Great chatting with you

I'm writing something about public pension funds & data centers & risk -- this total mess strengthens my goal to get elected to the MA PRIM Board! have a friend who works for MA state government? Pls send them to my website so that they can vote before May 22nd!! lenorepalladino.me

Just FYI NYC and DC: this is now on shelves at Barnes & Noble Union Square and Politics & Prose!

MARKET POWER IS POWER New working paper with @bartonelee2.bsky.social Thread below! 1/5 gratton.org/papers/Marke...

"Why are all the journalists laid off now" this is why. Pretty simple.

the 1973 oil shock basically destroyed a huge chunk of american culture (drive ins, etc) and i think covid did the same

Happy @briancallaci.bsky.social day let's all start our strike notices with "Dear Joint Employer"

Today's the day!

🚨🚨Revised paper 🚨🚨 The Balance of Power in Franchising w/@ulrichatz.org, Blake Eliason, @mikelipsitz.bsky.social, @pnorlander.bsky.social, & @stpinto.bsky.social. We built the 1st comprehensive panel dataset of franchise contract terms: 46,000 documents, 4,500 chains, 20+ provisions, 2009-2024. /1

at the present day not one in two of the many thousand men before the mast employed in the American whale fishery, are Americans born

New Slingshot Episode in which @briancallaci.bsky.social discusses his new book, Chain of Command (Chicago Press), on the latest episode of The Slingshot with @halsinger.bsky.social and Darren Bush.

Franchise owners have become less like independent businessmen and more like a badly treated employee stripped of all their rights. Jarod Facundo reviews a new book on how franchisors put this legal regime in place. prospect.org/2026/04/10/a...

It's alive! Very grateful to Rae Ganci Hammers for the design.

NEW WORKING PAPER Minimum Wages and Vertical Restraints in Franchising joint with Swayam Sarangi, @stpinto.bsky.social, and Blake Eliason. marshallsteinbaum.org/wp-content/u... #EconSky /1

Larry Fink waxing lyrical about the magic 1950s, when American capitalism was oh so dynamic, but leaves out the bit about the heavy repression of finance within and across borders that underpinned it.

Also, imagine being a TSA agent who hasn't been paid in over a month watching these thugs who ARE being paid coming into your workplace. ICE are basically scabbing in order to brutalize Americans.

Don't outsource your reading to LLms

Imagine a Buffalo Wild Wings but sadder

Agreed. That’s something I’ve consistently written as part of the explanation. It’s also a way more modest claim than in Yglesias’s post, which was that there is a certain and substantial benefit to going moderate on all issues. You should join us on Team It’s Uncertain

To me it matters that even under the most favorable conditions presidential candidates, not House (where party brand matters) holding turnout fixed voters have knowledge of all policy positions, no media The paper finds that going moderate is half as effective as Yglesias wrote in Boston Review

I don't think they'll ever be able to automate participant observation. Accordingly, I accept my fate as an economist, and welcome our new overlords as queen of the social sciences. Anthropology.

Delta swore to its employees and unions that it was not transporting deportees this way.

I interrupt this moment with some nerd shit. This is from the Spirit Level comparing the degree of inequality in a state (ratio of income of the top 20% to the income the bottom 20%) and confidence that you would do better than average in a fist fight. Not with a bear but still notable.

What I think: @lpeproject.bsky.social needs to have a conference with @urpe1968.bsky.social. Because I think they could inform each other on theories and data.

This is Nathan Cavanaugh, another DOGE staffer explaining how he flagged grants at NEH for "DEI" which would be reviewed for termination. 404 Media has reviewed hours of this footage and we'll have more soon. Part of a lawsuit by @acls1919.bsky.social, @modernlanguage.bsky.social + @historians.org

Something my students have picked up on: Post-Keynesian price theory makes much of its empirical fidelity, rooted in observations of actual pricing behavior rather than optimization assumptions. But workhorse PK markup models are based on obs from manufacturing firms decades ago

The US military as a "ferrari without a steering wheel"--all tactics, no strategy--is about as perfect as a metaphor can be.

I hand-coded a data set of 530 obs, 30 vars from the partially unstructured text of contracts for my dissertation. It required a *lot* of judgment calls, which I had to justify in the codebook. As a result, I understood my data *very* well. Had I used Claude, could I say the same?

Please don't take this as a dunk on this important research, but this is something every trade unionist has understood forever.

I give up, Claude is conscious. Ergo AI developers must face imprisonment or execution for performing medical experiments on their living slave.

This is why we need a much bigger labor movement: so we can rebuild the one pipeline we have for working class people to move into positions of political leadership and power

He's Iggy Pop's Wario istfg

Over the last 10 federal elections this would steer you wrong 80-90% of the time (2012 edge case) Ceding politics to a mediocre Event Study Mafia is as dumb as ceding to ideological purity tests

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.

🎯

Fighting the last war

(I show this map/diagram to my stats class every year. Tufte called it "the best statistical graph ever written.")

There is not a single causal estimate I’m aware of that has saved us from this authoritarian collapse. Not a single one. The study of history, institutions, and context combined with judicious scholarship showed us the way.

Abundance Agenda in a nutshell: the largest corporations successfully push democratic backsliding, but still try to preserve "state capacity"

Not helping bud

In this world, shipmates, sin that pays its way can travel freely and without a passport; whereas

No! The criticism of the Dems isn't that they never win elections, it's that they don't use power to solve the problems that got us here. Elite impunity, concentration of wealth, the unitary executive. Winning is only step 1

Five armed masked federal agents to guard a Target restroom while Greg Bovino uses the facilities. A scene equally at home in authoritarian regimes and comedies about authoritarian regimes

Also, its illegal to discuss gender in some American universities now.

If you are waiting for a sense of conscience to kick in, you are fooling yourself. This will stop when we make it stop.