Sam Thorpe
@samthorpe.bsky.social
4.2K followers 530 following 320 posts
Researching the economics of inequality, tax, and industrial policy. Formerly federal fiscal policy @ Brookings; research + organizing @ UChicago.
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samthorpe.bsky.social
Do you have a link to the report? Can't find it online yet.
samthorpe.bsky.social
Have you written (or are you working on) anything on these questions? Or is there anyone you've been reading, contemporary or historical, that you think gets close to identifying some of the experiments we need to foster in our attempts to move forward?
samthorpe.bsky.social
But I haven't seen nearly enough emphasis elsewhere on the idea that our "language of... fire-alarm emergencies looks at our increasingly brittle existing modes of political organization and cannot see beyond them", that we need to rethink our law and politics rather than merely preserving them.
samthorpe.bsky.social
Really appreciated this article. Obviously '20s don't map onto the present perfectly, particularly r:e shape of authoritarian violence (state-perpetrated versus tacitly state-condoned), how media and opinion formation operates, and the targets of the state (primarily racial vs. primarily political).
Reposted by Sam Thorpe
sandertordoir.bsky.social
The IMF too long assumed imbalances would recede.

The Fund is now - thankfully - marching back into the global imbalance part of its mandate.

IMF staff just released an interesting new paper.

“Do trade imbalances boost incomes in surplus economies at the expense of deficit economies?

1/
samthorpe.bsky.social
This is a really gorgeous collage. Loved reading it - thank you for sharing.
Reposted by Sam Thorpe
economeager.bsky.social
Alright here we go: You Love America.

I started writing this last year; it had this same title last year; depressingly little had to be changed for it to fit in to this moment.

open.substack.com/pub/rottenan...
You Love America
A covenant with death, and an agreement with hell; Yale, Du Bois, Bagehot, Pynchon, Fitzgerald
open.substack.com
samthorpe.bsky.social
Sorry for the long chain of comments - this article really hit a fun sweet spot for me of music + Frankfurt School + empirical research. Enjoyed reading it a lot, and I'm really curious to hear your thoughts.
samthorpe.bsky.social
If you listen to some of the weirder corners of rap on the internet (think stuff that gets highlighted in places like my college radio friend's blog No Bells, linked here), you're getting an incredibly bizarre panorama of sounds, deliveries, lyrics, etc. that didn't exist in the aughts.
No Bells
Independent music journalism.
nobells.blog
samthorpe.bsky.social
Also, any thoughts on the flip side of homogenization - the sheer variety of weird stuff that pops up with the ease of releasing music on streaming? I suspect if you look at the top thousand songs in 2022 vs. 2002, there would be MUCH more diversity in 2022 once you get outside of the top hundred.
samthorpe.bsky.social
I think in particular, the drum sample heterogeneity in the 2002 top hits vs. Rap Caviar might be because the latter is designed *explicitly* to "create a seamless listening experience", as you note, in a way that top charts can't be. (That said, totally with you on the dominance of the 808.)
samthorpe.bsky.social
I guess my concern here is that Rap Caviar is platforming a particular subgenre of pop-rap, since if you want to get more left-field recommendations, you'd just listen to an alternative rap playlist. (I.e. I assume lots of the weirder Kendrick stuff is not on Rap Caviar despite being popular.)
samthorpe.bsky.social
Really fun article! Two quick Qs: do you think Rap Caviar is really a fair analogue to the top charts? You say "both playlists represent the most-played and revenue-generating hip-hop music in a given year" - but would your findings still hold when using the 2024 top 50 instead?
Reposted by Sam Thorpe
socio-steve.bsky.social
Oh wow anti-trust, wealth taxation...you are telling me these can be tools to promote democratic stability and there were a whole boatload of centrist economists who couldn't think beyond deadweight loss and consumer welfare?
Reposted by Sam Thorpe
awhf.bsky.social
So many immediate horrors right now, but I appreciated the invitation from @donmoyn.bsky.social to reflect on the future and how social scientists could help with the eventual federal government rebuilding.

As @sbagen.bsky.social has argued persuasively, we need to start now with that effort! 1/
donmoyn.bsky.social
State capacity that is being gutted now will need to be rebuilt in the future. Alex Hertel-Fernandez looks back at his time in the Biden administration to identify ways that governments could better use social scientists to improve public services.
donmoynihan.substack.com/p/how-social...
How social scientists could help to rebuild the federal government
Lessons from my time in the Biden administration
donmoynihan.substack.com
Reposted by Sam Thorpe
jamellebouie.net
this from my piece on charlie kirk is probably the most important takeaway if you want to know why bad faith, right-wing voices in media are treated as just another set of peers
samthorpe.bsky.social
Seriously, the last paragraph here sounds like something straight out of the Roosevelt Institute! Possible that this is something the economic populist side of the admin is winning on, but would love thoughts on the (more likely) ulterior motives at play.
rooseveltinstitute.org
samthorpe.bsky.social
This is fascinating. Who in the admin is pushing to end corporate short-termism? Is this just intended to hide reporting on the current economic slowdown, or will it mark a genuine shift in policy?

www.ft.com/content/d5d4...
samthorpe.bsky.social
I highlighted this issue back in August, and it's fantastic to see it getting more mainstream media coverage; previously it was mostly living in the financial press.
samthorpe.bsky.social
Lots of reporting on Cook's firing at the Fed overlooks probably the most important part: the presidents of all 12 regional Feds are up for renewal in February 2026!! If Trump replaces Cook by then, he will have appointed a majority on the Board of Governors, who approve regional Fed appointments. 🧵
samthorpe.bsky.social
Aaron Klein with a really clear summary of why the Lisa Cook firing is so important: in Februrary, the regional Fed presidents are up for reapproval. If Cook is successfully fired before then, Trump appointees would have the majority necessary to reject them and completely take control of the FOMC.
Opinion | Here’s How Trump Takes Over the Fed
www.nytimes.com
Reposted by Sam Thorpe
prasad.bsky.social
“Mr. Van Hollen saw a different lesson [from his role in the Abrego Garcia case]. ‘This finger in the wind stuff has got to end. We also need to stop deluding ourselves that the problem is all about messaging, or about volume, or style. We don’t just need to fight. We need to fight for something.’”
In his remarks, Mr. Van Hollen cited his involvement in fighting for the return of Kilmar Armando Abrego Garcia, a Maryland man who was wrongfully deported by the Trump administration to El Salvador in the spring. Some in his party, he said, argued that getting embroiled in a fight over a deportation was a “distraction” and potentially politically unpopular, because Mr. Trump’s hard line on immigration had resonated with voters.

Mr. Van Hollen saw a different lesson.

“This finger in the wind stuff has got to end. We also need to stop deluding ourselves that the problem is all about messaging, or about volume, or style,” he said. “We don’t just need to fight. We need to fight for something.”
samthorpe.bsky.social
Always wild to see a new illustration of just how corrosive the mismanagement of 2008 was to American economic, political, and social life.
samthorpe.bsky.social
Part of this story is that Germany and Japan each experienced steady increases in employment over this period, but the US series falls off a cliff in 2008 and remains ~3 p.p. (~4%) lower than its pre-period levels relative to UK and Canada.
samthorpe.bsky.social
Today in 'stylized facts I'd never really internalized': the drop in the US employment + LFP rates during and after 2008 was so severe that we went from among the highest employment rate in the G7 to one of the lowest; just two points above France. (Chart is G7 ex Italy, with US series highlighted.)