David H Feldman
@dhfeldman.bsky.social
I write about the economics of higher education and international trade.
Love New Mexico & cats.
My books:
https://academic.oup.com/book/7559
https://academic.oup.com/book/5108
Social media posts are my own views and do not reflect my employer.
Love New Mexico & cats.
My books:
https://academic.oup.com/book/7559
https://academic.oup.com/book/5108
Social media posts are my own views and do not reflect my employer.
He needs to be replaced. His time is over.
November 10, 2025 at 7:01 PM
He needs to be replaced. His time is over.
"New leaders in the Senate."
Could you come out and say that Chuck Schumer needs to be replaced?
Could you come out and say that Chuck Schumer needs to be replaced?
November 10, 2025 at 6:06 PM
"New leaders in the Senate."
Could you come out and say that Chuck Schumer needs to be replaced?
Could you come out and say that Chuck Schumer needs to be replaced?
If so, then the caucus needs to replace Schumer. But I'll wait a bit before presuming that The Prospect is correct.
November 10, 2025 at 6:03 PM
If so, then the caucus needs to replace Schumer. But I'll wait a bit before presuming that The Prospect is correct.
Sen. Sanders, could you pressure Schumer to demote the eight to lesser roles on the committees on which they serve? Durbin could be removed as Ranking Member on Judiciary. Shaheen is Ranking Member on Foreign Relations. He can end their leadership roles with the support of the caucus.
November 10, 2025 at 5:54 PM
Sen. Sanders, could you pressure Schumer to demote the eight to lesser roles on the committees on which they serve? Durbin could be removed as Ranking Member on Judiciary. Shaheen is Ranking Member on Foreign Relations. He can end their leadership roles with the support of the caucus.
We'll see if Schumer has any control over the Democratic caucus ...
He could move the eight out of any major role on Senate committees and replace them with new people. Jean Shaheen is the "Ranking Member" on the foreign relations committee. Durbin on the Judiciary Committee. That should end.
He could move the eight out of any major role on Senate committees and replace them with new people. Jean Shaheen is the "Ranking Member" on the foreign relations committee. Durbin on the Judiciary Committee. That should end.
November 10, 2025 at 5:04 PM
If Chuck Schumer is actually still in control of the Democratic caucus in the Senate, he should move the eight out of any major role on Senate committees and replace them with better people. Jean Shaheen, for instance, is the "Ranking Member" on the foreign relations committee. That should end.
November 10, 2025 at 4:59 PM
If Chuck Schumer is actually still in control of the Democratic caucus in the Senate, he should move the eight out of any major role on Senate committees and replace them with better people. Jean Shaheen, for instance, is the "Ranking Member" on the foreign relations committee. That should end.
Hard disagree, Senator. Do not do this. You will forfeit a substantial amount of support.
November 10, 2025 at 1:50 AM
Hard disagree, Senator. Do not do this. You will forfeit a substantial amount of support.
I do not absolve him ...
November 10, 2025 at 12:59 AM
I do not absolve him ...
Our government is truly foul. The people who approve of this are ... truly foul.
November 9, 2025 at 10:47 PM
Our government is truly foul. The people who approve of this are ... truly foul.
This is what 75 million of our fellow citizens voted for. Most of them would vote for this again. Says a lot about us.
November 9, 2025 at 7:22 PM
This is what 75 million of our fellow citizens voted for. Most of them would vote for this again. Says a lot about us.
2/ That is behind this duo of price indexes over long stretches of time. The great rise in labor productivity in manufacturing and farming is why we're so much better off on average. It's also why we spend a larger fraction of our income on services, and why those services are more expensive.
November 9, 2025 at 6:42 PM
2/ That is behind this duo of price indexes over long stretches of time. The great rise in labor productivity in manufacturing and farming is why we're so much better off on average. It's also why we spend a larger fraction of our income on services, and why those services are more expensive.
By the way, your point about the shrinking fraction we spend on "goods" like clothing is also one reason why "college costs so much." We have seen spectacular rises in labor productivity in producing "things" over the past century. Much smaller rises in productivity in offering personal services.
November 9, 2025 at 6:42 PM
By the way, your point about the shrinking fraction we spend on "goods" like clothing is also one reason why "college costs so much." We have seen spectacular rises in labor productivity in producing "things" over the past century. Much smaller rises in productivity in offering personal services.
