@acoyne Doesn't the 25th have to be invoked by the Vice President and the cabinet? What are the odds of that? What are the odds that the cabinet would want to install Vance as President? And if Vance tries to invoke it and the cabinet won't, what then?
@dandolfa I've never been clear on this. Does the Taylor rule solve an explicit optimisation problem, or did it emerge as a description of what central banks were doing when things were going well?
@econseptiles@VincentGeloso If I remember discussions at the time (which I may not) she would have got it for imperfect competition, which she'd basically repudiated by then. Though saying that N Korea was the way of the future didn't help. JR didn't mince words.
@dandolfa Considering how many badly written articles I've refereed, I can see upsides to this. Same with badly written referee's reports. Instructing the AI to write a report making "the following points" might well be a plus.
@cselley Don't know what it's like now but it used to be a great place to live. Apartments, parks, shops and restaurants, basically a fifteen-minute city connected to the rest of Toronto by the subway line downtown.
@DimitrisSoudas Not releasing it leaves room to discover that you misunderstood each other, and misunderstandings can be corrected without loss of face.
@S_Surprenant It used to be said that Sociology stemmed from Marx. If that's still the argument, teaching him in a social science department would be legit.
@stephenfgordon The immediate response to that, of course, is that your job isn't going to be one of them. Are we going to be putting a compensation criterion into effect?
@JustinWolfers I think you miss the logic. Prices were high because foreigners were screwing US consumers. The tariffs taxed away the foreigners' profits but didn't affect Americans. In return for the foreigners cutting prices, Trump is removing the tariff on them.
@cselley There's a lot of validity to Trump's complaints about other countries taking the US for granted. Ultimately, we're in this mess because of our massive complacency. The US will continue to tolerate what it has always tolerated.
@VincentGeloso Your point number 1 is extremely difficult to get across to people, even people in public health. The corrolary, of course, is that shifting funds from treatment of to reducing the number of incredibly low birth-weight births would be very productive.