Andrew Elrod
@andrewelrod.bsky.social
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historian of wage and price controls in the US of A
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Andrew Elrod
alex williams
about 22 hours ago
they should allocate $100B to the BLS, in my expert opinion
add a skeleton here at some point
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Andrew Elrod
Erik Loomis
about 22 hours ago
This Day in Labor History: March 1, 1932. The Norris-LaGuardia Act passed the Senate by a 75-5 vote and was signed by President Herbert Hoover a few days later. This outlawing the most loathsome tactics used by employers against workers!!!
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Raj Patel
1 day ago
It's Amazon's world. Benjamin Y. Fong continues his wonderful journey to reveal how we're just living in it. The latest at Phenomenal World: The Apotheosis of Point of Sale Data
www.phenomenalworld.org/analysis/the...
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Andrew Elrod
J. Mijin Cha
3 days ago
"Developing a general framework for regulating finance, holistically and structurally, which could be put to use when reformers have the necessary leverage, is no more utopian than what private markets themselves promise." Excellent piece by
@lenorepalladino.bsky.social
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Finance in the Dark | Lenore Palladino | Finance in the Dark
An opaque sector is reshaping the US. Only ambitious regulatory reform can check its power.
https://www.phenomenalworld.org/analysis/finance-in-the-dark/
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This article is a whirlwind everyone should read, our own later-day Oglesby
prospect.org/2026/02/26/n...
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Newspapers Did Not Kill Themselves - The American Prospect
New docs say Jeffrey Epstein collaborated with the Russian mob to loot the New York Daily News, then tried to help Mort Zuckerman discard it when reporting became inconvenient.
https://prospect.org/2026/02/26/newspapers-did-not-kill-themselves-jeffrey-epstein-mort-zuckerman-daily-news/
4 days ago
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Andrew Elrod
Phenomenal World
4 days ago
"When Covid-19 caused oil prices to plummet worldwide, it was Donald Trump himself who called on OPEC to cut oil production and protect prices. This alone confirms the importance of the organization." Former PVDSA president Rafael Ramirez speaks with PW.
www.phenomenalworld.org/interviews/o...
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Oil Wars | Rafael Ramírez
Analyzing Venezuela's energy resources as a site of struggle, from the nationalizations under Chávez to the ouster of Maduro.
https://www.phenomenalworld.org/interviews/oil-wars/
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Andrew Elrod
sanjukta paul
5 days ago
The accounting rules governing public (non-federal) finance - specifically when public employee pensions have to be "pre-funded" - are really up there in terms of relevance to policy and political debate, while being very little known.
@jwmason.bsky.social
explains:
jwmason.org/slackwire/th...
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The Action Is on the Asset Side – J. W. Mason
https://jwmason.org/slackwire/the-action-is-on-the-asset-side/
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Re: anyone making claims about a "optimal revenue" or "revenue maximizing" level of taxes. As a share of GDP, we've seen it top out with top marginal rates of both 90 percent and 39.6 percent.
6 days ago
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Someone should ask Bill and/or Hillary now, given everything that's happened since, to share what they remember about watching Alan Pakula's adaptation of The Pelican Brief in the White House in December 1993.
6 days ago
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It is pretty sad how completely Frank P. Walsh has been written out of American history
marxistsociology.org/2025/02/forg...
6 days ago
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Andrew Elrod
JW Mason
7 days ago
Is there some explanation for why measured productivity growth in US auto manufacturing has been negative for the past decade?
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Andrew Elrod
Martijn Konings
9 days ago
"what the politics of private finance teaches is the inadequacy of considering only what we can achieve in the short term, given the political constraints"
www.phenomenalworld.org/analysis/fin...
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Finance in the Dark | Lenore Palladino | Finance in the Dark
An opaque sector is reshaping the US. Only ambitious regulatory reform can check its power.
https://www.phenomenalworld.org/analysis/finance-in-the-dark/
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Andrew Elrod
Dr. Ishaan
9 days ago
Reading
@lenorepalladino.bsky.social
on unregulated finance in
@phenomenalworld.bsky.social
www.phenomenalworld.org/analysis/fin...
