BC SOCIETY
Saved by @Mollyycolllinss

1/OK, so. Let's talk about Left-NIMBYism.

We all know about Right-NIMBYs, rabidly protecting their white-flight suburbs from Those People. And there are plenty of liberal NIMBYs too.

But NIMBYs of the Left are also a force to be reckoned

 2/Left-NIMBYs have developed a canon of interlocking, mutually reinforcing beliefs about housing and urbanism.

These beliefs are mostly false, but they form a powerful "canon" that quickly ossifies into a hardened worldview.

It looks something like this:
3/Fortunately, Nathan J. Robinson of Current Affairs has written an article that perfectly encapsulates the Left-NIMBY worldview (and quotes me in it!).

So this is a teachable moment.

https://t.co/nvFJryQZGi
4/Robinson selectively quotes a Bloomberg article of mine (https://t.co/iamRrW6oei).

Look at the part he quoted, vs. what I actually wrote!

Pretty different, eh? 😉
5/In fact, as I wrote in the article that Robinson failed to read more than one line of, it's theoretically possible that Left-NIMBYs COULD be right that allowing market-rate housing drives up local rents.

I take that possibility very seriously, as do YIMBYs.
6/But as always in economics, we need to look at the EVIDENCE, not just theory!

And although there isn't a mountain of evidence on market-rate housing yet, some evidence is starting to pile up.

And it doesn't look great for the Left-NIMBY theory.
7/For example, here's a 2016 paper by Xiaodi Li about what happens to nearby rents when you build market-rate housing.

https://t.co/AwrJTJK2lY
8/And here's a brand-new paper by Kate Pennington about what happens to rents and to gentrification when you build market-rate housing in San Francisco:

https://t.co/8GCbE1jNOC
9/And here's a 2019 paper by Brian Asquith, Evan Mast, and David Reed, about what happens to rents and to gentrification when you build market-rate housing:

https://t.co/6YPHc38NDF
10/There are others (https://t.co/Hp3ecU9Ly0, https://t.co/AjipSyRSOy), but the general result here is starting to become clear.

Market-rate housing lowers nearby rents while drawing high-income people away from low-income neighborhoods.
11/In fact, reality looks very much like my "Yuppie Fishtank Theory" (which is really just a segmented markets model).

It's an explanation of why YIMBYism doesn't need Econ 101 or Supply-and-Demand:

https://t.co/8o6V0L4Wbv
12/But Robinson gets things even more wrong when he claims that YIMBYs are Randian shills who hate public housing and demand that market-rate housing be the only solution.

Here's what he writes:
13/Robinson singles out three YIMBY organizations for his accusations:
California YIMBY
YIMBY Action
Open New York

Let's see what each one has to say about public housing, shall we?

Here's Brian Hanlon, co-founder of California YIMBY.

https://t.co/hU4hWQh1Px
14/Here's Laura Foote, executive director of YIMBY Action:

https://t.co/M52O8R67St
15/Here's Ben Carlos Thypin, founder of Open New York:

https://t.co/OxII8YxxKh
16/Robinson simply failed (or refused) to do his homework. His characterization of these YIMBYs is utterly wrong. In reality, they're just a bunch of lefties who want to build ALL types of housing instead of insisting on just one.
17/In fact, I think the conflict between YIMBYs and Left-NIMBYs is not fundamentally about evidence, or about public housing.

It's about preservationism vs. growth and change. Left-NIMBYs want to stand athwart urban history, yelling Stop.
18/Whereas YIMBYs recognizes that cities will always grow and change, and we can't preserve them in amber. Instead, we have to shape their growth into something equitable and inclusive.
19/Left-NIMBYism is not confined to the West Coast; you see it popping up in cities across the nation. It's wrongheaded, but it's something we're going to have to deal with as we fight to make American cities livable for everyone.

(end)

https://t.co/05c6IMSc4y
Anyway, if you like this sort of thing, you can sign up for my free email list, and have my posts delivered directly to your inbox!

https://t.co/FGppA1M8W6

More from Noahtogolpe 🐇

Noah Smith
Noah Smith
@Noahpinion
1/Here is a thread about climate change that's going to make a lot of people mad.

Basically, America, on its own, has a LOT power to stop climate change than almost anyone admits.

2/China now emits far more CO2 than the U.S. It emits almost as much as Europe and the U.S. combined.


3/In fact, even this huge disparity dramatically understates the degree to which China is in the driver's seat of climate change.

China, being still much poorer than us, has much more room to grow its economy. Hence, the emissions gap will only grow larger.


4/This leads to an uncomfortable but unavoidable fact: The battle to halt climate change will be won or lost in China.

America's power - and thus, the power of American politicians, activists, businesses, etc. - to save the planet from climate catastrophe is very marginal.

