Rashid Ali
@Rasced_AleyStudent of Economics and Public Policy. Retweets/Likes do not mean endorsements.
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The IMF forecasts: inflation-adjusted GDP in Argentina will *decline* by 3.5% in 2024 (YOY). The poverty rate increased from 42% to 53% during the first six months of Milei's presidency. Still, many are cheering Milei as if he were a policy genius. Ideological. @MichaelAArouet
Mainstreaming Evidence-Based AI Policy continues with an excellent @WSJ editorial by @jasonfurman Six rules for AI Regulation 🧵:
Does the nationality of capital matter? In short: Yes. This thread summarizes my article just published in the Cambridge Journal of Economics, which examines how the nationality of capital affects long-term economic growth.
In light of the RBI once again depleting reserves substantially, re-upping the piece by @FelmanJosh and me on the costly change in the exchange rate regime
Why Investment‑Led Growth Lowers Chinese Living Standards libertystreeteconomics.newyorkfed.org/2024/11/why-in…
1/9 Jacking up interest rates to bring down inflation hits people on moderate incomes harder than the better off. Bluntly, it's a ridiculous, outmoded way of trying to bring down prices...
Why Do Banks Fail? Three Facts About Failing Banks libertystreeteconomics.newyorkfed.org/2024/11/why-do…
Payments through Palm Scan in China @nadeemhaque @AbdulRehman0292 @bilalgilani @Asad_Ashah vm.tiktok.com/ZSjH1m4sy/
IMF warns China not to launch retaliatory tariffs against the US and Europe But the IMF doesn't warn the US and Europe for starting the tariff attack in the first place And people wonder why the Global South hates the IMF and World Bank, essentially tools of imperialism &…
Lex's masterful interview with Milei reveals something rare: A leader who doesn't just talk about change but shows exactly how to achieve it. I highly suggest you watch the entire podcast: youtube.com/watch?v=8NLzc9…
China and Pakistan announce first joint counterterrorism drills in 5 years scmp.com/news/china/mil…
2/2 As a former Wall Street guy I feel like a traitor to my class for saying this, but I definitely think we need someone who is more concerned about the productive capacity of American businesses and workers than about protecting the American financial services industry.
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