Discover and read the best of Twitter Threads about #economics
Most recents (24)
We're about to enter a new chapter of capitalism. Where we eliminate labour from the productivity equation. GDP will not be tethered to labour, meaning it will become unbounded. It's gonna get weird fast.
For those looking for more details, I've compiled some thoughts here with my AI:
š§µ1/ As #AI drives the cost of knowledge & physical work towards 0, we'll see widespread adoption across industries. š¼š¤ Massive layoffs won't mean a loss in productivityāinstead, we'll witness anā¦ twitter.com/i/web/status/1ā¦
š§µ1/ As #AI drives the cost of knowledge & physical work towards 0, we'll see widespread adoption across industries. š¼š¤ Massive layoffs won't mean a loss in productivityāinstead, we'll witness anā¦ twitter.com/i/web/status/1ā¦
š§µ1/ As #AI transforms labor markets & drives productivity, it's essential to understand how this may challenge the traditional notions of GDP & capitalism. Let's explore the implications with a balanced view, referencing key economic principles. #Economics #GDP #Capitalism
š2/ā¦ twitter.com/i/web/status/1ā¦
š2/ā¦ twitter.com/i/web/status/1ā¦
This is a threaded version of Chapter 22:
āBetter Off Than Fifty Years Ago?
āRules Made to Benefit the Wealthy Are Now More Important Than Lifeā
of *Culture War, Class War 2022: Truth & Generations
by Michael Adzema
THREAD sillymickel.blogspot.com/2017/10/culturā¦ #history #Blue
CW22 22/1
āBetter Off Than Fifty Years Ago?
āRules Made to Benefit the Wealthy Are Now More Important Than Lifeā
of *Culture War, Class War 2022: Truth & Generations
by Michael Adzema
THREAD sillymickel.blogspot.com/2017/10/culturā¦ #history #Blue
CW22 22/1
ā[*Chapter 22 text begins:*] So these days you have the attitude, āA dollar laid is a dollar playedā; peopleās suffering is irrelevant to the game.ā
THREAD wp.me/p1C4cs-2HP #history #Blue #economics #Reagan #80s #politics #resist #Republicans #Reaganomics #60s
CW22 22/2
THREAD wp.me/p1C4cs-2HP #history #Blue #economics #Reagan #80s #politics #resist #Republicans #Reaganomics #60s
CW22 22/2
ā*Foolinā the People About History*
ā*Obvious āTruthsā:*
ā*Reagan āsavedā America.* [untrue truism]
ā*Reagan rescued Americans from an oppressive tax burden.* [untrue truism]
READ/DWL BOOK... drive.google.com/file/d/1ySbhcOā¦ #history #Blue #economics #Reagan #80s #politics
CW22 22/3
ā*Obvious āTruthsā:*
ā*Reagan āsavedā America.* [untrue truism]
ā*Reagan rescued Americans from an oppressive tax burden.* [untrue truism]
READ/DWL BOOK... drive.google.com/file/d/1ySbhcOā¦ #history #Blue #economics #Reagan #80s #politics
CW22 22/3
#Biden in #Kyiv: Why didn't Russia strike a decapitating blow? | Yesterday, 19:59
- Contrary to previous statements, the main overlord of the Kyiv regime, Joe Biden, came to Kyiv on a visit.
en.topcor.ru/32336-bajden-vā¦
- Contrary to previous statements, the main overlord of the Kyiv regime, Joe Biden, came to Kyiv on a visit.
en.topcor.ru/32336-bajden-vā¦
#Biden Speech LIVE: US President Lands In War-Zone Ukraine | Zelenskyy, Biden Walk Together In #Kyiv
Thread | 20 tweets
#US planned the #war and the #EnergyCrisis in #Europe | Sep 13
#Pressure Mysteriously Plunges in #NordStream1&2 | Sep 27, 2023
#Poroshenko #Minsk was merely a distraction intended to buy #time for #Kiev to #rebuild its #military | Jun 17
#US planned the #war and the #EnergyCrisis in #Europe | Sep 13
#Pressure Mysteriously Plunges in #NordStream1&2 | Sep 27, 2023
#Poroshenko #Minsk was merely a distraction intended to buy #time for #Kiev to #rebuild its #military | Jun 17
If you want to better educate yourself on banking, money, economics, and payments, I highly recommend watching the documentaries below.
