Ryan C. Smith
@rcsmitheco.bsky.social
Author of, "The Real Oil Shock: How Oil Transformed Money, Debt, and Finance", host of "A History of Capitalism" podcast. Economist & historian, currently #amquerying "The Emerging Energy Revolution" on how renewables+batteries are transforming the world.
That's been true for well over a decade at this point but those, ultimately, are best understood as if/then conditional orders which are set by human operators at the end of the day.
What has me up at night is the thought of those orders & models being mostly or entirely set by bots.
What has me up at night is the thought of those orders & models being mostly or entirely set by bots.
November 23, 2025 at 8:18 PM
That's been true for well over a decade at this point but those, ultimately, are best understood as if/then conditional orders which are set by human operators at the end of the day.
What has me up at night is the thought of those orders & models being mostly or entirely set by bots.
What has me up at night is the thought of those orders & models being mostly or entirely set by bots.
If only it were that easy.
Public goods being powerful economic multipliers isn't a new discovery, it's why the Post Office is mandated in the Constitution. The "problem" is funding said resources means making rich ppl & corpos pay their taxes & reducing their power in society.
Public goods being powerful economic multipliers isn't a new discovery, it's why the Post Office is mandated in the Constitution. The "problem" is funding said resources means making rich ppl & corpos pay their taxes & reducing their power in society.
November 18, 2025 at 7:01 PM
If only it were that easy.
Public goods being powerful economic multipliers isn't a new discovery, it's why the Post Office is mandated in the Constitution. The "problem" is funding said resources means making rich ppl & corpos pay their taxes & reducing their power in society.
Public goods being powerful economic multipliers isn't a new discovery, it's why the Post Office is mandated in the Constitution. The "problem" is funding said resources means making rich ppl & corpos pay their taxes & reducing their power in society.
You know what never delivers numbers like that?
Gutting public services & privatizing their functions.
It is LONG past time for the public & informed individuals to roundly mock & ignore anyone who claims otherwise. They are fundamentally unserious & deeply, aggressively wrong people.
Gutting public services & privatizing their functions.
It is LONG past time for the public & informed individuals to roundly mock & ignore anyone who claims otherwise. They are fundamentally unserious & deeply, aggressively wrong people.
November 18, 2025 at 4:14 AM
You know what never delivers numbers like that?
Gutting public services & privatizing their functions.
It is LONG past time for the public & informed individuals to roundly mock & ignore anyone who claims otherwise. They are fundamentally unserious & deeply, aggressively wrong people.
Gutting public services & privatizing their functions.
It is LONG past time for the public & informed individuals to roundly mock & ignore anyone who claims otherwise. They are fundamentally unserious & deeply, aggressively wrong people.
Because they're doing it in a way that will make it very easy to show the impact of this policy at scale.
November 14, 2025 at 8:45 PM
Because they're doing it in a way that will make it very easy to show the impact of this policy at scale.