“The value of future rent inflation is capitalized in home prices and counted as an asset for homeowners. But the cost of future rents is undetermined for any family at any given time…so…not counted as a liability.” @kevinerdmann.bsky.social www.mercatus.org/research/res... ht @steveroth.bsky.social

we should rename this site The Donald J. Trump Bluesky Microblogging Platform, just to fuck with everybody.

i mistook the AI for a sentience, but it forgave me.

a lot of the controversy is over whether the best antifascism is working to revert to the democracy—crippled and captured but broadly liberal—that we enjoyed 15 years ago, or else to leave that in the past and work towards some more substantive social democracy.

the best laid plans of mice and men gang aft a-gley. but failing to plan at all is worse.

you know trumpism’s days are numbered when the supreme court suddenly stands boldly athwart a trump or vance administration, erring on the side of forbidding rather than tolerating its putative excesses. they’ll disown their own life’s work to save their legacies and perhaps their skins.

Good riddance old year.

my kid.

Happy New Year!

Pessimism of the intellect, optimism of the pill. Try Soma!

it literally says so at the bottom, but i can't believe i am just now realizing that John Perry Barlow's "A Declaration of the Independence of Cyberspace" was written… at Davos. my whole youth is a lie. (thanks to Jill Lapore's excellent "These Truths" for the tidbit bookshop.org/p/books/thes...)

you don’t understand New Math.

go Finland go!

yes. that is the essence of our problem. Europe is full of great new neighborhoods. brilliant urban life is not inherently scarce, and not inherently rival with small-c conservative incumbent residents. great neighborhoods are things we can just build. ask people like @holz-bau.bsky.social to help.

iconoclasts, independent thinkers, self-made men every one of them.

the best way to have more housing is to have more (mixed-use, dense, walkable, transit-served) neighborhoods.

more evidence the product here is “democratizing” the experience of sycophancy heretofore restricted to the very rich. the very rich are surrounded by cynically self-dealing sycophants. soon you can be too!

the best feeling is when you hit an "unsubscribe" link and it 404s.

Yes. Which is a pretty huge sweetener, once people realize what kind of money that is.

I agree the politics aren't easy. As Churchill said, "You can count on Americans doing the right thing, after exhausting all the other possibilities." We're still in the exhausting stage, but we are getting quite exhausted.