Deepak K's Avatar

Deepak K

@deepakkumasan.bsky.social

Research Economist, Reserve Bank of India | PhD | critical political economy & macro | 'elite bahujan' | views are personal, without exception.

1,084 Followers  |  517 Following  |  8 Posts  |  Joined: 21.09.2023  |  1.997

Latest posts by deepakkumasan.bsky.social on Bluesky

The Bretton Woods Twins and the Trump Tariffs: Implications for the Global South โ€“ IDEAs Almost six months after โ€œLiberation Dayโ€, on 2 April 2025, when US President Donald Trump announced his decision to impose varying levels of tariffs on imports

Lot of discussion on the 'real' effects of tariffs on exporting (Global South) countries through fall in external demand -- but as concerning are the financial implications of widening trade imbalances! Wonderful piece by CP Chandrashekhar.
www.networkideas.org/2025/10/09/t...

10.10.2025 11:24 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Any recommendations on work that extends the critique from the Cambridge Capital Controversy to microfoundations in the new neoclassical synthesis/new consensus/New-Keynesian model?

Any leads would be appreciated!

#econsky #macrosky

18.12.2024 10:38 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
Preview
Did COP29 Fail Women? | by Marรญa Fernanda Espinosa - Project Syndicate Marรญa Fernanda Espinosa is unimpressed by the latest UN Climate Change Conference's outcomes for gender-responsive finance.

"Women and children are 14 times more likely to die in climate-related disasters than men, and women comprise 80% of those displaced by extreme weather...yet for every $100 of climate finance deployed globally, only 20 cents goes toward supporting women."

www.project-syndicate.org/commentary/c...

11.12.2024 12:21 โ€” ๐Ÿ‘ 4    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
Post image

๐Ÿ†• The new climate finance text is out and weโ€™re down to two main options ministers came up with. unfccc.int/sites/defaul...

No โ€œheadlineโ€ number yet, but option 1 is an indictment of climate finance as it currently is. Countries will settle for billions so long as itโ€™s *not more loans*.

21.11.2024 04:24 โ€” ๐Ÿ‘ 16    ๐Ÿ” 8    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

Would appreciate being added, thank you!

18.11.2024 15:15 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Would appreciate being added, thank you!

18.11.2024 13:35 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

As promised (threatened?), I made a starter pack of heterodox and political economists! You'll see a range of pluralist theories here, as well as some heterodox-friendly economists that may be more mainstream. go.bsky.app/J86RtKh

13.11.2024 15:59 โ€” ๐Ÿ‘ 169    ๐Ÿ” 76    ๐Ÿ’ฌ 30    ๐Ÿ“Œ 15
Post image

Hereโ€™s why @ingridhk.bsky.social, @surbhikesar.bsky.social, and I think that the 2024 Economics โ€˜Nobelโ€™ winning framework of understanding how institutions are formed and affect prosperity is Eurocentric, ahistorical, and wrong www.epw.in/journal/2024...

19.10.2024 17:59 โ€” ๐Ÿ‘ 23    ๐Ÿ” 12    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 2
Preview
The Fed and the โ€œSoft Landingโ€ - Policy or Luck? The biggest factor in accounting for the strength in the economy is the continuing importance of the wealth effect in sustaining consumption by the affluent.

"A major factor in the decline [in US inflation] is the simple fact that Americaโ€™s workers were..unable to raise their nominal wages in line with the rise in the cost of living. Falling real wages absorbed the shock to the price level"

www.ineteconomics.org/perspectives...

03.10.2024 03:18 โ€” ๐Ÿ‘ 4    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
Banking Turmoil in a Declining Europe Europe is clearly battling to stall its decline in the global economy. Most recently, the Mario Draghi report on โ€œThe future of European competitivenessโ€ commissioned by the European Union reflected t...

"Europe is clearly battling to stall its decline in the global economy..this European disease, while leading to much handwringing on the future of Europe vis-ร -vis the rest of the world, is in practice triggering economic conflict within Europe as well."

www.networkideas.org/news-analysi...

03.10.2024 03:06 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

From the Crimson piece I see Larry Summers & Jason Furman have denounced the denunciations while calling the Palestine solidarity statement outrageous. This is why so many of us are fed up with the liberal Zionist establishment: bullying, repression, and authoritarianism are what Zionism has become.

12.10.2023 01:16 โ€” ๐Ÿ‘ 25    ๐Ÿ” 8    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0
Preview
An acknowledgement of womenโ€™s work in economics - hits, misses, and a long road ahead The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2023 was awarded to Claudia Goldin, professor of economics at Harvard University, for โ€œhaving advanced our understanding of...

In today's Hindustan Times, Rosa Abraham and I write about the works of the 2023 Nobel in Economics, Claudia Goldin - some of the key contributions, relevance for India, and where it falls short.

#econsky

www.hindustantimes.com/india-news/a...

10.10.2023 05:54 โ€” ๐Ÿ‘ 5    ๐Ÿ” 3    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
Post image

Global value chains have lengthened, although without the accompanying network densification that might indicate that supplier relationships are diversifying.

New paper by BIS:

www.bis.org/publ/bisbull...

08.10.2023 14:04 โ€” ๐Ÿ‘ 12    ๐Ÿ” 4    ๐Ÿ’ฌ 2    ๐Ÿ“Œ 0
Preview
Sky Follower Bridge Instantly find and follow the same users from your Twitter follower on Bluesky.

๐Ÿ‘‹๐Ÿฝ This makes the transition smoother: chrome.google.com/webstore/det...

03.10.2023 10:05 โ€” ๐Ÿ‘ 2    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0
Preview
Why These Leftists Oppose Free Money A conversation with Daniel Zamora Vargas and Anton Jรคger about why a โ€œbasic incomeโ€ isn't such a progressive welfare idea.

Veterans of the many guaranteed income threads on Twitter (RIP) won't be surprised by anything here but it is a good intro to critiques of UBI/GI from the Left.

www.thenation.com/article/econ...

02.10.2023 19:34 โ€” ๐Ÿ‘ 8    ๐Ÿ” 2    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

In one of Robert Borkโ€™s papers thereโ€™s an offhand remark about โ€œthe uneconomic concept of power.โ€ If power is an uneconomic concept, then economics is a worthless discipline that should be abandoned, nothing more than propaganda & ideology, not a social science. ๐Ÿ“‰๐Ÿ“ˆ

02.10.2023 01:14 โ€” ๐Ÿ‘ 13    ๐Ÿ” 5    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

@deepakkumasan is following 20 prominent accounts