JP Bastos 🧉 (@jpmvbastos) header
JP Bastos 🧉 (@jpmvbastos) profile picture

Assistant Professor of Economics @uaustinorg | PhD @TexasTech | Blog @ https://teapaw.org/t.co/prpXaccDcx

Austin, TX
Joined March 2015
Photo by JP Bastos 🧉 (@jpmvbastos)Photo by JP Bastos 🧉 (@jpmvbastos)Photo by JP Bastos 🧉 (@jpmvbastos)Photo by JP Bastos 🧉 (@jpmvbastos)Photo by JP Bastos 🧉 (@jpmvbastos)Photo by JP Bastos 🧉 (@jpmvbastos)Photo by JP Bastos 🧉 (@jpmvbastos)Photo by JP Bastos 🧉 (@jpmvbastos)Photo by JP Bastos 🧉 (@jpmvbastos)Photo by JP Bastos 🧉 (@jpmvbastos)
My paper with @VincentGeloso and @JamiePavlik is finally out in the Journal of Development Economics!
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JP Bastos 🧉 retweeted
Lula parece querer o mesmo destino de Nicolás Maduro.💣 Inacreditável a apuração do jornalista Sam Pancher sobre o encontro de Lula com o presidente do Irã. Pasmem: o Planalto escondeu o que foi tratado na reunião, mas a página oficial do governo iraniano publicou revelações bombásticas e altamente comprometedoras para Lula diante dos Estados Unidos.
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Very nice thread here on the social costs of scholar activism. This is an especially useful summary
I’m complaining about scholar activism today at the PPE Society. Handout:
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JP Bastos 🧉 retweeted
Justiça barra modelo de escola com nota alta em SP; assista #CNNPrimeTime
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By her own standards, if neoliberalism = fascism, it would follow that when government spending is at record highs, reaching >50% of GDP in Spain, people are complaining about her own “anti-fascist” program.
It’s high time to recenter from the neoliberal “free to choose” to “free to live”. That’s a core mission of Anti-fascist Economics.
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I would say Isabella Weber, in arguing that economics should focus on how to implement democratically selected policies, has simply shifted the notion of economics to what we conventionally call public administration - a discipline where policy implementation has long been a central theme. Much like a lot of economists, Weber doesn't mention that literature and seems to think this idea is novel when it's really just plain old public administration - which also did this better, in my view, because public administration was never preoccupied with calling this fascism. The novel approach might be to say economists should focus its mechanism design insight into public administration problems of implementation, but that has been done, so I'm not really sure what's really new here beyond conflating economics with public administration.
Everyone must watch this, listen carefully, critically engage, and consider the implications for a liberal pluralistic society. Take Weber seriously, and dissect the claims being made.
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New Creatine Freedom Map just dropped
BREAKING: Gavin Newsom bans sales of certain "muscle-building supplements" to Californians under 18, potentially including whey protein & creatine.
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VOCÊ ESTARÁ PRA SEMPRE NOS NOSSOS CORAÇÕES MEU PATRÃO DESCANSE EM PAZ!!!!
El Club Atlético Colón lamenta con profundo pesar el fallecimiento de Marcos Camino, histórico integrante de Los Palmeras y reconocido hincha Sabalero. Enviamos nuestras condolencias a sus familiares y seres queridos en este difícil momento.
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What is anti-fascist economics? Economist Isabella Weber explains. ft.trib.al/Y1DJ1ZX
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JP Bastos 🧉 retweeted
It's crazy that these top journals never woke up from 2020. An enormous failure of stewardship by the organizations that run them.
The "editorial" parts of NEJM, Science, etc. do so much harm to public perception of science. Why do this? Are we going to publish (basically the exact same essay) from a Pentecostal preacher? Science is too important for human prosperity to do this: kevinbryanecon.com/trust.htm…
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There are only two types of people: those who never heard of Wickard v. Filburn, and those who are outraged by it.
Happy Wickard v. Filburn Day to those who celebrate.
