Noah Smith (writer)
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Noah Smith (writer)
Noah Smith is an American blogger, journalist, and commentator on economics and current events. A former assistant professor of Behavioral Finance at Stony Brook University, Smith writes for his own Substack blog, ''Noahpinion'', and has also written for publications including '' Bloomberg'', '' Quartz'', Associated Press, ''Business Insider'', and '' The Atlantic.'' Smith left Bloomberg in 2021 to fully focus on his own blog. Graduate school Smith graduated from Stanford University in 2003 with a Bachelor of Science in physics. He then began studying economics with the intention of eventually becoming an economic commentator and pundit. Smith started blogging in graduate school, on Google's Blogger platform, inspired by his original goal, as well as feeling disaffected with studying macroeconomics. He attributes the blog's early success to established pundits and economists such as J. Bradford DeLong, Mark Thoma and Paul Krugman reading and referencing it. During this ...
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Stanford University
Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies , among the largest in the United States, and enrolls over 17,000 students. Stanford is considered among the most prestigious universities in the world. Stanford was founded in 1885 by Leland and Jane Stanford in memory of their only child, Leland Stanford Jr., who had died of typhoid fever at age 15 the previous year. Leland Stanford was a U.S. senator and former governor of California who made his fortune as a railroad tycoon. The school admitted its first students on October 1, 1891, as a coeducational and non-denominational institution. Stanford University struggled financially after the death of Leland Stanford in 1893 and again after much of the campus was damaged by the 1906 San Francisco earthquake. Following World War II, provost of Stanford Frederick Terman inspired and supported faculty and graduates' entrepreneu ...
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Paul Krugman
Paul Robin Krugman ( ; born February 28, 1953) is an American economist, who is Distinguished Professor of Economics at the Graduate Center of the City University of New York, and a columnist for ''The New York Times''. In 2008, Krugman was the winner of the Nobel Memorial Prize in Economic Sciences for his contributions to New Trade Theory and New Economic Geography. The Prize Committee cited Krugman's work explaining the patterns of international trade and the geographic distribution of economic activity, by examining the effects of economies of scale and of consumer preferences for diverse goods and services. Krugman was previously a professor of economics at MIT, and later at Princeton University. He retired from Princeton in June 2015, and holds the title of professor emeritus there. He also holds the title of Centennial Professor at the London School of Economics. Krugman was President of the Eastern Economic Association in 2010, and is among the most influential economi ...
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Degrowth
Degrowth (french: décroissance) is a term used for both a political, economic, and social movement as well as a set of theories that critique the paradigm of economic growth. It can be described as an extensive framework that is based on critiques of the growth-centered economic system in which we are living. Degrowth is based on ideas from a diverse range of lines of thought such as political ecology, ecological economics, feminist political ecology, and environmental justice, pointing out the social and ecological harm caused by the pursuit of infinite growth and Western "development" imperatives. Degrowth emphasizes the need to reduce global consumption and production (social metabolism) and advocates a socially just and ecologically sustainable society with social and environmental well-being replacing GDP as the indicator of prosperity. Hence, although GDP is likely to shrink in a "Degrowth society", i.e. a society in which the objectives of the degrowth movement are ac ...
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Communism
Communism (from Latin la, communis, lit=common, universal, label=none) is a far-left sociopolitical, philosophical, and economic ideology and current within the socialist movement whose goal is the establishment of a communist society, a socioeconomic order centered around common ownership of the means of production, distribution, and exchange which allocates products to everyone in the society.: "One widespread distinction was that socialism socialised production only while communism socialised production and consumption." Communist society also involves the absence of private property, social classes, money, and the state. Communists often seek a voluntary state of self-governance, but disagree on the means to this end. This reflects a distinction between a more libertarian approach of communization, revolutionary spontaneity, and workers' self-management, and a more vanguardist or communist party-driven approach through the development of a constitutional socialist st ...
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Socialism
Socialism is a left-wing economic philosophy and movement encompassing a range of economic systems characterized by the dominance of social ownership of the means of production as opposed to private ownership. As a term, it describes the economic, political and social theories and movements associated with the implementation of such systems. Social ownership can be state/public, community, collective, cooperative, or employee. While no single definition encapsulates the many types of socialism, social ownership is the one common element. Different types of socialism vary based on the role of markets and planning in resource allocation, on the structure of management in organizations, and from below or from above approaches, with some socialists favouring a party, state, or technocratic-driven approach. Socialists disagree on whether government, particularly existing government, is the correct vehicle for change. Socialist systems are divided into non-market and market f ...
