Politicians love visible gestures. Economists ask the annoying follow-up: does it work? ⁣ ⁣ On gas tax holidays, the answer was basically no then, and no now.

Two things can be true at once: private credit isn't identical to 2008-era shadow banking, and some of the same vulnerabilities may be creeping back. Similar enough to inspect closely.

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.

Short-run discomfort ≠ long-run harm.⁣ ⁣ Phone bans make students feel worse at first — then better. By year two, well-being rebounds above baseline. Turns out kids (like all of us) just needed time to adapt.

Some simple economics of the Met Gala: $42 million raised sounds enormous. It is. But economics is about compared with what? If the Met Gala creates far more value for fashion brands than for the museum, then the ticket price is probably too low.

The economy right now is doing that thing where it says “I’m fine” while white-knuckling the steering wheel and taking 8 attempts to parallel park.

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.

One more sleep until I can tell you what I've been working on. Can't wait.

Right now, the AI boom mostly shows up as investment: chips, data centers, infrastructure. ⁣ ⁣ The real question is whether those foundations eventually help workers and firms do more with less.

The platypus has a sixth sense — it picks up signals invisible to everyone else. That's what good economics gives you. The promise: see clearly in murky waters.

새로운 환각제 유사 약물이 환각 없이 우울증을 치료할 수 있다😂 — 환각 없이?😜 www.sciencedaily.com/releases/202... #과학 #물리학 #화학 #생물학 #생태학 #유전학 #신경과학 #생화학 #나노기술 #환경과학 #데이터과학

Women killed, children injured as Israel attacks Lebanon! #news #worldnews #lebanon #israel #middleeast #children #attacks #war #lebanonwar #israelwar #israellebanon

It feels special when a player arrives, yet bittersweet when they go, because every goodbye takes away a piece of the journey you enjoyed watching. 💔 #liverpoolfc #liverpool #lfc #ynwa #football #soccer #footballnews #footballplayers #footballculture #fyp #bluesky #sport #sports

🇩🇪 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⁉️"

Allah Ki Nazar mein Nek hona kya hai #goharshahilikenoother #ifollowgoharshahi

Okay, so the $billion is for Trump's bunker "under" the ballroom. To me that's spending taxpayer money on the ballroom that nobody but Trump and his enablers wanted. 🗽

Veroljub Sarić, jedan od najstarijih učesnika protesta, danas svoj rođendan proslavlja ispred Pravnog fakulteta, gde je svakog dana odavao poštu nastradalima blokadom raskrsnice na 16 minuta, dok prošle nedelje nije pregažen autom zbog čega mu je operisan kuk.

Hallan: Credit card! #QP

The Federal Death Penalty: 3 Bullets, Shot in the Heart. Trump's Firing Squad: Pro-life, Pro-Death Penalty. Politicians' Lethal Hypocrisy that Cheers on Government Sanctioned, Cold-blooded, Pre-Meditated Murder www.buzzsprout.com/823981/episo...

Night vision footage shows a convicted violent offender breaching Denver Airport security, reaching an active runway, and being pulled into a Frontier jet engine during takeoff, sparking major safety concerns. #reels #viral #CaughtOnCamera #trending #viralvideos

"It's hideous! AAAAGGGGGHHHHH!"

Five to Watch ➜ Labour has been convulsing after May 7 losses, with dozens of MPs publicly calling for the leader to quit and senior figures organising challenges.

🌞 🌵 London Victoria gets a summer garden makeover to highlight the impact of climate change on the railway. Inspired by the Chelsea Flower Show, it highlights the damaging effects of heat on the railway and innovations to tackle them: 👉 https://bit.ly/4wQ0WL5 #HotRailway

#OnThisDay in 1986, Vivean Gray debuted as Nell Mangel #Neighbours #ClassicNeighbours #BringBackNeighbours

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!

Dharmendra was conferred with the posthumous Padma Vibhushan, India's second-highest civilian honour, and his wife, Hema Malini, received the award on his behalf in Delhi on Monday.

