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Noah Smith @Noahpinion
, 6 tweets, 3 min read Read on Twitter
1/Weekly recap of my @bopinion posts for the week of 9/24-9/28!

First, a joint post with @conorsen about how to do homeownership policy right this time:
bloomberg.com/view/articles/…
2/Next, my debate with @StephanieKelton about the dangers of government deficits (er...private surpluses)!

bloomberg.com/view/articles/…
3/Third, a post about what Japanese Prime Minister Shinzo Abe should focus on in his third term:

bloomberg.com/view/articles/…
4/Next, a post about why Trump's new "public charge" rule isn't really about skilled vs. unskilled immigration:
bloomberg.com/view/articles/…
5/Then, a proposal for a U.S. Office of Industrial Policy to take on low-cost high-impact projects to fill in the economic gaps that the private sector leaves out:

bloomberg.com/view/articles/…
6/And finally, a post about Millennial disappointment, disillusionment, and disaffection:

bloomberg.com/view/articles/…

(end)
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One thing I think would help reduce elite Millennial burnout/disappointment/rage is for people to stop thinking that their job should save the world.

"Save the world" and "make the world a better place" are probably just things employers tell you to get you to work for cheap.
Maybe your job will give you meaning and purpose and a sense of doing good for the world.

Or maybe it'll just make you some money so you can raise some kids, have some pet rabbits, and be active in your local community.

There's more than one way to get meaning in life.
Also, people glorify saving the world when it probably just gives you PTSD.

We like watching Star Wars and Lord of the Rings and whatever, but we wouldn't want to actually fight Darth Vader or slog through Mordor. That would cause major burnout!
Read 3 tweets
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1/Since Trump's demand for his Wall is in the headlines, I thought it would be a good time for a thread about a history book I just read:

"Dividing Lines: The Politics of Immigration Control in America", by Daniel Tichenor (2002)

amazon.com/Dividing-Lines…
2/The book starts out with a chapter or two of dense, unnecessary political science jargon, saying that - essentially - U.S. immigration policy tends to move very slowly, because powerful politicians and officials resist the tide of public opinion.
3/But most of the book is an extremely readable, eye-opening history of U.S. immigration policy, from the founding through the 1990s.

It shows how the immigration debates we're now having have been with us, in some form or another, for a very long time.
Read 27 tweets
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Thread about why very high tax rates on very rich people don't raise much revenue (or reduce inequality much, even within the top tier).

Our system has a million loopholes. Closing them is more important than raising top rates.
That's not to say there's a trade-off between raising the top rate and closing loopholes! They are complements, not substitutes.

But if you just raise the top rate without closing loopholes, you'll likely be disappointed.
The fact is, raising effective taxes on the very rich will require a comprehensive sustained push on a large number of policy fronts. There is not going to be one silver bullet.
Read 6 tweets

Related threads

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#Khashoggi Case Thread: I am going to ‘pin’ this post to use it as an ‘Info Thread’ on the #Khashoggi Case. I am in #Turkey. I’ve been following the case closely and with access to sources & experts here. This is a very ‘sensitive’ criminal case due to ‘Diplomatic Booby Traps’!!!
The Evidence Obtained Outside Cameras will not show any evidence of ‘tempering’ but other than license plates of dozens of diplomatic cars (Many with tinted windows-large trunks) with related time stamp, drivers Info, model/year: Nothing.
#Turkish Intel-Investigative Bodies also have the list of all Diplomatic & Private Saudi & “other significant’ Planes in #Turkey for the period of ‘interest.’ Many of the Target airports have their own security cameras & related evidence.
Read 335 tweets
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Earlier this week, @CassSunstein beat the extremely well-beaten drum about academia's partisan imbalance. Suggesting it may be due to discrimination, he worries about the impact of it all on students and faculty research.

Is it true? Is he right to worry?
bloomberg.com/view/articles/…
Let's take these one at a time.

1) Is there an imbalance?

Absolutely. Surveying soc sci/humanities disciplinary orgs (n=1700), Klein & Stern (2005) put the D/R ratio at about 8:1. Moreover, panel data has all faculty to the left of their party's median.

researchgate.net/publication/25…
Not good, but there are three problems with this data: 1) It's just soc/humanities; 2) Evidence suggests disciplinary orgs skew left relative to rest of the academy; and 3) Membership in orgs skew toward elite/R1 institutions.
Read 20 tweets
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Thread: 'quiet accomplishments' of Trump admin. Very little major legislation - but it doesn't mean they're not accomplishing their agenda.
Feb. 28 bill blocked SSA from reporting mentally impaired recipients to nat. background-check dB. #GunControlNow washingtonpost.com/investigations…
In March and April, Trump admin. withdrew protections for 42 endangered species. #Endangered #Conservation bloomberg.com/news/articles/…
Read 28 tweets

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