New Left EViews

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@NewLeftEViews

economist, writer • int'l & european political economy and macro, geoeconomics, history, climate • host: @eurotrashpod, @statesmarkets • ✍🏼 book on trade

London leusderoflastresort.substack.com Joined October 2009

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New Left EViews @NewLeftEViews Oct 9

An accompanying piece to my Odd Lots episode.
It's not just about the technicalities of comparing living standards: the obsession with relative decline and 'competitiveness' is a form of declinism: "the unwitting last refuge of great power delusions."

🧵 phenomenalworld.org/analysis/euros…

phenomenalworld.org Dominik Leusder | Eurosclerosis or US Decline? The debate about US and European competitiveness illustrates how narratives of economic decline and triumphalism tend to outrun their evidence

New Left EViews @NewLeftEViews 5h

Where do these people come from?

Lars Christensen @MaMoMVPY 19h

Do money or deficits explain the surge in inflation after 2019?

I rest my case.

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New Left EViews @NewLeftEViews 10h

Vol. 2715: Nobody understands anything about 18th century warfare and everyone condescends the past.

The Werewolf Verified account @Erwin_Rommel8 1d

هذا اغبى تكتيك عسكري بالتاريخ

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New Left EViews @NewLeftEViews 23h

It’s neither a science nor is it ‘value free’ (which is a red herring anyway) and there’s an ocean between this delusional proposition (that nobody serious believes) and the notion that it’s entirely what we make it to be, that everything is just political and that there are no constraints on political ambition that can adequately described by economics/political economy.

Cruz Marquis @CruzMarquis5 3d

Economics is ~value free~ science, a point that has been agreed on since the days of Max Weber. Economics knows no political masters, and when one attempts to impose a master on it, it stops being science and devolves into cheap activism.
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New Left EViews @NewLeftEViews 1d

There are dozens of us

Arin Dube Verified account @arindube 1d

I am probably one of the few people who believes we largely have a inflation problem due to high energy prices and their pass through to other sectors, and that the Fed should avoid raising rates to fight it, esp since no indication that wages are spiraling up from price growth.
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