What were the real roots of inflation? Monopoly! In 2021, domestic oil frackers were colluding with OPEC to raise prices. The FTC just Hess CEO John Hess off the board of Chevron because of his role doing that. www.ftc.gov/news-events/...
The Harris campaign just sent Gina Raimondo on CNBC to trash tariffs and attack Trump's attempt to stop John Deere from outsourcing jobs to Mexico. America was already great!
It’s the Land, Stupid: How the Homebuilder Cartel Drives High Housing Prices Henry George was right about land values. And today we have a homebuilder cartel rooted in control of land and financing. @matthewstoller.bsky.socialwww.thebignewsletter.com/p/its-the-la...
Henry George was right about land values. And today we have a homebuilder cartel rooted in control of land and financing.
The monopoly round-up for the week is out. https://www.thebignewsletter.com/p/monopoly-round-up-all-courts-matter/comments
Elon Musk is clearly masking a change he wants to make by being totally unreasonable. He’ll eventually back off slightly and people will think he’s listened. That and he doesn’t want to pay bills because he likes money.
Question for historians. When did the GOP stop celebrating John Brown? He was an iconic party figure until at least 1912.
Musk spent $44 billion to buy Twitter and then tried to save money by laying off half the staff, including engineers responsible for maintaining site infrastructure. Like buying a Ferrari and trying to save money by skipping oil changes.
A recent attempted takedown of 'deliverism' uses Democratic initiatives like the ACA to illustrate that delivering on policies doesn't equal more voters. @ddayen.bsky.social@matthewstoller.bsky.social argue that the ACA never delivered, so it can’t be used as a test case.
In order to test whether improving people’s lives can convince them to support Democrats, you have to, well, improve people’s lives.
And today we have the 67th attack on Lina Khan from the WSJ editorial page. They are obsessed, and it’s creepy.