Nicholas Gruen @NGruen1 Twitter profile

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Nicholas Gruen

@NGruen1

1 year

Who is the most brilliant economist you've never heard of? Martin Wolf making me blush (And backing citizens’ juries)

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Last Seen Profiles

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@SignorCrypto

@torontobigface

Nicholas Gruen

@NGruen1

2 years

If the army helped out in a flood and didn't bring a camera, would anything have happened?

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Nicholas Gruen

@NGruen1

2 years

The first disadvantage of an elite education, as I learned [when a plumber arrived at my house] that day, is that it makes you incapable of talking to people who aren’t like you. 1/5

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Nicholas Gruen

@NGruen1

4 years

By the time the Baby Boomers hit a median age of 35, their generation owned 21 percent of the nation’s wealth. As of last year, Millennials—who will hit an average age of 35 in three years—owned just 3.2 percent of the nation’s wealth. Quite a stat!

Kevin Kelly

@kevin2kelly

4 years

This long, nuanced, and insightful essay on the decline of social trust in US is very clear and important. Big picture.

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Nicholas Gruen

@NGruen1

11 months

"The charges—38 of them—are a big deal. And before the GOP gaslighting reaches supernova levels, let’s also bear in mind that what Trump actually did is a big deal too." Tom Nichols

Trump’s Indictment Reveals a National-Security Nightmare

Republicans are trying to gaslight America about the former president’s astounding recklessness.

www.theatlantic.com

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Nicholas Gruen

@NGruen1

2 years

At the same time, because these schools tend to cultivate liberal attitudes, they leave their students in the paradoxical position of wanting to advocate on behalf of the working class while being unable to hold a simple conversation with anyone in it. 4/5

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Nicholas Gruen

@NGruen1

2 years

Elite schools pride themselves on their diversity, but that diversity is almost entirely a matter of ethnicity and race. With respect to class, these schools are largely—indeed increasingly—homogeneous. 2/5

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Nicholas Gruen

@NGruen1

3 years

@zalisteggall @MichaelPascoe01

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Nicholas Gruen

@NGruen1

1 year

President George Bush makes an important point about Hanukkah

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Nicholas Gruen

@NGruen1

2 years

"Fast foodification: what is it, what's driving it, how do we stop it?". ⚓

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Nicholas Gruen

@NGruen1

2 years

Visit any elite campus in our great nation and you can thrill to the heartwarming spectacle of the children of white businesspeople and professionals studying and playing alongside the children of black, Asian, and Latino businesspeople and professionals. 3/5

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Nicholas Gruen

@NGruen1

2 years

It is not enough to have a good mind, it must be applied well Descartes

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Nicholas Gruen

@NGruen1

2 years

Witness the last two Democratic presidential nominees, Al Gore and John Kerry: one each from Harvard and Yale, both earnest, decent, intelligent men, both utterly incapable of communicating with the larger electorate. Classic article from 2008 5/5

The Disadvantages of an Elite Education - The American Scholar

Our best universities have forgotten that the reason they exist is to make minds, not careers

theamericanscholar.org

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Nicholas Gruen

@NGruen1

2 years

That the biggest debate Australia has had about its democracy in decades has been the symbolic one of replacing the Monty Python show from Buckingham Palace with an Australian head of state Whereas citizens’ juries within our political system would powerfully renew it

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Nicholas Gruen

@NGruen1

2 years

World shares of Wheat exports

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Nicholas Gruen

@NGruen1

4 years

I give thanks pretty much every day to two features of Australian democracy Preferable and compulsory voting But especially today …

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Nicholas Gruen

@NGruen1

4 years

A new translation

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Nicholas Gruen

@NGruen1

2 years

Isn't it time for an alt-centre?

Infinite Loops 🎙

@InfiniteL88ps

2 years

Democracy as we know it, is not the only form of representation Thousands of years ago, Athenians selected a majority of their representatives by sortition i.e random selection In the latest podcast, @NGruen1 talks more about this alternate form of representation in Democracy

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Nicholas Gruen

@NGruen1

11 months

Since I'm not too sure what happened between Britney Higgins and Bruce Lehrmann, perhaps I should pop onto Twitter to yell at someone else who doesn't know what happened

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Nicholas Gruen

@NGruen1

2 years

Stunning reversals of China’s international standing owing almost entirely to Wolf Warrior and other malarky that was quite unnecessary to China’s real interests — for instance expanding in the South China Sea In any event, Italy remained studiedly insouciant HT @Noahpinion

