trade econ liker
@twst12612648
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density appreciator, full employment enjoyer, free & fair elections doubter
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@SomeLatinWord
you should try to read proper formal philosophy for once instead of edgy teen drivel.
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meanwhile the most "successful" metro network in endia actively discourages this through armed guards.
they would rather forego additional revenue than allow undesirables
Farmers take the subway to sell vegetables in the city.
Chongqing, the first subway train in the morning.
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@PradyuPrasad
not sure if you're trolling but progress in philosophy doesn't work that way, here is a good primer.
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@worsematt
thailand activated their high iq genes and deactivated them before reaching the frontier - middle income trap IQ theory
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@PEWilliams_
I'm poor (once you account for my consumption) is take that reappears in various forms
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@HowUDoKen
@HunterAA6
rich people moving into poor countries is overwhelmingly good for most blue collar service staff who are in hospitality or local technicians (apart from having other positive effects)
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@Noahpinion
i think Hausmann pointed out that in MX a lot of cities have very high income, close to developed countries while certain regions have very low incomes, pulling the average pc income down. MX might not be experiencing regional convergence. high MVA is concentrated in few cities
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@a_Man_Sagar
@peegeekay
the actual solution costs 0 rupees, but it involves depriortizing cars.
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these guys like to pretend that bjp bought an industrial revolution in endia while every single metric of aggregate growth was lower under bjp regime. aggregate growth, real wages, FLFP, manufacturing share of employment. things that were ok were on the trend nothing exceptional
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daily reminder that brain drain is not a thing almost anywhere & specially not for indian software services sector. migration of indians to the US was critical in establishing software exports & opening up of new home market opportunities, fdi inflows
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@active_mobility
reclaimed from productive activities and diverted to unproductive idle use (free / subsidized parking) 🤡
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@krishnanrohit
"the liberals criticized me so we started voting for hitler" alright buddy and ofc marc Anderssen is your source lol
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@Vatsal_Sanghvi
gujrat is the most hiterlite state after assam. ppl there have a problem with your religion, food choice, drinking etc. it thrives not because of its culture but despite it
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least genocidal hindu
Around the Kargil War an NGO was going around schools screening a documentary on the horrors of nuclear war. At the end they would ask if someone still believed India should nuke Pak. I put my hand up and exclaimed "Yes!"
Hardliner to hum tab se hi hain.
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need below room temperature IQ to not realize if that were true she would have been doing something else like hiring landless laborers to work the farm
Today I learned that the maid who has been with my family for 20 years has 30 acres of land in her village .
Technically she is richer than me
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just reading the most basic bare minimum texts and/or lectures would have stopped him from making such smooth brain arguments. all of these are addressed. it is generally extremely hard to make a utilitarian case against veganism that isn't humans enjoy meat
Veganism is both the moral and nutritional equivalent of being a flat earther. It is a diet of deficiencies that is especially unhealthy for children.
But considering just the moral point for a moment, there are two implicit claims to address...
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you will never guess what this is a reply to
Only a Bengali Bhadralok can crow over the secularism of Bengali Hindus right at a time when their brethren face a new phase of persecution from Islamists across the border in a long-drawn out saga of slow-motion ethnic cleansing.
What is the point of your secularism if you can't
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@HowUDoKen
@HunterAA6
the people who are complaining are mostly wealthy rich natives who use the services of these blue collar workforce - who would see the price of these hospitality services going up
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perennial main character syndrome
Jaishankar should use this event to shut up the next American/Western blabbermouth offering a lecture on democracy.
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@chiragbarjatyaa
@sethposting
@_vonarchimboldi
guy looks at europe and concludes there should be more gated societies instead of public parks
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@Japaakusum
@ewyuckugh
ngl, being half naked around 20 something stranger girls is borderline pedo behavior. stop normalizing it, put some clothes on
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@worsematt
media actively does the opposite like demonizing CPS workers as always wanting to separate the child from the parent
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what bjp thinks today, noah thinks tomorrow
Banning TikTok is about cutting down on the "weaponized interdependence" that allowed China to control its own internet completely while also exerting influence over America's internet.
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- poor country
- poor country
- stagnant wages
- tips
- slavery
ok
Best service I've had:
- Thailand (fast and super friendly)
- Brazil (fast and everything is possible)
- Japan (fast, high quality, polite, friendly)
- US (depends ofc, but generally waiters work for tips so they incentivized to check up on you etc)
- Dubai (fast, friendly)
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lot of people genuinely believe that their personal shortcomings are because of reservations or other affirmative action programs
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@ornob0792
warmest ppl is when service class is docile and subservient.
these people should visit large US cities for a culture shock
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@EccentricEnbyy
@ConradkBarwa
in india transphobia is so ingrained that xx is treated as a synonym for women. only recently in the US such stuff is being called out. this person is very likely transphobic but her tweet is probably not
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@CommenterSerial
its the richest city, so everyone has either cars or motorcycles. its like a slightly better version of salt lake because of cycle lanes
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@Nowooski
output per hour is more or less very close or higher between most WE(germany, france, sweden, norway etc) & the US. difference in gdpc mostly comes down to more vacations/leave time in western europe. spain has other issues. But other like finland/poland/romania are catching up
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a single bumfuck town in Netherlands generates more value than all startups in BLR combined. keep coping
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if you understand this please logoff and touch some grass
People who can't run RCTs (macro and low T micro) parse information through a consensus filter as a safety mechanism. They literally do not ask 'is this true,' they ask 'will others be OK with me thinking this is true.'.
