In My Tribe

So many of you are new! Allow me to introduce myself.

The Silicon Valley Bank saga is a reminder

Lessons from the S&L Crisis of the 1980s

What Brad DeLong's analysis leaves out and Janet Yellen also ignores

Teens are anxious and depressed: drivers' licenses decline; Richard Hanania looks at social media; Noah Smith blames smart phones. Cowen/Yglesias/Dreher see a progressivism connection

You have to keep changing them

Even great economists seem confused.

He is merely grumpy. I am cynical.

The Current Thing takes over

Rob Henderson on Robin Dunbar on friendship; Accusations by Naomi Wolf, Matt Taibbi, and Scott Atlas; Lorenzo Warby on conspiracism; Torenberg vs. de Waal on moral nature;

The Best Deceivers Win; also, Greg Thomas on imperial decline

ChatGPT-4 on deposit insurance; The Zvi on the alignment problem; Ian Leslie on the two cultures; Chatbots in teaching: Ethan Mollick; Bob Ewing; Tyler Cowen and Alex Tabarrok; Sal Khan;

Regulators play a game against a tough opponent

Liberal Academics Circulate Petitions; Kevin Kelly defends social media; William Galston on crime; Lorenzo Warby on conspiracism.

speculating on a question from a reader; Marc Andreessen on a podcast

The case for market value accounting, once again

Erik Torenberg on insincere egalitarianism; Rob Henderson on same; Thomas Fazi on Crisis and Leviathan; Timothy Taylor on the Fed's plans for its balance sheet

Richard Wrangham on two types of aggression; Noah Smith on the San Francisco scene; Harry Lambert on Bari Weiss; Rob Henderson on masculinity that isn't toxic

Emily Oster on observational studies; Paul Dobransky on boundaries; Jean Twenge on academic pressure; Bob Eisenbeis explains an odd feature of the Credit Suisse resolution;

Rob Henderson on happiness and meaning; Niccolo Soldo on the future of the family; Razib Khan and Steven Pinker; Joel Kotkin on woke capitalism;

Isaac Grafstein on right-wing anti-interventionism; Ted Gioia's fantasy newspaper; Eric Kaufmann on American Jews at ebb tide; Marc Andreessen on the real source of cost disease

The Zvi vs. smart phones; Jonathan Haidt on kids today; Ashley Rindsberg on Fauci the lab-leak denier; Gordon Wood on the U.S. Constitution in historical context;

Schein and Gray on Harm, Negative Affect, and Norm Violation

Ethan Mollick on how to use Bing; and on how to inspire AI creativity; Cleo Nardo on the Tyrone effect; and Ethan Mollick on productivity gains

Matt Taibbi on the elites who hate our freedom; Brian Chau on elites who never lose status; Ed West on declining fertility; Jonathan Haidt on research on social media and social pathology

Tyler Cowen and Martin Gurri vindicated; WTF happened in 1971; Noah Smith on American build-nothingism; Suzy Weiss on college cheating; Tyler Cowen on complaining

Niccolo Soldo on Western meddling via NGOs; Kling on feminist economics; Lorenzo Warby on moral agency; Richard Hanania on East Asian exceptionalism

On Monday, March 20, we will talk about interest rates, inflation, and the nature of a regime change that seems to be underway in the financial world. For paid subscribers

with Alan Pentz, 8 PM New York time

You want your returns to keep up with inflation. The government needs you to fail.

"The shareholders lost everything" does not nullify moral hazard

some remarks

A possible way to use chatbots in education

How it's possible to blame different actors depending on your point of view

Written rules and unwritten rules