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Nicholas Gruen

@NGruen1

4 years

@DeanBaker13 @Nouriel Building a politics around the idea that a college degree is a precondition for dignified work and social esteem has a corrosive effect on democratic life. Michael Sandel

Opinion | Disdain for the Less Educated Is the Last Acceptable Prejudice (Published 2020)

It’s having a corrosive effect on American life — and hurting the Democratic Party.

www.nytimes.com

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Nicholas Gruen

@NGruen1

1 year

Great line on @simonahac 's Twitter profile “I ask you to judge me by the enemies I have made.” FDR

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Nicholas Gruen

@NGruen1

4 years

And lo a great pestilence came upon the land And the people did suddenly start saying “lock-down” more than necessary But the nation needed lock-downs So it was a small price to pay And lo the people wanted Norman Swan as Chief Medical Officer rather than the dud they had

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Nicholas Gruen

@NGruen1

4 years

The ratio of the S&P 500 price to the average US wage

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Nicholas Gruen

@NGruen1

7 years

In case you’re feeling miserable about the state of the world

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Nicholas Gruen

@NGruen1

2 years

The psychology of citizens’ juries We discover the joy of our nature — that we evolved to solve problems in groups And in the right circumstances we CAN’T HELP but get along sufficiently to do it A great conversation with @JoeTrippi a month or so back

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Nicholas Gruen

@NGruen1

2 years

Me on democracy (again!) ⚓

Once more on democracy by Nicholas Gruen

Harry Corbett, founder and mover and shaker behind the Intelligence Forum (https://www.intelligence-forums.com/) wrote me a letter (!) mentioning that, on account of encountering me on the net, he...

podcasters.spotify.com

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Nicholas Gruen

@NGruen1

4 years

I give thanks pretty much every day to two features of Australian democracy Preferential and compulsory voting But especially today …

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Nicholas Gruen

@NGruen1

2 years

Why is the USA the greatest country on earth? Because of good old American 2nd Amendment problem solving

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Nicholas Gruen

@NGruen1

3 years

@rorysutherland @nntaleb Want a crash course on Michael Polanyi BY Michael Polanyi? Listen to these lectures NOW! Beautifully recorded in 1962 they’re a BLAST! Those still in possession of a mind will have it BLOWN! LISTEN TO THEM NOW! (& I usually don’t use CAPS)

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Nicholas Gruen

@NGruen1

2 years

Paul Dacre to get an honour "for services to cultural and political degradation" Maybe Rupert could be given it "for services to telegraphic transparency". Boris Johnson poised to go ahead with resignation honours list

Boris Johnson poised to go ahead with resignation honours list

Nadine Dorries, Paul Dacre and Allegra Stratton among those reportedly lined up for peerages

www.theguardian.com

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Nicholas Gruen

@NGruen1

3 years

Why it’s hard to design garbage bins for Yosememite There’s considerable overlap between the intelligence of the smartest bears and the dumbest humans!

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Nicholas Gruen

@NGruen1

2 years

There are some things which we can do without understanding what we are doing; locomotion and digestion, and even things with our minds, like recognizing a face. 1/2

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Nicholas Gruen

@NGruen1

1 year

You know how the Germans have that perfect word for every occasion?

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Nicholas Gruen

@NGruen1

11 months

"The liberal sees an assured progress towards freedom. But the conservative sees a process of doom that started with dwindling authority, so after freedom lost the restricting limitations which protected its boundaries, became defenseless, bound for destruction" Hannah Arendt

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Nicholas Gruen

@NGruen1

4 years

In my investing experience there’s * interest rate risk * inflation risk * currency risk * liquidity risk * project risk * country risk and * idiosyncratic risk But real kicker is usually FUCKWIT risk Which is unfortunately never covered in the management books …

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Nicholas Gruen

@NGruen1

2 years

How cool is it to be a shareholder in the process of developing and bringing this technology to the world!! @rorysutherland @RogerLMartin

NBC Orlando Primetime TV - Smileyscope in Private Practice

"Smileyscope should be the standard of care in a private practice. There is no excuse why a Pediatrician should not have one. It's dramatically improves th...

www.youtube.com

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Nicholas Gruen

@NGruen1

4 years

Mountain Gorillas at an away day working on their mission statement, where they want to be in 10 years time and how they’ll get there So far … We want to be world class gorillas striving for better in everything we do

