qwe2782

[qwe2782 @qwe27821]

@DavidW973473820 @penzijuandacong @DesmondShum 幽默

[qwe2782 @qwe27821]

@lianda_edu Xueguang is fair, but not for Yiqing (except his methodology).

[qwe2782 @qwe27821]

💩💩💩

[Claude @claudeai]

Beginning July 20, Claude Fable 5 will be included in all Max and Team Premium plans, at 50% of limits.

Pro and Team Standard users will continue to have access to Fable via usage credits, and will receive a one-time $100 credit.

Demand for Fable has been challenging to predict, which is why we rolled it out to subscription plans in stages, extending access several times as we secured additional capacity.

[qwe2782 @qwe27821]

@DesmondShum @FengmingLuPE @ChinaJournal @maxiaoalex Now, tell me, how many firms in that list are private or SOEs? If u still believe all firms are SOEs, Please stop using Econ 101 to pretend as a intellectual (本质乡镇企业家就别装文化人了).

[qwe2782 @qwe27821]

@DesmondShum @FengmingLuPE @ChinaJournal @maxiaoalex Now, in mainstream property-rights economics, the other parts of ownership are residual control rights, residual claim rights, and use and exclusion rights. If u don't understand what is this, just use claude or ChatGPT to learn.

[qwe2782 @qwe27821]

@DesmondShum @FengmingLuPE @ChinaJournal @maxiaoalex LoL, "the first principle of ownership: transfer of ownership." Where u learned this 70s Econ 101? from Chenggang Xu? But I guess even for him, transferability just is one component of onwership, it can not be reduced to transferability alone.

[qwe2782 @qwe27821]

@williamlong 你也是个脑残，谁给你的勇气觉得下面是穷学生的

[qwe2782 @qwe27821]

@williamlong 幽默

[Arpit Gupta @arpitrage]

Today the bitter lesson comes for mathematicians, but economists are not far behind

[qwe2782 @qwe27821]

@hankinbeijing lol

[qwe2782 @qwe27821]

@captgouda24 Idiot

[NewsWire @NewsWire_US]

Spirit Airlines Expected to Cease Operations Around 3 A.M. ET Saturday — WSJ

[qwe2782 @qwe27821]

@DesmondShum @tianyuf "I’m the one who actually came out to tell the full, unvarnished story." As I mentioned before, 沈先生真的很幽默.

[qwe2782 @qwe27821]

@tianyuf LOL, I’d say Mr. Shen is a pretty humorous guy. A businessman who made his fortune during China’s high-growth, gilded era suddenly reinventing himself as a teller of "truth." Unfortunately, I firmly believe that "狗改不了吃屎."

[Soumitra Shukla @soumitrashukla9]

Professional malpractice to not use GPT 5.5 Pro in your referee reports and for writing your papers

[qwe2782 @qwe27821]

幽默

[Select Committee on China @ChinaSelect]

The CCP is pursuing AI dominance by 2030. And when it cannot compete fairly, it steals.

@YusufSMahmood from @A1Policy explains:
"We are not prepared to secure our AI systems. If we decided tomorrow that it was a top national security priority to prevent the CCP from stealing our most capable AI software, we would face extraordinary challenges. We're starting from a vulnerable position. The CCP seeks full AI domination by 2030, and it lacks the capital and talent to win fairly, so it steals. These aren't theoretical harms right now. Chinese AI, developed from stolen American technology, is helping Iran target American warfighters."

[Jonathon P Sine @JonathonPSine]

We give abstract labels too much credit for explaining anything.

[qwe2782 @qwe27821]

@SandroAmbuehl Agree. Especially considering less 1% scholars have really good taste, and in most of time it is just about "small club" game.

[Jesús Fernández-Villaverde @JesusFerna7026]

Thanks for your comment!

I agree with you on the point of hysteresis.

Also, as I emphasize in my QJE paper on fractured land, the mapping between the structure (in that paper, geography) and events (political outcomes) is stochastic rather than deterministic. But I thought this point was a bit too technical for X.

Where I see things slightly differently is with respect to Trump. To me, his winning the primary and the presidency in 2016 was an epiphenomenon. Without China’s rapid productivity growth and the 1965 immigration reform, the electoral coalition that put Trump in the White House would not have been feasible. Trump had the same ideas in 1992 as in 2016, but in 1992 he was not a viable candidate.

This is not a criticism of globalization per se: the aggregate gains from China’s rapid productivity growth and the 1965 immigration reform have been considerable. But they have also created losers (in absolute or relative terms), leading to political backlash. Think about it as a modern manifestation of Karl Polanyi’s double movement.

I have tried to make this point more carefully in this paper:

https://t.co/EmQIPNnw22

Marx saw this clearly in The Eighteenth Brumaire. Louis Bonaparte was not the cause of anything. He created by France’s class structure, the collapse of the Second Republic, and the political exhaustion of the bourgeoisie. Somebody was going to fill the political vacuum of 1848. It turned out to be Bonaparte. Could have been someone else because:

“Men make their own history, but they do not make it as they please; they make it under circumstances existing already, given and transmitted from the past.”

Swap France for the Rust Belt, the peasantry for workers who lost their jobs to the China shock, and Bonaparte for Trump.

[qwe2782 @qwe27821]

@BilgeErten @pinarandmore Other Reg Monkey