advait
@advaitarun.bsky.social
capital markets & energy finance @ Center for Public Enterprise ☀️🏗️ • fmr US Treasury • bay area / dc • advaitcore.substack.com.
CARAVANSERAI VOLUME 2 ISSUE 11: What’s going to happen to MAHA? Our writers are skeptical it achieves anything positive—but its populism is here to stay. caravanseraiforum.substack.com/p/maha-movem...
Health is clearly having some kind of moment.
How will the MAHA movement—its leaders, its supporters, and their paranoia—shape US politics from here on out?
caravanseraiforum.substack.com
El-Sayed, Lawrence and McKinney all won progressive campaigns in Michigan last night by talking about climate and clean energy like it was a kitchen-table issue — because skyrocketing energy bills and endless wildfire smoke matter to people.
El-Sayed: "My commitment to Jewish safety is the same commitment that I have to the safety of my own daughters. Because if there is one question of political philosophy that ought to animate us all, it's what would we do if we treated all our kids like they were all of our kids?"
They could always sign up to give comment at a public meeting.
The Wall Street Journal@wsj.com · 24h agoNew York City’s business elites are long accustomed to direct access to City Hall, where even Democratic mayors felt the need to court the city’s wealthiest and most influential corporate leaders. That access is getting shredded by Mayor Zohran Mamdani.
CARAVANSERAI VOLUME 2 ISSUE 11: What’s going to happen to MAHA? Our writers are skeptical it achieves anything positive—but its populism is here to stay. caravanseraiforum.substack.com/p/maha-movem...
Health is clearly having some kind of moment.
How will the MAHA movement—its leaders, its supporters, and their paranoia—shape US politics from here on out?
caravanseraiforum.substack.com
it is one thing to have liz cheney bringing in people to vote for us based on shared affinity for democratic rule of law and providing a permission structure for former Republicans to profess democratic views, it is entirely another to suggest we should moderate towards antivax
It’s so cool to elect republicans and use ballot initiatives to overturn all their policy
Stephen Wolf@stephenwolf.bsky.social · yesterdayMissouri Republicans have relentlessly tried to destroy ballot initiatives after voters used them to protect abortion rights, legalize weed, raise the minimum wage, and reform redistricting. They are currently sabotaging a veto referendum that should have suspended the GOP's new House gerrymander
It is impossible to understand the median voter
Hard to disentangle early industrialism in the US and Britain alike from mercantilism and associated land grabs. US industrialization was heavily dependent on cotton from land-intensive, expansionist slaver economies in the South, for instance.
haha yes, dont expect historical accuracy from hawks. Britain doing just technology in 18-19thC and not doing imperial land grabs would come as news to half the world... what was interesting to me was the use of history to frame techno industrial competition over systems and 3rd parties.
advait@advaitarun.bsky.social · yesterdayFunny enough, this framing isn't even historically correct? Britain worried a lot about Russian encroachment on their existing land empire--in India--and their influence over Persia and Afghanistan. And the US was expanding quickly across the continent and taking island outposts in the Pacific.
haha yes, dont expect historical accuracy from hawks. Britain doing just technology in 18-19thC and not doing imperial land grabs would come as news to half the world... what was interesting to me was the use of history to frame techno industrial competition over systems and 3rd parties.
That's what taxes are, man. That's the definition of taxes. "You are subsidizing things you might never use" man shut the fuck up. My taxes currently subsidize like oil company exec private jets, you think I'm upset at low-income people eating inexpensive bananas?
USA TODAY Opinion@usatodayopinion.usatoday.com · 3d agoOpinion: Mamdani's idea may sound appealing, but it's NYC taxpayers who will take the hit, subsidizing discounts they may never even use.
I think this is fundamentally wrong but in an interesting way I will need to write about sometime. The key is a) consumers do not choose what is produced, or how, they choose between what is produced. This is a crucial difference
Max Dubler 🏳️🌈@maxdubler.com · 3d agoI think my most genuinely unpopular take is that a widely held and genuine consumer preference for cheaper, lower-quality goods, not private equity, is driving the decline in quality of consumer goods like clothing and housewares.
to draw out the argument here a bit you can’t point to market outcomes as say that’s what The People want. the market sucks very often
Industrial policy is often in tension with competition - a problem I call "the dilemma of picking winners." In this essay and the associated working paper, I propose a framework for doing industrial policy without entrenching the winners. lpeproject.org/blog/the-dil...
The Dilemma of Picking Winners
Industrial policy will often require picking winners: if there were already many domestic firms capable of producing the desired output, there would be no compelling reason for subsidy or special…
lpeproject.org
ICYMI heatmap journalism seems to have stopped a data center and gas fired power plant
Matt Zeitlin@zeitlin.bsky.social · 2d agobig @jael.bsky.social scoop: developer clearway isn't going forward with its data center and gas plant proposal (that had already been swapped out for an existing solar proposal) heatmap.news/sparks/clear...
