Mamdani now the massive market favorite

Explaining how I managed to finally get significant results in the subgroup analysis (it's definitely not p-hacking)

Please consult the graph

Yes, raising rates because of the Obama climate agenda would be absurd considering a) the American Clean Energy and Security Act never made it past the senate and b) the CPI from 2008-2016 looked like this:

That stat is incorrect - the top 1% pays about 24% of taxes while earning about 21% of income. Given declining marginal utility of income, it’s totally reasonable to consider this to be too low (and that’s before getting into wealth inequality)

Oren is blatantly cherry-picking to support his pro-tariff agenda here He cites Japanese data to claim foreign carmakers are absorbing tariffs—but that data doesn't adjust for exchange rates/changing car models The better US data shows *Americans* are paying for Trump's tariffs

Imagine a world where New York City looks more like London

First year is officially complete

Some reading for today:

Trump’s tariffs will hit lower income American households worst.

Interesting read on the more traditional, cultural strain of Institutionalism, drawing closer to economic sociology (Veblen, Commons, Hamilton). Focuses a lot on the institutional conflict with Mainstream economic and does not go far in discussing the New Institutional synthesis

Anyone who has ever taken any college level econometrics class in their life can tell you it’s basically pro-OLS propaganda. (You may argue that this is because reality has a linear bias, and that may be true). That’s what ppl are being “indoctrinated” in

Calling myself an applied microeconomist even though I'm just applying microeconomics to political economy and economic history