economics - where to begin?

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re: her discussion of supply side, i wish she had elaborated on the "floating dollar" as it relates to global markets and how that effects US public spending and domestic economic policy more generally. it gets particularly interesting an as explanation for why the US spends extravagantly in some domains but must adhere to austerity in others.

i think this is quite a separate point from what i had understood "supply side" to mean, i.e. a technique or theory within neoliberalism that seeks to achieve a certain kind of austerity through tax cuts and "promoting the free market"

budo jeru, Friday, 17 May 2024 19:31 (four weeks ago) link

Yeah it furthered my understanding of neolib somewhat where there is cash for defence spend but not, say, education. I focused on the political outcomes, so got something out of it.

xyzzzz__, Friday, 17 May 2024 21:00 (four weeks ago) link

re: her discussion of supply side, i wish she had elaborated on the "floating dollar" as it relates to global markets

i think this is quite a separate point from what i had understood "supply side" to mean, i.e. a technique or theory within neoliberalism that seeks to achieve a certain kind of austerity through tax cuts and "promoting the free market"


It’s weird to see those two terms discussed as contemporaries… supply side economics was basically 1/2 of Reaganomics, the other being “trickle down theory” whereas here in the US at least, “neoliberalism” didn’t get used until at least a decade later , post cold war

sarahell, Saturday, 18 May 2024 03:14 (four weeks ago) link

The other day I attended a city hearing where the other item on the agenda had to do with affordable housing and the government people were basically saying that tax credits were essential to the developers doing the building of the housing…

sarahell, Saturday, 18 May 2024 03:17 (four weeks ago) link


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