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شمعون / ܫܡܥܘܢ / שמעון

@simeongh.bsky.social
98 followers 378 following 28 posts

Law/Engineering. Energy Economist. Energy Market Policy Junkie, w/ an unhealthy MENA + Medieval History obsession. Market Design. Some Heterodox Econ. 🏗 ☦️

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Reposted by شمعون / ܫܡܥܘܢ / שמעון
Andrew Gelston @agelston.bsky.social · 30/09/2026
Bullish?
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sick public transit, gloria @seung.bsky.social · 26/09/2026
GTX mentioned 😮‍💨🥳
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Mrs. Betty Bowers @mrsbettybowers.bsky.social · 27/09/2026
"If wishes were horses, then beggars would ride. If turnips were swords, I'd have one at my side. If "ifs" and "ands" were pots and pans, There'd be no work for tinkers' hands." —Scottish Proverb, 1628
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Better Things Are Possible @internethippo.bsky.social · 08/09/2026
Mamdani is a charismatic guy but I promise you anyone can replicate this. 1) Unapologetically use the government to help ordinary people; and 2) Tell them about it
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Tom Sgouros @tsgouros.bsky.social · 05/09/2026
I think most of the people who say stuff like, "That would never happen in the efficient private sector," are people who have never spent much time in the efficient private sector.
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Alex Turnbull @alexbhturnbull.bsky.social · 05/08/2026
So how long will it take the DC blob complex to accept: - US lost with Iran - Iran still sucks - The only way to pay them less is to use less oil and LNG from them AND - Build diversion pipelines etc ?? This is hard because green left hates all pipelines, and blob takes a lot of oil money.
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Steve Randy Waldman @interfluidity.com · 15/07/2026
“Even if the AI companies themselves are not…profitable, AI-related investment spending is probably an important factor in raising aggregate profits… the California gold rush generated plenty of profits for somebody, even if the vast majority of prospectors…went broke.” @jwmason.bsky.social
jwmason.substack.com
Profits, Payouts and Equity Prices
part one of two, probably
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JW Mason @jwmason.bsky.social · 15/07/2026
If you’re thinking about a market in which wealth owners and their representatives allocate capital between corporations, then you are thinking of the bond market. Not the stock market. www.ft.com/content/47a6...
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JW Mason @jwmason.bsky.social · 08/07/2026
Turning risky debt into safe assets by putting it in a pot and then selling off different tranches of it. Now where have I heard that story before? www.bloomberg.com/opinion/news...
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Chris Dillow @chrisdillow.bsky.social · 10/06/2026
New substack: bond markets aren't a huge constraint on intelligent leftist economic policy; other things are: chrisdillow.substack.com/p/what-bond-...
chrisdillow.substack.com
What bond market constraint?
Yes, bond markets are a constraint upon a leftist government - but maybe not the biggest one.
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David Sligar @davidsligar.bsky.social · 22/06/2026
nassim taleb has a nice quote “Virtue is when the income you wish to show the tax agency exceeds what you wish to show your neighbor."
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Andrew Gelston @agelston.bsky.social · 09/07/2026
Only lord buckethead can save England
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Saul Rosenberg @saul-rosenberg.bsky.social · 03/07/2026
the ACIJ is doing excellent work
theguardian.com
AFP assessing allegation of Gaza war crimes committed by Australian citizen serving in IDF
Exclusive: Claims against Israel Defense Forces battalion include deliberate targeting and destruction of residential buildings in 2023 and 2024 without military justification
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Dr. Jonathan Foley @globalecoguy.bsky.social · 25/06/2026
I especially love this diagram.
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JW Mason @jwmason.bsky.social · 03/07/2026
I agree that there is a serious conversation to be had about the institutional preference for achieving social goals in ways that don’t have a direct budgetary cost, even if the true costs are higher, and the benefits less, than with direct public spending.
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Daniela Gabor @danielagabor.bsky.social · 19/06/2026
the short-lived life of a super majority Labour government with BlackRock politics was so obvious even a professor of economics could predict it
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Chris Osieck @chrisosieck.bsky.social · 06/06/2026
Analysis by @sanjanamv.bsky.social on Israel’s use of white phosphorus in Lebanon and the dangers it poses to public health and the land, with a reference to @baydoun.nl's visual database documenting its use and commentary from @wammezz.bsky.social. .
nytimes.com
What Visual Evidence Tells Us About Israel’s Use of White Phosphorus in Lebanon
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Saul Rosenberg @saul-rosenberg.bsky.social · 07/06/2026
easily the dumbest critique of ai that's doing the rounds is that it is - tout court - bad in a business sense: ie, there is no profits to be made.
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Eliot Higgins @eliothiggins.bsky.social · 07/06/2026
Bari Weiss not beating the bootlicking propagandist allegations here:
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David Sligar @davidsligar.bsky.social · 25/05/2026
Difficult to overstate how misleading this is. Any % tax on capital gains (sale price less purchase price) will by mathematical construction result in differing rates relative to sale price. Including the existing regime! That’s not a “profound oversight”, that’s what CGT *is*.
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David Sligar @davidsligar.bsky.social · 28/05/2026
It also occurred to me that the worked example in the piece ignores large CGT concessions for active small businesses, such as the 50% active asset reduction. These substantially reduce real world CGT. The piece confounds more than it enlightens.
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Tom Studans @maximumwelfare.bsky.social · 28/05/2026
I've heard a number of stories both first and second-hand over the years about employment services run by the Church of Scientology, funnelling jobseekers to Scientology front businesses to work for the Church of Scientology on their various scandalous anti-social activities.
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Independent Media Australia. @indymediaaus.mastodon.social.ap.brid.gy · 30/05/2026
Why the criticisms of Labor's tax changes are mostly wrong pearlsandirritations.com/e/daily/20… #Auspol
pearlsandirritations.com
Why the criticisms of Labor's tax changes are mostly wrong
Labor’s tax policies will improve intergenerational equity and ensure more equal tax treatment of income from labour and capital.
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Kate Mackenzie @katemac.bsky.social · 30/05/2026
Enjoyed this column so much
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Mrs. Betty Bowers @mrsbettybowers.bsky.social · 24/05/2026
Trump is paying Iran $25,000,000,000 to return things back to the way they were before he started his pointless, lost war to distract from the Epstein inconvenience. He's an "Art of the Deal" genius that way.
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rimidar @rimidar.au · 12/05/2026
Nick Newling currently live-blogging monochiracally
• 8.30pm
Chalmers asked if Australia will ever trust a Labor promise again
Nick Newling
Treasurer Jim Chalmers has been asked whether Australians can ever trust a promise made by the government again, after breaking the key election promise of not making any changes to the capital gains tax discount or negative gearing.
"I've taken responsibility for the fact that the government has a different view now than it had 12 months ago. I've taken, I do take responsibility for that, and that's because I've come to a different view on these policy changes. I'm explaining why. But more important than any of that, let's not lose sight of the actual issue that we are addressing here," Chalmers told the ABC.
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Greg Jericho @grogsgamut.bsky.social · 19/05/2026
This headline is a disgusting lie Special Disability Trusts are not affected *AT ALL* The article even makes it clear the concerns of the bloke (a solicitor with expertise in wills and estates) in this story are not about his disabled son but his other children being able to minimize their tax!
Headlined from The Australian 

