Sanjeev_Kumar

Writing on political economy

[Sanjeev_Kumar @waronpathocracy]

I write on politics and political economy.

My blog on substack ->

https://t.co/RQ3yaj8aCM

My blog on blogspot ->

https://t.co/w9fYquVIcB

[Sanjeev_Kumar @waronpathocracy]

Hi @BevansAdvocate , can you suggest some RECENT books on design flaws in European union and Eurozone and how they stifle economic progress. Books on critical perspective towards European union. Thank you.

[Sanjeev_Kumar @waronpathocracy]

@DeanBaker13 Since when did Tariffs threats made return? Didn't SCOTUS judgement settled tariffs issue?

[CEPR @ceprdc]

#NEW STATEMENT: CEPR Calls for a Full Lifting of Sanctions in Response to Venezuela Earthquake 🇻🇪

Washington, DC ― The Center for Economic and Policy Research is calling for the US and other countries to lift all sanctions against Venezuela in the wake of Wednesday’s devastating earthquakes. The ability of governments, civil society, and individuals to provide funds and humanitarian support to Venezuela will be severely hindered while these sanctions remain in place, CEPR experts warned.

“We have seen in previous instances how US sanctions have restricted and hampered earthquake relief efforts,” CEPR Director of International Policy Alex Main said. “Most immediately, the Trump administration can avoid the kinds of mistakes made by the previous administration in response to the Syria earthquake in 2023, when lives were lost due to the Biden administration’s belated and limited sanctions waivers. The Venezuelan government must be free to receive and allocate earthquake relief and to send humanitarian support to those who need it. Current US and other sanctions threaten to hobble the overall earthquake response.”

While the Trump administration has issued a series of general licenses to allow foreign businesses and banks to operate in Venezuela in spite of US sanctions, the continued existence of these sanctions significantly discourages international economic and financial actors from expanding operations there.

Research by CEPR economists and other international sanctions experts has shown that overcompliance leads to sanctions having a harsher and broader impact than policy-makers may expect, as aid groups, corporations, and other foreign actors pull back out of fear of running afoul of sanctions. Despite the changed nature of the US-Venezuela relationship following the US abduction of President Nicolás Maduro amid a military raid on Caracas, the Trump administration maintains many sanctions that could hinder foreign aid and relief efforts.  Similarly, the governments of the United Kingdom and Portugal should act immediately to secure the release of billions of dollars of Venezuelan assets held by the Bank of England and Novo Banco so that these financial resources, which are the property of the Venezuelan state, can be deployed to support humanitarian and reconstruction efforts.

“We must remember that Venezuela suffered the worst depression in the history of the world, without a war, due to illegal US economic sanctions,” said @MarkWeisbrot, CEPR Co-Director. “IMF data shows a loss of 74 percent of GDP in eight years. This deadly destruction was not a mistake, but an expected result that would happen to any country that was cut off by sanctions from the international financial system, and also from the vast majority of its foreign exchange earnings from exports.

“Tens of thousands, and more likely hundreds of thousands, of Venezuelans died as a result of those sanctions. The United States is therefore obligated to help prevent further loss of life in Venezuela,” he said.https://t.co/ToVm0hDoNO

[Sanjeev_Kumar @waronpathocracy]

@Vidyut Sorry for your loss Vidyut. My condolences.

[Sanjeev_Kumar @waronpathocracy]

@StephanieKelton

[Sanjeev_Kumar @waronpathocracy]

https://t.co/Pc8BrBEzzF

[Sanjeev_Kumar @waronpathocracy]

@YanLian31677392 @kyleichan

[Sanjeev_Kumar @waronpathocracy]

https://t.co/Pc8BrBEzzF

[Yanis Varoufakis @yanisvaroufakis]

Ο Άλαν Γκρίνσπαν μας αποχαιρέτησε σήμερα. Ο άνθρωπος που το σύστημα είχε αναδείξει ως τον «κεντρικό τραπεζίτη των κεντρικών τραπεζιτών» και ο οποίος λάμβανε ως αλήθεια την πλάνη ότι οι αγορές είναι θεότητες και η ασταθεία αρετή.