5/This is just a fact. But it's an uncomfortable one for a people like Americans who are used to thinking that the world lives or dies at their command.

Thus, I see many Americans desperately trying to preserve the illusion of control with respect to climate change.
ALL
Noah Smith
Noah Smith
@Noahpinion
Remember: Just because an idea is old doesn't mean it's good.

Knowing whether old ideas are more likely to be good requires understanding whether conditions have changed in important ways.

Horse archery was an amazing method of warfare for over a thousand years...then people invented guns, and suddenly this great idea that had stood the test of time became obsolete.

Then again, when underlying conditions don't change much, tried-and-true approaches are probably better.

"Learning the lessons of history" usually just means assuming ergodicity and stationarity in an informal time-series model...

(end)
SOCIETY
Advertisement
Noah Smith
Noah Smith
@Noahpinion
This thread demonstrates that a lot of academic writing that *looks* like utter nonsense is merely scholars dressing up a useful but mundane point with a ton of unnecessary jargon.


My theory is that the jargon creates an artificial barrier to entry. https://t.co/MqLyyppdHl

If one must spend years marinating one's brain in jargon to be perceived as an expert on a topic, it protects the status and earning power of people who study relatively easy topics.

In econ, a similar thing is accomplished by what recent Nobel prize winner Paul Romer calls "mathiness": https://t.co/DBCRRc8Mir

But mathiness and jargon are not quite the same...

Jargon usually doesn't force you to change the substance of your central point.

Mathiness often does. By forcing you to write your model in a way that's mathematically tractable (easy to work with), mathiness often impoverishes your understanding of how the world really works.

has written about this problem:
ALL
Noah Smith
Noah Smith
@Noahpinion
To be honest, I think this is just the effect of Twitter.

If you're on Twitter all the time - as every political commentator now is - it's easy to think that whiny, big-talking Twitter slacktivists are "the Dems".

But what's happening out there on the ground?


This is another reason I think Twitter is so bad for society.

It convinces intellectuals and commentators that practically everyone who's on their side is an extremist.

Which makes them tolerate extremism out of a (false) feeling of necessity.

If you stay on Twitter too much (which we all do now), you start to think that the typical left-of-center person is some British wanker who quote-tweets "Imagine thinking this" to anyone who doesn't like the idea of "ending capitalism".

But he is not typical.

A majority of Americans are not on Twitter.

But *every* journalist, commentator, and intellectual *has* to be on Twitter.

So every journalist, commentator, and intellectual comes face to face with big-talking slacktivist faux-extremists day in and day out.

It's a problem!!

Online bubbles full of shouty faux-extremists are, in general, fine.

The difference is that every journalist, commentator, and intellectual is essentially forced to exist in THIS bubble, because their jobs require it.

Twitter is a dystopian technology.

(end)
ALL
Noah Smith
Noah Smith
@Noahpinion
This is so dumb and incorrect and wrong it's unbelievable.


Facts.


Facts!!


FACTS FACTS

Moar
ALL

More from Society

wikipedia \u201cseasonal halloween name\u201d brown
wikipedia “seasonal ha...
@eveewing
I’m contemplating leaving @twitter. The platform has proven to be instrumental in harming people with marginalized identities, which normally I wouldn’t blame a media platform for except that @jack has demonstrated negative interest in doing anything about it.

in the past when I’ve thought about this I’ve thought about it from the perspective of my own safety/comfort. And I’m good on that front; I can handle it. But now I’m thinking about it differently: thinking about the people who tell me they join or stay on twitter because of me.

Every time someone in the press refers to me as a “twitter celebrity” (actual phrase that I don’t fully understand or subscribe to but this is what people say) it means that my presence and voice are adding social cachet to a company that I find to be quite terrible.

People tell me that they learn a lot from what I have to say here, and sometimes that it’s their first or only exposure to certain ideas, histories, perspectives, etc. and I have to weigh that too. But I could post that stuff elsewhere.

We’ll see. I’m just thinking aloud for now but I’m watching closely to see what @twitter and @jack do in the coming days and how they respond to what we now know about Cesar Sayoc (beyond one really stupid tweet). Because we know it’s not just him. Big changes need to happen.
SOCIETY
Gaurav Sabnis \U0001f1ee\U0001f1f3\U0001f1fa\U0001f1f8
Gaurav Sabnis 🇮🇳🇺🇸...
@gauravsabnis
So much #FactCheckBait being put out by IT Cell today and so many people biting.

What is #FactCheckBait? Fascists putting out tweets or messages with very obvious rebuttal properties. So non-fascists are distracted by rebutting or fact checking them. And the fascists get more name recognition. What have the top sanghi twitter accounts done other than provoke?

