BC SOCIETY
Saved by @Mollyycolllinss

Yesterday #AdamSmith said things work pretty well when people have perfect liberty to choose a trade and where to practice it? In this half of the chapter he specifies the ways people aren’t at perfect liberty, and whose fault it is. (I.x.c.1) #WealthOfTweets #SmithTweets

 And (spoiler) it's government policy’s fault! They restrain competition in some places, increase it in others, and obstruct free movement of labor. (I.x.c.2) #WealthOfTweets #SmithTweets
Many government restraints on competition are “as foolish as can well be imagined.” Like how coachmakers can’t make the wheels for coaches, but wheelmakers can make coaches. (I.x.c.9) #WealthOfTweets #SmithTweets
Lots of the rules he objects to have to do with apprenticeships, which may be one reason he’s not a fan of apprenticeship in general. (I.x.c.11) #WealthOfTweets #SmithTweets
Your labor belongs to you. It’s unjust for anyone to interfere with your sacred right to work. That doesn’t mean they have to hire you, just that it is a violation if a guild or government forbids someone from working. (I.x.c.12) #WealthOfTweets #SmithTweets
Our right to SmithTweet is sacred and inviolable! (I.x.c.12) #WealthOfTweets #SmithTweets
Time to complain about apprenticeship again. It’s not even a guarantee of quality work! It doesn’t even make young people industrious! Unnecessary, idle, worthless. How do you really feel Dr. Smith?(I.x.c.13–16) #WealthOfTweets #SmithTweets
Working in towns is more profitable, but towns rely on rural areas to keep them going. Trade, for Smith, is always as much about cooperation as competition.(I.x.c.19–26) #WealthOfTweets #SmithTweets
Town workers can meet up more easily, so they are more protective of their trades, jealous of their secrets, and try to prevent competition by guilds and agreements when it can’t be outlawed. (I.x.c.22) #WealthOfTweets #SmithTweets
Country labor requires a more diverse skill set, and while the workers sound “rustic” they are often heckin’ smarter than the more specialized town workers. (I.x.c.24) #WealthOfTweets #SmithTweets
“People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public or in some contrivance to raise prices.” (I.x.c.27) #WealthOfTweets #SmithTweets
We’d be mad about that, but in ch 8 he was equally annoyed by masters getting together to drive wages down. The point is everyone wants to make $$. Sometimes they behave badly as a result. (I.x.c.27) #WealthOfTweets #SmithTweets
(This is why humans need all the stuff in Smith’s OTHER book, The Theory of Moral Sentiments, as well as all the stuff we’re tweeting about. It takes both pieces to be fully human.) #WealthOfTweets #SmithTweets
It’s a mistake to think we can predict which trades will need workers and try to do artificial things to promote entry into those trades. It just overloads those trades and makes people poor.(I.x.c.33–37) #WealthOfTweets #SmithTweets
Before the invention of printing, scholar = beggar. Before the invention of Twitter, SmithTweeter = (I.x.c.38) #WealthOfTweets #SmithTweets
Stopping the free circulation of labor is bad for our general prosperity, and it’s inhumane to workers. It forces the poor to stay poor, and impedes their right of exit. (I.x.c.45–57) #WealthOfTweets #SmithTweets
“Whenever the legislature attempts to regulate...between masters & their workmen, its counsellors are always the masters.” Smith is no fool. He knows all about the dangers of aristocracy of pull. (I.x.c.61) #WealthOfTweets #SmithTweets
We're not going to lie to you, Smithketeers. (oh, fine, Smithians.) #AdamSmith is really really bad at dividing up chapters in anything approaching an equal fashion. Chapter 11, coming tomorrow, is going to take almost 2 weeks to tweet. WORTH IT! #DigressionOnSilver

More from @AdamSmithWorks

@AdamSmithWorks
@AdamSmithWorks
@adamsmithworks
#WealthOfNations I.ii is all about the secret sauce origin story: why does the division of labor happen in the first place? #AdamSmith illustrates (in part) with doggos to hold our attention. (I.ii.2,5) 🐶 #WealthOfTweets #SmithTweets #DoggosDontTrade

Divsion of labor, Smith said yesterday, is responsible for a whole heckuva lot. But who thought of it? Nobody! It's "not originally the effect of any human wisdom, which foresees and intends that general opulence to which it gives occasion." (I.ii.1) #WealthOfTweets #SmithTweets

