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Joseph, your guest essay on Persuasion substack really struck me. It is the best alternative tax proposition I have heard and it addresses the critical new problem of billionaires trying to buy up everything people need: Farmland, residential land, medicine, energy, water and, next stop: air!

But you made this reference to "the poison of populism". Nobody ever explains the problem with populism. What could "populism" mean except "democracy"? There is also a suggestion of the danger of elites in populism, which I personally think is totally reasonable. Ultimately isn't populism simply democracy that doesn't have the result that the user of the word "populism" would prefer?

Why do you refer to it as a poison?

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Wow, had no idea San Jose of all places was so behind.

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