iiinova — where your digital self keeps evolving

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Jake Grumbach @jakemgrumbach.bsky.social · 09/10/2026

New working paper: the Norwegian wealth tax was a huge success. The "exodus" of wealthy people never happened (less than 100 individuals left). Tax revenue increased by 71.5%. No changes in business activity or investment. www.nber.org/papers/w35854

Taxing Entrepreneurial Wealth: Evidence from
Norway, 2021-2025
Marius A. K. Ring
WORKING PAPER 35854|
DOl 10.3386/w35854
ISSUE DATE October 2026
Whether imposing higher taxes on business owners adversely affects business activity by constraining investment and inducing capitalist flight is a central question in the ongoing debate on how to tax the ultra wealthy. To shed new light, I exploit a series of related Norwegian reforms during 2021-2024 that increased dividend tax rates, removed migration-related capital gains tax loopholes, and nearly doubled the effective marginal tax rate on business wealth. These reforms spurred international debate and, allegedly, an "exodus" of Norwegian billionaires (Financial Times,
2023). While I document clear effects on migration, these responses are concentrated among the top 0.1% of the wealth distribution and mostly confined to 2022 and 2023. My results indicate that at most 100 individuals left due to the reforms. I find no evidence of significant outmigration or reduced inflows of startup founders or inventors. I estimate that absent any outmigration, wealth tax revenues would have increased by 75% from 2021 to 2024. Reform-driven outmigration lowers the revenue gain to 71.5%. My findings further show that outmigrating owners' firms remain economically active and do not reduce investment. In a broader set of analyses, I examine whether business outcomes are affected, regardless of whether owners outmigrate, since firms may reduce investment both due to liquidity constraints or distortions to owners' savings decisions. I compare firms owned by Norwegian individuals subject to the wealth tax with firms owned by foreigners and other tax-exempt entities. By merging historical ownership data from Orbis with the Norwegian shareholder register, I perform these analyses on both Norwegian and foreign-domiciled firms.
Across settings, I find no evidence that Norwegian-owned firms pay out more dividends or invest less after the reforms,…

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Merriam-Webster @merriam-webster.com · 01/10/2026

'Autumn' entered English in the 1300s. "The fall of the leaves" was shortened to 'fall' in the 1600s.

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"Online Rent-a-Sage" Bret Devereaux @bretdevereaux.bsky.social · 01/10/2026

For my part, if I am going to invest the time into reading a book - fiction or non-fiction - I want to know that a human invested the time into writing it. That's part of the deal. Even if our current machines could produce Hamlet, I would not want robo-Hamlet. I suspect I am not alone in this.

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Gwen C. Katz @gwenckatz.bsky.social · 25/09/2026

Fuck ChatGPT flyers. The future is broadsheets.

A crowded broadsheet with way too many fonts. It says:
Forget ChatGPT Flyers
Say it with
Broadsheets
Unlimited fonts
Stretch them
Or cram a really long sentence into one line for no good reason
No whitespace
Mix capital and lowercase
Pointing hands
(They're called manicules!)
Don't be left behind
Broadsheets are the future

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Rosemary Mosco @rosemarymosco.com · 18/09/2026

Humaning.

A four-panel comic. In panel 1, a Northern Cardinal and American Goldfinch perch above a busy crowd in a city, looking down. The cardinal says "It's a nice day to go humaning." The goldfinch says "Just look at them. Majestic." In panel 2, a close-up of the two birds. The cardinal says "Nobody tells you that you'll reach a certain age and suddenly get into humaning. I hit 3 years old, and then bam."The birds are looking out over the crowd scene. In panel 3, the cardinal says "Their calls sound funny to us, but each one has a unique meaning." Below, people are saying various things: "I'm tired." "Where's my phone?" "I'd murder a burrito." In panel 4, the birds look down excitedly at a man walking by. The cardinal says "Wait, is that a guy who got dressed in the dark and put his shirt on inside out and backwards?" And the goldfinch exclaims, "Holy... that's a lifer!"

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Gretchen McCulloch @gretchenmcculloch.com · 15/09/2026

New favourite example of structural ambiguity

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Dr. Samantha Hancox-Li @sjshancoxli.liberalcurrents.com · 08/09/2026

as someone who has read far too much military history i think this is as wrong as can be. america did not send warriors to win world war two. we sent shopkeepers, and farmers, and accountants, and millions of ordinary people who did not dream of glory and death. and we won.

