braddelong.substack.com/p/briefly-note…

First: Facebook as we know it needs to be shut down. But how do we replace it with something that does what it does without being a similar center for destructive grifting and brain-hacking?:

Brian Stelter: Authors of New Book Depict ‘Facebook’s... 1/
...Dilemma & Its Ugly Truth’: ‘“No Filter” author Sarah Frier, who was tasked with reviewing “An Ugly Truth” for The Times, says the book documents a clear pattern: “The social media behemoth does as little as possible to prevent disasters from happening, then feebly... 2/
...attempts to avoid blame and manage public appearances.” That’s why the back cover of the book cleverly lists the company’s apologias over the years: “I’m sorry.” “We need to do better.” “We need to do a better job.”... Frier wrote in her review.... “Frenkel and Kang...
...faced the challenge of unearthing new and interesting material about one of the most heavily debated communication tools of our modern age. More than 400 interviews later, they’ve produced the ultimate takedown via careful, comprehensive interrogation of every major... 4/
...Facebook scandal. ‘An Ugly Truth’ provides the kind of satisfaction you might get if you hired a private investigator to track a cheating spouse: It confirms your worst suspicions and then gives you all the dates and details you need to cut through the company’s spin”… 5/END

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More from @delong

17 Jul
braddelong.substack.com/p/briefly-note…

First:

This is, I think, 100% correct:

Ken White: ’1. The First Amendment and Section 230 let private companies like Twitter and Facebook choose how to moderate their sites. 2. American free speech rights are exceptional and protect a very large... 1/
...amount of speech many of us would agree is dangerous or harmful. That broad protection helps insulate speech from political and ideological urges to censor. 3. But the government has a leadership function as well as a governing one. Part of leadership is praising good... 2/
...behavior and condemning bad behavior, in hopes that people will do the right thing, without the coercion of law. 4. Facebook has a right to make money off of this alarming and deadly disinformation. But that doesn’t make it the right thing to do. Just as Americans have... 3/
Read 6 tweets
14 Jul
HAPPY BASTILLE DAY!!

braddelong.substack.com/p/document-cha…

"The French Government, after requesting the armistice, has now full knowledge of the conditions dictated by the enemy.

As a result, the French Army, Naval and Air Forces would be completely discharged, our weapons laid down... 1/
...the French territory occupied and the French Government under the control of Germany and Italy.

One can say that this armistice would not only result in capitulation but also in slavery.

However, a large number of French people do not accept the capitulation or... 2/
...the enslavement for reasons that are called honor, common sense and the higher interest of the Nation:

I am talking about honor! Indeed, France is committed to not laying down its weapons unless its allies agree to do so. As long as its allies continue fighting, our... 3/
Read 11 tweets
14 Jul
braddelong.substack.com/p/briefly-note…

First:

I have recently uncovered a substantial hole in my visualization of the Cosmic All:

I understand feudal politics: A network of connections, most vertical, some horizontal, overlapping with kin and marriage ties, allocating resources and... 1/
...support of various kinds. I understand Republican politics: an electorate plus local notables with their client networks Competing to win elections, after which magistrates with various forms of imperium take office and function within some agreed-upon legal structure... 2/
...in attempts to maintain and expand the coalition that elected them and also to accomplish what they think are good policy goals.

But suppose you have politics as the internal workings of a self-replacing and co-opting elite which organizes itself neither according to... 3/
Read 11 tweets
9 Jul
braddelong.substack.com/p/briefly-note…

First:

This, from Andy Slavitt, who was one of the most positive voices in the rolling COVID-19 plague discussion over the past year and a half—well, it stopped me in my tracks. Slavitt said: Delta “is twice as infectious. Fortunately… we… have... 1/
...a tool that stops… Delta… in its tracks… vaccine”.

That does not make much sense to me.

I am told that the way to bet is that Delta as has an R[0] of 8, that mRNA vaccines are 80% protective, and further that they are 80% protective against death conditional upon... 2/
...your getting a case of the plague. And I am told that that is a somewhat cautious bet—that it could turn out that mRNA vaccines are in fact significantly more protective than these “80%” still semi-guesses…

But let’s run with what I have been told…

80% protective... 3/
Read 16 tweets
8 Jul
braddelong.substack.com/p/briefly-note…

This—Gregory Clark: The Secret History of the Industrial Revolution—is an extremely interesting but ultimately, I think, not fully sustainable paper. In it, Greg Clark does the Greg-thing: taking an unsustainable position, turning all his ... 1/
...intelligence and industry to sustaining it, and getting remarkably far. His unsustainable position is that the British Industrial Revolution was not the try of modern economic growth—the 2%/year economy-wide improvements in lab or productivity broadly distributed... 2/
...over sectors that we have seen since 1870—but rather the last two of the post-Medieval discrete localized and sector-specific industrial advances. Steam and textile machinery are therefore classified as things like the caravel, printing. It was only, Clark claims... 3/
Read 17 tweets
7 Jul
braddelong.substack.com/p/briefly-note…

First: The curious thing about the graph below is this: some of the rapidly-growing prices categories—medical-care services, childcare and nursery school, food and beverages—are overwhelmingly personal and personal-care services that are still... 1/
...largely one-on-one and that we should have expected to roughly track wages; some (college textbooks) are the result of market power being exercised; some (college tuition) are the result of government withdrawal of financial support for higher education; and some... 2/
...(hospital services) are the result of a complicated cost-allocation game in a sector that is experiencing remarkable although not especially cost-reducing technological progress (it is, rather, capability-expanding technological progress). These are different processes... 3/
Read 4 tweets

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