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Andrew Elrod
Peter Dorman
8 days ago
This is definitely worth a read. The New Deal financial regulatory system is mostly holes at this point. Patching it won't help much.
www.phenomenalworld.org/analysis/fin...
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Finance in the Dark | Lenore Palladino | Finance in the Dark
An opaque sector is reshaping the US. Only ambitious regulatory reform can check its power.
https://www.phenomenalworld.org/analysis/finance-in-the-dark/
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Andrew Elrod
Aimee Loiselle
10 days ago
Teaching Labor's Story - resources from
@lawcha.bsky.social
"Written and produced by two garment worker-students at Brookwood Labor College in 1927, Start! tells the story of Sonia, a garment worker and ardent unionist, sent from New York to organize garment workers in New Jersey."
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Start! A Labor Drama | LAWCHA
Teaching Labor’s Story is excited to add a labor drama to LAWCHA’s labor history sourcebook: START! A Play in Seven Scenes. Written and produced by two
https://lawcha.org/2026/01/27/start-a-labor-drama/
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Andrew Elrod
Karen Benjamin Guzzo
9 days ago
Thanks to the OBBB, Amazon’s tax bill for 2025 is $1.2 billion, down from $9 billion the year before despite a 45% jump in profits.
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Amazon's tax bill plunges after GOP tax cuts
The 87 percent drop is largely due to a more generous depreciation break in the 'One Big Beautiful Bill Act.'
https://www.politico.com/news/2026/02/06/amazon-emerges-a-big-winner-from-gop-tax-cuts-00768985
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Andrew Elrod
Charlotte Garden
8 days ago
A DHS slowdown in the works:
add a skeleton here at some point
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Woodrow Wilson in the 1912 campaign: "The high cost of living is arranged by private understanding."
9 days ago
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Andrew Elrod
Lenore Palladino
10 days ago
& I didn't even touch what's happening at the SEC - perfect image of the 'giant void of nothingness' at U.S. financial regulators these days by
@robinwigglesworth.ft.com
www.ft.com/content/b5d9...
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The giant void of nothingness where US financial regulation used to sit
‘There has never been a better time to be a crook’
https://www.ft.com/content/b5d9920c-25f8-4799-bd32-39f07ae97fee
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Andrew Elrod
Lenore Palladino
10 days ago
I wrote about how unregulated finance is now just, well, finance for
@phenomenalworld.bsky.social
the center of gravity in finance has completely shifted & our mental models & policymaking approaches need to catch up
www.phenomenalworld.org/analysis/fin...
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Finance in the Dark | Lenore Palladino | Finance in the Dark
An opaque sector is reshaping the US. Only ambitious regulatory reform can check its power.
https://www.phenomenalworld.org/analysis/finance-in-the-dark/
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Why is everyone reporting the $125 million number when the Leading the Future PAC only has $39 million in its FEC filing?
10 days ago
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Andrew Elrod
Phenomenal World
10 days ago
The collapse of auto parts supplier First Brands last fall was a harbinger of a broader trend, as the financial press reports of "stress" in private markets.
@lenorepalladino.bsky.social
surveys the growth of unregulated finance:
www.phenomenalworld.org/analysis/fin...
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Finance in the Dark | Lenore Palladino | Finance in the Dark
An opaque sector is reshaping the US. Only ambitious regulatory reform can check its power.
https://www.phenomenalworld.org/analysis/finance-in-the-dark/
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Greatly enjoyed learning about the origins and trajectory of private markets in this piece by Lenore Palladino. Disclosure, as the SEC requires of public markets, is a great goal. But as she shows, it hasn't stopped stock buybacks and predatory finance there.
www.phenomenalworld.org/analysis/fin...
