@acoyne How outrageous, indeed, of Canadians to be concerned about the prospect of a neoliberal Thatcherite becoming our PM, considering how well Thatcherism has worked out in the UK. https://t.co/QPzelSs09u
Now that the California billionaire tax is officially on the ballot this November, voters deserve logical arguments.
This guest essay in today’s New York Times, by two economists from the Hoover Institution, is based on a shocking logical mistake. 🧵
The Data-Center Boom Is Sparking a Third Wave of Inflation. Is AI going to truly promise an increased productivity? If so, will it come in time to affect inflation? Chart below from the WSJ article by Justin Lahart. More featured on today's Chartbook Top Links in the comment below.
Strongly recommend @DanielaGabor’s step by step account of what’s really happening with bond markets - and how to really deal with them without wishful thinking.
(The “Bailey premium” we pay govt borrowing costs also deserves wider circulation.)
Link below.
@adam_tooze Are 2% inflation targets part of what is giving the bond vigilantes back their power? You wrote this a while back. https://t.co/1rwcauERcK Meanwhile, AI inflation, El Nino, climate, etc. 1/2
Far from dominance: American consumers have seen the biggest hike in petrol and diesel prices of all countries across the G7 since the start of the war on Iran. More featured on today's Chartbook Top Links in the comment below.
In a July 2016 essay Vance wrote for The Atlantic, "he portrayed himself as a thinker who could stand up to Trump’s demagoguery—so perhaps he has a point about not believing everything you read in The Atlantic."
https://t.co/OWelKg153q
@AtIssueCBC@RosieBarton@acoyne@ChantalHbert@althiaraj the only answer to growing govt debt is austerity according to Andrew. He could never imagine the government increasing revenues. Austerity is theft. the last 30 years proves it, look at the growing wealth gap. Andrew only speaks for the wealthy and corporations.
@acoyne Is this what happens when you lower the corporate tax rate and then pay for it by upping the consumer sales tax? https://t.co/gztaPBTVxT Seriously, Coyne. You wonder why the US is now run by an autocrat? Neoliberalism is a lie.
@acoyne Let me guess you want more corporate tax cuts? Only 9% of New Zealanders supported that move, so Conservatives there backed off. Meanwhile https://t.co/Pa5phLs1OW
Global oil supply dropped sharply in January due to severe winter weather, but it is already rebounding & set to grow by 2.4 mb/d in 2026
With demand expected to grow more slowly & inventories still rising, fundamentals point to a well-supplied market 👉 https://t.co/IH78a7UdlG