Yakov Feygin
@buddyyakov.bsky.social
11K followers 3.7K following 4.9K posts
Political economy, Russia, ext. Also pictures of cats. Recovering historian doing financial engineering for the public sector the Center For Public Enterprise and still sometimes missing academia. https://www.hup.harvard.edu/books/9780674240995
Posts Media Videos Starter Packs
Reposted by Yakov Feygin
econreporter.bsky.social
"...best seen as an example of the general theory of the second best: once one thing is distorted in an economy, you don’t get the best achievable result by keeping everything else undistorted but by distorting other things to compensate."
Reposted by Yakov Feygin
orko.bsky.social
It would be a mistake to paint the administration as a genius supervillains simply because they are executing on plans to do bad things. They are imbeciles carrying out orders from a reactionary old man whose brain is goo
orko.bsky.social
They really flew out the secretary of DHS out to Portland so they could show her how they’re all set up to sniper a guy in a chicken costume
buddyyakov.bsky.social
Some of it is weird stuff like PIMCO held leases.
buddyyakov.bsky.social
Yeah that’s right imo. I also think that the ai data center stuff is pretty well wrapped up in its own buckets and leases.
buddyyakov.bsky.social
And can your new growth service your old commitments?
buddyyakov.bsky.social
Yeah but who has the pricing power ‘ then?
buddyyakov.bsky.social
Yeah but if the big guys cut back spend that’s a problem. The debt assumes certain projected cash flow.
buddyyakov.bsky.social
More like 2000 then 2008 because there won’t be a direct path to every HH but we never really dug out of 2000 either.
buddyyakov.bsky.social
That’s mostly right but there is quite a bit of debt and finance leasing out there supporting the capex. Should be ok if there’s enough core profits to service but these things can get out of hand.
buddyyakov.bsky.social
Cool cool
techmeme.com
JPMorgan Chase reports that $1.2T of debt is now tied to AI-related companies, making it the largest segment in the investment-grade market (Caleb Mutua/Bloomberg)

Main Link | Techmeme Permalink
Reposted by Yakov Feygin
anjalikdayal.bsky.social
patriotic americans pioneered the amphibious invasion so patriotic amphibians could repel illegal invasions
Reposted by Yakov Feygin
adamgurri.liberalcurrents.com
Without a trace of irony I say that we need to get @interfluidity.com on the next Democratic president’s trade brain trust www.liberalcurrents.com/neon-liberal...
Reposted by Yakov Feygin
publicuniversal.bsky.social
(Or at least I think a lot of times radicals are correct but need to figure out how to write like Leo Strauss thought Maimonides wrote)
Reposted by Yakov Feygin
cthomasjamh.bsky.social
Like, what are we doing here? What do you think you are doing? How do you think you are getting there? How do your actions reflect on our besieged profession? Did you stop and think about what you were posting? Does provocation matter more than effective interpretation?
Reposted by Yakov Feygin
cthomasjamh.bsky.social
Joe, I hate to say it but stuff like this has also occasionally really led me to question the utility of our academic enterprise. If somehow someone can make it to an TT job teaching at an R1 but still not parse the difference between "fascist dictatorship" and "contested citizenship republic"...
buddyyakov.bsky.social
A people’s militia you say?
buddyyakov.bsky.social
Guy would defund the police an replace them with something worse.
buddyyakov.bsky.social
Silwa is maybe the one example of Republican who can be converted to socialism purely due to anti elitism.
sharonk.bsky.social
it's funny how Silwa hates Cuomo more than Mamdani
Josh Billinson (@jbillinson)
Curtis Sliwa: “Anybody who knows the history of New York City knows we’ve had socialists in elected office.”

“Somehow life went on … I don’t fear socialists. I don’t fear communists. I say, leave it to the people.”
buddyyakov.bsky.social
Silwa unleashes a special move called swarm of cats.
Reposted by Yakov Feygin
opinionhaver.bsky.social
he’s dead as hell
proptermalone.bsky.social
I think we should do Trump-is-dead speculation every time we get a clean chance, it’s clearly great for team morale.

If you’re not into it, I dunno, post cat pics or something and enjoy the downstream benefits of other people being in a good mood
buddyyakov.bsky.social
Closer to it than you imagine lol
buddyyakov.bsky.social
Even moved to the train stop I grew up by, which tbh feels weird.
buddyyakov.bsky.social
Officially a Brooklyn resident again!