Luke Herrine

@lookheron.bsky.social

Asst Prof, Alabama Law. Formerly: LPE Blog, Debt Collective. Consumer law, consumer finance, market governance, law and political economy

"I will be frank with readers; I’m genuinely concerned about this possibility because of an increasingly effective analytical test in the second Trump term: Is the possibility I’m thinking about incredibly stupid, ill-considered & dangerous? Does it sound like a completely ridiculous & pointless way

Nathan Tankus@nathantankus.bsky.social · 13h ago

NEW @crisesnotes.bsky.social piece: So much of the joint United States-Japanese currency intervention last Friday makes sense, even considering Bessent's silly theatrics. Yet some strange choices "under the hood" portend danger for the global financial system www.crisesnotes.com/a-hidden-geo...

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

People think "Hollywood" is rich and famous. The reality? Film and TV is a national industry. It's a blue collar industry. And it is an industry free fall. My latest for @newrepublic.com on how the Paramount merger would crush blue collar workers who can not afford it newrepublic.com/article/2136...

There’s a Blue-Collar Hollywood—and the Paramount Merger Will Kill It

Hollywood isn’t all glamour. It’s thousands of line workers. And a Paramount takeover of Warner will make their lives even more precarious.

newrepublic.com

We need you to ACT NOW and send your US Representative an email opposing devastating farm worker legislation to make Trump's farm worker wage cuts into federal law. 5 Democrats have joined 47 Republicans in co-sponsoring this devastating legislation. 1/

Supermarket sushi is now a multibillion-dollar industry, but according to a new lawsuit, the market is fueled by an unjust franchise system that skirts labor laws to exploit the industry's Burmese workforce. To learn more, read Victor Maung's latest for @prismreports.org:

The hidden cost of America's supermarket sushi boom

Myanmar refugees face exploitative working conditions as the backbone of the grocery store sushi industry, according to a lawsuit

prismreports.org

I think Zohran’s grocery stores are a worthwhile policy experiment. That said, the idea that people in food deserts eat less produce due to lack of access has been thoroughly debunked. The real problem is that low-income people can’t use SNAP for hot prepared foods.

Glick & Lozada's careful takedown of zombie welfare economics is playing a big role in my current thinking on price discrimination (in which talk of "surplus" is all over the place, even in cutting-edge I/O, without any acknowledgement of the problems with the concept)

The Sling@theslingutah.bsky.social · last wk.

"The Economics on Which the Law and Economics Movement Relies Is Ideology, Not Science" by Mark Glick, Gabriel Lozada, and Darren Bush (And the science more readily supports the LPE movement) cc: @lpeblog.bsky.social www.thesling.org/the-economic...