#politicaleconomics — Public Fediverse posts

Also, isn’t capitalism literally just a complicated pyramid scheme?

Like, the gd point is to “extract value” at each stage, as much as possible, for as long as other people let you get away with it.

I prefer my #MagicWandWishList and its various ideas that don’t actually require a magic wand. But anyway, what am I missing? Cuz I gotta be missing something(s), I’m sure.

.

https://writingexplained.org/inquiry-vs-enquiry-difference Cuz I had to look it up so fuck it.

#genuine #GenuineQuestion #enquiry #Ask #AskFedi #AskMastodon #AskAnEconomist #AskPhilosophers #spicy #politics #TW #economy #economics #politicalEconomics

Also, isn’t capitalism literally just a complicated pyramid scheme?

Like, the gd point is to “extract value” at each stage, as much as possible, for as long as other people let you get away with it.

I prefer my #MagicWandWishList and its various ideas that don’t actually require a magic wand. But anyway, what am I missing? Cuz I gotta be missing something(s), I’m sure.

.

https://writingexplained.org/inquiry-vs-enquiry-difference Cuz I had to look it up so fuck it.

#genuine #GenuineQuestion #enquiry #Ask #AskFedi #AskMastodon #AskAnEconomist #AskPhilosophers #spicy #politics #TW #economy #economics #politicalEconomics

Also, isn’t capitalism literally just a complicated pyramid scheme?

Like, the gd point is to “extract value” at each stage, as much as possible, for as long as other people let you get away with it.

I prefer my #MagicWandWishList and its various ideas that don’t actually require a magic wand. But anyway, what am I missing? Cuz I gotta be missing something(s), I’m sure.

.

https://writingexplained.org/inquiry-vs-enquiry-difference Cuz I had to look it up so fuck it.

#genuine #GenuineQuestion #enquiry #Ask #AskFedi #AskMastodon #AskAnEconomist #AskPhilosophers #spicy #politics #TW #economy #economics #politicalEconomics

Also, isn’t capitalism literally just a complicated pyramid scheme?

Like, the gd point is to “extract value” at each stage, as much as possible, for as long as other people let you get away with it.

I prefer my #MagicWandWishList and its various ideas that don’t actually require a magic wand. But anyway, what am I missing? Cuz I gotta be missing something(s), I’m sure.

.

https://writingexplained.org/inquiry-vs-enquiry-difference Cuz I had to look it up so fuck it.

#genuine #GenuineQuestion #enquiry #Ask #AskFedi #AskMastodon #AskAnEconomist #AskPhilosophers #spicy #politics #TW #economy #economics #politicalEconomics

Also, isn’t capitalism literally just a complicated pyramid scheme?

Like, the gd point is to “extract value” at each stage, as much as possible, for as long as other people let you get away with it.

I prefer my #MagicWandWishList and its various ideas that don’t actually require a magic wand. But anyway, what am I missing? Cuz I gotta be missing something(s), I’m sure.

.

https://writingexplained.org/inquiry-vs-enquiry-difference Cuz I had to look it up so fuck it.

#genuine #GenuineQuestion #enquiry #Ask #AskFedi #AskMastodon #AskAnEconomist #AskPhilosophers #spicy #politics #TW #economy #economics #politicalEconomics

Older white guy rants to me and a fem colleague about how the Ford government lets private long-term care coorprations/condo boards and landlords grift the living hell out of regular people, but prefaces his rant with, "and beleive me, I'm no socialist." I couldn't get a word in edge-wise, but I'd love to a have asked, "why not? And what do you want then?" I'm so glad that generally folks seem much more willing to use socialism and identify as a socialist (at least in the Anglo-Americas I experience) than they were even just 10 years ago, but encounters like these are bizzare. If you have a problem with private ownership of land, you really ought to have a problem with a socio-economic system that privileges just such an arrangement and trends, pretty well inevitability, towards (neo)liberalism and then the slide to fascism. Socialism (/anarchism/communism/communalism, etc.) is the alternative, friend.

#OnPoli #CanPoli #TheFords #Ford #QueensPark #WagTheDoug #PoliticalEconomics #Socialism #Housing #CostOfLiving #HousingCrisis #Socialism #Communism #Communalism #Anarchism #DegrowthCommunism #Degrowth #TheCommons #ABetterWorldIsPossible

Cats understand late stage capitalism better than us...

Honestly "user generated content" is kinda fabulous sometimes even if the apps are a nightmare.

#cats #video #LateStageCapitalism #economics #capitalism #polisci #politicalEconomics #memes #funny #notFunny #animals #enshitification #CatsOfMastodon

"Good Luck Everyone"

(forthcoming) Connecting to Power: Political Connections, Innovation, and Firm Dynamics, https://www.econometricsociety.org/publications/econometrica/forthcoming-papers/2022/11/01/connecting-power-political-connections-innovation-and-firm/file/18338-4.pdf

(in data from #Italy )

- Market leaders likely to be politically connected, less likely to innovate.
- Political connections relate to a higher rate of survival, growth in employment and revenues, not in productivity
- Aggregate gains from political connections do not offset losses from lower reallocation and growth.

#politicalEconomics #innovation #productivity

How European Markets Became Free: A Study of Institutional Drift by German Gutierrez, Thomas Philippon, Journal of the European Economic Association, 2022;, jvac071, https://doi.org/10.1093/jeea/jvac071

Countries in a single market willingly promote a supranational regulator that enforces free markets beyond the preferences of any individual country.

#eu #antitrust #competition #economics #monopoly #institutions #politicalEconomics

@DianeCoyle1859 Nordic politicians:

(left+green): MMT affetcs thinking. Difference between Keynesian & MMT is not clear. Kate Raworth's Doughnut economics is another idea with a clear impact.

(right) Alberto Alesina's “expansionary austerity” made a lasting impact.

#politicalEconomics

Hello, this is my #introduction.

I’m a Lecturer (=AP) in Economics at U Swansea (🇬🇧; sadly I can't get the Welsh flag emoji to function), teaching #EconomicPolicy and #Microeconometrics.

I'm an empirical researcher doing #PoliticalEconomics and #PublicEconomics. I’m particularly interested in #immigration and #Covid (including #LongCovid) as well using #VotingAdviceApplication data in research.