Lightnews — Scholar-powered news

Chance Phillips

@chancephillips.bsky.social

1.6K followers 450 following 880 posts

A student in the economics PhD program at UMass Amherst. Recreationally reading: Harry Jaffa’s Crisis of the House Divided Most bylines in @alreporter.com and @liberalcurrents.com Substack: someconvenienttree.com

Posts Media Videos Starter Packs

Pinned

Chance Phillips @chancephillips.bsky.social · 20d

Thanks to @thebulwark.com for publishing my latest analysis of the leaked responses to a Project 2025 questionnaire for government jobseekers.

Contra Sam Haselby, Pat Buchanan is not a “marginal figure.” The folks running the government appear to be his acolytes.
www.thebulwark.com/p/the-trump-...

The Trump Admin Appointees Who Love Buchanan and Bukele

A leaked Project 2025 questionnaire database appears to reveal the books, thinkers, and dictators some Trump appointees most admire.

www.thebulwark.com

1 20 42

Chance Phillips @chancephillips.bsky.social · 27m

(Sagely) Joan Robinson talked about this.

“Every demand depends upon every other price. If the mat makers are exceptionally heavy drinkers, the demand for liquor will be high on the days when they have been lucky.”

Chance Phillips @chancephillips.bsky.social · 10h

My wholly uninformed opinion is that athletes for whom success was more natural are just less aware of how great coaching can help people succeed. Folks for whom their coaches were more important may be able to transfer those experiences to being good coaches/managers more easily.

Chance Phillips @chancephillips.bsky.social · 12h

I'm not saying that Nixon was not actually president when the war began to end. I'm saying that it is a mistake to give a burglar any credit for ending their robbery.

Chance Phillips @chancephillips.bsky.social · 12h

Like, if you repeatedly delay/sabotage peace talks, as Nixon did, while illegally expanding the scope of the war and turning it into even more of a quagmire, I don't think you should actually get any credit for overseeing that war's eventual end.
www.politico.com/magazine/sto...

When a Candidate Conspired With a Foreign Power to Win An Election

It took decades to unravel Nixon’s sabotage of Vietnam peace talks. Now, the full story can be told.

www.politico.com

Chance Phillips @chancephillips.bsky.social · 12h

I don't think Nixon should be praised for ending the Vietnam War either!
www.bbc.com/news/world-a...

Henry Kissinger's Cambodia legacy of bombs and chaos

Henry Kissinger died aged 100 this week. His policies caused widespread destruction in Cambodia.

www.bbc.com

2 1

Chance Phillips @chancephillips.bsky.social · 1d

Well I can't argue with that.

Chance Phillips @chancephillips.bsky.social · 1d

If there was a race of aliens of equal intelligence to humans, who wanted to eat humans but could trivially be prevented from doing so, would it be acceptable to eat them in turn?

2 5

Reposted by Chance Phillips

Joey Politano🏳️‍🌈 @josephpolitano.bsky.social · 2d

my life is that I record a podcast episode all about tariffs and leave the booth just to find out there are more tariffs

Beginning November 1st, 2025, all Medium and Heavy Duty Trucks coming into the United States from other Countries will be Tariffed at the Rate of 25%. Thank you for your attention to this matter!

110 320 2.3K

Chance Phillips @chancephillips.bsky.social · 5d

The specific quote appears to be on pages 40 and 41 of the second volume, in the essay titled “The Philosophy of Prices”: archive.org/details/coll...

(The whole essay/collection is also a fun read of course.)

collected economic papers : joan robinson : Free Download, Borrow, and Streaming : Internet Archive

archive.org

Chance Phillips @chancephillips.bsky.social · 5d

An earlier (IIRC) version of the paper/argument that the quote is from can be found at the link below. But it's not quite as direct. onlinelibrary.wiley.com/doi/abs/10.1...

Some Reflections on the Philosophy of Prices

Click on the article title to read more.

onlinelibrary.wiley.com

Chance Phillips @chancephillips.bsky.social · 5d

distribution of property, which is quite arbitrary from either an economic or an ethical point of view, and the manipulation of prices can be used as a corrective to the maldistribution of income.’’

Chance Phillips @chancephillips.bsky.social · 5d

Joan Robinson in a volume of her Collected Economic Papers series: “The case for pricing according to market demand is very much stronger in a socialist society than in a capitalist one, for in the capitalist society the distribution of purchasing power between families depends largely on the ...

Reposted by Chance Phillips

Alabama Political Reporter @alreporter.com · 5d

Rep. Chris Pringle said a group of deer hunters who use dogs threatened his property, leading him to vote against rules limiting dog-assisted hunting.

Lawmaker says group threatened to burn his home, land over dog deer hunting

Rep. Chris Pringle said a group of deer hunters who use dogs threatened his property, leading him to vote against rules limiting dog-assisted hunting.

www.alreporter.com

1 3 6

Chance Phillips @chancephillips.bsky.social · 6d

Thanks for clarifying!

Chance Phillips @chancephillips.bsky.social · 6d

Only one of the victims who was apparently shot by the police died. The other is currently in hospital.

Is there other reporting to the effect that another one of the people who was killed had their death also caused by the police?

1 2

Chance Phillips @chancephillips.bsky.social · 6d

The numbers end up being quite close if you’re looking at quarters, but it’s not *just* division/arithmetic, per my understanding.

(Apologies if I’m misinformed!)

Chance Phillips @chancephillips.bsky.social · 6d

www.dallasfed.org/research/bas...

Federal Reserve Bank of Dallas

As part of the nation's central bank, the Dallas Fed plays an important role in monetary policy, bank supervision and regulation, and the operation of a nationwide payments system.

www.dallasfed.org

Chance Phillips @chancephillips.bsky.social · 6d

This isn’t how annualized growth works, is it?

Isn’t annualized growth the rate that the economy would grow if it continued at the current rate? So there is compounding and if the economy grows 1 percent in a quarter, the annualized rate is ~4.06 percent, not 4 percent.

1 1

Chance Phillips @chancephillips.bsky.social · 6d

Are you telling me that Trump was fine with/approved of Project 2025 when he told the press he didn't know about it? And that Project 2025 contributors & fans were the folks chosen to staff his second admin? I'm shocked, shocked I tell you!

Well, not that shocked.
www.thebulwark.com/p/the-trump-...

7 23

Chance Phillips @chancephillips.bsky.social · 7d

To be honest, I'm shocked by this incredible show of bad faith on your part, Mr. Primary School /j

1 3

Chance Phillips @chancephillips.bsky.social · 7d

Hey now, she says calling Sliwa "someone who is going to represent the community, our people and every single New Yorker" and "the best candidate for us…. the people’s mayor… who is going to fight for you" wasn't an endorsement!

1 7

Chance Phillips @chancephillips.bsky.social · 9d

Essentially irrelevant to your appreciation for EA's past but possibly amusing: As a (basically) non-gamer, I keep reading these discussions about EA's legacy as discussions about effective altruism until I'm at least a couple sentences in.

Chance Phillips @chancephillips.bsky.social · 9d

Here’s Bruenig replying to other Matt @besttrousers.bsky.social on The Bad Site.

1 1 16

Chance Phillips @chancephillips.bsky.social · 9d

The Argument is based on Substack. On Substack, "guest posts" are tied to people's Substack accounts, and Bruenig's Substack profile pic is presumably the same as his profile pic on Twitter.

1 2

Chance Phillips @chancephillips.bsky.social · 9d

I can't speak to The Argument, but that's rarely how titles on pieces work. (But I have had editors let me sign off on titles in the past of course.)

3 4