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George E. Osborn @georgeosborn.bsky.social · 08/09/2026

I think we're at the point where we can incredibly comfortably say that your attitude towards Reform, Restore, MAGA, the AfD etc is how you'd have responded to fascism in the 1930s

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A.R. Moxon @juliusgoat.bsky.social · 05/09/2026

Trump's getting that look you have when everyone you worked with on the Lufthansa heist is turning up in the back of ice trucks and Jimmy Conway isn't returning your calls.

Trump wearing a brown wig and the expression "shit I shouldn't have spent all my heist money on gold appliques."

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Brian Kerg @briankerg.bsky.social · 31/08/2026

My latest in @usniproceedings.bsky.social: "The warrior ethos is no longer a useful philosophy... While once that spirit offered some utility... the warrior ethos now is largely a stumbling block to the professional and ethical development of soldiers, sailors, airmen, and Marines."

usni.org

Where Exactly Has the Warrior Ethos Gotten Us?

The Marine Corps should revive its traditional ethos, emphasizing professional competence, readiness, honor, courage, and commitment for the demands of modern warfare.

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David Dayen @ddayen.bsky.social · 26/08/2026

LOL they literally settled as I was typing. Only $17 billion but product changes are major: •limit minors’ access to 2 hours/day •blocks from midnight-6am •Notifications blocked between 10pm-7am & during school hours •concealing likes for minors •banning beauty filters •can deactivate the news feed

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James Fallows @jfallows.bsky.social · 26/08/2026

This chart will figure prominently in a future historian's best-seller, "Self-Destruction: The End of the American Era."

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Bo Thompson @gaudipern.bsky.social · 25/08/2026

(1/3) With Dolly Parton's passing, I want to put good words on the wind for her. Feel free to quote reply with your own. Dolly became the single largest donor for the Moderna COVID vaccine because of a chance encounter and friendship with a Vanderbilt researcher Dr. Naji Abumrad years earlier. She

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Michael Hobbes @michaelhobbes.bsky.social · 19/08/2026

AI makes children better at doing their homework but 20% stupider so it's impossible to say whether it's good or not

Using 30 months of panel data on 26,811 Chinese students in grades 7-12, we study how generative AI affects homework productivity and learning. The data combine monthly closed-book exams, high-school and college entrance exams, and homework scores and completion time across nine subjects. We exploit staggered AI adoption in a difference-in-differences design. AI adoption raises homework scores by 18% and reduces completion time by 30%, but lowers monthly exam scores by 20% within six months. High-stakes entrance-exam scores fall by 18 and 24%, with the full penalty emerging only after about two years. The losses are largest in social science subjects, followed by STEM and languages, and are especially large for junior students, high-achieving students, and boys. The learning losses are concentrated among roughly 80% of AI users whose behavior is consistent with homework outsourcing, as indicated by exceptionally short homework completion time coupled with high homework scores. AI users who maintain similar homework completion time as non-AI users experience small learning losses.

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Lisa Kadonaga @tapirtrouble.bsky.social · 04/08/2026

Soft Rains Day. "Today is August 4, 2026, in the city of Allendale, California. Today is Mr. Featherstone's birthday. Today is the anniversary of Tilita's marriage. Insurance is payable, as are the water, gas, and light bills." RIP Ray Bradbury, 1920-2012

There Will Come Soft Rains
By: Ray Bradbury

In the living room the voice-clock sang, Tick-tock, seven o'clock, time to get up, time to get up, seven o 'clock! as if it were afraid that nobody would. The morning house lay empty. The clock ticked on, repeating and repeating its sounds into the emptiness. Seven-nine, breakfast time, seven-nine!
In the kitchen the breakfast stove gave a hissing sigh and ejected from its warm interior eight pieces of perfectly browned toast, eight eggs sunny side up, sixteen slices of bacon, two coffees, and two
cool glasses of milk.
"Today is August 4, 2026," said a second voice from the kitchen ceiling, "in the city of Allendale, California." It repeated the date three times for memory's sake.
"Today is Mr. Featherstone's birthday. Today is the anniversary of Tilita's marriage. Insurance is payable, as are the water, gas, and light bills."