There's no mastermind behind economic exchange, our "propensity to truck, barter, and exchange one thing for another" (I.ii.1) arises out of our natural tendency to persuade one another and better our condition. #WealthOfTweets #SmithTweets

Yeah, there's a lot in that first paragraph. #WealthOfTweets #SmithTweets

You know what's coming, right? 🍖🍻🍞 Butchers, brewers, bakers: they don't make us things because they love us. They're not our moms. (I.ii.2) #WealthOfTweets #SmithTweets
ECONOMY , GOVERNMENT
@AdamSmithWorks
@AdamSmithWorks
@adamsmithworks
The great thing about #AdamSmith is that when he's about to go off on a 65 page tangent, he warns you. Humans, we bring you the DIGRESSIONS ON SILVER! #OhLawdHeComin #WealthOfTweets

Oh King Edward III, it’s adorable that you think you can just decree that servants and laborers become permanently content with wages fixed at the rate they were at five years ago. https://t.co/NtOmttquJ3 (I.xi.e.2) #WealthOfTweets #SmithTweets


He’s already digressing, and he can’t take a minute to share the menu from that famously magnificent feast with us? (I.xi.e.4–5) #WealthOfTweets #SmithTweets

Super Important 18thC Vocab Geekery: When Smith says the price of the quarter of wheat wasn't “supposed to be < 4 oz silver” he doesn’t mean “shouldn't be.” He means “wasn't thought to be.” He’s not approving of fixed prices. (I.xi.e.7) #WealthOfTweets #SmithTweets

So. Many. Wheat. Prices. (But really, Smith is talking about how much wheat it takes to buy a quantity of silver, NOT how much silver it takes to buy a quantity of wheat.) (I.xi.e.1–14) #WealthOfTweets #SmithTweets
SOCIETY
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@AdamSmithWorks
@AdamSmithWorks
@adamsmithworks
Today we come to the topic @EconTalker has called one of the more underemphasized lessons from #AdamSmith: That the Division of Labor is limited by the Extent of the Market. a.k.a Book 1 Chapter 3. #WealthOfTweets #SmithTweets

We love ya, Smith, but we see why people don't dwell on this chapter. Unless they are really into the navigable waterways of the late 18th century. (I.iii.3–8) #WealthOfTweets #SmithTweets #RiverEnthusiastsRejoice


The first two paragraphs of this chapter are the meatiest. Then things get a little...#WealthOfTweets #SmithTweets


The more people there are to trade with, the more labor can be divided. Wealth of the people included in the market increases disproportionately as the division of labor progresses. Because division of labor is special sauce. (I.iii.1-2)#WealthOfTweets #SmithTweets

This seems like common sense. No one to trade with? You won't produce stuff for trade. Instead you'll produce the things you need, and because you need many things you won't specialize. No specialization, no division of labor. (I.iii.1–2) #WealthOfTweets #SmithTweets
CULTURE
@AdamSmithWorks
@AdamSmithWorks
@adamsmithworks
#DivisionOfLAbor, we love it! Except it *does* make it a lot harder to provide for our own wants directly. We live by exchanging and cooperating with others. (I.iv.1) #WealthOfTweets #SmithTweets

#AdamSmith is too smart to think all this exchanging and cooperating got worked out easily from the very beginning. There must have been bumps in the road. (I.iv.2) #WealthOfTweets #SmithTweets

Butchers could have so much meat to trade with bakers/brewers that they could end up with an unusable surplus of bread/beer. That stalls trade. Smart people would work to have a supply of an always-useful trade item on hand. (I.iv.2) #WealthOfTweets #SmithTweets

(We, the SmithTweeters, have never encountered a surplus of bread or beer we couldn't handle. But let’s assume Smith knows what he’s talking about.) (I.iv.2) #WealthOfTweets #SmithTweets


This is how we get money, folks! We want a stable, always desirable, easily stored, and easily transportable thing we can trade for other stuff! (I.iv.2) #WealthOfTweets #SmithTweets
SOCIETY
@AdamSmithWorks
@AdamSmithWorks
@adamsmithworks
In yesterday’s discussion of colonies, #AdamSmith was really good on a lot of issues—particularly on condemning murdering Indigenous people, despoiling colonies in search of gold that ain't there, and then pretending you're doing it all for God. #WealthOfTweets #SmithTweets

Today, Smithketeers, will not be such a feel-good day. You will not be heartened. You might want to pour a cup of tea. Or something much stronger. #WealthOfTweets #SmithTweets

Smith starts by noting that the colonies of developed nations where the “natives easily give place to the new settlers” get rich and cultured faster than anywhere else.

