Lightnews — Scholar-powered news

Nick M. Velli @archroadkill.bsky.social · 8h

There is plenty of media people that can't get enough of Milei, either, and not just the usual right wing suspects

Reposted by Nick M. Velli

t0ussaint @t0ussaint.bsky.social · 20h

the chart of argentina's currency is so crazy its hard to believe that when trump took office the first time, the peso was near 15, now in his 2nd term, its near 1500 peso to the dollar. the current leader did this, but the finance world loves the 'libertarian' and #1 IMF debtor nation #econsky

2 8 11

Nick M. Velli @archroadkill.bsky.social · 8h

Let's keep on winning, boys

Reposted by Nick M. Velli

Sean Brodrick @seanbrodrick.bsky.social · 14h

The delinquency rate on subprime loans (loans to borrowers with below a 660 Vantage score) jumped to 8.3% in September. This is the highest delinquency rate in September since 2010 in the immediate wake of the Global Financial Crisis. #EconSky

6 20 43

Reposted by Nick M. Velli

Centre for European Reform @centreeuropeanref.bsky.social · 13h

EU #competition policy should take into account how mergers can facilitate global competitiveness and innovation.#econsky

New by @aslak.bsky.social, @elisabettaco.bsky.social, @zach-meyers.bsky.social
& @sandertordoir.bsky.social

Read here: buff.ly/GXE1cuL

1 3

Nick M. Velli @archroadkill.bsky.social · 21h

We're now down to not seating elected members of the House to prevent the release of these files. Something pretty damning must be in there.

Reposted by Nick M. Velli

t0ussaint @t0ussaint.bsky.social · 1d

Trump administration's policies could decrease the U.S. labor force by 6.8 million by 2028 and 15.7 million by 2035, according to the NFAP analysis, leading to cumulative GDP fall of $1.9 trillion from 2025 to 2028 and $12.1 trillion from 2025 to 2035.
#econsky www.newsweek.com/us-economy-r...

US Economy Report Sounds Alarm for Donald Trump

The administration's policies could decrease the U.S. labor force by 6.8 million by 2028 and 15.7 million by 2035, according to the analysis.

www.newsweek.com

1 6 16

Reposted by Nick M. Velli

Aozora @aozorasf.bsky.social · 1d

This is who is paying for the destruction of the White House East Wing, per @wsj.com

Altria Group Inc.
Amazon
Apple Inc.
Booz Allen Hamilton Holding Corp.
Caterpillar Inc.
Coinbase Global
Comcast Corp.
Hard Rock International
Google
HP Inc.
Lockheed Martin Corp.
Meta Platforms Inc.
1/3

110 1.3K 1.8K

Nick M. Velli @archroadkill.bsky.social · 1d

What does that mean? Oil demand isn't rising afaik

Nick M. Velli @archroadkill.bsky.social · 1d

That's the trickle down economy. Crazy that we have let it go on for this long. But hey, people keep voting for the party that invented this concept so maybe they like it

3

Nick M. Velli @archroadkill.bsky.social · 1d

Sounds a bit like there's a period of withdrawal symptoms after quitting cold turkey but then things improve. Interesting

Reposted by Nick M. Velli

The Tennessee Holler @thetnholler.bsky.social · 1d

🧑‍🌾 FARMER: "MAGA now means Make Argentina Great Again — as China buys soybeans from Argentina, the same country Trump sent ($40 BILLION)… A bailout is like putting a Band-Aid on a bullet wound. We don't want a bailout. We want markets for our crops."

76 350 870

Reposted by Nick M. Velli

VoxEU @ CEPR @voxeu.org · 1d

Xueyue Liu, Yu Liu, Alexey Makarin, & Jaya Wen study whether export controls accelerate #innovation in targeted rivals using the US’ 2007 ‘China Rule’ as a case study. They find strong evidence of Chinese domestic innovation response.
cepr.org/voxeu/column...
#EconSky

Graphs showing the response of Chinese firm innovation to export controls. The left panel shows any R&D expenditure and the right panel shows any new patents. Notes: The specification includes firm fixed effects, county-by-year fixed effects, and interactions of pre-period firm characteristics with year fixed effects. The pre-period characteristics include average pre-2007 firm sales growth, R&D spending, patent counts, and inventor counts. Standard errors are clustered at the firm level. The bars represent 95% confidence intervals. Source: Liu et al. (2025), Figure 3 (a) and (b).