Source:
https://www.btboces.org/Downloads/7_There%20Will%20Come%20Soft%20Rains%20by%20Ray%20Bradbury.pdf

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Charles Louis Richter @richterscale.bsky.social · 10/12/2025

SKULL OF THOMAS AQUINAS: TAKE A LEFT NOW PRIEST: No, the GPS says we have to keep going— SKULL: I KNOW A SHORTCUT PRIEST: Do you remember the last ti— SKULL: FOR THOSE WITH FAITH, NO EVIDENCE IS NECESSARY; FOR THOSE WITHOUT IT, NO EVIDENCE WILL SUFFICE

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Stalking Goat @stalkinggoat.bsky.social · 20/07/2026

After the final whistle, Leandro Paredes of Argentina displayed more of the grace and class that his team is known for.

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⚸ Gingersnapped 🐺🌕🎃 @gingerspiced.bsky.social · 18/07/2026

Pete Hegseth: "We need our warriors to embrace the Spartan mindset" U.S. Military: *suffers crushing defeat to the Persians*

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Stalking Goat @stalkinggoat.bsky.social · 14/07/2026

To think people were already complaining about this in 1921!

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Thomas Lecaque @tlecaque.bsky.social · 12/07/2026

To be a historian is to speak ill of the dead and the rest of you should take more history classes and join us.

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Robert Reich @rbreich.bsky.social · 08/07/2026

DOGE officially ended over the weekend. One of its crowning achievements was cutting $15M from the federal government’s screwworm monitoring program. Now, the Trump administration is preparing to spend $1B to combat the screwworm outbreak. "Efficiency."

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laura olin @lauraolin.bsky.social · 04/07/2026

We should make it a thing to burn Confederate flags on July 4

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Stalking Goat @stalkinggoat.bsky.social · 02/07/2026

Now this is a thread full of useful information.

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U.S. Consumer Product Safety Commission @cpsc.gov · 29/06/2026

Every year, people are betrayed by their optimism. "Fireworks have exploded in other people's hands, but surely they will not explode in mine. My hands are different."

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NANCY COMICS BY ERNIE BUSHMILLER @nancycomics.bsky.social · 23/06/2026

Nancy By Ernie Bushmiller June 22,1960

P1- NANCY HAS JUST GOTTEN HOME FOR LUNCH
NANCY: I’M HOME --- WHAT’S FOR LUNCH?

P2-
NANCY: I GUESS AUNT FRITZI WENT OUT --- THERE'S A NOTE

P3- AUNT FRITZI LEFT A NOTE FOR NANCY
NOTE:
NANCY --- FIX
YOURSELF
SOME
COLD CUTS

P4- NANCY IS IN THE KITCHEN AND SHE IS CUTTING A SLICE FROM A BOX OF ICE CREAM

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Zach Weinersmith @zachweinersmith.bsky.social · 21/06/2026

Happy Father's Dad! www.smbc-comics.com/comic/number...

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McSweeney's @mcsweeneys.net · 16/06/2026

"Ben owns a farm. He employs 100 workers. His total payroll is $10 million/year. One day, he buys a mule, which provides the worker who uses it with a modest 10% productivity gain. Ben fires 99 of his workers and purchases 99 mules, expecting a 1,000% productivity gain..."

buff.ly

AI Economics for Dummies

“Xavier owns an apartment that he rents out at a loss of $1 billion/month. Seeing this success, he decides to make financial commitments to construct $850 bi...

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Max Kennerly @maxkennerly.bsky.social · 10/06/2026

Hi! I'm Bret Rhett Chet, here to tell you why you should buy and hodl SpaceX stonk. For a mere $135/share, you get pro forma tangible book value of $7.85/share, an immediate 94% dilution. New investors are putting up 48% of all capital ever invested in SpaceX in exchange for 4.2% of the shares. /1

SpaceX prospectus dilution table with all those figures

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Maggie Wiggin @maggie162.bsky.social · 01/06/2026

My god, Octavia Butler, just miss ONCE

Page from a book saying:

From EARTHSEED: THE BOOKS OF THE LIVING
Choose your Leaders with wisdom and forethought.
To be led by a coward is to be controlled
by all that the coward fears.
To be led by a fool is to be led
by the opportunists who control the fool.
To be led by a thief is to offer up your most precious treasures to be stolen.
To be led by a liar
is to ask to be told lies.
To be led by a tyrant is to sell yourself and those you love into slavery.
t

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Nathan Goldwag @goldwagnathan.bsky.social · 26/05/2026

I'm concerned people think I'm joking about this.

