For a review of the true causes of inflation, a refutation of false scapegoats, & an overview of better solutions to challenges in living standards (like higher wages, non-market housing, limits on corporate power) see the Centre for Centre for Future Work (Canada) video: youtube.com/watch?v=zogZH_…

This is one of the key results in mathematical Neoclassical economics, that a market demand curve derived from individual demand curves doesn’t obey the “Law of Demand”. The theory can’t handle more than one consumer and one good.

India used such-and-such missile (serial numbers 19374828 to 37281747) to hit exactly 9 targets in Pakistan. Here are the precise addresses, complete with block numbers, floor plans, and WiFi passwords. All confirmed by the cousin of a nearby paanwalla. 👇🏻🧵

No, this isn't about engaging in war. India has neutralized nine terrorist camps located in Pakistan, and such action was necessary. It is unacceptable for militants to infiltrate Indian territory, carry out attacks on innocent civilians, and expect no consequences. All terrorist

India is exercising its right to self-defense, Pakistan is the aggressor.

“Economic conditions shape moral values, but those values, in turn, shape political and economic outcomes. In today’s politically polarized climate, moral differences often underpin divisions over economic policy.” imf.org/en/Publication…

One thing to remember now: these strikes will not create much deterrence. What will create sustained deterrence is how India responds to Pakistan’s retaliation.

This is quite forthright from Yanis Varoufakis. It draws a little more from his older Hudson-like argument in his book The Global Minotaur. After the short social democratic interlude, the American elite have returned to redouble their efforts to become the global version of what

My Ph.D. thesis just got approved! Coming from outside the U.S., I’m deeply grateful to MIT and this country for welcoming me and giving me the chance to grow as a scholar.

Don't study economics at university. What they teach is empirically false garbage. In just 9 simple points, let me explain why... and what to study instead.

NYT had an interesting graphic about where India and Pakistan get their imported arms from (link to article below). And there's even more complexity: Pakistan-China JF-17s have Russian engines; India's Tejas has American ones.

These voices, accents and words would sound similar in many North Indian cities.. In this case, the city is rawalpindi #cousinsatwar

Incels want war because girls ignored them when they were in school. I blame feminism.

Here are some reading recommendations for the current moment

My latest for the EPW: Google doesn’t just sell ads—it controls the means of digital reproduction: a vertically integrated ad empire that extracts value by owning the infrastructure of circulation itself.

No matter how much I read, I always end up thinking I am not reading enough. No matter how much I write, I always end with the same thought: it’s not enough. No matter how many things are on my plate, the voice again says, “It’s not enough.”

🚨 BREAKING 🚨 According to an ADR survey, the top priority for Bihari voters, both urban and rural, is clear: 🛠️ Better employment opportunities within Bihar Not freebies. Not religion. Not caste. Just jobs, industry in Bihar. Are our leaders even listening?

Colonial extraction and unequal exchange have shaped two centuries of North-South inequality. 🧵A thread on a NEW STUDY written with Gastón Nievas Offidani [1/9] 🔗 wid.world/news-article/u…

Economics Needs a Reality Check - 1/ Much of what's taught in economics classrooms doesn't match real-world evidence.

These are my three favourite books for learning more about economics in the real world: - "Economics: The User's Guide" by Ha-Joon Chang - "Who Cooked Adam Smith's Dinner" by Katrine Marçal - "Debunking Economics" by Steve Keen