“Little flash mob.” :-D

https://twitter.com/AOC/status/1187068587602796545?s=17

“Little flash mob.” 😀

Alexandria Ocasio-Cortez (@AOC) Tweeted:
«Important to remember that GOP&Dem members have been part of impeachment depositions this whole time.

All you need is to sit on the relevant committees.

If these guys are so mad, maybe they should take their little flash mob to the @GOPLeader who didn’t assign them to the task.»

Wealth tax makes economic sense

https://twitter.com/d_f_stone/status/1186763068988121088?s=17

Go get ’em, Liz. 🙂

daniel f stone (@d_f_stone) Tweeted:
«“Use it or lose it: Efficiency gains from wealth taxation [great title!]… Wealth taxation shifts the tax burden toward unproductive entrepreneurs….”

Makes sense & looks like important paper. Nber version- https://t.co/Yo5ORXV2c7
Ungated-
https://t.co/kQUsBr5eMF »

Noah Smith 🐇 (@Noahpinion) Tweeted:
«Replacing corporate income taxes with wealth taxes is a good idea, since it taxes unproductive rich people more than productive rich people.

Note that we’ve already cut the corporate tax under Trump, so Warren’s wealth tax would just be Step 2!»

https://t.co/C1c54gWIFn https://twitter.com/Noahpinion/status/1186741054638178304?s=17

Facebook allows lies in political ads

https://www.nytimes.com/2019/10/20/us/elections/trump-campaign-ads-democrats.html#click=https://t.co/EAkQmZHz3B

Social media is garbage.

«One recent video from the Trump campaign said that Mr. Biden had offered Ukraine $1 billion in aid if it killed an investigation into a company tied to his son. The video’s claims had already been debunked, and CNN refused to play it. But Facebook rejected the Biden campaign’s demand to take the ad down, arguing that it did not violate its policies.

At last count, the video has been viewed on the social network more than five million times.»

AOC endorses Sanders

https://twitter.com/stangleskid/status/1185656992716603392?s=17

I feel that the Squad and AOC in particular have done Warren a favor by endorsing Bernie. She needs to move to the center and this will help. Also, I suspect AOC knows that her endorsement of Sanders after his heart attack is irrelevant.

stangleskid (@stangleskid) Tweeted:
«I found the secret to supporting Elizabeth Warren while simultaneously not being mad at AOC for endorsing Bernie. It’s called being a fucking adult. I recommend it!»

Have you heard of the catastrophic men theory of history? Step forward Boris Johnson…

https://www.theguardian.com/commentisfree/2019/oct/20/catastrophic-men-theory-history-step-forward-boris-johnson

«In his classic study On the Psychology of Military Incompetence, Norman Dixon analysed British generals who had led their men to pointless deaths from Crimea to Arnhem. How familiar his diagnosis feels. Dixon identified “overweening ambition dedicated to one goal – self-advancement” as a persistent fault; and that sounds familiar.»

It’s not WHAT you know…

https://twitter.com/florianederer/status/1185524108324409344?s=17

Interesting conversation on econ Twitter:

Florian Ederer (@florianederer) Tweeted:
«My Econometrica paper on peer effects was rejected at all the other 4 top 5 journals.

We knew we had a good paper (and I guess the citations since then back that up), but we only got it published after I spent an hour-long conversation with the editor at that time …» https://t.co/nCMxeXwKLB

Santi Sanchez-Pages (@sanpages) Tweeted:
«We all need to pause a bit and rethink. We are a star-crazed profession who wants to believe in meritocracy often too hard. We would overwhelmingly like to move to another equilibrium. But we are collectively responsible for the perpetuation of the current one. (6/6)» https://twitter.com/sanpages/status/1185888616494575616?s=17