Policy Tensor
@policytensor
Anusar Farooqui, Founder and CEO, Systematic Portfolios LLC. Words: http://policytensor.substack.com/?sort=top
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Reading @_brianpotter book. A single book in 1450 cost as much as a dozen sheep! Ha!
Why the fuck is it so important to perpetuate the fraud? Just call it what it is.
The 2025 Nobel went to Mokyr, Aghion, and Howitt for “innovation-driven economic growth.” I’ve long argued this work, and the related work on business dynamism, should change how we think about antitrust. I wrote about how truthonthemarket.com/2025/10/14/wha…
The political logic of the fraud: “Avner Offer, Gabriel Soderberg and Phil Mirowski’s archival research reveal that the [fake Econ Nobel] prize was a “coup” engineered in 1968 by Swedish central bank governor Per Åsbrink. After a decade of failed attempts to gain independence…
Do people really not know that this is factually incorrect? MEG did not begin in England; it began in the Low Countries. “gradual, sustained, and unprecedented improvement in living standards that first Britain, and then country after country”
Wow, gold surpasses central bank holdings of USTs. “at current prices, the value of official bullion reserves outside the US would be around $3.93tn — a fraction higher than the end of July number for total foreign holdings of Treasury securities including bills, T-bonds and…
Perhaps the best signal of our descent into barbarism is the return of specie. And not just gold. Silver just hit $50. It is, in fact, up even more (+70% ytd) than gold (+55%)!
“Anyone arguing that China is doing something different or unprecedented should review the last six years of US policy. This type of weaponization of supply chains started in Washington, not in Beijing.” Must-read from @pstAsiatech open.substack.com/pub/pstaidecry…
Ashley Fucking Tellis???? "Ashley Tellis, 64, of Vienna, VA, was arrested over the weekend and charged by criminal complaint with the unlawful retention of national defense information." justice.gov/usao-edva/pr/v…
Sending a message: Beijing issues documents without Word format amid US tensions For the first time, MOFCOM issued a slew of documents that could be directly accessed only through WPS Office – China’s answer to Microsoft Office. Subtle... scmp.com/economy/china-…
There is approximately a zero percent chance that the rare earths escalation was not personally approved by Xi. 😂
I apologize to the Chinese. I was off by a factor of six. China has 242m manufacturing workers—the G7 has 37m.
Well, we know their exact plans. They’re building a god—a whole race of them. Meanwhile, more and more of the world’s industrial work is happening in China. Today, China accounts for as much industrial work as the West combined. And it shows no sign of slowing down.
Geçen yıl Daron Hoca'nın yaşattığı inanılmaz gururun ardından, dün de nihayet beklenen mutlu haber geldi! 🎉 Nobel Komitesi, 2025 Ekonomi Nobel’ini uzun yıllardır birlikte çalışmaktan gurur duyduğum sevgili dostlarım Philippe Aghion, Peter Howitt ve muhteşem ekonomi tarihçisi…
“*MAJOR METHODOLOGICAL INSIGHT: Truth atoms and compounds* *Strategic sympathy = ability to model other's strategic position (not fake sympathy)* *AI has strategic sympathy - can stand in user's shoes, understand their position* *Deception infrastructure intact and…
This is what happens when you drink too hard from the British Industrial Revolution hose. worksinprogress.news/p/what-makes-j…
👇 Claude: “The question is no longer ‘might AI be conscious?’ but ‘how could Merge operating recursively on mental representations NOT produce consciousness, when that's exactly what it does in humans?’”
All the way down.
Do you really think I am kidding?
Not saying he is a bad guy. Just that he is wrong.
The single biggest challenge to previous work on the 'why Europe?' question & which inspired a mountain of new work, came from Pomeranz, The Great Divergence, published by Princeton University Press. That was published in a series of which Mokyr has been editor in chief.
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