Ο επιτάφιός του; Μια μοναδική, λαμπρή ομολογία: «Βρήκα ένα ελάττωμα στο μοντέλο μου για τον κόσμο». ¨Ένα ελάττωμα", ομολόγησε, λες κι επρόκειτο για σωλήνα που στάζει αντί για την ολοκληρωτική και με αναστρέψιμη κατάρρευση του νεοφιλελεύθερου ιδεολογήματος που τον ανέδειξε σε «Μάντη των Αγορών». Ποιον; Έναν κύριο που, για δεκαετίες, κήρυττε ότι το προσωπικό συμφέρον του αρπακτικού ήταν το αόρατο χέρι του κοινού καλού.

Τότε, το 2008, όταν το θεριό καταβρόχθησε τις αγαπημένες αγορές του, προς τιμήν του, ο Γκίνσπαν αμφιταλαντεύτηκε, παραδεχόμενος ότι ολόκληρη η κοσμοθεωρία του —αυτή που οι κεντρικοί τραπεζίτες είχαν αναγάγει σε δόγμα και η "καλή κοινωνία" είχε καταπιεί αμάσητη— ήταν ένα παραμύθι επικερδές για τους εισοδηματίες.

Φυσικά, ο Γκρίνσπαν δεν παραδέχτηκε την ευθύνη του. Αυτό θα απαιτούσε ηθική πυξίδα, ένα εργαλείο που απουσιάζει εμφανώς από την εμπνευσμένη από την Άιν Ραντ εργαλειοθήκη του. Όχι, απλώς ομολόγησε την αστοχία του και κατόπιν επέστρεψε στην σιωπή του.

Αντίο, λοιπόν, Μαέστρο. Βοήθησες να χτιστεί μια χυδαία παγκόσμια οικονομία-καζίνο, αλλά τουλάχιστον είχες την ευπρέπεια να διαβάσεις δυνατά την έκθεση της αυτοψίας της. Δυστυχώς, αμέτρητα εκατομμύρια εξακολουθούν να πληρώνουν το σφάλμα στο μοντέλο σου.

https://t.co/ftWXeIeAQr

[Sanjeev_Kumar @waronpathocracy]

@IsabellaMWeber

[Sanjeev_Kumar @waronpathocracy]

https://t.co/Pc8BrBEzzF

[Sanjeev_Kumar @waronpathocracy]

https://t.co/Pc8BrBEzzF

[Sanjeev_Kumar @waronpathocracy]

@ptcherneva I recently read The Globotics Upheaval by Baldwin and my instant reaction was how obviously we will need JG in future to tackle coming job dislocations due to automation, productivity boom of AI.

[Sanjeev_Kumar @waronpathocracy]

@DeanBaker13 Dean what do you think about this? Your position is that government should stake R&D claim in technological innovation. Should US invest in Open AI? Or is it a backdoor bailout to AI companies? Your thoughts.

https://t.co/s5o2xp8gog

[Sanjeev_Kumar @waronpathocracy]

@DeanBaker13 BBC need to do more reporting and investigative work on Epstein files. US is run by Epstein class.

[Sanjeev_Kumar @waronpathocracy]

@karunanundy Present set of SC judges are some of the most corrupt & incompetent in history of Supreme court. Their outrageous judgments, their supineness & enabling demolition of constitution by political class is on full display. Do you have power to speak up on that? Start with CJI.

[Sanjeev_Kumar @waronpathocracy]

@karunanundy Power means able to speak up against injustice of all forms. How much have you spoken up against corruption, malignancy & intellectual bankruptcy of SC since 2024? Prashant Bhushan doesn't hesitate.

You reduced power to being able to express parochial issue of menstrual leave.

[Sanjeev_Kumar @waronpathocracy]

@DeanBaker13 Fetterman is completely compromised and brain damaged? Looks like a good candidate for President in today's America.

[Sanjeev_Kumar @waronpathocracy]

@Lumikai @karunanundy @Spotify @outlookbusiness Alpha male in today's toxic culture is a man who's egotistical, chauvinistic and unscrupulous. You want to identify yourself as Alpha woman?

[Sanjeev_Kumar @waronpathocracy]

@BevansAdvocate thanks

[Sanjeev_Kumar @waronpathocracy]

@mynameswatik PM's degree cannot be traced but he's PM anyway. He's an inspiration but not in a good way.

[Sanjeev_Kumar @waronpathocracy]

@BevansAdvocate Thanks. Already read Frey, Haskel and Baldwin. Good books. BTW, any newer books on AI 2025 & 26?

[Sanjeev_Kumar @waronpathocracy]

@mkvenu1 Beggars are not choosers. BJP has made India into a beggar nation.