👇🎯🧵

Not to panic, friends. Off-balance-sheet liabilities only ever impact firm balance sheets during crises, such as those triggered by systematically mispriced valuations, faulty risk models, and opaque cross-exposures, so we'll probably be fine.

If the disease is susceptibility to wealth and power perhaps the treatment is limits on wealth and power. Or are we going to carry on being intensely relaxed about all this?

It's so adorable when the research and legal departments of the world's most venerable financial institutions discover the political economy of shitcoins...and press on anyway. papers.ssrn.com/sol3/papers....

Congratulations IDF on becoming the face of evil in the 21st century

Facebook-innlegget mitt om at arbeidslivet må endres for at flere uføre skal kunne jobbe, er blitt til innlegg i Aftenposten. De har strøket en "drit og dra!", men har beholdt "Herre milde Josef og Maria", så det er da noe. Lik og del, som dem sier.

Verdt å lese Tooze når man tenker på fantasillionene. Europa bruker sjukt mye spenn på forsvar. Det er bare på dumme måter on.ft.com/4ef96nn

LOL. Sveits skal ha folkeavrøysting i november om å innføre 50 % arveskatt på veldig store formuar og skatteflyktningar der vurderer no om dei må flykte vidare til Dubai. (betalingsmur) www.ft.com/content/1ca8...

Again, the real reason investors are not shifting away from 🇺🇸/the dollar is <math>. There is no place for everyone, in the aggregate, to go. There simply are not enough non-dollar safe assets. There <could> be. But we're talking <years> and huge policy reform, not months: bsky.app/profile/mcop...

Every single day. on.ft.com/409SaZx

Signe Gaupset sørger for at vi leder til pause 🔥

I’m sorry that economists don’t read or cite other disciplines & feel like they can “discover” new topics without reading the existing literature - something they would never tolerate in the other direction. But there are huge piles of books & articles about “geoeconomics” in IPE since the 1970s.

Vi vinner 3–1 mot Sogndal 🔥

Happy International Women’s Day from Rosa Luxemburg and me ✊❤️!

This is starting to remind me of the start of the pandemic, when every columnist had a "don't waste this crisis, we must now do [thing I have always wanted to happen anyway]" take

Jeg har skrevet et langt argument for hvorfor Oljefondet burde åpnes opp for andre investorer — både andre pensjonsfond og vanlige sparere — slik at flere kan benytte seg av et superbillig og superdyktig investeringsfond. Ingen betalingsmur! on.ft.com/3XimVKt

Veldig god tråd frå EU-forskar og EU-entusiast om kvifor det kan vere klokare å legge det nye militære samarbeidet i Europa utanfor EU. Trur særleg poenga om veto-dynamikker i EU, og det at vi treng få med UK (med sin militære- og etterretningskapasitet) er viktige.

I want to spell out the basic reason it’s so dangerous for Elon to have control of the U.S. payments system. It may seem like a technical matter, but the dynamics are simple. 1/x

Liberals comfortable with fascists, they can reform government after all, Gillian Tett edition. www.ft.com/content/f975...

What could go possibly go wrong? FT: “In Donald Trump, Wall Street will get what it wanted — and what it didn’t” on.ft.com/3YT0blj

Interessant fra Ole-Andreas Elvik Næss og Magne Mogstad om fritaksmetoden. www.dn.no/kronikk/skat...

The one where @bhgreeley.bsky.social bodies the Nobel "This year the Riksbank awarded its prize to a treatment of early modern institutions so selective it functions as a bedtime story for capitalists. The good institutions produced prosperity. The bad ones produced misery." on.ft.com/4f844Iv

The ordoliberalism will continue until morale improves 🇩🇪 bloomberg.com/news/article...

To understand how GOATed the US economy has been, consider that today's revisions have increased real GDP per capita growth by 1.2%, from 8.2% to 9.4% That 1.2% increase alone is more growth than the UK, Germany, and Canada have seen, and is almost on par with France (1.5%)

JD Vance on CNBC says that if immigration was the path to prosperity, then "America would be the most prosperous country in the world." (Who wants to tell him ... )

can you believe we used to make solar energy by letting plants convert sunlight to sugar, waiting a couple hundred million years, digging them up, and setting them on fire

I'm quite a fan of this paper, about how the millions we've spent looking into the genetic determinants of longevity have mainly been looking at genetic determinants of pension fraud www.biorxiv.org/content/10.1...

A guide to middle age time perception: the other day = sometime in the last two years last year = five years ago ten years ago = twenty five years ago fifteen years ago = sometime between sophomore year in HS through their early 20s

EU innfører ekstra toll på kinesiske elbilar akkurat same dag som eg har sak i KK som kritiserer EU for ikkje å gjere nok på elbiler og solceller. Tilfeldig??? Jepp(e)! Kjem eg likevel til å notere dette som «research impact» i jobbsøknadene eg skriv på om dagen? You betcha 😎😎

Dette er så sprøtt. Det er som om NAV skulle sende arbeidsledige på kurs med Herbalife.

Tangen og oljefondet tigger igjen myndigheitene om å få lov til å investere i Private Equity. Her får dei - vel fortent - gjennomgå i FT Alphaville. on.ft.com/3N38wNg

Proud to have contributed to this incredible report on current issues in international tax www.taxobservatory.eu/publication/...