Steve Randy Waldman
@interfluidity.com

they have a theory based on an idealized libertarian gold standard, along with profound cynicism and hostility towards the govt, and the idea it might be able to issue paper on advantageous terms, enabling it to act capaciously. i agree there’s a FAFO aspect to it. to bad we’re along for the ride.

in reply to this
Steve Randy Waldman
@interfluidity.com

they’re working on it. i guess we’ll all see what’s next.

in reply to this
Steve Randy Waldman
@interfluidity.com

they’ve dealt with livestock before.

in reply to this
Steve Randy Waldman
@interfluidity.com

i don't actually think they are more "ask not what you can do for your country" than the other way around.

in reply to this
Steve Randy Waldman
@interfluidity.com

i love this guy. of course he was crushed. from Ben Ryder Howe nymag.com/intelligence... ht @lollardfish.bsky.social @maeamian.bsky.social

Text:

The ranger, Alex Sienkiewicz, had infuriated the ranchers by tearing down their “No Trespassing” signs. In the summer of 2016, he sent a staffwide email that read, “This is my regular  reminder: NEVER ask permission to access the National Forest Service through a traditional route shown on our maps EVEN if that route crosses private land. NEVER ASK PERMISSION; NEVER SIGN IN.” Text: The ranger, Alex Sienkiewicz, had infuriated the ranchers by tearing down their “No Trespassing” signs. In the summer of 2016, he sent a staffwide email that read, “This is my regular  reminder: NEVER ask permission to access the National Forest Service through a traditional route shown on our maps EVEN if that route crosses private land. NEVER ASK PERMISSION; NEVER SIGN IN.”
Steve Randy Waldman
@interfluidity.com

as billionaires buy media, bribe voters with “petitions”, finance dark money influence groups in order to buy a Supreme Court and now an election for a fascist, will center-left liberals finally concede that top inequality is a problem, that it’s not sufficient to just try to “raise the bottom”?

Steve Randy Waldman
@interfluidity.com

[new draft post] Midsize is the right size drafts.interfluidity.com/2024/10/24/m...

Steve Randy Waldman
@interfluidity.com

when throwing one scapegoat off the cliff doesn’t resolve the problem, well you need to find another scapegoat to throw off the cliff for that!

Steve Randy Waldman
@interfluidity.com

A very good interview by @lexfridman.bsky.social of #BernieSanders, a guy who through all the twists and turns has retained my admiration. It's also quite remarkable how quick and on-point he remains, compared to his contemporaries, Joe Biden, Donald Trump. lexfridman.com/bernie-sande...

Link Preview: 
#450 – Bernie Sanders Interview | Lex Fridman Podcast: Bernie Sanders is a US Senator from Vermont and a two-time presidential candidate. Thank you for listening ❤ Check out our sponsors: https://lexfridman.com/sponsors/ep450-sc See below for timestamps, ...

#450 – Bernie Sanders Interview | Lex Fridman Podcast

Link Preview: #450 – Bernie Sanders Interview | Lex Fridman Podcast: Bernie Sanders is a US Senator from Vermont and a two-time presidential candidate. Thank you for listening ❤ Check out our sponsors: https://lexfridman.com/sponsors/ep450-sc See below for timestamps, ...
Steve Randy Waldman
@interfluidity.com

Culturally, we’ve grown accustomed to rooting for anti-heroes. I wonder if that hasn’t primed us to be able to vote for someone like Donald Trump, in full(ish) knowledge of who he is. Are we just collectively Breaking Bad?

