Michael Thrower Chowdhury
@bevansadvocate.bsky.social
he/him | Australian economist living in Sydney |
Views expressed are my own | Posts about Econ and welfare states
Views expressed are my own | Posts about Econ and welfare states
This new @drodrik.bsky.social book is extremely good. Adapting old insights to a changing world, such as the decreasing labour intensity of manufacturing, Rodrik argues forcefully for a sensible approach to global governance and development. Strongly recommend.
November 24, 2025 at 12:39 PM
This new @drodrik.bsky.social book is extremely good. Adapting old insights to a changing world, such as the decreasing labour intensity of manufacturing, Rodrik argues forcefully for a sensible approach to global governance and development. Strongly recommend.
During WW2, Milton Friedman argued against sales taxes in favour of the income tax. This was primarily for equity reasons, noting income tax “permits the cost of the war to be distributed explicitly in a socially desirable manner.”
October 1, 2025 at 12:30 PM
During WW2, Milton Friedman argued against sales taxes in favour of the income tax. This was primarily for equity reasons, noting income tax “permits the cost of the war to be distributed explicitly in a socially desirable manner.”
I turned the Atkinson-Stiglitz (1976) critique of Ramsey Taxes into a meme
September 27, 2025 at 11:41 PM
I turned the Atkinson-Stiglitz (1976) critique of Ramsey Taxes into a meme
My reads since July
September 21, 2025 at 12:32 PM
My reads since July
Some recommendations in economic history
September 16, 2025 at 12:58 PM
Some recommendations in economic history
Interesting Stiglitz passage reconciling Piketty's R>G with traditional neoclassic understandings of capital. Basically the volume of wealth ≠ the capital stock, as it also includes exploitation rents. Wealth can actually increase while the capital stock declines.
September 6, 2025 at 9:30 AM
Interesting Stiglitz passage reconciling Piketty's R>G with traditional neoclassic understandings of capital. Basically the volume of wealth ≠ the capital stock, as it also includes exploitation rents. Wealth can actually increase while the capital stock declines.
This tome of a book is excellent. I've always liked Stiglitz, but wished his books did more academic deep dives. This book does that, presenting the current research on inequality, as well as the corresponding models plus variations. Highly recommend.
August 26, 2025 at 2:30 PM
This tome of a book is excellent. I've always liked Stiglitz, but wished his books did more academic deep dives. This book does that, presenting the current research on inequality, as well as the corresponding models plus variations. Highly recommend.
My contribution to the welfare state debate: Pre-transfers, the Child Poverty Rate is 100%
[Link below]
[Link below]
August 25, 2025 at 11:39 AM
My contribution to the welfare state debate: Pre-transfers, the Child Poverty Rate is 100%
[Link below]
[Link below]
A nice passage from Barr explaining why publicly provision is gold flr healthcare, but food stamps are bad (just give them money). It comes down to whether market mechanisms work in the sector. If they do, then the key issue for the poor is their lack of purchasing power.
August 24, 2025 at 1:33 AM
A nice passage from Barr explaining why publicly provision is gold flr healthcare, but food stamps are bad (just give them money). It comes down to whether market mechanisms work in the sector. If they do, then the key issue for the poor is their lack of purchasing power.
Here are some recommendations for progressive policies analysis
August 20, 2025 at 2:49 PM
Here are some recommendations for progressive policies analysis
I've been reading/rereading a few biographies recently, these are a few I've enjoyed
August 9, 2025 at 1:21 PM
I've been reading/rereading a few biographies recently, these are a few I've enjoyed
Picked my brother up from the train station and feeling like a unique individual
August 9, 2025 at 11:57 AM
Picked my brother up from the train station and feeling like a unique individual
My reads since April
July 28, 2025 at 1:57 PM
My reads since April
Here's a few well written critiques of mainstream economics
July 19, 2025 at 12:36 PM
Here's a few well written critiques of mainstream economics
A few recommended readings on the welfare state
July 17, 2025 at 1:46 PM
A few recommended readings on the welfare state
My favourite reads of the year so far
July 12, 2025 at 11:45 AM
My favourite reads of the year so far
Some recommendations on history of economic thought
July 6, 2025 at 12:58 PM
Some recommendations on history of economic thought
I've been reading/rereading a few biographies recently, these are a few I've enjoyed
July 3, 2025 at 11:38 AM
I've been reading/rereading a few biographies recently, these are a few I've enjoyed
Olson however has a more coherent theory of political economy
July 2, 2025 at 1:24 PM
Olson however has a more coherent theory of political economy
With billionaires in the discourse again, here are some great reads on the topic of extreme wealth
July 1, 2025 at 1:18 PM
With billionaires in the discourse again, here are some great reads on the topic of extreme wealth
My reads this June
June 28, 2025 at 11:54 AM
My reads this June