Just finished discussing this book with our pol. econ PhD students. We all liked it, some more other less, for its attention on consumption as institutionally defined, historical findings, and the general argument about the similarities of business strategies of US retailers digital or otherwise.

Really enjoyed this book! Raises a whole bunch of really vital questions about power and transition, and does so much to get us beyond a rote insistence on state action in climate politics.

Béla Greskovits. An absolute mensch. As decent and considerate a man as he is accomplished a scholar, and he’s a very accomplished scholar.

But what are you trying to be free of? The living? The miraculous task of it? Love is for the ones who love the work. poets.org/poem/student...

“For a Student Who Used AI to Write a Paper” — Joseph Fasano Now I let it fall back in the grasses. I hear you. I know this life is hard now. I know your days are precious on this earth.

Feeling *extreme* FOMO to be missing this event happening at Columbia today and featuring a packed roster of GOATs including @veenadubal.bsky.social @jathansadowski.com @bcmerchant.bsky.social and others!! iserp.columbia.edu/events/new-l...

The young age profile fully offset population losses from negative migration in Central and Eastern Europe between 1990 and 2020. Population Council just featured my Population and Development Review paper in a short summary! #demography #migration #Poland popcouncil.org/insight/driver…

Driving myself slightly mental thinking about pension fund capital and spatial metaphors. It can’t be ‘unlocked’ or ‘deployed’ because that (wrongly) suggests it has a *location* - it is *here* and could/should be *there*. Pension capital is a store of value that is turned into claims in *time*

To survive in the bond market, libertarianism needs subsidies. My latest geoeconomic.substack.com/p/spare-a-st...

🚨New publication with Kristijan Kotarski: Enduring Structural Power? Assessing the Dominance of the Anglosphere in Global Finance Before the Trump Turn Includes novel visualizations of global finance (banking, portfolio inv & FDI) showing persistent US centrality hrcak.srce.hr/clanak/487488

This afternoon!

When central banks were asked to "do smth" about climate, the Fed sat it out, the ECB experimented then retreated but the PBOC planned green and brown money at scale. geoeconomic.substack.com/p/central-ba...

Obviously a self-serving recommendation, but I've found this chapter useful for structuring + historicizing discussions about sovereign debt in my IPE classes. Students often find sovereign debt intimidating, so breaking down how these contracts are written/enforced/restructured can be helpful.

already 10+ years ago wade jacoby said that europe was a trade dependent status quo power in a world in which the status quo was disintegrating and trade was stagnating and this (car industry lobbying) is one big reason why the EU is not up to the challenge h/t @palmapolyak.bsky.social

Treasury seizes the £5bn for a new strategic bitcoin reserve on my 2026 bingo card

Washington thought coercion would keep China down. But as @yelingtan.bsky.social @Mark Dallas @himself.bsky.social & @abenewman.bsky.social show, it did the opposite. Dependence became danger — and China learned to turn US pressure into its own power. geoeconomic.substack.com/p/america-th...

OK, given we're in "snark at the econ Nobel*" time of the year - something I am genuinely interested in knowing: What's the most robust counterintuitive finding in your particular subject/specialism? *yes, we know

PTSD: I recall the numbing feeling at a recent Sciences Po seminar when Aghion spoke as keynote...

At the French foreign office where Sciences Po director Luis Vassy notes that no other course gets as much student demand as security studies. Good news for my job prospects, I guess.

L'économiste français Ph. Aghion qui a conseillé E. Macron sur sa politique économique en faveur de la croissance, justifiant ainsi de nombreuses régressions sociales (droit du travail etc), une politique économique en échec, vient de recevoir le Prix Nobel d'économie. Fin de la blague.

Fühlt sich irgendwie surreal an, wenn das Nobelpreiskomittee Arbeiten zu anhaltendem Wachstum auszeichnet und vor einem Rückfall in Stagnation warnt, während die Welt brennt.

The world is a Cobb Douglas production function. Growth depends on innovation and the Impatience of the Representative Agent. The “size of innovations” depends on research activity and skilled labour. How much does this help us understand current trends in productivity, automation and inequality?

Aghion and Howitt 1992 wins the Nobel Prize? Safe choice I suppose but does rather highlight the extent to which the discipline has run into dead ends on the big questions about growth, productivity and distribution.

I don’t think this stuff can ever recover from this burn from Krugman.

Finally a reason to be proud to be Hungarian. Please read Laszlo Krasznahorkai, he is very good.

Me when my paper's policy implications still haven't been implemented one year into into the peer review process.

Over the last two decades, Romania, Czechia and Slovakia cut their life expectancy gap with the EU27. But Hungary, Poland and Bulgaria remain stuck — showing little convergence. #demography #lifespan #Poland #Hungary #Romania

CBI is legitimised by 2 arguments. Progressives should defend 1 and keep fighting against 2. 1. Classic separations of powers. The king should not held the purse directly 2. The inflation nutter credibility argument (k&p77,b&g82,rogoff85) whereby the cb plays a discipline role against labor demands

Here is the URL: journals.sagepub.com/doi/full/10....

