1. “15k researchers are working on AGI, in America. We have more people working on AGI then the whole world combined. Be grateful to those researchers putting in 7 day work weeks” Link here.
2. From Glenn: “People still don’t seem to appreciate that official trade figures don’t include the U.S.’ largest “exports” to the world, which is intangible brand/IP/tech that flows via MNCs and aren’t captured in cross-border trade data because the physical products are often produced abroad.”
3. Michael P. Gibson: “If we really want Russia to bleed, you know what we should do? Impose free trade on them. Surely they will wince and holler once free trade makes them worse off. Free trade will hollow out their middle class! Ukraine will have the Donbas again in no time”
3b. Consumer staples were hit hardest by the stock market decline.
4. Owls can swim.
5. Oren Cass has gone entirely in the tank. And more here. I had thought he was preparing to backpedal with his recent “the tariffs have to be predictable to work” Substack. But no. Sad!
5b. p.s. The billionaire oligarchs are not running everything.
6. Roy Foster in conversation with Fintan O’Toole.
7. By now the bloom is off the Luka trade.
Lots of Twitter links today, Twitter had the best stuff.
The post Sunday assorted links appeared first on Marginal REVOLUTION.
