erdmann thought can actually tie a lot of these threads together, namely his ideas integrate that there are national homebuilding trends over time and large price differentials between different cities
so california (which has a larger population than texas) had more housing starts 20 years ago than texas, but what parts of the state were seeing lots of growth in housing production then? we see huge growth in riverside county, for instance, that hasn't since recovered
The Erdmann thesis would explain this by pointing to zoning restrictions in "closed access" cities like LA, leading to working class residents to bleed out and cause demand increases in "contagion" cities like Phoenix (or riverside), and then price spikes kevinerdmann.substack.com/p/the-housing-…
“in survey after survey, it is women with the most financial resources, and the highest levels of education, who report the most stress and unhappiness with motherhood” vox.com/features/23979…
“Parenting during Covid-19 was extremely tough, for example, but it’s also true that mothers reported more satisfaction with their lives during the pandemic than childless women of the same age.” vox.com/features/23979…
We need that show where people switch families to come back so that highly educated professionals learn about less intensive child care strategies vox.com/features/23979…
My first story for @heatmap_news: yes, the new california solar rules have changed the economics of residential solar for the worse, but they are working as intended by getting people to buy storage, which the california grid needs compared to moar panels heatmap.news/economy/califo…
solar companies told analysts and investors that a bunch of customers raced to get solar before april 15 and that people are buying batteries with their systems now heatmap.news/economy/califo…
This makes sense, as morgan stanley said earlier this month, the way you make solar economic in california is by also having storage heatmap.news/economy/califo…
obviously if you compare the transcript and the published text, it's just straight up fabrication, but you can kinda see where haley is coming from, the views are stated more sharply and directly, but not exactly misrepresented washingtonpost.com/history/2023/0…
as always, this historical finding is more about the present that the past. king's acclaim is as solid and universal as ever, meanwhile there's a renewed interest in black nationalism, so people are looking for overlap instead of divergence washingtonpost.com/history/2023/0…
The effective altruism movement isn’t just dealing with a lack of funds, but an intellectual crisis: Sam Bankman-Fried would tell anyone who asked that his approach to risk was both unconventional and motivated by the same premises as philanthropy grid.news/story/economy/…
Not only did Bankman-Fried claim to have entered finance at the encouragement of senior EAs so he could donate, his view of the good that EA could do made him reject standard notions of risk and utility grid.news/story/economy/…
Specifically he claimed that the risk of going bust should be higher because the utility of greater gains basically never diminished grid.news/story/economy/…