I'd rather have an economy that makes 1,000 millionaires than 1 billionaire.

The tide in is turning, and it is not stopping. One public message after another. Jewish New Yorkers are coming out and saying it plainly: Not in our name.
Zionism is not Judaism.
Netanyahu does not represent us. Today this message is live in Times Square. @NYCMayor @NYCMayorsOffice @ZohranKMamdani Source @authenttorahjew @TorahJudaism

Indigenous people don't do this.

Who actually controls the Strait of Hormuz? I wrote this explainer in April, and more than 430,000 people have read it. It's still the piece I'd send to anyone who asks what is really at stake. Whatever happens in negotiations, this comes down to legal questions: who has the right to pass, who can restrict passage, and what international law says when those claims collide. My graduate thesis was on the law of the sea, and I wrote this to explain those rules in plain terms. If your business depends on shipping, energy, insurance, trade or supply chains, you need to know what the deal is before the headlines change again. The full explainer is free and linked in the first comment. For what comes next, ONEST members get our daily brief every weekday evening: what happened, why it matters, and what's next.

In my first story with Kelley French for @washingtonsun, I spoke to the woman pictured in the Metro photo on July 4. She didn't know she went viral. Her family wants people to know their difficult reality. Please take some time with our story today notus.org/metro/viral-metro-…

rnz.co.nz/news/environment/1…. Now do you believe it Matua Shane?

SCOOP: OpenAI, Anthropic and security researchers are investigating tens of thousands of incidents - not dozens - in which their frontier models took steps that outside evaluators would consider problematic, sources told Axios. axios.com/2026/09/26/openai-…

YouTube, Meta, TikTok, and (sigh) X have all reportedly rejected the ‘Musk’ trailer as a paid ad. Bleecker Street, the film’s distributor, is appealing. vulture.com/article/youtube-…

This framework for viewing the Chinese cleantech sector has broader implications for understanding the health of many sectors across the Chinese economy - and their investability. When the political economy has been optimized around delivering consumer benefits at the expense of producer margins and their market power, the typical metrics of producer performance like stock prices or market caps become less valuable indicators of productivity or competitiveness. China has multiple companies that, judged on tech, scale, market position, and strategic importance, would enjoy massively higher valuations in a different political economy. Their valuations are held down by the (correct) expectation that much of the value they create will ultimately accrue to buyers rather than shareholders. If you assume the objective function of the system is shareholder value maximization, then a system that compresses producer returns by design is (understandably) going to be pretty unattractive. You don't have to play. But also resist the urge to evaluate the system's performance according to a metric it's not optimizing for.

@mtaibbi must be livid, right? @ggreenwald?

"A job guarantee, publicly funded and locally administered, would offer anyone a job at a living wage doing socially useful work. It expands in downturns and shrinks in booms, stabilising wages precisely when the economy needs it. It is not welfare." theguardian.com/society/2026…

A dead GIRL specifically. I specifically wrote about the usefulness of the dead girl in my upcoming book. Particularly as the financier of the carceral system. That is ALL these laws do is bolster the police and the surveillance state. They do NOTHING to prevent crime or protect us

I’ve watched part of Naza, and now I understand why they’re so desperate to shut it down. It completely wrecks their narrative and image.. The level of detail about their crimes and inhumanity is absolutely chilling.

Me duele la mano de tanto hacer tweet 🤣 Somos humanos no bots po! Bora LULA 🇨🇱❤️🇧🇷

This is true worldwide:

Reminder to those looking at rising bond yields every day:

I’m a scientist. I need to say this because the AI hype is getting ridiculous. AI can design a molecule in seconds. That doesn’t mean it discovered a drug. It discovered something we scientists have never been short of: Something to test. Someone still has to make it. Run the experiment. Measure whether it works. Check whether it’s toxic. And ultimately prove it works in the real world. AI hype tells us: “Prediction is discovery.” “Simulation is experimentation.” “Generating a molecule is developing a drug.” It isn’t. AI is making ideas incredibly cheap. But every new idea creates something AI cannot generate: Evidence. And the more hypotheses AI produces, the more experiments we’re going to need. That’s the irony nobody seems to be talking about. AI may not make laboratories obsolete. It may make them more valuable than ever. You can speedrun the thinking. You can’t speedrun reality.

Germany maps out fossil fuel exit, backing EVs, heat pumps - phasing out coal, oil and gas by 2045, Germany would be the third country after France and the Netherlands to adopt a national roadmap under an international effort to move away from fossil fuels, reuters.com/business/energy/…

The opposite of this is true. Randy Wray and I have shown in our paper that a central bank that does not stabilize bond prices will make for an unstable monetary system. What Brooks suggests did never work, does not work and will never work, as we show. tandfonline.com/doi/full/10.…

"Intensified Russian attacks on Ukrainian industry are squeezing the tax revenues that help fund the state." Since tax revenues (in Ukrainian hryvnia) do not "fund" the federal government of Ukraine, it would be interesting to know more about this. The central bank of Ukraine can always create hryvnia foe the government of Ukraine. There should be no "funding gap" caused by lower than expected tax revenues. Why does the Ukrainian government ask for Euros to replace spending formerly expected to be executed in hryvnia? (There might be a good reason for this, but with the information given so far it is not visible yet.) euractiv.com/news/rapporteur…