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Louis

@genericpoints.bsky.social did:plc:k3spjetykdkaj3lhvyppqd6z

Bei Bluesky seit

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247
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Zusammenfassung

Louis (@genericpoints.bsky.social) ist seit 2 Dezember 2023 auf Bluesky. Das Konto hat 306 Follower, folgt 297 Konten und hat 247 Posts veröffentlicht.

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  • Alexander Clarkson@aphclarkson.bsky.social

    Goodall also manages to ignore the actual structure of the UK's current manufacturing supply chains that are very much wired into wider EU European structures. All this chasing of a supposedly hypercompetitive future UK economy of scifi fantasies rather than engage with the UK economy as it is now

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  • ironeconomist.bsky.social@ironeconomist.bsky.social

    Think this is also why Biden’s economy was so disliked despite also having an economic boom. I think housing outcomes are just dramatically politically salient so if housing sucks even having a massive rise in real wages will not make people happier below are the Irish rent indexes.

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  • ironeconomist.bsky.social@ironeconomist.bsky.social

    Think this is what ties together a lot of political trends. If people can’t afford housing at age 25 they will be angry and the link to immigration is pretty straight forward. Ireland had peak immigration of 2% of population in a single year in 2022 vs ~no housebuilding.

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  • ironeconomist.bsky.social@ironeconomist.bsky.social

    Ultimately supply and demand are two ways of saying the same thing. Too little supply means ‘too little for the demand you have’ and too much demand means ‘too much for the supply you have’ and increasing supply will have the same effect as decreasing demand.

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  • ironeconomist.bsky.social@ironeconomist.bsky.social

    Ireland is such good evidence for the housing theory of everything. Unlike many other countries its success at tax competition has given it a huge economic windfall and rising living standards but because it has an even worse house building outcomes than the uk it’s got all the same trends.

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