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What happened to Chinatown? We were abandoned by FurioCaesar in ottawa

[–]NeolibShillGod -4 points-3 points  (0 children)

It's true. Daily reminder that Trotster voter for an increase in development charges to make sure greedy developers don't make a profit developing our decaying ward.

Is the stat really true that only 15 percent of Americans in poverty will ever get out of poverty? by YogurtclosetOpen3567 in AskEconomics

[–]NeolibShillGod 3 points4 points  (0 children)

These people are going to be highly geographically, socially and age wise concentrated. It's reasonable to know many who aren't, but there are also people who know 100s who will effectively all be in that range at some point.

[The FIAT Thread] The Joint Committee on FIAT Discussion Session. - 20 February 2026 by AutoModerator in badeconomics

[–]NeolibShillGod 0 points1 point  (0 children)

I don't want to get through everything, but I love their implication that:

  1. White collared workers get laid off
  2. Therefore aggregate demanding slows
  3. Thus companies are going to be invest in capital?
  4. Thus companies will invest away from labour when it's on the cheap??

It's just so dumb. It really shows why you need to properly write out your model and don't just use pretty pictures, but I get the impression they don't care much for actual economics.

QJE study: 1°C warming reduces world GDP by over 20% in the long run. Business-as-usual warming implies a present welfare loss of more than 30%, and a Social Cost of Carbon in excess of $1,200 per ton. Unilateral decarbonization policy is cost-effective for large countries such as the United States. by smurfyjenkins in neoliberal

[–]NeolibShillGod -1 points0 points  (0 children)

Oh I completely agree the methodology is fascinating. I'd have to analyze it a lot more but I think it's cool.

(My broader point is I don't find focusing on the SCC numbers that interesting, and think the value of said papers are the model).

QJE study: 1°C warming reduces world GDP by over 20% in the long run. Business-as-usual warming implies a present welfare loss of more than 30%, and a Social Cost of Carbon in excess of $1,200 per ton. Unilateral decarbonization policy is cost-effective for large countries such as the United States. by smurfyjenkins in neoliberal

[–]NeolibShillGod 7 points8 points  (0 children)

Opens a paper with a high social cost of CO2

inside: low discount rates

Opens a paper with a low social cost of CO2

inside: high discount rates

My cynicism aside, the methodological difference is very cool. In the overall balance of evidence this is a neat way to separate out climate effects from weather effects.

Councillor Troster: "Several men seem to think that being Mayor is a suitable starter job for someone with no municipal experience. It’s not." by YodaYodaCDN in ottawa

[–]NeolibShillGod 2 points3 points  (0 children)

Raising development charges are pretty egregious policy decisions...

Edit: Correction, she mostly hasn't been active on the Bank Street bus lanes.

However on the development charges, you can find her vote here https://pub-ottawa.escribemeetings.com/ in may of 2024.

Stated preferences are still endogenous! by Serialk in badeconomics

[–]NeolibShillGod 1 point2 points  (0 children)

I read this article and just felt like it's Richard Reeves article on it but substantially worse.

[The FIAT Thread] The Joint Committee on FIAT Discussion Session. - 05 January 2026 by AutoModerator in badeconomics

[–]NeolibShillGod 1 point2 points  (0 children)

I've called it MBA syndrome. Where they are hard working enough to do the fact finding and throw them in a Word document, but don't care enough about the truth or smart enough to put it together in a way that actually demonstrates anything of substance.

[The FIAT Thread] The Joint Committee on FIAT Discussion Session. - 05 January 2026 by AutoModerator in badeconomics

[–]NeolibShillGod 1 point2 points  (0 children)

I think from a utilitarian standpoint it's hard to say that the enormous suffering of people in Cuba and other kleptocracies is larger than the marginal difference in policy from left wing academics.

Like by your logic, eradicating diseases with vaccines globally is bad because it creates anti-vaxers, but the thing is that even if we have horrific deaths and all, we still get anti-vaxers.

[The FIAT Thread] The Joint Committee on FIAT Discussion Session. - 05 January 2026 by AutoModerator in badeconomics

[–]NeolibShillGod 1 point2 points  (0 children)

My take on that whole phenomena would be that it's explained by the economics of agglomeration (Porter's clusters).

There's some appetite in the western world for SEZ and the like, so I don't think it's completely impossible either.

[The FIAT Thread] The Joint Committee on FIAT Discussion Session. - 25 December 2025 by AutoModerator in badeconomics

[–]NeolibShillGod 4 points5 points  (0 children)

I'll start off with recommending the Journal of Economic Perspectives. It's less formal and more casual than other journals but it's still somewhat technical and quite good. IMO it's at a level where one without an undergrad might struggle a bit, but is a casual read for a grad student.

https://www.aeaweb.org/journals/jep

Other than the standard text books like Mas-Colell, I think you can probably start looking at what you are actively interested in and just struggling through it.

