Luke Deer (@lukdeer) header
Luke Deer (@lukdeer) profile picture

Luke Deer

@lukdeer

Financial technology research | China, Australia. Podcast @FintechChinaS

 Sydney
ldeer.net
Joined May 2012
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Photo by Luke Deer (@lukdeer)Photo by Luke Deer (@lukdeer)Photo by Luke Deer (@lukdeer)Photo by Luke Deer (@lukdeer)Photo by Luke Deer (@lukdeer)Photo by Luke Deer (@lukdeer)Photo by Luke Deer (@lukdeer)Photo by Luke Deer (@lukdeer)Photo by Luke Deer (@lukdeer)Photo by Luke Deer (@lukdeer)
Things 15 yr olds will no longer be able to do on YouTube* from Dec: - Get help with school work - Learn a new skill -Watch a podcast - Learn how to produce music or play an instrument - Follow their favourite artist, gamer, band - Build an audience for their own creative talent
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Luke Deer retweeted
Glenn (@GlennLuk) profile picture
Glenn
@GlennLuk13 Dec 2024
Very awkward explanation of comparative vs. competitive advantage that fits a consistent pattern of confusing key concepts from macroeconomics and finance. ▪️ Comparative advantage is defined at the national level. ▪️ Competitive advantage is defined at the company level.
Michael Pettis (@michaelxpettis) profile pictureMichael Pettis
@michaelxpettis12 Dec 2024
Replying to @BaldwinRE
Comparative advantage is expressed in the exchange of goods. Competitive advantage usually means subsidies paid for mainly through the suppression of domestic demand. Joan Robinson explained the latter as "beggar my neighbor".
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For my sins I am back on T̶w̶i̶t̶t̶e̶r̶ X, looking forward to balanced, reasoned debate on China…My focus will be on China’s political economy and development (and not to get distracted by another stimulus bull run!)
Image from Christopher Aston (@keqiangCN)
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Please read every word of this. This is the reality we are talking about when it comes to superannuation policy. You think it’s taking people off the age pension and yet financial advisers are telling people to “spend money like there is no tomorrow. What you lose in capital could be made back through an enhanced ongoing age pension entitlement.” Of course we all know this. But we keep pretending that superannuation is magically making poor people rich and not a massive rort for everyone who would have saved and invested voluntarily.
Image from Cameron Murray (@DrCameronMurray)
Image from Cameron Murray (@DrCameronMurray)
Image from Cameron Murray (@DrCameronMurray)
Image from Cameron Murray (@DrCameronMurray)
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The Economist: "China has become a scientific superpower" Rare for me - maybe even unprecedented - to praise the Economist but this might be the seminal article on the current status of China's scientific might. Let's take a look 🧵 economist.com/science-and-te…
China has become a scientific superpower

China has become a scientific superpower

From plant biology to superconductor physics the country is at the cutting edge

economist.com
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Chinese academic raided by Australian police and offered $2,000 for information during trip | Australia news | The Guardian theguardian.com/australia-ne…
Chinese academic raided by Australian police and offered $2,000 for information during trip

Chinese academic raided by Australian police and offered $2,000 for information during trip

Exclusive: Sino-Australian relations expert had phone confiscated and was asked to provide information during ‘heavy-handed’ and ‘counterproductive’ episode

theguardian.com
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Nathan Sperber, Forecasting China? — Sidecar newleftreview.org/sidecar/po…
Nathan Sperber, Forecasting China? — Sidecar

Nathan Sperber, Forecasting China? — Sidecar

On political-economic storytelling.

newleftreview.org
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New report by @DoctorWeiLi and @lukdeer from the Business School and Stripe shows that nearly 50% of Aussie businesses plan to invest in digital payments in the coming year. Read more: bit.ly/44IoySu
Half of Australian businesses plan to invest in digital payments

Half of Australian businesses plan to invest in digital payments

Nearly half of Australian businesses plan to invest in digital payments over the next 12 months, according to new research from the University of Sydney Business School and Stripe.

sydney.edu.au
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Replying to @stripe
@stripe partners with The Business School for The Future of Digital Payments report. Led by @DoctorWeiLi & Dr @lukdeer the report explores digital payment trends and innovations to help businesses thrive in the digital economy. Findings will be out on 30 August at @IntersektFest.
Image from The University of Sydney Business School (@sydney_business)
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A heartfelt - and academically rigorous - essay from my @acri_uts colleague, Wanning Sun, on #WeChat and the many roles it plays for Chinese Australians. Via @ConversationEDU theconversation.com/friday-e…
Friday essay: Australia may ban WeChat – but for many Chinese Australians, it’s their ‘lifeline’

Friday essay: Australia may ban WeChat – but for many Chinese Australians, it’s their ‘lifeline’

Chinese Australians use WeChat for everything from paying bills and attending funerals, to helping community members in need. Banning the ‘super sticky’ app would do more harm than good.

theconversation.com
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Every year when I teach Chinese political economy at @LKYSch, I tried hard to find an easy-to-read article for the general audience that explains how China's banking system connects to local gov't debt and the real estate sector. I couldn't. So I wrote one:
Image from Adam Y. Liu (@AdamYLiu1)
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Replying to @NTEUNSW
And capitulation to a wholsesale restructuring of academic life at USyd, with the massive expansion of teaching-intensive jobs 😢
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Interpreting or misinterpreting China’s success A critique of Brandt and Rawski explanation of China's long-term growth branko2f7.substack.com/p/int…
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Paul Keating after Foreign Minister Wong’s unequivocal support for AUKUS at @PressClubAust: Never before has a Labor Government been so bereft of policy ambition - johnmenadue.com/never-before…
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Something I wrote on the political economy of AUKUS and its consequences johnmenadue.com/aukus-and-mi…
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"Bucking the Buck" is officially out. Here is a 🧵describing what you'll find in the book. 1/18
Image from Daniel McDowell (@daniel_mcdowell)
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“AUKUS commits Australia to fight China if America does, simple” lowyinstitute.org/the-interp…
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So Australia is now locked into a US war with China over Taiwan as US citizens R&L Murdoch always intended. Mouthpiece Greg Sheridan tells ⁦@InsidersABC⁩ there would be consequences if we didn’t play our part. (See also Korea, Vietnam, Afghanistan, Iraq).
Image from Quentin Dempster (@QuentinDempster)
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IN FULL: Former PM Paul Keating addresses @PressClubAust today on the Albanese Government's AUKUS pact . youtube.com/live/VmgxAoa1n-8… via @YouTube
IN FULL: Former PM Paul Keating criticises AUKUS pact and discusses...

IN FULL: Former PM Paul Keating criticises AUKUS pact and discusses...

Former prime minister Paul Keating examines the merits of the AUKUS...

youtube.com
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How sweet it is! Paul Keating eviscerates a string of journalists for their shoddy biased reporting on China & #AUKUS He takes them to task for not knowing facts, for exaggeration, &for one for the most egregious journalism in 50 years. Starts around 37:50 youtube.com/live/VmgxAoa1n-8…
Image from Peter Cronau (@PeterCronau)
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