Lightnews — Scholar-powered news

Reposted by Thomas Masterson

Carl Quintanilla @carlquintanilla.bsky.social · 2h

#WarRavagedPortland

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Keith W. Dickinson @keithwdickinson.bsky.social · 2h

Today is a day when arts degrees are worthless, but the product of those degrees is so valuable it would kill an entire industry if they were made to pay for it.

The Verge @theverge.com · May 26

Nick Clegg says asking artists for use permission would ‘kill’ the AI industry

Paul McCartne, Elton John and others signed an open letter.

buff.ly

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Pavlina R Tcherneva @ptcherneva.bsky.social · 21h

I look forward to returning to Franklin & Marshall College to give the Will Lyons Memorial Lecture on Thursday, Oct 9.

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Pavlina R Tcherneva @ptcherneva.bsky.social · 18h

🏛️ Pleased to launch our new Capitol Hill Series.

We're convening congressional staffers, policymakers, and the public to examine critical economic issues with a distinguished panel of experts.

Registration is required.
Save your spot and join us in DC. connect.bard.edu/register/Lev...

Levy Institute @levyecon.bsky.social · 19h

As debates over monetary policy and central bank independence intensify, Levy is bringing the discussion to Capitol Hill with the launch of our new series.

Join us Nov 19 for "Rethinking the Federal Reserve’s Policy Framework and Independence."

connect.bard.edu/register/Lev...

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Thomas Masterson @thomasmasterson.bsky.social · 22h

Impact assessment of Ireland's basic income grants for artists: "for every €1 of public money invested in the pilot, society received €1.39 in return" Also, artists were less likely to feel they can't make ends meet, and spent more time making art.
assets.gov.ie/static/docum...

assets.gov.ie

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Levy Institute @levyecon.bsky.social · 1d

Out now, from the Global Money Talk podcast, Sr. Scholar L. R. Wray discusses myths surrounding government finance and the irrationality of the 2% inflation target.

Listen: www.youtube.com/watch?v=jLZD...

2% inflation is completely Irrational | Prof. L. Randall Wray

YouTube video by Global Money Talk

www.youtube.com

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Mike Sowden @mikeachim.bsky.social · 1d

Damn. This is amazing. £325 per week, paid monthly, for 3 years - and the result was a profit for the Irish economy:
www.citizensinformation.ie/en/employmen...

Post from Threads user rodneyowl: "Ireland has declared the Basic Income for Artists scheme permanent. This will be officially announced in tomorrow’s budget. Details to follow. Congratulations to all who fought for it and the present and future artists of all sorts in Ireland. That includes me 👌We’re just comin to the end of a 3 year pilot scheme. It’s been a roaring success. For every €1 paid out to the 2000 participants, the government got €1.46 back. Can’t argue with that. Other countries are already taking note."

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JW Mason @jwmason.bsky.social · 1d

As the brilliant Michael Kinnucan points out, it's more than a bit strange that there's a debate over whether New York can afford universal childcare. New York already has universal childcare! Every single child is cared for by somebody. Small children are never left home all day by themselves.

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Schnorkles O'Bork @schnorkles.bsky.social · 2d

No ACA plans because premiums are too high, no disability, no food stamps. Oh also we closed all the hospitals.

RIP rurals.

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Mark Copelovitch @mcopelov.bsky.social · 1d

👇🎯 This is how governing works in literally every actual democracy around the world. If you don’t have the votes, it’s up to you to make concessions to the minority parties. It’s not their job to save you from your responsibility to govern by giving you things you don’t have the votes for already.

Kevin M. Kruse @kevinmkruse.bsky.social · 1d

Sounds like Republicans ought to get all the Republicans who form the Republican majorities in the Republican-led House and the Republican-led Senate together to pass the budget that Republicans wrote with the Republican White House and that Republicans now insist absolutely must be passed.

Aaron Rupar @atrupar.com · 1d

Sean Duffy says the safety of the air traffic control system will start being impacted next Sunday if the shutdown continues

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The Associated Press @apnews.com · 3d

FACT FOCUS: Democrats did not shut down the government to give health care to illegal immigrants.

FACT FOCUS: Democrats did not shut down the government to give health care to 'illegal immigrants'

This is false. Democrats say they are pushing for the inclusion of key health care provisions in the next congressional spending package.

bit.ly

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Levy Institute @levyecon.bsky.social · 5d

"[This is] another look at the weakening labor market..."