Steve Randy Waldman
@interfluidity.com

from @hamiltonnolan.bsky.social inthesetimes.com/article/unio... ht @erikloomis.bsky.social

Text:

Here is one thing we can say for sure about union members who vote for Trump: The fact that they are union members is not the most important part of their own identity. If it were, they could be easily persuaded not to vote for Trump, a literal billionaire scab who we have already seen act like a typical anti-labor Republican during his term in the White House. Hell, J.D. Vance gave a speech opposing the PRO Act just a few days ago! The interesting question here is not whether these guys are full of shit when they ask union members for support; the interesting question is why many union members care so little about being union members that they allow themselves to be tempted into the Republican camp. Their competing identities — as macho guys, or as racists, or as anti-elites, or as Christians, or whatever — have overtaken any hold that their identity as a union member may have had on their hearts and minds. That is a problem that cannot be solved by any politicians. It can only be solved by the labor movement itself. Text: Here is one thing we can say for sure about union members who vote for Trump: The fact that they are union members is not the most important part of their own identity. If it were, they could be easily persuaded not to vote for Trump, a literal billionaire scab who we have already seen act like a typical anti-labor Republican during his term in the White House. Hell, J.D. Vance gave a speech opposing the PRO Act just a few days ago! The interesting question here is not whether these guys are full of shit when they ask union members for support; the interesting question is why many union members care so little about being union members that they allow themselves to be tempted into the Republican camp. Their competing identities — as macho guys, or as racists, or as anti-elites, or as Christians, or whatever — have overtaken any hold that their identity as a union member may have had on their hearts and minds. That is a problem that cannot be solved by any politicians. It can only be solved by the labor movement itself.
Steve Randy Waldman
@interfluidity.com

Ads for candidates I support don’t motivate me. I resent the manipulation. I feel like they cheapen causes that matter to me, and turn them into grifts. But ads by their opponents—the shamelessness and dissembling—infuriate me. The other guy going negative is, for me, the most effective positive.

Steve Randy Waldman
@interfluidity.com

absolutely. long-term, we need ways to live more efficiently so we're not moving a ton or three every time we need to stop for milk. but while we're living this madly, we'd better EV it to mitigate the harm. i know he dislikes the activitsts, but MY's low prioritization of climate is a bit bizarre.

in reply to this
Steve Randy Waldman
@interfluidity.com

or we could subsidize competing flocks of new entrants, up and down the supply chain. (we need an ecosystem, inputs from lithium and rare earths to batteries and motors and airbags and doors to the vehicles themselves, not just top-level manufacturers.) 1/

in reply to this
Steve Randy Waldman
@interfluidity.com

China went from zero to dominance in like 5 years on EVs. they are better placed to do that, sure, because they've been subsidizing competitive capacity in general for decades, they have know-how not just at the level of a given product, but at the level of developing capabilities. 2/

in reply to self
Steve Randy Waldman
@interfluidity.com

still to pretend that what China did in five years is beyond our capacity ever to do (even with protective tariffs to create demand-side space) is to concede there is little point trying to compete at all. and there is no compelling reason to concede that. /fin

in reply to self
Steve Randy Waldman
@interfluidity.com

reducing labor supply, in a particular, benign way, is much of the point of a UBI. it’s not even a trade-off, unless you adopt the distributional point of view of capital. drafts.interfluidity.com/2024/07/22/u...

UBI and labor supply

in reply to this
Steve Randy Waldman
@interfluidity.com

it’s weird that in development and geopolitics there’s a sense in which the opposite of West is South.

Steve Randy Waldman
@interfluidity.com

2016’s “Fight for $15” needs to be inflation adjusted to like $20. But it’s a start.

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Steve Randy Waldman
@interfluidity.com

great new vocabulary word in this one by @rickperlstein.bsky.social. “eisegesis” — pronounced “ice-a-Jesus” and what it means is just bad hermeneutics, man. (with apologies to @poetryforsupper.bsky.social)

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Steve Randy Waldman
@interfluidity.com

speaking personally, i think it’s perfectly acceptable to jump around and skip like a dipshit. i encourage it even. what is not acceptable is buying an election for a fascist.

Steve Randy Waldman
@interfluidity.com

Science famously progresses “one funeral at a time” (Max Planck). And so it was with moving past the NAIRU paradigm at the Fed, only a bit less morbidly. See this excellent column by @jwmason.bsky.social. jwmason.org/slackwire/do...

Does the Fed Still Believe in the NAIRU? – J. W. Mason