Water Markets (@WaterMarkets) profile picture

Water market economics.

West
Joined February 2014
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Water Markets retweeted
Incentives drive outcomes
Elon Musk: “The homeless industrial complex is really dark… The network of NGOs should be called, the drug zombie farmers… The ‘charities’ get money proportionate to the number of ‘homeless’… so their incentive structure is to maximize the number…”
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Water Markets retweeted
When politicians quote war costs, they're usually giving you the Pentagon's grocery bill, not the real economic damage.⁣ ⁣ Oil shocks, lost jobs, delayed investment - the true cost isn't billions, it's hundreds of billions.⁣ ⁣ Always ask: what are they not counting?
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Water Markets retweeted
Wow
Steve Bannon, man of the people.
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Water Markets retweeted
Nearly 40% of Stanford undergraduates claim they’re disabled. I’m one of them | Elsa Johnson, The Times In 2023, one month into my freshman year at Stanford University, an upperclassman was showing me her dorm room — a prized single in one of the nicest buildings on campus. As she took me around her space, which included a private bathroom, a walk-in shower and a great view of Hoover Tower, she casually mentioned that she had lived in a single all four years she had attended Stanford. I was surprised. Most people don’t get the privilege of a single room until they reach their senior year. That’s when my friend gave me a tip: Stanford had granted her “a disability accommodation”. She, of course, didn’t have a disability. She knew it. I knew it. But she had figured out early what most Stanford students eventually learn: the Office of Accessible Education will give students a single room, extra time on tests and even exemptions from academic requirements if they qualify as “disabled”. Everyone was doing it. I could do it, too, if I just knew how to ask. A recent article in The Atlantic reported that an increasing number of students at elite universities were claiming they had disabilities to get benefits or exemptions, which can also include copies of lecture notes, excused absences and access to private testing rooms. Those who suffer from “social anxiety” can even get out of participating in class discussions. But the most common disability accommodation students ask for — and receive — is the best housing on campus. At Stanford University in Palo Alto, California, where competition for the best dorm rooms is fierce, this practice is particularly rife. The Atlantic reported that 38 percent of undergraduates at my college were registered as having a disability — that’s 2,850 students out of a class of 7,500 — and 24 per cent of undergrads received academic or housing accommodations in the fall quarter. At the Ivy League colleges Brown and Harvard, more than 20 per cent of undergrads are registered as disabled. Contrast these numbers with America’s community colleges, where only 3 to 4 per cent of students receive disability accommodations. Bizarrely, the schools that boast the most academically successful students are the ones with the largest number who claim disabilities — disabilities that you’d think would deter academic success. The truth is, the system is there to be gamed, and most students feel that if you’re not gaming it, you’re putting yourself at a disadvantage. That’s why I decided to claim my legitimate illness — endometriosis — as a disability at Stanford. When I arrived on campus two and a half years ago, I would have assumed that special allowances were made for a small number of students who genuinely needed them. But I quickly discovered that wasn’t true. Some diagnoses are real and serious, of course, such as epilepsy, anaphylactic allergies, sleep apnea or severe physical disabilities. But most students, in my experience, claim less severe ailments, such as ADHD or anxiety. And some “disabilities” are just downright silly. Students claim “night terrors”; others say they “get easily distracted” or they “can’t live with others”. I know a guy who was granted a single room because he needs to wear contacts at night. I’ve heard of a girl who got a single because she was gluten intolerant. That’s why I felt justified in claiming endometriosis as a disability. It is a painful condition in which cells from the uterus grow outside the womb. I’m often doubled over in agony from the problem, for which there is no known cure, so I decided to ask for a single room in a campus dorm where I could endure those moments in private. The application process was very easy. I registered my condition on the Stanford Office of Accessible Education website and made an appointment to meet an adviser later that week. The system is staffed largely by empathetic women who want to help students. As I explained my diagnosis and symptoms over Zoom to one woman, she listened, nodded sympathetically, related my problems to her own life and asked a few basic questions. Within 30 minutes, I was registered as a student with a disability, entitled to more accommodations than I asked for. In addition to a single housing assignment, I was granted extra absences from class, some late days on assignments and a 15-minute tardiness allowance for all of my classes. I was met with so little scepticism or questioning, I probably didn’t even need a doctor’s note to get these exemptions. Had I been pushier, I am sure I could have received almost any accommodation I asked for. While I feel entitled to my single room, I would feel guilty about some of the perks I have — except that so many of my fellow students have gamed the system. Take Callie, a recent Stanford grad with ADHD and Asperger’s who agreed to be quoted under a pseudonym. Callie was diagnosed with her conditions in elementary school; in return, Stanford granted her a single room for all four years, plus extra time on tests — and a few more perks. “In college, I haven’t had that many ‘in real life’ tests as opposed to take-home essays,” Callie told me. “When I did use the extra time, I felt guilty, because I probably didn’t deserve the accommodations, given the fact I got into Stanford and could compete at a high academic level. Extra time on tests — some students even get double time — seems unfair to me.” But at Stanford, almost no one talks about the system with shame. Rather, we openly discuss, strategise and even joke about it. At a university of savvy optimisers, the feeling is that if you aren’t getting accommodations, you haven’t tried hard enough. Another student told me that special “accommodations are so prevalent that they effectively only punish the honest”. Academic accommodations, they added, help “students get ahead … which puts a huge proportion of the class on an unfair playing ground”. The gaming even extends to our meals. Stanford requires most undergraduates living on campus to purchase a meal plan, which costs $7,944 for the 2025-26 academic year. But students can get exempted if they claim a religious dietary restriction that the college kitchens cannot accommodate. And so, some students I know claim to be devout members of the Jain faith, which rejects any food that may cause harm to all living creatures — including small insects and root vegetables. The students I know who claim to be Jain (but aren’t) spend their meal money at Whole Foods instead and enjoy freshly made salads and other yummy dishes, while the rest of us are stuck with college meals, like burgers made partly from “mushroom mix”. Administrators seem powerless to reform the system and frankly don’t seem to care. How do you prove someone doesn’t have anxiety? How do you verify they don’t need extra time on a test? How do you challenge a religious dietary claim without risking a discrimination lawsuit? I often think back to that conversation with my upperclassman friend. She wasn’t proud of gaming the system and she wasn’t ashamed either. She was simply rational. The university had created a set of incentives and she had simply responded to them. That’s what strikes me most about the accommodation explosion at Stanford and similar schools. The students aren’t exactly cheating and if they are, can you blame them? Stanford has made gaming the system the logical choice. When accommodations mean the difference between a cramped triple and your own room, when extra test time can boost your grade point average, opting out feels like self-sabotage. Who would make their lives harder when the easiest option is just a 30-minute Zoom call away? thetimes.com/us/news-today/a…
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Water Markets retweeted
“foreign exporters absorbed only about 4% of the burden of last year’s U.S. tariff increases by lowering their prices, while American consumers and importers absorbed 96%.”
