech country that recently ranked #1 in the International Physics Olympiads. It’s full of confident, smart, young people. And it’s now recruiting global talent from around the world. So: if you want to build a techno-optimist community in a techno-optimist country, join us at https://t.co/bOBW6x8JVs.
  Quoting@SuperteamKZNetwork School has officially launched in Kazakhstan 🇰🇿 On September 2, Superteam Kazakhstan co-hosted the official launch of @ns Kazakhstan at https://t.co/0i1oGJtuLS alongside the Ministry of AI and Digital Development and @AstanaHub.

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Statistician at Columbia; writes Statistical Modeling, Causal Inference, and Social Science, and wrote Bayesian Data Analysis.

• Update on U.S. government’s Soviet-style push for “gold standard science”

  We had a discussion last year: I got this email the other day from a journalist at a major news organization: I’m a science reporter from **, wondering if you’d have some time to talk/reflect on the Trump administration…

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Economist at the Hoover Institution; wrote The Fiscal Theory of the Price Level and blogs as The Grumpy Economist.

• Reasons to Lower Rates

  Is there a coherent story in which the Fed should lower interest rates now?

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Economist; writes In My Tribe, and wrote The Three Languages of Politics.

• Economics Links, 9/3/2026

  The WSJ on mortgage defaults; A committee to advise the Fed on inflation; Andreas Steno Larsen on the rickety market for long-term U.S. bonds; Gad Levanon on unemployment among young college grads

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Writer of the 25iq blog, where he distils "a dozen things I've learned" from investors, founders and thinkers. Author of Charlie Munger: The Complete Investor and A Dozen Lessons for Entrepreneurs.

• “Interest rates are to asset prices what gravity is to the apple. When there are low interest rates, there is a very low gravitational pull on asset prices.” Warren Buffett "Yields and prices move inversely to one another" said the tooth fairy 🧚 in a prepared statement.

  interest ratesRelated

Investment researcher and engineer who runs Lyn Alden Investment Strategy, writing on macroeconomics, currency systems and equity analysis.

• Someone dug this old gem up, so I checked the resulting outcome, 6+ years later. The moral of the story is don't buy Clorox for 30x earnings and don't lend money to the government for a 0.6% yield. If you do, you're gonna have a bad time.
  Quoting@LynAldenContactClorox $CLX trades at nearly 30 times earnings and grows at a low single-digit growth rate per year. Dividend yield is 2.2%. Question: Would you rather buy and hold that for the next ten years, or a 10-year Treasury note yielding 0.6%?

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Investment researcher and engineer who runs Lyn Alden Investment Strategy, writing on macroeconomics, currency systems and equity analysis.

• “The Fed needs clear market signals, as unfiltered as possible.” -Kevin Warsh, while Scott Bessent is running around doing Treasury interventions

  interest ratesRelated

Writer on the intersection of technology and finance. Author of the Bits about Money newsletter and host of the Complex Systems podcast; previously at Stripe.

• Complex Systems this week is with @max_spero_ of Pangram, discussing detecting AI-produced outputs, the social implications of those hitting various adversarial touchpoints in government and elsewhere, and a bit of how Pangram works under the hood.

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Partner at Collaborative Fund and author of The Psychology of Money, Same As Ever and The Art of Spending Money. Writes essays on investor behavior and posts frequently on X.

• The Psychology of Money Podcast: Household debt/GDP has plunged at the same time Government debt/GDP surged. On net, we're about where we were 20 years ago.

  governmentRelated

Journalist; wrote We Are Eating the Earth on food and climate, and writes the newsletter Emissions.

• Reflecting on the Reflecting Pool, and Whether Our Government Can Manage a Two-Car Funeral

  Corruption, weaponization, and politicization are all bad. But don't forget incompetence!

  governmentRelated

Zurich-based value investor who ran the Aquamarine Fund from 1997 to 2025 and wrote The Education of a Value Investor. He hosts the VALUEx gathering in Klosters and publishes a podcast and newsletter.

• A government confident it's policy should be able to answer basic questions: is Norway opposing settlements—or making Jewish presence itself the test? The Deputy Foreign Minister’s refusal to answer says it all. Thank you @HausdorffMedia, @akravik79 you are an amateur
  Quoting@HausdorffMediaA concerning conversation with the Deputy Foreign Minister of Norway Andreas Kravik @akravik79, about Norway’s proposed trade ban singling out Jews. He wouldn’t answer the direct question about whether Jewish-run businesses employing local Arabs would be exempt, but he was clear that the intention…

  governmentRelated

Economist at the Hoover Institution; wrote The Fiscal Theory of the Price Level and blogs as The Grumpy Economist.