A key debate surrounding export controls is whether they accelerate innovation in targeted rivals. This column studies this question using a set of US export controls, the 2007 ‘China Rule’, by comparing sanctioned goods with goods just excluded from the policy. It finds that the policy reduced Chinese imports of restricted goods. It also finds strong evidence of a domestic innovation response: Chinese firms cut off from US inputs substantially increased R&D spending and patenting, and upstream Chinese suppliers of similar products to exposed firms increased patenting in related technologies.

2 7

Reposted by Nick M. Velli

VoxEU @ CEPR @voxeu.org · 1d

@kclausing.bsky.social and Maurice Obstfeld evaluate #tariffs as a broad tool of fiscal policy and conclude that, combined with the large income tax cuts, Trump’s tariffs will leave most Americans worse off.
cepr.org/voxeu/column...
#EconSky

A graph of US effective tariff rates measured as customs duties relative to total spending on goods imported, 1929-2025. Note: Actual revenues may be lower than those implied by this rate due to myriad exemptions.
Source: Data on customs and imports are from the US Bureau of Economic Analysis. The 2025 tariff is from Budget Lab (2025a).

In 2025, the US government underwent a large fiscal switch, with Congress enacting large income tax cuts and the second Trump administration putting new tariffs on goods at levels not seen in the US since the Great Depression. This column evaluates tariffs as a broad tool of fiscal policy, reviewing both tax policy and macroeconomic considerations, and concludes that this fiscal switch will leave most Americans worse off.

1 20 32

Reposted by Nick M. Velli

European Association of Labour Economists @eale-office.bsky.social · 1d

🎉 EALE is now on Bluesky!
Follow us here for updates, news, and everything related to the European Association of Labour Economists.
We look forward to connecting with you in this new space!

#EALE

1 9 22

Reposted by Nick M. Velli

George Conway 🇺🇸🚫👑🐸 @gtconway.bsky.social · 2d

930 7K 15K

Reposted by Nick M. Velli

Physicians for a Healthy Democracy @physiciandemocracy.medsky.social · 2d

newrepublic.com/post/201625/...

Memo to Future Historians: This Is Fascism, and Millions of Us See It

From Chicago to Portland, James Comey to Letitia James, and so much else—this is no longer America.

newrepublic.com

31 320 940

Nick M. Velli @archroadkill.bsky.social · 1d

No Twitter was designed to be the place that keeps him as dumb as he is forever

15

Nick M. Velli @archroadkill.bsky.social · 1d

The problem is when the next election day rolls around half the country forgets about this and mumbles something about god, gays, guns and the elites. And next thing you know they lose their health care and blame immigrants.

1

Nick M. Velli @archroadkill.bsky.social · 1d

Twitter and social media in general is full of these 20-something whiners that make themselves important trashing Obamacare as if they had ever seen the world before it. You wanna improve it? Go right ahead. You don't? Fuck off.

5

Reposted by Nick M. Velli

Union Gang HQ @usarmyoverlord.bsky.social · 2d

Tip of the Spear! No Kings Washington DC!

20 160 810

Nick M. Velli @archroadkill.bsky.social · 1d

Imagine being such a miserable lowlife that you create a fake video with a bunch of "gangsters" and then posture in front of it swinging your little weenie about how tough you are. Now imagine being all that and getting paid by the government to do it.

Nick M. Velli @archroadkill.bsky.social · 1d

No comment.

Colleen @gracie87.bsky.social · 2d

1

Nick M. Velli @archroadkill.bsky.social · 1d

How did I miss this gem until now

1

Reposted by Nick M. Velli

George Conway 🇺🇸🚫👑🐸 @gtconway.bsky.social · 2d

330 6K 23K