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Nicholas Gruen

@NGruen1

6 months

The audio of "Democracy: doing it for ourselves "

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Nicholas Gruen

@NGruen1

1 year

@Noahpinion "Bill O’Reilly was like the right-wing uncle — he makes you mad as hell but he tells you what he really thinks, and you can understand why he thinks it. Watching Tucker is more like talking to ChatGPT; you just know there’s nothing behind the words" @Noahpinion

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Nicholas Gruen

@NGruen1

5 years

The economy isn't dead It's just resting Pining for the fiords

Ross Gittins

@1RossGittins

5 years

Our economic outlook is bleaker than the government wants to admit #ausecon #ausbiz #auspol

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Nicholas Gruen

@NGruen1

2 years

Political Correctness gone MAD!

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Nicholas Gruen

@NGruen1

1 year

You're visiting Auschwitz and you just can't help yourself … You can't get your Instagram page out of your mind It's such a great set for a selfie

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Nicholas Gruen

@NGruen1

2 years

Extensive empirical research leads me to argue that instead, a core goal of public policy should be to facilitate the development of institutions that bring out the best in humans. Elinor Ostrom, Nobel Lecture, 2009

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Nicholas Gruen

@NGruen1

7 years

Best paragraph I’ve seen in a while

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Nicholas Gruen

@NGruen1

2 years

We should pay our respects to our elders (like me) who were alive in a world without Mission, Vision and Values statements Seriously, there was a WHOLE LOT LESS BULLSHIT!!

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Nicholas Gruen

@NGruen1

2 years

I LOVE this diagram Note the way it SIMULATES the idea that there’s some structural relation between three things It says they ‘overlap’. But turns out it’s not to be taken seriously (Why don’t Vision and Values overlap? No reason!) Oh, and there are lots of other bubbles LOL

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Nicholas Gruen

@NGruen1

2 years

Territorial squabbles …

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Nicholas Gruen

@NGruen1

2 years

On the most important matter for which the UN was created—maintaining world peace—the Director General has nothing to say but platitudes He has managed, late in the conflict, to effect one trip to Kyiv and one to Moscow That's it @BrankoMilan

Does the United Nations still exist?

Branko Milanovic charts the fall and fall of the organisation tasked with preserving world peace.

www.socialeurope.eu

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Nicholas Gruen

@NGruen1

2 years

The riddle is not solved by such shifts; it is only formulated in other words. There remains to be explained how a nation of thirty-six millions can be surprised by three swindlers, and taken to prison without resistance Marx on Louis-Napoléon Bonaparte

On Ryan Avent’s Meditations on Trumpism, &

BRIEFLY NOTED: For 2022-08-23

braddelong.substack.com

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Nicholas Gruen

@NGruen1

7 years

Just when you thought the world was going to hell, you realised it was doing so in an increasingly good handbasket

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Nicholas Gruen

@NGruen1

2 years

A thought in the time of War The philosopher John Macmurray reflecting on his rec leave from the trenches in 1917 observing some women handing out white feathers

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Nicholas Gruen

@NGruen1

2 years

#LOLBerger

Tripe Marketing Board

@TripeUK

2 years

"The good news, Mr President, is we can repair the Crimea Bridge." "And the bad news?" "We'll need your table."

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Nicholas Gruen

@NGruen1

2 years

“Pygmalion’s frenzy,” Bacon wrote in 1605, offers a warning for researchers who “fall in love with a picture” Thanks to @natjdyer for explaining Pygmalion's initial fear and disgust towards women It seems the perfect myth for our fear of the wild foreignness of the other. 1/2

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Nicholas Gruen

@NGruen1

2 years

More out of touch than ever in the 20 years I’ve attended Davos. From the Saudi café, branded with the name of Crown Prince Mohammed bin Salman, who ordered the murder of Jamal Khashoggi to the socialite telling a Ukrainian official to “keep it short”.

