Christian Weller

Awesome. Keep sharing. You have my contact info and I am happy to support your run.

There's a different way.

News is a public good and so the market will undersupply it.

It should be subsidized and Americans can each decide which media institutions they want to support.
democracypolicy.network/agenda/stron...

It was transforming the biggest NFL stage in the world into a sugar cane plantation that did it for me.

Like, the multiple layers of turning an American icon into a plantation and highlighting the history of exploitation of Black and Brown bodies by the NFL and American colonialism simultaneously?

The end of DOE’s grid work in Puerto Rico The Trump administration has canceled all eight of the remaining awards devoted to distributed energy on the island.

Just a few weeks ago, the administration cancelled all remaining department of energy grid resilience projects in Puerto Rico. All of them. www.latitudemedia.com/news/the-end...

Remember that under the first Trump administration, Puerto Rico had to suffer through the longest power blackout in U.S. history bsky.app/profile/cost...

Already had dinner but this made me hungry again.

We have the better music.

> @thehill.com
@brucespringsteen.net 🎸

thehill.com/blogs/in-the...

Hope you stay safe and warm. Love the pics.

That's going to be my mantra as I fall to sleep.

And now I am going to awake all night.

The Corgi would have disappeared in the snow on Boston's north shore. Wild how much it differed today

“.. Our BTC price target is 0.0. That’s not just for shock factor. It’s where the math takes us,” the strategist said, noting that Bitcoin has failed to function as a dollar hedge and instead operates as “a speculative instrument correlated to the Nasdaq.”

#Bitcoin
seekingalpha.com/news/4547997...

WEISENTHAL: “.. if #Bitcoin can’t thrive during a period where every rich government and fiat currency is perceived to be under stress, what’s the environment for it?”

@weisenthal.bsky.social @opinion.bloomberg.com

The AI boom is starting to look a lot like past tech bubbles.

@deanbaker13.bsky.social warns that consumption is growing increasingly unstable and outpacing wage growth, raising major recession risks if the bubble bursts. 
https://bit.ly/4q2FaPH

Not obvious why this is happening now. Such fundamentals as there are - demand for use in crime and tax evasion, support from US authorities and elites, widespread use as a speculative asset - haven't weakened. [see also @weisenthal.bsky.social newsletter]

MACPAC table showing how much rebates reduce Medicaid prescription drug costs.

New MACPAC data show the highly effective Medicaid Drug Rebate Program reducing gross Medicaid drug costs by 54.9% in FY 2024. Earlier Congressional Budget Office research found that Medicaid gets the lowest net prices of other federal programs/agencies even the VA: www.macpac.gov/publication/...

Not an urban planner, but making more room for pedestrians downtown is essential.

I tend to skip to reviewer 2 to get it over with. It only gets better after that. Congratulations

a brown wire-haired pup stands on a wooden deck in a grassy yard. he looks at us with golden eyes and his right ear flipped inside out. he has a pipe-shaped stick in his mouth, giving him the appearance of a sophisticated and dapper gentleman. just give him a deerstalker cap and a cloak, and he'd give Sherlock Holmes a run for his money.

This pup found a stick shaped like an old timey pipe earlier today and has already solved three mysteries. 13/10

When you say it that way, it tastes so much better

BofA: The “K” is here to stay
Ratio of lower- and higher-income spending to middle-income discretionary spending

Come be my colleague @dukesanford.bsky.social!

I'm chairing this search for the inaugural Rosen Family Professor of the Practice--an experienced scholar-practitioner--and am happy to field questions via the email in the job post.

More details in the posting below 👇👇👇

The idea that India is going to buy $500B in US exports over any short-run timeframe to be farcical by the way. Total US exports to India are like $40B a year at this point

Trump is pushing to include risky assets like crypto and private equity in 401(k)s: Why this endangers retirement savers and the economy Key takeaways  President Trump has veered away from the path that previous administrations have taken on 401(k) and other retirement plans. Instead of protecting the millions of workers with retiremen...

New rule on alternative investments in retirement accounts expected very soon. Here's an FAQ that provides background. This is all about enriching himself and his cronies, not "democratizing" investment options. And as taxpayers, we'll be subsidizing it. www.epi.org/publication/...

Markets and Mobility: How Employers Structure Economic Opportunity

Intergenerational mobility, measuring the ability to achieve economic success regardless of family background, is a critical reflection of a society’s commitment to equality of opportunity. Rising income inequality has raised concerns about the potential erosion of upward mobility. While education has traditionally been viewed as the path to mobility, its transformative power is facing challenges in a rapidly evolving job market. This project reorients the focus of intergenerational mobility research by highlighting the labor market as an arena for the reproduction of advantage. It employs a comparative approach, using administrative data from four countries: Sweden, Austria, England, and the United States. It also incorporates evidence from a broader set of nations through cross-national surveys, longitudinal household surveys, labor force surveys, secondary data, and digital trace data. The project employs cutting-edge empirical methods, including quasi- experimental designs, event studies, within-family comparisons, decomposition analyses, counterfactual simulations, and diagnostic checks to rigorously assess the extent of inequalities in the labor market. The research investigates how family background influences the sorting of individuals to employers and workplaces, accounting for education and occupation, and explores variations in career progression within and between employers. It comprehensively catalogues and assesses mechanisms shaping workplace inequality, contributing to the development of social closure theory. Additionally, the project evaluates intervention strategies, encompassing both employer practices and government actions, to promote fair opportunity in the labor market.

JOB! I'm hiring a postdoc for 2 years on my ERC MaMo project.

Looking for someone with strong quant methods, ongoing work close to the project's aims, and a desire to publish in sociology. Start flexible in the next 12 months.

Formal call out shortly, but contact me first.

Exchange rate pass through (as the dollar falls), and tariff pass through (as they reach record highs) #EconSky

econbrowser.com/archives/202...

Good luck.

An Anti-Affordability Agenda: Trump’s Advisors Call on States to Raise Taxes on the Working Class and Drastically Cut Taxes for the Rich The Trump administration’s Council of Economic Advisors suggests that states consider drastically raising sales taxes and using those new revenues to pay for repealing taxes on corporate and personal ...

The Trump administration now wants states to consider drastically raising sales taxes in order to eliminate corporate and personal income taxes.

Working-class families would face dramatic tax increases while the wealthiest families would see their state tax bills plummet. itep.org/trump-counci...