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Obvious in theory but still a bummer to confirm: Address-tied housing interventions harm mobility & tenant employment "Market-Rate Citizens" are free to seek homes they can afford in locations of their choice "Affordable Citizens" can't move without losing their assistance
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Luis E. Quintero
@leqonomics
New Publication. šŸ™ļøšŸ“ˆ Thrilled to share that our paper, ā€œš˜æš™¤š™šš™Ø š™š™šš™£š™© š˜¾š™¤š™£š™©š™§š™¤š™” š™„š™£š™˜š™§š™šš™–š™Øš™š š™š™šš™£š™–š™£š™© š™š™£š™šš™¢š™„š™”š™¤š™®š™¢š™šš™£š™©?ā€, has been published in the š‰šØš®š«š§ššš„ šØšŸ š”š«š›ššš§ š„šœšØš§šØš¦š¢šœš¬!!! šŸš€ šŸš€ šŸš€ (with Hanchen Jiang and Xi Yang). Thread.
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David Watson šŸ„‘
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Young organizers mock the idea that even people deeply rooted in community need to move within it when they change jobs, marry or divorce, have children or empty-nest But a trophy rent-controlled studio of your early 20s is a golden handcuff in your 30s
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Alex Armlovich
@aarmlovi
There is a certain type of rent control person who just doesn't understand that most people need a 1-bed, then a 4-bed, then back to a 1-bed—at different stages of life People move when they marry, have kids, get divorced or widowed, become empty nesters (or get a new job!) x.com/halaljew/statu…

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Are you a w-2 worker? Do you rent? Do you not have kids? Congratulations on personally holding up the whole tax system
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Corey Husak
@CoreyHusak
Kind of astonished. Nevada Dems are asking the Trump Admin to ignore clear OBBBA text and illegally expand "No Tax on Tips". They want Treasury to: -allow tips in excess of the $25k limit -allow tips in a specifically excluded industry -allow tips that are ā€œnot voluntaryā€ x.com/bymichaeljones…
Something like this seems plausible to me: The year is 2027. Mamdani is the NYC mayor. NYC is widely understood to be in trouble. The center-to-right blames socialism. The center-to-left says ā€œJob growth was putrid before he was elected, Trump crushed tourism and declines
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It makes me proud of the economics profession that Trump can't find a single normal economist to sell out and endorse his policies. He has to reach deep into the Bag O' Morons for every role with some crank who has no publications and makes mistakes an undergrad would laugh at.
I’m starting to think they just hate the concept of international trade
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FinancialJuice
@financialjuice
šŸ”“ US Treasury Secretary Bessent floats rolling out export tax to more industries - FT.