Profile avatar
steveroth.bsky.social
Entrepreneur, progressive sometime 1%er. (Tax me more.) Addictive reader: trash to tomes. National-accounting & econ geek. Evolution and Shakespeare dweeb. Besotted father. From MO; show me the #s. https://wealtheconomics.substack.com/about
1,243 posts 825 followers 299 following
Regular Contributor
Active Commenter

"We have instances now in western countries where people are being arrested [...] the cop comes knocking on their door, you're going to go to jail for 60 days for posting something online. You know, this is crazy stuff that's happening all over." Marco Rubio on April 16, 2025, if you can believe it

Likewise, Trump could transfer all the assets in your brokerage account to a foreign account and say it’s for foreign policy reasons. US Secretary of State: “no court in the United States has a right to conduct the foreign policy of the United States.” So, tough luck buddy...

So is Trump also abdicating all US treaty rights to extradite people from other countries?

So Trump could put you on a plane and fly it over international waters, push you out the door, and just say it’s “foreign policy.”

Because… It looks really big to him on a Mercatus projection.

Yet another nail in the coffin of “comparative advantage” advice that Econ 101ers have been imposing on emerging markets for decades on end?

Thanks, Reagan.

“The COVID supply shock was a one-time shift in the price level; tariffs at this magnitude could create a one-time shift in the inflation rate.” mikekonczal.substack.com/p/the-federa...

Childhood trauma! And: “The sins of the parents shall be visited upon the children, yea unto the seventh generation…” www.bloomberg.com/news/article...

Why would anyone accept a job where you’re required to do the horrible things that the Trump administration requires of you?

Modern-era Hamlet: … He also spoke of poisoned wine, wine poisoned by the king. It’s true that Laertes spoke of this too. But couldn’t he have been lying? … it was shown later that the poisoning hadn’t been done by the king at all … www.onassis.org/initiatives/...

The results from Germany's big 3-year UBI experiment are out! 122 people got €1200/mo for 3 years. All were age 21-40 and employed with incomes between €1100/mo to €2600/mo They were happier, healthier, saved more, gave more, enjoyed more social time, and DID NOT WORK LESS than the control group.

Surely this is just a coincidence. www.washingtonpost.com/politics/202...

Hmmm. Somebody’s expecting people to have a lot more free time…

Still, have to take joy in a world where this exists…https://bsky.app/profile/krissychula.bsky.social/post/3lm6fq5ydbk2n

bsky.app/profile/the-...

S&P now down 19% from its Feb 19 high.

If today’s S&P futures carry through into opening tomorrow, we’re down 20% from February 19.

@nathantankus.bsky.social cdn.bsky.app/img/feed_thu...

Whether 3.5% is causal or just indicative…Go Team.

. @blairfix.bsky.social latest: The evolution of economics and fascist lingo/jargon the Google English-books corpus. What stories do you think these graphs tell? updates.economicsfromthetopdown.com/2025/04/fasc...

I wonder who he’s talking to…

That’s me, there on the left!

[email protected] where is your coverage of large protests nationwide?

Great intentions and very good intuition. But unfortunately crippled by ignorance.

Four hours till the Seattle Center fountain protest at noon. Be there!

“a poorer, hostile nation but with trade surplus. Sort of like Russia.”