If you remove phones, you haven’t removed boredom, status competition, or conflict. You’ve just changed the setting. That’s why the first-year effects can look messy.

If there’s a water shortage, don’t subsidize showers. If there’s a blackout, don’t make AC cheaper. If there’s an oil shortage, don’t cut gas taxes. Prices are helping signal scarcity. A gas tax holiday weakens that signal right when it matters most.

The key distinction is between nominal wages and real wages. Nominal wages are the dollars on your paycheck. Real wages are what those dollars can actually buy.⁣ ⁣ If prices rise faster than pay, you’re going backwards.

Private credit is like plumbing behind the drywall — the water still flows, but you lose the gauges. You might not notice the slow leak until the ceiling stains appear. That's the trade-off worth understanding.

Oil prices are falling, but don't celebrate at the pump just yet. The Strait of Hormuz is "open" — for now. We're 5 days into a 10-day ceasefire. A lot can still change.

Huge thanks to Brian O'Keefe and @nytimes.com for taking this seriously. To my team at Initial Digital. To @betseystevenson.bsky.social, who is willing to bet the family savings on a dream. And to YOU, for coming along for this adventure.

I am a very serious economist with very serious thoughts about the future of the United States.

Opportunity cost is Econ 101 with real stakes: the cost of a choice is not just dollars spent, but what you gave up. For war, that means not only destruction, but all the prosperity that never gets a chance to exist.

Why do economists obsess over uncertainty? Because waiting is easy. If the news might clear soon, firms delay big irreversible decisions. Multiply that across the economy and growth softens.

A gas tax holiday talks about 18.4¢ while ignoring the $1.50 problem. That's politics, not policy. And half of it likely goes straight to oil company profits. Congress knows this. Some just hope you don't.

RM talked about that and his vision for the group in his Rolling Stone interview "I think we have to experiment and push it to the edge (...) even this is not enough, this is too safe"

🇩🇪 German citizen: "You keep claiming that Iran will build an atomic bomb within two weeks, so why do you never mention #Isräël’s possession of 200 nuclear warheads⁉️"

Running my childminding business means no time for social media! But now, staying consistent is actually easy. You need this. #smallbizlife #SocialBeat #ChildminderLife #SmallBizTips #ServiceProfessional #TimeSaver #WorkLifeBalance

Putin says everyone wanted to “grab something from Russia” and asks why Finland joined NATO if there were no territorial disputes. Pesky Finns. Did you really join NATO just to snatch a piece of Russia? Hope you were aiming for a big one😁

Meri zindagi Hai tu #younusalgoharisenoughforme #sufism #goharshahilikenoother

#Hemp #greenenegry #farming #fuel #Corruption with the #federalgovernment

New approaches to war propaganda are reshaping the conflict between Israel, Hezbollah, and Iran https://aje.news/xb2480

Congratulations to the #US sledge hockey team on winning the gold medal once again. The #MilanCortina Games marked the first #Olympics in which all three teams from the same country competed, and each team secured gold in hockey. They certainly represented the #UnitedStates well. #USAHockey

Kevin Odom: "Elated, ecstatic, content, peace..." Giving his kidney was about living for one another 💪 #Resilience #LiveDonor #MentalHealthMatters #OrganDonation Reply with your thoughts on giving Watch the full video: youtu.be/o6ENPCes0fc...

A closer look at Perspective #1 on display at Bankside Gallery DENISE BALLARD-WYLLIE ARE Plus some good news for collectors

Piastri around the outside of Norris for P2! #F1 #AbuDhabiGP

Made with BAO Bones by @tcastro.motion aescripts.com/bao-bones #aftereffects #aescripts #baobones Rig rápido e fácil no After Effects usando o Bao Bones

Back to our abnormal reality: The cost of the war in Iran has hit nearly $1 billion a day as the U.S. has blown through weapons. NYT's Eric Schmitt why some officials are concerned that the Pentagon’s Iran priority makes it less ready to confront potential adversaries like Russia and China.

Hegseth, the same guy who banned abortion services at the VA, thinks asking the military to get flu vaccines violates their autonomy but forcing them to carry a pregnancy and risk dying does not. And he thinks that’s common sense!

Sixers Bucks highlights in 1 minute

Matthias Neumayer, co-founder of OscarStories, says he's already been targeted by AI scammers, and it's only going to get worse. Would regulation help fix the issue? 🔴 Join us for WeAreDevelopers LIVE every Wednesday at 12:30 CE(S)T at wearedevelopers.com/en/live

Anne Lore & Richard Harmon: Did their Final Destination Bloodlines death scene throw off fans? Scaradise  FULL Panel: https://youtu.be/Bw5Vs5OUgnk Instagram/Threads: SheFantasyEnt TikTok: therealmsshe Bluesky: thereal-msshe.bsky.social YouTube: SheFantasy-fe7lo #scaradise #finaldestinationbloodlines

music to spark the nuclear fusion reactor to☢️⚡️ #boombapbeats #boombap #beats #madewithni #hiphop #instrumental #music #groove #vibes

Threats to tropical rainforests Developed in partnership with King's College London. Watch the full video on @timeforgeog.bsky.social and discover how you can put your geography to work in careers with... https://timeforgeography.co.uk/videos-list/ecosystems/threats-to-tropical-rainforests/

🇮🇱 An expansion of IDF control over Gaza to 70% has been ordered by Netanyahu. 64% is already held. Before October 2023, zero percent was controlled.