That phrase “give place to” cloaks a lot of horrors. (IV.vii.b.1) #WealthOfTweets #SmithTweets

The reason colonies can do so well (for everyone but the Indigenous peoples, that is) is that settlers import the social, political, and technical know-how from the old country. (IV.vii.b.2) #WealthOfTweets #SmithTweets

There’s lots of land, which means you need lots of workers and are willing to pay them high wages.
Workers + land + money ➡ kids!
And more people ➡ prosperity. (IV.vii.b.2–3) #WealthOfTweets #SmithTweets
SOCIETY

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History Under Your Feet
History Under Your Fee...
@HUFToday
Today is also death anniversary of P.V.Narasimha Rao, the man who liberalized the Indian economy, and opened it up. And more than anything else, provided the much needed stability for India in the turbulent 90s. One of the best PMs IMO. #PVNarasimhaRao


The man who dismantled India's Licence Raj, opened up relations with Israel, adopted a Look East Policy. P.V.Narasimha Rao took over as PM, when India was faced with multiple challenges both on political and economic front in 1991.

Assasination of Rajiv Gandhi, Economic crisis, India was facing a bleak scenario, in 1991 when PVNR became the PM. It is to PVNR's credit that when he stepped down as PM in 1996,more people in India were optimistic about their future, more confident. #PVNarasimhaRao

I was one of those who grew up during the PVNR era, experienced the initial changes he bought along. He introduced far sweeping reforms( forced or otherwise) , when he was just running a minority Govt dependent on allies support. #PVNarasimhaRao

Heading a minority Govt,PVNR managed to pass through crucial bills on economy, not a mean feat at all. He had to deal with the Nehruvian-Socialist lobby in his own party, apart from the Left, but managed to push through the economic reforms. #PVNarsimhaRao
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Gaurav Sabnis \U0001f1ee\U0001f1f3\U0001f1fa\U0001f1f8
Gaurav Sabnis 🇮🇳🇺🇸...
@gauravsabnis
So much #FactCheckBait being put out by IT Cell today and so many people biting.

What is #FactCheckBait? Fascists putting out tweets or messages with very obvious rebuttal properties. So non-fascists are distracted by rebutting or fact checking them. And the fascists get more name recognition. What have the top sanghi twitter accounts done other than provoke?

Why are so many sanghi bigot handles famous & well followed on Twitter despite having no notable quality other than getting called out by liberals? Cos that's all it takes. If they can fool liberals into QTing or even screenshot-ing them, they become heroes and then are like


Another example of #FactCheckBait. This sanghi wants you to identify them while pointing out the very obvious flaws in their logic. This sanghi is counting on it to improve their visibility. Don't give them that oxygen. Call them out like this, without IDs, if you must.


As pointed out by @bongopondit, peak #FactCheckBait was Ted Cruz saying rejoining the Paris climate agreement was about appeasing Paris not Pittsburgh. He knows it's BS. He's an evil psychopath but not dumb. He wants you to QT him and distract from his insurrection efforts.
SOCIETY
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Noah Smith
Noah Smith
@Noahpinion
1/OK, I should really write another thread about university-centric regional development, because I think people often make some (very understandable) mistakes when thinking about this issue.

2/The biggest myth, I think, is that universities help regions by educating locals as undergraduates.

Skeptics of universities say: "But most of the people who graduate end up leaving."

3/In fact, most of what a university does for a regional economy is NOT about educating local kids.

Educating local kids is good for the nation, but doesn't help a region much.

The way a university helps a region is through

4/Undergraduates usually leave town after graduation.

But university RESEARCH pulls in OTHER smart people from other regions, and they stay there.

Here's a paper showing that this is the main way universities increase a region's human capital:

5/Research also pulls in business investment.