Our latest paper on how far authoritarian leaders can go to instrumentalize the local banks for political survival. It should be of interest to US colleagues and anyone interested in US politics.

Interested in how authoritarian leaders use banks within their inherited neoliberal polity on the global semi-periphery? To get clues what might Trump be tempted to do with the FED and the banks? check out our latest article on Hungary and Turkey.

the FT read Miran (Trump's appointee to the FED) so i didn't have to, and i read the FT so you don't have to. Miran's proposals for FED "independence" substantively: www.ft.com/content/cc45... free link with registration.

Interested in how authoritarian leaders use banks within their inherited neoliberal polity on the global semi-periphery? To get clues what might Trump be tempted to do with the FED and the banks? check out our latest article on Hungary and Turkey.

♨️Hot off the press The 3⃣rd article of our SI (w/ @elsaclaramassoc.bsky.social) on the Transformation of Banking @Competition is online Fulya Apaydin, Dora Piroska & I study the various ways in which authoritarian leaders instrumentalise the banking sector 👇 doi.org/10.1177/1024...

Free books! For reasons too complicated to explain I now have multiple copies of all of the books 👇… if you’re fairly local (ie. in the UK) and would like any/all of them please let me know…

EU Enlargement is back! In this new article, we detect with @matthiasthiemann.bsky.social and Dan Mocanu the rise of a state-like network led by DG ENEST, networked through @eib.org, the EBRD and national development banks, defined by the logic of blended finance. www.tandfonline.com/doi/full/10....

New deadline! CPERN Midterm Workshop 2025 (Helsinki, 30 Juli - 01 Aug) Critical political economy and the time of monsters: Understanding the present, imagining the future Submit your abstract by 21 March to [email protected] Call: criticalpoliticaleconomy.net/2025/01/14/c... See you there!

We're hiring! Two tenure-track openings for Assistant Professors in Political Science or International Relations. Sharing = 🙏❤️ www.universiteitleiden.nl/vacatures/20...

Excited to present with @piroskadora.bsky.social our paper “Between EU capital market integration and crypto” at the “Capitalist Transformations in East and Central Europe”. Thursday at 9 CET (10 Rom/Est time). Feel free to Zoom in, register here: capitalist-transformations.com/registration/

Another special mention goes to Romanian Hungarians, who voted 90% for Dan both in Romania and Hungary, showing again the liberalizing influence of integrated ethnic minorities (see Rovny). Together, Hungarian and Moldovan support make up about 60% of the 800.000 votes Dan won by 8/x

In an almost completely unexpected turn of events, the Romanian presidential elections were won by the pro-EU independent candidate Nicușor Dan. Two weeks ago, Dan was losing to the radical-right George Simion by 60% to 40%. Here are a few of the ways that made this outcome happen as it did. 1/x

Wherein I opine that the upcoming presidential elections in Poland will either enable or stymie democratic reform after the PiS years. For a largely ceremonial office, this one matters. goodauthority.org/news/trzasko...

For my first Bluesky publication, I am happy to share that my first single authored article is out in Comparative European Politics and open access! The article aims to explain the concept of moral hazard's domination of the EU's policy response to the Great Recession rdcu.be/embpS

I am glad to present our "paper in the making" with Edgars Eihmanis on the interlinkages of Capital Markets Union and Fintech and Crypto developments in the Baltics. Participation is free of charge, but requires registration here: lnkd.in/dKUxwzfV

#VendrediLecture 📚 In a @jeppjournal.bsky.social special issue on wartime EU, Matthias Thiemann, Dan Mocanu & @piroskadora.bsky.social show how a shift of EU funds toward blended finance instruments changed the modalities of EU enlargement. #EuropeDay 👉 www.tandfonline.com/doi/full/10....

Wien – Stadt des Friedens & Europas: Wien, im Herzen Europas, steht für 80 Jahre Frieden, Demokratie & Zusammenhalt. 1945 begann im Roten Salon des Rathauses der Weg in ein freies Österreich – der Weg der 2. Republik, der über die Neutralität Österreichs von 1955 bis zum EU-Beitritt 1995 führte.

Ten reasons why you should support  EUobserver @euobserver.com : euobserver.com/inside-euobs... And one more reason: I write columns for EUobserver!

EU Enlargement is back! In this new article, we detect with @matthiasthiemann.bsky.social and Dan Mocanu the rise of a state-like network led by DG ENEST, networked through @eib.org, the EBRD and national development banks, defined by the logic of blended finance. www.tandfonline.com/doi/full/10....

Such an important call by @katalincseh.bsky.social to respond to Orban’s hideous Pride ban👇 Please share it widely & write your representatives. Also: no one from the @ec.europa.eu has offered more than deep concerns so far #SeeYouAtBudapestPride 🏳️‍🌈 www.theguardian.com/commentisfre...

Slovakia’s parliament passed a bill yesterday tightening rules for nongovernmental organizations, which critics say resembles Kremlin-style legislation.