My analysis of what's going on with #Trump, #oil, #Venezuela & #AI circular economies is financial.
The financial sector's size has reached a point where it's more profitable for Trump & his clan to make money on speculative assets than real-world material economies.
Thus controlling the narrative to make stock price go up and create private investment based on narrated futures is the name of the game.
Private money creation through investment banking with it's large size make DJTs policies make sense
Just used ChatGPT to organize some of my understandings of international economics and finance from a post-Keynesian perspective, including issues like balance of payments, trade balance and terms of trade, distributional effects of export promotion, Debt Crisis and austerity, hyperinflation and currency collapse, the ramifications of interest rate hikes etc. I will organize them later when I arrive home.
#postkeynesian #international #economics #trade #finance #currency
I just had an interesting thought exercise: here's an analysis of the circular flow of income, money and other dynamics of economic simulation in Victoria 3.
Hey I know people often complained about ChatGPT producing made-up referrences but it seems legit when being asked to produce some reading lists. People who are focused on similar subjects as me might also find some useful stuff in this recommended list.
https://drive.google.com/file/d/1mUpXo-ZFWqhw9bBlcxFYfaUoshXWdGqq/view?usp=sharing
#complexity #dynamicsystem #nonlinear #chaos #ecology #postkeynesian #marxian #economics #computational #quantitative #statistics
Great summary of how various economic theories can contribute to better #climate #modeling by J.Christopher Proctor.
#openaccess https://link.springer.com/article/10.1007/s43253-023-00098-7
His Twitter thread can be found here: https://twitter.com/Jcproctor29/status/1661404488735895552?s=20
#PostKeynesian
#EvolutionaryEconomics
#FeministEconomics
#EcologicalEconomics
#MarxianEconomics
#InstitutionalEconomics
#CooperativeEconomics
#BehavioralEconomics
This paper explores the degree to which heterodox economics can contribute to the development and use of climate-economy integrated assessment models. To do so, it introduces the field of integrated assessment modeling, with a focus on the core economic methodology used by various types of models. It then summarizes some of the literature critiquing these models and how they inform policy. The paper then provides an extended classification of ways in which heterodox economics could be applied to climate-economy models and presents a number of storylines, or pathways, which could be created using insights and methods from heterodox schools. The paper concludes with an assessment of the scope for heterodox economics to answer the criticisms of climate-economy models, finding that despite not resolving all issues, the heterodoxy has a substantial role to play.
Post Growth and the North-South Divide: a post-Keynesian stock-flow consistent analysis—New CUSP working paper by Dario Leoni, Andrew Jackson and
@ProfTimJackson
→ https://cusp.ac.uk/themes/s2/wp38
cc #PostGrowth #Degrowth #BeyondGrowth #PostCroissance #Decroissance #Decrecimiento #Decrescenza #ProsperityWithoutGrowth #SystemDynamics #PostKeynesian #Globalisation #Growth #Transition #GlobalSouth #NorthSouthDivide
This working paper describes a two-region post-Keynesian stock-flow consistent macroeconomic model set out to analyse macroeconomic implications of a postgr ...
Re-introducing (my first instance vanished): I'm an economist from U.Mass. Amherst teaching in an interdisciplinary unit at UW Bothell. I've written in #PostKeynesian and #Feministeconomics
Current research on race and economics late 19th and early 20th centuries is summarized here, with some working papers: https://sites.google.com/uw.edu/crisesofthewhitebody/home
#historyofthebody #historyofeugenics #historyofeconomics #historyofpsychology
#histodons
Toni Aittoniemi
Toni Aittoniemi
robin
Hongyu Yang
Colin Danby
Oliver Braunschweig
CUSP 
