Chirag Lala

Claude, is derisking now good when your opponent sinks the country into an electricity crisis and so revives the solar ITC by calling it something different?

Disclaimer. I doubt this happens but it would be so funny.

Watch them come up with the most ludicrous ways to have the “it’s variable” vs “it economizes capacity” fight.

We got it after Claude Code came out. Pretty happy with the choice. Think it even went down today (idk the status) since there were plenty of concerts trying to access the site.

Liberals are winning labor-saving technical change in the national divorce.

Distracting from (waves hands around) to show off the newest addition to our website: a transportation vertical!

Very proud and thrilled that @jmooreotto.bsky.social is leading the charge. Lots of cool work to come.

“If Kamala wins, only death and destruction await because she is the candidate of endless wars. I am the candidate of peace. I am peace.” - Trump, 11/1/24

“I’m not going to start a war, I’m going to stop wars.” - Trump, 11/5/24

The only concern I have with a congressional candidate who wants to back Ukraine to the hilt, defend Taiwan, and impose costs on Israel for gross civilian harm is how much money I can donate to them.

You fucking losers.

Based based based

really, you don't even have to move that far on econ to the left

just be the social liberal party that zoomers and young workers want

The lit review at the beginning showcasing land war narratives’ focus on the USSR’s contribution to victory elicited a chuckle. So online without meaning to be.

Finally getting around to How the War Was Won! Listening via Libby. @sjshancoxli.liberalcurrents.com

There are some great ideas emerging in the space, like the proposals for the ARC Act and Westinghouse's supply procurement facility. But, contrary to the hype, today's financing landscape can't support new nuclear.

Thanks @cthelala.bsky.social @buddyyakov.bsky.social:

The path forward for nuclear tax credit monetization Nuclear developers have practical reasons to be concerned that the ITC, large as it is, cannot easily provide them with upfront construction-period support.

New blogpost from the @publicenterprise.bsky.social energy team: The investment tax credit CANNOT derisk new nuclear projects.

We explain why tax credits can't derisk project completion uncertainty and suggest one possible path forward: public nuclear?
publicenterprise.org/the-path-for...

Public enterprise for a thriving economy In late 2025, the Sustainable Energy and Environment Coalition (SEEC) Institute released a Request for Information (RFI) seeking ambitious economic policymaking strategies that advance affordable and ...

In December, @publicenterprise.bsky.social submitted to the @houseseec.bsky.social Institute's Thriving Economy Project RFI.

Our submission is probably the best summary of what the CPE energy team has been working on these past two years.
publicenterprise.org/public-enter...

Finished a fun bit of fiction on the “Martian Revolution.”

My latest for Liberal Currents. A substantial portion of conservatives want to be rich people in a poor country because it affords them a greater sense of hierarchy and power. We misunderstand that at our peril, but making it clear and not affording them the benefit of the doubt could save us.

I think this is the best answer to the prevailing "consumers want a lower nominal price level." Or even to the idea that voters will "choose" between low prices and low unemployment.

Neither are really the point of affordability politics. Price volatility is!

Everything is Minsky. Ie the composition and projection of household balance sheets takes a real beating, sense of precarity rises, as do credit costs. Even if the cash inflow and outflow statements might look fine - even flush.

Been pushing the line about volatile prices myself also. Voters can, in principle, live with stable 3% or 4% inflation. But if inflation close to or lower than 2% suddenly approaches double digits (even if it comes back down), that causes particular problems.

Why Affordability and the Vibecession Are Real Economic Problems There are many ways inflation makes people worse off even when real incomes recover, especially for essentials.

Great @mtkonczal.bsky.social post. The political economy of the affordability crisis sees the difficulty of planning if prices are volatile, faster-than-baseline rise in essentials prices, a credit cost shock, and a squeeze on first-time home buyers.
newsletter.mikekonczal.com/p/why-afford...

Bizarre that senior Labour politicians choose *now* to defend a fatally rudderless premiership.

Take energy. They (Wright, Burgum, Trump) can say "energy dominance" all they like. The reality of their governance shows however: destruction of state capacity, yelling at industry to invest, attacks on wind and solar driven by lib-derangement syndrome.

All the more odd given that the people positing vibe shift had all the information they needed to know where Trump 2.0 was headed in both direction and degree.

Yup. The idea that a narrow plurality win would give the MAGA GOP ownership over American culture was never going to survive contact with their actual governance.

The 2025 "vibe shift" was something a lot of media tried to make happen, casting themselves as mere observers rather than drivers.
But it turned out 2024 was a national election amidst multiple fluky factors in the aftermath of a global pandemic, not a binding referendum on American culture. Whoops.

The other thing about Abenomics that’s forgotten in the West is how contradictory it was to pair it so early with a consumption tax hike.

the thing about the fiscal policy of the Japanese right is that it's a lot more Keynesian/expansionary, primarily because the LDP uses expansionary policy to reward its various voter base members

Abenomics's third arrow was for for structural reform, but Abe didn't really manage much there

one thing i feel like the Anglosphere suffers with is the fact that in Japan, fiscal expansionary measures are coded as on the right-wing of the LDP while fiscal discipline is for the left/center wing of the LDP

🫡

bluesky doesn't have a huge userbase but the core of it is progressive, highly engaged, and quite plugged in to a lot of stuff - if you want to drive eyeballs to good left-of-center content or raise money for a cause this is one of the best resources you have