Some fancy footwork there.
More homes, better transit, safer walking, higher QOL
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Some fancy footwork there.
Depends which president, I guess.
Some of the people are bad. Others are uninformed or misinformed.
"One-size-fits-all zoning" = every structure in this neighborhood has to be a single family detached house with a minimum lot size, minimum distance between each house, and a minimum number of off-street parking spaces.
Beautiful. Thanks for sharing.
Fabulous. Thanks for sharing.
I guess we can get genuine impoundment prevention only after we get a new Supreme Court.
The Fed *undershot* the 2% target for multiple years between 2010 and 2020. I didn't hear a lot of complaints from the financial community then.
One difference. The quality of sports reporting quality is so much higher than the quality of political reporting.
Looks like the re-education camp was successful.
About one-in-four Americans believe the sun revolves around the earth. www.npr.org/sections/the....
Thank-you for this needed reminder.
Exactly. Build lots of market rate housing and give $ to people with the bottom 25% of income so they can afford it.
Wile E Coyote has run past edge of the canyon and is floating in mid-air. The problem is it is unknowable whether it will take 1 month, 3 months, 6 months, 1 year, or 3 years for gravity to do its thing.
Criticizing people is fine. However as as my mom used to tell me, "It's not what you say, it's how you say it."
Seriously, I agree with you the economy is good and it will take a while for it to become less good. But the economy was good in 2004 and voters thought it was bad. Why is it different now?
Any thoughts on when the US party steered by experts is going to realize that perhaps the experts are no-so-much?
Of course in the long run ...
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These are the people the average American aspires to emulate?
No. darrellowens.substack.com/p/california...
Liz is one of the people I miss from the other site.
I don’t understand why people don’t think this is important.
Congratulations! Baltimore Banner is lucky to have you.
This small investor is glad he doesn't have to answer to a board of trustees. Over the long term, it seems like Yale was just about the only university that ended-up benefiting from the Yale model.
In Maryland, shout out to Marc Elrich and MACo.
This skeet is a keeper.
You've been correct on this topic for ~20 years. 👏
Thank-you. Steven Schwarzman on a proposed carried interest tax: “It’s like when Hitler invaded Poland in 1939.” Being a billionaire does something to a person's brain.
Thanks.
When writing about the problem the wording one has to use to accompany "unhoused" is necessarily more stilted than the wording one can use to accompany "homeless."
I'm curious. Did actual Milton Friedman ever support an actual cash hand-out piece of legislation?
That has been my impression, as well.
Plus, (with exceptions to be sure) the readership of WSJ, Bloomberg, FT, etc. want to know what's going on without the obfuscation & pandering that pervades straight news/politics coverage.
Yes.
My beer is Rheingold the dry beer...
When did Tyler Cowen become a liberal? I missed it.
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It could have worked like that but given the Times' ownership track record, the odds that it did work like this are microscopic.
Who says there is no informative commentary on social media? Nice to read someone who knows their history.
Excellent piece. What percentage of households that are nominally identified as farmers in the ag reserve actually make a living from farming?
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Your columns in Bloomberg are great. However, in this case you are just plain wrong.
"The rule of law is under-priced by those who benefit most." ritholtz.com/2014/09/the-...
With that guy, there's no such thing as a joke.
We've already lost the historic High's that preceded the 7-Eleven. 😉
Just want to mention that contra Ms. McArdle, productivity has not increased faster in the computer age (~1980-2025) than in the pre-computer age (~1950-1980).
This retired financial industry person misses Ignites & Fundfire.
Sounds about right.
This is almost as bad as David Zaslav dropping the HBO name in favor of Max.
I'm old enough to remember 'private affluence amidst public squalor.'
The editorial slant of NYTBR is another whole topic.
Terry Gross is a national treasure. Less well known, but also a treasure is KCRW's Michael Silverblatt. Unfortunately, he is no longer interviewing due to health reasons. lannan.org/bios/michael...