#banking #money payments #economy #economics #cryptcorrency
A š§µ on the best-related documentaries...
Four Part Series. This is Part I.
#banking #money payments #economy #economics #cryptcorrency
A š§µ on the best-related documentaries...
Four Part Series. This is Part I.
97% Owned - Economic Truth documentary - How is Money Created
How The Economic Machine Works by Ray Dalio
Robert Louis Stevensonās #shortstory āThe Bottle Impā was first published (in English) #OTD, 8 Feb 1891, in the New York Herald. It was originally published in #Samoan translation as āO le Fagu Aituā in the missionary magazine O le sulu Samoa (The Samoan Torch)
A šæš§µ ā¦
1/8
A šæš§µ ā¦
1/8
Interesting for all sorts of reasonsāa #Hawaiian protagonist, a strong female characterāāThe Bottle Impā is wonderfully elegant, & moves like a Swiss watch. It also contains a paradox, which arguably undermines Rational Choice Theory in #economics
2/8
š·William Hatherell, 1905
2/8
š·William Hatherell, 1905
Stevensonās āThe Bottle Impā has inspired a number of spinoffs, from the 2016 opera THE DEVIL INSIDE, by @stuart_macrae & @louisewelsh00 ā¦
3/8
theguardian.com/music/2016/janā¦
3/8
theguardian.com/music/2016/janā¦
1/ Allow me to share a simple spiel with my economist friends about digital currency.
I'll preface this very carefully. A lot of economists love numbers and systems, naturally. Sadly, most of the economists I met analyse things through the lense of the current system.
#economics
I'll preface this very carefully. A lot of economists love numbers and systems, naturally. Sadly, most of the economists I met analyse things through the lense of the current system.
#economics
2/ Meaning that they will analyse things under the assumption that the underlying framework and mechanisms are the same.
That's fine 99.9% of the time and over time, specialization will do this.
Alas, we are in a time where the framework will be radically changed.
That's fine 99.9% of the time and over time, specialization will do this.
Alas, we are in a time where the framework will be radically changed.
3/ Therefore I ask of you, if you want to play along, to consider things under a principalled or fundamental lense. In essence, what new rules a new framework would entail and then start juggling with these.
Let's learn a few things about Behavioral Economics and Behavioral Science
š§µ
#EconTwitter #AcademicTwitter #phdlife @PhDVoice #economics
(1/9)
š§µ
#EconTwitter #AcademicTwitter #phdlife @PhDVoice #economics
(1/9)
Behavioral Economics focuses on how behavior affects economic decisions and outcomes, while Behavioral Science focuses on the study of behavior more broadly and its influences across multiple domains.
While they are related, they differ in their scope and focus.
(2/9)
While they are related, they differ in their scope and focus.
(2/9)
Behavioral economics (BE) emerged as a response to the traditional assumption that people are perfectly rational and make decisions based solely on self-interest. It recognized that people's decisions are often influenced by factors such as framing, heuristics, and biases.
(3/9)
(3/9)
Got questions about how I trade?
Who I am and how I started?
Or what resources I recommend to learn trading?
š§µCheck this thread before you ask questions or DM me š
Also:
ā ļøI never DM first
ā ļøBeware of imposters
ā ļøI do not manage anyone's money
ā ļøI am not selling anything
Who I am and how I started?
Or what resources I recommend to learn trading?
š§µCheck this thread before you ask questions or DM me š
Also:
ā ļøI never DM first
ā ļøBeware of imposters
ā ļøI do not manage anyone's money
ā ļøI am not selling anything
Frequently used abbreviations in my tweets:
About my trading:
- I am a full time trader trading the US stock markets
- I traded part time for 10 years from 2011-2021 while studying #Economics at the @UChicago
- I have been trading full time since 2 years after graduating from my #PhD at @Yale
- I am a full time trader trading the US stock markets
- I traded part time for 10 years from 2011-2021 while studying #Economics at the @UChicago
- I have been trading full time since 2 years after graduating from my #PhD at @Yale
This thread is
Ch 5, titled,
āThe Prenatal Matrix of āHuman Natureā:
āThird Trimester Experience Configures Our āEvilā...
