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Items tagged with: Economics
Economics texts, courses and professors will tell you that economics is the study of maximizing the distribution of scarce goods.
Was once...
Now, economics is the study of preventing the distribution of plentiful goods.
We pretend we have the capacity of Orville and Wilbur Wright, while our roving science pets send us selfies from Mars.
Show our guest to quarters Mr. Crusher.
#economics #demand #rich #supplySideMadness
#Cities are cities precisely because—demonstrably—more people want to live in urban environments than those who abhor the idea altogether, for all the advantages that cities have to offer.
Only in America and other places where land and fossil fuels have been historically cheap and abundant, have people developed the idea of #suburbia and glorify and idealize #ruralism supported by private motor vehicles.
#urbanism #architecture #planning #design #housing #policy #economics #politics
US Advocates of "viewpoint diversity" might like to turn their attention to university departments of economics.
#USPolitics #USHigherEducation #Economics #Neoclassical #HeterodoxEconomics #ViewpointDiversity
Are economic models intended to resolve complacency?
#Psychology #Sociology #Economics #Policy
- Yes (0%, 0 votes)
- No (100%, 1 vote)
Well, well, well, Peter Thiel in the last days/weeks (according to regulatory filings in the US) has sold his entire stake in Nvidia (a key stock linked to Artificial Intelligence) & has reduced his Tesla holdings... given Thiel is at the centre of many TechBro-ocracy, if he's bailed out of Nvidia in the last weeks, I think its safe to say the AI bubble is about to burst....
Time to batten down the hatches folk... and watch out for the 'too big to fail' crowd
France is changing how it taxes wealth by including large cryptocurrency holdings under a new rule targeting what it calls “unproductive wealth.”
A new law passed by the French government now applies a 1% tax to net assets over €2 million, and this includes digital assets like
The UK doesn’t lack homes; it lacks affordable ones. Developers won’t build what people can’t buy, and the Treasury won’t fund social housing. Poverty, rent stress, and political anger rise together. The answer is public investment, not market faith.
Read on Funding the Future →
taxresearch.org.uk/Blog/2025/1…
#HousingCrisis #Economics #UKPolitics
The market is not the solution to our housing problems
The FT is annoying me, again, this morning with an article by someone called Neil Hudson that opens with this: There is a line about the UK property market that you hear so often it barely registers any more.Funding the Future
Choose 20 women authors whose work you admire. One author per day for 20 days, in no particular order:
15: Mariana Mazzucato
en.wikipedia.org/wiki/Mariana_…
The USA #economy has so far avoided a recession, despite earlier warnings. Reasons why include continued robust consumer spending and the #AI #bubble.
But, and you knew I'd have a 'but' right? But, we are approaching a point where several of these factors could collapse close to each other:
1. Farming: Immigration restrictions affecting labor availability and tariff wars cutting off entire markets; it comes to a head with the fall harvests
[contd]#economics
Another poem from the pile. It might be talking about perpetual economic growth...
#sustainability #ClimateChange #politics #economics #Nature #biodiversity #culture #poetry
The practice of rewilding
resilience.org/stories/2025-09…
#deGrowth #climateChange #nature #economics
Allowing Space for Nature: Rewilding to Heal the Earth - resilience
Thus, although rewilding is often thought of as keeping humans “away”, in fact, people must be integrated into much of the rewilding process, living alongside and allowing space for “wildness”.Resilience (Resilience.org)
Our nature is only a small part of the problem. We need to fix our cultures.
#sustainability #economics #Nature #Justice #philosophy #ClimateChange #ecology #psychology #Science #poetry
www.aspenproposal.org
Besteht die Rolle des "Marktes" tatsächlich darin, **Mangel** zu erzeugen, um für einige den **Profit zu steigern?**
youtu.be/YR2FcHoQLlU?si=dvlYYC…
#economics #inequality #richardmurphy
What if economics is wrong about scarcity?
The foundation of modern economics is that resources are scarce. But what if that simply isn’t true? In this video, I explore how the assumption of scarcity ...YouTube
Aug 4
4 min
Epstein Nation
It's just a cozy community helping each other out. Billionaires repurpose the federal government to finance a new economy of human trafficking and crypto financial fraud and be its major client.
Human trafficking and financial fraud are intimately related through crypto transactions
Epstein Nation youtube.com/watch?v=m5D_QaDiqb…
The New Face of America
The world of wealth and power propelling government and the American economy forwardFollow me here and on Mastodon: @GhostOnTheHalfShell@masto.ai-- video foo...YouTube
Das ist tatsächlich ein interessantes Dokument, welches Du hier vielleicht etwas vorschnell direkt als #pdf rein schwenkst.
Es ist aber nicht so, wie Du schreibst, dass das "IfW aus #Kiel die Lage analysiert". Es ist nur der Herausgeber und erklärt daher: "Die Verantwortung für den Inhalt dieser Veröffentlichung liegt bei den Autoren".