At least with respect to increasing the supply of housing, it looks like Washington Monthly is the neoliberal version of Robert Reich.
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Thank-you.
Just like people want to invest in Sam Bankman Fried-type frauds and then blame the government letting the fraudsters operate. Sorry, it doesn't work that way.
Excellent. Especially this. "[SEC Chair Paul] Atkins has made a career, and inspired his protégés, to tear institutions down from the inside, and then attack them with that inside knowledge from the outside. He ... will likely seek to dismantle 20 years of reform...from the top spot at the SEC."
As all phases of raising a kid have become professionalized and therefore more competitive (e.g, 3-year-olds' birthday parties, youth sports, college admissions) parents' and children's anxiety levels have soared.
Amazing redemption arc for woke Bill Kristol.
As one would expect from Axel Springer.
When you're right (and Stancil is right), you're right.
The the bad-faith misdirections (to put it mildly) are all laid out clear as day in the 1930s section of the National Holocaust Museum. Clearly, when our pundits took their 10th grade school trips to DC, they weren't paying attention.
I don't know about Rubio but istm that since 2016 Trump's actions are totally consistent with the view that the Steele Report is 95% accurate.
"He brings a lot to the table, but honesty and trustworthiness are not his strong suits." I can think of another prominent political leader (and former reality TV personality) who meets this description.
Bill Ackman is a living advertisement for 1950s marginal tax rates.
🎯 A great observation by Kevin Drum. I miss him.
Re the not-a-huge-deal "free buses" proposal: Normal, mid cities like Alexandria Virginia have free buses.
Share the road.
That quote deserves a like.
Agree. A gross receipts tax is a bad tax. Much better to tax net Income (income tacx) or consumption (sales tax). Taxing marginally profitable or unprofitable businesses makes no sense.
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Good point.
🎯 So much for the "liberal media."
Of course it buys into the pretext. It's the Atlantic.
90% marginal tax rate + unwritten social compact in 1950s & 60s kept executive pay in check. 1970s oil shock + Vietnam War gave us Reagan in 1980. Since then, exec pay has soared while economic performance has been below 1950s-1960s (and even 1970s) levels.
"Absolutely nothing"
Michael Bloomberg has donated billions to Johns Hopkins. I guess that's bad too.
About half the commenters have never read "How to Win Friends and Influence People."
Yes, it's National and not Reagan. Also, it's the Cabin John Bridge and not the American Legion Bridge. Thank-you for your attention to this matter.
Agree that PDX is good.
It's been 17 years since the GFC, we're about due.
A good memory is a blessing and a curse.
It's always good to thank people who send us good posts.
When people like Tom Nichols write stuff like this, is it because they are oblivious to what actually happened in the past or are they so blinded by their worldview that inconvenient facts become irrelevant?
Top layer at FT, Bloomberg, etc. is quite good. Everyone else ..... 🤷♀️
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I'll take soaring inequality and private affluence amid public squalor for $200, Alex.
"There's no such thing as society." -- Margaret Thatcher
You're doing this right. You need some company.
I agree with the comments below that its not a theory but a fact that Reagan/Bush landslides: 1. convinced conservatives that Rs are the natural governing party. 2. convinced D electeds and so-called thought leaders of the same thing. It's 40+ years and US political system has not recovered
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He was right in 2005 and he's right in 2025.
🎯 The National Mall in mid-morning has to be one of the safest places in America.
No one other than so-called leftists are mean on-line. 🤡
I have always hated the greed and egotism that is the basis of Shark Tank and never understood the attraction.
Paul Ryan/Greg Mankiw Replublicans would *love* to replace part/all of the income tax with a flat tax. Of course, politically, they're as extinct as the carrier pigeon.
Seems like SC justices need to recuse themselves from this discussion.
Oops, that was already said. Sorry.
💯 Y2K enters the chat.