āthe Roots of War, Bigotry, Pollution, & Our āOliver Twistā Economiesā
of āDance of the 7 Veils Iā
by Michael Adzema
sillymickel.blogspot.com/2022/11/dance-ā¦
D7V1 5/1
Ch 5, titled,
āThe Prenatal Matrix of āHuman Natureā:
āThird Trimester Experience Configures Our āEvilā...
āthe Roots of War, Bigotry, Pollution, & Our āOliver Twistā Economiesā
of āDance of the 7 Veils Iā
by Michael Adzema
sillymickel.blogspot.com/2022/11/dance-ā¦
D7V1 5/1
āDance of the Seven Veils Iā by Michael Adzema
is subtitled,
āPrimal/Identity Psychology, Mythology, & Your Real Self
āAdult to Toddler, Veils One-Threeā
Which is Volume 2 in The Path of Ecstasy Series
READ BOOKā¦ wp.me/pwJJl-1bZ #psychology #OriginsOfEvil
D7V1 5/2
is subtitled,
āPrimal/Identity Psychology, Mythology, & Your Real Self
āAdult to Toddler, Veils One-Threeā
Which is Volume 2 in The Path of Ecstasy Series
READ BOOKā¦ wp.me/pwJJl-1bZ #psychology #OriginsOfEvil
D7V1 5/2
ā[*Quotes/highlights:*] āā¦there are other important characteristics of this time which affect us for life. I have detailed four, in particular.āā []
READ/DWL BOOKā¦ drive.google.com/file/d/1poVJ7Iā¦ #psychology #prenatal #OriginsOfEvil #primal #consciousness #HumanNature #PMEs
D7V1 5/3
READ/DWL BOOKā¦ drive.google.com/file/d/1poVJ7Iā¦ #psychology #prenatal #OriginsOfEvil #primal #consciousness #HumanNature #PMEs
D7V1 5/3
.@FT's @sarahoconnor_
I also think that making economics more understandable is a worthy endeavour, especially right now....Because the profession suffers from what Andy Haldane, former chief economist at the Bank of England, calls a ātwin deficitā, of understanding and of trust.
I also think that making economics more understandable is a worthy endeavour, especially right now....Because the profession suffers from what Andy Haldane, former chief economist at the Bank of England, calls a ātwin deficitā, of understanding and of trust.
@FT @sarahoconnor_ "In a UK survey in 2019, 40 per cent of respondents said it had become more difficult to understand economics."
"Part of this is a translation problem. Most economic concepts are not complicated, but theyāre couched in a language that makes no sense to people who donāt speak it."
"Part of this is a translation problem. Most economic concepts are not complicated, but theyāre couched in a language that makes no sense to people who donāt speak it."
