Discover and read the best of Twitter Threads about #EconomicPolicy

Most recents (13)

1/7 šŸ“‰ The late 90s and 2000s were characterized by low interest rates and tax cuts.

While these policies were intended to stimulate the economy, theyā€™ve also had significant implications for wealth inequality in the United States. #economics #inequality
2/7 šŸ’µ Low interest rates make borrowing cheaper.

This can benefit wealthy individuals and corporations who have access to credit, enabling them to invest in businesses, real estate, and other assets that can generate wealth. #interestrates #wealthgap
3/7 šŸ¦ For ordinary Americans, however, low interest rates can mean reduced returns on savings.

With little to no growth on their savings, it becomes harder for the middle class to build wealth. #savings #middleclass
Read 8 tweets
1/5 Supply-side economicsšŸ’°claims that tax cuts for rich people and businesses spur growth. But is it that simple? Letā€™s delve into it. #EconomicPolicy #SupplySideEconomics Image
2/5 First up, tax cuts can boost income inequality. The rich get richer, while funding for public services, often benefiting the less affluent, takes a hit due to less government revenue šŸ’ø. #IncomeInequality šŸ“ˆ Image
3/5 Second, supply-side theory assumes companies will reinvest their extra cash to grow and create jobs šŸ‘·ā€ā™€ļøšŸ§‘ā€āœˆļø. But what if they use the funds for stock buybacks or increased executive pay instead? šŸ¤”šŸ’° #CorporateBehavior Image
Read 6 tweets
At the #EconomicPolicy panel meeting Roberto Perotti revisits the debate about Eurozone target balances and confirms that a default of target balances would be a real loss to the creditors, in particular Germany:
He suggests Target balances should be settled with a ā€šbreak up proofā€˜ asset. Question what that should realistically be. Other issue is whether Target balances matter if there is no Euro breakup. Yes if breakup scenario matters for outcome of continuation bargaining.
In the debate over the last years some people claimed Target balances were not relevant. Roberto Perottiā€˜s paper argues they are wrong: economic-policy.org/76th-economic-ā€¦
Read 3 tweets
Hi, everyone. As I slowly get up to speed on #socialmedia, I thought I'd take a moment to introduce myself: @Stanford Economics Professor, @SIEPR Director, @MIT & @Harvard alum, @NBER Research Associate, @WhiteHouseCEA alum, aspiring #marathoner, and #Boston sports fan.
On this channel, you can expect to hear some of my thoughts on #economicpolicy at the federal, state, and local level in the United States. My hope is to give those with an interest a deeper understanding of gov't policies through a nonpartisan, data-driven lens. #EconTwitter
Until my next post, I'll be training for the @HNLmarathon and hoping the @RedSox stay strong after the all-star break. Stay-tuned, enjoy the summer days, and talk soon!!
Read 3 tweets
Daily Bookmarks to GAVNetĀ 05/25/2021 greeneracresvaluenetwork.wordpress.com/2021/05/25/daiā€¦
Weā€™ll Innovate Our Way Out of the Climate Crisis or Die Trying

nymag.com/intelligencer/ā€¦

#ClimateChange #innovation #technology #consequences
Doing More by Doing Less: A Call to Rethink Philanthropy

nonprofitquarterly.org/doing-more-by-ā€¦

#philanthropy #impact #participation #grantmaking
Read 10 tweets
Daily Bookmarks to GAVNetĀ 03/09/2021 greeneracresvaluenetwork.wordpress.com/2021/03/09/daiā€¦
Scientists find evidence of mathematical structures in classic books | James Joyce | The Guardian

theguardian.com/books/2016/janā€¦

#fractal #joyce #evidence #books #structures
Read 10 tweets
Daily Bookmarks to GAVNetĀ 02/07/2021 greeneracresvaluenetwork.wordpress.com/2021/02/07/daiā€¦
TheĀ NextĀ Normal: HowĀ companiesĀ andĀ leadersĀ canĀ resetĀ forĀ growthĀ beyondĀ coronavirus

