Peter Gratton
banner
petergratton.bsky.social
Peter Gratton
@petergratton.bsky.social

Peter Gratton, PhD, is an editor at Investopedia, book author, and professor of philosophy. He covers political theory, technology, finance, and political economy. Views are definitely my own.

Philosophy 31%
Political science 24%

The FT had a lovely piece on prediction markets offering "bonds"—near certainties for easy wins, even if just a few percentage points. Anyway...

This NBER used internal data to show that, yup, ICE isn't arresting criminals, taking data from 2015 to 2025 to show the differences today. www.nber.org/papers/w34794
ICE Arrests across Trump's First and Second Terms: Variation in Targeting, Method, and Geography
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...
www.nber.org

Yeah seriously. I thought I was being gaslit by this.

1/ ProPublica collected handwritten letters in mid-January from children held at the Dilley Immigration Processing Center, the same facility where 5-year-old Liam Conejo Ramos was taken.

Hundreds of kids are still detained.

We’ll let the children’s words speak for themselves. 🧵

Previous eras of ethics classes: “Let’s dig into the subtleties and why this proves a tough case for utilitarians, deontologists, or what have you.”

Today: “That’s wrong. Really wrong. Doesn’t even matter the ethical framework. Not even close.”

Another lesson in “pay attention to the footnotes.”

Ok but it’s theology school Continental philosophy, which is like the kind of coke with actual cocaine.

The Times gathered experts and asked them a comparable technological change to AI. Amazing to be the guy who is like “how does one measure a God? There’s no possible comparison.”

"World Class Bastion"—just say "WWE Wrestling Ring."

They don't even have be to good ones!

Reposted by Peter Gratton

The difference between a linguist and a normal person is that a normal person thinks that Chomsky should’ve stuck to linguistics and a linguist thinks he shouldn’t have done that either

Oh wow. I was on team “it’s real” but “popularized Greek yogurt” gives me pause.

Reposted by Peter Gratton

Told ya.

Kevin Warsh’s nomination as Fed chair to spark rethink of bank’s role - www.ft.com/content/5c1a...

Reposted by Peter Gratton

"After using his knowledge of decision-making and behavioral economics to convince his girlfriend to marry him" would have been a serious contender for top 20 worst sentences in the Epstein files but somehow it's on a university website instead

I haven’t looked yet, but what happens with the Fed chair in that case? They just stay on?

Reposted by Peter Gratton

What a drive-by from @chrisgiles.ft.com! "In his first term, Trump thought the then 47-year-old former Fed governor was too youthful and good looking to command respect. Eight years on, that has all changed." www.ft.com/content/167c...
Kevin Warsh will pivot Fed to conviction economics
Trump’s choice of chair will shift from Powell’s data-dependent approach to policy
www.ft.com

Reposted by Peter Gratton

this idea that the Warsh headlines have sent the dollar *soaring* and that's what's behind today's gold/silver bloodbath is, i'm afraid, bollocks.
meme stock on the way up, meme stock on the way down
"soaring" dollar highlighted to the right here

By the unitary executive theory, he’s suing himself.

Reposted by Peter Gratton

How I'm signing my emails from now on
NPR @npr.org · 10d
President Trump is suing the IRS and Treasury Department for $10 billion, accusing them of failing to prevent a leak of his tax information to news outlets. n.pr/4q8kRjM
Trump sues IRS and Treasury for $10 billion over leaked tax information
President Trump is suing the IRS and Treasury Department for $10 billion, accusing them of failing to prevent a leak of his tax information to news outlets.
n.pr

Almost like they want to be secret police.

Quick rebuttal: no they're not. I'm writing about the grift society, but don't blame Gen Z—evidence is wanting to be influencers (dubious career choice, yes, but no worse than "make it in Hollywood?") and more are investing (but no mention they have retirement accounts way earlier).
Gen Z is playing the economy like a casino
The American dream is about hoping for a big break after taking bigger risks.
www.axios.com

Reposted by Peter Gratton

I'm seeking to connect with writers in or near Springfield, Ohio. Please feel free to email me at adam @ liberalcurrents dot com, or connect with me on signal
I will simply never recover from reading this sentence:

"Since Georgia implemented work requirements in 2020, they have spent twice as much on Deloitte consultants and administrative costs as on healthcare for people."
Today, Luke Farrell (@lukef.bsky.social) explains how complex eligibility requirements have turned America’s safety net into a lucrative revenue stream for monopolistic private contractors.
The Means-Testing Industrial Complex
As Republicans tightened work requirements and eligibility rules for Medicaid and SNAP last year, Equifax’s CEO openly celebrated the profits to be made from administering this deprivation.
lpeproject.org
Ilhan Omar is an American hero. www.nytimes.com/live/2026/01...

Well we need to distinguish between the ones that go up the Swiss Alps and those used for the Sudtyrol.

Reality is not subtle.