Micah Sherman @shermanmicah
Advocate for small farmers, coops, public banking, social housing. Co-own & operate a cannabis farm. Previously designed and built buildings. B. Arch. ravengrass.com Olympia, WA Joined December 2010-
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The fact that yard maintenance so often involves destructive activities posing as maintaining and improving the landscape is such a terrible malinvestment in our country. People working hard all day to make things worse.
The most irritating of these false claims, to me currently, is "wage inequality is falling" Just because the rate of change at the bottom out paced rate of change at the top does not mean actual wage inequality improved. 10% of 100 is still less than 2% of a million.
The most irritating of these false claims, to me currently, is "wage inequality is falling" Just because the rate of change at the bottom out paced rate of change at the top does not mean actual wage inequality improved. 10% of 100 is still less than 2% of a million.
FIRE sector economy. No universal public services. Wages have to be high to compensate. Simple fixes, eliminate most FIRE sector firms. Eliminate private health insurance. Eliminate private reserve lending, replace with public. Eliminate FICA. Expand social security.
FIRE sector economy. No universal public services. Wages have to be high to compensate. Simple fixes, eliminate most FIRE sector firms. Eliminate private health insurance. Eliminate private reserve lending, replace with public. Eliminate FICA. Expand social security.
By verbal instructions of German police @yanisvaroufakis was issued with a general ban on all activities „Betätigungsverbot“ apparently on orders of Interior Ministry without naming legal basis. This cannot stand! jeutner.com/wp-content/upl…
Market fundamentalism is a serious problem in our mental models of the economy. The fundamental components of the economy are sociality, communalism and production, not exchange and transactionalism. This misunderstanding leads to massive misallocation in the financial system.
If we created money to build actually affordable housing (not the market dev version of the phrase) we would add money to the supply and dramatically reduce housing costs and inflation. Creating money isn't the issue, it's how it's created and what the terms are that matters.
A public bank would allow us to fund these types of projects simply, easily, and without much cost. We could dramatically reduce costs (and thus rent/price) for new development. We're missing critical institutions and financial facilities to properly solve the housing crisis.
A public bank would allow us to fund these types of projects simply, easily, and without much cost. We could dramatically reduce costs (and thus rent/price) for new development. We're missing critical institutions and financial facilities to properly solve the housing crisis.
@GRoditiD @ProfSteveKeen The finance ind. comprised only 10% of total nonfarm business profits in 1947, but it grew to 50% by 2010. Over the same period, finance ind. income as a proportion of GDP rose from 2.5% to 7.5%. (Wikipedia)
Yeah. This is all very real traffic...
Oh yay let's celebrate how AI can be used in "helping set prices" so that companies can more readily engage in price coordination! The higher prices can pay for higher wages!
@dandolfa @rohangrey No one is immune to conceptual muddles, but the common refrain that economists are less subject to them because mathematical reasoning is "clearer" than nonmathematical reasoning i find completely uncompelling when seeing it work in practice.
One of the takeaways from Brett Christophers' new book The Price Is Wrong: Do not let neoclassical economists design markets, especially markets for something as essential as electricity
Part of why people struggle to imagine non-industrial systems feeding the world is that they’ve only ever experienced a denuded planet ravaged by colonial extractivism Life used to be so abundant you’d literally trip over it anywhere you went We can have that again
Part of why people struggle to imagine non-industrial systems feeding the world is that they’ve only ever experienced a denuded planet ravaged by colonial extractivism Life used to be so abundant you’d literally trip over it anywhere you went We can have that again
Non commercial production is the way.
Various governments spent decades and millions of dollars convincing people that todays “high THC” weed “isn’t like what you smoked in the 60s” and the result is a generation of people that wrongly think THC = potency.
Various governments spent decades and millions of dollars convincing people that todays “high THC” weed “isn’t like what you smoked in the 60s” and the result is a generation of people that wrongly think THC = potency.
The solution here isn't to "liberalize" lending policies necessarily (#predatoryinclusion), but to replace extractive forms of financing with ones owned and operated by the people they serve (fin). (7/7)
Pro capitalism yimby: we should build so much housing it crashes the banking system Anti development communist: we should really be building non market housing as a buffer against a structural collapse in housing finance and everything downstream of that.
People drive 10-20 mph over the speed limit because they erroneously believe they'll get where they're going faster. They don't. That's classic, tragic hubris. What does happen is you lose a ton of time to react to something like a child. Just think for 1 second and drive slower.
People drive 10-20 mph over the speed limit because they erroneously believe they'll get where they're going faster. They don't. That's classic, tragic hubris. What does happen is you lose a ton of time to react to something like a child. Just think for 1 second and drive slower.
