The prior urban development regime did not fail because it rejected housing. It failed because it could not align process, product, and story into a system that delivered at scale, or organize a coalition capable of doing so.
My latest: https://t.co/w8hbNmqFZ9
All are still cutting white-collar staff.
Meanwhile, construction is short hundreds of thousands of workers.
A generation was told the four-year degree was the only respectable path, and the economic conditions are telling a different story.
@AlexDwyerKS writes for the New Outlook that we have to rebuild the pipeline: Take skills-first hiring seriously, and end the hierarchy that treats the trades as a fallback. https://t.co/tAZXUGtpej
The Fed isn’t losing control. It’s losing flexibility.
Kevin Warsh’s framework assumes inflation can be controlled.
Markets are starting to price a world where it can’t.
New piece: https://t.co/NCFrAgkjOZ