Threads
1/ To understand the politics of freebies, we must understand that modern tech and finance have enabled consumption on a large scale, *without bring able to participate in the prod...
1/ Very interesting thread on Colombia (pop. 52 million) wanting to restore basic industries and jobs and restore balance in their external trade. Is it possible? Yes. There are s...
1/ The Credit Suisse crisis demonstrates yet again the extreme fragility of the global financial system, caused by decades of central bank madness, with endless QE distorting finan...
1/ With vicious personal attacks and slander on my character, it is time for me to respond. This is a deeply painful personal thread. My personal life, in contrast to my business...
1/ Rural Hindu society increasingly runs on the shoulders of overburdened women. Alcoholism among men and loan sharking are causing enormous suffering. Men feel trapped in these v...
1/ How can India produce globally competitive companies like Apple, Google, Pfizer, Samsung, Honda, Boeing, Siemens, TSMC or Huawei? Why are these companies so important to their...
1/ One argument advanced against freely tradable import credits whose total quantity is tied to total exports is that it takes us back to License Quota Raj or that it is "socialist...
1/ India imported 31% more from China so far in 2022 while exporting 36% less. Chinese economy is so structurally distorted, it can only produce and not consume. As a recent examp...
1/ India's thinking is dominated by English, which means it is shaped by what goes on in the US and UK. I will explore some consequences here. First let's come to economics. Both...
1/ I spent over 4 years in my PhD deep inside mathematical models of wireless systems. It slowly dawned on me that the professors were addicted to the models themselves and never e...
1/ It is worth understanding why the US has persistent skill shortages, even during periods of high unemployment: the US economy is structurally distorted so badly due to years of...
1/ Rajan echoes the conventional-economist thinking that focuses on efficiency gains from trade and totally ignores resilience and the benefits of a diversified jobs mix in a regio...