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Neoliberal Project
The Progressive Policy Institute (PPI) is a non-profit, 501(c)(3) organization that serves as a public policy think tank in the United States. The Democratic Leadership Council (DLC) founded it in 1989. '' The Washington Post'' has described it as "a centrist Democratic institution." Key people Its current president is Will Marshall, who writes on foreign policy, defense, national service, globalization, trade policy, and cultural issues. The organization's executive director is Lindsay Lewis. Its chief economic strategist is Michael Mandel, who writes on innovation, growth, and regulatory policy. Several former leading government officials have held senior positions or affiliations with the organization, including William Galston, Austan Goolsbee, Elaine Kamarck, Bruce Reed, Andrew Rotherham, Robert J. Shapiro Robert J. Shapiro (born 1953) is the cofounder and chairman of Sonecon, LLC, a United States private consultancy for economic and security-related issues th ...
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YIMBY
The YIMBY movement (short for "yes, in my back yard") is a pro-housing movement in contrast and opposition to the NIMBY ("''not'' in my back yard") phenomenon. The YIMBY position supports increasing the supply of housing within cities where housing costs have escalated to unaffordable levels. YIMBYs often seek rezoning that would allow denser housing to be produced or the repurposing of obsolete buildings, such as shopping malls, into housing. Some YIMBYs have also supported public-interest projects like clean energy or alternative transport. The YIMBY movement has supporters across the political spectrum including left-leaning adherents who believe housing production is a social justice issue and free-market libertarian proponents who think the supply of housing should not be regulated by the government. YIMBYs argue cities can be made increasingly affordable and accessible by building more infill housing, and that greenhouse gas emissions will be reduced by denser cities. His ...
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Labor-unions
A trade union (labor union in American English), often simply referred to as a union, is an organization of workers intent on "maintaining or improving the conditions of their employment", ch. I such as attaining better wages and benefits (such as holiday, health care, and retirement), improving working conditions, improving safety standards, establishing complaint procedures, developing rules governing status of employees (rules governing promotions, just-cause conditions for termination) and protecting the integrity of their trade through the increased bargaining power wielded by solidarity among workers. Trade unions typically fund their head office and legal team functions through regularly imposed fees called ''union dues''. The delegate staff of the trade union representation in the workforce are usually made up of workplace volunteers who are often appointed by members in democratic elections. The trade union, through an elected leadership and bargaining committee, bar ...
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Industrial Policy
An industrial policy (IP) or industrial strategy of a country is its official strategic effort to encourage the development and growth of all or part of the economy, often focused on all or part of the manufacturing sector. The government takes measures "aimed at improving the competitiveness and capabilities of domestic firms and promoting structural transformation." A country's infrastructure (including transportation, telecommunications and energy industry) is a major enabler of the wider economy and so often has a key role in IP. Industrial policies are interventionist measures typical of mixed economy countries. Many types of industrial policies contain common elements with other types of interventionist practices such as trade policy. Industrial policy is usually seen as separate from broader macroeconomic policies, such as tightening credit and taxing capital gains. Traditional examples of industrial policy include subsidizing export industries and import-substitution- ...
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Immigration Reform
Immigration reform is change to the current immigration policy of a country. In its strict definition, ''reform'' means "to change into an improved form or condition, by amending or removing faults or abuses". In the political sense, "immigration reform" may include promoted, expanded, or open immigration, as well as reduced or eliminated immigration. See also *Immigration reform in the United States *Immigration reform in the United Kingdom * Immigration detention in Australia The Australian government has a policy and practice of detaining in immigration detention facilities non-citizens not holding a valid visa, suspected of visa violations, illegal entry or unauthorised arrival, and those subject to deportation and ... References Immigration law {{politics-stub ...
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Public Transit
Public transport (also known as public transportation, public transit, mass transit, or simply transit) is a system of transport for passengers by group travel systems available for use by the general public unlike private transport, typically managed on a schedule, operated on established routes, and that charge a posted fee for each trip. There is no rigid definition; the ''Encyclopædia Britannica'' specifies that public transportation is within urban areas, and air travel is often not thought of when discussing public transport—dictionaries use wording like "buses, trains, etc." Examples of public transport include Public transport bus service, city buses, trolleybuses, trams (or light rail) and Passenger rail transport, passenger trains, rapid transit (metro/subway/underground, etc.) and ferry, ferries. Public transport between cities is dominated by airlines, intercity bus service, coaches, and intercity rail. High-speed rail networks are being developed in many parts ...
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Liberalism
Liberalism is a political and moral philosophy based on the rights of the individual, liberty, consent of the governed, political equality and equality before the law."political rationalism, hostility to autocracy, cultural distaste for conservatism and for tradition in general, tolerance, and ... individualism". John Dunn. ''Western Political Theory in the Face of the Future'' (1993). Cambridge University Press. . Liberals espouse various views depending on their understanding of these principles. However, they generally support private property, market economies, individual rights (including civil rights and human rights), liberal democracy, secularism, rule of law, economic and political freedom, freedom of speech, freedom of the press, freedom of assembly, and freedom of religion. Liberalism is frequently cited as the dominant ideology of modern times.Wolfe, p. 23.Adams, p. 11. Liberalism became a distinct movement in the Age of Enlightenment, gaining popularity ...
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