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Water Markets retweeted
“Rather than acting as a tax on foreign producers, the tariffs functioned as a consumption tax on Americans.” 💸
By analyzing $4 trillion of shipments between January 2024 and November 2025, researchers found that foreign exporters absorbed only about 4% of the burden of last year’s U.S. tariff increases by lowering their prices, while American consumers and importers absorbed 96%. The tariffs had a significant effect on trade volumes: Facing higher U.S. tariffs, Indian exporters maintained their prices but reduced the volume of shipments to the U.S. by 18%-24% relative to the European Union, Canada and Australia, the report found. Rather than acting as a tax on foreign producers, the tariffs functioned as a consumption tax on Americans. The $200 billion in additional U.S. tariff revenue last year “was paid almost exclusively by Americans.” wsj.com/economy/trade/americ…
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Water Markets retweeted
Policy chaos is an economic variable. When leaders threaten the Fed, fire the BLS head, impose tariffs then reverse them, and rattle sabers, no one knows tomorrow’s news. Uncertainty makes firms delay hiring/investing—and households delay big buys.
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Water Markets retweeted
Happening to some extent at geological surveys in the 1st world. We know many of their scientists via academic associations. We’ve seen it at @BritGeoSurvey, but the problem lately has ballooned at @USGS—geologists, economists, others dump a toxic couture. latitudemedia.com/news/the-g…
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The No Funds for NATO Invasion Act would: - Prohibit any federal funds from being made available for the invasion of a NATO member state or any territory protected by Article 5 of the North Atlantic Treaty. - Prohibit any officer or employee of the United States from taking any action to execute an invasion of a NATO member state or any territory protected by Article 5 of the North Atlantic Treaty. bacon.house.gov/news/documen…
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The U.S. has surpassed 2,000 measles cases for the first time in more than 30 years, according to data from the CDC.
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Water Markets retweeted
NEW: President Trump's first veto of his second term kills a unanimous bill to fund a major drinking water project in Colorado. Trump had threatened punishment for Colorado for imprisoning his ally Tina Peters. 9news.com/article/news/polit…
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Trump has enriched himself while in office like no other President in U.S. history. Here's why his net worth grew by billions in 2025 time.com/7342470/trump-net-w…
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Water Markets retweeted
Brussels to scrap plans to ban sale of new internal combustion cars from 2035. An acknowledgement of virtual Kremlin enablement (resource cost of hybrid/EV). As industry in EU falters, remaining car makers are being cleared to make cheap cars—to survive. Expect a “peoples car.”
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Water Markets retweeted
Surprise. Surprise.
If you *only* used SAT to admit to elite colleges, share of admits from top 1% income falls 15.8% → 9.9% and representation from <$200k rises by +8.8%, with no reduction in post-college outcomes. It's 'holistic review' and 'ban SAT' policy that allows the most wealthy and powerful to virtue signal while getting an edge.
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Water Markets retweeted
One must imagine Sisyphus happily reposting this
If capitalism lifts people out of poverty Why is there so much poverty?
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Greenland and Denmark are our Allies. They’d work with us on bases and mining. This kind of talk from the President is damaging.
BREAKING: Trump says USA needs Greenland for national security: “We need Greenland for national protection. They have a very small population (…) They say 🇩🇰 was there 300 years ago with a boat. Well, we were there with boats too I’m sure, so we’ll have to work it out” 🇺🇸🇬🇱🇩🇰
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Water Markets retweeted
Taxpayers pay that tariff revenue. The taxpayers who pay tariff revenue are businesses and individuals in the US who purchase things from abroad. The tariffs also hurt foreign companies, which is why foreign governments retaliated by cutting off ag purchases. Hope this helps.
Wisconsin farmers have fed America and the world for generations. President Trump is making sure they get the support they deserve, funded by tariff revenue, not taxpayers. Thank you, @POTUS.
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Water Markets retweeted
FRED has more than 12,000 series of producer price indexes, which offer detailed info about sale prices across the economy. Check the FRED Blog for a small seaside sampler of the data bit.ly/492JdpK
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Some moments in the econ news cycle tip my responses from blunt and direct into lightly unhinged territory. I fear the farm bailout just did that. youtu.be/S0ElcMZjvOE?...
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