Something that I see persistently misunderstood on here is that the 1965 Immigration and Nationality Act made restrictions on immigration from Latin America *tighter* not looser. Absent the '65 law (ceteris paribus) we'd have even more immigrants, not fewer.

Trump's base of classified document handling fanatics is going to turn hard against Hegseth

@rustbeltjacobin @yeselson @ModeledBehavior Key to this worldview is actually that it is to a large extent agnostic about whether bigness or smallness or any particular antitrust regime has a positive impact on efficiency, output, or prices. The goal is simply to increase the number of small business owners.

I predict the future will feature some furious debates about the legal vs economic incidence of a subtraction method VAT.

“Lawyers vs economics” is honestly a better summary of a lot of the factional divide than anything about ~populism~ we keep bumping up against the issue of should we assume that creating additional layers of legal process will lead to better outcomes.

Small stores’ key value add is convenience, which they charge a premium for (exploiting hyper-local monopoly over convenience) while larger stores use scale to extract better deals from suppliers, offering lower prices to consumers willing to travel further for a good deal.

I’m sorry but eating Fruit Loops is not going to be healthy whether or not they remove synthetic food dyes in 2027.

A social safety net that transfers resources from working-age people to non-workers makes sense, but within the category of non-workers we are massively overweight on "old people" relative to "kids and their caretakers."

The price of durable good steadily declined from the mid-1990s until the disruptions of Covid.

On a state level, renewable-heavy grids aren't more expensive and they're not particularly concentrated in blue states — building renewables where the geography is friendly to them is a clear winner.