graeme fawcettFeb 3

"""
to kick off our keynote address, i would like to express my gratitude to Elon Musk, who made dam building socially acceptable again. like all the other times when hoarding massive piles of wealth had no consequences and nothing bad happened whatsoever
"""
-- Bucky Tooferson IV, dam builders industry expo, January 2017

===

"""
to kick off our keynote address, i would like to express my gratitude to Andrew Mellon, who made dam building socially acceptable again. like all the other times when hoarding massive piles of wealth had no consequences and nothing bad happened whatsoever
"""
--- Bucky Tooferson II, dam builders industry expo, January 1922

===

"""
to kick off our keynote address, i would like to express my gratitude to J.P. Morgan, who made dam building socially acceptable again. like all the other times when hoarding massive piles of wealth had no consequences and nothing bad happened whatsoever
"""
--- Bucky Tooferson, dam builders industry expo, January 1887

#informationmustflow #econ101

acemaxxSep 1, 2025
#Germany @ntvde Chancellor #FriedrichMerz:
“We have been living beyond our means for years.” ---
This is completely wrong, behold #Econ101: Those with a current account (CA) #surplus (humongous, 5.73% of GDP) are living below their means. Period.
https://www.n-tv.de/politik/Merz-stimmt-auf-Einschnitte-bei-Sozialleistungen-ein-article25998957.html
@gurupangujiMay 2, 2025

Borders frequented by trade, seldom need soldiers

https://www.youtube.com/watch?v=67tHtpac5ws

That was the motto of the business school I went to. Feels worth saying out loud.

#econ101 #miltonFriedman #thunderbird #youtube

Milton Friedman - I, Pencil

Milton Friedman points out the remarkable degree of cooperation between people from many different countries, who’ve never even met, to make what appears to ...

YouTube
Kakurady (🔜 NFC, FE)Apr 9, 2025
Money supply, inflation, employment, labor force, (net capital outflow == net exports)... I need to get back to my macroeconomics textbooks; I haven't thought about this stuff for a while. (Granted, standard economic models make many assumptions that are only approximately true) #economics #econ101
Bluesky

Bluesky Social
Kakurady (🔜 NFC, FE)Apr 9, 2025

Money supply, inflation, employment, labor force, (net capital outflow == net exports)...

I need to get back to my macroeconomics textbooks; I haven't thought about this stuff for a while.

(Granted, standard economic models make many assumptions that are only approximately true)

#economics #econ101

Brian T. NakamotoApr 3, 2025
It’s sad people who paid attention in #Econ101 get to experience #Trump 's economic "disturbance" while people who support him get to learn how #tariffs work the costly way. He lies about how tariffs work yet is owning " #LiberationDay "📉😬—so far https://x.com/WhiteHouse/status/1907533090559324204
The White House (@WhiteHouse) on X

LIBERATION DAY RECIPROCAL TARIFFS 🇺🇸

X (formerly Twitter)
Curtis CooleyMar 10, 2025
How much economic background does one need to understand #DOGE firing hundreds of thousands of workers will lead to less money entering the economy which will lead to a downturn and possibly a recession. Cheering these #firings is cheering for your own suffering. #ECON101
Kevin J. RogersJan 10, 2025
"Experts say it’s a classic case of supply and demand. According to the USDA, nearly 40 million commercial egg-laying hens across the country were lost last year to the H5N1 strain of the highly pathogenic avian influenza (HPAI) and fires." #Econ101 📈
https://www.washingtonpost.com/food/2025/01/10/egg-prices-shortages-bird-flu-chicken/
Egg prices continue to climb amid the bird flu outbreak

Empty egg shelves and eye-popping prices aren’t going anywhere, experts say.

The Washington Post
Show threadC.Oct 25, 2024

@hanspetermeyer

And maybe send these small business owners a copy of Henry Hazlitt's "Economics in One Lesson".

#economics #Economics101 #Econ101 #HenryHazlitt #OneLesson #ForDummies

Show threadPhil WolffJun 20, 2024

@AdrianRiskin If you don't have some units vacant/unsold, you're not pricing high enough to maximize profits. #Econ101 The problem is that this conflicts with public interest goals of #housing everyone.

#realpage #rent #landlords