Families of disabled children forced to overhaul finances under new Labor tax reformstext of story:

The first trust is a special disability trust, which will be largely unaffected by tax reforms in Labor’s controversial federal budget.

While it has some “limitations” as to how it can be spent, this trust will allow a few trusted people to access enough funds to see Henry properly cared for.

The second is a discretionary testamentary trust, which would be taxed at Labor’s new 30 per cent minimum if it was being established in the future.

Mr Latham told The Australian the initial appeal of a testamentary trust was its flexibility. “What that (trust) was intended to do was provide a pool of funds as a contingency for my son with a disability. But there’s also a broader range of beneficiaries, which includes my other children, so if Henry’s needs were met, there would be flexibility for the trustees to apply the funds more broadly to other beneficiaries,” he said.
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Jim Stanford @jimbostanford.bsky.social · 13/05/2026
Here is a timely & comprehensive review of this week's Australian federal budget from the whole team at the Centre for Future Work: futurework.org.au/report/budge.... Tax reforms on capital gains & trusts needed and long overdue. But more commitment needed on the spending side.
futurework.org.au
Budget briefing paper 2026–2027 – Centre for Future work
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Greg Jericho @grogsgamut.bsky.social · 13/05/2026
Who among us did not have a $50,000 share portfolio when we were 20yo? The Oz finds a typical young person.
Story in The Australian

Anthony Kolmac should be the young voter Jim Chalmers won over with a budget pitched at scaling back booming wealth held by older Australians.

Instead, he says younger people will be hit with higher rents while facing much more significant hits to their ability to generate enough wealth to enter the housing market.