• French Fables

  An interesting brouhaha has broken out in France, lately famous for reinvigorating the idea of wealth taxes: The French government should default on (“annul” “cancel” — the left is great at euphemisms) its debt held by…

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Security researcher; founded Have I Been Pwned, and writes and speaks about data breaches.

• MastodonWe're very happy to welcome our 48th government CERT to @haveibeenpwned - Sri Lanka!

  troyhunt.com

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• BlogWelcoming the Sri Lankan Government to Have I Been Pwned

  Today, we welcome the 48th government onboarded to Have I Been Pwned’s free gov service: Sri Lanka. Sri Lanka CERT now has access to monitor Sri Lankan government domains against the data in HIBP, helping identify expos…

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Economist at the Hoover Institution; wrote The Fiscal Theory of the Price Level and blogs as The Grumpy Economist.

• Interest Rate Surge?

  US long term interest rates are surging.

  interest ratesRelated

Indian software engineer and co-founder of Skcript; builds web apps and writes at varunraj.in.

• Long power cuts on every alternative days, What is @TANGEDCO_Offcl doing? That too after a recent power cable change for the entire street. TNEB scam is still hapening in @TVKPartyHQ government?

  governmentRelated

Indian value investor who taught Behavioural Finance and Business Valuation as an adjunct professor at MDI Gurgaon. He writes the Fundoo Professor blog about investing, moats and mental models.

• I asked Claude Fable 5: "How vulnerable is the business model of XYZ (name concealed)? I am referring to competitive attacks from China and dependence, if any, on government policy incentives, etc. There have been so many solar energy and wind energy bubbles in the past, and I have kept away from these companies. Am I being too cautious?

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Writer and creator of Daring Fireball, a long-running blog about Apple and technology; co-created Markdown and hosts The Talk Show.

• I do not see the conflict between the view that the App Store review system is failing and the view that it's not the government's business to intervene. Allowing failing systems to fail is how market forces work. https://mstdn.social/@MisterMoo/117055553250281116#.

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Staff writer at The New Yorker, where he writes the Infinite Scroll column, and author of Filterworld and The Longing for Less.

• While real estate prices crash in the rest of the city due to mass government layoffs and Trump’s punitive treatment of DC
  Quoting@Curious_KurzWashington D.C. is America’s Next Billionaire Boomtown In my first story for @WSJ, I explore how cabinet officials and tech moguls are snapping up trophy properties, pushing the area’s luxury housing market to new highs Read here:

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China economy researcher based in Beijing who writes on his personal blog about Chinese political economy, history, books and music.

• Li Daokui's comments are important because there are so few domestic voices in China stating what (I think) is the obvious truth about the economy: the main problem is that aggregate demand is weak, growth is running below potential and macro policies are inappropriate. This is not a novel, original or unusual insight: it's what lots of people (myself and others) have been saying for years, and is also in the most recent of the much-maligned IMF reports on China. But it runs directly contrary to the official government diagnosis which is that aggregate demand is fine and the economy mainly su…

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Economist at the Hoover Institution; wrote The Fiscal Theory of the Price Level and blogs as The Grumpy Economist.

• Raise rates? Warsh's conundrums

  Inflation is stubbornly high, and the Fed mulls whether to raise rates.

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Security researcher; founded Have I Been Pwned, and writes and speaks about data breaches.

• MastodonWe're very happy to welcome the 47th government to @haveibeenpwned, Nepal! Their National Cyber Security Centre now has free access to breach intelligence data affecting all their gov domains:

  troyhunt.com

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• BlogWelcoming the Nepalese Government to Have I Been Pwned

  Today, we welcome the 47th government onboarded to Have I Been Pwned’s free gov service: Nepal. Their National Cyber Security Centre now has access to monitor Nepalese government domains against the data in HIBP. This g…

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Indian software engineer and co-founder of Skcript; builds web apps and writes at varunraj.in.

• Looks like Bangalore's Metro website is built on @nextjs and running in Dev Mode. Sourcemap is exposed and I can see the dev loader at the bottom. I wonder which agency is doing this, the city is flooded with talent yet the government gave the project to someone who messed up.

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Co-founder and head of policy at Anthropic; writes Import AI, a weekly newsletter reading the week's AI research, and was OpenAI's policy director before that.

• Import AI 465: Open vs closed gaps; Kimi K3; Demis’ big policy plan

  Welcome to Import AI, a newsletter about AI research. Import AI runs on arXiv, cappuccinos, and feedback from readers. If you’d like to support this, please subscribe. Subscribe now UK government: Gap between open and c…

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Labour politician. Prime Minister of the United Kingdom from July 2024 to June 2026, and MP for Holborn and St Pancras from 2015 until standing down in 2026. Director of Public Prosecutions before entering Parliament.