Talk of doing good rings hollow among global elite

Despite all the chatter at Davos about stakeholder capitalism, the forum has been a sign of lack of progress

www.ft.com

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Nicholas Gruen

@NGruen1

2 years

“That which can be destroyed by the truth should be.” P. C. Hodgell

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Nicholas Gruen

@NGruen1

3 months

Tweet Deck is now a lot shitter than it was, but at least it's had a name change …

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Nicholas Gruen

@NGruen1

2 years

I have a great app I want someone to design It listens into everything you say, and then turns to the camera and says what you have just said — just like a journalist covering the election

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Nicholas Gruen

@NGruen1

2 years

A rollicking good read — I promise! Paul McCartney's freakish memory by Ian Leslie @mrianleslie

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Nicholas Gruen

@NGruen1

3 months

Imagine if we could have a culture that revered science and yet was mesmerised less by reductionism — the technique by which science made its early giant steps for mankind — but by that other, more meaningful aspect of reality that science helps uncover: the emergence of the…

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Nicholas Gruen

@NGruen1

2 years

There is not going to be a Brexit dividend or a levelling of the regions. Exporters are not finding New Zealand adequate compensation for an internal market of 500mn people. The one promise that Brexiters kept

The one promise that Brexiters kept

New immigration rules are making London more, not less global

www.ft.com

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Nicholas Gruen

@NGruen1

2 years

The people are fickle; it is easy to persuade them about something, but difficult to keep them persuaded Niccolò Machiavelli

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Nicholas Gruen

@NGruen1

2 years

Pity Scott Adams is a Trumpist fruitcake — he’s certainly a funny guy

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Nicholas Gruen

@NGruen1

1 year

The president from a Norman Rockwell painting

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Nicholas Gruen

@NGruen1

2 years

Great grab from Ricky Gervais

Ricky Gervais talks about Johnny Depp, Chris Rock, hosting award...

Ricky Gervais talks to @adamglyn about Johnny Depp, Chris Rock, hosting award shows, and more in NYC!! #rickygervais #comedyFollow @adamglyn to keep up with...

www.youtube.com

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Nicholas Gruen

@NGruen1

2 years

Jordan Peterson, eat your heart out This is JUST GREAT!!

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Nicholas Gruen

@NGruen1

2 years

All those things we do TOGETHER that mostly get ignored in traditional analytic philosophy It’s no coincidence she’s a WOMAN! Annette Baier "Doing Things With Others: The Mental Commons".

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Nicholas Gruen

@NGruen1

2 years

There goes Adolf Eichmann's “Holocaust Mr Nice Guy” reputation

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Nicholas Gruen

@NGruen1

1 year

"MAGA may lack policy ideas, but it’s rich in nihilism" @paulkrugman

Opinion | Republicans and Debt: Blackmailers Without a Cause (Published 2023)

Why this debt ceiling crisis is different from the last one.

www.nytimes.com

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Nicholas Gruen

@NGruen1

2 years

An oldie, but a goodie

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Nicholas Gruen

@NGruen1

2 years

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Nicholas Gruen

@NGruen1

2 years

Once a clever person has adopted a mistaken belief, they are so skilled at bending reality to fit the model of it they have constructed… with high verbal fluency…. The right words just magically appear, perfectly turned, glistening like truth

Seven Varieties of Stupidity

(and what to do about them)

www.ian-leslie.com

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Nicholas Gruen

@NGruen1

2 years

Some have two-factor authentication Others have two-factor authentication thrust upon them !

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Nicholas Gruen

@NGruen1

3 years

Cute

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Nicholas Gruen

@NGruen1

3 years

Hear hear Ping @rorysutherland

Mark Karake

@KarakeMark

3 years

“We are going to kill ourselves because of stupidity”

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Nicholas Gruen

@NGruen1

1 year

Coming next … The Palgrave Handbook of German Idealism, Feminist Philosophy and Tourism Studies

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Nicholas Gruen

@NGruen1

2 years

Wake up and smell the crazy

StevenXtreme

@StevenXtreme

2 years

@idew2 @TonyHussein4 Does this look like a well regulated militia?

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Nicholas Gruen

@NGruen1

2 years

Funny

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Nicholas Gruen

@NGruen1

2 years

Resisting evil by force Is it Christian? Interesting question

Unmasking Putin’s Rasputin | New Oxford Review

www.newoxfordreview.org

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Nicholas Gruen

@NGruen1

6 years

Correlations between climate scepticism and left-right political ideology Hornsey, Harris, & Fielding, 2018, Nature Climate Change

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Nicholas Gruen

@NGruen1

6 years

Good graphic from the AFR

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Nicholas Gruen

@NGruen1

2 years

Listen to "Idols of the modern mind: stragisation, thematisation and theorisation". ⚓

