Paulo L. dos Santos
13.1K posts

Paulo L. dos Santos
@plbds
Political Economist, often mathematically. Associate Professor of Economics @NSSRnews. Formerly @SOASeconomics. Thinking Marxist. #InformationTheory, #futebol

White House statement tonight: “President Trump does not bluff. He is prepared to unleash hell. Iran should not miscalculate again.” “Iran has been defeated militarily. Any violence beyond this point will be because Iran refused to understand they have already been defeated.”

New image reportedly showing the USAF E-3 Sentry destroyed in an Iranian attack at Prince Sultan Airbase on Friday. Matches 81-0005, an E-3C seen deployed to the base in recent weeks.

Tony Blair: We must end left’s unholy alliance with the Islamists #Echobox=1774731436" target="_blank" rel="nofollow noopener">thetimes.com/comment/column…

This image from the @FT shows how the war in Iran could have dramatic effects on global food security. Without natural gas, ammonia and urea—key nitrogen fertilizers—cannot be produced. Without them, crop yields collapse.


Canada shares its condolences with the UAE following the latest Iranian attack that took the lives of two civilians in Abu Dhabi. We strongly condemn Iran’s unprovoked attacks on the UAE and across the region, and reiterate the importance of opening secure access through the Strait of Hormuz. Canada supports efforts to safeguard international shipping and ensure freedom of navigation.


The most remarkable feature of economic reality is how neatly it configures itself as homogeneous linear effects of observables on mean outcomes, with all latent heterogeneity and interaction structures reducing themselves to sufficiently well-behaved error terms. 🙄#EconTwitter







The view that the dollar’s reserve currency status is responsible for its deficits is a terribly flawed view.


1/4 I am a little surprised by these comments from the governor of the PBoC. According to Yicai, yesterday he said that "the world’s major deficit countries are the same as 40 years ago because of the inherent flaws in the international monetary system." yicaiglobal.com/news/major-def…








