Post-Keynesian Economist, MMT, millennial cognitive biases
Heard and McDonald Island
Joined December 2011
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Khazbi Budunov retweeted
Vive Lula, vive le Brésil de la dignité. Les sondages et les commentateurs experts bla bla prédisaient son échec certain.
Il vient de gagner ! Il a battu l'extrême droite et les ingérences étrangères.
La magnifique campagne de masse a rassemblé le peuple des favelas et les salariés dans les urnes contre la dictature de l'argent-roi et du mépris du peuple.
Khazbi Budunov retweeted
"The dominant corporations of today achieved their preeminence not through their ability to produce electrical equipment, steel, aircraft, or software better than their competitors, but by buying up those competitors in the stock market" (Toporowski, 2016, p. 4).
Apparently, Bolsonaro refuses to accept the election results. Does the guy not know basic arithmetic? Someone should explain to him that 4.5 million votes is not the same as 4.5 thousand.
The Serbs have won an important victory, but the real battle is still ahead. Now they’ll have to defend their right to pursue an independent economic policy.
Under the banner of European integration, Brussels will demand the usual package of outdated neoliberal reforms. I’m afraid this is a battle the Serbs are going to lose.
So do Brazilians just save themselves the trouble of voting in the first round, knowing there’ll probably be a runoff anyway, and then show up in droves for the second?
Vučić is finished. Now the main thing is to hope the Kremlin doesn’t start putting economic pressure on Serbia to punish Serbs for making the “wrong” choice.
Khazbi Budunov retweeted
BREAKING: Brazil Supreme Court justice extends presidential election voting by two hours
Khazbi Budunov retweeted
Include Randy's
'Understanding Modern Money' as #1
;)
Khazbi Budunov retweeted
🗳️ Dzisiaj czeka nas interesujący wieczór wyborczy!
🇧🇬 Bułgaria (prezydenckie – I tura) - po godz. 19 - Exit Poll, wyniki na żywo od. godz. 22
🇷🇸 Serbia (parlamentarne) - wyniki na żywo od godz. 22
🇧🇷 Brazylia (prezydenckie – II tura) - wyniki na żywo od godz. 21
#wybory
🇧🇷 Lula leads overseas voting in Brazil’s presidential runoff with 57.58% of the vote, compared with 42.42% for Flávio Bolsonaro.
📚 A beginner-friendly reading list on the modern monetary system from an MMT and Post-Keynesian perspective, in recommended reading order:
1. Warren Mosler — Seven Deadly Innocent Frauds of Economic Policy (2010)
2. Stephanie Kelton — The Deficit Myth (2020)
3. Dirk Ehnts — Modern Money Theory: A Simple Guide to the Monetary System (2024)
4. Steve Keen — The New Economics: A Manifesto (2021)
5. L. Randall Wray — Why Minsky Matters (2016)
6. Steve Keen — Can We Avoid Another Financial Crisis? (2017)
7. Pavlina R. Tcherneva — The Case for a Job Guarantee (2020)
8. L. Randall Wray — Modern Money Theory: A Primer on Macroeconomics for Sovereign Monetary Systems (2015)
9. Steve Keen — Debunking Economics (2011)
10. Marc Lavoie — Post-Keynesian Economics: New Foundations (2014)
11. Wynne Godley & Marc Lavoie — Monetary Economics (2007)
Start with the basics, then gradually move towards more advanced theory.
Khazbi Budunov retweeted
Los impuestos no se reparten: destruyen capacidad económica. Los impuestos van por un lado, y los gastos por otro. Sé que es contraintuitivo pero es así: los impuestos no financian nada youtu.be/-EfiRLJtsJw?is=mEM1…
