#Economist

[mapsontheweb]

A map of protests in Russia that Alexei Navalny led back in 2017.

[yourdailyqueer]

Ayumi Yasutomi

Gender: Transgender woman

Sexuality: N/A

DOB: 22 March 1963

Ethnicity: Japanese

Occupation: Economist, politician, professor

Note: The film Reiwa Uprising was made about Yasutomi's attempt to be elected and was screened at the Tokyo Film Festival in 2019.

[one-time-i-dreamt]

I managed to fix the global economy and then some aliens abducted me to fix their spaceship (I'm not an economist or an engineer).

[a-d-nox]

astro observation: the 4 symbols on the economist 2025 cover/poster

paid reading options: astrology menu & cartomancy menu

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the two earths

this is an ultimate symbol of either duality, balance, or even conflict between how humanity views and/or interacts with the planet. we have seen this already and we are only 15 days in... look at the fires of LA, deforestation, pollution, etc. its time for humanity to wake up - with the transit of pluto into aquarius, i surely hope we will start to see people as a collective waking up to environmental reality! we need to act collectively to help the earth instead of harming it!

in astrology, earth isn’t typically a planet we analyze, but it symbolizes our tangible reality. the presence of not one but two earths point to environmental and/or global issues (the earths oppose one another the americas face off with africa and europe in the image) affecting the collective.

it may also be a reminder of the interconnectedness between celestial and earthly realms. i feel like everything has been very abstract for many of us and reality is going to hit this coming year...

the fiery red planet (maybe mars or the sun?)

if it’s mars, it represents action, conflict, and drive. mars often signifies war, ambition, and/or collective energy being directed toward challenges. which certainly seems to be at an all time high as it stands but i believe it suggests heightened geopolitical tension globally in 2025 as many political leaders (a sun quality, if it is the sun - maybe it's both or ambiguous?) have personal ambitions and agendas in mind.

if it’s the sun, it represents vitality, ego, and leadership. the red sun could indicate challenges around leadership, power struggles, and/or a focus on individual identity amidst collective crises. red is what color analyst call a power color - it is both singular and resilient (some saturn themes) but also brazen and angry. red also has a connection to being in debt AND REBELLION... i get a lot of 1984 by orwell vibes from this cover.

saturn

saturn is the grand daddy (cronos) in astrology, often called the “taskmaster.” it symbolizes discipline, structure, responsibility, and karma. its presence at the top of this collage could suggest that 2025 is a year of "reckoning," where all systems and structures face tests.

saturn’s influence might also reflect generational shifts that bring societal restructuring. i recently read quite a bit of the world economic forum's future of jobs report 2025 - over half of americas will need upskilling or be reallocated in the job market due to the decline of "capricorn" jobs as "aquarian" jobs begin to rise in this new era.

note: saturn enters aries (so maybe it is mars?) may 24th, 2025

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[higherentity]

[tilbageidanmark]

The Woodcutter and the Trees

[scotianostra]

On July 17th 1790 economist, philosopher and author Adam Smith, died in Edinburgh.

Smith attended the local school where he was bought up, in Kirkcaldy, Fife before enrolling, aged 14 at Glasgow University, then a central institution in the prevailing humanist and rationalist movement which later became known as the Scottish Enlightenment. Smith cites the lively discussions led by Professor of Moral Philosophy, Francis Hutcheson, as having a profound effect on his passion for liberty, free speech and reason.

In 1740, Smith was the recipient of the Snell Exhibition, an annual scholarship allowing Glasgow University students the opportunity to take up postgraduate study at Balliol College, Oxford.

Smith’s experiences at Glasgow and Oxford were completely different. While Hutcheson had prepared his students for vigorous debate through challenging new and old ideas, at Oxford, Smith believed “the greater part of the public professors [had] given up altogether even the pretence of teaching”.

Smith was also punished for reading A Treatise of Human Nature by his later friend David Hume. Smith quit Oxford before his scholarship ended and returned to Scotland.

On his return home Adam Smith became a professor at the University of Edinburgh. It was at Edinburgh that he met David Hume.who would become one of his best friends. Over the years, Smith and Hume would discuss economics and philosophy. During this time, Smith began to formulate the ideas that would make him famous.

In 1759, Smith published The Theory of Moral Sentiments. He gained some fame for this work and was offered the job of tutor for young Duke Henry Scott. As tutor, Smith began to travel throughout much of Europe. He met many influential people including French economist Francois Quesnay and American diplomat Benjamin Franklin. Smith's theories on the economy continued to develop.

In 1776, Adam Smith published The Wealth of Nations. This book became the foundation of modern economics. It introduced and explained many economic concepts that are still used today. The most important idea in the book is the idea of the free market economy. This is where he proposes that the most productive economy is one that is allowed to regulate itself without government intervention.

Adam Smith died in Edinburgh, on this day in 1790. Today, he is known as the father of modern economics. The Wealth of Nations is one of the most influential books in history. Most countries throughout the world today operate a mixed economy that combines the free market described by Adam Smith with some government intervention.

[metamorphosis-000]

Dr Victoria Bateman

[economicsresearch]

page 562 panel - But on a happy note at least I'm buried and crushed by my own photos and memories. I had a role to play in their creation. At least it's not a pile of text and images churned senselessly from the gaping maw of an AI machine. At least that. We aren't designed to sort the clutter we can produce and store for ourselves and we certainly aren't ready for a fire hose of nonsense imaginary. Even if its benign, and a lot of it won't be, at the very least we will be distracted by it, weakened, grumpy and confused. And that's a best outcome.

Also, this vacation was great.

[mapsontheweb]

Democracy in Africa, 2022.

[yourdailyqueer]

Dag Hammarskjöld (deceased)

Gender: Male

Sexuality: Gay / Asexual

DOB: 29 July 1905

RIP: 18 September 1961

Ethnicity: White - Swedish

Occupation: Economist, diplomat, Secretary General of the United Nations

Note: The first and only posthumous recipient of the Nobel Peace Prize

[lawyer-wannabe]

So here is what just happened…yesterday I have done the last subject of the curriculum which means that I am free to defend my thesis in about a month from now and officially become an economist. This is so crazy and unbelievable… I didn’t even have the chance to really appreciate it or be happy about it because I am just sooo exhausted. But thinking about how the last almost 3 years came down to this moment; all the hard work, anxiety, so many hard and dark moments and some beautiful ones of course… it’s just so incredible that it’s finally over. Well, almost.. fingers crossed for my last “exam” in late June/early July 🤞

[rage-against-the-anthropocene]

Review #1 of N. Gregory Mankiw's Principle of Micro Economics (9th edition)

Context

"[Opponents of the minimum wage] note that a high minimum wage causes unemployment, encourages teenagers to drop out of school, and prevents some unskilled workers from getting on the job training . . . Not all minimum wage workers are heads of households trying to help their families escape poverty. In fact, less than a third of minimum-wage earners are in families with incomes below the poverty line. Many are teenagers from middle-class homes working at part-time jobs for extra spending money" (117, Chapter 6 Supply, Demand, and Government Policies | The Minimum Wage)

Questions

???

Where is the data for the final statement? If not data, then why is it presented alongside statistics without a disclaimer, and treated as fact that opponents have pointed out? ("opponents of the minimum-wage point out" [117, Markiv]).

Disclaimer: am a teenager, paying for my own school, who is above the poverty line, but can't afford to move out of my parents house. Inherent Bias.