Listen to Institute President @ptcherneva.bsky.social on yesterday's Marketplace report: recent ADP data indicate a loss of 32,000 private jobs in September.

www.marketplace.org/story/2025/1...

ADP reports private sector shed 32,000 jobs in September

The payroll processing firm found in its latest National Employment Report that the labor market just keeps going downhill, with most of the job losses hitting small and medium-sized business the hard...

www.marketplace.org

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Levy Institute @levyecon.bsky.social · 4d

Government shutdowns add new challenges for monetary policy. Levy Scholar Yeva Nersisyan explains to ABC News how this could shape the Fed’s next moves.

Read now: abcnews.go.com/Business/gov...

Government shutdown halts release of economic data. The Fed may be 'flying blind' on interest rates, experts say.

The shutdown could prevent the release of a jobs report on Friday.

abcnews.go.com

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Kevin M. Kruse @kevinmkruse.bsky.social · 2d

Remembering when Chris Rufo insisted that Disney was a thoroughly corrupt institution because it had a small number of employees arrested on CSAM and sex trafficking charges and I replied, well, let's use that standard for Republicans, and he blocked me before I could finish the thread.

JLRay @jlray.bsky.social · 2d

A Texas megachurch pastor and GOP leader has been arrested for crimes against children. Not Robert Morris, a different one. Not Josiah Anthony, a different one. Not Luke Cunningham, a different one. Not Tony Evans, a different one. Not Scott Crenshaw, a different one. Not Steve Lawson, a different o

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Don Moynihan @donmoyn.bsky.social · 3d

Genuinely crazy how much we went from debates about body cams to "is the camera rolling? good. now watch me assault this dude."

Daniel Connerton @lordnad.bsky.social · 3d

@govpritzker.illinois.gov

37 and Kedzie, East Garfield, Illinois.

This is assault.

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Sarah Taber @sarahtaber.bsky.social · 9d

This farm bailout situation is so breathtakingly foolish, it's hard to know where to start.

The US farm sector has been so insulated from the consequences of its own actions for so long. Is it even capable of learning from its mistakes at this point?

The Tennessee Holler @thetnholler.bsky.social · 9d

🧑‍🌾 @timmiller.bsky.social on the Trump FARMER BAILOUT: “Tariffs caused a trade war, farmers can’t sell… and now you and I will have to pay them. The stupidest policy I think I’ve ever seen. A land speed record for policy disaster.”

The very tariffs he said would help them are killing them.

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Senator Reverend Raphael Warnock @warnock.senate.gov · 6d

I was sent this by a Georgian this morning. 2025 premiums vs 2026 premiums for someone making $65k a year.

Republicans in Washington did this.

This is what I'm fighting to stop. This is what’s at stake in this shutdown fight.

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Stephen Nuñez @socio-steve.bsky.social · 6d

The worst part is how easily this frame is exploited by the right. Since second order effects > first order effects can be deployed against all sorts of reform proposals. "Ah ha, but your reform will do nothing at best and may actually make things worse (I won't provide specific numbers tho"

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Dana Houle @danahoule.bsky.social · 8d

It works on so many levels…

PatriotTakes 🇺🇸 @patriottakes.bsky.social · 8d

Pete Hegseth accidentally flipping a skateboard into his nuts on live TV

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Secretary of Defense Rock @sodrock.bsky.social · 7d

Lol

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Don House @donniemarvelous.bsky.social · 8d

David Cross folks.

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Zach Weinersmith @zachweinersmith.bsky.social · 7d

Why is it called the Department of War and not the Department of Ultimate War-Man Warring? Are we losing our edge? Can we get truck nuts on the tanks, perhaps?

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Tim Onion @bencollins.bsky.social · 7d

If you want some solace, and this may be copium, it does appear this shit bombed.

The Tennessee Holler @thetnholler.bsky.social · 8d

“To our enemies: FAFO”

(holds for applause that doesn’t come)

Cringey awkward moment as Hegseth summons all 🇺🇸 generals to hear him do a one-man show about how strong we are

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Thomas Masterson @thomasmasterson.bsky.social · 8d

Not surprising:
theconversation.com/ending-taxes...

Ending taxes on home sales would benefit the wealthiest households most – part of a larger pattern in Trump tax plans

Most sellers already pay no tax, so the proposal’s benefits would flow to the richest.

theconversation.com