Matthew Rousu
5.2K posts

Matthew Rousu
@MatthewRousu
Dean and Professor of Economics at Susquehanna University. Run https://t.co/0xEhfh1q20, YouTube at #econtastic, and co-host @econhappyhour.




Zohran Mamdani quoted Tupac Shakur when asked if he opposes the war in Iran: "This war killed thousands of civilians, so yes, I strongly oppose it— Tupac said it decades ago, we always seem to have money for war but never to feed the poor."

There are basically 5 ways to accumulate a billion dollars: 1) Profiting from a monopoly 2) Insider-trading 3) Political payoffs 4) Fraud 5) Inheritance Don’t believe the self-made myth.

In the richest country on earth, young people shouldn't have to wait until age 40 to buy a home - 12 years after first-time buyers in 1991. Young people shouldn't have to fear a lower standard of living than their parents. We need an economy that works for all, not just the 1%.


AOC: “There’s a certain level of wealth and accumulation that is unearned. You can’t earn a billion dollars. You just can’t earn that. You can get market power, you can break rules, you can abuse labor laws, you can pay people less than what they’re worth, but you can’t earn that”




In 1826, a ream of 500 sheets of paper cost about $5. With average wages near five cents an hour, the time price was 100 hours. Paper was precious. Today, 500 higher-quality sheets sell for $7.99 at Staples. With average wages around $36.86 an hour, the time price is just 13 minutes. humanprogress.org/two-centuries-…

I've warned for months that a @JetBlue-@SpiritAirlines merger would have led to fewer flights and higher fares. @JusticeATR and @USDOT were right to stand up for consumers and fight against runaway airline consolidation. This is a Biden win for flyers! apnews.com/article/jetblu…

Spirit Airlines Prepares to Shut Down as Rescue Deal Falls Apart on.wsj.com/3QKfKKD

INSANE. Seattle's Socialist Mayor responds to exodus of wealth from Washington state by saying "BYE" ... then laughing. We're doomed.

an economist explains how rent control is actually fine and good currentaffairs.org/news/rent-cont…


INSANE. Seattle's Socialist Mayor responds to exodus of wealth from Washington state by saying "BYE" ... then laughing. We're doomed.