Why are so many sanghi bigot handles famous & well followed on Twitter despite having no notable quality other than getting called out by liberals? Cos that's all it takes. If they can fool liberals into QTing or even screenshot-ing them, they become heroes and then are like


Another example of #FactCheckBait. This sanghi wants you to identify them while pointing out the very obvious flaws in their logic. This sanghi is counting on it to improve their visibility. Don't give them that oxygen. Call them out like this, without IDs, if you must.


As pointed out by @bongopondit, peak #FactCheckBait was Ted Cruz saying rejoining the Paris climate agreement was about appeasing Paris not Pittsburgh. He knows it's BS. He's an evil psychopath but not dumb. He wants you to QT him and distract from his insurrection efforts.
SOCIETY
Advertisement
Kirsti Miller
Kirsti Miller
@KirstiMiller30
@LaurenMurphyMMA @_Miatonin @AOC There is no no differences in strength between men and women are seen when normalized for muscle cross-sectional

@_Miatonin @AOC It is reductionist (and wrong) to suggest the performance gap is all about biology (e.g. testosterone).

@_Miatonin @AOC Based on the present evidence, it is reasonable to suggest that biological, psychological, and sociocultural factors contribute to the range of gender gaps observed across sports.

@_Miatonin @AOC Men and women exhibit similar relative responses to resistance training, with no gender-specific responses noted after 10-weeks of resistance

@_Miatonin @AOC A number of other gender-‘independent’ factors contribute to the regulation of adult muscle mass, including genetics, race, adiposity, training, diet, and birth
SOCIETY
Aaron Reichlin-Melnick
Aaron Reichlin-Melnick
@ReichlinMelnick
We finally have the U.S. Citizenship Act Bill Text! I'm going to go through some portions of the bill right now and highlight some of the major changes and improvements that it would make to our immigration system.

Thread:


First the Bill makes a series of promises changes to the way we talk about immigrants and immigration law.

Gone would be the term "alien" and in its place is "noncitizen."

Also gone would be the term "alienage," replaced with "noncitizenship."


Now we get to the "earned path to citizenship" for all undocumented immigrants present in the United States on January 1, 2021.

Under this bill, anyone who satisfies the eligibility criteria for a new "lawful prospective immigrant status" can come out of the shadows.


So, what are the eligibility criteria for becoming a "lawful prospective immigrant status"? Those are in a new INA 245G and include:

- Payment of the appropriate fees
- Continuous presence after January 1, 2021
- Not having certain criminal record (but there's a waiver)


After a person has been in "lawful prospective immigrant status" for at least 5 years, they can apply for a green card, so long as they still pass background checks and have paid back any taxes they are required to do so by law.

However! Some groups don't have to wait 5 years.
SOCIETY , IMMIGRATION
RyNr \U0001f921\U0001f30e
RyNr 🤡🌎...
@RaynerJacksun
I’ll address every nonsense argument and lie used to defend the suicidal gender ideology Thats in vogue today:

3:45 - “So what if you don’t have gametes?”

It’s called a birth defect. You’re still male or female.


~5:00 *nonsense trying to say the sexes of seahorses could be swapped coz male carry the eggs*

male doesn’t produce eggs, he produces the sperm. He’s still the male. If I impregnated a chick then carried the amniotic sac in a backpack ‘til the baby was done I’ll still be male🤦‍♂️

5:10 - we could say there’s 4 sexes of fruit fly cause there’s 3 producers of different sized sperm

No. They’re still producing sperm. They’re males. This is idiotic. Is this whole video like this? (Probably. 99% likely. Abandon hope.)

~6:10 - hermaphroditism and sequential hermaphroditism exists therefore....

No. Some animals being hermaphrodites, which is meaningless w/o the existence of binary sex to contrast it to, still doesn’t make gender ideology or transgenderism valid.

Intersex ≠ transgenderism 🙄

6:20 - bilateral gynandromorphism is a disorder in some species (not in humans). Has nothing to do w/ “gender” or transgenderism.

Ova-testes in humans are also a disorder, usually found in those w/ the karyotype disorders that you ppl also try to appropriate (extra X’s/Y’s).
SOCIETY

You May Also Like

Brian Cates
Brian Cates
@drawandstrike
A lot of people don't understand that Trump & his incoming team didn't face a normal transition period, like it was over a in a matter of a few weeks or months.

The DOJ transition period JUST ENDED when Sessions left. Almost 2 exact years to get it there.

Pompeo at the CIA took over a year before he was done and ready to shift over to the State Department.

All kinds of stuff has been going on behind the scenes nobody leaks or talks about.

