Discover and read the best of Twitter Threads about #keynesian

Most recents (5)

A select case of #Evolution and #Leftist Progression in the History of Economic Thought ->
From #Marxism to #Keynesian Economics to #MMT
#Complexity
Negative events will lead to negative outcomes :
#Bolshevik Revolution => #Intenational #Proletarianism & #Leninism
#Great #Depression -> #Keynesian Economics
#Chinese Cultural Revolution -> Gang of Four
#GFC -> Modern Monetary Theory #MMT
That is how to interpret history.
Anticipating #tippingpoint is the most essential thing a gifted leader has to his credit.
All non-linear events should be studied carefully by applying #physics in social sciences, such as #Chaos #Theory and Law of #Thermodynamics.
Yes, and #Murphy's #First Law might also help.
Read 6 tweets
Time for a 🧵 on two charts (at the end) that seem to tell an interesting #Bitcoin story.

For several yrs @CaitlinLong_ has openly discussed the potential negative impact of #rehypothecation of #bitcoin by banks, wall street, hedge funds & the broader #tradfi community.
@saylor has discussed and shown the need for sound money and the value that having a savings mechanism brings to the system.

@JeffBooth has shed light on the fact that #deflation isn’t such a bad thing when #technology is actually making our lives better and costs cheaper.
@saifedean taught the 🌏 the importance of time, effort, and energy & the value that living by the #Bitcoin Standard can bring to individuals and countries across the globe.

@FossGregfoss has done a phenomenal job helping to #educate on the benefits of owning #volatile #assets.
Read 24 tweets
#Lockdown is critical for slowing the spread of #COVID19, and India has displayed firm resolve in enforcing it.

Massive labour churn; CMIE Data indicates that 120 million people have lost their jobs. We will need strong Govt action to revive the Economy.
theprint.in/opinion/india-…
We're already in a Global #Recession, the kind of which hasn't been seen in a century. It could get a lot worse, and we need to be prepared. #ViciousCycle 🔁 : Businesses shuttered, Labour furloughed, Expenditure cut and Demand destroyed. @MD_Nalapat
nationalinterest.org/blog/buzz/what…
The #lockdown and media-fuelled fear have completely brought the economy to a grinding halt. At some stage, #starvation may overtake #COVID19 as the leading cause of death. States like Punjab are finding innovative ways to balance health & economics.
theprint.in/india/this-is-…
Read 186 tweets
Largely because (a) the injections functioned differently last time as it was primarily a financial seizure, not a real one; (c) the real assets which did deflate -RE- are the very ones which have since most risen in price (“inflated”); (d) intl division of labour then undamaged
Somewhat risible to say no fiscal response last time, even if this one is shaping up to dwarf it. That’s just #Keynesian dinosaurs trying to say only their Master’s nostrums can work.
Worry is, we redo the 30s: lacklustre growth as too big a Boondoggle state exploiting its edge.
The state runs only the softest of soft budgets, is the most wasteful, least productive, most monolithic, least innovative of spenders. Backed up by a compliant #centralbank -monetary ‘authority’ is now a joke!- that implies lots of (misdirected) demand for not much extra supply
Read 7 tweets
HSR: Keynesian vs. Fiscal Conservatives

Ditulis oleh Ayman Rashdan Wong
(Ini adalah untaian)
Silakan retweet dan like
#Keynesian #Japan #Malaysia #Shinkansen #Ekonomi #Sejarah #Jepun #bullettrain
Den perhati je orang debat pasal HSR di alam maya. Den tak ambil port sangat, sebab den tahu perdebatan ini tidak akan selesai dalam masa 2-3 hari.
Perdebatan ini sebenarnya melambangkan pertembungan dua fikrah ekonomi yang berbeza: satu mementingkan penggunaan perbelanjaan defisit (deficit spending) untuk merangsang ekonomi, satu lagi menekankan perbelanjaan berhemah (austerity) untuk tujuan kemapanan ekonomi.
Read 17 tweets

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