We’re walking you step-by-step through lead4ward strategies that get students thinking at every level needed for STAAR success. In-person and virtual sessions available. Learn more: https://lead4ward.com/review-conference/ Jodi Denton, lead4ward Social Studies #STAAR #lead4ward #engaginglearners

At least now I know why I can’t find a boyfriend. #illegalaliens

Feminist movements in Cameroon are facing severe climate impacts while building real community-led solutions. As #COP30 unfolds, their voices must lead climate action rooted in justice and dignity

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

MAGA cultists in Miami erected a golden statue of Donald Trump and prayed on it. Trump "called in" to thank them for their loyalty.

Kinda wild that this is the same league as the Cubs. Wildly different experience.

Pantera cats. #Caturday

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/

White supremacy does strange things to the mind and those deep seeded fears play out in different ways. Listen to the full conversation on Now You Know with Howard Sapp. Get it on the Big Mouth Media website or wherever you get your podcasts. #florida #politics #swfl #podcast

NEWS: Global protections secured for striped hyena and giant otter at #CMSCOP15. For both, said WCS’s Susan Lieberman, “conservation success will depend on countries working together across entire ecosystems.” 🌏 t.co/mmWHLz1Pgh

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That feeling when the cruise booking gets confirmed 🛳️🌴 No cruise booked yet? Sounds like it might be time to change that - tinyurl.com/3h5d2kx5 #nonrev #aviation #PERXDeals

Can’t reform this, abolish ICE! #AbolishICEPledge

#iran #us #explore #fyp #BreakingNewsUSA Full story: https://jqjo.com/article/1jgwpf84

#coyote #suburbia some coyotes crossed my back yard a few days ago and hopped the fence in the back. The video shows three, but there was also a fourth one seconds before. I assume parents and cubs...

🦅💥 Taganrog overnight!

Posting a #BenedictCumberbatch gif every day till I reach 💯 gifs in a row! Unless I forget, then the count starts over. 9️⃣7

Explosions Hit Al Quds March In Tehran, As US Military Bombs Kharg Island www.keneci.com/World-confli...

We’re hiring! 🔹 Grade VI Cyber Governance, Risk & Compliance Officer 🔹Grade VI Programme Support Officer, Sláintecare Transformation and Innovation Office 🔹Interim Assistant National Director, Head of SAP CoE Application forms & more details: bit.ly/4tqeLy8 #DigitalForCare

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?

my mission in life," no, MY PURPOSE, is to hunt down everyone of these S. O. B in #rockstargames #RedDeadRedemption2 on #xbox and make them suffer

Out in the scorched desert, among dead mining camps and the bones of failed empires, the old Euclid awoke mad. One hard cough, then a diesel roar that shook forty years of dust loose in a single fit. #Euclid #VintageMachinery #DetroitDiesel #HeavyEquipment #GreaseTheBeast

In other news, Dear Momo Boyd.....hey. Okay that's all I want. Have a nice day.

Smoked up a flock.

Something to Talk About #ai #congress #video #shorts #girl

The System Is a Bit

A battle for the Round of 16 👊 @iga_swiatek takes the first set 6-4 against Linette. #RolandGarros

🇺🇸I have so many questions. Can someone explain what I just watched?

#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 🇨🇦.

"I don't think they have a weakness." Nienaber's honest take on the Stormers ahead of the semi-final. #Leinster #URC #Stormers

GM & TY, Beth! 💙 @schultziepie.bsky.social @abbarsha.bsky.social @sassy0210.bsky.social @jenexpresses.bsky.social @suzzisulli.bsky.social @annettebeebe.bsky.social @chaserbaybe.bsky.social @jules1212.bsky.social‬ @felicianmitzi.bsky.social @bluestormcomin1.bsky.social @raykwong.lol

🐄 Lucía y Alejandra son dos niñas de ciudad de 5 años que nunca han estado en una granja. 🥚 En #MalasLenguas las acompañamos a ver cómo son los animales que producen los huevos y la leche que luego consumen en sus casas.

Our joke of an acting AG—who “happens” to be Trump’s former personal attorney—just gave his boss a lifelong get out of jail free card (which also applies to Trump’s family and businesses.) Doesn’t get any more corrupt than that.