We only had the barest mention of the fact the Clinton Email investigation restarted

Nobody leaked in a year that Huber was deep diving into the Clinton Foundation.
Keep that in mind as all the usual suspects continue to INSIST nothing is happening/going to happen.
POLITICS
Jaya_Upadhyaya
Jaya_Upadhyaya
@Jayalko1
BANASHANKARI AMMA, NEAR BADAMI (KAR)
#bharatmandir #navratri2021

Originally built by Chalukyas in 7th century. Devi Banashankari was their family deity. This image of Banashankari Amma was installed by Jagadekamalla I in 630 AD.

Later renovations were done by Marathas.


Once, a demon Durgamasur was troubling the people of this area. Answering the prayers of Devas, Ma Parvati emerged from the yajna fire as Banashankari and killed Durgamasur.
This area has rich forests of coconut, betel nut and other trees.
@GunduHuDuGa


It is said that during a severe famine, Devi provided vegetables and fruits to the people of this area.
Hence, she is also worshipped here as Shakambhari.
In the annual festival called Banashankari jatre, a Rath yatra takes place and Devi moves around the city in the chariot.
ALL
Advertisement
\u2728Anshika Sharma
✨Anshika Sharma
@Anshi_________
Low-risk, High-return stocks are what we look for relentlessly

But many of them we know but ignore
some of them don't grab financial headlines

Here are 10 low-risk, high return stocks (that we ignore):

What I mean by “high-return”?

These stocks have OUTPERFORMED the market:

💹Chart with upwards trend Since IPO
💹Chart with upwards trend Over the last 5 Years or since IPO

These are all long-term winners that will keep on winning

What do We Mean by “low-risk”?

A combination of:

❣️Great management
❣️Broad moat
❣️Financially strong
❣️High ROCE
❣️Low Disruption/Dilution/Volatility
❣️Consistent Organic Growth
❣️Assorted Customers/Suppliers
❣️Low debt

1-#CDSL

A depository is a big business and will grow continuously, Its a sustainable business
cause "Market hai toh CDSL bhi hai or rahega"


2- #Dixon

High Management Efficiency with a high ROE of 19.30%
Healthy long-term growth as Net Sales has grown by an annual rate of more than 30%
High Institutional Holdings
LOW RISK HIGH RETURN STOCKS , LOW RISK HIGH RETURN STOCKS FOR LONG TERM , LOW RISK STOCK IDEAS
Billy Bostickson \U0001f3f4\U0001f441&\U0001f441 \U0001f193
Billy Bostickson 🏴👁&👁 ...
@BillyBostickson
@EricTopol @NBA @StephenKissler @yhgrad B.1.1.7 reveals clearly that SARS-CoV-2 is reverting to its original pre-outbreak condition, i.e. adapted to transgenic hACE2 mice (either Baric's BALB/c ones or others used at WIV labs during chimeric bat coronavirus experiments aimed at developing a pan betacoronavirus vaccine)

@NBA @StephenKissler @yhgrad 1. From Day 1, SARS-COV-2 was very well adapted to humans .....and transgenic hACE2 Mice


@NBA @StephenKissler @yhgrad 2. High Probability of serial passaging in Transgenic Mice expressing hACE2 in genesis of SARS-COV-2


@NBA @StephenKissler @yhgrad B.1.1.7 has an unusually large number of genetic changes, ... found to date in mouse-adapted SARS-CoV2 and is also seen in ferret infections.
https://t.co/9Z4oJmkcKj


@NBA @StephenKissler @yhgrad We adapted a clinical isolate of SARS-CoV-2 by serial passaging in the ... Thus, this mouse-adapted strain and associated challenge model should be ... (B) SARS-CoV-2 genomic RNA loads in mouse lung homogenates at P0 to P6.
https://t.co/I90OOCJg7o
ALL
Zena Hitz
Zena Hitz
@zenahitz
I just finished Eric Adler's The Battle of the Classics, and wanted to say something about Joel Christiansen's review linked below. I am not sure what motivates the review (I speculate a bit below), but it gives a very misleading impression of the book. 1/x


The meat of the criticism is that the history Adler gives is insufficiently critical. Adler describes a few figures who had a great influence on how the modern US university was formed. It's certainly critical: it focuses on the social Darwinism of these figures. 2/x

Other insinuations and suggestions in the review seem wildly off the mark, distorted, or inappropriate-- for example, that the book is clickbaity (it is scholarly) or conservative (hardly) or connected to the events at the Capitol (give me a break). 3/x

The core question: in what sense is classics inherently racist? Classics is old. On Adler's account, it begins in ancient Rome and is revived in the Renaissance. Slavery (Christiansen's primary concern) is also very old. Let's say classics is an education for slaveowners. 4/x

It's worth remembering that literacy itself is elite throughout most of this history. Literacy is, then, also the education of slaveowners. We can honor oral and musical traditions without denying that literacy is, generally, good. 5/x
CULTURE