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Finance in the Dark | Lenore Palladino | Finance in the Dark
An opaque sector is reshaping the US. Only ambitious regulatory reform can check its power.
https://www.phenomenalworld.org/analysis/finance-in-the-dark/
10 days ago
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“A significant part of working at Cluely seemed to involve dressing up as cartoon characters for viral videos.”
harpers.org/archive/2026...
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Child’s Play, by Sam Kriss
Tech’s new generation and the end of thinking
https://harpers.org/archive/2026/03/childs-play-sam-kriss-ai-startup-roy-lee/
10 days ago
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add a skeleton here at some point
12 days ago
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Andrew Elrod
Dean Baker
13 days ago
A NYT headline writer BADLY needs to be fired
www.nytimes.com/2026/02/17/n...
I'm willing to bet most readers think this means that Mamdani wants to increase property taxes by 9.5 percentage points.
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What does median refer to here? The taxpayer’s income or liability?
12 days ago
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But not that one thing.
12 days ago
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Andrew Elrod
niraliberalism
16 days ago
In many ways, Abundance is a reaction to the politics and econ of rent control. But if we build a 100k new apartments (and we should), the explicit purpose is to lower rents. This leaves the rent controlled landlords in the same place — underwater on their loans. A crisis looms either way.
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Only two of the five presidents of Brazil during the military dictatorship died in office.
add a skeleton here at some point
12 days ago
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Andrew Elrod
Alex Han
13 days ago
My dad was a Korean immigrant who was the grievance officer, newsletter editor and vice president of his local union for years. He died in 2000, but cast his last vote for president in the 1988 Michigan primary for Jesse Jackson. As he told me later, there wasn't another candidate he believed in.
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Nelson Lichtenstein in 1965
13 days ago
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Andrew Elrod
Dean Baker
13 days ago
I worked on his campaign in MI in 1988. When he trounced Dukakis there, the Democratic Party went into a panic and did a full-court press to stop Jackson. I remember they got Anthony Lewis, the NYT's token liberal columnist, to write a "shut-up" and eat your Dukakis piece.
add a skeleton here at some point
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Contemporary Texas knowers: What is the deal with Paxton challenging Cornyn? Wilks/Dunn want him? I would imagine Bezos and Musk and the other arriviste (non oil) Texas are happy with Cornyn…
13 days ago
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Andrew Elrod
Claudia Sahm
14 days ago
Our grasp on reality is slipping. The response rate to the survey behind the unemployment rate (and the rest of the household survey) is now lower than during the pandemic. The decline in response rates during the first year of the Trump Admin 2.0 was larger than at any time outside the pandemic.
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"In 2019, Amazon Logistics delivered 2 billion packages, according to Pitney Bowes; in 2024, it delivered 6.3 billion packages, surpassing UPS in terms of parcel volume."
urbanomnibus.net/2026/02/wher...
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Where's My Package? - Urban Omnibus
Amazon’s logistical network is as extensive as it is abstruse. To get a sense of its scale, we reconstruct the regional distribution system, one order at a time.
https://urbanomnibus.net/2026/02/wheres-my-package/
14 days ago
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Andrew Elrod
JW Mason
14 days ago
If Team Abundance is looking for rules and regulations that get in the way of all kinds of useful and life-improving work, they could start with patents and copyrights.
add a skeleton here at some point
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Andrew Elrod
Amanda Mull
17 days ago
This is indeed broadly true of rent-stabilized landlords in NYC when they lobby against things like rent freezes or low proposed annual increases. “Rising costs” in general audience stories about this almost always describe those as, like, maintenance or wages. But it’s mostly debt-servicing.
add a skeleton here at some point
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Pretty funny way to start a letter
17 days ago
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Andrew Elrod
Gretchen ⚓️
17 days ago
Can confirm: my landlord is doing JUST fine but still trying to evict stabilized tenants and hike rents ignoring the new Good Cause legislation. They are trying to sell the building for double what they paid for it in 2018.
