A Severe Thunderstorm Watch is now in effect for much of the region.
It lasts until 10 p.m. Wednesday, June 30, and covers Westchester, Rockland, Putnam, Dutchess, Orange, Ulster, Sullivan, Greene, Columbia counties in New York, Fairfield, Hartford, Litchfield, New Haven, Tolland, New London, and Middlesex counties in Connecticut, and all of Massachusetts except Cape Cod, and northeast Pennsylvania. (See image above.)
Torrential rainfall is likely during storm activity. Quarter-sized hail, damaging winds, and frequent lightning are possible, along with power outages, the National Weather Service said in issuing the alert.
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Olivier Bargain, Ulugbek Aminjonov
Four decades ago, Robert Lucas rocked economics with a simple observation: taxes and other government interventions in the private economy affect not only the costs and benefits of actions citizens may take (as intended), but also their beliefs about the future actions of others (including the government), possibly in counterproductive ways. For example, announcing stiffer penalties for non-payment of taxes provides an incentive to pay up; but it also may convey the information that non-compliance is common, leading formerly honest citizens to cheat.
Lucas’ point was that policymaking is not simply resetting the dials on a given model of how the economy works, but instead changing the structure of the model itself (Lucas 1976). In 1994, Henry Aaron of the Brookings Institution pointed to “the failure of economists to take the formation of preferences seriously”, and suggested that the Lucas critique be extended to cover preferences as well
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1 day ago
Black TikTok Creators Protest Appropriation Of Dance Trends By Going On Strike
Black TikTokers are highlighting how their work is co-opted by white creators, often without credit or compensation.
Some Black TikTok creators have refused to choreograph moves to a new song in an effort to show how essential they are to the platform and demonstrate how their work is co-opted by white creators.
Megan Thee Stallion’s new song “Thot Shit” has all the trappings of a smash summer dance hit. Some of her previous hits, like “Body” and “Savage,” have been soundtracks for viral TikTok dance trends designed by Black creatives.