After adjusting for regional price parity within the US and PPP with the UK, hourly wages in the UK are as high or higher than California up to the median -- but 25% lower at the 90th percentile

What is the philosophy of work and democracy that follows from the historic labour movement? In my new article, I develop a democratic defense of labour unions and show how it leads to a distinctive vision of industrial democracy. Forthcoming in the APSR stevenmklein.wordpress.com/wp-content/u...

Thread about our new @wid.world working paper with @jakobmolinder.bsky.social and Svante Prado on income inequality and structural transformation in Sweden, 1870–1970! Link to paper: wid.world/document/inc... Thread 1/

have come to the view that the banknotes should have neither animals nor eminences on them but instead a range of great British weirdos. the Somerset gimp. The Glasgow catman. A Whitby goth

Quite amazing what California is achieving.

new working paper out today! we explore the role played by structural transformation in shaping the Swedish income distribution between 1870 and 1970 ehes.org/wp/EHES_305....

not going to read the article but what trump is good at is communicating in the manner of an AM sports talk radio caller. actually knowing anything about sports gets in the way of monday morning quarterbacking

Lowkey if I had to choose one economic idea from the past I'd resuscitate it'd be the Rehn-Meidner Swedish model.

this is great www.youtube.com/watch?v=jJTX...

just throwing this out there: aufhebungender

congrats to hull city youtu.be/t4Rsvp3ZRec

when you compare the number of people working in finance versus gosplan it’s clear there wasn’t enough planning going on in the ussr

"Just consolidate the progressive vote" is easier said than done, but the split on the right means that this is enough to be a winning strategy now

I knew Keynes had made a wild claim about Shakespeare's genius needing a climate of benign inflation to thrive I didn't know he'd widened it out into, well, a General Theory in this frenetic footnote

neutrality in union negotiations is a normal thing in social democracies

probably my favorite thing about dropping the assumption of general or even partial equillibrium in econ is that you don't have to pretend everything is always already the best it can be, and that asking questions is actually insulting peoples' authority

The local elections in one chart. Labour has been squeezed between the Greens in young wards and Reform in older working-class wards www.economist.com/britain/2026...

ok but everyone with a new baby gets six months of free weekly housecleaning

it's going to happen eventually so why not now

This is a real problem which should concern many of you, if you put any weight on inequality. There are issues around measuring the labor share. One is the role of depreciation. The net-of-depreication labor share is higher. But it also shows sharp decline post 2000.

The rule is that for every time you share an article from Jacobin that you didn’t like you have to subscribe to Dissent so consider your choices carefully

out: black congressional districts in: black states

Today learnt that the supposed Oscar Wilde quote about socialism taking too many evenings was just made up by Michael Walzer in 1968 quoteinvestigator.com/2019/06/03/e...

last week i filed my Norwegian taxes (i have income there). It was 6 clicks and 1 2FA entry. Less than 5 minutes to check the prefilled numbers, et voila. It should be this simple for the millions of USians who file the minimal 1040. Of course public health and pensions simplify reporting.

when trump was first elected ten years ago there was some expert (forgot who) that said authoritarians usually go down not not from a vigorous defense of democracy but from too much corruption. dems letting that slide has seemed like collusion.

This is awesome: "NYC Opens the First ‘Rest Stop’ for Delivery Workers in the U.S." secretnyc.co/nyc-first-de...

Today's the 100th day in office for Zohran Mamdani. We talked to him, a top deputy, his consumer protection head, his housing director, and more, and found that he's building momentum for bigger fights by proving that government works and getting New Yorkers to participate in it:

Pre-2022 data is like pre-1945 steel.

Always love the free book/office clean out table at work

The Mamdani administration today announced its own click to cancel rule, to make sure that every subscription transaction in the city is as easy to end as it is to start. The FTC did this in 2023, it was challenged in court & Trump's FTC wouldn't defend it. NYC is doing it themselves.

🚨 New WP 📄 (w/ @muzhou-zhang.bsky.social and @winniexia.bsky.social ) We ask which countries people in 🇺🇸🇬🇧🇩🇪🇩🇰🇮🇹🇷🇴 think their governments should learn from and show: 1) Citizens have clear favorites (Nordics top) 2) Performance info shifts what they prefer and how they explain it Comments welcome!

trump is getting a cut

are we going to get to “abolish the presidency” by 2028? because that is, like, the obvious solution

Former MLB player Brad Lidge, who threw the final pitch to win the Philadelphia Phillies the 2008 World Series, is now an archaeologist researching the Etruscan civilization. He is joining the Penn Museum Board of Advisors, calling it a “full-circle moment.” www.penn.museum/blog/major-l...

We prob could have done a whole episode about the huge BYD plant opening in Bahia, Brazil. - built on a former Ford plant site - Biggest EV factory outside Asia - Will make 300k cars a year when complete (big even by Chinese standards) - 50% of components locally @70sbachchan.bsky.social

Old military adage: No plan survives contact with the enemy. Trump: No plan, survives contact with the enemy!

lots more fake ai-generated job ads now

on the other hand, a recall election would be good business for the consultants

aha, there’s your reparations for iran

I wonder if the iran war will end because someone else pays reparations on behalf of america and israel (and then america pays them back for uh unrelated reasons)

ok but the vietnam war was bad

the american voter could also decide the way to get cheaper gas is to elect an even bigger asshole

New paper with Brian Connolly, forthcoming @washulawreview.bsky.social: “Rezoning the Rust Belt.” Contemporary debates about zoning treat it as an issue for high-demand places. Reform is about making NYC and SF affordable, or keeping the Sun Belt affordable. But the Rust Belt needs reform too.

due for an updated and expanded edition

not excited to spend a few hundred thousands dollars sending my kids to (public) college in a few years

Tale of two petrostates. Data from @robbieandrew.bsky.social: robbieandrew.github.io/carsales/