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Supply essentialists, the people who tell us that simply building housing will solve our problems, are agnostic about power: who has it, who doesn’t, and how power sets the terms of the housing market. At best, naive. More likely, an intentional diversion to avoid regulation.

8/8. And we need a banking system that actually functions. It's astonishing how bad it has gotten, especially in rural places. "People can struggle to find easy and free access to their own cash," Rohit Chopra said in releasing the study. consumerfinance.gov/about-us/blog/…

A group of Amazon sellers filed a formal complaint relating to the funds seized from approximately 2,300 sellers by Amazon. This is the new Amazon playbook -- suspend small business seller accounts with no explanation and seize funds. tech.einnews.com/pr_news/735868…

The fight over rooftop solar has been amplified by utility executives eager to shift the conversation away from high rates and disconnections. I had a great time discussing how confront utility #monopoly power with Ken Cook on his podcast. podcasts.apple.com/us/podcast/pow…

📣 Guys, I’m thrilled to announce an upcoming Utah Project conference on October 11 that will focus on consumer protection issues in the financial services industry. Our keynote speaker this year is Rohit Chopra, Director of the CFPB! 1/5 law.utah.edu/event/from-ai-…

From me: Since Kamala Harris announced her priority of lowering costs in food & rent, the biggest merger of the year was proposed between food giants, a grocery merger challenge yielded admissions of price gouging, & DOJ indicted an algorithmic rent-fixer. prospect.org/economy/2024-0…

NEW: Last month, Mayor Eric Adams said that he brokered a deal between Uber & Lyft to end lockouts without any new regulations. But not only does this corporate giveaway not end the lockout crisis, it also violates federal & state antitrust law. Read our letter to the mayor here:

Harris repeats that she wants to keep the price of eggs stable and fair and the billionaire donors are rebelling says a lot about both market concentration and money in politics.

Nice of The Atlantic to re-up, in its Labor Day reads, this piece I did on Amazon's hidden profits earlier this year. If you missed it, it's still a good read, and relevant.

New research finds that the costs of expanding roads in urban areas are three times greater than its potential benefits bloomberg.com/news/articles/… via @citylab