Puneet Bhasin
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bhasinpuneet.bsky.social
Puneet Bhasin
@bhasinpuneet.bsky.social
Comments mainly on political economy. Views expressed here do not reflect the opinions of any organization(s) I am associated with. Reposts are not necessarily endorsements.
Reposted by Puneet Bhasin
10 Great Book Econ Book Pairings
1) How China Escaped Shock Therapy-
@isabellamweber.bsky.social
; &
How China Escaped the Poverty Trap-
Yuen Yuen Ang
Two terrific works with a common theme: that optimal policy solutions are highly dependent on context and the stage of economic development.
November 16, 2024 at 10:08 AM
Reposted by Puneet Bhasin
Also paying off debt.
December 1, 2024 at 2:21 AM
Reposted by Puneet Bhasin
Nothing better to undermine the dollar’s dominance than cutting imports and/or dreaming about the US running a current account (CA) surplus. After all, running persistent CA deficits—to be sure in goods, not services in the case of the US—is a precondition for being the issuer of the global reserve.
December 1, 2024 at 1:10 AM
Reposted by Puneet Bhasin
November 29, 2024 at 6:55 PM
Reposted by Puneet Bhasin
Human nature is in reality rather different to what Neo-Liberals, Libertarians and Thatcherites claim it is.
November 29, 2024 at 9:29 PM
Reposted by Puneet Bhasin
Social Security and Medicare are both hugely more efficient than private sector counterparts. That's why Elon's friends want to dismantle them so much, big bucks for them and big bucks from the rest of us. Billionaires need money!
"The notion that the federal government is hopelessly bloated due to waste that every reasonable person wants to eliminate is an appealing myth, but it’s a myth."

www.vox.com/policy/38738...
Why Elon Musk can never balance the budget, in one chart
Elon Musk wants to slash trillions in “waste.” Good luck, buddy!
www.vox.com
November 30, 2024 at 11:21 PM
Reposted by Puneet Bhasin
Extraordinary
Despite a massive head start, BlueSky has now overtaken Threads in the US 👇
November 19, 2024 at 11:05 PM