#Surplus

Michael Pettis

michaelxpettis

1/7China’s trade surplus in December came in above expectations at $78.2 billion. Equal to 6% of China's December GDP and 1.2% of the rest of the world's GDP, this acts

C ☭

fbgCon

Because the conversation about @AOC’s 60 dollar tee shirts has come up yet again, I feel as though we need to talk a little about surplus value Surplus value is

a vulgar marxist

gdmorejon

y'all actually want Das Kapital in a nutshell? it's a big book. let's do it according to its eight Parts. THREAD 1/10 Part I. Commodities are valuable in terms of

𝗻𝗲𝘂𝗿𝗮𝗹𝗰𝘂𝗹𝘁𝘂𝗿𝗲

neuralculture

[laughing]we let Jeff Bezos patent "one click shopping" & somehow that translates into "he gets all the money now"i'm sorry i'm sorry i'm having trouble taking any of this seriously

The Cosmist Insurrection, Inc. ™

yungneocon

This isn’t actually true, it fell well within the range of speeds of novel power second wave industrializers. What’s more, what is normally called industrialization in the Ussr is really

Mohammad Akbarpour

akbarpour_

Accepted in Econometrica, Redistribution through Markets (with awesome coauthors, @skominers and Piotr Dworczak).Link: https://stanford.io/3gJQxbT We have multiple takes on how to present this, with no optimal one. Here's one take,

Darwin BondGraham

DarwinBondGraha

For years, Oakland staff dealt with developers behind the scenes to sell city owned property, playing favorites, trying to maximize sales value.Now because of AB1486, the city has to actually

Simple Servant of God / Scott G

ServantScott

THREAD: Here's a little insight to the plight of our country.We (the USA) cannot even balance our budget. We care more about sending $$$ to other countries than helping our

Alex Etra

EtraAlex

The IMF does some great work and the latest China Article V has a lot to admire (as usual). But I am a bit confused about some of the BoP

Mohsin Amin

MohsinAmin_

THREADThe electricity-exporting countries Uzbekistan, Tajikistan, Turkmenistan and Iran mostly sell their surplus electricity to Afghanistan. When they no longer have a surplus, they stop supplying. Depending on such less-than fully

Padhri Game Reserve

PadhriR

Save 170 Namibian elephants by buying and moving them.We have previously proposed that individuals and groups who are against population management of wildlife using hunting as a management tool to

🌿 ꪜ𝚎𝚐𝚊𝚗𝚒𝚌 🌿

vegix

After this election we ought to talk about how ineffective 99% of PACs are with how they use your donated funds. CLC federal reform program director Brendan Fischer told Newsweek

Diana B. Henriques

dianabhenriques

I've been thinking a lot about how the GOP/Trump response to the pandemic compares to the GOP/Hoover response to the Great Depression. Same issue: Does government have a duty to

Atif Mian

AtifRMian

One broad misconception about growth or development is that growth *requires* capitalThat is not accurate: to first approximation, growth *creates* capitalsome explanation ... The most important ingredient, or requirement, for

Michael Pettis

michaelxpettis

1/14This very good article illustrates just how much confusion there is in understanding the accounting identities that describe the balance of payments. When a country saves more than it invests,

IFAN UK

IFAN_UK

Apart from the fact that @IFAN_UK reported that “some independent food banks and food aid providers are signed up to the national food surplus redistribution charity FareShare and can benefit

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