mckinsey.com/featured-insigā€¦

#COVID19 #PostPandemic #EconomicGrowth #NextNormal
Wuhan residents remember coronavirus 'whistleblower' doctor a year after his death

rappler.com/science/life-hā€¦

#wuhan #whistleblower #COVID19 #transparency
Read 8 tweets
A thread on my sense of the immediate #policypriorities for @JoeBiden & @KamalaHarris administration, to undo the most consequential damages wrought by the last 4 years. A journalistā€™s question forced me to think about #economicpolicy, so I thought I'd get your reactions. [1/9]
First, bring #COVID under control. Thereā€™s no lives vs livelihoods tradeoff. Economy will move only when the virus is contained. Rich people need to feel comfortable to go out, to spend money. They hold back due to fear of contracting COVID, not due to any #lockdown [2/9]
The strategies are simple: Lead by example to instill a sense of civic duty. Inspire citizens to wear masks and make small sacrifices to protect each other. Put the amazing US #publichealth talent in charge to develop robust testing, tracing [3/9] cnn.com/2020/11/03/afrā€¦
Read 9 tweets
I am humbled and privilleged to note that my #Research paper; "Sources of #Unemployment in #Lesotho" is now available and can be accessed via the People's Republic of #China's National #Science and #Technology #Library - #NSTL. I give thanks šŸ˜Ž Image
So far this year, I have successfully published three #Research articles in #Macroeconomics & #Finance, with another two in press. I am currently hammering away at a handful of working papers which will most certainly find a home in reputable #Journals, come 2021 šŸ™šŸ½šŸ™‚ Image
Im currently internalising the very insightful reviewer comments on my latest #Research paper titled; "Investigating Determinants of Commercial Bank Spreads in #Lesotho", from the good folks over at the globally reputable #International #Journal of #Finance & #Economics #IJFE šŸ˜Š ImageImage
Read 52 tweets
Much of #economicpolicy aims to 'fight' #unemployment. This is entirely unnecessary, because there is no such thing as lasting involuntary unemployment. This is unfortunately little understood today, but it is nevertheless a created problem. And since it is created, the solution
should be to remove the cause--not add countermeasures. That it is a created problem becomes obvious if we look at the basic market mechanisms. Labor is a means: it is effort, time, and expertise applied toward creating something that increases our wellbeing. Its value to us is
derived from the wellbeing it creates. If we are living like Robinson Crusoe on a deserted island, we might invest our labor to gather food and branches for a fire. Without this labor, we'd have neither. But it is not the labor itself that is wellbeing, because if Crusoe would
Read 18 tweets
Very cool special issue #OEconomia on how economists speak, debate, and persuade the general audience. Wide range of examples, and even more to come in Part II!
And letā€™s not forget about this great "Book reviews" section of the journal (coordinated by Jean Bacelli, @Cyril_Hedoin, @mvsbach and Magdalena Malecka and, from now on, @AGoutsmedt). In this issue :
1/ @RossEmmett's review of David Colander and Craig Freedmanā€™s ā€œWhere Economics Went Wrong: Chicagoā€™s Abandonment of Classical Liberalismā€ (@PrincetonUPress): journals.openedition.org/oeconomia/5412
Read 7 tweets
Benefits of market integration: new #EconomicPolicy study revisits the ā€˜cost of non-Europeā€™, including after #Brexit - Thierry Mayer @sciencespo @SZignago @VVicard economic-policy.org/wp-content/uplā€¦
The EUā€™s #SingleMarket has increased trade between members by 109% on average for goods & by 58% for tradable services; gains from integration are significantly larger for small open economies than for large EU members; Eastern Europe has been a major beneficiary, #EconomicPolicy
Beneficial effects of the EU are large & getting larger over time; EU is a vector of deep trade integration, going well beyond tariffs cuts; the trade impact of the Single Market is more than three times larger than the effects of a ā€˜regularā€™ regional agreement, #EconomicPolicy
Read 4 tweets

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