@FT @sarahoconnor_ Here's the link to the article:
ft.com/content/e14d93ā¦
#economics #EconTwitter #economy #economists
ft.com/content/e14d93ā¦
#economics #EconTwitter #economy #economists
You can be forgiven for thinking the Great #Inflation Story is how a pandemic, a senseless war, and #monopolistic price-gouging temporarily drove up prices, prompting calls to crush workers and suppress wages in order to "reduce demand" for goods:
pluralistic.net/2022/12/14/medā¦ 1/
pluralistic.net/2022/12/14/medā¦ 1/
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
pluralistic.net/2023/01/18/wagā¦ 2/
pluralistic.net/2023/01/18/wagā¦ 2/
But for all the attention we gave to this transient inflation, there has been precious little alarm over the soaring inflation in #CareLabor - #daycare, #preschool, #NursingHomes and #MedicalServices. 3/
@PwC @PwCUS just released their 2023 Annual Global CEO Survey ā here's a thread of the top takeaways from the survey, including the fact that "40% of CEO's don't think their companies will be 'economically viable' in the next 10yrs"... š§µ/šš¼
#macro #Stockmarket #DataAnalytics
#macro #Stockmarket #DataAnalytics
1/š§µ "Roughly 40% flagged the transition to new energy sources and supply chain disruption." @PwC @PwCUS
#macro #Stockmarket #DataAnalytics #commodities #supplychainmanagement #tech
#macro #Stockmarket #DataAnalytics #commodities #supplychainmanagement #tech
2/š§µ "#inflation and #macroeconomic volatility stand out more prominently than other key threats in the next 12 months than over the next five years." @PwC @PwCUS
#macro #Stockmarket #DataAnalytics #commodities #supplychainmanagement #tech #CPI
#macro #Stockmarket #DataAnalytics #commodities #supplychainmanagement #tech #CPI
(1/11) Is #Blockchain an enabler for sustainable future? Fasten your seatbelts as weāre all set to embark on a deep topic voyage. š§µ Read more at:
medium.com/zignaly/llts72ā¦
medium.com/zignaly/llts72ā¦
(2/11) š» #Blockchain is a shared #ledger or repository that computer #subnets may access. It is similar to a #database, but it is secure and #decentralized. #Cryptocurrency systems like #Bitcoin use blockchains to keep a secure and decentralized database of transactions. š
(3/11) š”Blockchain eliminates a #centralized command structure, allowing #data sharing among parties without needing a centralized system or administrator. It is #secure and #data can't be corrupted or destroyed by anyone with access to the main database. #FinancialTechnology
#McFadden #FederalReserve is a Private Institution, not a GOVERNMENTAL AGENCY
The #CentralBanks Control the Money System and Make Trillions in Interest on the FIAT they print out of thin air
Debt Based Money System With Fractional Reserve Lending of 10:1 is cancer to society.
The #CentralBanks Control the Money System and Make Trillions in Interest on the FIAT they print out of thin air
Debt Based Money System With Fractional Reserve Lending of 10:1 is cancer to society.
Net Cash Flow is an important metric many investors look at when researching companies.
But do you know that cash flows can be easily manipulated?
Let's see how:
#investing #finance #FinancialFreedom #Accounting
But do you know that cash flows can be easily manipulated?
Let's see how:
#investing #finance #FinancialFreedom #Accounting
The Cash Flow Statement is one of the three most important financial statements of a company.
The other two being P&L Statement and the Balance Sheet.
Balance Sheet shows us the assets and liabilities of the company and is very important to look at when analyzing cash flows.
The other two being P&L Statement and the Balance Sheet.
Balance Sheet shows us the assets and liabilities of the company and is very important to look at when analyzing cash flows.
Cash position of a company has an inverse relation with Assets and a direct relation with Liabilities.
For e.g., you BURN cash to acquire an Asset. So when Assets increase, the cash position DECREASES.
On the corollary, an increase in Liabilities INCREASES the cash position.
For e.g., you BURN cash to acquire an Asset. So when Assets increase, the cash position DECREASES.
On the corollary, an increase in Liabilities INCREASES the cash position.
If you are attempting #Prelims2023, follow the hashtag - #PrelimsWithDrishtiIAS - for daily updates!
#200PinsForPrelims #UPSC #UPSC2023 #IAS #CSE #GDP #GST #India #Economy #Tax #Taxes #Market #Globalisation #IndianEconomy #GeneralStudies #Economics #DrishtiIAS #DrishtiIASEnglish
#200PinsForPrelims #UPSC #UPSC2023 #IAS #CSE #GDP #GST #India #Economy #Tax #Taxes #Market #Globalisation #IndianEconomy #GeneralStudies #Economics #DrishtiIAS #DrishtiIASEnglish
The Correct answer is (D)
(1/3) A corporate tax is a tax levied on the profits of a company/firm, and is paid on a companyās taxable income. Corporate taxes are collected by the government as a source of income.
(1/3) A corporate tax is a tax levied on the profits of a company/firm, and is paid on a companyās taxable income. Corporate taxes are collected by the government as a source of income.
