Pages

Wednesday, October 02, 2024

“The way you solve things is by making it politically profitable for the wrong people to do the right things.”

 As Milton Friedman once said, “It’s nice to elect the right people, but that’s not the way you solve things. The way you solve things is by making it politically profitable for the wrong people to do the right things.”


Strike Threat Wins Boarding and Retro Pay at American Airlines Labor Notes

 

Gabriel Zucman on trends


Robin Hood in reverse. In 2024/25 the top 10% of earners will reap 80% of the capital gains discount ($4.3 billion) on residential property. 6% ($324 million) will flow to the bottom 50% of earners. PBO costings. $$billions that should be going to affordable housing🏡



Bob Sahota is passionate about "opening up a new investment universe for investors", prompting him to set up his own boutique, Revolution Asset Management, which is due to launch in February 2018. This week, Bob tells us a little more about the infrastructure behind the new business and what makes his product offering unique. He also names an industry mentor who was instrumental in his early career development, shares the best advice he's received, and admits to another great passion - muscle cars from the 70s inside the man’s cave!



'Pretty cheap stuff': Expert hammers Trump Watch in scathing analysis


10 workers fired after forming union get $450KColorado Sun

 


Recovering the Agricultural New Deal: Its Foundations, Legacies, and Losses Nonsite.org

 

Death of the Department Store London Review of Books


Nobody Knows Anything, The Beatles edition The Big Picture


AI - Full of slop until the bubble pops


How to Monetize a Blog. I am taking very careful notes, so expect some big changes around here. Mind the vortex (vortext?) tho.


How Israel went after Hezbollah’s chain of command – and why it matters Telegraph

* * *

As Israel Widens War, Gallant Triumphs Over Netanyahu in Their In-house Battle Haaretz


Israeli army hacks into Beirut Airport control tower, threatens Iranian civilian plane Anadolu Agency


Surgeons and others detail gruesome injuries; many of the thousands of victims were blinded, with fingers severed New Lines Magazine


Middle East Maritime Threat Escalates: Israeli and Lebanese Ports in the Crosshairs, Ambrey WarnsgCaptain