Victoria Litman @victorialitman
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2K Followers 549 Following Human, organizer, and Clevelander. Aspiration: to be an effective cog in a machine that promotes justice, equity, and destroys fascists.Regime Accountant @RegimeCPA
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85 Followers 390 Following Building Nature-Integrated Living Legos @joinlaalaa Tinkerer, Nature Lover, Well-being focusedJohn🩻 @shdwstar
3K Followers 4K Following Drug legalizer. Human rights are good. I support your right to repair and choose. Don't respond to DM.Stephen Bezruchka @SBezruchka
194 Followers 18 Following Teaches population health in University of Washington, speaks about Health Olympics and declining U.S. health. Books on Nepal trekking travel medicineThis is the kind of moron that traffic engineer was trying to save by removing DFOs and as you can see from the video that is not a worthwhile endeavor.
If you do $30K of damage in a low speed collision with a stationary object you should honestly just lose your license.
Once you solve the 'how to pay for it' question around public renewables, state capacity becomes the next challenge
It's been just about a year since New York's legislature passed the Build Public Renewables Act through the budget, tasking the New York Power Authority to help the state meet its climate goals. They've asked McKinsey to tell them how to do it: newrepublic.com/article/180775…
Wild to live in a society where ppl are eagerly mass diagnosing themselves with mental illnesses to explain what is clearly just a normal reaction to an unbearable surveillance work culture where your attention is put in the deep fryer 14 hours a day by the most evil ppl alive
@nickhasthoughts The amount of contractors out here who do this but switch to commercial & multi family is scary. Imagine this type of workmanship but with a warehouse mezzanine or set of townhouses
residential SFH construction is so unserious lol, real googly-eyes profession imo
Look at the absolute state of timber framing in the roof space of a new home in Dallas From the amazing reels by ‘Systematic Home Inspections’
it got sort of subsumed in the housing culture war but I still think mixed income social housing with subsidies for deeply affordable units is a good idea
Fools gonna fool node criminalization fear mongering was a good fundraiser for crypto at the time but was a lie then and is a lie now. As we've seen since it's the spooks that are gonna get individual node operators not bank Regulators. They care about institutions. Get a grip.
At this point the stablecoin industry has its money tentacles in the entire Republican party and half of the Democratic one, we're not going to win with elite technocratic scalpel solutions that only three law professors can understand. Call them banks, make them get a license.
But instead we got the same kind of hubristic "we can stop a tsunami with a tarpaulin" logic that Gensler has brought to trying to regulate crypto exclusively via securities law and the battle lines became drawn around being pro tech vs anti tech, and now here we are.
Any real solution to the shadow money problem needs to both cover stablecoins but also be functionally broad enough not to be limited to them, and to properly diagnose the problem as one of private liabilities trying to operate as public money, not crypto qua crypto.
The problem is that too many serious people started from the status quo as acceptable and then tried to fight a rearguard action against stablecoins as if they were the crux of the problem. But the real problem is shadow money, they are just the most recent instantiation of it.
Stablecoin issuers are banks and should be regulated as such. We should update our banking regs to explicitly accommodate payments (ie non-lending) banks but *within* the banking perimeter not outside of it. This framework should incorporate both MMMFs and money transmitters.
We had a real stablecoin regulation bill. It was called the STABLE Act and it aligned with the Treasury's recommendations at the time. But many people who should have supported it were silent, and now we have this dogshit mess.
YES
Thank you to our volunteers in Tumwater for sign waving yesterday! #teamreichert
my rent in bayern for a brand new 3BR was less than the rent for a studio in seattle. my phone bill was like 1/5th price internet same food was half daycare was basically free no need to own a car
In my opinion, this is an absolutely major theme in the coming years. A massive wage arbitrage has opened between the US and its competitors. The overwhelming majority of people in the US have no idea just how much more money they make than the Japanese, French, British, etc.
Our problem in a nutshell. Again, please PROHIBIT 'investor' entry into 'markets' for human essentials - food, housing, healthcare (including nursing homes).
% change in homebuyers since 2015
Medicare for All is a massive tax cut for the working & middle class, which is why the political class closed ranks to defeat it.
kinda wild that massive tax cuts for the working & middle class generally havent caught fire in US politics as a priority. instead its usually hold the line & tax above the upper middle class/400k salaried professionals or tax cuts for firms & rich + slight cuts for the bottom 90
This tonight, in about an hour and a half, in conversation with @samuelmoyn. The book came out and Covid hit, canceling rollout. So this is the big launch.
Pulitzer Prize-winning author Greg Grandin discusses his book, The End of the Myth: From Frontier to the Border Wall in the Mind of America, 4/18 at 6:30 pm at the Main Library. Supported by Ann and Timothy Duffy. fergusonlibrary.org/event/pulitzer…