you draw up that ad for amtrak?
sure did boss, diarrhea money shot just like you asked
you draw up that ad for amtrak?
sure did boss, diarrhea money shot just like you asked
"For the most part, however, he appears blasé about the social costs of hierarchical currency arrangements — the unequal distribution of economic power and opportunity they entrench — even in those countries that enjoy currency dominance, to say nothing of those on the wrong end of it." 🔥💵
New Data Center NIMBY reason just dropped
Im envisioning the variety of women who will romance me, their various Ethnicities, etc, when the Dark Net Injectables make me 1 inch taller
I wrote about how unregulated finance is now just, well, finance for @phenomenalworld.bsky.social
the center of gravity in finance has completely shifted & our mental models & policymaking approaches need to catch up
www.phenomenalworld.org/analysis/fin...
Remarkable. Higher income wage growth is stronger than lower income. Before about a year ago, that was flipped. Lower income wage growth used to be very strong pre 2025. BofA data
Diffusion is the new codename for Larry Fink's derisking AI state project.
“How do you see this diffusion occur, and utilization at a corporate level or at a government level, which ultimately then creates that demand, which eliminates any fears of bubbles?”
This is a truly inspirational project - the kind of big plans that the city needs. I hope I live long enough to see something like it become reality. transitcosts.com/a-better-bil...
no no when we said “good guy with a gun” we didn’t mean a guy with a moral compass. we meant a short guy with a badge and a temper
okay so fun news, I am launching a macro newsletter from Common Wealth about the supply side data and the US economy called Forces of Production
Charts for bsky forthcoming at: @forcesofproduction.com
Launch essay below:
www.forcesofproduction.com/p/atop-the-f...
Looking forward to the forthcoming book by @kbayliss.bsky.social (of SOAS), on the growing role of private equity in water, energy and housing
Latest @employamerica.bsky.social
It Wasn't A Recession - How Age Divergence & A Participation Boom Drove A 1% Rise In The Unemployment Rate
www.employamerica.org/labor-market...
We at CPE put out an official response to NYPA's update to its strategic plan. While the cancellation of 1.5 GWs of its planned pipeline is not good, it's not unexpected given the headwinds from OBBBA, the decision on clean path, and interconnection delays.
publicenterprise.org/center-for-p...
norman rockwell meme of a guy standing up to bravely say an unpopular opinion
i think it’s good actually to move a school that is getting gassed by ice before the school year starts by working with the permitting department to fast track that so they don’t get gassed anymore
A new piece for @thenation.com on everyone's favourite industry -- private equity; in conversation with one of the many new books on PE, by Megan Greenwell.
Here:
Mamdani won campaigning with price controls for essentials.
Harris lost shying away from her own price gouging policy for food.
Trump won fantasizing about bringing prices of essentials down.
Sheinbaum won a landslide controlling prices of essential groceries.
No official jobs report today. But the alternative measures released this week weren't great
Striking Economist chart in the latest Tooze newsletter. Presumably NY's vertiginous rents would make NY's _real_ real wages (i.e. real wages post housing costs) look even worse by comparison. New mayor really has got a challenge on his hands
thank you to @ryanlcooper.com for this wonderful writeup to coincide with the launch of Common Wealth's Green Planning Commission!
prospect.org/2025/10/31/h...
"The $8 billion paid in monthly SNAP benefits represents around 10% of retail grocery sales..." - RBC www.rbc.com/en/thought-l...
Last week @lpenyc.bsky.social did an event on the political economy of NYC, "How NYC Became So Unequal" with @llchristyll.bsky.social, @masonbwilliams.bsky.social, & Gregory Louis & it was everything you hope an event will be--informative, entertaining, energizing!
WATCH IT!!
youtu.be/B8beobsDZfU
I love to be “added for viz”
Under plausible assumptions about the responsiveness of consumption to wealth, a 2000-2001 level fall in stock market values would reduce US consumption spending by 2 to 3 percent. That's a useful benchmark. econbrowser.com/archives/202...
we're about to enter a Golden Age of emotionally cheating on your spouse with jar jar binks
Hello! Here is my essay (still a draft) for a symposium held in the spring at the university of chicago. (Please note that the title of the symposium was set by the law review; I chose my essay title.) Comments are welcome.
thesanjuktablog.wordpress.com/2025/10/03/n...
This is my effort to collect in one place the top 3 reasons (imho) why 'the free market' should not even be a starting point for analysis - especially normative (legal,policy) reasoning. Also includes a brief account of how the modern idea of the self coordinating market emerged in fits and starts.
this May, I sat down with the philosopher Michel Feher, an exception interlocutor, to talk about the Wall Street Consensus, for the project Diagrammes
www.youtube.com/watch?v=KuNv...
surprising no one, this is excellent
www.bostonreview.net/articles/how...