#econ101 — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #econ101, aggregated by home.social.
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Elinating poverty is NOT A COST.
China had regular famines, China eliminated poverty and is NOW RICH.America is powerful and and attracrive partner because it has customers. DEMAND.
SUPPLY SIDE economics is a CONTROL SYSTEM that harms economies.
Supply side economics is a prison that harms economies. Ending supply side, building a DEMAND lead economy creates VAST WEALTH.
FDR began history's longest economic boom.
Eliminating poverty doesnt "cost"
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China had repeated famines, it was known in popular culture, people alive today had their parents tell them to "finish your dinner there are starving kids in China."
China's effort to feed every person didn't cost them anything, in fact they have money left over to build a million EVs.
Want one?
When you buy energy from Exxon it lasts till the weekend, when you buy solar panels you have power forever.
It doesn't "cost" to end the war on Demand.
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@insiderussia
This Is The Last Chance To Buy A Car In #Russia | Russian Economy Weekly #Econ101 Review 🗞️
https://www.youtube.com/live/JqmHE1Jtg4A?si=NjEWB-delvvbuTnU
Ep 10/8/2025
#russia economy #ukrainewar
#RussiaIsCollapsing slowly -
@atrupar.com
DOOCY: Why do you think the Chinese is buying up so much farmland so close to military installations?
TRUMP: I don't want to get into that. I have a very good relationship with President Xi. They're paying a lot of tariffs.
https://bsky.app/profile/atrupar.com/post/3ltkdvkfv2e2o
( ed : Hint : SpiderWeb 🇺🇦🕸️ 3 revenge of the drones. 😉🤖 🇨🇳
Any why not under this administration defenses are down.
FYI El Presidente' they don't pay the tariffs - your citizens and small businesses do #Econ101 )
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Money supply, inflation, employment, labor force, (net capital outflow == net exports)... I need to get back to my macroeconomics textbooks; I haven't thought about this stuff for a while. (Granted, standard economic models make many assumptions that are only approximately true) #economics #econ101
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Money supply, inflation, employment, labor force, (net capital outflow == net exports)...
I need to get back to my macroeconomics textbooks; I haven't thought about this stuff for a while.
(Granted, standard economic models make many assumptions that are only approximately true)
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And maybe send these small business owners a copy of Henry Hazlitt's "Economics in One Lesson".
#economics #Economics101 #Econ101 #HenryHazlitt #OneLesson #ForDummies
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@AdrianRiskin If you don't have some units vacant/unsold, you're not pricing high enough to maximize profits. #Econ101 The problem is that this conflicts with public interest goals of #housing everyone.
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In related news, GM announced record savings by not making any cars. "It's like we're minting money!" shouts ecstatic exec. :ablobfoxdundundunowo:
#wb #strike #wgastrike #sagaftrastike #econ101
https://gizmodo.com/warner-bros-q2-earnings-strikes-david-zaslav-wga-sag-1850703857
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Can someone explain to me like I’m 5?
If residential debt service is the largest contributor to inflation, then aren’t interest rate raises inflationary? At least until they trigger residential debt deleveraging through a wave of defaults/repos?
Is widespread bankruptcy the inevitable collateral damage?
#econ101 #economics #interestrates #explaintomelikeim5 #canpoli
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Capitalism gave us airplanes.#capitalism #econ101 #airplane #WrightBrothers #freedom #progress #kittyhawk
(images PD; and CC-BY-SA-2.0, Bill Larkins) -
He refers to OBR figures on spending. But welfare spending is a broad category. State pension is the biggest part of welfare spending.
If we decompose this data the figure that emerges looks very different.
1) Real #Pension spending shot up and was decoupled form the real economy (#TripleLock)
2) #Welfare spending was flat nominally & declined in real terms by around 30%.
This is what #austerity looks like.
If this was a #Econ101 assignment, this would be a clear fail.
But... there is a