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@LittleKeegs0
@Vishi_Divine
i think the first point is actually correct, men don't share chore work so women with education, employment etc choose to have fewer children. its true that men didn't share chore work in the past but women weren't as empowered in the past! a lot of women had no choice earlier
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never understood this tendency to justify redistribution with growth. redistribution should be done regardless of its effect on growth and doesn't need to be growth enhancing - don't give half read right wing trolls free talking points.
When Nobel Laureate Nouriel Roubini makes those unsparing remarks on "crony capitalism", you know there is something seriously wrong with Indian economy.
He says that India has not been able to grow at more than 6% because crony capitalism is holding the country back.
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@kaliyuga_surfer
getting mad at a town celebrating their local sports celebrity is peak emotionally stunned behavior
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@kyleichan
EV boom actually solves a problem, "AI boom" is for the most part a solution looking for problems to solve
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never ask a woman her age, a man his salary and a economist/polcybro what's "A"
Everyone wrongly bases policy on
Y = C + I + X - M + G
when they should instead base policy on
Y = AL¹⁻ᵅKᵅ.
We should be A-maxxing.
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reactionary gender essentialist view coated in progressive language lol. we're ngmi
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@number_speaks
@mohakmangal
@Stats_of_India
irrelevant since neither your 50K friend or 1L friend make much difference to these data points. the amount of indians who even cross the 40K income mark are vanishingly small. the amount of indians who own land or other such assets is even smaller.
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@DavidSligar
Finland industrialised thanks to Stalin though. (war reparations to Stalin in the form of variety of mfg equipments forced Finland into a defacto export discipline routine without elite capture because "discipline" came from the Soviets)
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is this why VCs in endia systematically overestimate the size of various markets? stems from inability to divide by 12
@EmergingRoy
This home thingy costs like Rs. 1000. It's affordable for anyone making even per-capita (which is Rs 170,000).
It's the worker's wage that is low enough so that this is affordable; but the reason you can't do this in the US is regulatory.
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@Sturgeons_Law
nooo you don't understando, I'm von neumann. i can derive stuff from first principles. no memorization for me! anyway here is my chatgpt wrapper that you can use for $1000/month or 100k/year subscription
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brain drain argument are usually dumb but this is is special kind of dumb since her work is in fundamental science. if using equipments and capital of a rich country she can produce new knowledge that benefits the whole world.
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@abhu_tyagi
i cannot imagine how anyone can take crime stats of a poor country literally, by that logic india has less sexual violence than the US or Sweden.
its well known that crime stats are heavily underreported in most poor countries. so higher reported crime means *lower* crime rate
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after deducting out my consumption I've less money left, more news at 11.
In Vishwagorilla, even if you earn 40LPA, you would live like a bug if you have no generational wealth.
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you're literally the meme
If you believe Rawls is correct, you would have to believe that a world where almost everyone is extremely well-off, but one person is slightly worse off than a medieval peasant, is worse than a world where everyone is a medieval peasant. Maximum risk aversion is bad!
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this guy is such a retard. wait till he learns that even the richest quintile of people in india have lower learning outcomes than the poorest quintile in finland. this is not some point about racial difference but about industrialization, the quality of schools & income
@whstancil
The World Bank maintains a database of Harmonized Learning Outcomes, school achievement test scores on an SAT-like scoring system where 500 is the norm and 100 the standard deviation. Singapore is best at 575 and Niger worst at 305, 2.7 SDs lower:
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campaigning to jail opponents is different than actually jailing opponents right before election. hope that clear things up
This. It is esp. amazing to hear Americans say this with their (1) politican prosecutors who win elections *campaiging* to jail opponents, (2) 2 parties often with non-existent primaries, (3) electoral votes not popular votes, (4) no voter ID, (5) total corporate control etc etc
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@riachops
man, why would you say pop culture is a serious driving force and then go on to give examples of the most uninfluential mundane stuff
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if you understand this you need to log off and touch some grass
r/neoliberal becoming a generic liberal sub and not one for wonky open-borders ex-r/badeconomics users has been a disaster
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@ShazCoder
this is what happens when the smartest minds are optimizing python microservices or building models to target ads better
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@ngpsu22
subsidizing housing can make sense if the market doesn't build at the rate it needs to, also there are obvious social benefits of people having housing that cannot be appropriated by private agents building houses
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absolute powerhouse 😂
maruti 800 and swift isn't something that are globally competitive, its wasteful subsidy for domestic industrialists. cars & car parts are < 1% share of total exports.