Companies want to partner with university labs, so they can commercialize the technologies the labs produce. So they invest in the labs, and sometimes they even put their offices in the town.
SOCIETY
Dant\xe9 Stewart (Stew)
Danté Stewart (Stew)...
@stewartdantec
As many of you know, I was apart of the white evangelical tradition. I have talked about things I learned about being Black in white spaces. Now I want to say some things about what I learned about once being a Black evangelical returning back to the Black church.

A thread.

Spending years in white evangelical churches and schools, specifically from 2012-2018, shapes Black people in more ways than we would like to admit. It shapes us to diminish Blackness, devalue our people’s story, and always test what we have against the white logic and litmus.

This is particular reality for us Black men in that space. White Christians exploit our vulnerabilities, give us the room to speak, while simultaneously subverting and devaluing Black women and their struggles and their grievances. Opportunities abound for us and we take them.

We are invited into the meetings, we are given the mic, we are asked to lead groups on race, the Black church, etc. We are asked though often we actually haven’t read or thought deeply about each. We become a weapon. Profiting and policing/punishing those who get out of line.

All the while, white Christians feel good about themselves and other Black people are left to clean up the mess we’ve made, the ways we’ve made fools of Black folk, and the harmful ways we’ve learned to think, and to preach, and to be around us. It is profoundly depressing.
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Dr. Alexander Hamilton | Alter Ego: AHAM
Dr. Alexander Hamilton...
@DrAlexHamilton
MY RACIST

If U remember from an earlier post I brought up Sen Elizabeth Warrens remark that "Obama did more for Wall Street than Main Street." I concur. U can ignore poor black people all day, but under no circumstance can U ever ignore poor white

Now Biden must be careful not to repeat the same mistakes of Obama. Biden most go big & go big fast. Fuck inflation. Order the treasury to start printing money. You will not beat Trump by impeaching or prosecuting him. You must beat him on the battlefield of ideas & you do so by-

helping the people he ignored. People with good jobs, food on the table & a roof over their head dont have time to do insurrections. If U help these people, you will choke off the fuel to Trumpism. Some black people will criticize me for taking this approach. My simple retort is-

you can't out-violence white people. We don't make guns. We don't make bombs. We don't make shit. You have to make it such that everyone eats. Otherwise you have to deal with the warning Heather McGhee lays out in her new book: white

Obama did not get this. He made it such that only rich white oligarchs got to feast. Everyone else got crumbs. I need you to get precisely what peace requires. There are a good number of white people in this country which would rather burn this country down than to allow any-
SOCIETY

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Vibhu Vashisth
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Do you know?

The Golden Shine on the artificial jewellery of modern times is a gift by Nagarjuna.

Now,u might be wondering,who is Nagarjuna?

Nagarjuna was the name of an ancient Indian scholar&scientist whose name is associated with the fields of Alchemy,Chemistry& Metallurgy.


He conducted a number of alchemic and Metallurgical experiments directed towards transforming base elements into Gold.
According to Eduard Sachau's Alberuni's India, Nagarjuna was termed as a Metallurgist who was born 100 yrs before Alberuni's time, who was born in 973 CE.


According to some records Nagarjuna was born in 9th century CE near Somnath,Gujarat and according to some Tibetan & Chinese sources he was born in Vidarbha,Maharashtra from where he later migrated to Deccan region.


Edward Schau quotes in his book,'They have a science similar to Alchemy and Nagarjuna is famous for this science which they call as 'Rasayana'.

Nagarjuna's book 'Rasaratnakara' is one of the earliest documented texts on Alchemy,Chemistry & Metallurgy in Sanskrit.Nagarjuna successfully discovered through his experiments the alchemy of transmutation of base metals into Gold.This was not real gold but a gold like substance.
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सा विद्या या विमुक्तये...
@raghav_aanya
कुंडली में 12 भाव होते हैं। कैसे ज्योतिष द्वारा रोग के आंकलन करते समय कुंडली के विभिन्न भावों से गणना करते हैं आज इस पर चर्चा करेंगे।
कुण्डली को कालपुरुष की संज्ञा देकर इसमें शरीर के अंगों को स्थापित कर उनसे रोग, रोगेश, रोग को बढ़ाने घटाने वाले ग्रह


