Ridhiman Balaji

Economist. Tweets about economics and politics.

[Ridhiman Balaji @ridhimaniac]

Question for people who studied or taught #economics in #Europe, what textbook did you use for introductory economics classes?

Did you use Principle of Economics by Greg Mankiw?

#econtwitter #university

[Trita Parsi @tparsi]

Told @TomSwitzerMedia that Israel doubly undermined US interest today. First, by seeking to sabotage Trump's Iran deal, but also since Trump ended up giving Iran more concessions to prevent Tehran from retaliating against Israel.

https://t.co/mTeKT6CCfq

[Mouin Rabbani @MouinRabbani]

The US-Israeli war against Iran has been such an overwhelming success that not a single one of the war's objectives as enunciated by Trump and Netanyahu during its initial days has made it the negotiating agenda.
Regime change in Tehran, unconditional surrender by the Islamic Republic, total Iranian denuclearization, curbs on Iran's missile programs, conventional military capabilities, and regional alliances, not one of these issues is even up for discussion.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: President Trump issues a statement on Israel's attack on Beirut this morning.

[Bushra Shaikh @Bushra1Shaikh]

This is NOT a DEAL.
But a Memorandum Of Understanding towards a deal.

Here's what is happening now:

The Strait Of Hormuz will reopen, controlled by Iran.

The U.S. will completely lift it's Navy blockade.

Iran will receive monetary compensation. Through lifting of some sanctions or through various Gulf countries.

No leadership change. The Islamic Republic of Iran is still standing.

Thus far, Iran won this war.

[The Hormuz Letter @HormuzLetter]

BREAKING: Netanyahu directly rejects the Lebanon clause of the US-Iran agreement announced by Pakistan, telling Trump the IDF will not withdraw from Lebanon and that Israel does not consider itself bound by the clause, per Maariv.

[The Hormuz Letter @HormuzLetter]

BREAKING: Iran says the US has agreed to pay $300 billion in reconstruction funds directly to Iran as part of the deal Pakistan announced, alongside the release of $24 billion in frozen funds with $12 billion released before negotiations even start, per Mehr News.

This directly contradicts Trump's & Vance's claim that no funds will be transferred to Iran at all.

If Trump denies this is true, there never was a deal. If Trump confirms, the US has fully capitulated to Iran's demands.

[Trita Parsi @tparsi]

The deal is cut!
Netanyahu failed!

https://t.co/lqx1y8Ev0b

[POLITICO @politico]

Inside the whirlwind 24 hours that led the White House to slap export controls on Anthropic https://t.co/ZhC7PbbdFj

[Financial Times @FT]

Anthropic suspends latest AI models after US blocks access to foreigners https://t.co/6EXx2TREY0

[Ivan Katchanovski @I_Katchanovski]

Will self-proclaimed supporters of Ukraine join? "Ministry of Defense sets a goal for up to 50% of stormtrooper and infantry positions in the Ukrainian army to be held by foreigners. "We are opening the market for recruiting foreigners to strengthen combat units and save the lives of Ukrainian military personnel. Our goal is to fill up to 30–50% of stormtrooper and infantry positions with foreigners." Defense Minister of Ukraine Fedorov.

[Ridhiman Balaji @ridhimaniac]

Persistent GDP may or may not be inadequate for addressing global poverty but ideas like "degrowth" and/or "degrowth communism" are absurd and dangerous

https://t.co/36hJiI5syT

[Axios @axios]

JUST IN: Trump cancels Iran strikes as mediators claim a deal is close https://t.co/2drLjx9W8u

[The Kobeissi Letter @KobeissiLetter]

BREAKING: President Trump says he has cancelled scheduled strikes on Iran and the time and place of a deal signing will be “announced shortly.”

[Ridhiman Balaji @ridhimaniac]

I’m a huge Neoplatonist, are you kidding? Rejecting materialism on metaphysical grounds is GOATED

[AFP News Agency @AFP]

The Indian workers training AI robots to take their jobs.

Paid to have a camera strapped to their foreheads, a growing army of thousands of AI system trainers in the world's most populous country are teaching machines how to move like humans in the real world – from folding towels to factory work
https://t.co/QrPvODw5ou

[The New York Times @nytimes]

Breaking News: The European Central Bank raised interest rates, the first major central bank to act to slow inflation set off by the war in Iran. https://t.co/zG0q9jhstk

[Middle East Eye @MiddleEastEye]

Belfast 'hit list' of migrants' homes circulated ahead of second night of riots

On Wednesday evening masked rioters fought with police near a hotel housing migrants in the Northern Irish capital

[Sarah @Sarahjdublin]

The absolute irony of English people being mad about ‘immigrants invading Ireland’

[Ridhiman Balaji @ridhimaniac]

Mr. McGregor comes out in favour of reactionary violence deliberately targeting immigrants...classy

[Ridhiman Balaji @ridhimaniac]

Getting caught up re #Belfast. Gotta hand it to The Right for exploiting tragedies in the worst way possible, real pieces of shit...