4/ for short-term political gain.
No one seems to care that a policy that helps one firm also disadvantages other American firms in the intense competition for capital and labor.
No one seems to care that a policy that helps one firm also disadvantages other American firms in the intense competition for capital and labor.
November 9, 2025 at 2:00 PM
4/ for short-term political gain.
No one seems to care that a policy that helps one firm also disadvantages other American firms in the intense competition for capital and labor.
No one seems to care that a policy that helps one firm also disadvantages other American firms in the intense competition for capital and labor.
3/ This is why "Congress" and "Industrial Policy" usually shouldn't be uttered in the same sentence. Democrats used to be the party of "we know best which firms should win," and Republicans used to be more "hey, let the market decide." Now everybody seems to thinks that the market is their plaything
November 9, 2025 at 2:00 PM
3/ This is why "Congress" and "Industrial Policy" usually shouldn't be uttered in the same sentence. Democrats used to be the party of "we know best which firms should win," and Republicans used to be more "hey, let the market decide." Now everybody seems to thinks that the market is their plaything
2/ ... whatever (supposed) spillover benefits might flow to consumers and to other firms due to the spread of this technology. "We" have no particular interest in the survival of this particular firm. A Congress-critter might, however, if it means a few hundred jobs in his district.
November 9, 2025 at 2:00 PM
2/ ... whatever (supposed) spillover benefits might flow to consumers and to other firms due to the spread of this technology. "We" have no particular interest in the survival of this particular firm. A Congress-critter might, however, if it means a few hundred jobs in his district.
I'm confused. The US has a very deep capital market.
Private investors are quite used to waiting for years before a return if they think the idea will win out in the end. This is also a market with a number of good-sized players. If one of them fails, AI doesn't collapse, and we still get ...
Private investors are quite used to waiting for years before a return if they think the idea will win out in the end. This is also a market with a number of good-sized players. If one of them fails, AI doesn't collapse, and we still get ...
November 9, 2025 at 2:00 PM
I'm confused. The US has a very deep capital market.
Private investors are quite used to waiting for years before a return if they think the idea will win out in the end. This is also a market with a number of good-sized players. If one of them fails, AI doesn't collapse, and we still get ...
Private investors are quite used to waiting for years before a return if they think the idea will win out in the end. This is also a market with a number of good-sized players. If one of them fails, AI doesn't collapse, and we still get ...
4/ the big child has decided that no constraints should stand between him and unchecked power to reward friends and punish perceived enemies.
November 8, 2025 at 2:12 PM
4/ the big child has decided that no constraints should stand between him and unchecked power to reward friends and punish perceived enemies.
3/ political party in a country thinks there is short run domestic political gain from manipulating trade and discriminating against (often weaker) partners, they'll reach into that cookie jar for policies that are acid to global stability.
The US has destroyed the rules, and the system, because
The US has destroyed the rules, and the system, because
November 8, 2025 at 2:12 PM
3/ political party in a country thinks there is short run domestic political gain from manipulating trade and discriminating against (often weaker) partners, they'll reach into that cookie jar for policies that are acid to global stability.
The US has destroyed the rules, and the system, because
The US has destroyed the rules, and the system, because
2/ set aside temporarily, but they did help minimize the politicization of trade policy. Without them, and without the force of international law behind them, we're in a world where there is a large cookie jar on the table and no adult in the room (and no lid on the jar). Whenever a leader or a
November 8, 2025 at 2:12 PM
2/ set aside temporarily, but they did help minimize the politicization of trade policy. Without them, and without the force of international law behind them, we're in a world where there is a large cookie jar on the table and no adult in the room (and no lid on the jar). Whenever a leader or a
I might add a third. The fundamental rules of the old system -- non-discrimination and national treatment -- might not have the central place in a New World Order that they had in the rules-based system birthed by the US hegemony after WWII. Those rules were hardly perfect, and they were often
November 8, 2025 at 2:12 PM
I might add a third. The fundamental rules of the old system -- non-discrimination and national treatment -- might not have the central place in a New World Order that they had in the rules-based system birthed by the US hegemony after WWII. Those rules were hardly perfect, and they were often