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China compra segunda maior empresa de concreto do Brasil, CFO renuncia e é substituído por filho de político Soberania demais
++ CFO DA CSN RENUNCIA E VAI PARA A AEGEA UM DIA DEPOIS DA VENDA DA CSN CIMENTOS A CHINESES POR R$12,7 BI; FILHO DE MERCADANTE, PRESIDENTE DO BNDES, ASSUME O RI INTERINO
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This is wrong on the theory and on the facts. There’s actually a great literature on how private actors — be it private companies or communities — were very efficient in providing supplies following Katrina, often before the government got there. Whole research project here: mercatus.org/tags/gulf-coast…
Replying to @mattyglesias
No! It’s not! This passage was discussing the aftermath of Hurricane Katrina. The passage declares that critics of price gouging “just don’t understand basic economics,” and that if you just “let the market work, suppliers will come.” But the supply shock after Hurricane Katrina had an actual cause: Transportation infrastructure was destroyed. Roads and railways and ports were swept away by the storm. The greedy price-gouger wasn’t inducing new supplies to enter the market—he could have been charging $100 or $1,000 for a bottle of water and it wouldn’t make any difference to whether a truck could get over a washed-out highway and into the disaster zone. The only actual solution to a shock like this is decisive government action to resolve those bottlenecks—to fix the infrastructure and get the essentials moving again. To respond to such a crisis with “let the market work, suppliers will come” is not just cruel—it’s stupid. It’s kindergarten-level magical thinking, dressed up as hardnosed realism. (Which I guess is a great description of your general thinking.)
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Replying to @trendounews
O SERPRO roda o GovBR no que ele chama de Nuvem Sobrerana, que na prática são servidores do Google, AWS, Oracle e Huawei. Essas empresas foram contratadas sem licitação e os termos do contrato são sigilosos, com trechos censurados até para os deputados federais. Descobri isso ao investigar quais são os custos do Tela Brasil, o "Netflix" do governo federal. Custos esses que são também secretos alegando "segurança nacional". Escrevi tudo que descobri aqui: estadao.com.br/tecmundo/cibe…
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No início de 1995, a inflação acumulada dos últimos 12 meses era de 916%. Ao final de 1995, havia caído para 22.4%, e fechou 1996 em 9.56%. Enquanto isso, o PT foi contra o Plano Real e @jandira_feghali fazia esse teatrinho pra defender cloroquina monetária, achando que juro se baixa na canetada. 30 anos depois, ela não aprendeu nada e se orgulha de continuar sendo uma terraplanista.
Curiosidade do dia. Em 95, o presidente FHC entrou em campo pessoalmente para impedir meu PL (e o requerimento de urgência para votação com muito apoio do Congresso) que limitava o teto de juros no país.
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JP Bastos 🧉 retweeted
BOMBA! Novas mensagens entre Moraes e Vorcaro registram 316 interações. - Moraes: Não basta ser pai, tem que participar rsrs - Vorcaro: Você é paizão “Mais que amigos, Brothers”
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Curiosity about formal verification: Both of the major languages, Lean and Bend, were created by Brazilians 🇧🇷
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A Somália é um caso super interessante porque o Estado era tão predatório que após seu colapso e transição à anarquia a vida da população MELHOROU! Leeson (2007) mostra que entre 18 indicadores de desenvolvimento, 14 ficaram melhores, 2 ficaram basicamente iguais, e apenas dois (relacionados à educação) pioraram. Leeson & Williamson (2009) explicam com uma teoria da segunda-melhor alternativa. Claro, seria ótimo se a Somália pudesse ter um Estado organizado e capaz de prover bens públicos. Mas quando a única alternativa estatal factível é um Estado controlado por uma facção de mercenários, talvez a segunda-melhor alternativa seja, de fato, a anarquia. Para quantos outros países (Sudão? R.D. Congo? Yemen?) a anarquia, onde nenhum grupo prevalece suficientemente para obter monopólio do uso da força, seria uma opção melhor? Leeson, P. T. (2007). Better off stateless: Somalia before and after government collapse. Journal of comparative economics, 35(4), 689-710. Powell, B., Ford, R., & Nowrasteh, A. (2008). Somalia after state collapse: Chaos or improvement?. Journal of economic behavior & organization, 67(3-4), 657-670. Leeson, P. T., & Williamson, C. R. (2009). Anarchy and development: An application of the theory of second best. Law and Development Review, 2, 77.
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Uma cidadã pode ser acusada de “abuso de poder” por fiscalizar o Tribunal de Contas? Em Mato Grosso, Sérgio Ricardo, então presidente do TCE-MT, acolheu um parecer que acusava Elda Mariza Valim Fim de abusar do direito de fiscalização. Sim: uma cidadã foi acusada de abuso de poder por questionar gastos públicos.
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