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Paulo L dos Santos @plbds.bsky.social · 18/09/2026

Ponder the laundry list of civilisational failures needed to make this a headline in 2026 AD...

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Paulo L dos Santos @plbds.bsky.social · 04/09/2026

de Finetti did a lot of low-key, devastating trolling

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Paulo L dos Santos @plbds.bsky.social · 14/08/2026

It is remarkable how this hidden gem--in Foreign Policy, no less--has shaped neither the general understanding of the oil shocks of the 1970s nor how most English-speaking scholars think about the construction of the post-Bretton-Woods order. #EconSky Political Economy.

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Paulo L dos Santos @plbds.bsky.social · 30/04/2026

Behold the informed “uninformative” prior! Or is it the “uninformative” informed posterior?

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Paulo L dos Santos @plbds.bsky.social · 18/04/2026

Turns out the cat was not the strangest of Schrödinger’s things

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Paulo L dos Santos @plbds.bsky.social · 25/03/2026

For the kids in the back who may have had trouble with the first post....

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Paulo L dos Santos @plbds.bsky.social · 21/03/2026

My contribution to the conversation today

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Paulo L dos Santos @plbds.bsky.social · 19/03/2026

Marx failed to consider that a man’s deep sense of inadequacy can shape world events.

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Paulo L dos Santos @plbds.bsky.social · 19/03/2026

When I first saw this video years ago I thought it was a funny illustration of differences in culinary cultures. I saw it again earlier today and realised it is a hilarious illustration of fundamentally different ontological takes on the relationship between parts and wholes... #EconSky

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Paulo L dos Santos @plbds.bsky.social · 10/03/2026

With everything else going on, I almost forgot to share the new, relaunched website for the Department of Economics at the NSSR. We are a small department committed to a pluralist, critical, and technically rigorous approach to economic analysis. #EconSky www.newschool.edu/nssr/economi...

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Paulo L dos Santos @plbds.bsky.social · 09/03/2026

Celebrate the 250 years since the publication of Adam Smith's "The Wealth of Nations" with his observation that profits are a deduction from the product of labour, grounded on the fact that workers do not have direct access to the materials of their work. #EconSky

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Paulo L dos Santos @plbds.bsky.social · 15/02/2026

A nearly perfect day at an upstate second-hand bookstore… #Statistics #MildOCD

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Paulo L dos Santos @plbds.bsky.social · 11/02/2026

Conflate money value added per hour with labour productivity, include sectors whose “value added” involves what is better understood as transfers, and teach it for long enough to make it all seem normal, and you get this kind of assessment…#EconSky

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Paulo L dos Santos @plbds.bsky.social · 26/01/2026

People need to listen closely and take stock of what is being said here. This federal official is commanding 22,000 heavily armed men across the country.

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Paulo L dos Santos @plbds.bsky.social · 25/01/2026

This was between the first and second shot, of a total of ten fired.

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Paulo L dos Santos @plbds.bsky.social · 20/01/2026

I thought this guy (of all people!!) dished out a few pertinent if inconvenient truths today...

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Paulo L dos Santos @plbds.bsky.social · 20/01/2026

A candid moment by Carney on the fiction of the US-led "rules-based order," the calculations behind its historical acceptance, & their breakdown under the Trump administration. You cannot accept economic integration "when integration becomes the source of your subordination."

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Paulo L dos Santos @plbds.bsky.social · 15/01/2026

Samir Amin, more than half a century ago… #EconSky #PolEcon

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Paulo L dos Santos @plbds.bsky.social · 07/01/2026

Along the same lines.... Here's the first frame of the video showing the shot (see the smoke). Note the direction of the tires and the position of the shooter's legs and body. The driver was pulling away from him, slowly, and he decided to shoot her. Three times.

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Paulo L dos Santos @plbds.bsky.social · 07/01/2026

**Sensitive Content** I normally only post here on economics and political-economy issues. But an ICE agent shot and killed a legal observer in Minneapolis earlier today.

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Paulo L dos Santos @plbds.bsky.social · 06/01/2026

An authoritarian US government that tramples on its own constitution, deports its own citizens, stifles press and academic freedom, threatens to annex sovereign territories, and engages in "regime change" in order to run other countries and appropriate their resources...

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Paulo L dos Santos @plbds.bsky.social · 27/12/2025

A civilization that can create drugs to curb obesity in overeating pets but cannot eliminate childhood hunger

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Paulo L dos Santos @plbds.bsky.social · 14/12/2025

Today's contribution to the conversation. Having that kind of a day.... #EconSky

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Paulo L dos Santos @plbds.bsky.social · 28/11/2025

Every now and again I have to let him, by #Leonberger rules…

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Paulo L dos Santos @plbds.bsky.social · 23/11/2025

New leading indicator just dropped

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Paulo L dos Santos @plbds.bsky.social · 20/11/2025

This is obviously offensive, libellous, bigoted, and harks back to the darkest moments of the twentieth century. But if you take a step back you can see that it is also really, really desperate. Flailing. Banal....

