Discover and read the best of Twitter Threads about #Microeconomics

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🧵 Sharing snippets and my reflections from the [[Book/The Almanack of Naval Ravikant]] by [[Author/Eric Jorgenson]].
🎬 Start Date: [[December 26th, 2021]]
🏁 Finish Date: [[December 27th, 2021]]
📚 Genre: #NonFiction #Wealth #Happiness #Accountability #Priorities
1/To be taken seriously in today’ world we will have to question everything, we have to think from first principles, test things well, and be good at not fooling yourself.
2/If you have nothing in your life, but you have at least one person that loves you unconditionally, it will do wonders for your self-esteem.
Read 60 tweets
Daily Bookmarks to GAVNet 05/30/2021 greeneracresvaluenetwork.wordpress.com/2021/05/30/dai…
Solar Storms Are Back, Threatening Power Grids and Satellites

bloomberg.com/news/articles/…

#SolarStorms #PowerGrids #satellites #consequences
As Covid dissipates in the U.S., cold and flu viruses may return with a vengeance

statnews.com/2021/05/27/as-…

#COVID19 #colds #flu #CaseCounts #estimates
Read 10 tweets
John Maynard #Keynes was born on June 5, 1883, and died too early. Here's a few thoughts on why I keep circling back to him, & why his work forces 2 rethink the way we do & teach #economics, esp. #micro. I am sure this (partial) thread will upset someone: apologies in advance. 1/
#Keynes understood that #macroeconomics is about emergent properties: aggregate outcomes that don't make sense 2 the individuals populating the economy. The logic, e.g., of the #IncomeExpenditure model is that an economy can coordinate along any point on the 45-degree line.. 2/
and that, accordingly, we should expect economies to operate with slack. Then you have the #ParadoxofThrift and all that. He also talked about the #ParadoxofCosts when he discusses redistribution to lower income people who have higher propensity to consume... 3/
Read 14 tweets

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