If markets are rigged, no amount of redistribution fixes the problem. Predistribution = unrigging the rules: • higher wages • lower prices • less corporate power A powerful antidote to the oligarchal agenda. Read more from @sunnysmalhotra.bsky.social and @skvogel.bsky.social:

"The most pressing problems we face today, from climate change to affordability, cannot be resolved within the existing structure of our unbalanced economy." 📝 @sunnysmalhotra.bsky.social @skvogel.bsky.social rooseveltinstitute.org/blog/predist...

Corporate America made over $22 billion from contracts with ICE and CBP last year. The list of companies profiting from Trump's aggressive deportation regime includes Palantir, Deloitte, GEO Group, and many more. www.ft.com/content/c741...

The Democratic Party needs a bold economic vision for a better future. @sunnysmalhotra.bsky.social and I propose the predistribution solution.

NEW 📰: Inequality in the US has never been higher. But what if, instead of trying to close the gap after the fact, we adopted policies that prevented it in the first place. @skvogel.bsky.social and @sunnysmalhotra.bsky.social lay out a plan for a predistribution agenda: https://bit.ly/4rXStTs

America if the news covered it like those countries Over There

Just released a new @rooseveltinstitute.org brief examining shelter inflation as an integral part of the post-pandemic inflation, its connection to the housing crisis, and why monetary policy alone isn't the answer. rooseveltinstitute.org/publications...

Deeply honored that work from my team on the climate dimensions of genocide in Palestine was discussed at length at the Intl Court of Justice yesterday. War & militarism are insufficiently accounted for in climate policy; hopefully a strong advisory ruling can start to change that. Starts ~1:41:00

A reminder that “austerity” has never been about cutting spending, but about weaponizing budgets to consolidate the power of specific interests. And people say Industrial Policy is picking winners…

new working paper ⬇️💰 the assumption that shareholders are the key investors in business innovation is simply taken as a given it's past time to abandon this myth: shareholders of corporations are not always, or even often, “investors.”

Last week #Amazon launched Amazon Haul to compete with #Shein and #Temu 's ultra cheap shopping platforms. As I wrote about in a recent Fireside Stack, fast fashion is nothing new, but a continuation of historical low-road business practices. www.firesidestacks.com/p/cheap-clot...

It's easy to think today's climate investment is a temporary phenomenon. But policy feedback theory and history show perhaps it's here to stay. I write about why in my new blog. #CleanEnergy #IndustrialPolicy rooseveltinstitute.org/2023/12/12/c...