Idols of the modern mind: stragisation, thematisation and theorisation by Nicholas Gruen

In my essay recently published by the Institute for New Economic Thinking (INET) I outlined a strategy by which people imagine they’re doing economics, by sounding like an economist with all their...

podcasters.spotify.com

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Nicholas Gruen

@NGruen1

2 years

unless it is absolutely clear to the American people that the costs and risks of doing so are truly essential for their security and prosperity. Hugh White, Sleepwalk to War 3/3

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Nicholas Gruen

@NGruen1

2 years

Great piece The courts as an instrument of American decline, by @donmoyn

The courts as an instrument of American decline

How the conservative SCOTUS is undermining liberal democracy, state capacity, and the legitimacy of the court itself

donmoynihan.substack.com

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Nicholas Gruen

@NGruen1

4 years

Nothing to see here folks And now is not the time to see it

@[email protected]

@p_hannam

4 years

Tuesday could see a few December heat records falling in NSW. A fair bit of Sydney will hit 42C or warmer too. Perhaps more 'catastrophic' fire danger ratings too: @BOM_au @weatherzone @NSWRFS

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Nicholas Gruen

@NGruen1

6 years

Not a bad insight for 1971 Herbert Simon

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Nicholas Gruen

@NGruen1

2 years

Though in some ways perhaps not an ideal model for the Bank of England Financial Policy Committee, the Committee of Public Safety showed in its short life – two hectic years from foundation to collapse – that policy committees can make a difference Martin Taylor, MPC member 2017

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Nicholas Gruen

@NGruen1

2 years

Lovely short piece by Martin Wolf on the best party in his life

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Nicholas Gruen

@NGruen1

2 years

I enjoy using the Free Thesaurus But can anyone point me to a thesaurus I can do an ‘advanced search’ on like “Synonyms for ‘knowledge’ + starts with “B” or “Ex” or “has two or more syllables” etc?

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Nicholas Gruen

@NGruen1

2 years

I have no idea who these people are, but if they want me to change my password every 90 days, it’s best we part company

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Nicholas Gruen

@NGruen1

6 years

Whoda Thunk? SHOCK!! Economists views of HOW the economy works align almost perfectly with how they think it SHOULD work

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@NGruen1

2 years

Great report from Canberra from @BernardKeane last night

Bernard Keane's Canberra - ABC listen

While Crikey's Bernard Keane has welcomed the decision to drop the prosecution of Witness K's lawyer Bernard Collaery, he says there is unfinished business which should be the subject of a federal...

www.abc.net.au

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@NGruen1

11 months

Four times each year the RBA reaches peak stupid by re-setting the cash rate the day BEFORE it gets access to a new set of national accounts Like yesterday

The RBA, one of Australia’s finest institutions could do a little better – by not doing silly...

I have a running conversation with Henry Ergas in which I argue that one could get a long way in economics just by not doing silly things – ie there are plenty of $100 bills on the pavement. …

clubtroppo.com.au

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@NGruen1

1 year

"Tucker is like an algorithm, doing a brute-force grid search over the space of things that it’s possible to get people mad about, optimizing for attention and money @Noahpinion

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Nicholas Gruen

@NGruen1

2 years

When our period's history is written @martinwolf_ will appear among the Nations of the Truthtellers Those rare souls who despite their respectability — the maintenance of which usually requires speaking guardedly towards power — spoke truth instead

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Nicholas Gruen

@NGruen1

4 years

A British journalist I once met told me he waited for years to ask Lee Kwan Yew a question. When you founded the People’s Action Party in Singapore, why did you use the same logo as the Union of British Fascists He repliled “I changed the colours"

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@NGruen1

6 years

And these are marvellous too Ron Tandberg till the end

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@NGruen1

1 month

Absolute KILLER stats “Just 34 percent of progressive activists say they are ‘proud to be American’ compared to 62 percent of Asians, 70 percent of blacks, and 76 percent of Hispanics, the very groups whose interests these activists claim to represent”

The Democrats’ Patriotism Problem Revisited

The patriotism gap remains.

www.liberalpatriot.com

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Nicholas Gruen

@NGruen1

7 months

"I loathe living with the revelation that so many fellow citizens celebrate Trump's authoritarian viciousness in which, as Adam Serwer put it, the “cruelty is the point.”" @brianklaas

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Nicholas Gruen

@NGruen1

7 years

Why 57.3% of economists are not my favourite people

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