Some Unpleasant Arithmetic

"There are four kinds of countries in the world: developed, undeveloped, Japan and Argentina"
Created 13 Jan 2021
  • Competition and Inflation
    18 Nov 2021 • 5 min read • 1 0
    Price control tags on an Argentinian supermarket shelf. From Diario Perfil. LA NACION @LANACION Horacio Rodríguez Larreta, sobre la inflación: “Tenemos que ir sobre los monopolios para que haya una ve...
  • (Un)productivity
    09 Nov 2021 • 14 min read • 4 1
    “Cluster phobia”, art made with a computer in 1963. By Manfred Mohr, The Verge. What everyone feels to have been a technological revolution, a drastic change in our productive lives, has been accompan...
  • Paint it green
    05 Nov 2021 • 3 min read • 5 0
    Argentina’s President, Alberto Fernández, visits a state-owned oil rig. From Diario Río Negro. Maia @EGirlMonetarism Argentina's once again is bringing out its embarrassing dog and pony show of "debt ...
  • Inflation
    01 Nov 2021 • 18 min read • 3 1
    Children play around with banknotes in Weimar Germany. From Imgur. jack⚡️ @jack Hyperinflation is going to change everything. It’s happening. October 23rd 202114,239 Retweets63,777 Likes Across the wo...
  • Will price controls end Argentina's uncontrollable inflation?
    31 Oct 2021 • 4 min read • 12 2
    A World War Two store promoting price controls. From Wikipedia. Recently, Argentina’s Commerce Secretary announced a series of widespread price controls, on over 1300 products, to curb the country’s o...
  • Three factoids that aren't quite right
    26 Oct 2021 • 6 min read • 6 1
    XKCD, “Duty calls” “There are 31 vacant houses for every homeless person” A frequently cited fact to rally against the need to build more houses in order to increase housing affordability is that ther...
  • How many people are actually poor?
    22 Oct 2021 • 12 min read • 3 1
    Recently, I posted about how global poverty increased in 2020, and how that’s bad. I mostly talked about people who are above or below a 1.90 dollar cutoff, and only mentioned other, higher poverty li...
  • The economics of Fallout: New Vegas
    18 Oct 2021 • 11 min read • 5 0
    Disclaimer: I normally give attribution to the images I use but I can’t find the source for this one, which I picked in April. Sorry. Fallout: New Vegas is a 2011 video game by Obsidian of which I am ...
  • Some thoughts: Conventional wisdom
    15 Oct 2021 • 4 min read • 8 0
    Aerial view of Capitol Hill, Washington DC. From the Library of Congress. The year is 1990. You ask an economist what they think is the best way to promote growth in developing countries - they say a ...
  • Colonialism
    11 Oct 2021 • 16 min read • 4 2
    Struggle between England and France. By James Gillray - the Met. “Was colonialism bad?” is an incredibly dumb question: of course it was bad. There is no way that enslaving, exploiting, and brutalizin...
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