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Stalking Goat @stalkinggoat.bsky.social · 16/05/2026

There's no way to say "It's time to lubricate my roller skates" without sounding like a dork.

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Richy Craven @richycraven.bsky.social · 11/05/2026

There's a screenshot going around of authors admitting to AI use and one of them appears to write hardcore monsterfucking fics and this makes me sad. If you're not writing monsterfucking fics for the sheer, genuine love of the game then what the hell are we even doing here?

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Melissa Scott @blueterraplane.bsky.social · 24/04/2026

So today I had to dig out the name of the funeral home that buried my mother (and her parents) for a cousin whose father wanted to be buried in the same place. The funeral home's Yelp listing reads "Walk-ins welcome." They were actually super nice and helpful, but even so.

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Petter Törnberg @pettertornberg.com · 22/04/2026

Is social media dying? How much did Twitter change as it became X? Which party now dominates the conversation? Using nationally representative ANES data from 2020 & 2024, I map how the U.S. social media landscape has changed Here are the key take-aways 🧵 Full paper out now in in JQD:DM!

journalqd.org

Shifts in U.S. Social Media Use, 2020–2024: Decline, Fragmentation, and Enduring Polarization | Journal of Quantitative Description: Digital Media

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Julian Sanchez @normative.bsky.social · 21/04/2026

So when it comes to beards and hairstyles, discipline requires strict conformity. When it comes to contracting and spreading a preventable illness that directly affects unit readiness, follow your bliss, man.

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Karen Carpenter’s Halloween @kellylink.bsky.social · 20/04/2026

This Is Just To Say I have turned off the AI features that were in the update and which you were probably hoping to monetize Fuck you they were stupid so unnecessary and so annoying

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Ken Jennings @kenjennings.bsky.social · 19/04/2026

“Feud with the Pope” is BACK as a likely Wikipedia section heading after a 400-year gap.

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Ada Palmer @adapalmer.bsky.social · 13/04/2026

A record year for dam removals reconnects US rivers, reconnecting over 7,900 km of rivers. Many of the structures were obsolete or unsafe, and their removal is already restoring fish migration routes, reducing flood risks, and reviving ecosystems. American Rivers buff.ly/LwcNbjh #ShareGoodNewsToo

buff.ly

100 Dams Down: 2025 A Big Year for Reconnecting Rivers in the U.S.

In 2025, the United States removed 100 dams. One hundred outdated, often crumbling, and frequently dangerous structures were pulled from our waterways across 30 states. In their wake, more than 4,893…

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NY Times Pitchbot @nytpitchbot.bsky.social · 10/04/2026

Whether it’s Michelle Obama, encouraging children to get exercise and eat vegetables or Melania Trump announcing that she never trafficked children to notorious pedophiles, both First Ladies made controversial announcements involving children.

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Popehat @kenwhite.bsky.social · 09/04/2026

Happy Shoulda Finished The Job Day

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Don Moynihan @donmoyn.bsky.social · 05/04/2026

One of these political leaders has been repeatedly portrayed as an untrustworthy radical hostile to others because of his religious beliefs. You’’ll never guess which one!

Mamdani warm and gracious easter greetings

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Peter @notalawyer.bsky.social · 03/04/2026

all of the lessons of the Trump era are the type you’d learn from a children’s book. you tried to use bullying to get what you want, but you alienated your allies, oh no! you have learned the power of friendship.

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PBS News @pbsnews.org · 02/04/2026

The death of a nearly blind refugee from Myanmar who was found on a Buffalo street in February — five days after Border Patrol agents left him at a doughnut shop — has been ruled a homicide, authorities said Wednesday. to.pbs.org/3NZGHsz

pbs.org

Death of a refugee left at a Buffalo doughnut shop by Border Patrol is ruled a homicide

The Erie County Medical Examiner's Office didn't reach any conclusions about responsibility for Nurul Amin Shah Alam's death.

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