What a line-up for the public lecture held to mark Isabella Weber’s inauguration as Karl Polanyi Visiting Professor: @isabellamweber.bsky.social @anninak.bsky.social @jayatighosh.bsky.social @kpolanyisociety.bsky.social

Com autoria de @isabellamweber.bsky.social, Jesus Lara Jauregui, Lucas Teixeira e a codiretora do Made Luiza Nassif Pires, "Inflation in Times of Overlapping Emergencies: Systemically Significant Prices from an Input–Output Perspective" venceu o Christopher Freeman and Richard R. Nelson Prize 2025.

Not for nothing there's a Javier Milei Institut in Germany www.milei-institut.de

Nice to be @npr.org's Book of the Day www.npr.org/2026/06/30/n...

Honored to deliver the Polanyi Lecture in Vienna tomorrow. Join me in person or online! Register at link below.

Das Lieblingsargument der Befürworter (etwa @suedekum.bsky.social gestern): “Pensionsfonds werden in Infrastrukturprojekte investieren.” In der Praxis, überall: Sie werden in *Private Equity Infrastrukturfonds* investieren. Wozu das führt? In die Infrastrukturhölle, siehe Thames Water. 9/

"Keine Spekulation mit unserer Rente" greift zu kurz. Fragen der Rentenfinanzierung betreffen nicht nur Rentenpolitik sondern sind auch 𝘧𝘪𝘯𝘢𝘯𝘻𝘸𝘪𝘳𝘵𝘴𝘤𝘩𝘢𝘧𝘵𝘭𝘪𝘤𝘩𝘦 𝘚𝘵𝘳𝘶𝘬𝘵𝘶𝘳𝘱𝘰𝘭𝘪𝘵𝘪𝘬. Progressive Kritiker*innen sollten in der Debatte die Folgen für Gesundheits-, Wirtschafts- und Klimapolitik mitdenken. 8/

Der KENFO verfolgt schon jetzt das Ziel, 30% seines Kapitals in "illiquiden Anlagen" zu halten, also "Private Equity, Private Debt und Infrastruktur Equity". Sicherung des Lebensstandards im Alter durch staatlich sanktionierte Extraktion von Profit aus Gesundheit, Pflege, Wohnen? 🤔 7/

Kapitaldeckung setzt einen selbstverstärkenden Prozess in Gang: Nachfrage nach Finanz-Assets ⬆️ -> Vermögenspreise ⬆️ -> Renditen in dieser Assetklasse ⬇️ -> Druck, in alternative Anlageklassen wie Private Equity umzuschichten ⬆️ Dieses Muster zeigt sich auch in anderen Ländern. 4/

Die Debatte in Deutschland ignoriert internationale Evidenz, dass Kapitaldeckung durch die Renditemaximierung der Pensionsfonds die Finanzialisierung befeuert. In den USA wäre Private Equity ohne Pensionsfonds nicht halb so groß. Ich habe das hier untersucht: journals.sagepub.com/doi/full/10....

Ich habe das in der @inesschwerdtner.bsky.social Ära hier erläutert. Das Umlageverfahren leitet Beiträge der Erwerbstätigen direkt an die Rentenbeziehenden weiter – keine Pensionsfonds, kein Private Equity, kein Druck, öffentliche Infrastruktur zu privatisieren und in Anlageklassen umzuwandeln. 2/

Die Koalition will einen Rentenfonds nach 🇸🇪 Vorbild, in den 2% des Lohns fließen. Wie schon bei Lindners Aktienrente (remember him?) greift die progressive Kritik an diesem Element der #rentenreform viel zu kurz. Internationale Evidenz zeigt: Kapitaldeckung = Finanzialisierungsmaschine. 🧵

As someone who tries to communicate about the politics of money and finance, I’m really feeling the italics in this skeet: Look over here! This is so important for how our society shapes lives! Be patient enough to understand!

