Adam Ozimek

Chief economist at @InnovateEconomy. Host of the EconTwitter Water Cooler, live on twitter spaces and downloadable here:

[Adam Ozimek @ModeledBehavior]

What should we do about high skilled immigration and why? This is the topic of my huge new report with @LettieriDC and @cojobrien: Exceptional by Design. Quick thread on why I think you should read this report.

https://t.co/9F0Pi130Z0

[Kyle Chan @kyleichan]

It’s interesting to consider the rise of Chinese EVs alongside China’s rise in consumer electronics and home appliances.

Over a similar time period, you have the rise of Chinese brands like Hisense, Haier, Roborock, Eufy / Anker, Midea, TCL, etc—all popular brands now in the US.

There was a previous wave of both consumer electronics and automotive brands from Japan with the rise of Sony, Panasonic, Toyota, Honda, etc.

And then the Korean wave of Samsung, LG alongside the rise of Hyundai, Kia.

Why is there this overlap? Yes, part of it is overlapping supply chains and complements. But there’s something deeper at work: the ability to scale and innovate quickly on electro-mechanical manufacturing. There’s some core competency here that, when mastered, seems to become a national capability that cuts across specific product segments.

It’s not just one firm or one industry but a g-factor for this larger cluster of technologies and skills.

[Brian Albrecht @BrianCAlbrecht]

I'll have more to say on the DOJ egg settlements. Still trying to understand it before saying much.

But let's be clear. NO ONE put this as the offense. Don't let people take a victory lap as if they had a clue.

Genetics? Robinson-Patman? This is throwing stuff at the wall

[Adam Ozimek @ModeledBehavior]

Look at that beautiful feels like temp. Perfect weather is finally here.

[Adam Ozimek @ModeledBehavior]

Noah is correct we need smart coherent immigration reform: https://t.co/2mz82orD9D

IMHO for skilled immigration reform, we have THE BEST PLAN

https://t.co/2J8jBxeK18

[unusual_whales @unusual_whales]

Tesla's, $TSLA, China-made EV sales rose 24.4% year over year to 89,091 vehicles in June, extending growth to an eighth consecutive month.

[Adam Ozimek @ModeledBehavior]

@mnolangray And some of them are blessed with the country's greatest bowling alley

[Adam Ozimek @ModeledBehavior]

Negative emotional contagion https://t.co/5PNxcXcguq

[Adam Ozimek @ModeledBehavior]

@BrianCAlbrecht @thedispatch No no no. The $40k stands.

[Adam Ozimek @ModeledBehavior]

My debut at @thedispatch. The $50,000 Question: How Did Vehicles Get So Expensive?

https://t.co/Nikgn1Y9Io

[Adam Ozimek @ModeledBehavior]

@stephenfhayes Thank you, excited to contribute.

[M. Nolan Gray 🥑 @mnolangray]

Pennsylvania is low key the American urbanism promised land. Just hundreds of beautiful, walkable, living little Main Street towns all over the state.

[Michael Dunne @dunne_insights]

What's causing the explosion in China's car exports?

Check out this revealing conversation with @jorge_guajardo Guajardo, former Mexican ambassador to China and partner at DGA Global.

> Demographic decline as an indirect force.
> Free trade distortions.
> Massive installed capacity.
> Chokepoints as leverage. "Take my stuff or else."

Jorge also share what his friend and family in Monterrey, Mexico think about their Chinese cars.

New - today.

Listen: https://t.co/7G7GM0cE0n

[Adam Ozimek @ModeledBehavior]

@magicvoice68 @thedispatch Yes thank you

[Adam Ozimek @ModeledBehavior]

If you're going to come at Matt Bruenig, you best not miss

https://t.co/GLA0eG4x3p

[Adam Ozimek @ModeledBehavior]

@reihan @DouthatNYT He'd have my vote

[Adam Ozimek @ModeledBehavior]

@Noahpinion sounds a little surprised by this but I knew it was true because I learned it from him:

"The U.S. stopped making steel because we stopped using steel"

https://t.co/3t2eeT0ITF

[Adam Ozimek @ModeledBehavior]

"For the U.S., the main reason we make less stuff is that we want less stuff — at least, relative to how many 'experiences' we want to consume."

https://t.co/28EW0qv99B

[Adam Ozimek @ModeledBehavior]

@jongeeting @JNeyhartPA I love it there, doesn't feel like the whole rest of the state imo

[Adam Ozimek @ModeledBehavior]

@jongeeting @JNeyhartPA Never been to Jim Thorpe???

[Arpit Gupta @arpitrage]

We talk about the Glaeser-Gyourko wedge (price vs construction cost) identifying at zoning constraints. And the Diego-Puga wedge measuring the deadweight loss from not enough agglomeration economies.

But there is also a wedge between local construction costs and national average building costs; reflecting codes, labor standards, affordability requirements, impact fees, and taxes.

And another wedge pushing up operating costs above minimum (environmental mandates, labor requirements, etc) which also constrains development

Even if we fix zoning, we have a range of other regulatory and fiscal constraints which hit housing production