A select case of #Evolution and #Leftist Progression in the History of Economic Thought ->
From #Marxism to #Keynesian Economics to #MMT
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.
That is why we must appreciate post-war leaders such as Lee Kuan Yew.
The late leader had an eye for everything.
He pre-empted problems before they came to the surface.
That is the cusp of vision which a leader must benefit from!
Failed States don't emerge overnight.
They gradually succumb due to the lack of imagination of their leadership.
It is a complex argument that needs simplification as we go along.
Look at #Kazakistan. They knew it was coming!
I guess throwing dole money alone on people and grandiloquent projects will not keep a nation peaceful.
#Libya is an e.g.
#Gaddafi made the largest man-made river, gave every married couple benefits, student funding, etc
Didn't work.

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More from @SAH16928046

8 Jan
Starting a human or machine-based process late and finishing it quickly is also a sign of labour or robotic #efficiency, which is not taken into account by organizational #productivity specialists.
Doing things correctly matters without wasting time
#gembawalk #Lean #Agile #TQM
Arriving at 9 in the morning at the office and staying late beyond designated working hours is the worst kind of employee #attitude, which should be rebuked by the #HR Dept.
Why do some people stay late at work, anyway?
Spying? or other motives?
Surprisingly, I have come across some night shift workers who do fewer hours and are at times far better at producing results compared to daylight sleepy heads.
More organizational studies are required to check employee motivation, productivity and time-task assignment management
Read 5 tweets
8 Jan
Gifts cannot be priced.
#Governments that offer #dole as part of the economic programs are akin to such gifts.
By adding a price ticket to every incentive awarded as a gift, a lot of waste can be screened and saved.
Leads to better management of public financial resources!
This principle of the national minimum is a political economic gift that can bankrupt a sovereign nation and completely distort its national psyche and narrative.
Most of the welfare capitalist countries are suffering from its accentuated curse since the end of World War 2.
"the cosy world we were told to go on forever"
#Callaghan at the 1976 Labour Conference, taunting socialism.
How ironic!!
Read 4 tweets
7 Jan
Don't overspecialize.
It will make you overdependent on other people.
Always be a #generalist.
The problem with doing a #PhD degree is that it makes you highly specialized in a minuscule area of academic interest.
Utter rubbish!
Sheer waste of time, financial resources and cognitive capabilities.
Many people who are struggling to find decent work after Postgraduate Qualification, such as MSc/MA/MBA, end up enrolling on a #PhD Degree program.
How bloody melancholic that is!?
Seen many such cases in Life and Hard Sciences.
Read 7 tweets
2 Jan
How would I rate #, Harold MacMillan, as the PM of the UK?
Excellent sense of humour.
An eloquent speaker!
#Détente between the East and the West became possible due to #Macmillan’s diplomacy and energetic role in international politics.
He was probably a gifted International Relations Practitioner who had an exceptional understanding of issues around the world.
He was remarkably the first to predict an International crisis in the Gulf back in the 1960s after #Kuwait was given independence with a special status.
Read 11 tweets
2 Jan
Many students ask me about SCM/Logistics Degree programs.
Go to any top business school at an Ivy League university.

Alternatively, you may choose to find some decent department of Economics that has a strong partnership with other faculties, such as Operations Research, Industrial or Transportation Engineering.
Many Transportation Economists also enter into SCM/Logistics or Inventory management using their knowledge of network models and game theory, etc.
Read 8 tweets
1 Jan
Best way to reduce unemployment?
How to reduce unemployment -2?
How to reduce unemployment -3?
Read 4 tweets

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