In response to footnote 1: Brushing up against an urbanism hotbed! If you’d like to expand on this topic past the personal finance angle, I’d recommend checking out some of the work by War on Cars. Going even further into urbanism: car ownership is personally ruinous enough, the suburbia it’s synonymous with is ruinous for municipalities. I recommend NotJustBikes’ video about the growth Ponzi scheme, and his whole Strong Towns series is great.
It looks like Wasner's work will be his dissertation so likely he has to defend it before it can be published. That being said, if he is like most academics I know, you can email him and he'll send any info he can :)
Also, for great tracking on clipping and clip farms, check out the Garbage Day newsletter by Ryan Broderick who has been tracking this as the next iteration of short form video across platforms and how it was supercharged by Kick.
That Marge Simpson meme is so real. Something no one tells you about having young kids is they need a new wardrobe every spring and fall. Would I love those clothes to be all organic, sustainably harvested cotton made by people that are paid a real living wage? Of course. Can I afford to get my daughters enough clothing to keep up with the lack of laundry time due to being a working mom? Nope. Also, they just destroy everything. They can't have nice things. Oh, and the oldest one wants name brands, namely Nike. We know what they do...
I strategically befriended families with slightly older children. One child will only wear certain clothes* that I end up getting from the companies with philosophies, but all the rest have made it well into their teens wearing almost entirely handmedowns, including the oldest who is now in college and shops thrift for himself. This is me participating in the conversation, not advice. You know your life and I don’t.
* This child started a years long protest by wearing nothing but hanna andersen pajamas in elementary school. The 1st sets were handmedown, but eventually I got worn down and bought some as he grew. My aunt, a child psychologist, promised middle school would peer pressure him into regular clothes… but no. There was a terrible moment when I think HA got bought by some private equity hacks and all the pjs had licensed characters, which seemed like a great way to get rid of all their customers. We have target for that🙄. We had to diversify to primary, which also allowed me to start sneaking in sweatpants. I give props to both HA and primary for quality though. The cost has been successfully amortized.
Órla, you are a genius. We got this benefit accidentally because my SIL has a daughter a year older than mine, but at about two years old, my kid passed hers (I have giant children). Also, I was thinking specifically of HA when writing my comment. I bought a HA skort from a consignment shop, and was both happy because it was such high quality and pissed that I feel I need to buy more. I do get the benefit of handmedowns within our house because my youngest two are 13 months apart. The cost per wear probably justifies it.
It’s apocalyptically funny how “fake news” is in fact now coming directly from the federal government, and even the escapist platforms (I count sports gambling as the newest kid on the block in this category - our dopamine dealers) have now been trained on fake news, fake expertise, fake virality.
I spent a good chunk of a morning last week panic designing a subsistence garden on Claude in preparation for the Hormuz supply chain clusterfuck coming our way this summer, just waiting for the uprising of our overworked Marxist agents.
10/10 Recommend “Trust Me, I'm Lying” by Holiday. Written in 2012 and updated in 2018, it covers this ecosystem deeply. Real spiritual successor to Manufacturing Consent for the new media age.
Anyone else here get the feeling that the Fed didn't "finally, only now" stumble upon this information, but that they simply waited for a strategic time to admit to this information?
I mean, Katie, you write about the fakeness of most content in our world nowadays in this very article...so who's to say that releasing this "new" information isn't of the same genus?
In response to footnote 1: Brushing up against an urbanism hotbed! If you’d like to expand on this topic past the personal finance angle, I’d recommend checking out some of the work by War on Cars. Going even further into urbanism: car ownership is personally ruinous enough, the suburbia it’s synonymous with is ruinous for municipalities. I recommend NotJustBikes’ video about the growth Ponzi scheme, and his whole Strong Towns series is great.
NotJustBikes is soooo good!
True, analyzing this would probably make for the best personal finance take on urbanism
“titillate the 0s and 1s on the sheer upthrust of its greatness” is now one of my favorite phrases
It looks like Wasner's work will be his dissertation so likely he has to defend it before it can be published. That being said, if he is like most academics I know, you can email him and he'll send any info he can :)
Also, for great tracking on clipping and clip farms, check out the Garbage Day newsletter by Ryan Broderick who has been tracking this as the next iteration of short form video across platforms and how it was supercharged by Kick.
That Marge Simpson meme is so real. Something no one tells you about having young kids is they need a new wardrobe every spring and fall. Would I love those clothes to be all organic, sustainably harvested cotton made by people that are paid a real living wage? Of course. Can I afford to get my daughters enough clothing to keep up with the lack of laundry time due to being a working mom? Nope. Also, they just destroy everything. They can't have nice things. Oh, and the oldest one wants name brands, namely Nike. We know what they do...
I strategically befriended families with slightly older children. One child will only wear certain clothes* that I end up getting from the companies with philosophies, but all the rest have made it well into their teens wearing almost entirely handmedowns, including the oldest who is now in college and shops thrift for himself. This is me participating in the conversation, not advice. You know your life and I don’t.
* This child started a years long protest by wearing nothing but hanna andersen pajamas in elementary school. The 1st sets were handmedown, but eventually I got worn down and bought some as he grew. My aunt, a child psychologist, promised middle school would peer pressure him into regular clothes… but no. There was a terrible moment when I think HA got bought by some private equity hacks and all the pjs had licensed characters, which seemed like a great way to get rid of all their customers. We have target for that🙄. We had to diversify to primary, which also allowed me to start sneaking in sweatpants. I give props to both HA and primary for quality though. The cost has been successfully amortized.
Órla, you are a genius. We got this benefit accidentally because my SIL has a daughter a year older than mine, but at about two years old, my kid passed hers (I have giant children). Also, I was thinking specifically of HA when writing my comment. I bought a HA skort from a consignment shop, and was both happy because it was such high quality and pissed that I feel I need to buy more. I do get the benefit of handmedowns within our house because my youngest two are 13 months apart. The cost per wear probably justifies it.
Took them long enough to realize no one has extra money to spend.
Horseshoe theory is definitely real because that Vulture article just made me want to yeet myself back to 1855
I’ll take the Marxist AI agents but no thank you to the rest of this (excellently done) reality sandwich, thanks. 🫠
It’s apocalyptically funny how “fake news” is in fact now coming directly from the federal government, and even the escapist platforms (I count sports gambling as the newest kid on the block in this category - our dopamine dealers) have now been trained on fake news, fake expertise, fake virality.
I spent a good chunk of a morning last week panic designing a subsistence garden on Claude in preparation for the Hormuz supply chain clusterfuck coming our way this summer, just waiting for the uprising of our overworked Marxist agents.
10/10 Recommend “Trust Me, I'm Lying” by Holiday. Written in 2012 and updated in 2018, it covers this ecosystem deeply. Real spiritual successor to Manufacturing Consent for the new media age.
Anyone else here get the feeling that the Fed didn't "finally, only now" stumble upon this information, but that they simply waited for a strategic time to admit to this information?
I mean, Katie, you write about the fakeness of most content in our world nowadays in this very article...so who's to say that releasing this "new" information isn't of the same genus?
I need you to do a deep dive on this Belle Burden STRANGERS memoir and the New Yorker piece detailing her crazy finances!! Katie take please! 🙏🏻https://www.newyorker.com/books/page-turner/whats-missing-from-belle-burdens-strangers
A banger!