no longer burdened by youth
Joined February 2018
- Tweets34.1K
- Following2K
- Followers4.3K
- Likes179K
Surplus Produce retweeted
i just think everyone needs to turn off the ruthless critique machine for a little while and figure out what's going on. it's a little embarrassing to watch
Surplus Produce retweeted
Apropos AI sell-off: "Between 2021 and 2025, 28.7% of artificial intelligence (AI) firms’ investment deals (by deal value) involved a target company that was also an AI firm, while 55.2% of incoming investments in AI firms came from other AI firms." (circular financing!)
Surplus Produce retweeted
»The idea of an unobservable guidepost perfectly distills the contradiction embodied in the idea of R*.«
"To some important extent, bond prices—and therefore interest rates—are what they are because that is what market participants expect them to be."
NEW: JW Mason on orthodox assumptions of money neutrality and monetary policy.
phenomenalworld.org/analysis…
Surplus Produce retweeted
Das allgemeine Äquivalent des modernen Kapitalismus: Reguliert durch einen selbstkonstruierten unsichtbaren Wegweiser, dessen Wirksamkeit die eigenen Modelle verbürgen.
Surplus Produce retweeted
One important development in last night’s events around the illegal Azov prison for deserters and draft dodgers, which also served to extort ransoms and provoked a massive riot on Kiev’s outskirts, is the use of Azov paramilitaries to suppress the protesters. Researchers like @kooleksiy predicted long ago that they would be used against anti-conscription riots. This adds a new, characteristically fascist nuance to the events.
Otherwise, the events manifest the same escalating dynamics of post-Soviet disintegration in Ukraine’s state and society, to which the maidan deficient revolutions greatly contributed and which the war did not resolve but only escalated.
One amusing feature is the use of Russian by almost everyone involved: Budanov, the head of the presidential administration, police, soldiers, protesters from the neighborhood. In such situations, the veil of superficial Ukrainianization falls away and people return to the Russian-speaking norm of post-Soviet Kiev, in which Ukrainian was really expected only in official settings, some education, and narrow “civil society” contexts.
Surplus Produce retweeted
We asked GPT-6 Astra to edit Qwen3.5-0.8B weights to improve math.
It directly changed only 0.016% of weights, fixing 0.8B's reasoning loops & improving math up to 6x and even instruction following 3x, without gradients or training.
We call this Weight-Space Programming: frontier LLMs can now natively read/write neural network weights! 🧵
Blog: rikiyat.github.io/blog/weigh…
Readers added context they thought people might want to know
LLM was given weights explicitly as text in prompt and used code/forward passes (per authors' logs) to ablate Qwen looping direction, a known thinking-mode issue per model card. Primarily fixed repetition in that mode, not general 'natively' improving weights/math.
rikiyat.github.io/blog/weight-sp…
github.com/RikiyaT/lm_und…
huggingface.co/Qwen/Qwen3.5-0…
huggingface.co/RikiyaT/Qwen3.…
Surplus Produce retweeted
My own view is that BZ has high passthrough inflation so interest rates are set with an implicit eye on exchange rate dynamics, but Brazil’s “FX stabilizing interest rate” is well above Brazil’s “Debt-stabilizing interest rate,” leading to a dilemma familiar to all EM investors.
Surplus Produce retweeted
Chris Wickham (1950-2026): A Past & Present Virtual Issue (with all his contributions to that journal) academic.oup.com/past/pages/…
Surplus Produce retweeted
Die Regierung hat es nicht nötig, sich ein neues Volk zu wählen, sie hat ja die Gesetze.
Surplus Produce retweeted
For @TheIdeasLetter I wrote about Marc Bloch and the challenge of writing synthetic and structural history. Featuring the Annales, Pirenne, Keynes, fin de siècle social science, and the generalizing ambitions of Carlo Ginzburg and the micro-historians.
theideasletter.org/essay/tot…
Surplus Produce retweeted
5/12 Mehrling (2006): interest rates cannot substitute for the credit system. Banks, liquidity, balance sheets, and monetary hierarchies matter. A theory that abstracts from these relationships may explain an interest-rate rule without explaining financial capitalism.
Surplus Produce retweeted
Such terrible terrible news that Perry Mehrling has passed. Hard to describe how much he taught us all. And such a wonderfully curious interlocutor.
I recently returned to his brilliant & mischievous "Financialization and its discontents". Great primer. sites.bu.edu/perry/files/201…
Surplus Produce retweeted
By a weird coincidence this just came out, as scheduled for the past weeks.
I managed to squeeze a mention to Perry’s passing and a dedication at the end of the acknowledgment note in the cover page right before it was scheduled to come out. A tiny homage
bis.org/publications/paper-1…
Surplus Produce retweeted
I’m told Perry Mehrling has passed away. His money and banking course at Barnard was hugely formative for me and many others.
This is an awful year for social thought. And I’m afraid we’re not producing many people of that caliber who can fill the ranks.
Surplus Produce retweeted
Can we imagine a world without money? We talk to economists J.W. Mason and Arjun Jayadev about their book Against Money, challenging conventional ideas about debt, finance, economic power and the possibility of a post-money society.
Tonight, 8 pm CET
youtu.be/c0V_ht03TME
Surplus Produce retweeted
Gestern habe ich ein Papier von Anwar Shaikh geteilt, mit dem man ihn gut kennenlernen kann. Heute erinnere ich mich an "The US-China trade imbalance", wo er mit @IsabellaMWeber in eine zentrale Debatte interveniert hat, noch bevor sie ganz ausgebrochen war.
Surplus Produce retweeted
NEW ODD LOTS
What people get wrong about Europe's economic decline
@TheStalwart & I speak with @NewLeftEViews about the nuances of Europe's competitiveness problems:
podcasts.apple.com/us/podcas…
Surplus Produce retweeted
Mit seinem Tod ist das Interesse an Anwar Shaikhs Ökonomie wieder erwacht - gut.
Ein erstes Papier, das sein Denken und seine unglaubliche Begabung Wissen zu vermitteln darstellt ist "The First Great Depression of the 21st Century".
Ich hab das Papier unten verlinkt.
Surplus Produce retweeted
Anwar Shaikh ist gestorben. Er war der wohl wichtigste lebende antikapitalistische Ökonom – weil er den Kapitalismus verstanden hatte. Und er hat dieses Wissen an Generationen weitergegeben.
Das Foto hab ich 2023 auf einer Party in der @NSSRNews gemacht.
