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Joined January 2024
🚨 My latest: Decommodifying housing, lowering rents, and building a financially secure post-speculative housing system. The paper covers: Social housing
Tax system reforms to curb speculation and fund public development
Fighting gentrification and homelessness
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Economics is fundamentally political. We cannot escape this fact. The so-called “free market” is constructed by laws, maintained by institutions, and enforced by states. The choice between austerity and stimulus reflects deeper beliefs about responsibility, fairness, and social obligation. The mandates of central banks are products of political decisions. The emphasis placed on price stability in Western central banks rather than, say, regulating private finance reflects value judgments as well as political lobbying. One of the biggest differences between mainstream economics and heterodox economics is that the former often disguises political choices as technical ones. Economics has never been, and never will be, a value-free science, no matter how much today's mainstream economics tries to present it that way. At its core, economics is shaped by ideologies, human morality, competing interests, social norms, and political priorities. Pretending otherwise does not make economics more rigorous. It just makes it more dangerous.
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I expected blowback against this because Member Miller targeted a community that is heavily organized. When she put a NIMBY on the CPC and appointed a watchdog to the District 5 CAC, there was no blowback because those actions were more under the radar. This is a lesson in organization and solidarity 😁
any chance you're one of the (many) Detroiters who's worried about District 5 Councilmember Renata Miller's memo re: local bars on the east side? i've got an update for you. check out my latest with @BridgeDet313 bridgedetroit.com/eastside-b…
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In January 2025 my mom’s lung cancer spread to her brain. The drug with the best chance of helping her was approved in China but not here. A doctor told me, almost as an aside, that if she were Chinese she could buy it at a pharmacy. So I flew to Shanghai and came home with 26 boxes in my luggage. That was 19 months ago. My mom is still here, still working, and in her words has had an amazing three years. The drug was approved in China in 2023. The FDA approved it in July 2025. It still is not for sale here. I know of at least 30 Americans who have made the same trip. I have been scared to tell this story because I worried it could cost my mom access to the medicine keeping her alive. But the problem matters more than my silence. These drugs need to be developed and available here, and that means FDA reform. Art Allen at KFF Health News told our story this week. It also ran in The Washington Post. kffhealthnews.org/health-ind…
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Datos del @Latinobarometro: en 2018, 88% de los mexicanos creía que el país se gobernaba para unos cuantos poderosos. En 2024, solo 50%. En veinte años de medición, ningún gobierno había movido así esa convicción. La 4T sí. Aquí la gráfica:
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When I moved to Chicago for grad school, I lived on a ~ $25k/year stipend for my doctoral program. I rented a glorious 1BD in a Rogers Park courtyard apartment for $900/mo. I had a bike and a transit pass. No car. Apartment had ZERO on site parking —which is why I could afford it and why the neighborhood is so great (more space for people and businesses, less for cars)
Build as if your neighborhood will be sustained by the young who can afford to move in, rather than becoming a geriatric enclave that dies with you. They need accessory dwellings, efficient multi-family housing, and other places they can afford. Around the block, not across town.
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The contradictions are sharpening.
James Carville says he'd rather have Republicans keep control of the House than Democrats winning the chamber by 5 seats. "I would rather the Republicans keep the House by five than the Democrats win by five, because if that happens, they’re hostage to the DSA. Like, Hakeem cannot move. There’s no place for him to go."
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Jalen retweeted
UPDATE: @DropSiteNews has received a letter from attorneys representing Mike and Kristi Rogers, demanding a retraction of the below article and threatening litigation. We have updated it to include comment from their counsel. We stand by our reporting and will defend it if necessary.
Mike Rogers second wife worked for Paul Bremer in Iraq. Rogers divorced his wife in 2007 and married Kristi Clemens in 2010. After her Iraq job, Kristi launched the U.S. branch of Aegis, a security contractor, which got a billion dollar contract after Mike Rogers became chair of the Intel Committee. Kristi Rogers took credit for it in a now-deleted bio. Then in 2014, Rogers faced criticism from the right for slow-walking the Benghazi investigation in order to protect his wife and her firm, which was doing work in Libya. After his divorce, Rogers broke, his disclosures show. His wealth surged as his wife’s company raked in taxpayer money. Details here:
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$4.2 million. Fourteen homes on a 60x100 lot. One main stair plus an exterior spiral stair to the courtyard. 5 1BDs, 6 2BDs, 2 3BDs, 1 4BD. 7 of the 14 homes have 2BD+ with kitchen windows looking directly onto a sandbox in the backyard. This is what family-friendly density looks like. ~ $298k per home. $155k per bedroom. $351 per residential square foot, at $290/sf hard cost. Six stories: a shop and garage at the sidewalk, an accessible 1BD, a 4BD simplex across all of floor 2, two family floors with a 3BD and a 2BD each, and two floors of smaller homes on top. FAR 2.4. About 100 homes an acre. Garden, trees, balconies. Michigan’s new single-stair law gets you four of these floors. The other two are waiting on the state.
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A trillion dollars in interest expense — in one year. And a 100 basis-point rise across the yield curve would drive up 2027 interest costs by another $310 billion. “A snowballing of debt.” @business bloomberg.com/news/articles/…
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3.275 million people and not a single bus that comes more than every 20 minutes.
Detroit steps away from its Midwestern peers, other than Chicago (~5.4 million). Cleveland, Columbus, cinci, Indy, St. Louis, Kansas City, Milwaukee all in the same 1.4-1.8 million range. Minneapolis ~2.5 million.
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Jalen retweeted
A Time Bomb if you will wheresyoured.at/core-incompe…
“.. CoreWeave is absolutely the canary in the coal mine. This is going ​to be a turning point in the pricing and availability and structure of credit that's supporting the AI boom.” @Reuters $CRWV reuters.com/legal/transactio…
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I watched You Can See Everything last night. There is nothing like it. It is completely and totally novel. Nathan Fielder is in his own class of genius. I cannot recommend it enough. I will talk about this until I die.
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Jalen retweeted
she looks like a fierce therapist who does NOT take my insurance
Olivia Colman stuns for ‘WICKER’ press.
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This is genuinely depraved in a way that was probably inevitable for this administration but is still shocking on some level.
WASHINGTON (AP) — Pentagon says the firing squad execution of Fort Hood shooter Nidal Malik Hasan will be livestreamed in December.
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🚨 𝗡𝗘𝗪: Patrice Evra has announced the heartbreaking passing of his mother, Juliette. The Manchester United legend fought back tears as he paid an emotional tribute to his mother: “I lost my ROCK, but I’m trying to stay positive. “To everyone who still has their mum, tell them you LOVE them every single day before they leave. “A mother’s love is FOREVER. Rest in peace, Maman. “You will always be in my heart.”
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I just encountered a border patrol officer so dickish it almost makes me want to make it my life’s mission to pursuing a Schengen zone with Canada and Mexico so I can put that guy out of a job.
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Real wage growth was negative for the fifth month in a row in August.
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How much money is enough
From @TheAthletic: LeBron James will make nearly four times as much promoting the Polymarket prediction market as he will from playing basketball. The deal may not break NBA rules, but it raises uncomfortable questions. nyti.ms/476hxP5
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A small infill developer shared their pro-forma with me. Fees amount to *20%* of total project costs. Mortgages for homebuyers will be be at least $1,212 / month more expensive. If CA Democrats want to advance an affordability agenda, start by cutting housing fees.
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