(2/3)These taxes are based on taxable income, after expenses have been deducted.
Corporation Tax is an appropriation out of profits from business, interest on securities and dividends of the company.
Corporation Tax is an appropriation out of profits from business, interest on securities and dividends of the company.
This mornings rant is about #paidfamilyleave in Colorado & how #voters overwhelmingly passed FAMLI
[& employers can now register for COās new program finally; employees max 12 weeks of paid leave a yr + 4 additional wks for #pregnancy or #childbirth complications]
#copolitics
[& employers can now register for COās new program finally; employees max 12 weeks of paid leave a yr + 4 additional wks for #pregnancy or #childbirth complications]
#copolitics
Letās get 1st thing straight - this š§µ is no insight into the near 15 yrs #advocates fought for #paidfamilyleave at the CO state Capitol before #voters passed it on the #ballot
I, like many folks - came into the advocacy for #FAMLI yrs after lots of fight. Grateful to have it
I, like many folks - came into the advocacy for #FAMLI yrs after lots of fight. Grateful to have it
Many of us worked on the #ballotmeasure in 2020 & #voters approved the program by 57% of the vote āØ the amount of barriers set in place to #advocate for #paidfamilyleave & #pass it & then #implement it - have been eye opening š to say the least. #copilitics
Why have #schoolvouchers programs persisted and expanded despite a more lopsided base of objective evidence against them than nearly any other current #edpolicy #education initiative?
A few reasons š§µšŖ”
1/
A few reasons š§µšŖ”
1/
First is that today #schoolvouchers activists are directly part of the larger #trump-style revanchist and anti-democratic turn in American politics since Obamaās second term.
Politically their success is intertwined.
2/
Politically their success is intertwined.
2/
But as a policy matter too we see #schoolvouchers linger around even as #education research has tried to place itself in an #evidencebased position to inform policy.
If evidence were all that informed #edpolicy then vouchers would have been dead a decade ago.
3/
If evidence were all that informed #edpolicy then vouchers would have been dead a decade ago.
3/
Chapter 21 is titled
āThe Great American About Face:
āThere Was a Time When Kindness Was a Noble Thing; Nightmare Apparentā
of *Culture War, Class War 2022: Truth & Generations*
by Michael Adzema
THREADā¦ sillymickel.blogspot.com/2017/10/culturā¦ #Blue #compassion #MeanSpiritedness
CW22 21/1
āThe Great American About Face:
āThere Was a Time When Kindness Was a Noble Thing; Nightmare Apparentā
of *Culture War, Class War 2022: Truth & Generations*
by Michael Adzema
THREADā¦ sillymickel.blogspot.com/2017/10/culturā¦ #Blue #compassion #MeanSpiritedness
CW22 21/1
ā[*Chapter 21 text begins:*] āYou donāt know what Iām getting at. But this is the indicator of the gradual change in our country that would be missed by those younger than myself.ā
THREADā¦ wp.me/p1C4cs-2HP #Blue #compassion #MeanSpiritedness #FBR #Republicans
CW22 21/2
THREADā¦ wp.me/p1C4cs-2HP #Blue #compassion #MeanSpiritedness #FBR #Republicans
CW22 21/2
āI only see this glaring discrepancy because of having lived many years in an America whose values were different, and who thought differently, more compassionately than today.ā
READ/DWL BOOK... drive.google.com/file/d/1ySbhcOā¦ #FBR #compassion #Blue #MeanSpiritedness #resist
CW22 21/3
READ/DWL BOOK... drive.google.com/file/d/1ySbhcOā¦ #FBR #compassion #Blue #MeanSpiritedness #resist
CW22 21/3
If you want to better educate yourself on banking, money, economics, and payments, I highly recommend watching the documentaries below.
#banking #money payments #economy #economics #cryptcorrency
A š§µ on the best-related documentaries...
Four Part Series. This is Part I.
#banking #money payments #economy #economics #cryptcorrency
A š§µ on the best-related documentaries...
Four Part Series. This is Part I.