रोग की स्थिति में उत्प्रेरक का कार्य करने वाले ग्रह, आयुर्वेदिक/ऐलोपैथी/होमियोपैथी में से कौन कारगर होगा इसका आँकलन, रक्त विकार, रक्त और आपरेशन की स्थिति, कौन सा आंतरिक या बाहरी अंग प्रभावित होगा इत्यादि गणना करने में कुंडली का प्रयोग किया जाता है।


मेडिकल ज्योतिष में आज के समय में Dr. K. S. Charak का नाम निर्विवाद रूप से प्रथम स्थान रखता है। उनकी लिखी कई पुस्तकें आज इस क्षेत्र में नए ज्योतिषों का मार्गदर्शन कर रही हैं।
प्रथम भाव -
इस भाव से हम व्यक्ति की रोगप्रतिरोधक क्षमता, सिर, मष्तिस्क का विचार करते हैं।


द्वितीय भाव-
दाहिना नेत्र, मुख, वाणी, नाक, गर्दन व गले के ऊपरी भाग का विचार होता है।
तृतीय भाव-
अस्थि, गला,कान, हाथ, कंधे व छाती के आंतरिक अंगों का शुरुआती भाग इत्यादि।

चतुर्थ भाव- छाती व इसके आंतरिक अंग, जातक की मानसिक स्थिति/प्रकृति, स्तन आदि की गणना की जाती है


पंचम भाव-
जातक की बुद्धि व उसकी तीव्रता,पीठ, पसलियां,पेट, हृदय की स्थिति आंकलन में प्रयोग होता है।

षष्ठ भाव-
रोग भाव कहा जाता है। कुंडली मे इसके तत्कालिक भाव स्वामी, कालपुरुष कुंडली के स्वामी, दृष्टि संबंध, रोगेश की स्थिति, रोगेश के नक्षत्र औऱ रोगेश व भाव की डिग्री इत्यादि।
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Suhas S. Hardutt
Suhas S. Hardutt
@HarduttSuhas
Marvels of Medical Science in Ancient India

ACHARYA SUSHRUTA and SUSHRUTA SAMHITA

Ancient Indians were pioneers in diverse fields of study and their genius was centuries ahead of their times. Feel the glory, basking in pride of their unparalleled achievements.

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Sushruta (circa 7th or 6th century BC) was a surgeon who in present times is known as the “father of Indian medicine” and “father of plastic surgery” for inventing and developing surgical procedures. He lived in Kashi on the banks of river Ganga.(1)

His work documented in the Sushruta Samhita (compendium) is one of the oldest texts in the world on plastic surgery and regarded as one of the trilogies of Ayurveda. The other 2 being the Charaka Samhita and Astanga Hridaya.(2)

Sushruta compiled the Sushruta Samhita as an instruction manual for physicians to treat patients.(3)

The Samhita caters to surgical techniques listing over 300 surgical procedures and 120 surgical instruments. Additionally to 1,120 diseases, injuries and their treatments with over 700 medicinal herbs and their application.(4)
RELIGION
The New York Times
The New York Times
@nytimes
Stan Lee’s fictional superheroes lived in the real New York. Here’s where they lived, and why. https://t.co/oV1IGGN8R6


Stan Lee, who died Monday at 95, was born in Manhattan and graduated from DeWitt Clinton High School in the Bronx. His pulp-fiction heroes have come to define much of popular culture in the early 21st century.

Tying Marvel’s stable of pulp-fiction heroes to a real place — New York — served a counterbalance to the sometimes gravity-challenged action and the improbability of the stories. That was just what Stan Lee wanted. https://t.co/rDosqzpP8i


The New York universe hooked readers. And the artists drew what they were familiar with, which made the Marvel universe authentic-looking, down to the water towers atop many of the buildings. https://t.co/rDosqzpP8i


The Avengers Mansion was a Beaux-Arts palace. Fans know it as 890 Fifth Avenue. The Frick Collection, which now occupies the place, uses the address of the front door: 1 East 70th Street.
CULTURE
Conviction | Patience
Conviction | Patience
@unseenvalue
H was always unseen in S2NL :)

Those who exited at 1500 needed money. They can always come back near 969. Those who exited at 230 also needed money. They can come back near 95.

Those who sold L @ 660 can always come back at 360. Those who sold S last week can be back @ 301
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