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Krugman: "Europe needs to overcome its learned helplessness and act like the great power it is — especially given America’s apparent determination to destroy the pillars of its own strength."

The White House I didn't know that America First means the American President preventing bad things from happening to Russia.

this is a very striking admission. even if you already suspected Trump was going out of his way to help Putin, it's weird as hell for him to just blurt that out.

wow

So, Musk has now admitted he funded a man he believes to be a pedophile to be president. And Trump has now admitted that he gave access to high level government secrets to a man he believes to be a big time drug addict. This should be *the* story on the Sunday shows tomorrow.

The Russians are trolling Trump. (Captions: "How Trump imagined his parade / What he actually saw")

We were able to reach R2D2 for comment: "beep boop" (Did Iran seriously copy the Death Star flaw for their nuclear facility?)

📣 Fresh "Spatial Economics for Granular Settings" at jdingel.com w/ new results: - Analytical results about overfitting and idiosyncrasies in special cases - SVD approximation is better than we realized - Code for main-text exhibits at github.com/jdingel/Dingel…

It's nice to see Elon actually caring about batteries and EVs again. but I don't think anyone should ever forgive him for putting USAID in the "woodchipper" (his term)

After 60 years of tariff-free trade in the auto industry, it seems clear that North America will now have large tariffs. Keith Head, T Mayer Sciences Po, Vincent Vicard & @PaulineWibaux report on the impact these tariffs will have on the auto industry. ow.ly/5R5a50WiQwC #EconTwitter

I despair for the UK. No country has better fundamentals to profit from the current global mess, so why is Oxbridge not a rival to Silicon Valley? Every one of its problems—from Heathrow to housing, from small boats to the deficit, from the NHS to the explosion in welfare—is

We run a surplus with Brazil. In case anyone was wondering whether there is even that (deeply misguided) rationale for the tariff. These tariffs are about holding countries, industries, and American consumers hostage to whims of a mercurial Administration.

Have we just completely abandoned the idea that tariffing authority belongs to Congress? It's literally in the Constitution. What are we even doing here

Italy's leading magazine with a bold cover this week: a call for a United States of Europe. "There's no room for 27 weak voices in Europe [..] To impose itself on the chessboard, the EU has one option; to realize a true political Union"

Nucor Corporation (the largest steel producer in the U.S.) has raised its price for hot-rolled coil to $910 per ton for all producing mills. That same price was $670 at the start of 2025.

Kevin Hassett has always come across as a very nice person. I almost feel bad for him, having to defend the indefensible tariffs on Brazil. There's no legal authority and he more or less acknowledges that.

Yes. Writing is not a second thing that happens after thinking. The act of writing is an act of thinking. Writing *is* thinking. Students, academics, and anyone else who outsources their writing to LLMs will find their screens full of words and their minds emptied of thought.

what's an interviewer supposed to do when confronted with such a series of stupid answers?

Here we make the case against "deals" with the US in favour of counter-tariffs. ifw-kiel.de/publications/a…

Niall Ferguson Niall and others. Please do your homework. Do the following. Ask to receive the list of working papers from the NBER; it comes out once or twice a week. And discover, to your surprise, the degree to which researchers explore new ideas, deal with current issues, and how it has