Carlos Luis Martínez 🇨🇺🇺🇸

"[T]here is absolutely no consensus among economists about what money really is." -- Anthropologist who has never opened a book in monetary theory.

1️⃣ En los negocios, hay muchos apodos: ambicioso, juicioso, tacaño... pero ninguno tan temido como el de "mala paga" 💸❌. Ese título espanta a socios, inversionistas y prestamistas. #Cuba #Finanzas #Vietnam 🧵👇 14ymedio.com/economia/vietn…

Can we predict anything about future consumption? Under reasonable conditions, no. If agents are attempting to maximize their welfare, the only predictor of consumption later is consumption now. 1/

Presupuestos de Ramón Grau San Martín y Carlos Prío Socarrás que abarcan el período de 1945 a 1952.

“Socialism protesting against production for profit objects to what makes the extended society possible.” — Friedrich Hayek

After teaching about frictions, market imperfections, or failures

Actually the complaint was about too much neoclassical economics and not enough trendy left-wing stuff. And in fact economic research has very little neoclassical economics left. Vanishingly few articles these days write "here is a big puzzle, but we figured out how to solve it…

⭕El preso político cubano Duannis León Taboada, condenado a 14 años por su participación en las protestas del 11 de julio de 2021 (11J), se encuentra en huelga de hambre desde el 18 de julio en la prisión Combinado del Este, en La Habana. ⭕Su salud se deteriora rápidamente…

☕️Cafecito🐝 Los amargos impagos a los apicultores #cubanos ⛓️ Contaminar la muestra, una vieja artimaña del ‘castrismo’ ✊🏽 La próxima batalla de Cuatro Caminos será en dólares o no será 🖋 Concurso ‘Lourdes Gil’ youtu.be/1m0f6_VgFOk?si…

GMU econ is doing fine, but I did want to retort, "When during the last ten years did @GeorgeMasonU ever acknowledge that critics of DEI even existed, much less solicit their input?"

🧵 "How economics teaching became the Aeroflot of ideas" -- great title by @hajoonchang. But the content? We supposedly teach "variations of the failed theme of efficient markets", that the system is "fundamentally fair, rational, and efficient" and folks should 1/6 ➡️

The Industrial Revolution caused environmental damage, but it also led to technologies that reduce our impact on nature. By embracing innovation rather than retreating from progress, we can improve human well-being while addressing environmental concerns. humanprogress.org/degrowthers-ar…

More news from Late Marxism. uk.news.yahoo.com/please-somethi…

Outrageously, the Stanford Graduate Worker Union is attempting to FIRE all graduate students from @Stanford who refuse to join the union or pay union dues/fees. @Stanford has so far equivocated on the demands. My latest at @StanfordReview w Dylan Rem🧵 stanfordreview.org/stanford-gradu…

Since 1980: - Life expectancy in advanced economies has increased by 6 years. - High school completion has become nearly universal. - Goods once considered luxuries—like computers—are now common. These are signs of a system that has lifted the bottom. humanprogress.org/lifting-the-bo…

🛑 “En momentos críticos se toman medidas desesperadas”, dijo la madre desde las afueras del centro penitenciario. “Me declaro plantada hasta tanto me dejen tener un encuentro personal con mi hijo. Como madre, necesito verlo". wxyz.page/yawA4

How long did it take socialism to do the opposite of what it promised and completely fail the Cuban people? Not very long. #havana #cuba #socialismfails #communismkills

Quality material for sure! I checked some of the lectures and they are fantastic to say the least.

🎓 Today I delivered the final lecture of @Penn_Exchange’s Foundations of Economic Thought summer course by focusing on the evolution of macroeconomics from 1970 to 2000: 🔗 sites.google.com/view/foundatio… 🧠 Unsurprisingly, @UMN_Econ features prominently in the story (although…