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Post Asgqu1XUyZ90LeJwQ4 by [email protected]
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Post #AsgqthXpJdWUKsJv9c by [email protected]
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It's not that the Republicans and the Democrats are the same...obviously. B…
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If you'd like an essay-formatted version of this thread to read or share, h…
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So the Dems stood against discrimination in mortgage lending - but not *for* th…
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And of course, in a country where racial and gender discrimination were still t…
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When Trump figured out that he could campaign on these issues, Dems had no resp…
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Trump's genius was to marry white supremacy to economic grievance, tricking…
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From Pelosi's "We're capitalists and that's the way it is&quot…
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Racial and gender justice matter, of course, but when they're pursued witho…
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The worst-treated workers in America are also its most discriminated-against wo…
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Just as a special tax on incomes over $1m will disproportionately affect straig…
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This has produced a kind of grotesque, Sheryl Sandberg "Lean In" libe…
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The right saw and opportunity and seized it. As Naomi Klein writes in *Doppelga…
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In right wing, conspiratorial hands, rage at wage stagnation and lack of parent…
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But Clinton went ahead and signed *more* free trade agreements, which were also…
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It's a cheap trick, but Dems keep falling for it. When the right declares i…
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Anthropologists call this "schizmogenesis" - when a group defines its…
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Signalgate will be out of the headlines in a matter of days, though - unlike ta…
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For the most part, the progressive discussion of Trump's tariffs takes the …
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Economists support this analysis. But in a new, well-argued editorial in *The S…
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Rejecting tariffs is practically an article of religious faith among economists…
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Every Econ 101 class has a unit on David Ricardo's "theory of competit…
Post #AsgqtrqH1uDkGz1nIO by [email protected]
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As Glick and Lozada write, the logic of this argument is unassailable, provided…
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As Milton Friedman famously wrote:> Truly important and significant hypothes…
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It's actually worse than it seems, because economics, as a field, has been …
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This is what Ely Devons meant when he said, "If economists wished to study…
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As Glick and Lozada write, the case against all tariffs depends on five assumpt…
Post #AsgqtuGa14S3n9LpZo by [email protected]
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This assumption doesn't hold up to empirical scrutiny. After the US dropped…
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II. No externalitiesThe employment losses from free trade are not evenly distri…
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The people who sold groceries, cars, and furniture to factory workers also lost…
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III. Comparative advantage leads to long-term growth and developmentThe theory …
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Without exception, the poor countries that grew richer did so in the presence o…
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IV. Floating currencies keep trade balancedIn theory, adjustments in currency m…
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V. The US provides compensation for trade-related job-lossesWhile other countri…
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Now, just because *some* tariffs are beneficial, it doesn't follow that *al…
Post #Asgqty9zXVYfrsIcrY by [email protected]
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Trump is doing mirror-world tariffs: tariffs without industrial policy, tariffs…
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Resist the schizmogenic urge to say, "Trump likes tariffs, so I hate them.…
Post #Asgqtz9fqAtkxB9t0S by [email protected]
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The digital age - in which US-based multinational firms rely on digital technol…
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America's (former) trading partners can retaliate against US tariffs by abo…
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That would deprive the largest US companies of their recurring revenue streams …
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For example, your country could become the world's leading exporter of iPho…
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This would tempt in all the biggest app companies in the world - from Patreon t…
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But that's just one market this enables: the actual business of iPhone jail…
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This is a development opportunity without parallel. US tech monopolists worked …
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I'm on a 20+ city book tour for my new novel *Picks and Shovels*. Catch me …
Post #AshaiGx2Rd8oZ1bKqG by [email protected]
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@pluralistic I agree on all these points but I only want to add that more progr…
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@CptSuperlative @pluralistic In America, the winners are 100% decided by who sp…
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@algaeman @CptSuperlative This is a weird thing to post ONE DAY after a Democra…
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@pluralistic @algaeman @CptSuperlative I'm not sure the winner, Crawford wa…
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@johncarlosbaez @pluralistic @algaeman @CptSuperlative Didn't expect a &quo…
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@johncarlosbaez @pluralistic @algaeman @CptSuperlative it took me a while to in…
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@mapto - I said I'm not sure Crawford was wildly outspent. The reason why …
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@pluralistic "Since the Clinton years, Democrats have been trying to figur…
Post #AsiTNb2o2U4qHMS8Ia by [email protected]
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@pluralistic There’s an old adage: “ Never attribute to malice that which c…
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