Discover and read the best of Twitter Threads about #economics

Most recents (24)

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

While these policies were intended to stimulate the economy, they’ve also had significant implications for wealth inequality in the United States. #economics #inequality
2/7 💵 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 🏦 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
🦎 Ouverture des 13èmes Journées Thématiques #FAERE « #Villes & #Environnement » 

💬 Discours d’accueil de M. Ben Salem et J. Lochard, directrices du laboratoire #ERUDITE.

➡️Présentation des activités de la #FAERE

📆 1er et 2 juin
📍 La Centrif’ - Cité Descartes

#JT_FAERE ImageImageImage
🦎Première session de présentations avec un ensemble de trois travaux orientés « #énergie »

#JT_FAERE #Ville #Cities #Environment #Environnement #Economics #Economie ImageImageImage
Read 26 tweets
1/10: Just listened to an episode of @99piorg about Balikbayan boxes. These are large boxes filled with goods that Filipinos living abroad send back home.

My wife and I send these boxes frequently. It's a fascinating blend of economics and culture.
2/10: The Balikbayan box system is a testament to the power of remittances. Filipinos abroad send an estimated $33 billion back home annually. That's about 10% of the Philippines' GDP.

3/10: The economic impact of these boxes is profound. They're filled with goods that are often cheaper or unavailable in the Philippines, but also with stuff that just help make families feel connected.
Read 12 tweets
Today, many startup founders wonder how to write a great blurb for their firms. Well, it's not rocket science, but effort has to be there! A twitter thread...

#startups #blurb #intro #pitch #gist #economics #business #finance #investment Image
A great blurb always helps startup owners effectively introduce their products & services to their target audience. Besides increasing the sales, a short yet crispy blurb can also attract investors for startup funding. It can be a tool to attract the best talents, too. #HR #IT
Your startup blurb should be different for different purposes, but here’s what a great blurb should consist of:

-A pitch within 25 words.
-Use bullet points to highlight relevant stuff.
-Additional context
Read 11 tweets
Tack @Kvalitetsaktie för er ovärderliga utbildning och inspiration. Satt i helgen lyssnade, antecknade & njöt när ni diskuterade er filosofi (avs 108), världsklass! Tänkte dela med mig av en summering av KAP-filosofin. OBS: är en glad amatör så res för div fel & misstolkningar Image
KAP citat #1

"The basic ideas of investing are to look at stocks as business, use the market's fluctuations to your advantage, and seek a margin of safety. That's what Ben Graham taught us. A hundred years from now, they will still be the cornerstones of investing," /Buffett Image
Marknaden är på kort sikt irrationell men rationell på lång. Detta använder man till sin fördel och utnyttjar felprissättningar. Sen tillkommer trender, flockbeteende och indexvikt. "Vem vill du helst sälja dina aktier till, en indexfond som automatiskt viktar upp eller Ola?" Image
Read 25 tweets
Excellent talk by Simon Sharpe @INETOxford just now, pointing out how the #climate crisis challenges economic #orthodoxy in several ways. Spoiler 🔥"Economics as a discipline has forgotten what the scientific method is" (@camjhep pointing to #heterodox ideas in defense)🧵
💡The premise: To meet our #climate goals, we need to reduce emissions globally by about 8% per year by 2030, as compared to the 1,5% p.a. achieved so far - hence the title of his book #FiveTimesFaster
1⃣ An #economy going through the rapid and far-reaching systems #transition this requires (acc. to @IPCC_CH) cannot be analysed in terms of #equilibrium, a sitation in which "nobody has any immediate reason to change their actions" according to the Oxford Dictionary of Economics. Image
Read 9 tweets
1/9: Monetary policy shapes a country's economic landscape. It involves central banks managing money supply, interest rates, and inflation. A sound policy ensures financial stability, economic growth, and stable inflation. #Crypto Image
2/9: Objectives of monetary policy typically focus on price stability, maintaining low and stable inflation rates. This is crucial for promoting economic growth and consumer confidence. High inflation erodes purchasing power, while deflation leads to decreased spending.
3/9: Another objective is full employment, where everyone who wants to work can find a job. Unemployment can cause social and economic problems. Monetary policy helps address these issues by stimulating job creation and growth. #EconomicGrowth
Read 9 tweets
if Taraba makes good use of its arable land to make 10% of what the Netherlands does from agriculture alone, it would multiply its revenue by almost 20X
#Middelbelt #Economics
The country has a lot of
uranium, gold, iron ore,
coal, bitumen, baryte,
lead–zinc, limestone, copper, lithium,
& many other minerals and metals that are unexploited
(Officially ?👀 )
States must play a prominent role and look to have interstate partnerships that improve the quality of information gathering, analysis, and investment.

