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Reposted by Win Monroe

NPR @npr.org · 2d

A Cornell University researcher has been developing an artificial heart for children for more than 20 years. Now, his research is on hold and his lab is shut down. n.pr/3KIfcSn

This 4-year-old's heart is failing. A federal grant that might help him was canceled

A Cornell University researcher has been developing an artificial heart for children for more than 20 years. Now, his research is on hold and his lab is shut down.

n.pr

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Reposted by Win Monroe

Sharon @sharonk.bsky.social · 6d

$\Sephiroth from Final Fantasy VII is glowing dramatically, surrounded by beams of light. A dialogue box styled like the game’s interface reads: Sephiroth: "just wanna clarify that i'm not owned right now. yea u won or whatever but i'm not owned. i'm actually very calm rn"$

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Win Monroe @winmonroe.bsky.social · 6d

I personally believe financial crises are a bit like heart attacks or strokes. Certain things make them more likely, but once they have started quick, appropriate action can make all the difference between a health scare and something fatal.

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Win Monroe @winmonroe.bsky.social · 7d

Shocked, just shocked, to learn this didn't work out.

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Win Monroe @winmonroe.bsky.social · 7d

The real question is whether it could have been contained, and if so to what degree.

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Robert Saunders @robertsaunders.bsky.social · 9d

Politics is not like selling biscuits, where the task is to find out what people like & flog it to them.

It's a moral activity. It's about arguing for the things you believe in. It's about *shaping* the "median voter".

Farage has moved the centre-ground of politics. His opponents can move it back.

The New Statesman @handle.invalid · 10d

Crying racism only hurts Labour

Activists like it, but the median voter will feel attacked.

📊 @bwalker.uk

Crying racism only hurts Labour

Activists like it, but the median voter will feel attacked.

www.newstatesman.com

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Guy Berger @econberger.bsky.social · 10d

In case anyone is interested, I took a crack at assessing 3 high quality "alternate" indicators of the labor market that I'll be looking at during the federal government shutdown.

macromostly.substack.com/p/on-alterna...

On Alternate Indicators

How to Think About ADP, Revelio and the Chicago Fed Nowcast

macromostly.substack.com

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Reposted by Win Monroe

NPR @npr.org · 10d

JUST IN: The Supreme Court has temporarily blocked President Trump's attempt to fire Federal Reserve governor Lisa Cook, a move that critics say would have compromised the central bank's independence

Supreme Court says Federal Reserve Governor Lisa Cook can stay -- for now

The Supreme Court has temporarily blocked President Trump's attempt to fire Federal Reserve governor Lisa Cook, a move that critics say would have compromised the central bank's independence

n.pr

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Win Monroe @winmonroe.bsky.social · 10d

still so mad I missed their show in london this summer 😑

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Win Monroe @winmonroe.bsky.social · 10d

Went to Camille last night and it is every bit good as people say

Reposted by Win Monroe

ironeconomist.bsky.social @ironeconomist.bsky.social · 10d

The Uk has had essentially 0 productivity growth for 15 years. There are many reasons for this but the governments have not seemed interested in seriously talking anything. We are short 4-7m houses for our current population, have massive shortages of lab space and transport infrastructure etc

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Win Monroe @winmonroe.bsky.social · 11d

Central Banking Before 1800: A Rehabilitation by Ulrich Bindseil

An excellent summary and exploration of early central banking. It takes as its starting place, the prevailing thesis by Goodhart that central banking really began around 1800 with the Bank of England and

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Michael Bench-Cauldron @mikebenchcapon.bsky.social · 11d

As Grice teaches us, if someone says they like pancakes we can safely infer that they hate waffles

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Win Monroe @winmonroe.bsky.social · 11d

central banking that has been neglected by the literature, including a variety of institutional arrangements, as well as recurring challanges and debates that echoe many of those today. For anyone seriously interested in the history of money and banking, its a must read.

8/10

Win Monroe @winmonroe.bsky.social · 11d

monetary liability of the highest quality, liquidity, and stability. Using a archival data on the activity of early central banks in Barcelona, Italy, and elsewhere, he makes a compelling case and paints a rich picture of early

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Win Monroe @winmonroe.bsky.social · 11d

then other central banks becomnig reliable lenders of last resort. In contrast to this, Binsdeil argues that early financial institutions acted either intentionally or unintentionally as central banks and that the defining charactersitic of central banking was issuance of an

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Win Monroe @winmonroe.bsky.social · 11d

Central Banking Before 1800: A Rehabilitation by Ulrich Bindseil

An excellent summary and exploration of early central banking. It takes as its starting place, the prevailing thesis by Goodhart that central banking really began around 1800 with the Bank of England and

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Reposted by Win Monroe

Resolution Foundation @resfoundation.bsky.social · 12d

Scrapping the two-child limit on benefits would be the most targeted and cost-effective way for the Government to meet its aim of reducing child poverty.

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Tomas Hirst @tomashirstecon.bsky.social · 15d

Reform’s rhetoric has already shifted to mass deportations - nothing the government do will on immigration will ever be enough. That’s the whole point. Conceding that they are directionally correct is to give up the argument. And the stakes of that argument today are enthonationists in the streets.

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Isaiah Bishop @isaiahbishop.bsky.social · 16d

"JUSTICE WILL PREVAIL IN THE PECAN MARKET" hell yeah brother

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Tomas Hirst @tomashirstecon.bsky.social · 17d

This is a great column but this para in particular struck me as correct - institutions like the Federal Reserve operate independently as a wilful check on other branches with a limited mandate set by elected lawmakers. It’s a question of demonstrating good governance

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LindaFly @lindafly.bsky.social · 18d

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Win Monroe @winmonroe.bsky.social · 18d

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David Wessel @davidmwessel.bsky.social · 19d

Following exodus of attorneys from the Office of Chief Counsel, IRS has opened hiring for more than 60 positions in areas such as international tax and litigation support, reports Tax Notes. The office has lost about 13 percent of its workforce this year.

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Tomas Hirst @tomashirstecon.bsky.social · 19d

Lots to agree with here but I don't really think it's clear that we can easily square softening UK labour market w/ economy running at/near full capacity. Still think there is room for the government to borrow to fund investment, as it has done, but need to show that they can use tax levers as well.

Will Cooling @willcooling.bsky.social · 19d

itcouldbesaid.substack.com/p/it-could-b... Did you know we ran a public sector deficit of 5% of GDP last year, a figure which adds up to £150billion? The public finances are in a far worse state than anyone admits to even before you consider public works backlog, gaps in defence & public services

It Could Be Said #73 Why Britain Needs £250billion In Tax Increases

Will explains why public finances are in far worse shape than people realise

itcouldbesaid.substack.com

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