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PratticusFinch

@pratticusfinch.bsky.social
486 followers 1.6K following 100 posts

militant urbanist

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Jake Grumbach @jakemgrumbach.bsky.social · 1h
New working paper: the Norwegian wealth tax was a huge success. The "exodus" of wealthy people never happened (less than 100 individuals left). Tax revenue increased by 71.5%. No changes in business activity or investment. www.nber.org/papers/w35854
Taxing Entrepreneurial Wealth: Evidence from
Norway, 2021-2025
Marius A. K. Ring
WORKING PAPER 35854|
DOl 10.3386/w35854
ISSUE DATE October 2026
Whether imposing higher taxes on business owners adversely affects business activity by constraining investment and inducing capitalist flight is a central question in the ongoing debate on how to tax the ultra wealthy. To shed new light, I exploit a series of related Norwegian reforms during 2021-2024 that increased dividend tax rates, removed migration-related capital gains tax loopholes, and nearly doubled the effective marginal tax rate on business wealth. These reforms spurred international debate and, allegedly, an "exodus" of Norwegian billionaires (Financial Times,
2023). While I document clear effects on migration, these responses are concentrated among the top 0.1% of the wealth distribution and mostly confined to 2022 and 2023. My results indicate that at most 100 individuals left due to the reforms. I find no evidence of significant outmigration or reduced inflows of startup founders or inventors. I estimate that absent any outmigration, wealth tax revenues would have increased by 75% from 2021 to 2024. Reform-driven outmigration lowers the revenue gain to 71.5%. My findings further show that outmigrating owners' firms remain economically active and do not reduce investment. In a broader set of analyses, I examine whether business outcomes are affected, regardless of whether owners outmigrate, since firms may reduce investment both due to liquidity constraints or distortions to owners' savings decisions. I compare firms owned by Norwegian individuals subject to the wealth tax with firms owned by foreigners and other tax-exempt entities. By merging historical ownership data from Orbis with the Norwegian shareholder register, I perform these analyses on both Norwegian and foreign-domiciled firms.
Across settings, I find no evidence that Norwegian-owned firms pay out more dividends or invest less after the reforms,…
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Sam “The Great Pumpkin” Thielman @samthielman.com · 5h
I think it’s bad that the two most prominent left-leaning politicians in the country don’t feel like they can criticize the cops in their own city when they help the secret police flee the scene of a shooting
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Laura Bassett @lebassett.bsky.social · 16h
“If you don’t like public executions just don’t watch it” says the crowd trying to ban drag shows and books
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🎃👻🧙‍♀️ Vio the VVitch 🧙‍♀️👻🎃 @viothevvitch.myatproto.social · 08/10/2026
this is so fucking sad
Alvin Sng 0 @alvinsng My wife: Can you read our baby a book?
Follow
Me: Icanjust play an audiobook from my phone.
My wife: But then it won't be in your voic e.
Me:| can train a voice model.
Parenting hits different when you workin Al.
8:30 AM .07 Oct 26 . 816K Views
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Suss-- 🥌 @suss2hyphens.bsky.social · 08/10/2026
“No Way To Prevent This,” Says Only Ballpark Where This Regularly Happens
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Pwnallthethings @pwnallthethings.bsky.social · 07/10/2026
If Democrats win, johnson will not be speaker at the point where they are swearing in the new Congress. They are sworn in by the speaker elect, who is chosen by the member elects
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Nolan Hicks @ndhapple.bsky.social · 07/10/2026
Can't wait to be told once again that the issue is the avocado toast
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the hills have vrunt @vrunt.social · 07/10/2026
this is how it feels to complete a task
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PratticusFinch @pratticusfinch.bsky.social · 07/10/2026
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Gautham Rao (pronounced: Knicks in 5) @gauthamrao.bsky.social · 06/10/2026
Democrats need to turn down the temperature
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jamelle @jamellebouie.net · 05/10/2026
feels like at least part of what is happening is that a lot of people want politics to solve the "my life feels empty" problem and the populist right is directly appealing to them
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dtsjr @dtsjr.bsky.social · 04/10/2026
Just what the world needs right now
cnn.com
Researcher at Russian plague laboratory dies of ‘unknown’ infection | CNN
Russian authorities are responding to an incident in which a dangerous infection was released as a result of a laboratory accident in Siberia and a researcher died.
