Aaron 🥑🚈🚰🏀@aceckhouse
stick this in your nexus study & smoke it
Chris Elmendorf @CSElmendorf
The authors find that 100 new market-rate homes in expensive urban core --> 25-29 newly available homes in bottom-quintile places.
It's as if each new market-rate homes comes with a "25% low-income" inclusionary requirement built in. 2/2 https://t.co/EfXOOhJGZ9
6:37 AM · Jan 15, 2022
29 Likes
Noah Smith 🐇@Noahpinion
Russia terrorizing Europe is just stupid. Europe is its biggest market, and Russia has nothing to gain from long-term antagonism.
bloomberg.com
Bloomberg - Are you a robot?
7:45 AM · Jan 15, 2022
15 Reposts · 115 Likes
Noah Smith 🐇@Noahpinion
Branko Milanovic is right...Russia is just not good at foreign policy.
Branko Milanovic @BrankoMilan
Of all great powers Russia surely has historically had the worst foreign policy.
It combines incredible naivete
--Stalin who trusts Hitler not to invade
--Gorbachev who trusts NATO not to expand
with threatening moves that backfire
--mobilization in 14 that leads to DEU response
7:46 AM · Jan 15, 2022
7 Reposts · 75 Likes
Noah Smith 🐇@Noahpinion
Really useful paper here, answering a question I had long wondered about.
Basically, for college grads, living standards are just about the same everywhere in America. But for less-educated people, living standards are much higher in cheaper places.
Arindrajit Dube @arindube
Been reading this paper by Rebecca Diamond & Enrico Moretti about local cost of living diff. It's just really amazing data work. Shows how sometimes basic measurement and descriptive statistics can dramatically improve our understanding about the economy.
https://t.co/2DQRruZrJi https://t.co/x1sY9RUsNI
7:49 AM · Jan 15, 2022
60 Reposts · 410 Likes
Noah Smith 🐇@Noahpinion
This shows that the burden of NIMBYism in our cities is falling almost entirely on the working class.
Which of course we already sort of knew, but now we have solid proof.
7:50 AM · Jan 15, 2022
16 Reposts · 215 Likes
Matthew Yglesias@mattyglesias
Agree with this thread, monopolization isn’t the cause of inflation but there’s nothing wrong with using public concern about inflation to motivate stepped-up competition policy.
Paul Krugman @paulkrugman
As inflation persists, progressive politicians and the Biden administration have been condemning corporations for abusing their market power to raise prices — leading to a barrage of criticism from center-left economists and commentators. And I'm puzzled about the vehemence 1/
12:56 PM · Jan 15, 2022
9 Reposts · 239 Likes
Justin Wolfers@JustinWolfers
It’s terrific they’ve finally figured this out and are willing to state the obvious. But when this whole thing is over, can we have a public inquiry that explores the deeper causes of the CDC’s systematic failures throughout the pandemic?
The New York Times @nytimes
Breaking News: For the first time, the CDC said cloth masks weren’t as effective as other options. “Wear the most protective mask you can,” the agency urged. https://t.co/zOIRim0WQZ
3:04 PM · Jan 15, 2022
83 Reposts · 701 Likes
Mara Liasson@MaraLiasson
"I consider it completely unimportant who in the Party will vote, or how.
But what is extraordinarily important is this—who will count the votes, and how.”
Joseph Stalin, 1923
(as quoted in “Oxford Essential Quotations, 2017) https://t.co/VPcPSIDvnN
Ron Filipkowski @RonFilipkowski
Trump tells PA GOP why he is placing an emphasis on Supervisor of Elections races in 22: “We have to be a lot sharper the next time when it comes to counting the vote .. Sometimes the vote counter is more important than the candidate. They have to get a lot tougher and smarter.” https://t.co/WdzStuLxFH
6:03 PM · Jan 15, 2022
415 Reposts · 785 Likes
(((Philip H🌐xie)))@phoxie58
Republicans need to realize that immigrants make the best Americans because they are Americans by choice. Since W. this message has been totally abandoned. Immigration is important for the US economy. Some relevant thoughts from @JimPethokoukis & @m_clem aei.org/economics/the-…
Washington Examiner @dcexaminer
It is a blessing that the Chamber of Commerce has abandoned the Republican Party and thrown their lot in with the Democrats, writes @ConnCarroll.
"Let the Democrats defend mass migration and the low wages that come with it."
https://t.co/SA3RhvUvwj
8:02 PM · Jan 15, 2022
22 Reposts · 125 Likes
Nate Silver@NateSilver538
Having exactly 50 senators, one of whom is from a state Trump won by 39 points, is far from the worst possible outcome for Democrats, but it probably leads to the largest gap between expectations and reality.
9:11 PM · Jan 15, 2022
308 Reposts · 4.14K Likes
Noah Smith 🐇@Noahpinion
*Elementary* school is day care.
Junior high and high school are jail. 😉
Stephanie H. Murray @stephmurrayyyy
This piece was published in October of 2020, long after schools in Europe were already open. Its thesis is controversial in the U.S. and completely obvious literally everywhere else.
https://t.co/6pxUdVB15L
9:13 PM · Jan 15, 2022
5 Reposts · 82 Likes