3-part series
Economics Fundamentals
A connected argument in 3 parts. Read in order for the full thread.
- 1
The Economics of Remittances
Remittances are Nepal's largest single source of foreign exchange and a quiet reshaper of its economy. A short note on what the data does and doesn't tell us.
2 min - 2
The Fiscal Deficit Debate, Reconsidered
Fiscal deficits are talked about like a moral failing. They are, more accurately, a question of what the borrowing buys. A reconsideration of the deficit debate.
3 min - 3
The Quiet Logic of Monetary Policy
How central banks actually move the economy — interest rates, expectations, and the awkward gap between models and reality. With a small simulation in Python.
4 min