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Vincent Palumbo Profile picture
Vincent Palumbo
@vpalsmith33
"The brevity of human life doesn't allow that 1 person alone is sufficient; necessary to adopt the observations of others to clarify that which fits better."
Jun 30, 2022 • 16 tweets • 18 min read
/THREAD/ One of the things I like about Twitter is that it is the perfect in media res medium. Allows you to create a collage of obs sparked by online conversations
In this vein & inspired by Tooze's recent chartbooks, my own attempt to depict polycrisis: 1. Historic —1979 in reverse—Amazon vote as antidote to private tyrannies.



May 18, 2022 • 17 tweets • 6 min read
/THREAD/Probably too long of a passage to tweet out in a thread, but worth taking up the space on my feed, from Will & Ariel Durant's Lesson of History (1968): "We are willing to try a new approach...We are not afraid your economic system will displace ours, nor need you fear... 2. "We believe that each system will learn from the other and live w/ it in co-operation and peace...We ask you [referring to the Communist powers, Russia & China] to join us in defiance of history, this resolve to extend courtesy and civilization to the relations among states...
May 14, 2022 • 13 tweets • 7 min read
/THREAD/ This afternoon read @goldkorn interview with @doumenzi, which covered China's turn and end of globalization, topics I've been thinking about since I read her article, China's Governance Implosion.

Interview:
supchina.com/2022/05/13/exa…

Article:
forbes.com/sites/annestev… Q1: Motion control in imperial China.

A useful primer on imperial legacy of Orwellian "some people are more equal than others" approach to migration economist.com/china/2022/04/…
Another Economist article on global trend, Autocrats See Opportunity in Disaster
economist.com/leaders/2020/0…
Mar 29, 2022 • 24 tweets • 8 min read
/THREAD/ Lately, I've been thinking about the ways my two chief interests—China and the Fed— combine. Paraphrasing his Rhodium boss, @jordanschnyc once gave a clue highlighting how the Party, like the Fed, retreats to the presumed safety of status quo whenever flirts with reform. Image 2. To entertain this observation, I would like to pull a section from a episode of #Oddlots hosted by @tracyalloway @TheStalwart feat. Viktor Shevets. It contains his review of the Mian & Sufi on inequality as driving factor of declining r* (19:20-30:00).
Feb 28, 2022 • 27 tweets • 13 min read
/THREAD/ Recently, @KatharinaPistor recommendation of the intellectual biography genre convinced me that I should read this Hirschman biography since it caught my eye in the @BostonReview and I noted relevance to @M_C_Klein overshoot to @adam_tooze in Sep. 2. I intend to catalog my reading notes according to his view of underdevelopment as the "difficulty to take the decisions needed for development in required number and required speed." ( p.80) Speed & scale points me in two directions—climate and China
Feb 28, 2022 • 25 tweets • 10 min read
/Part II/ "The comprehensive plan...an important strategic device." When he was writing about comprehensive plans in Latin America, hear some rhyming to climate policymaking. Given bargaining logic, @adam_tooze wondered in April 2021 why not go bigger? 26. "failure complex of fracasomania, or 'the insistence of yet another failure'" (p.138). Easy to reach for this rhetoric after COP's, but misses something, @dwallacewells writes, "the strikers and their allies...did win something. Climate change isn’t just for die-hards anymore
Feb 8, 2022 • 24 tweets • 12 min read
/THREAD/ I converted my reading notes to a thread once before for @paologerbaudo The Great Recoil, and I thought I would do so again for a book I finished yesterday @CLeonardNews, The Lords of Easy Money. vincentpalumbosmith.substack.com/p/the-moments-… 2. Given Leonard is a business reporter, not a left-leaning political theorist, there is a surprising amount of overlap between their two books, probably related to the challenges GFC posed to political order. This is where Leonard's story begins w/ unknown figure Thomas Hoenig
Nov 9, 2021 • 20 tweets • 10 min read
/THREAD/ Read @DrDaronAcemoglu @NarrowCorridor, and had thought burrow into my head. When reading bits like the linked quote, I thought could it be A&R treat archetypal despotisms like China as too static? I asked @shortl2021: becoming a Paper Leviathan? 2. A&R dismiss the possibility because China still delivers the goods strongly associated with growth. When looking at World Bank's governance effectiveness indicator, there is a clear difference b/t "gnocchi" administration of Argentina and China Image
Nov 5, 2021 • 31 tweets • 15 min read
/THREAD/ Inspired by @shortl2021 viral thread, I decided to write up a journal entry to begin #MadNovember. I argue we have reached a point that demands a philosophical view, acknowledging value is metaphysical
vincentpalumbosmith.substack.com/p/the-investin… 2. The fact @shortl2021 went viral is a revealing sign. His views haven't changed but didn't resonate until now. Why? He has the evidence from folks like @InvariantPersp1. @mollyesque has similar claim about why 21st century populists succeeded where 20th century pioneers failed Image
Oct 28, 2021 • 22 tweets • 12 min read
Reading through @paologerbaudo The Great Recoil. This Ch. on control hits on so much that's on my mind. vincentpalumbosmith.substack.com/p/the-elusiven…
I wonder if the Shenzhen official @CSISFreeman quotes (24:44-) from @DimitarGueorg1 forthcoming book was thinking of Plato. csis.org/node/61579 Image /THREAD/ I have lots of thoughts after reading @paologerbaudo The Great Recoil, but unfortunately they are all scattered, so in lieu of a blog post, I thought I would share my reading notes with companion links like I did above.
Oct 12, 2021 • 24 tweets • 13 min read
/THREAD/ In the spirit of @adam_tooze annotated reading lists, I wrote up a "review" of @M_C_Klein and @michaelxpettis book which morphed into a compilation of current events articles I've encountered on this site because their subject is so live. vincentpalumbosmith.substack.com/p/workers-of-t… 2. This recommendation from @AtifRMian thread on the connection of Evergrande to 07/08 financial crisis persuaded me to sit down and write. His distributional perspective of savings glut is vital to understanding claim that Trade Wars are Class Wars