econ/sta, nongchaoer, anything comforting put me on guard - inquisitor-in-chief
Nairobi, Kenya
Joined December 2019
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Abdi Jama retweeted
Today's news about Nvidia CEO Jensen Huang resigning is yet another example of my paper with Jerry Montonen and Dave Macdonald. Hierarchical relationships within firms are inevitably very complicated and can be quite costly for firms.
Link to paper: nber.org/papers/w34346
Abdi Jama retweeted
Lawyer ABSHIR was dumped today somewhere in Isiolo by Kenya's security forces. Just imagine how impotent and embarrassed the High Court judge who heard the Hebeas Corpus application is feeling this evening. The judge was given endless opportunities to lead the process and force the police to release ABSHIR. Instead he twiddled his thumb, abdicated his duty and allowed the security organs to a make a fool of him. Judges with no backbone have no business in the judiciary. They must go home and look after their grandchildren.
Abdi Jama retweeted
No se pierdan el obituario que Adam Liptak escribió a Richard Posner:
Tenía 33 cuando escribió Economic Analysis of Law y es el académico más citado en el segundo periodo del siglo XX. Le ganó por dos a Dworkin.
nytimes.com/2026/11/11/us/ri…
This is where I came across Richard Posner for the first time by John Casiddy of the New Yorker and a amazing read indeed.. newyorker.com/magazine/2010/…
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Abdi Jama retweeted
If you have never read Posner's enjoyably eccentric analysis of Homer, remedy that tonight: jstor.org/stable/2380498
We mourn the loss of Senior Lecturer Richard Allen Posner, a longtime #UChicagoLaw scholar, former federal appellate judge, and pioneer in the field of law and economics, who died on November 10.
Read more about his legacy: buff.ly/e3c3WdL
ALT In loving memory of Richard Posner 1939-2026
Abdi Jama retweeted
In “Transcendence for Beginners,” the philosopher Clare Carlisle suggests that any life, even an ordinary one, is a portal to divinity. newyorker.com/books/page-tur…
Abdi Jama retweeted
Excited to share this new paper, co-authored with Max Mihm & Lucas Siga. We study a lemon's problem in organizations and politics that arises when one side has better info about which policies are viable and what they entail. Comments welcome!
Link here: sites.psu.edu/nageebali/file…
Abdi Jama retweeted
Every time I see these gigantic debt numbers for the US and many European countries, I am reminded of Dornbusch's Law:
"The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought."
BREAKING: US federal debt surged +$422 billion in October, to a record $40.6 trillion.
Since July 1st alone, US federal debt has soared +$1.2 trillion, averaging +$300 billion per month.
This is equivalent to an increase of ~$10 billion per day.
As a result, the US total public Debt-to-GDP ratio is up to 123%, the highest since the 2020 pandemic peak.
Meanwhile, the Treasury borrowed a record $839 billion through auctions of Treasury bills and notes last week, with the majority going toward repaying holders of maturing bills.
This surpassed the previous all-time high of $834 billion set during the same period in 2025.
The US debt crisis is in full-swing.
Boy is going places..
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Abdi Jama retweeted
I'm leading a writing workshop at Jigjiga University on December 10th with my research team from the University of Toronto. See the call for participants below 👇🏽 – we're accepting applications until November 20th
Abdi Jama retweeted
Untuk mahasiswa ekonomi dan mereka yabg tertarik issue kelas menengah dan pembangunan, saya sarankan membaca buku karya Dani Rodrik ini. Ini buku yg sangat menarik dan bagus sekali. Argumen dasarnya: demokrasi membutuhkan kelas menengah yang kuat, kelas menengah yg kuat membutuhkan pekerjaan yang layak. Strategi pembangunan apa yg bisa menciptakan lapangan kerja yg layak.
Melanjutkan diskusi ini, saya menulis artikel di IMF’s Finance and Development Why Development Feels Harder. Ini link nya 👇
imf.org/en/publications/fand…
Abdi Jama retweeted
El economista Wilhelm Röpke sobre en qué consistió el llamado “milagro alemán” de 1948. Básicamente consistió en:
Libertad en el sector de bienes y servicios y disciplina en el sector dinero. Es decir, fin de la inflación y supresión del aparato coactivo económico.
Marx was, after all, not for "labor" but for "leisure." Understanding this light, true Marxists should rally behind the banner of AI, advocating for the automation of laborious and arduous tasks that consume time which could otherwise be devoted to
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Good thread..
Che cosa studiano gli economisti?
Ogni lunedì il National Bureau of Economic Research (NBER), un istituto di ricerca statunitense senza fini di lucro, diffonde nuovi studi. Si chiamano working paper perché gli autori li fanno circolare per raccogliere commenti prima della valutazione da parte di una rivista scientifica.
Ogni settimana ne scelgo alcuni e provo a raccontarli qui.
Le domande del lunedì · 9 novembre 2026 · 1/5
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Abdi Jama retweeted
John Maynard Keynes on economics and dentistry:
“If economists could manage to get themselves thought of as humble, competent people, on a level with dentists, that would be splendid!”
Abdi Jama retweeted
Stabilising Kenya with Micro Foundations: The Nobel Prize for Economics 2026 and What It Means for Kenyan Economic Policy - IEA Kenya ieakenya.or.ke/blog/stabilis…
