YIMBYism as industrial policy

The “other countries should put tariffs on China” idea and the “China should shift its economy toward domestic consumption” idea are unified in the worldview of Michael Pettis, who has advocated both things. He has been saying that China needs to increase the share of consumption in its domestic economy for well over a decade, and it seems to me th... See more

I wrote recently in a tweet that there’s a rarity from technologist to say whether a thing is good or not. Instead they repeat that it is inevitable, and their actions show that they believe they should financially benefit from and “steer” that inevitability. That is a politically bankrupt position.

Basically, there are always a lot of problems in the world, and the media is always happy to deliver them right to your doorstep in order to drive engagement. And so there’s a natural tendency to read the news and think that the world is going to Hell in a handbasket. But these problems aren’t all related, and in fact sometimes some of them help am... See more