CICERO + GPT-4 + KAIROS + AlphaStar ≈ Skynet.

RT @AdamSinger: We broke every possible social contract for young people, unprecedented wealth transfer from young to old, devalued the cur….

Join millions who have switched to Grok.

RT @heimbergecon: This is a useful reading list on recent advances in econometrics.

RT @kareem_carr: These four books revolutionized my view of statistics, and it wasn’t the specific content per se, it was the way they elev….

The most practical way to get back all those corrupted money is via a Wealth Tax.

RT @imchristan: Did you know that corrupt politicians & criminal businesses have so much CASH that they need to convert it to an asset to h….

Powerful people have to go scot-free or else they'll oppose the reform tooth-and-nail. Also, it has to be massive because it implicates everyone, and therefore forgives everyone. This is how reform was achieved against PDAF. 2/2.

The massive exposé on flood control projects is one way to change the rules of the game for the better (but just a tad bit) without exacting accountability - which is often the only feasible way to change the system in the Philippines. 1/.

RT @jasonhickel: China spends 95% less than the US on healthcare per capita, but has a healthy life expectancy that is *4 years longer*.

RT @ThePhDPlace: Academia is deeply flawed

Notice the spike in government construction every election year.

Here’s a stacked chart of Gross Fixed Capital Formation. Bottom three stacks are construction by government, private firms, & households, roughly 2/3s of total . Then you have road-transport vehicles; breeding stock is only 1/10. Construction firm owners form a new aristocracy.

RT @alexxubyte: The Modern Software Stack

RT @captgouda24: A very hopeful paper for industrial policy. In a distorted economy, there’s no guarantee that correcting a distortion in a….

RT @sfiscience: It might start as a joke, belief, or rumor. At first, its easy to dismiss. But then it gains a twist, builds momentum, and….

Much more than corruption, the Philippine’s primary problem is lack of capital controls. The corrupt are not forced to reinvest their loot here, where it would circulate & generate multiplier effect. They’d take it out of the country to secure foreign citizenship-by-investment.

RT @pseudoerasmus: There have been several recent papers which might be called the ‘Economic History of Science’ but I think this new one i….

Every regime, the President floats an anti-corruption “shake up”, usually around midterms: Marcos on flood control (2025), Duterte releasing narco-politicians list (2019), Aquino III vs. Napoles scam (2015), Arroyo tasking PTG vs. corrupt bureaucrats (2008). Time-honored ritual.

RT @mxtaverse: Tamil Nadu is a cracked state. I don't think people realize how crazy 11.19% real growth with $4000 per capita GSDP is. For….

RT @pli_cachete: What are counter examples to this? Cases where it’s actually quite important to do it well the first time.

Solow's Productivity Paradox 2.0.