Isabella M Weber

EconProf @UMass | "cost-shock queen" FT | Robinson, Keynes, Meiksins Wood, Rothschild & Matthöfer Prize | Harvard Associate in Research | 2023 TIME100 Next

[Isabella M Weber @IsabellaMWeber]

Economics can either enable the slide toward fascism, or defend affordability, dignity, and democracy.

I wrote ANTI-FASCIST ECONOMICS with my baby by my side—a constant reminder that the future should be livable for all.

Out in October with @randomhouse.

[lan Byrne MP @IanByrneMP]

Superb initiative by Mayor Mamdani.
This will feature in our Committee report and road map👏

#RightToFoodCommittee
#HungerIsAPoliticalChoice

[Isabella M Weber @IsabellaMWeber]

@DougHenwood 😂

[Isabella M Weber @IsabellaMWeber]

Mamdani is launching a public price war on private providers: Guaranteeing that public providers undercut private stores means leveraging the laws of the market in the interest of affordability for all.

[Acyn @Acyn]

Mamdani: Today, I am proud to announce a collection of essential staples that will be predictably 30% cheaper at all five of our city-run grocery stores. This core set of goods will include all fresh produce, meat, and seafood, along with 20 other essential items like cheese, milk, and bread.

Here's how it will work. Once a month, our five city-run grocery stores will set prices for this core set of goods at 30% below typical retail prices. No exceptions, no gimmicks. The savings will last for the entire month. That means no weekly fluctuations or sticker shock at the checkout line—not for our seniors living on fixed incomes, nor for the parents who rely on a regular supply of apple slices to keep toddler tantrums at bay.

[Mariana Mazzucato @MazzucatoM]

The Common Good Economy: A New Compass is out today! It draws together a decade of work--from The Entrepreneurial State to Mission Economy--and asks a different question: not just what the state can do, or how missions can be governed, but what principles have to be in place for any of that to deliver genuine transformation for people and planet. Links in replies.

[Isabella M Weber @IsabellaMWeber]

@DougHenwood What if Zohran was spotted with a copy of How China Escaped Shock Therapy!?

[Isabella M Weber @IsabellaMWeber]

If just five publicly owned stores can outcompete the whole NYC grocery sector, it would be a miracle come true!

NYC’s public stores won’t kill private stores but create a public option that ends people’s dependence on private prices for the stuff they can’t do without.

[Chairwoman Lisa McClain @RepLisaMcClain]

This is COMMUNISM.
We have history to show exactly what will happen:

1) Gov opens subsidized grocery stores at 30% below cost.
2) Local stores can’t compete and go under. The city store becomes the only option.
3) Shelves go empty. Rationing starts (“2 per customer”). There will be daily rushes, hoarding, and lines around the block.
4) Quality quietly tanks. Wilted produce, thinner cuts, fewer choices.
5) The subsidy bill balloons forever.

You didn’t solve hunger. You just built another Soviet bread line.

[Hongshen Zhu @HongshenZhu]

I would say @IsabellaMWeber ‘s How China Escaped Shock Therapy is also very good especially on reform history in the 80s and some of 90s. Also my article on SOE layoff’s impact on the establishment of China social security system may be of interest as well: https://t.co/XfflLC5dfW

[Isabella M Weber @IsabellaMWeber]

@gaodawei Margins are not the right measure of profitability in grocery but of course to be sustainable, this policy has to address the value chain.

[Isabella M Weber @IsabellaMWeber]

@DougHenwood Yes!! It is exactly that. The deep Chinese roots of Zohranomics!

[Branko Milanovic @BrankoMilan]

Branko Milanovic on What Comes After Globalization | Odd Lots https://t.co/zT4bKzhnmw via @YouTube

[liusanity 囧 @andybliu]

feels like zohran studied xue muqiao and chen yun's response to the kmt fabi's hyper-inflation of the 1940s @IsabellaMWeber

[Isabella M Weber @IsabellaMWeber]

Was wir uns wirklich nicht mehr leisten können ist die Wirtschaftspolitik von Linnemann und co.

[wenig Worte @wenig_worte]

Leisten-OPs im Krankenhaus, da müssen wir einfach mal sagen, das können wir uns nicht mehr leisten.

Linnemann bei #Lanz

[Isabella M Weber @IsabellaMWeber]

@Brad_Setser Is exports to China really the right variable here? Isn’t a lot of production of cars by European car companies for the Chinese market happening in China?

[Acyn @Acyn]

Reporter: Isn’t there concern that this slippery slope to socialism inevitably ends up as full-blown communism?

AOC: I mean, no. I think that’s very silly. We can’t even raise the minimum wage. Do they really think communism is going to happen? No. They’re trying to scare people because they don’t want us talking about the fact that we all have a right to health care.

So they want to call everything they don’t like communist because if people actually wake up to the fact that their elected officials are screwing them over when they get here, they’re going to realize they deserve better and that health care as a right isn’t crazy. They want to call this stuff communist because they don’t want us to realize that the rest of the developed world has guaranteed health care. They want to call it communist because they don’t want you to know that Germany, Italy, the UK, Canada—everybody else—has it better than us, and we spend the most money for the worst care in the developed world.

[Anton Jäger @AntonJaegermm]

Obscure gem, billions must read

[Isabella M Weber @IsabellaMWeber]

@linamkhan Congratulations!

[Lina Khan @linamkhan]

I'm honored to be joining the Economic Development Corporation's board of directors as chair. Look forward to helping ensure EDC is making our city materially better for working people.

[Isabella M Weber @IsabellaMWeber]

Affordability is a peace question.

[Common Wealth @Cmmonwealth]

“[Public ownership] isn’t just ideological ... there are rational economic reasons ... the ideological people now are those who are committed to a status quo which is clearly and manifestly not working.”

@DantonsHead on @LBC 👇

[David Poms @davidpoms]

🌾🌾🌾