Econ Dusk
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econdusk.bsky.social
Econ Dusk
@econdusk.bsky.social
A self-taught economics researcher
Is it all still about Keynes?
open.substack.com/pub/econdusk...
Is it all still about Keynes?
The solution is in front of us, but it's hard to grab it
open.substack.com
March 28, 2025 at 11:45 AM
Michael Hudson - Oligarchy, debt accumulation and the business cycle #economy #politics Source: youtu.be/_-rckzfdCNk
March 15, 2025 at 7:43 PM
A small text about Hofstadter, Chalmers and ChatGPT
open.substack.com/pub/econdusk...
Is ChatGPT conscious?
Yes, but it's a bit slow...
open.substack.com
March 10, 2025 at 1:54 PM
Is lending inherently predatory? open.substack.com/pub/econdusk...
Is lending inherently predatory?
Following Michael Hudson's footsteps
open.substack.com
March 1, 2025 at 1:44 PM
An explanation of why taking billionaires’ fortunes is not as lucrative as it might seem open.substack.com/pub/econdusk...
The only thing you can expropriate from billionaires is their end consumption
And they don't eat much
open.substack.com
February 26, 2025 at 9:29 AM
How does crypto work? - “It makes you send your money to Sam Bankman-Fried“.

Thank you, Michael Hudson, for amazing clarity! :))
February 22, 2025 at 12:37 PM
If you ever wondered if government monopoly could be established on money creation, here’s the best overview of the Chicago plan I could find. If you are scared it’s Marxist or something, this is IMF.
www.imf.org/external/pub...
www.imf.org
February 19, 2025 at 12:52 PM
A little recap of money creation by the banking system and how it affects the politics
open.substack.com/pub/econdusk...
Money from thin air?
Why both the left and the right criticize money printing
open.substack.com
February 19, 2025 at 9:19 AM
Michael Hudson explains why dollar depreciation cannot help reindustralise the US
youtu.be/RappTWI52rM
Michael Hudson - Trump's tariffs and dollar exchange rate #economy #dollar #reindustrialisation
YouTube video by Econ Dusk
youtu.be
February 15, 2025 at 4:12 PM
Helicopter tech stocks @yanisvaroufakis.bsky.social
February 14, 2025 at 2:58 PM
February 13, 2025 at 12:38 PM
Why do progressive tech billionaires become conservative?
February 8, 2025 at 11:57 PM
Why capital wins over labor? A small and easy read 😀

open.substack.com/pub/econdusk...
Why capital wins over labor?
Three important reasons
open.substack.com
January 31, 2025 at 11:29 PM
True story... 😀
January 29, 2025 at 3:04 PM
Going a bit against the popular current - my take why Yanis Varoufakis'es ideas for the future will not work.

open.substack.com/pub/econdusk...
Why left-wing ideas don't work
Critiquing Yanis Varoufakis
open.substack.com
January 24, 2025 at 6:48 PM
A foray into a bit of computer science. LLMs/Transformers - what they actually do!

open.substack.com/pub/econdusk...
How LLMs/Transformers work
Simple explanation based on linear algebra
open.substack.com
January 21, 2025 at 7:00 PM
A couple of connections made here are interesting, especially after yesterday. Just gives a bit more context :)

youtu.be/9y-erGt0LsU
Is Elon Musk Heir To Nazi Dream of World Conquest? w/ Jim Stewartson
YouTube video by Thom Hartmann Program
youtu.be
January 21, 2025 at 6:33 PM
A small inquiry into the question I was interested in myself... open.substack.com/pub/econdusk...
Is US stock market growth just a monetary phenomenon?
Yes, but not entirely...
open.substack.com
January 15, 2025 at 4:33 PM
Bank loans are not to create new means of production, but are made against real estate, financial securities or other assets already in place...

Inequality does not reflect differing levels of productivity, but distortions resulting from property rights and other privileges.

youtu.be/s0P_cWY0Kvg
Michael Hudson - Little lending done today leads to industrial growth - Reading "Killing the host"
YouTube video by Econ Dusk
youtu.be
December 14, 2024 at 6:09 PM
An important realisation. One thing though - why so late?! People like Michael Hudson, Richard Wolff, Chris Hedges have been talking about the oligarchy in the US for decades...

youtu.be/sP2uyVqSnNs
Oligarchy is not just a Russian phenomenon. It exists right here in the USA.
YouTube video by Senator Bernie Sanders
youtu.be
December 13, 2024 at 6:46 PM
Good explanation by Prof. Wolff of why the wealthy prefer lending to the government as opposed to paying taxes #debt #taxation #taxes #economy #government

youtu.be/nQp8TK_SSYo
Richard Wolff - Government debt as an arrangement not to pay taxes
YouTube video by Econ Dusk
youtu.be
December 12, 2024 at 5:03 PM
The result of “democratizing” real estate on credit is that most of the rental income hitherto paid to a landlord class is now paid to banks as mortgage interest.

Today’s financial sector has taken over the role that the landed aristocracy played in feudal Europe.

www.youtube.com/shorts/6UMhh...
Michael Hudson - Lending against real estate leads to asset capture - Reading "Killing the host"
YouTube video by Econ Dusk
www.youtube.com
December 11, 2024 at 5:26 PM
The classical concept of economic rent has been censored by calling finance, real estate and monopolies “industries.”

The result is that about half of what the media report as “industrial profits” are FIRE-sector rents...

(Michael Hudson, "Killing the host")

youtube.com/shorts/f_3qV...
Michael Hudson - Reading "Killing the host" - Rents conflated with profit #economy #rent
YouTube video by Econ Dusk
youtube.com
December 10, 2024 at 1:02 PM
Is Javier Milei the savior of Argentina's economy? Michael Hudson disagrees #imf #debt #oligarchy

youtu.be/Yf5Se7EfHoM
Michael Hudson - Economy of Argentina and Javier Milei
YouTube video by Econ Dusk
youtu.be
December 6, 2024 at 6:55 PM
Michael Hudson addresses the question of 'why is economy bad if GDP grows'. Basically, national accounting measures the effectiveness of wealth transfer from masses of population to creditors and shareholders. (Video recorded by Robinson Erhardt) youtube.com/shorts/pgiLt... #inequality #rent
Michael Hudson answers 'why economy is bad if GDP grows'. #inequality #rent #economy
YouTube video by Econ Dusk
youtube.com
December 4, 2024 at 6:05 PM