https://t.co/V7NTNYKXGA

“For modern man, absolute right and absolute wrong are a matter of what the majority is doing” Martin Luther King, Jr. (A Gift of Love)

Technical Argument vs Moral Argument! Which tends to have mass appeal?

“Philanthropy is commendable, but it must not cause the philanthropist to overlook the circumstances of economic injustice which make philanthropy necessary” Martin Luther King, Jr (A Gift of Love)

If you truly wan’t to oppress a people, give them something to fight Trust me, there is a lot of wisdom in choosing the battles you fight!!

So, my free market brothers; what do you think about ‘EV mandates’ @rufarogz @baba_nyenyedzi

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It is kicking off! As some of us expected! I was always going to be a matter of time

Proving truth requires that we posses the complete set of all relevant knowledge. This is an extremely high bar to clear So, always be prepared that your good ideas might be wrong. Prepare for failure and to learn - repeating the thinking cycle 😅 4/4

⏹️ prove external validity (does the ideas fit with what I am observing around me - locally, nationally, and internationally) If they pass all three, you only have good ideas, not the truth 3/-

This year I took a risk and introduced critical thinking to the options appraisal part of my economic policy course; the basics of thinking: ⏹️ generating ideas ⏹️ testing their internal consistency (is there logic to how their parts come together) … 2/-

CRITICAL THINKING AND ECONOMICS One of the unfortunate developments in economics and policymaking was to professionalise them It ripped out of their body the discipline of critical thinking - aka philosophy 1/-

"Thinking is not a natural process; it's a learned skill that requires effort, dedication, and practice." 7 Lessons from "How to Think: A Survival Guide for a World at Odds" by Alan Jacobs

https://t.co/xNoBumMrBu

Probably the leading one from “501 Must-know Speeches”

It’s always hard to explain to new employees who have never worked before that yes your contract is $705 But Payee, aids levy, nssa. Etc; yes you’ll got USD component and ZiG (which you can’t get bank rate on the street) and it works out to $450. It’s a monthly battle. The

It’s good the economy has grown, but let’s put it into context For transformational growth, the 6 percent has to become the long term growth rate (up from current ~3%) Generally interpreting growth rates is tricky, it’s more important to focus on long term average rates 8/8

The effective growth rate, after accounting for the rebound, is just 1%. Yes, just 1%! We are only ~1% richer than we were in 2023, if using GDP a measure of wealth 7/-

The economy contracted by 2% in 2025. To return to long term growth rate it needed to grow by 5% (I.e., to cancel the contraction plus 3% in 2024) So, of the 6 percent growth, 5 percent is merely a rebound to long term growth rate after poor economic performance in 2024 6/-

What do they actually mean? Well, the 6% is merely what we term ‘rebound growth’ in economics. Rebound growth represents an expected reversal of contraction that would have happened anyway 5/-

The long term average growth rate is nearly 3%. So, in 2024 the economy was 5 percentage points smaller than it could have been without the El Niño effect - based on long term average growth rate This is critical for interpreting the latest IMF forecasts 4/-