Woher kommen die Private Equity Renditen, die im "schwedischen Modell" den Lebensstandard im Alter sichern sollen? Zunehmend aus Krankenhäusern, Pflegeheimen, Mietwohnungen – beliebte Anlageobjekte für Private Equity. Die Konsequenzen für den "Lebensstandard im Alter" sind fatal – literally: 5/

Very interesting paper and thread by friends on the tensions between inflation fight and accelerating the transition (which is key to anchor long term inflation expectations).

Tightening against an energy price shock is a crude response, that only works if it chokes the economy, and green investment with it. It shouldn't be so controversial for the ECB to accept it.

Can the ECB stop chasing oil price spikes, please? This is the message of this important study in a nutshell. Inflation is all about fossilflation. So, we need a way to stabilize our economies that does not undermine the green transition we need, which is exactly what rate hikes end up doing.

... implies a differentiated monetary policy response to fossil fuel price shocks. Consider this: Every single ECB tightening cycle has been in reaction to energy prices (orange) rising much faster than the overall consumer price index (green). 2/

Another striking chart from our report: The correlation between the fossil fuel share in the energy mix and the inflation rate during the two most recent inflationary episodes. The only exit from this cycle: renewables and electrification. What does that have to do with the ECB? A lot! 3/

(must-read) @isabellamweber.bsky.social book @suhrkamp.de Oct 13, 2026 #economics #macro Yes! I'm really looking forward to reading this fricking good #book soon.

Only a few days to go until the public lecture by our 11th Vienna Karl Polanyi Visiting Professor, @isabellamweber.bsky.social 📅 Friday, 26 June, 6:00 PM 📍 VHS Wiener Urania You can still register for the on-site livestream at VHS Wiener Urania's roof top hall: www.vhs.at/weber @wien.gv.at

Tolle #Marcant Podcast-Folge mit @maxczollek.bsky.social. Absolute Hörempfehlung! #bildetBanden

Maybe this should have been the cover for Anti-fascist Economics!?

daaaamn london

In »Extraktion« befasst sich @triofrancos.bsky.social mit den Folgen des »Extraktivismus« – einer Wirtschaftsweise, die auf der Ausbeutung von Ressourcen beruht. Am Beispiel von Lithium, einem Bestandteil von Elektroautobatterien, zeigt sie, welche Auswirkungen das hat: shrk.vg/Extraktion-B

"Ifølge @isabellamweber.bsky.social står det allerede klart, at følgerne af blokeringen af Hormuzstrædet ikke kun vil være en energikrise. »Det er også en gødningskrise og i sidste ende en fødevarekrise, som ikke kun handler om priser men decideret mangel på forsyninger«." Globalt!

On 30th May, the @i-laboetie.bsky.social and the For the People Foundation organized a roundtable on ecological planning that had @matthiasschmelzer.bsky.social, @mathildeviennot.bsky.social, @cedricdurand.bsky.social and @isabellamweber.bsky.social as speakers. www.indep.network/roundtable-d...

Der stolze Herausgeber hat es schon: Morten Paul mit „Was war Faschismustheorie?" ab kommender Woche lieferbar. Leseprobe: www.verbrecherverlag.de/shop/was-war...

Diese Woche in Berlin unsere Konferenz zu Krise und Tranformation. Mit @adamtooze.bsky.social, @isabellamweber.bsky.social, @robin-c.bsky.social uvm. 04.06-05.06. / Auditorium des Grimm Zentrums criticaltheoryinberlin.de/event/crisis...

Economics can either enable the slide toward fascism, or defend affordability, dignity, and democracy. I wrote ANTI-FASCIST ECONOMICS with my baby by my side—a constant reminder that the future should be livable for all. Out in October with Random House.

Rahel Jaeggi eröffnet das erste Panel von Crisis & Transformation mit @adamtooze.bsky.social, @isabellamweber.bsky.social, Joseph Vogl und Mario Candeias. @ktbberlin.bsky.social

I'm coming to Austria & Germany for the German edition of EXTRACTION (@suhrkamp.de) with events in Vienna, Freiberg, Berlin and Bochum. In collaboration w/ @surplusmagazin.de @rosaluxstiftung.bsky.social @kreiskyforum.bsky.social @dfg.de @ruhr-uni-bochum.de For info: www.suhrkamp.de/search?q=rio...