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Andrew Elrod
Michael Pollak
17 days ago
Brilliant article by
@jwmason.bsky.social
on the economics and politics of housing we can afford
www.phenomenalworld.org/analysis/aft...
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https://www.phenomenalworld.org/analysis/after-the-rent-freeze/
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Andrew Elrod
George Joseph
17 days ago
“But why are building owners facing distress today? The answer in most cases is that they borrowed too much to buy buildings at inflated prices, based on an expectation that rents would rise faster than they actually did.”
www.phenomenalworld.org/analysis/aft...
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https://www.phenomenalworld.org/analysis/after-the-rent-freeze/
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Andrew Elrod
Aaron Bady
17 days ago
"owners of residential buildings pay most of their rent earnings not on maintenance or operations, but to service their debts to their creditors...they borrowed too much to buy...based on an expectation that rents would rise faster than they actually did."
www.phenomenalworld.org/analysis/aft...
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https://www.phenomenalworld.org/analysis/after-the-rent-freeze/
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Andrew Elrod
JW Mason
18 days ago
I have a new piece out today in Phenomenal World, on the economics of a freeze in NYC regulated rents.
www.phenomenalworld.org/analysis/aft...
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Andrew Elrod
Phenomenal World
18 days ago
“Any discussion of rent regulation has to grapple with the fact that owners of residential buildings pay most of their rent earnings not on maintenance or operations, but to service their debts to their creditors.” NEW by
@jwmason.bsky.social
www.phenomenalworld.org/analysis/aft...
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After the Rent Freeze | JW Mason
The cost of affordable housing in New York City
https://www.phenomenalworld.org/analysis/after-the-rent-freeze/
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Andrew Elrod
Adam Mongrain
18 days ago
This is a wonderfully written piece and I will be recommending it to everyone who knows how to read. Essential contribution to clarify positions, obligations and incentives under rent-stablization regimes.
add a skeleton here at some point
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Andrew Elrod
Lenore Palladino
21 days ago
excited to share that I am *officially running* to represent Massachusetts state employees on the MA public pension board! I'm running because public pensions are *ours* and should serve the interests of state workers and our communities I'm endorsed by
@massteacher.bsky.social
www.mapension.com
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PRIM
https://www.mapension.com
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Andrew Elrod
Phil Lewis
21 days ago
The Ford worker who heckled Trump during a visit to the company's plant still has his job and "has no discipline on his record," a union official said
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Ford worker who heckled Trump keeps job, 'no discipline' for incident
The United Auto Workers union said TJ Sabula remains employed and called out the president for making an obscene gesture toward the worker.
https://www.detroitnews.com/story/business/autos/ford/2026/02/09/ford-worker-who-heckled-trump-keeps-job-no-discipline-for-incident/88588763007/
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Had forgotten that Lutnick raised for Clinton in 2016
22 days ago
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Andrew Elrod
Josh Eidelson
25 days ago
New: UAW reaches landmark tentative contract deal with Volkswagen in Chattanooga Tennessee, including 20% across-the-board pay hikes
www.bloomberg.com/news/article...
"This contract is proof that if you stand up and stick together, you can win a better life”
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Volkswagen Workers in Tennessee Win 20% Pay Hike in Union Deal
Volkswagen AG employees in Tennessee have secured a 20% across-the-board wage hike in a landmark deal with the United Auto Workers union.
https://bloomberg.com/news/articles/2026-02-05/volkswagen-workers-in-tennessee-win-20-pay-hike-in-union-deal?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3MDI3MTIwNCwiZXhwIjoxNzcwODc2MDA0LCJhcnRpY2xlSWQiOiJUOVoxVVpLR1pBTE0wMCIsImJjb25uZWN0SWQiOiJDQThGQ0Y4NkY1QjY0ODlCODA4ODkwNTFBNjMxRERBRCJ9.WpBQ9IkDqDZiB8H1fpfrU_shMbiCvsmow1w_p1TBNA8
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