Chance Phillips
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chancephillips.bsky.social
Chance Phillips
@chancephillips.bsky.social
A student in the economics PhD program at UMass Amherst.
Recreationally reading: Harry Jaffa’s Crisis of the House Divided
Most bylines in @alreporter.com and @liberalcurrents.com
Substack: someconvenienttree.com
It’s mildly interesting to see Pareto arguably praised/called for what economists would call natural experiments today: “the only thing we can do is to see whether we can find in a natural state in space and time those experiments which cannot be performed artificially.”
November 20, 2025 at 1:38 PM
It was quite literally a major controversy surrounding the Clint Eastwood movie Richard Jewell!
November 18, 2025 at 12:31 PM
Is... is this anything?
November 13, 2025 at 1:24 PM
I’m asking because Ricardo appears to specifically allow for mobility of capital across borders, only mentions quantities of labor and not wages in his analysis, and applies the same logic to a two person shoe and hatmaking example in a footnote.
November 13, 2025 at 1:50 AM
He’s in a ton of the documents spanning years too, including giving advice to Epstein on how to handle the press (House Oversight 022669).
November 12, 2025 at 8:45 PM
“Let me know if there’s anything I can do” about the lawsuit over you and Trump allegedly raping someone, Mr. Epstein — Michael Wolff
November 12, 2025 at 8:15 PM
It is absolutely insane that Michael Wolff was actively advising Jeffrey Epstein on how to avoid negative press for years and years.
November 12, 2025 at 6:49 PM
I’m curious how many of their sales today will be to Zohran supporters.
November 5, 2025 at 2:15 PM
Yes, and also celebrated neo-Nazis being killed on what I presume he thought was an anonymous account.

www.reddit.com/r/HistoryPor...
October 25, 2025 at 4:01 PM
Assuming this is a reference to/inspired by Platner, he already had traction before Sanders’ endorsement
October 22, 2025 at 2:21 AM
After 10 days there, she escaped and exposed the cruel treatment of its inmates. In other pursuits, she jumped off ferry boats to test the readiness of rescue teams (they didn't do very well, but she survived), and she posed as a young immigrant to expose fraudulent employment agencies.” — Baldasty
October 19, 2025 at 1:51 AM
I began reading one volume of a collection of his essays and other writings the other day, after only reading Homage to Catalonia and Animal Farm, and am quite impressed. Orwell can write!

I’m jotting down turns of phrase and sentences of note as I read.
October 12, 2025 at 7:52 PM
Used bookstores in college towns are invariably better than used bookstores in cities without a large university.
October 10, 2025 at 4:42 PM
(Sagely) Joan Robinson talked about this.

“Every demand depends upon every other price. If the mat makers are exceptionally heavy drinkers, the demand for liquor will be high on the days when they have been lucky.”
October 9, 2025 at 12:39 PM
Here’s Bruenig replying to other Matt @besttrousers.bsky.social on The Bad Site.
September 29, 2025 at 10:03 PM
People frequently ignore Madison’s comments on the tenure of the comptroller, which imply Congress could determine the tenure of certain officers. “There may be strong reasons why an officer of this kind should not hold his office at the pleasure of the executive branch of the Government.”
September 22, 2025 at 10:54 AM
So a monopoly that wants to sell a specific quantity can change the price s.t. utility maximizing consumers then decide to purchase that chosen quantity. No ideas about bargaining power necessary really!

And here’s a relevant footnote from the micro book we use at UMass btw that may be of interest.
September 18, 2025 at 6:44 PM
That's not how I read Marshall's exposition of the law of demand for instance

"The greater the amount to be sold, the smaller must be the price at which it is offered in order that it may find purchasers"

At least this snippet (ch.III, book III of Principles of Economics) reads the exact opposite.
September 18, 2025 at 6:27 PM
A relevant couple pages from Joan Robinson’s The Economics of Imperfect Competition (highlights are mine, underlines are from the scan).
September 18, 2025 at 5:58 PM
“Mr. Lincoln ... pretends that this scriptural quotation, this language of our Lord and Master, is applicable to the American Union and the American Constitution”
(Screenshot and quote taken from Douglas’ opening speech in the third debate.)
www.nps.gov/liho/learn/h...
September 4, 2025 at 9:13 PM
Jaffa argues in Crisis of the House Divided that *Stephen Douglas* supported Manifest Destiny—which Schmitt praised in his horrific speech—because Douglas believed American institutions could span the western hemisphere and spread republicanism and self-governance.
September 3, 2025 at 1:01 AM
Sen. Benjamin Wade introduced an amendment to the Fourteenth Amendment on the grounds that Sen. Fessenden implied(!) that not everyone born on American soil had always been born a citizen, and specifically said the children of diplomats would be the only exemption.
September 1, 2025 at 2:27 PM
Just a fantastic graf from @mattbruenig.bsky.social’s half of The Argument’s first “Mad Libs” debate column.
August 21, 2025 at 4:38 PM
Also, saying you “just wanted to be her friend” after handing a reporter a wad of cash when that journalist was refusing what she thought to be a *bag of potato chips* is insane as well.
August 21, 2025 at 12:13 AM
August 18, 2025 at 2:38 AM