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RaymondPierreL3<a href="https://mas.to/@RichardJMurphy/114725540709564741" rel="nofollow noopener" translate="no" target="_blank">https://mas.to/@RichardJMurphy/114725540709564741</a> For all those sprouting <a href="https://aus.social/tags/MMT" class="mention hashtag" rel="nofollow noopener" target="_blank">#MMT</a> in social media， this is as good an explainer as I have read/seen。 Boost to inform those not aware of what this <a href="https://aus.social/tags/EconomicTheory" class="mention hashtag" rel="nofollow noopener" target="_blank">#EconomicTheory</a> has to offer。<a href="https://aus.social/tags/Education" class="mention hashtag" rel="nofollow noopener" target="_blank">#Education</a>

RaymondPierreL32/2John Tons in his article (published by johnmenadue.com) reminds us that neoliberalism is purposely skewed towards private enterprises (deregulated markets) as the solution to all our social problems and while the flaws in this outlook where laid bare in the 2008 GFC and subsequent financial failures, this is still the mantra for not only our politicians, but our economists, and the general population at large because for the greater majority, this is the only system they’ve ever experienced. It’s very much a case of breaking out of a mindset which is required in order to think ‘outside the box’ and bring about some sanity (as well as social responsibility) to our thinking when we begin to elaborate new economic systems to address our common (supposedly intractable) problems. Whatever might come next, it is beyond time it should come. <a href="https://aus.social/tags/AusPol" class="mention hashtag" rel="nofollow noopener" target="_blank">#AusPol</a> <a href="https://aus.social/tags/Economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#Economics</a> <a href="https://aus.social/tags/NeoLiberalism" class="mention hashtag" rel="nofollow noopener" target="_blank">#NeoLiberalism</a> <a href="https://aus.social/tags/EconomicTheory" class="mention hashtag" rel="nofollow noopener" target="_blank">#EconomicTheory</a> <a href="https://aus.social/tags/Polities" class="mention hashtag" rel="nofollow noopener" target="_blank">#Polities</a> <a href="https://aus.social/@RaymondPierreL3/114702072194504132" rel="nofollow noopener" translate="no" target="_blank">https://aus.social/@RaymondPierreL3/114702072194504132</a>

Hacker NewsMercantilism<a href="https://en.wikipedia.org/wiki/Mercantilism" rel="nofollow noopener" translate="no" target="_blank">https://en.wikipedia.org/wiki/Mercantilism</a><a href="https://mastodon.social/tags/HackerNews" class="mention hashtag" rel="nofollow noopener" target="_blank">#HackerNews</a> <a href="https://mastodon.social/tags/Mercantilism" class="mention hashtag" rel="nofollow noopener" target="_blank">#Mercantilism</a> <a href="https://mastodon.social/tags/EconomicTheory" class="mention hashtag" rel="nofollow noopener" target="_blank">#EconomicTheory</a> <a href="https://mastodon.social/tags/History" class="mention hashtag" rel="nofollow noopener" target="_blank">#History</a> <a href="https://mastodon.social/tags/TradePolicy" class="mention hashtag" rel="nofollow noopener" target="_blank">#TradePolicy</a> <a href="https://mastodon.social/tags/Finance" class="mention hashtag" rel="nofollow noopener" target="_blank">#Finance</a>

RedNirgal<a href="https://mastodon.social/tags/Capitalists" class="mention hashtag" rel="nofollow noopener" target="_blank">#Capitalists</a> understand and accept <a href="https://mastodon.social/tags/Marx" class="mention hashtag" rel="nofollow noopener" target="_blank">#Marx</a> and his <a href="https://mastodon.social/tags/economicTheory" class="mention hashtag" rel="nofollow noopener" target="_blank">#economicTheory</a> more than what they think or want to admit. They know very well that <a href="https://mastodon.social/tags/machines" class="mention hashtag" rel="nofollow noopener" target="_blank">#machines</a> can't and don't create <a href="https://mastodon.social/tags/profit" class="mention hashtag" rel="nofollow noopener" target="_blank">#profit</a>. Only <a href="https://mastodon.social/tags/humanlabour" class="mention hashtag" rel="nofollow noopener" target="_blank">#humanlabour</a> produces profit.<a href="https://mastodon.social/tags/Automation" class="mention hashtag" rel="nofollow noopener" target="_blank">#Automation</a> and <a href="https://mastodon.social/tags/AI" class="mention hashtag" rel="nofollow noopener" target="_blank">#AI</a> will <a href="https://mastodon.social/tags/free" class="mention hashtag" rel="nofollow noopener" target="_blank">#free</a> <a href="https://mastodon.social/tags/humans" class="mention hashtag" rel="nofollow noopener" target="_blank">#humans</a> from certain kinds of <a href="https://mastodon.social/tags/labour" class="mention hashtag" rel="nofollow noopener" target="_blank">#labour</a> only when we abandon capitalism and the chase of profit.<a href="https://time.com/6247678/openai-chatgpt-kenya-workers/" rel="nofollow noopener" translate="no" target="_blank">https://time.com/6247678/openai-chatgpt-kenya-workers/</a>

Sophie 🏳️‍⚧️ 💜 🎹 🪗I asked for a pint of estrogen at the pharmacy, but this is all they gave me. Is this a sign of a looming recession? <a href="https://glammr.us/tags/trans" class="mention hashtag" rel="nofollow noopener" target="_blank">#trans</a> <a href="https://glammr.us/tags/estrogen" class="mention hashtag" rel="nofollow noopener" target="_blank">#estrogen</a> <a href="https://glammr.us/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#recession</a> <a href="https://glammr.us/tags/EconomicTheory" class="mention hashtag" rel="nofollow noopener" target="_blank">#EconomicTheory</a> <a href="https://glammr.us/tags/PintOfEstrogen" class="mention hashtag" rel="nofollow noopener" target="_blank">#PintOfEstrogen</a>

