The truth is that neither climate economists nor leftist activists is a barrier to solving climate change; they are both simply much less helpful than they could be.

The barrier is the fossil fuel industry and its political and lobbying clout.

slowboring.com/p/economists-a…
My post was not claiming that climate economics has hindered the fight against climate change; merely that it hasn't helped very much yet.

noahpinion.substack.com/p/why-has-clim…
The fossil fuel industry was, is, and will continue to be the force preventing action on climate change. Its political hold on the GOP and key Democrats is vastly disproportionate to its economic importance, and countering that political power is key to taking action.
Neither economists with their try-to-please-everyone tax proposals nor leftist activists with their constant screeching have come up with a successful way to overcome the political power of the fossil fuel industry.

And until someone does, we will continue to drag our heels.

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More from @Noahpinion

16 Oct
I think I'm in the small fringe of people who's Shorpilled but not a popularist. I agree with @davidshor that PMC navel-gazing has taken over the Dems' discourse on cultural issues, but I'd prefer to solve that through bold Rooseveltian resolve than Clintonian poll-following.
Or in plain language, yes "Latinx" is silly and "defund the police" is a non-starter, but the solution isn't just to throw more money at the health care industry even if it polls well.
We need Democratic leaders who powerfully articulate a bold Rooseveltian vision for the future of this country, including things like green energy investment that aren't at the top of the issue polls right now.
Read 10 tweets
11 Oct
Sounds like a good prediction, I'll go with that
Woohoo! Another successful Nobel call!
I called it right in 2013, 2014, 2020, and 2021! Not a terrible record. 😊
Read 4 tweets
10 Oct
Here's real median personal income since the 70s
And a photo of a gas line
Read 4 tweets
8 Oct
Government investment in research is very important for productivity growth.

blogs.imf.org/2021/10/06/why…
@jasoncrawford Check it out!
ht @JimPethokoukis, whose Substack is a must-read aggregator of news about technological progress and growth:

fasterplease.substack.com/p/president-bi…
Read 4 tweets
5 Oct
1/One reason I'm so happy about the popularity of South Korean stuff in America is that I think it'll help Americans become less provincial.

One of my big theses is that most Americans barely even realize that other countries exist, and need to get out more.
2/In this regard, the South Korean wave is very different from the Japanese entertainment products that Americans like. Those products are mostly fantasy stuff -- cartoons, comics, video games...
3/Japanese entertainment products are of course influenced by Japan, but they are filtered through several layers of fantasy and whimsy.

Americans who get into Japanese fantasy generally aren't connecting with the actual country of Japan.

noahpinion.substack.com/p/weebs
Read 10 tweets
4 Oct
1/OK, time for a thread about why the negotiations over the Build Back Better bill (Biden's reconciliation bill) are leaving me underwhelmed.

noahpinion.substack.com/p/why-the-buil…
2/I basically see Bidenomics as resting on three pillars:

1. Investment (both govt. and private sector)

2. Cash benefits

3. Middle-class jobs in the care industries (health, child care, education)

noahpinion.substack.com/p/bidenomics-e…
3/And in fact, the provisions of the Build Back Better bill mostly fall into these three categories (some of them into multiple categories).
Read 15 tweets

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