Favorite Rejects 2022-01-15

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

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.comBloomberg - Are you a robot?

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

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

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.

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/

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

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

(((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

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.

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