StrypeyBank economist inadvertently admits that neoclassical economic theory has little to do with reality:"Good to see the economic theory playing out in reality, for once."<a href="https://mastodon.nzoss.nz/tags/KelvinDavidson" class="mention hashtag" rel="nofollow noopener" target="_blank">#KelvinDavidson</a>, Chief Property Economist, <a href="https://mastodon.nzoss.nz/tags/Corelogic" class="mention hashtag" rel="nofollow noopener" target="_blank">#Corelogic</a><a href="https://www.rnz.co.nz/national/programmes/morningreport/audio/2018884737/house-prices-dropping-but-still-30pct-higher-than-pre-pandemic" rel="nofollow noopener" target="_blank">https://www.rnz.co.nz/national/programmes/morningreport/audio/2018884737/house-prices-dropping-but-still-30pct-higher-than-pre-pandemic</a><a href="https://mastodon.nzoss.nz/tags/economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#economics</a> <a href="https://mastodon.nzoss.nz/tags/EconomicTheory" class="mention hashtag" rel="nofollow noopener" target="_blank">#EconomicTheory</a> <a href="https://mastodon.nzoss.nz/tags/NeoClassical" class="mention hashtag" rel="nofollow noopener" target="_blank">#NeoClassical</a> <a href="https://mastodon.nzoss.nz/tags/banking" class="mention hashtag" rel="nofollow noopener" target="_blank">#banking</a>

MateoInteresting take on Hayek with which I wholeheartedly agree, that were it not for his crass right-wing personal politics his economic philosophy might well have been embraced by hippies.<a href="https://mapstodon.space/tags/EconomicTheory" class="mention hashtag" rel="nofollow noopener" target="_blank">#EconomicTheory</a> <a href="https://mapstodon.space/tags/libertarianism" class="mention hashtag" rel="nofollow noopener" target="_blank">#libertarianism</a> <a href="https://mapstodon.space/tags/BookReview" class="mention hashtag" rel="nofollow noopener" target="_blank">#BookReview</a> <a href="https://www.lrb.co.uk/podcasts-and-videos/podcasts/the-lrb-podcast/the-hayek-puzzle" rel="nofollow noopener" target="_blank">https://www.lrb.co.uk/podcasts-and-videos/podcasts/the-lrb-podcast/the-hayek-puzzle</a>

Daniel MackisackOn the creative vacuum of leadership, the senseless occupation of humanity...and what we all might do next."Economies and entire civilizations have been built around whatever gives people more stuff to do. But just doing stuff, isn’t enough."<a href="https://mstdn.social/tags/Economics" class="mention hashtag" rel="tag">#Economics</a> <a href="https://mstdn.social/tags/Capitalism" class="mention hashtag" rel="tag">#Capitalism</a> <a href="https://mstdn.social/tags/Violence" class="mention hashtag" rel="tag">#Violence</a> <a href="https://mstdn.social/tags/BoredApes" class="mention hashtag" rel="tag">#BoredApes</a> <a href="https://mstdn.social/tags/Socialism" class="mention hashtag" rel="tag">#Socialism</a> <a href="https://mstdn.social/tags/JobCreation" class="mention hashtag" rel="tag">#JobCreation</a> <a href="https://mstdn.social/tags/SocialTheory" class="mention hashtag" rel="tag">#SocialTheory</a> <a href="https://mstdn.social/tags/EconomicTheory" class="mention hashtag" rel="tag">#EconomicTheory</a> <a href="https://mstdn.social/tags/Automation" class="mention hashtag" rel="tag">#Automation</a> <a href="https://mstdn.social/tags/BasicIncome" class="mention hashtag" rel="tag">#BasicIncome</a> <a href="https://mstdn.social/tags/Creativity" class="mention hashtag" rel="tag">#Creativity</a> <a href="https://mstdn.social/tags/History" class="mention hashtag" rel="tag">#History</a> <a href="https://mstdn.social/tags/Inequality" class="mention hashtag" rel="tag">#Inequality</a><a href="https://medium.com/best-guess/bored-apes-2ef3be50cf0e" target="_blank" rel="nofollow noopener" translate="no">https://medium.com/best-guess/bored-apes-2ef3be50cf0e</a>

DTCochrane<a href="https://econtwitter.net/tags/EconomicTheory" class="mention hashtag" rel="nofollow noopener" target="_blank">#EconomicTheory</a> must account for <a href="https://econtwitter.net/tags/power" class="mention hashtag" rel="nofollow noopener" target="_blank">#power</a>.

Marciano Siniscalchi 🇺🇦Really happy to see this paper published: <a href="https://econtheory.org/ojs/index.php/te/article/view/20221619" rel="nofollow noopener" target="_blank">https://econtheory.org/ojs/index.php/te/article/view/20221619</a>Two reasons. First, a number of (IMHO) important recent papers are finally unlocking the potential of epistemic game theory to push the frontier beyond equilibrium in significant economic applications. This paper definitely belongs to this category.Second, Luciano Pomatto was my student back in the day, and I had a lot of fun learning from him. Congrats! And someone please get him on 🐘 <a href="https://econtwitter.net/tags/econtwitter" class="mention hashtag" rel="nofollow noopener" target="_blank">#econtwitter</a> <a href="https://econtwitter.net/tags/EconomicTheory" class="mention hashtag" rel="nofollow noopener" target="_blank">#EconomicTheory</a>

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