• I am proud of everything we have achieved together. To everyone who has supported this Labour government: thank you.

  governmentRelated

Labour politician. Prime Minister of the United Kingdom from July 2024 to June 2026, and MP for Holborn and St Pancras from 2015 until standing down in 2026. Director of Public Prosecutions before entering Parliament.

• I have made it my mission to give a voice to those who were ignored for too long. I promised that my government would deliver the Hillsborough Law. I’m proud that today we’re making good on that promise.

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Investor and writer. Previously a partner at Andreessen Horowitz and a product leader at Twitter, Facebook, Snap and Microsoft. Writes essays and memos at sriramk.com.

• Back to writing

  I’m going to make a commitment to writing often here, perhaps as often as once a day. There are a few contributing factors here. First, I’m out of government and can speak more freely. Though at no time did anyone ever…

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Economist at the Hoover Institution; wrote The Fiscal Theory of the Price Level and blogs as The Grumpy Economist.

• Warsh's Challenges, Financial Regulation

  I wrote two opeds on the future of the Fed for the Washington Post. Full text of the first one, focusing on monetary policy, in my previous post here. The second focusing on financial regulation is joint with Amit Seru.

  interest ratesAmericaRelated

Guardian columnist and environmental campaigner; wrote Feral and Regenesis, and argues for rewilding and against the food system as it is.

• In Deep

  The numbers are simply mind-blowing: up to £264 billion for a climate “solution” that will increase emissions. Has the government lost its mind? By George Monbiot, published in the Guardian 8th July 2026 The new prime m…

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Labour politician. Prime Minister of the United Kingdom from July 2024 to June 2026, and MP for Holborn and St Pancras from 2015 until standing down in 2026. Director of Public Prosecutions before entering Parliament.

• I promised that we would fix our NHS, so it’s fit for the future. Today, more patients are reporting improved experiences with their GP, dentist, and pharmacist since we’ve been in government. Delivering real change to people across the country.

  governmentRelated

JavaScript programmer; creator of the jQuery library, author of Secrets of the JavaScript Ninja, and long-time engineer at Khan Academy.

• The Washington Monument on the Potomac River, Kawase Hasui, 1935 - depicting the cherry trees that were a gift from the Japanese government and planted in 1912.

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Technology journalist; writes Understanding AI, after reporting at Ars Technica, Vox and the Washington Post.

• The US now has a de facto model licensing system

  OpenAI’s latest model, GPT-5.6, is waiting for government approval.

  OpenAIgovernmentRelated

Lawyer and everyday-carry gear reviewer who publishes scored knife, flashlight and multitool reviews at Everyday Commentary.

• Knives and Kids

  So I thought now that I do a little politics on the site by covering government issues that impact knives, I would wade into another controversial topic—parenting. I have two boys, one is 15 and the other is 10. Both ha…

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Security technologist and author of books including Applied Cryptography and Data and Goliath; writes the Schneier on Security blog and the monthly Crypto-Gram newsletter.

• AI Use by the US Government

  schneier.com

  governmentRelated

Cyborg anthropologist and UX designer; author of Calm Technology and co-founder of the geolocation startup Geoloqi.

• Excited to see @mui_labo highlighted by the Government of Japan!
  Quoting@nobiThe Japanese government is lending its support to Calm Tech products from @mui_labo in Japan, helping bring a quieter and more thoughtful vision of technology to the world.

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Former L8 engineer at Meta, Microsoft and Atlassian, now writing and building solo on agentic engineering. Writes Kun's Field Notes and posts a lot about AI coding agents on X.

• ShortInterest rate and layoffs

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Author of Recoding America; founded Code for America and was US deputy chief technology officer from 2013 to 2014. Writes Eating Policy on why governments cannot do what they decide to do.

• A (shorter) Three Horizons Framework for Government Reform

  We keep propping up a system that’s run out of time to adapt

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Author of Recoding America; founded Code for America and was US deputy chief technology officer from 2013 to 2014. Writes Eating Policy on why governments cannot do what they decide to do.

• A Three Horizons Framework for Government Reform

  We keep propping up a system that’s run out of time to adapt

  governmentRelated

Author of Recoding America; founded Code for America and was US deputy chief technology officer from 2013 to 2014. Writes Eating Policy on why governments cannot do what they decide to do.

• Yes, philanthropy should fund AI in government

  The question isn't whether to use AI — it's whether we let it entrench the status quo or use it to finally put government in control of its own destiny

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Founding member of OpenAI and former director of AI at Tesla; creator of nanoGPT and the term "vibe coding".