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The Needling @theneedling.com · 03/10/2026
Crowds of pedestrian shoppers watched in awe this week as cars—after more than a year away—somehow found their way back to Pike Place to spawn.
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Brian Tyler Cohen @briantylercohen.bsky.social · 03/10/2026
No notes
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rax ‘levon honkers’ king @raxkingisdead.bsky.social · 03/10/2026
occasionally a student asks how some canonical book can possibly apply to their own life and moving forward i’ll refer them to the moment in Ulysses where bloom wants to leave a restaurant without eating there so he pretends to look around and realize he’s in the wrong place instead of just leaving
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mtsw @mtsw.bsky.social · 02/10/2026
Paris Mayor Anne Hidalgo put her vision for the city like this: "A city where you can get let go of your child's hand"
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Hunter Walker @hunterw.bsky.social · 01/10/2026
If you think about how sports, IDs, kids medical care, and bathrooms ***already work*** basically none of this is a real issue.
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I Scare You Like Sound Dog @chadstanton.blacksky.app · 01/10/2026
See what happens when you get into the weeds about who is deserving vs. arguing that everyone should eat and have a roof over their head.
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Louis @louisevans.bsky.social · 30/09/2026
Skipped the Nazis, huh.
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Moira Donegan @moiradonegan.bsky.social · 30/09/2026
Thinking of that time after Biden got elected, when a VERY fancy lawyer and Dem strategist called me on the phone like, “Moira, everyone at my firm is mad that the Title IX rules are going to be stricter, because it will be bad for our university clients to have to punish rape.”
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Anjali Dayal @anjalikdayal.bsky.social · 30/09/2026
they should invent a cup of coffee that you can stick your whole face in and that you can summon from your seat when you most need it
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Nicholas Slayton @nslayton.bsky.social · 30/09/2026
The Trump administration is a strange mix of people most willing and eager to use EVERY lever of power at their disposal in the system but also deeply bad at actually doing work. The machinery grinds on despite ineptitude because the power of the machine is that big and also rarely used.
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Coach Finstock @coachfinstock.bsky.social · 30/09/2026
This is the thing about AI that I love so much. Think of all the morons you know (many on this site!) using and swearing by this tech that can change the output depending on who is controlling the AI. And those dumbasses still believe it should be used for anything regarding data!
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Micah @rincewind.run · 30/09/2026
he's bored and angry and all he wants to do is stand in front of a crowd of people cheering for him that's why he did the midterm convention, that's why he's doing this, and he's well beyond giving a shit how it affects any other republican candidate I love that for all of them
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Greg Sargent @gregsargent.bsky.social · 30/09/2026
The other day, Talarico leaned hard into the case for immigration as a positive good for our country in a way you rarely hear from Dems. He has a real theory of the case: Trump's cruelty and barbarism have opened space for new moral arguments, a new consensus. 2/ newrepublic.com/article/2160...
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Kate Hagen's House of Horrors 👻 @thathagengrrl.bsky.social · 30/09/2026
"Meanwhile, Jane Doe dropped out of Cornell and was denied her request to get her tuition refunded so that she could transfer to a different college. She hence faced more severe consequences than most of the men who she alleges gang-raped her." www.thecut.com/article/what...
thecut.com
What It Feels Like at Cornell Right Now
As a professor at the Ivy League school, Kate Manne has known many, many victims. There’s a palpable feeling on campus, she writes, that this is big.
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gravewalker @grovewalker.bsky.social · 29/09/2026
photo of werner herzog with a speech bubble added so that it looks like he is saying the quoted post
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Greg Shill @gregshill.com · 28/09/2026
Notably, travel times also did not increase outside the congestion zone. This mirrors what we have seen in other aggregate congestion pricing impacts. For example, it was predicted that drivers would change their routes to avoid the zone, creating new congestion; this, too, did not happen.
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Oh The Urbanity! @ohtheurbanity.bsky.social · 28/09/2026
One weird trick to solve traffic congestion (price it).
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elias isquith @eliasisquith.blog · 28/09/2026
everyone is so sure the story about the senate candidate being mean to her staff is bad for her but there's a senator who ran for president and went viral for being very mean to her staff and she's about to become governor with saddam numbers
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Rebecca Watson @skepchick.org · 27/09/2026
From experience, it's because an 9th grade algebra teacher required someone to buy it
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Scott Stein @sstein.bsky.social · 26/09/2026
"This'll teach that life insurance company! Taking my premium for years and never paying up! I'll show them!"
