Prof G Markets

Is Zohran Mamdani's Plan for New York Economically Possible? — ft. Bradley Tusk

448 snips
Nov 7, 2025
In this episode, Bradley Tusk, a venture capitalist and political strategist, explores the implications of Zohran Mamdani's election for New York's future. He discusses the risks of dogmatic governance and how it might affect wealthy residents. Tusk critiques ambitious policy proposals like government grocery stores and rent freezes while advocating for practical solutions to housing affordability. He also touches on AI's impact on jobs, the importance of effective messaging for Democrats, and the need for empathetic leadership to address inequality.
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ANECDOTE

Tusk's Campaign And VC Background

  • Bradley Tusk ran Mike Bloomberg's 2009 mayoral campaign and later founded Tusk Ventures.
  • He blends political strategy with venture investing, advising companies like Uber early on.
INSIGHT

Limits Of Mayoral Power

  • The mayor can't control macroeconomics like interest rates or supply chains.
  • His main job is delivering city services and governing pragmatically to keep the city functional.
INSIGHT

High Earners Fund City Services

  • Wealthy taxpayers disproportionately fund city services, so chasing them away reduces resources for the poor.
  • Policies that drive capital flight ultimately harm the poorest New Yorkers most.
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