Peter Williams
@pd-williams.bsky.social
270 followers 170 following 74 posts

Climbing, skiing, rates’ musing economist

Peter Williams was a prominent leader of Welsh Calvinistic Methodism in the eighteenth century, best known for publishing Welsh-language bibles and bible commentary.

Source: Wikipedia
Physics 20%
Computer science 20%
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Grid scale batteries are changing our electricity system. Excellent new visual story on batteries in FT today shows just how far this technology has evolved.

Fasten your seatbelts, this is just the beginning.

ig.ft.com/mega-batteri...

Cash never lived in greater NYC therefor…

In recent years yes

Haven’t had an electric setup since I first moved to DC 10+ years ago but happiness would be an ES-330 into a Fender

Also that video makes me want to get a 000-style quite badly

The moment begs for a garage band punk (and country?) resurgence

Best of lucky buddy! Am sure you’ll crush it

In fairness 90% of my exercise happens with running shoes or skis on so I very much am too

I don’t see the words “deadlifting” or “carrying heavy crap a long way” anywhere in there. What gives?!??

I feel like having that thought suggests the personality type for whom it likely is irrelevant

This looks absolutely amazing Preston! Heck of trip and route. I have little urge to get into most forms of biking but then I see some awesome bikepacking like this and wonder…

I see that and raise you ‘the chipotle by the Verizon center on a busy night’

We live in a small boom town so big caver but within 1 mile radius of my house there are ~150 SF and a ton of multifam in various phases of construction
This is huge: “A drug that provides near-perfect protection against H.I.V. with shots just twice a year will be made available at $40 per patient annually in low- and middle-income countries, offering new hope… making lenacapavir a realistic choice in countries with constrained resources.”
Philanthropies Strike a Promising Deal to Turn Back H.I.V.
www.nytimes.com

Oh so sorry buddy! I live in knee-related anxiety all fall for ski season’s sake

I think most consider that a completely separate thing

“Structurally we’ve been screwed by (low rates leading to) expensive down payments, now we’re wrecked by the mortgage and the down payment. Job prospects only make that worse not better”

I feel like the Atlantic has done some good writing on this, which is both my cultural prior and one that ties nicely into the story in a way

Source: The Atlantic share.google/A6U485SHqogM...
The New Divide in American Marriage
College graduates are marrying at high rates. Everyone else isn’t.
share.google

Well the answer for a huge swath of the people who are currently most animated on this subject is “I was in college and/or 26”

And it ties into other trends many people inclined to boost this consider negative such as later marriage, the skewed likelihood of marriage by edu & income, and the gap between fertility rates across married vs not couples

Reposted by Peter Williams

Reposted by Peter Williams

Since immigration’s effect on job growth is in the news:
@taraelizwatson.bsky.social & @stanveuger.bsky.social and I explain how breakevens are affected by current immigration policy. There’s lots of uncertainty but my preferred estimates from the paper are in this table.
www.aei.org/wp-content/u...

Without the prior history to add a bit more insight, I wonder if capex in America is more skewed to small but growing firms and the massive cycle winners/definers?

Chart 5 is by far the wildest to me. Despite the sluggishness it’s a better outlook than it had for almost all the post-GFC period!

There’s a couple of these in a group of boulders in the Firehole River in Yellowstone and they make me happy every time I see them

I tend to be more of a slarver than a pretty carver and don’t a super “input required” setup, which is hard to find with mid to lighter weight touring skis

Wanting a new steep/big touring days ski and really pondering a pair of Solis’

Oh but don’t need those chonky sources of joy

Also weaker productivity growth canonically raises the NAIRU (opposite in the late ‘90s), which would apply globally and to US in varying ways
I’ve seen so many people spreading the misinformation that PBS is shut down or is shutting down.

The Corporation for Public Broadcasting has been shut down and PBS has been defunded.

HOWEVER!!! PBS still exists. It is more important now than ever that you donate to PBS if you can.