Join 📚 Josh Beckman's Highlights

A batch of the best highlights from what Josh's read, .

The single biggest thing Substack accomplished was *legitimizing* a Schelling point: interesting intellectuals can charge money for doing their thing and people who interested in the life of the mind should pay for their output. The Schelling point, the place at which these two groups would choose to meet without any coordination mechanism, was the writer’s Substack.

BAM Is Now Reader-Supported

Patrick McKenzie (patio11)

Despite the declining murder rate, there are less beat cops on the streets of Baltimore than ever. For the most part, they've been replaced by a cohort of city employed, formerly incarcerated men and women from the hoods of Baltimore who compose a violence intervention team called the Safe Streets Group, who have several offices around town and a 247 tip hotline where if you're from Baltimore, you can call in when you feel that a situation is escalating, but you don't want to call the cops.

Inside Baltimore's Safest Year in History

Channel 5 Patreon Cuts

In general, the chief compliance officer at any company has a dial in front of her that she can turn to get More Crime or Less Crime, and at a normal company — a bank, for instance — her job consists of (1) turning it most of the way toward Less Crime, but (2) not all the way, and (3) acting very contrite when politicians and regulators yell at her about the residual crime. “We have a zero-tolerance policy for crime,” she will say, and almost mean.

Money Stuff: Bed Bath & Beyond Got Its Deal Done

Matt Levine

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