Hapless Toad

Arbitrary and Capricious

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@TheStalwart This is basically the Rest is History

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@horizonsreview Every one of her quxotic crusades makes me love her more.

I will saw my fingers and shoot sea lions for My Lady.

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So, last year, Fried Frank lost its *entire* bankruptcy group.

What if that happens to a group more integrated to the main business model, like IP, ECB or Tax?

Cravath can't just *not do Tax analysis.*

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I wonder what happens when clients of V10s find out that their work is being done by increasingly junior associates now that all the senior associates have fled in response to the shift toward non-equity partners

S&C has, as far as I can tell, *one* lawyer from the class of 2019

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The thing is - lockstep associate comp was structurally sound because, if a group got understaffed, people would stay despite the unpaid extra hours because, if you stuck it out, they *had* to make you partner.

But now they can just get laterals... Why stay?

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We should not have intellectual property for any of the products we want to discourage

EG gambling apps. You should be allowed to make copycat apps that look exactly like FanDuel and steal users' money.

[internet poster @PosterInternet]

guys I’m starting to suspect that Matt Bruenig is not a serious thinker

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@D__Melb @mattyglesias @dwallacewells The story is that voters care about output (which environmental rules can restrict) and low-skill/irregular immigration, as well as certain silly things like trans stuff.

If a left-of-center party can discipline their coalition on those issues they get infinity votes.

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@MattZeitlin Vagueness!

[Cicada meth orgy fungus @RogueWPA]

RT 🔒 This is exactly what brings back the magic of The Weeds.

Liberal Millennial Woman: You know, we should just, like, help people

Matt Yglesias, shifting in his leather jacket and putting out his cigarette: sometimes you gotta be tough, it's a dangerous world out there

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@wotancore Except that Arab Americans in particular have very high rates of intermarriage and are economically successful. Lebanese Americans are already socially white

Arabs in LatAm (largely levantine) also came as a commercial class much longer ago and are also understood as white there

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@srnorty @captgouda24 The UK has a continuing crisis that they are unable to retain doctors because wages at the NHS are far lower than wages that UK-trained doctors can command in Australia or the United States.

Very different from the miners (or the situation in the US, where the AMA is far worse)

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@tobiaschneider You can also have this lifestyle quite comfortably today. You just need to live in a mid school district/suburb in a less fashionable city (say, Cleveland or Nashua) and drive secondhand cars

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@elephant_ben Within-family results are continuing to converge on between-family estimates as our numbers and statistical techniques improve

https://t.co/p4xUbnHCCY

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@bryan_caplan The difference is the institution of the Nation State, and the way it ties the destinies of individuals. There are strong arguments for the nation state (incentive alignment for voters) and thus your analogy fails

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@soudipop @mattyglesias @ewwilkins @nytimes Job (and house prices) are the products of policy

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@elephant_ben primitive agriculture & sedentarism in Europe totally goes back 8k years

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@elephant_ben Yeah - there I agree with you

(Though, Greg Clark can tell you that surnames of William's knights at Hastings are still *slightly* more elite in Britain today)

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@elephant_ben English are ~1/3 Saxon! Turks are ~10% Osmanli!

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@elephant_ben Osmanli turks ruling Anatolian-Greek masses, Greeks in the Diadochi states, Norse in the Russia, Carrhaginians (the early settlers/rulers were Phoenician, but by the Punic Wars everyone was mostly Berber), Poles in pre modern Ukraine, Germans in the Ostsiedlung. Happens a lot

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@elephant_ben Well, * would more say that what's rare is that the aristocracy *stays* genetically separate.

But a ruling caste being outsiders is quite common (Normans, Magyars, Cumans, Anglo-Norman Irish, Franks/Lombards/Visigoths/Saxons/Burgundians ruling over former Romans, Manchus, etc)