Nat Dyer
@natjdyer
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My book RICARDO’S DREAM - a 'simply brilliant' critique of mainstream economics - came out in Nov '24. Fellow of Schumacher Institute. Mainly on Bluesky
London, England
Joined November 2018
Event went well. Not as many people as I'd expected but I plan to use my talk to write something arguing for the central role of imagination in the creation of economic knowledge
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This is tonight at 7pm (UK time). More than 60 people signed up already...
Next Tuesday 18th Nov, I'll be giving a free, online talk on imagination, models, and the making of economic knowledge for @EconResCouncil Reserve a spot & find out more here:
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"If you are interested in economics, history, politics and world affairs you should read this book." Nice, new review of Ricardo's Dream
I just published Simple Economics in a Complex World
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Next Tuesday 18th Nov, I'll be giving a free, online talk on imagination, models, and the making of economic knowledge for @EconResCouncil Reserve a spot & find out more here:
eventbrite.co.uk
Join Nat Dyer to explore imagination, models, and the making of economic knowledge.
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Very relevant book
1/10 I just finished reading Sven Beckert's history of the development of the global cotton industry. It's a bit repetitive in its main theses, and sometimes a bit of a slog, but well worth reading for those interested in the history of trade and industrial policy.
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“Free trade is always a win-win!” Except… Ricardo’s famous example leaves out the exploitation, slavery, and mountains of stolen Brazilian gold that made it work. Listen to the full episode here: https://t.co/yxoEy5Lhsj
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You never know what someone will do after they read a book. Unlearning Economics made a YouTube video that's been seen over 100k times. Pretty cool (link in next post)
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Having listened to a lot of Pitchfork Economics over the years, it was a real pleasure to be a guest on the show. Listen below
Free trade wasn't just about cheaper goods. It was about power—and who gets screwed. Catch the 2nd episode of our trade series with @natjdyer unpacking how David Ricardo’s theory of comparative advantage distorted economics for 200 years. 🎧Listen here: https://t.co/yxoEy5KJCL
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I personally became sceptical of mathematical formalism in economics after doing *too much* maths. As an economics undergrad, all I studied was statistics, econometrics, linear algebra, and calculus — and I realised how frighteningly little I learned about the real economy.
A lot of the anti-economics movement is just people who couldn't do the math in econ class and got mad about it
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Looks interesting
We are firmly in a new age of economic nationalism. The liberal international order is dying, protectionism is becoming mainstream, and economic policies are increasingly justified on national security grounds. Check out our new paper, where we discuss this global shift.
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The level of dehumanization all around the internet today, from people cheering on assassination to those cynically chomping at the bit for ideological retaliation before we even know the facts of the case yet, makes me glad ill be offline most of today.
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ICYMI - I guest hosted an episode of @macrodosepod over the summer on my book 'Ricardo's Dream' Spotify: https://t.co/g0TXnrqqAJ Apple:
podcasts.apple.com
Podcast Episode · Macrodose · 13/08/2025 · 16m
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@alybatt @nplusonemag More from Daly (qtd. @natjdyer Ricardo's Dream). I'd say that if the externalities undermine the conditions of possibility for what is considered internal, then theory has to be revised so they are in the foreground and don't slip into the background
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Mainstream political parties told the public: there's nothing you can do about globlalization, you just have to bend to it. Unsurprisingly, when other politicians came along promising to 'take back control' etc. they were popular. Perhaps it'll be a repeat with AI.
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Good thread on AI & governance. I've heard @rodrikdani make a similar point with an analogy with globalization:
1. The discussion over 'AI taking all the jobs' has been bothering me for awhile. In 2013, Jeff Bezos was asked about bookselling. "Amazon isn't happening to book selling, the future is happening to book selling." Blaming abstract forces is what monopolists ALWAYS do.
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Why is America letting its big corporations park their skyrocketing profits in tax havens? Is this making America great again ? Is this what America First looks like?
Woah Nellie. Foreign multinationals made the annual equivalent of 340 billion euros in Ireland in the first quarter of 2025. 1/
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Still so much to learn from Veblen - thread
136 years ago, in 1898, Thorstein Veblen proposed his “evolutionary” approach to economics. But is it still relevant today? "... economics is helplessly behind the times, and unable to handle its subject-matter in a way to entitle it to standing as a modern science." 🧵0/4
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Good thread on new details in the Dan Gertler Congo mining corruption saga
A 1,224 page arbitration decision shared with Bloomberg by @PPLAAF contains the 1st-ever testimony from Dan Gertler about his partnership w/ Katumba Mwanke incl. $100s of millions worth of payments to & shares held for Katumba & unnamed Congolese partners🧵 https://t.co/uZYNCYNEXP
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