How to get URL link on X (Twitter) App
https://twitter.com/ptrmadurai/status/1755370237350781340Two decades ago, Uttar Pradesh’s economy was 19 per cent larger than that of Tamil Nadu (2004-2005) and remained larger up until 2013-2014. It has only fallen behind as that of Tamil Nadu since the dawn of “Acche Din”, and was 95.48per cent of Tamil Nadu’s economy in 2022-2023
https://twitter.com/michaelxpettis/status/1611943014322311173Debt is a transfer. So are taxes. The difference is that debt is theoretically “amortised” while taxes are not. But consols -“perpetual debt” -are assets that pay interest but are not amortised. They can be bought and sold by debt holders. How is this different from a tax? 2/12
https://twitter.com/cesifoti/status/1364699994012459009(1)Turn to heterodox economics. This can be rewarding but is prone to Cults (eg MMT) which destroy intellectual judgement and ability to engage.
https://twitter.com/laurie_garrett/status/1242467571229585410We are having a robust conversation on how we can do this better and learn from our failures We are not scoring party political points We have evacuated our citizens from pandemic hotspots globally and are struggling to deal with livelihood issues of internal migrants 2/n
https://twitter.com/ETNOWlive/status/1241218012486631424Those worrying about financing: in a war-like economy, it is ok to print money. If effective, it will restore aggregate demand, not add to it. In this circumstance....(1/n)