Autor ist nämlich Rüdiger Bachmann, Professor für #ökonomie #economics an der Universität von Michigan.
Er ignoriert das #fediverse und veröffentlicht (weiterhin) nur auf X. Dort hüpft er rechts libertären Kommentaren (vlt. unwissentlich) in den Schoß, kann's aber wissenschaftlich belegen, was die drukos aber nicht kapieren.
Er schiebt (gelegentlich hin und her) nach rechts und steht Lars Feld näher.
Sollte man wissen, wenn man es liest.
"That money is not going back into the economy". Bingo.
#bigbeautifulbill #BigUglyBill #politics #economics
Indeed. Larry Summers, Treasury Secretary during the prosperous Clinton administration, says about Trump's policies: "This is the biggest self-inflicted wound we've put on our economy in history."
He expatiates in the vid.
#DonaldTrump #TACO #MAGA #Economics #USEconomy #USPolitics #LawrenceSummers
What happens when 90% of a country moves to a 4-day workweek with no reduction in pay? Good things happen.
"Icelandic reports show that productivity has remained stable, and even increased in some sectors. One of the keys to this success lies in improving the mental health of workers, a crucial aspect highlighted by Generation Z. The reduction in stress, combined with a better work-life balance, has had a significant positive impact on employee well-being."
farmingdale-observer.com/2025/…
Iceland approved the 4-day workweek in 2019, nearly 6 years later, all the predictions made by Generation Z have come true.
In 2019, Iceland made headlines by becoming one of the first countries in the world to adopt the four-day working week, not through a general law, but through agreements allowing workers to negotiate shorter weeks or reduced hours.farmingdale-observer.com
7 Steps for Designing the Next Civilization: A Call to Action for UX, Interaction, and Human Factors Designers
In my article Futurecasting: How Civilization Will Drive Off a Cliff in 2040, I lay out the growing scientific consensus that the dominant model of extractive capitalism, coupled with the myth of…Julian Scaff (The Futureplex)
(You might be tired of this, but the owners of our society are not — and they never will be.)
Let’s all celebrate another week of BUSINESS AS USUAL, sponsored this time by BP, Walmart, and Volkswagen.
🎶 "Keep driving, keep flying, keep shopping, keep buying!
We've got this, everything's fine." 🎶 😃
#Economics #Science #Environment #Climate #ClimateChange #Capitalism #BusinessAsUsual
🧵4/4
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The ‘punk’ element in solarpunk refers to the movement’s unapologetically optimistic take on the future despite our growing pessimism and even apathy, and passionately calls for radical societal change — abandoning current capitalist markets and infrastructure.
The movement sparks discussion about current systemic problems and the need for societal changes, as seen with the increasing popularity of concepts such as degrowth, which seeks to scale down the resource use of high income nations’ economies by shrinking sectors that are ecologically damaging and offer little social benefit, and pursue growth not by economic expansion, but that is ecologically and socially just for all.
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LEARN MORE ➡️ earth.org/solarpunk/
#Economics #Science #Environment #Climate #ClimateChange #ClimateCrisis #Degrowth #SolarPunk
Solarpunk Is the Future We Should Strive For | Earth.Org
Solarpunk offers an unapologetically optimistic vision of the future that imagines a radically different societal structure in harmony with nature.Olivia Lai (Earth.Org)
All is not lost.
We do still have options, good choices we can make that will lead to a better – or at least less disastrous – future.
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Imagine being surrounded by lush natural landscapes, buildings covered with verdant plants and vegetation complete with rooftop gardens, and cities that are completely powered by clean energy. Imagine having our technologies built in harmony with nature and shared equally with everyone on the planet. This is what our world should look like as envisioned by the solarpunk movement.
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🧵1/4
In this thread I will post several excerpts from an inspiring article at Earth.org, together with uplifting images that might raise our spirits as we seek to build a happier and more just world for our children and their children.
LEARN MORE ➡️ earth.org/solarpunk/
#Economics #Science #Environment #Climate #ClimateChange #ClimateCrisis #Degrowth #SolarPunk
Solarpunk Is the Future We Should Strive For | Earth.Org
Solarpunk offers an unapologetically optimistic vision of the future that imagines a radically different societal structure in harmony with nature.Olivia Lai (Earth.Org)
#Economics
#Neoliberalism
#JamesBuchanan
(1/n)
You are quite right in your assesment, Mina, though you focus on the 1 of 3 #neoliberal
strands that is the pillar of #Reagonomics and #Trumpism, #Buchanan's #VirginiaSchool:
"...unlike even the most property-friendly founders #AlexanderHamilton and #JamesMadison, 👉#Buchanan wanted a private governing elite of corporate power that was wholly released from public accountability.👈" 1)
@number6
@fosstodon.org
1)
mastodon.social/@HistoPol/1125…
HistoPol (#HP) 🏴 🇺🇸 🏴 (@HistoPol@mastodon.social)
@Snowshadow @Jeramee #USpol #Economics #MAGAnomics #MustReads (3/n) ...policy. "She argues that unlike even the most property-friendly founders #AlexanderHamilton and #JamesMadison, 👉#Buchanan wanted a private governing elite of corporate power…Mastodon
In the USA, degrowth is definitely *not* on the table for discussion. No one in a position of power will give it serious consideration. Most have probably never even heard of it.
