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#poliecon

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tanya tussing<p><span class="h-card" translate="no"><a href="https://econtwitter.net/@DeanBaker13" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>DeanBaker13</span></a></span> A sacred cow on life support? Did post-COVID inflation break the <br>NAIRU cult?</p><p>"The latest numbers on consumer prices arrived on Wednesday, and they were better than even optimists had expected. Even media reports, as far I can tell, generally omitted the “but concerns remain” qualifiers that have seemed mandatory when covering good news about the Biden economy."</p><p><a href="https://www.nytimes.com/2023/07/13/opinion/paul-krugman-soft-landing-inflation.html" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">nytimes.com/2023/07/13/opinion</span><span class="invisible">/paul-krugman-soft-landing-inflation.html</span></a></p><p><a href="https://mastodon.social/tags/PoliEcon" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PoliEcon</span></a> <a href="https://mastodon.social/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://mastodon.social/tags/fed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fed</span></a> <a href="https://mastodon.social/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> <a href="https://mastodon.social/tags/rates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>rates</span></a> <a href="https://mastodon.social/tags/jobs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>jobs</span></a></p>
tanya tussing<p>"the last 4 decades" were not "about the free market, it was about structuring the economy in ways that made the rich richer."</p><p>In 17 short ❡, <span class="h-card" translate="no"><a href="https://econtwitter.net/@DeanBaker13" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>DeanBaker13</span></a></span> debunks big chapters of the ✨ Market Magic 🪄✨ mythology regarding: financial sector, "free trade", and patents &amp; copyright monopolies.</p><p><a href="https://www.counterpunch.org/2023/07/03/the-myth-of-the-free-market-2/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">counterpunch.org/2023/07/03/th</span><span class="invisible">e-myth-of-the-free-market-2/</span></a> <br><span class="h-card" translate="no"><a href="https://a.gup.pe/u/economics" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>economics</span></a></span> <a href="https://mastodon.social/tags/PoliEcon" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PoliEcon</span></a> <a href="https://mastodon.social/tags/MarketMagic" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MarketMagic</span></a> <a href="https://mastodon.social/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a></p>
tanya tussing<p>Is Biden killing the free market?</p><p>"The media are really going overboard in telling us the days of the free market are over with Biden’s new economic policies. President Biden has quite explicitly implemented policies intended to reshape the direction of the economy, pushing clean energy and more domestic production of advanced semiconductors and other products. He also has reinvigorated anti-trust policy, which was... shelved...."</p><p><span class="h-card" translate="no"><a href="https://econtwitter.net/@DeanBaker13" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>DeanBaker13</span></a></span> : <a href="https://www.counterpunch.org/2023/07/03/the-myth-of-the-free-market-2/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">counterpunch.org/2023/07/03/th</span><span class="invisible">e-myth-of-the-free-market-2/</span></a></p><p><a href="https://mastodon.social/tags/PoliEcon" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PoliEcon</span></a> <a href="https://mastodon.social/tags/MarketMagic" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MarketMagic</span></a></p>