I am cited in a West Virginia PSC filing, except I have no idea what I'm cited for lol
He dumped water we needed in LA to fight the Palisades wildfires into the Central Valley just to fuck us over and it wasted water they needed for the grow season. No one remembers this either. It's insane.
Stephen Judkins@stephenjudkins.bsky.social · 4d agoIt's pretty infuriating that Trump is denying disaster aid to Oregon for political reasons and I have barely heard anything about it, while Biden was falsely accused of doing the exact same thing to North Carolina and millions of people believed that
Gadfly returns to the magazine to emphasize that "coalitions of the willing" to constrain and move beyond U.S. global governance already exist along multiple dimensions: trade, defense, energy, and finance.
advait@advaitarun.bsky.social · 5d agoCaravanserai Volume 2 Issue 10: The USA is not a dependable global actor. Maybe it never was, but a foreign policy that was formerly even somewhat coherent has rapidly deteriorated. What options do other governments have to constrain the US? caravanseraiforum.substack.com/p/multipolar...
Zanjebar makes the case that other governments should try to stabilize and influence how the American public views the world. Even if the United States' global posture currently swings wildly between political parties, there is still opportunity to build coherence in the longer-term.
advait@advaitarun.bsky.social · 5d agoCaravanserai Volume 2 Issue 10: The USA is not a dependable global actor. Maybe it never was, but a foreign policy that was formerly even somewhat coherent has rapidly deteriorated. What options do other governments have to constrain the US? caravanseraiforum.substack.com/p/multipolar...
Losa Ruxemburg critiques assumptions of a successful transition to nonalignment and multipolarity, arguing that the comprador bourgeoisie of other countries will continue to hedge toward the benefits that access to American capital has long provided them.
advait@advaitarun.bsky.social · 5d agoCaravanserai Volume 2 Issue 10: The USA is not a dependable global actor. Maybe it never was, but a foreign policy that was formerly even somewhat coherent has rapidly deteriorated. What options do other governments have to constrain the US? caravanseraiforum.substack.com/p/multipolar...
Caravanserai Volume 2 Issue 10: The USA is not a dependable global actor. Maybe it never was, but a foreign policy that was formerly even somewhat coherent has rapidly deteriorated. What options do other governments have to constrain the US? caravanseraiforum.substack.com/p/multipolar...
The answer, if there is one, is leverage.
What strategies should other countries pursue to engage with—and, if necessary, constrain—the United States over the next decade?
caravanseraiforum.substack.com
"The people who work on farms often don't own them" is something that would have been completely intuitive to 99% of people for 99% of human history but is completely unintelligible to the people who make US public policy.
Sarah Taber@sarahtaber.bsky.social · 6d agoA very serious Rural Politico once told me "Dems have to go to farmer meetings! We gotta be where the people are!" I was in fact in a farmer meeting at that very moment! So I live-texted him the meeting. They were complaining that they want indentured workers that they don't have to pay or feed.
I have a new working paper up on SSRN, Tax and the Law of Market Cycles. The core idea is: what if we applied everything we've learned about countercyclical macroprudential regulation to the boom-bust cycles of physical commodities and heavy industries? papers.ssrn.com/sol3/papers....
Tax and the Law of Market Cycles
<p>The signature development in financial regulation over the past two decades has been the macroprudential turn: the recognition that healthy financial conditi
papers.ssrn.com
I am cited in a West Virginia PSC filing, except I have no idea what I'm cited for lol
Losa Ruxemburg critiques assumptions of a successful transition to nonalignment and multipolarity, arguing that the comprador bourgeoisie of other countries will continue to hedge toward the benefits that access to American capital has long provided them.
advait@advaitarun.bsky.social · 5d agoCaravanserai Volume 2 Issue 10: The USA is not a dependable global actor. Maybe it never was, but a foreign policy that was formerly even somewhat coherent has rapidly deteriorated. What options do other governments have to constrain the US? caravanseraiforum.substack.com/p/multipolar...
Zanjebar makes the case that other governments should try to stabilize and influence how the American public views the world. Even if the United States' global posture currently swings wildly between political parties, there is still opportunity to build coherence in the longer-term.
advait@advaitarun.bsky.social · 5d agoCaravanserai Volume 2 Issue 10: The USA is not a dependable global actor. Maybe it never was, but a foreign policy that was formerly even somewhat coherent has rapidly deteriorated. What options do other governments have to constrain the US? caravanseraiforum.substack.com/p/multipolar...
Gadfly returns to the magazine to emphasize that "coalitions of the willing" to constrain and move beyond U.S. global governance already exist along multiple dimensions: trade, defense, energy, and finance.
advait@advaitarun.bsky.social · 5d agoCaravanserai Volume 2 Issue 10: The USA is not a dependable global actor. Maybe it never was, but a foreign policy that was formerly even somewhat coherent has rapidly deteriorated. What options do other governments have to constrain the US? caravanseraiforum.substack.com/p/multipolar...
