Blair Fix @[email protected]

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Blair Fix @blair_fix@mastodon.online

@blair_fix

Political economist. Blogger. Scientist. Editor: Review of Capital as Power. Support my research here: https://t.co/D2DdXlIWaK

Edmonton Alberta Katılım Mart 2019
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Relearning Economics
Relearning Economics@RelearningEcon·
Fractional reserve banking is one of the most persistent myths in economics. It sounds technical, but it describes a world that no longer exists, and pretending it does keeps us misunderstanding how banks actually create money. 🧵1/12
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James Young
James Young@JamesYo43532848·
Rates and inflation move together (Fisher-style co-movement), so claiming “rate hikes reduce inflation” is at odds with the obvious pattern. The paper emphasizes the positive coupling and the discipline’s “cognitive dissonance” in reversing it to a down-regulation story. Confidence: High (≈90–95%) — it’s a robust descriptive regularity. @blair_fix economicsfromthetopdown.com/2023/02/19/int…
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Blair Fix @blair_fix@mastodon.online
I used to think that infinite scroll was cool, but I've come to believe that it's killing the internet. It emphasizes meaningless stimulation over active reading. Hence, I've removed the infinite scroll from my blog home page. Here's the updated home: economicsfromthetopdown.com
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joseph francis
joseph francis@joefrancis505·
In this article, Magness and Makovi have done a public service. They have accidentally shown how nonsense is being published in major economics journals. As such, there are broader lessons to be learned from the Synthetic Marx Affair. Here goes… 1/15
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