• Something I've been thinking about - I am bullish on people (empowered by AI) increasing the visibility, legibility and accountability of their governments. Historically, it is the governments that act to make society legible (e.g. "Seeing like a state" is the common reference), but with AI, society can dramatically improve its ability to do this in reverse. Government accountability has not been constrained by access (the various branches of government publish an enormous amount of data), it has been constrained by intelligence - the ability to process a lot of raw data, combine it with doma…
  Quoting@HrushworthThe British Government is a complicated beast. Dozens of departments, hundreds of public bodies, more corporations than one can count... Such is its complexity that there isn't an org chart for it. Well, there wasn't... Introducing ⚙️Machinery of Government⚙️

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Data scientist at Our World in Data and author of Not the End of the World. Writes By the Numbers, working through energy and climate questions with the numbers in front of them, and revising in public when they say something unexpected.

• The UK is cutting its aid budget to the lowest level in decades

  After pledging to increase the budget to 0.7% of GNI, the government is cutting it to 0.3%.

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Writes Very Serious, a newsletter on politics, the economy and culture, and hosts the podcast of the same name.

• The Adolescents Have Taken Over Policymaking

  Democrats increasingly match Republicans' emotionally immature approach to policy — a problem for the party that's supposed to be invested in making government work.

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Economist; Ronald A. Kurtz Professor of Entrepreneurship at MIT Sloan, former chief economist of the International Monetary Fund, and co-author of 13 Bankers and Power and Progress.

• Episode Two of new podcast, Power and Consequences, with Gary Gensler: The Federal Reserve and Monetary Policy…

  open.substack.com

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Guardian columnist and environmental campaigner; wrote Feral and Regenesis, and argues for rewilding and against the food system as it is.

• Prefigurement

  Today’s cruel treatment of Muslims and immigrants was originally crafted as an attack on Jews. By George Monbiot, published in the Guardian 5th March 2026 Our political memory fails us. We treat government policies as i…

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Writer and researcher on China, technology and industry; author of Breakneck, research fellow at Stanford, known for a widely read annual letter.

• For the better part of a decade, I've been writing that the US government's restrictions on Chinese tech companies were unstrategic, poorly explained, and based in caprice (https://t.co/Ohrn9qFtIL). Now it looks like the administration is turning these controls on American firms
  Quoting@deanwballThink about the power Hegseth is asserting here. He is claiming that the DoD can force all contractors to stop doing business of any kind with arbitrary other companies. In other words, every operating system vendor, every manufacturer of hardware, every hyperscaler, every type of firm the DoD cont…

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Guardian columnist and environmental campaigner; wrote Feral and Regenesis, and argues for rewilding and against the food system as it is.

• The Merdas Touch

  Here is the real reason why Keir Starmer’s government refuses to let us have a fair electoral system. By George Monbiot, published in the Guardian 4th February 2026 Don’t let the Labour party say one more word about “sp…

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Investigative journalist on policing, forensics and criminal justice; wrote Rise of the Warrior Cop and writes The Watch.

• The Roundup: Too much ICE

  The government is cracking down. The people are standing up.

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Founder and CEO of the search engine DuckDuckGo, and co-author of the books Traction and Super Thinking.

• 🆕✍️ As AI displaces jobs, the US government should create new jobs building affordable housing: What if some displaced workers help build the housing we need?

  gabrielweinberg.com

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President of the United States, the 45th from 2017 to 2021 and, as of 2026, the 47th; before politics a New York property developer who ran the Trump Organization, and the host of The Apprentice from 2004 to 2015.

• The United States did not attend the G20 in South Africa, because the South African Government refuses to acknowledge or address the horrific Human Right Abuses endured by Afrikaners, and other descendants of Dutch, French, and German settlers. To put it more bluntly, they are killing white people, and randomly allowing their farms to be taken from them. Perhaps, worst of all, the soon to be out of business New York Times and the Fake News Media won’t issue a word against this genocide. That’s why all the Liars and Pretenders of the Radical Left Media are going out of business! At the conclus…

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Writes Nintil, long researched essays on metascience, biology, economics and whatever he has decided to read the literature on.

• Links (92)

  Book Review of Breakneck from Noah Smith, endorsed On China and rare earths Rotating detonation engines Progress in pan-cancer therapy DOGE and its consequences in the federal government The AI revolution in radiology t…

  ChinagovernmentRelated

Cryptographer; teaches cryptography at Johns Hopkins and writes A Few Thoughts on Cryptographic Engineering.

• Germany has agreed to stop ChatControl for now, due to huge amounts of public pressure. Good job! The bad news is that it could come back as soon as December, and the German government has interpreted the feedback as a need to “moderate” the proposal.

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China economy researcher based in Beijing who writes on his personal blog about Chinese political economy, history, books and music.

• Historical trajectories of local government in India and China

  After doing a round of India-China comparisons that focused on commonly cited macro indicators like manufacturing, investment and literacy (see last month’s post “India and the invidious comparison with China“), I wante…

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Semiconductor analyst; writes Fabricated Knowledge on the chip industry and the companies in it.

• Intel's One True Stakeholder is Here

  What an Intel with Government help would look like.

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