I would qualify this though. Our levies on automobiles has helped create a manufacturing eco system that is an absolute powerhouse in the sector. The inconveniences of the rich kind of pale in comparison. Indian cars are still have a long way to go. Especially on safety.
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@SentientPotato6
I'm sure there is some sub discipline of metaphysics where that can be argued
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@HowUDoKen
@HunterAA6
rent increases are due to housing shortage. and yes we would need a Mexico specific study to know if the net effect is +ve. But until we have that we need to rely on the existing literature of migration to guess the possible effects.
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@Noahpinion
first two decades they could be reaping gains from both cross sector labor reallocation + within sector productivity growth. eventually you run out of surplus labor and you're only left with within sector productivity growth as the main driver of economy wide growth
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imagine turning a movie trip into some gormint bad shitick, hustle never stops ig
Just watched Oppenheimer. With zero sense of irony, in a movie about the making of the atomic bomb, there is a “smoking kills” disclaimer on screen for most of the running time (thanks to Indian government regulation of film screening).
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@besttrousers
this guy along with that levelsio guy are like a constant source of misinformation/conspiracy about the US economy
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@tiredgenerally
i don't buy the "those perks are there to keep you there for long hours". they're non wage benefits like air conditioning
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@championswimmer
ah yes zomato & target, truly the pinnacle of technical firms to learn best practices from. why is this shit on my tl
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export promotion or import substitution gets korean growth wrong. Korean growth boom started before their export boom in the 1960s and much before whatever specific ISI policy is being discussed here. something internally changed, the state was able to coordinate private sector
The first step of any successful industrial policy is to build local production through import sub or by leveraging the local demand like the PLI or chips act aims to do. export promotion is the next step which happens through trade liberalization/FTA
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@jdcmedlock
very similar to all encompassing welfare state reducing Luddite sentiments in workers
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good. crypto, edtech, gambling and delivery startups should be treated no different than real estate speculation
One of the most striking charts this year:
China’s startup ecosystem has almost completely collapsed in the last 5 years.
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not sure if he is aware or not but reservation makes an enormous difference in reducing intercaste inequality lol.
The effed up part about the woke left-libs in India is they would sooner ape the West and hunt for caste gremlins in entrance exams to bring equity, than invest in basic health and education that can actually make a difference. Premature Imitation strikes again.
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imagine if your entire twitter personality was just tagging people, couldn't be me
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imo the coffee market in india is an eg of credit mkt imperfections. real coffee is often cheaper than instant (~170/100g vs 250+/100g) in the long run. but because of credit constraints people cannot often buy equipment to make real coffee, which leads to instant dominance.
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@bocxtop
brain so poisoned that the first thing that came to my mind was a tech team standup. Spent a minute wondering why a coworker called you that
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@CommenterSerial
people in the comments are like
> visited kolkata
> except two localities rest are not good
> two areas being newtown and saltlake 💀
bro picked up the two least dense, least mixed use parts of the whole city
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@NirantK
@misandristbb
serum was born out of decades of import substitution & subsidies by the state. no one learns or has the expertise to manufacture vaccines within a few months. serum could do it because multi decacdal state investment that went into making pharma industries globally competitive.
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two types of ppl in the replies 😂
> racists saying its all selection effects
> indien nationalist saying endia isn't third world (when its poorer than most latin america)
Does this guy know that Indian Americans are the highest-earning ethnic group in America?
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is it really so bad not having homegrown crypto scams, subsidized delivery or carpooling, rohingya genocide website, bloodtest scams or the insufferable "e/acc" crowd? idk
Nice work! Explains why Europe has zero tech industry and so much of its best talent decides they have a brighter future in America.
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removing cycle rickshaws by fiat is not a win. the reason rich countries that they try to mimic doesn't have rickshaws is because everyone is prosperous enough that noone needs to become a rickshaw driver. which is not the case with karnataka. this is similar to slum demolition
Cycle rickshaws were banned in Chennai in 1960's. Looks like it's the same case with Karnataka.
I can't believe that Northern India still continues with the inhuman practice
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ik it sounds crazy, but my mum actually believes this 🤡
@worsematt
No you see your maid, driver, and cook also themselves have maids, drivers, and cooks who themselves have maids drivers and cooks, in and on forever.
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guy routinely flies down from Australia to defend modi on my tl. gotta respect the grind
The transformation of Andy Mukherjee from an insightful business economy commentator to a standard issue anti-Modi oped artist is complete. Yer another victim of Modi Derangement Syndrome.
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@PJ11819211
there are lots of innovation indices that places European countries at the top, just google. the ones that exclude europe get popular on twt because of rampant belief that tech is consumer facing internet ponzi schemes
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@Noahpinion
@BlueCheese608
@scienceisstrat1
Bhalla is a repeat offender and not a legit source, poverty has declined but not as much as he thinks (fun fact, both the authors are massive modi simps and think demonetization was net good, at this point nothing by them should be taken seriously)
Bhalla et al go back to the traditional approach of projecting poverty from national accounts. But they make two big adjustments, yielding much less poverty.
10/
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