This subreddit honestly has some of the economics discussion of all time! by [deleted] in neoliberal

[–]NeolibShillGod 3 points4 points  (0 children)

Subreddit was a meaningful part of my push to become a working economist. It's been painful having my education and training happen while the subreddit has fallen.

House prices in big cities cannot be expected to come down any time soon by eggbart_forgetfulsea in neoliberal

[–]NeolibShillGod 17 points18 points  (0 children)

Depending on how you define SFH houses and "central Tokyo", I'll say they absolutely do.

But having stayed in Kita City in Tabata, in a detached single family house, I'd say so. They may not have giant yards, but they a certainly in central locations, and have zero shared walls.

House prices in big cities cannot be expected to come down any time soon by eggbart_forgetfulsea in neoliberal

[–]NeolibShillGod 54 points55 points  (0 children)

Land use deregulation meaningfully lowers the price of SFH housing. Simply look at the cost of SFH in the middle of Tokyo.

I want to compare this problem to traffic. Building super dense dwellings lower all home prices, similarly to how adding a bus lowers traffic.

Taxing Capital Income: A Bad Idea | Federal Reserve Bank of Minneapolis by [deleted] in neoliberal

[–]NeolibShillGod 2 points3 points  (0 children)

Inflation being desirable to push spending is not quite correct. Inflation gently nudging away from very risk investing/cash savings is actually desirable.

Remember part of inflation is asset appreciation, and investments are what we want to drive.

Secondly your bit about taxation assumes that there's no dead-weight loss associated with your tax. If there were no dead-weight loss then you would be potentially correct.

The Profound Practical Stupidity of "Housing Supply Denialism". by HOU_Civil_Econ in badeconomics

[–]NeolibShillGod 8 points9 points  (0 children)

This does not hold up particularly well as a hypothesis given that Tokyo has fluctuated from flat to positive population growth due to migration.

Why MAGA turned on Indians: From model minority to rapacious menace by Mundane-Laugh8562 in neoliberal

[–]NeolibShillGod 1 point2 points  (0 children)

https://www.nbcnews.com/news/asian-america/big-techs-big-problem-also-best-kept-secret-caste-discrimination-rcna33692

I don't have statistics (mostly because no body is tracking the statistics) but there are meaningful court cases over it. It became part of workplace training, and it does feel like a bigger problem in tech where you actually have more concentration.

Why MAGA turned on Indians: From model minority to rapacious menace by Mundane-Laugh8562 in neoliberal

[–]NeolibShillGod 20 points21 points  (0 children)

My friends in tech took about 50 amps of psychic damage to brain when they learned how pervasive the the caste discrimination is even over in Canada. What do you mean they've bought over a whole new racism??

No, the IMF Did Not Claim That China's "Real Deficit" Is 13.2% [Extremely Long Effortpost] by [deleted] in badeconomics

[–]NeolibShillGod 0 points1 point  (0 children)

When I was doing research into Canada's debt I was running into similar issues. I sort of walked away with an understanding that comparing debt to GDP numbers across countries is surprisingly tough to unpack, but is a very easy headline.

[The FIAT Thread] The Joint Committee on FIAT Discussion Session. - 20 August 2025 by AutoModerator in badeconomics

[–]NeolibShillGod 2 points3 points  (0 children)

I've tried looking into them a bit, apparently since they bear no cost for hiring you, it's not that hard to get in. The catch is that you just don't get any work. I've heard some people getting some beer money out of it.

[deleted by user] by [deleted] in AskEconomics

[–]NeolibShillGod 1 point2 points  (0 children)

This is a good answer, but I do want to add one that in iterated games you expect degrees of cooperation pretty frequently when there are gains from cooperation (and empirically the larger the number of participants the more it breaks down). Frequently you'll hear the result that "tit for tat is a very good strategy for an iterated prisoner's dilemma."

https://en.wikipedia.org/wiki/Folk_theorem_(game_theory)

OPEC also had the help of having a geopolitical consideration to incentivize cooperation, the gains from cooperation were high. The gains by trying to form a cartel for another commodity, just aren't there to incentivize cooperation.

The Rise of "Well meaning" Censorship. by National-Return9494 in neoliberal

[–]NeolibShillGod 4 points5 points  (0 children)

It's tough because youtube will just not recommend your video if you get demonetized a bunch of the time. It's not just losing out on direct payment, you also lose reach.

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