The power of kindness.

Jeff Lewis' Contact High is a psychedelic joy. His thickly-layered paint strokes, patterns, textures, and colorful ovals are a cacophony of visual information. Lewis works intuitively, and allows his practice to grow and evolve with him. 20x200.com/products/jef...

In the words of Congresswoman Shirley Chisholm . . . #ourvoicesmatter #ShirleyChisholm

More progress. The reinforcements are working.

Not since Reconstruction’s demise have reactionaries so brazenly tried to erase African-American representation from Congress. We must elect a majority with the courage to stand against this tide and will us back towards a more perfect union.

They were set up to fail...

⛔ 🆘 #BREAKING: New research cited from the #CatoInstitute reportedly found only about 5% of #ICE detainees had committed violent crimes‼️ Which means roughly 95% reportedly did NOT have violent offense records‼️

💘🧟 Fangs for coming to my #ResidentEvil 9 finale stream! Special fangs to @themagicpantstm.bsky.social for the Raid! He was playing Grounded & Fortnite! 🧟💘 🔴 We Raided @mattotia.bsky.social! She was playing The Outlast Trials with friends! 🔴 👇 Channels in replies! 👇 [ #Vtuber | #TwitchStreamer ]

Fleksibilitas staking yang memberi kebebasan menentukan lock, reward, dan strategi sesuai profil masing-masing — membangun ekosistem yang lebih adil dan berkelanjutan. #InterLink #ITLG #ITL

ABS confirmed in #Brewers at #Astros (Bot 6). William Contreras challenged the ball call on DL Hall's pitch to Cam Smith. Ball confirmed. HP: James Jean | Upheld 58.8% (30/51). Later: Cam Smith walks.

On this day in 1957, Hammer’s gripping and often overlooked The Abominable Snowman was released 🖤

Besties, quick reality check! EPA says they’re absolutely cooking on PFAS protections… Twin, that’s CAP! The safeguards that keep these “forever chemicals” out of our water and food are actually getting rolled back. And if you ask us? That’s a flop. Respectfully, EPA, negative aura points.

Frankie fans queuing up to see us in Los Angeles, 1984! We were on our US tour for "Welcome To The Pleasuredome", who came to see a show in those days?

This woman is surprisingly surprised that her navigation system isn’t working because of electronic warfare near the Kremlin! 🤣

Ted Sallis, you lucky dog. @ofspiiderswords.bsky.social

Putin demands Russia be given drone wreckage that crashed in Romania 😆 According to Putin, the drone’s origin can only be determined after a proper investigation, and the wreckage should be handed over to Russia for examination. It's most effective to investigate your own crimes 😂 #Russia #Putin

Curious what it’s like to be an oncology nurse? 💙 #MercyOKC’s Erika Guerrero-Griffith shares a glimpse into her day as we celebrate Oncology Nursing Month and the incredible care our nurses provide.

🇮🇷🇺🇸 Iranian Parliamentary Speaker Ghalibaf has stated: "Economic pressure & media campaigns are being used by the enemy to create division & force surrender following their military defeat. What a vain delusion! Cohesion and unity are seen as the key factors for victory."

🇺🇦🇷🇺 In the past week, more than 2,300 drones, nearly 1,560 guided aerial bombs, and 108 missiles were launched at Ukraine by Russia, as attacks show no signs of being slowed by Putin.

Downtown Wichita 11 o’clock and the protest doesn’t even start till noon

CryptidBoyz - Occupation Jokes #jokes #cryptidboyz

"Surviving the day is already difficult for anyone in Gaza but for those living with chronic illnesses, every day without medication can become a life-threatening emergency" #TheSameerProject #Gaza

repost @victor_wong_art_tech on IG This week is all about NASA’s Artemis II Moon Mission. Surprisingly, my AI robot ink painting exhibition ‘Far Side of the Moon’ (which uses topographic data from NASA) in London in 2019 still looks fresh today 😍😊🤗 #robot #moon #inkpainting #london #hongkong

James hits the nail on the head! 💙🇺🇸💙🤨👇🏼

Tip of the day. #etiquette #mannermatters #betterlife #indiana #livemonetization

No quick fixes. #etiquette #betterlife #mannermatters #harrystyles #verizon

Casey Schmitt crushes a 2 run shot to give the #SFGiants the lead

#IWK #Women’s #Health #Canada #NS 😩How many women have had IUD placement without any analgesic? ➡️Only 7% of #CDN research goes towards women’s health? 🚩Women spend 25% more of their lives in poor health than men ❌70% of chronic pain patients are women Women’s clinics are opening across 🇨🇦.

Big news: SickNotWeak is joining the Mood Disorders Society of Canada. This unites efforts to challenge stigma, spark honest conversations & empower people to seek help. With Michael Landsberg’s leadership, the mission grows stronger. Read more: mdsc.ca/mdsc-welcome... @sicknotweak.bsky.social

Leva’s reasoning for demoting Michols makes complete sense He’s becoming busier as a reality tv star and doesn’t have the time to be the Assistant GM Now she still could’ve told him that DIRECTLY and not through email! #SouthernHospitality