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mtsw @mtsw.bsky.social · 26/09/2026
i don't care what the official unemployment rate is, no one has viral discussions about "what totally innocuous thing at a job interview will cause the hirer to irrationally reject your candidacy" in a strong labor market
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Anat Shenker-Osorio @anatosaurus.bsky.social · 26/09/2026
"Democrats suck so vote for me. I am a Democrat and I approve this message."
Line graph of "How candidates talk about their own party in ads" for ads run in House, Senate and statewide elections between Aug. 24 to Sept 22 of each election year 2018-2026. Graph show sharp increase in Dems speaking negatively about Dems in ads and attendant decline in speaking positively in 2024. GOP has much less pronounced increase in positive and decline in negative from 2024-2026.
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Sara Straw @oneoneder.bsky.social · 24/09/2026
Jokes on the right-wingers, Adam Smith is one of our guys
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Second Ave. Sagas @2avesag.as · 22/09/2026
The astroturf neighborhood advocacy group that torpedoed part of Vanderbilt Open Streets is currently defending the Nazi comparison to me in Instagram comments, if you'd like to know how this is going. bsky.app/profile/2ave...
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Scott Horton @robertscotthorton.bsky.social · 22/09/2026
NYT has now independently corroborated all the major allegations against Susan Collins in the ProPublica report, including that investigators were prepared to move against her and then Trump intervened to shut it down. This put Trump in a position of exceptional and extortionate leverage over her.
nytimes.com
F.B.I. Shut Down Inquiry Into Top Ally of Senator Susan Collins
The inquiry was closed last year because senior bureau officials questioned the veracity of a campaign donor’s account, according to current and former officials.
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Micah @rincewind.run · 22/09/2026
fundamentally trump just thinks mamdani is neat and wants to hang out with him, which is maybe the only thing he has in common with the people of bluesky
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Headquarters @headquartersnews.bsky.social · 22/09/2026
Here is the check that Susan Collins' PAC got from a defense contractor's shell company in exchange for millions of dollars in government contracts
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Doug Gordon @brooklynspoke.bsky.social · 21/09/2026
Yes, have respect for people and cultures that came before you and that are still here. Don't be an asshole. Contribute to your community. Be a good neighbor. But "I've lived here for X years and therefore I am more authentically of this place" is not a competition anyone can win.
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Doug Gordon @brooklynspoke.bsky.social · 21/09/2026
As Groucho Marx said, "Age is not a particularly interesting subject. Anyone can get old. All you have to do is live long enough." That's sort of how I feel about the transplant discourse.
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The Onion @theonion.com · 21/09/2026
JD Vance Booed  By Own Reflection  In Mirror theonion.com/jd-vance-booed-by-own-…
JD Vance Booed  By Own Reflection  In Mirror
Image Calls VP ‘Loser’ Right To His Face
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Peter @notalawyer.bsky.social · 21/09/2026
“transplant” discourse is great because you get to see how easily people can swaddle their insular, reactionary beliefs with left-coded language
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Coach Finstock @coachfinstock.bsky.social · 10/06/2024
Cable companies in 2025 to cord cutters
So you come crawling back you cheap sack of shit
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William Skudlarek @willskud.bsky.social · 20/09/2026
TIL For 25 yrs, HUD used urban renewal grant funding to effectively force 4k+ localities to adopt model building codes and drop expensive local req'ts in the process. It ended in 1974 after Congress revoked HUD's authority b/c Chicago refused to comply. babel.hathitrust.org/cgi/pt?id=ui...
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ArtButMakeItSports @artbutmakeitsports.bsky.social · 20/09/2026
Crucible (rotated), by Louis Silverstein, 1987, 📸 by Tim Warner
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Sean T. Collins @seantcollins.com · 20/09/2026
I would guess the most concrete result of biological Republicanism among Democratic candidates is that their transphobia turns off the spigot of out-of-state progressive donors. But hey, maybe that's a worthwhile trade in exchange for absolutely nothing.
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Olúfẹ́mi O. Táíwò @olufemiotaiwo.bsky.social · 19/09/2026
sometimes I like to remember studying political science and reading about about international relations and state behavior analyzed with the Rational Actor Model
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Ian Miles Schlong @tedcruznipples.com · 18/09/2026
This rocks. Just harass these people. Make their lives suck. They deserve it all, and more.
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