Jonathan A. Parker
@ProfJAParker
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Economist. See my MIT webpage to verify that this is me. Evidence-based economics and finance and humor. I do not endorse any cryptocurrency investment.
Joined November 2012
What law did we pass to authorize the government to do this?.
NEW: Kilmar Abrego Garcia says DOJ has given him an ultimatum: Plead guilty to human smuggling by Monday and be deported to Costa Rica — or refuse and be deported to Uganda. w/ @benjohansen3 .
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On the right, there are few people upset, because the right is mostly about loyalty to the leader (or get fired like the top military analysts just did). But in the record provided by history, socialist authoritarianism has led to economic depression.
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RT @hissgoescobra: Holy shit, look who else Hegseth fired. The head of Naval Special Warfare Command, the naval component of SOCOM and comm….
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As objections pour in to the Trump Admin continuing Biden-era industrial policy by using CHIPS Act to buy 10% of Intel, are people on the left upset because they think Modigliani-Miller applies and thus the govt isn’t doing enough to influence the economy?.
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RT @schwartzbWSJ: SCOOP: Deputy Treasury Secretary Michael Faulkender was pushed out from his job after clashing with previous IRS commissi….
wsj.com
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RT @RevEconStudies: .@juanantolindiaz studies how government bonds in advanced economies shifted from safe hedges in late 1990s to risky af….
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RT @scottlincicome: 4. Bad for US companies that took govt subsidies (CHIPs/IRA/etc): Are they next? Should they return the money? Will the….
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RT @scottlincicome: 3. Bad for Intel’s customers who now must fear (and may face pressure to) they'll be pressured/forced to buy Intel’s pr….
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RT @scottlincicome: A terrible decision bad for almost everyone. Six quick reasons why:.1. Bad for Intel's long-term viability, as politics….
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A hack improve your Zoom experience: compensate for the lack of “that’s stupid” reaction button. 1. Save this pic.2. Open it whenever you get on a zoom call.3. Click on it like crazy when you need to. (Advanced zoom users can paste it into the chat.)
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The Democrats & previous Republicans have done a little of this, but mostly through uniformly applied regulatory powers. Biden marched w/ a union striking against a particular company, but he did not even threaten the company. Trump threatens companies & hits w/ govt actions.
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Yes. Among poor economic policies, this is where the MAGA Republican approach is doing the most economic damage to the United States. If you hand the President unchecked power, and he meddles in the economy like Putin or Maduro, you get an economy like Putin or Maduro.
The U.S. has enjoyed a decades-long economic advantage thanks to its reputation as the safest place in the world for investors to put their money and for entrepreneurs to build their businesses. President Trump may be chipping away at that advantage. 🎁🔗 in reply.
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Yup.
Trump wants low interest rates and for that reason keeps telling the Fed to cut. But long-term Treasury yields are up this year, even as markets priced more and more rate cuts. Badgering the Fed to cut doesn't give you low rates. It may do the opposite.
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RT @shashj: Absolutely horrific decision. Ongoing politicisation of intelligence, creating incentives in the IC to avoid telling WH things….
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Just so I understand, which president are we talking about here?.
Scoop: Inside the White House, officials have grown suspicious that what @LauraLoomer says and does is influenced by lobbying firms. "There is widespread understanding here that she’s not guided entirely by loyalties to the president, but external business interests," one
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RT @TahaChoukhmane: 🧵1/11 My paper "Default Options and Retirement Saving Dynamics" is forthcoming in the AER!. Auto-enrollment is often ha….
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MAGA Republicans working hard to destroy American system of government.
It turns out that - no surprise - the White House had been illegally hiding a key federal spending database in order to obscure that it was beginning to illegally impound spending, as it had prevously signaled it would do. 🧵.
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Our Marxist Administration believes that the government should own the means of production.
even for those of us who have long argued that industrial policy comes with costly political strings and creeping govt controls, this is pretty astonishing. Hugely dangerous path we're heading down here.
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RT @ReichlinMelnick: George Retes was a security guard who had the misfortune of driving home at the time the Trump admin was doing an immi….
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