The 20-year-old, who has built a $50,000 share portfolio to help fund his first home, said the overhaul of capital gains tax and negative gearing blindsided those trying to enter the property market. “It will significantly hinder my ability to create wealth as it will ultimately delay the process (to save for a deposit) significantly,” Mr Kolmac said. “I will have to save even more money to be able to afford what I would have once been able to ­afford a lot earlier.”
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Jamie Hall @jamiehall.cc · 11/04/2026
Welfare is good, actually. We should aspire to having the best welfare system in the world
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Nick Feik @nickfeik.bsky.social · 23/04/2026
Israel had threatened previously to murder the Lebanese journalist that they assassinated today
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David Sligar @davidsligar.bsky.social · 06/05/2026
perfect snapshot of the property-owner welfare state: nurse 1 has $30k urgent dental expenses 2 asks personal finance guru how to pay 3 is “cash strapped” but has investment properties 4 hates capital gains tax, doesn't want to sell 5 barefoot investor advises never to touch precious super
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David Sligar @davidsligar.bsky.social · 17/05/2026
Once, the Australian would consider such a critical factual error to be deeply embarrassing. Now no one cares. The column does its job as partisan slop.
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David Sligar @davidsligar.bsky.social · 17/05/2026
Excellent demolition of “affordable housing”. It’s a muddled no man’s land between market and social housing, achieving the goals of neither. It functions as a modest benefit to a tiny fraction of middle class families. It’s costly, inefficient and impedes geographic and occupational mobility.
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Arpit Gupta @arpitrage.bsky.social · 17/05/2026
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Bin Chicken @binchicken9000.bsky.social · 12/05/2026
Regarding the Partner Income Test "Respondents reported delayed medical care, skipped essentials, unpaid bills, housing insecurity, relationship strain, fear of disclosure, financial dependency, and reduced ability to leave unsafe relationships." #AusPol #Centrelink 1/3
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Nils Gilman @nilsgilman.bsky.social · 13/05/2026
“For states to thrive & to accumulate & maintain power, the right people have to be in charge. There is no perfect means to achieve this & there is the inevitable tension between the skills needed to rise to the top & those suited to serving the general interest.” open.substack.com/pub/snyder/p...
open.substack.com
On Superpower Suicide
And the recovery of justice
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Steve Randy Waldman @interfluidity.com · 15/05/2026
hard power only works as a backstop to soft power.
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Mayor Zohran Kwame Mamdani @mayor.nyc.gov · 15/05/2026
Today marks Nakba Day, an annual day of remembrance to commemorate the expulsion of more than 700,000 Palestinians between 1947 and 1949 during the creation of the State of Israel and the year that followed.   Inea is a New Yorker and a Nakba survivor. She shared her story with us.
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JW Mason @jwmason.bsky.social · 16/05/2026
This is definitely worth paying attention to. But we should keep in mind that what matters for bond markets is *not* inflation as such, but central bank action in response to it. For a long time the distinction didn’t matter much, but in the Warsh era it might. giftarticle.ft.com/giftarticle/...
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JW Mason @jwmason.bsky.social · 16/05/2026
Was just checking to see if anyone had made this joke. Sure enough.
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Alex Turnbull @alexbhturnbull.bsky.social · 18/04/2026
People seem to have a lot of resistance to solar and storage as solving a lot of decarbonisation and replacing gas quickly because it seems too simple. Friend, do you know that AI is substantially just matrix multiplication? Simple and scaled often works. #EnergySky
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Alex Turnbull @alexbhturnbull.bsky.social · 14/04/2026
Great reporting www.ft.com/content/7d51...
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Andrew Gelston @agelston.bsky.social · 31/03/2026
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Remain In Hell Without Despair @daphnelawless.com · 26/03/2026
YIMBY + rent control + counter-cyclical public finance for new builds + putting manners on landlords is the way to go
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Aparna Nair @disabilitystor1.bsky.social · 27/03/2026
that rare exception to Betteridge's law of headlines
American heresy: should Peter Thiel be burned at the stake?
The master of Palantir descends upon Rome to give secret lessons on the Antichrist.

Faced with this attempt at theological regime change , Franciscan friar and papal AI advisor Paolo Benanti explains why Peter Thiel's religion is not Christianity—but heresy.
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JW Mason @jwmason.bsky.social · 27/03/2026
As I said to my students the other day, while talking about the banking system: When everything is working you don’t think about your plumbing. You turn on the faucet and the water comes out. But when something goes wrong, that’s when you really need to know where the pipes are.
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Alex Turnbull @alexbhturnbull.bsky.social · 26/03/2026
The Missing Model? Got it right here pal #EnergySky
substack.com
The Missing Model: Why Finance Has No Good Framework for Commodity Procurement Under Geopolitical Risk
And an open-source attempt to build one.
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Alex Turnbull @alexbhturnbull.bsky.social · 25/03/2026
Nuts that gov is giving the money away rather than having a cap / floor on which they could - at times like this - make a return.
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Albert Pinto @70sbachchan.bsky.social · 21/03/2026
greater the trust and stability in a society, the lower the chances of fuel riots and political instability bsky.app/profile/iand...
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