The situation is the same, as far as I know, in both Canada and the UK.
It's at least being talked about in the European Parliament, although not much progress is being made. Supporters of continued endless economic growth still hold sway.
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Speaking at the Brussels’ Economic Forum, Lídia Pereira, a member of the European People's Party said we must not resort to a "dangerous" solution like degrowth when tackling the climate crisis.
Pereira argues that the Green Transition can go hand in hand with the EU’s push to become more competitive. "If we want to find solutions," she said, "we have to find solutions with the moderates."
___________________________________
FULL ARTICLE -- yahoo.com/news/climate-crisis-…
#Politics #Economics #Environment #Climate #ClimateChange #ClimateCrisis #Degrowth
Dystopian fiction is dead. Because our dystopian reality is worse.
➡️ cnn.com/2025/05/21/business/bi…
#USA #Politics #Economics #Capitalism
Capitalism is not an ‘economic system’. Capitalism is legalized crime. It is an extortion racket, set up to steal from the poor and give to the rich. It’s a centuries-long con game, and it’s working better now than it ever has.
You can read about this, learn the history. The information is out there in the open, available to anyone. But capitalism’s propaganda machine has been so successful — and the institutions they’ve built to provide a facade of legitimacy are so entrenched — that it’s hard for most people to see what’s really going on.
#Politics #History #Economics #Environment #Climate #Capitalism
Genius move to lose $9 trillion of actual value to try to address a smaller trade deficit that isn’t an actual debt. 🤦♂️
#USpol #tariffs #TrumpTariffs #economy #economics
![screenshot of a post by News Eye
@newseye.bsky.social:
So far, Trump has lost $9 trillion in stock market value in an attempt to fix a $1.2 trillion trade deficit.
It's not possible to fully articulate the stupidity currently governing the USA.
[graphic of rectangles sized by capitalization and colored red indicating individual stock loses at a glance]
April 6, 2025 at 2:45 PM](https://inne.city/photo/preview/640/290007 "screenshot of a post by News Eye
@newseye.bsky.social:
So far, Trump has lost $9 trillion in stock market value in an attempt to fix a $1.2 trillion trade deficit.
It's not possible to fully articulate the stupidity currently governing the USA.
[graphic of rectangles sized by capitalization and colored red indicating individual stock loses at a glance]
April 6, 2025 at 2:45 PM")
"The billionaire #Ackman, a staunch Trump supporter, put the market's fears about the fate of the global economy in the starkest terms possible.
What they're saying: "The President has an opportunity on Monday to call a time out and have the time to execute on fixing an unfair tariff system. Alternatively, we are 👉heading for a self-induced, economic nuclear winter, and we should start hunkering down👈," Ackman wrote in a lengthy post to X."
The theory says that businesses succeed when customers have the money to buy their products. Therefore, the theory says, it's good for unemployment to remain low, because when it is high there are too many people who can't afford to buy stuff, and businesses fail.
Makes sense, right?
No, not for Elon Musk, it doesn't.
Let's dive in. First, Tesla.
#economics #unemployment #politics #USPol
🧵1/8
This is incredible. The White House sent out the Deputy Press Secretary Kush Desai to protest that the equation for tariffs on a country was definitely *not* just calculated as just (trade_deficit / imports) but instead calculated as [insert greek letter arithmetic that looks complicated].
What #KushDesai did not realize is that the values chosen for the greek letters in the equation he cited in the paper he cited it from make the formula reduce to…
trade_deficit / imports
"It's essentially #CriticalTradeTheory. Any trade imbalance between two countries is de facto evidence of systemic unfair trade practices."
x.com/KushDesai47/status/19076…
#Tariffs #MAGA #Trump #uspol #eupol #asia #China #PRC #Math #Mathematics #economics #economy #recession #corruption
#YonhapInfomax #InsuranceCompanies #HouseholdLoans #DelinquencyRates #NonPerformingLoans #FinancialSupervisoryService #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
en.infomaxai.com/news/articleV…
The Walmart Effect
New research suggests that the company makes the communities it operates in poorer—even taking into account its famous low prices.Rogé Karma (The Atlantic)
Found an interesting graph with absolutely no relation to current events on Wikipedia.
en.wikipedia.org/wiki/File:Lif…
I forget who I learned this from, but it's pretty useful to add Reagan's face right around 1981 to help understand changes in US over time.