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Paulo L dos Santos @plbds.bsky.social · 19/11/2025

On a footballing note... I don't think the world quite grasps how absolutely extraordinary the moment when Scotland sealed their qualification for the 2026 World Cup at almost the 98th minute of their match against Denmark really was.... Turn up the volume for full effect.

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Paulo L dos Santos @plbds.bsky.social · 14/11/2025

Wait, does this mean China is not the one paying for Trump's tariffs?! #EconSky

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Paulo L dos Santos @plbds.bsky.social · 12/11/2025

As Western "powers" ditch commitments to decarbonisation, here's the language they use to talk about those helping the world make real progress towards a green transition. #EconSky

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Paulo L dos Santos @plbds.bsky.social · 06/11/2025

Dominant economic theory would have you believe this roughly reflects this man’s marginal contribution to Tesla’s bottom line, not the pervasive cultish sycophancy and groupthink in US corporate governance.

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Paulo L dos Santos @plbds.bsky.social · 08/10/2025

An industry on the verge of a paradigmatic breakthrough? Or a giant circle-jerk cartelising an industry and propping up valuations towards the end of a wild speculative run? #EconSky

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Paulo L dos Santos @plbds.bsky.social · 02/10/2025

A recent picture of me, caught in the wild.

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Paulo L dos Santos @plbds.bsky.social · 29/09/2025

Then you better be happy somebody else did…. #Presumptions #Privilege

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Paulo L dos Santos @plbds.bsky.social · 23/09/2025

One day, two articles. Both diagnosing deep malaises in the Chinese economy. All economies face challenges. But as the US & Europe head into a damaging downturn, expect more articles in this genre reassuring Western audiences that it is China’s model of economic management that is failing. #EconSky

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Paulo L dos Santos @plbds.bsky.social · 29/08/2025

Anybody else see the problems here??

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Paulo L dos Santos @plbds.bsky.social · 20/08/2025

This gem from the folks who had to pay $1.4bn to the US DoJ to avoid prosecution for gross malfeasance over their ratings of mortgage-backed securities in the 2000s. #receipts #EconTwitter

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Paulo L dos Santos @plbds.bsky.social · 19/08/2025

Meanwhile, people are arguing in the US about how limited autonomy makes EVs “impractical” like it’s 2010….

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Paulo L dos Santos @plbds.bsky.social · 05/08/2025

Notice how contemporary arguments about “incentives” always land on astronomical giveaways to the rich and privileged, and on the cruelest, most miserable forms of stinginess for the poor and powerless? # EconSky

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Paulo L dos Santos @plbds.bsky.social · 04/08/2025

Anybody else notice the difference in the way establishment outlets discuss regressive and progressive taxes?? Federal income tax raises $2.5tn or more than 83. times $30bn. Where’s the article arguing that size makes it hard to cut it?? #EconSky

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Paulo L dos Santos @plbds.bsky.social · 01/08/2025

People should pay attention not only to the July figure but to the dramatic downward revisions for May and June. Macroeconomic responses are typically much slower than people's attention spans. That includes the consumer price increases headed your way. #EconSky

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Paulo L dos Santos @plbds.bsky.social · 30/07/2025

Repeat after me, Y = C + I + G + (X - M) And a three percent increase in Y supported by large falls in M is not a sign of economic growth. #EconSky

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Paulo L dos Santos @plbds.bsky.social · 19/07/2025

🙄🙄 www.nytimes.com/2025/07/17/o...

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Paulo L dos Santos @plbds.bsky.social · 13/07/2025

The state of climate change and efforts to curb it, in one set of consecutive headlines.

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Paulo L dos Santos @plbds.bsky.social · 10/07/2025

The normalizing way the NYT writes about Trump’s efforts to use tariffs to obstruct justice in Brazil, and about his argument that tariffs on copper somehow will help secure access to this “strategic resource,” is super-duper extra…

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Paulo L dos Santos @plbds.bsky.social · 09/07/2025

I wonder if more than a century of epidemiology, immunology, and medical science have anything to say about this… NYT at its normalizing obscurantism best here.

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Paulo L dos Santos @plbds.bsky.social · 09/07/2025

This came out almost five years ago and, if I may say so myself, has not really gotten the attention it deserves. Both from those interested in competitive price systems, and those interested in new places where informational measures may be helpful. www.worldscientific.com/doi/10.1142/...

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Paulo L dos Santos @plbds.bsky.social · 01/07/2025

NYT trying to “both-sides” a concerted push to de-carbonize energy systems and a concerted push to keep them anchored on oil and gas.

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Paulo L dos Santos @plbds.bsky.social · 30/06/2025

I'm just going to leave this little gem from the NYT right here, in case future historians want to understand the depths of elite cowardice and willingness to normalise Trump in his second term.

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