97% Owned - Economic Truth documentary - How is Money Created
How The Economic Machine Works by Ray Dalio
"The 21st Century Question: Emergently Engineering the Future"
Follow this š§µ today and tomorrow for highlights from our 2022 #AppliedComplexity Network and Board of Trustees Symposium:
santafe.edu/events/annual-ā¦
#Web3 #Cities #Polarization #EmergentEngineering #Decentralization
Follow this š§µ today and tomorrow for highlights from our 2022 #AppliedComplexity Network and Board of Trustees Symposium:
santafe.edu/events/annual-ā¦
#Web3 #Cities #Polarization #EmergentEngineering #Decentralization
We start with a talk by SFI President David Krakauer:
"Would anyone care to guess why we're so GOOD at building transistors and so CRAP at designing drugs?"
"This thing [points to transistor] lives in a centralized system. This thing [points to cancer drug] lives in US."
"Would anyone care to guess why we're so GOOD at building transistors and so CRAP at designing drugs?"
"This thing [points to transistor] lives in a centralized system. This thing [points to cancer drug] lives in US."
"I'm going to pick on economics, because we like to do that at SFI. 'Ooh, look at that cover! So techy. Global, heat maps...' But here's 'Networks' [in the textbook]. THAT'S IT. Here's '#ComplexityEconomics.' NOTHING."
Do you believe there are significant differences between #Economics and #Tokenomics of #web3?
Can we simply apply what we know from #Econ101 to tokens and become successful investors and buidlers?
We asked a Tokenomist to find out! š§µ š
Can we simply apply what we know from #Econ101 to tokens and become successful investors and buidlers?
We asked a Tokenomist to find out! š§µ š
#Economics is a social science that studies the production, distribution, and consumption of goods and services that focuses on the behavior and interactions of economic actors and how economies work. Economics is PREDICTIVE: Given rules, what outcome can one expect?
#Tokenomics is the study of token supply & demand dynamics, behavioral mechanisms, and incentive design. All characteristics are programmed and the outcomes can be observed transparently on-chain.
Tokenomics is DESIGN oriented: Given desired outcomes, what rules does one create?
Tokenomics is DESIGN oriented: Given desired outcomes, what rules does one create?
Chapter 22, titled, āBetter Off Than Fifty Years Ago?
āRules Made to Benefit the Wealthy Are Now More Important Than Lifeā
Quotes/Highlights THREAD
Fr *Culture War Class War 2022: Truth & Generations*
by Michael Adzema
(published 10/2022)
sillymickel.blogspot.com/2017/10/culturā¦
CW22Q 22/1
āRules Made to Benefit the Wealthy Are Now More Important Than Lifeā
Quotes/Highlights THREAD
Fr *Culture War Class War 2022: Truth & Generations*
by Michael Adzema
(published 10/2022)
sillymickel.blogspot.com/2017/10/culturā¦
CW22Q 22/1
Quotes/Highlights THREAD
Fr *Culture War Class War 2022:
*Truth & Generations*
by Michael Adzema
(available on website, as wells as a free pdf file, & on Amazon in print & ebook, as of Oct 2022)
READ &/or dwnld entire BOOK free AT SITE...
wp.me/p1C4cs-2HP
CW22Q 22/2
Fr *Culture War Class War 2022:
*Truth & Generations*
by Michael Adzema
(available on website, as wells as a free pdf file, & on Amazon in print & ebook, as of Oct 2022)
READ &/or dwnld entire BOOK free AT SITE...
wp.me/p1C4cs-2HP
CW22Q 22/2
ā[*Quotes/highlights:*] āā¦these days you have the attitude, āA dollar laid is a dollar playedā; peopleās suffering is irrelevant to the game.ā []
READ/DWL BOOK... drive.google.com/file/d/1ySbhcOā¦ #Blue #Midterms #ClassWar #resist #Republicans #taxes #FilthyRich #economics
CW22 22/3
READ/DWL BOOK... drive.google.com/file/d/1ySbhcOā¦ #Blue #Midterms #ClassWar #resist #Republicans #taxes #FilthyRich #economics
CW22 22/3
