124 karma · joined January 14, 2025
https://youtu.be/o2Nq--qU9Kc?si=DDs_73ZrEPs5UGK9&t=3684
No credentials whatsoever - IIRC a Bachelor's degree in English, but definitely not a professorship.
Granted, I know a slight bit about general equilibrium theory, but nothing about DSGE.
Because you can now use typing WITH the entire Python ecosystem.
I think the house analogy fails because you cannot duplicate a house, take it somewhere else, and attempt to break into it there. If you could, that would undoubtedly be seen as a violation.
The top comment on /r/AskEconomics is:
"The cantillon effect doesn't really exist in any significant capacity. Central banks nowadays announce their actions well ahead of time, that means before the actual expansion of the money supply, people know this expansion will happen, and markets price in that expansion. So there really isn't much benefiting from being "early".
Beyond that there really isn't much empirical evidence on the cantillon effect to exist in any significant capacity."
Since I know little about this topic I'd appreciate HN's view.
> This calculation assumes that persistent trade deficits are due factors that prevent trade from balancing
The 'tariff and non-tariff' phrase is _technically_ superfluous but, subtextually, it implies there are such non-tariff reasons.
Can't recommend them enough. I have so many fond kid memories of my pet rats and their hijinks.