Put yourself in shoes of someone in a oil & gas importing country Its triage: which hospitals get fuel, which industries shut, which crops get fertilizers? Those who don't have deep pockets in a bidding war pay in increased hunger, lost wages and shrinking economies. tinyurl.com/PolycrisisWesleyan

Chinese oil imports doing what a buffer stock does.

🍅🍅🍅Tomatoflation 🍅🍅🍅 Price of tomatoes is up 39.7%. That’s terrible news for food affordability *and* public health. Tomatoes are one of the most popular fresh vegetables. Chart via @weisenthal.bsky.social

Cascade effects from systemically significant prices like energy and chemicals are coming, but it takes some time for them to ripple through supply chains. So, stay tuned. Thanks for the shoutout, @weisenthal.bsky.social! Our research paper is available here: academic.oup.com/icc/article/...

The so-called Vibecession was always about the prices of essentials. When the stuff people can’t do without becomes out of reach, people are right to have bad vibes. Housing affordability in the Biden years was worse than during the subprime mortgage bubble.

How to stop the global oligarchy? My answer is Anti-fascist Economics. Building back power for democracy starts from reclaiming the essentials of life from the exclusive rule of profits. So inspiring to join the discussion with @sanders.senate.gov. Thank you for your leadership!

“We have sold part of our oil to China through pre-sales, and the transfer of the purchased volume has already begun... The American side, according to its bilateral discussions with Beijing, is expected not to create any obstacles for the transportation of this oil by Chinese tankers"

How to stop the global oligarchy? My answer is Anti-fascist Economics. Building back power for democracy starts from reclaiming the essentials of life from the exclusive rule of profits. So inspiring to join the discussion with @sanders.senate.gov. Thank you for your leadership!

BREAKING: The fight over the prices of essentials is out in the open. What you pay for the things you can’t do without is a political question. Affordability in this crisis means facing up to corporations. The supermarkets aren’t thrilled with the cap, even though it’s voluntary.

Germany is conducting a nationwide experiment on whether austerity and neoliberal reforms really fuel the rise of the extreme right. So far it’s confirming the state of the literature. A new poll has the AfD at 28 percent, a comfortable 6 percent ahead. Chart via @patrickkaczmarczyk.bsky.social

Wie vermeidet man, dass Gaspreisanstiege die Strompreise in Mitleidenschaft ziehen, ohne den Bundeshaushalt zu belasten? Unsere Analyse zeigt: Der „Iberische Mechanismus“ kann helfen, die Folgen von Gaspreisschocks für den Strommarkt einzudämmen. 🧵 1/10 Studie: www.imk-boeckler.de/de/faust-det...

2 - Cost of living isn't just "vibes". This is important cos we see the same complacency in the UK. You don't win over a public that's being actively mugged by inflation, with spreadsheets saying "actually, you're wrong". As @isabellamweber.bsky.social said "inflation kills democracy". 3/

Why the Dems lost against Trump and why the UK is set to lose against Reform, unless the centrists break out of their complacent fug. Fascinating insights here by a former Kamala Harris staffer about why the Dems lost to Trump in 2024. 1/

There is one country in the world that stands out for its political economy of preparedness: China. Oil reserves are a state secret but the IEA estimate is low compared to Chinese news reports which suggest the reserve holds 180 days of national consumption.

Voters think they can have it all: an affordable life and a livable planet. They are right. Both is at the core of an anti-fascist economics that centers on making life livable for all rather than letting the far right dystopia of a burning planet rule. Chart via @triofrancos.bsky.social

Science publishing giant Elsevier has joined the dozens of firms and individuals suing artificial intelligence companies over their alleged use of copyrighted works in training AI models go.nature.com/4eFGLZK

Meeting @isabellamweber.bsky.social in person was @levyecon.bsky.social 40th anniversary convening was divine…her brilliance, bravery and commitments to truth and justice are reinforced by her warmth and humanity. I’m lucky to call her a friend

Same policy has just been implemented in Germany and it props up margins at the expense of tax payers.