Read 6 tweets
When students of statistics are introduced to creating and interpreting models, they are introduced to George Box's maxim:

*All models are wrong, some are useful.*

It's a call for humility and perspective, a reminder to superimpose the messy world on your clean lines. 1/ A Tron-like plane of glowing grid-squares. Two spherical cow
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on, my surveillance-free, ad-free, tracker-free blog:… 2/
Even with this benediction, modeling is forever prone to the cardinal sin of insisting that complex reality can be reduced to "a perfectly spherical cow of uniform density on a frictionless plane." 3/
Read 67 tweets
[1/🧵] A short synopsis of Joachim Nagel's most recent speech on the future of #economic and #monetary union, presented and released by @OMFIF (@OMFIFDMI). 👇

[2/7] Joachim Nagel, a member of the @bundesbank's Executive Board, discusses:
🔸 #Inflation
🔸 #Monetary policy
🔸 #Fiscal development, ...

... among other topics.
[3/7] According to Nagel, the ongoing #energy #crisis in #Ukraine has resulted in:
🔸 Greater #inflation
🔸 Higher #energy prices ...

... influencing:
🔸 #Industrial costs
🔸 #Financial insecurity.
Read 8 tweets
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:

🧵1/ As #AI drives the cost of knowledge & physical work towards 0, we'll see widespread adoption across industries. 💼🤖 Massive layoffs won't mean a loss in productivity—instead, we'll witness an……
🧵1/ 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

Read 4 tweets
This is a threaded version of Chapter 22:

“Better Off Than Fifty Years Ago?

“Rules Made to Benefit the Wealthy Are Now More Important Than Life”

of *Culture War, Class War 2022: Truth & Generations

by Michael Adzema

THREAD… #history #Blue

CW22 22/1
“[*Chapter 22 text begins:*] So these days you have the attitude, “A dollar laid is a dollar played”; people’s suffering is irrelevant to the game.”

THREAD #history #Blue #economics #Reagan #80s #politics #resist #Republicans #Reaganomics #60s

CW22 22/2
“*Foolin’ the People About History*

“*Obvious “Truths”:*

“*Reagan “saved” America.* [untrue truism]

“*Reagan rescued Americans from an oppressive tax burden.* [untrue truism]

READ/DWL BOOK...… #history #Blue #economics #Reagan #80s #politics

CW22 22/3
Read 139 tweets
#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.…
#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
Read 38 tweets
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 🧵 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
Read 19 tweets
Robert Louis Stevenson’s #shortstory “The Bottle Imp” was first published (in English) #OTD, 8 Feb 1891, in the New York Herald. It was originally published in #Samoan translation as “O le Fagu Aitu” in the missionary magazine O le sulu Samoa (The Samoan Torch)

A 👿🧵 …
Interesting for all sorts of reasons—a #Hawaiian protagonist, a strong female character—“The Bottle Imp” is wonderfully elegant, & moves like a Swiss watch. It also contains a paradox, which arguably undermines Rational Choice Theory in #economics
📷William Hatherell, 1905
Stevenson’s “The Bottle Imp” has inspired a number of spinoffs, from the 2016 opera THE DEVIL INSIDE, by @stuart_macrae & @louisewelsh00
Read 9 tweets
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.
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.
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.
Read 33 tweets
Let's learn a few things about Behavioral Economics and Behavioral Science


#EconTwitter #AcademicTwitter #phdlife @PhDVoice #economics

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.

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.

Read 9 tweets
Got questions about how I trade?
Who I am and how I started?
Or what resources I recommend to learn trading?

🧵Check this thread before you ask questions or DM me 👇

⚠️I never DM first
⚠️Beware of imposters
⚠️I do not manage anyone's money
⚠️I 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
Read 13 tweets
This thread is

Ch 5, titled,

“The Prenatal Matrix of “Human Nature”:

“Third Trimester Experience Configures Our “Evil”...

“the Roots of War, Bigotry, Pollution, & Our “Oliver Twist” Economies”

of “Dance of the 7 Veils I”

by Michael Adzema…

D7V1 5/1
“Dance of the Seven Veils I” by Michael Adzema

is subtitled,

“Primal/Identity Psychology, Mythology, & Your Real Self

“Adult to Toddler, Veils One-Three”

Which is Volume 2 in The Path of Ecstasy Series

READ BOOK… #psychology #OriginsOfEvil

D7V1 5/2
“[*Quotes/highlights:*] “…there are other important characteristics of this time which affect us for life. I have detailed four, in particular.”” []

READ/DWL BOOK…… #psychology #prenatal #OriginsOfEvil #primal #consciousness #HumanNature #PMEs

D7V1 5/3
Read 194 tweets
.@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 “twin deficit”, 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 they’re couched in a language that makes no sense to people who don’t speak it."
Read 3 tweets
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:… 1/ The old woman in the shoe. ...
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on, my surveillance-free, ad-free, tracker-free blog:… 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/
Read 29 tweets
@PwC @PwCUS just released their 2023 Annual Global CEO Survey — 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"... 🧵/👇🏼

#macro #Stockmarket #DataAnalytics
1/🧵 "Roughly 40% flagged the transition to new energy sources and supply chain disruption." @PwC @PwCUS

#macro #Stockmarket #DataAnalytics #commodities #supplychainmanagement #tech
2/🧵 "#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
Read 11 tweets
(1/11) Is #Blockchain an enabler for sustainable future? Fasten your seatbelts as we’re all set to embark on a deep topic voyage. 🧵 Read more at:… Image
(2/11) 💻 #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. 🔐
(3/11) 💡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
Read 11 tweets

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