"Globalisation, far from producing peaceful economic competition and state cooperation, has given birth to new and virulent forms of imperialism... resting on the organisation of production across borders and the command of money and finance." #imperialism #capitalism wearesparc.org/balancesheet...

As put by JP Morgan: "In bear markets, stocks return to their rightful owners" ie Only those w privileged access to credit & high quality collateral survive. With each financial crisis since 1980s there has been wave of consolidation across all industries, inc housing assets bsky.app/profile/70sb...

Shorter @katie0martin.ft.com today bsky.app/profile/alda...

Let's fucking go

We have extended the CfP until next week, April 17th If you considered applying and haven't done so this far, this is your chance!

We are hosting a workshop on methodology, bringing together both qualitative and quantitative methods on balance sheets and money hierarchy. 12-13 June at FU. Applications to [email protected]

I am teaching in 1 hour and my slides are not done wish me luck lol

Put down social media. Text your 5 best friends/group chats of choice that article you have been reading and get angry of them for not putting down everything and sending you an adequate response within 30 minutes.

Private credit people going to work on a random Tuesday

I love a good "see this problem is not new my dear pk friends" quote, especially when it concerns the role of the state and financial markets

Currently closely monitoring the gold price based on the line outside of the goldsmith's next to my therapist's office

Me teaching dialectical materialism to the kids

If you're only going to read one paper about the Eurocrisis in your entire life, it should be this one. The devil's in the details, but what makes this paper so strong is that it once and for all disproves the way many economists and politicians alike talk about the Eurocrisis

Our website is refurbished, our datasets are online, and you can now see what we've been up to in applying Monetary Architecture to explain financial cycles and balance sheet expansion & contraction. Very excited to have this out and looking forward to the many more things to come!

📣 News from the OBFA-TRANSFORM project 📣 Our Emmy Noether research group is fast approaching its halfway point and we’ve recently received confirmation of funding from @dfg.de for the second project period from 2026 to 2029 🎊 That's why we are launching our new website at obfa-transform.eu

POV: the deadline for the PhD proposal is in 52 hours and you are starting to question all your life decisions

Me

SAPE 2 Imperialism: Economics of Re-armament and Militarism with Costas Lapavitsas and Clara Mattei, chaired by Hanin Khawaja is on 📍Wednesday 29 October 6-8pm UK time📍. Supported by @gftuet.org.uk Please find the discussion topics below. Sign up to receive Zoom link: bit.ly/47u3rZb

Join us at this year's Historical Materialism Conference - to discuss pressing issues such as rising authoritarianism and climate breakdown, the new age of Imperialism and the social foundations of AI. If you're lucky you might even get to fight some cultural Marxists after a few drinks ;)

Thank you so much for organising this! Not only were the presentations amazing, but also very helpful in finding inspiration for my PhD proposal. Plus I am now convinced that Leeds has by far one of the coolest PhD cohorts in the field of Economics

On Tuesday, we hosted a workshop on Global Banking and Global Stability (one of my favorite topics and the focus of my PhD) at the University of Leeds with many of my favorite researchers in the field. Porque los gustos hay que dárselos en vida (y antes que se termine el doctorado).

This is quite frankly so much worse than I imagined... Former Austrian chancellor Sebastian Kurz: ‘I will remain someone with a political opinion’ - on.ft.com/47mmHWV via @FT

Every day I wake up and wonder if there will be any "safe assets" left to analyse by the time I start my PhD

Person on the train is currently setting up her lecture on "The Philosophy of Monsters" using ChatGPT and I don't think she realises the irony nor the potential she is missing out on making this her case study

A first taste test has given promising results!

our macro-finance share house is reaching unprecedented levels of nerdiness: lets see what FT coffee tastes like @averenasour.bsky.social

My days are a constant back and forth between feeling like a genius and not understanding what money is... #thesislife

"Crypto is not a Ponzi scheme" Meanwhile crypto in the UK:

Them: so what exactly are you studying? Me:

I have so many questions...

Making it to the 9 am session after yesterday's conference dinner and the drinks and discussions that followed was hard, but so worth it @hetecon.bsky.social

You need to stop talking shit about Piketty discovering dependency theory. Step up your game. Be honest. "Piketty's PhD students discovered dependency theory"

My favourite part about constantly waking up late is that everyone else has already read the most important new FT articles and summarised them for me on this app 🤝

Macro girls on the rise like the price level during the green transformation 🔥📈

ohh these football fans are not so *peaceful*?? guess what isn't either (inflation)

I am deeply disturbed by the fact that the Bank of England uses EXCEL GRAPHS in official policy papers...

We too want imperialism to be the foundation of our economic strength!

"trump can fire everyone he wants but not the Federal Reserve Chair because that will crash our stock portfolios" - Alito, Thomas, Roberts, et al.

What this looks like in my head:

I am afraid I can not keep this a secret from you. You should be aware that this what SOAS student group chats during exam season look like. @anninak.bsky.social @iliasalami.bsky.social @bbonizzi.bsky.social @ingridhk.bsky.social @cacrisalves.bsky.social

I have my first exam at @soasuni.bsky.social tomorrow and every single reading is a banger. I have never been this excited to be an economist. I am so incredibly grateful for being able to study at a department where almost all of my idols were shaped and continue to shape students like me.

Today I learned that the stock market is closed on Labour Day but I have to go to university

The world's most powerful insurance companies warn the climate crisis is on track to destroy capitalism. Here's Günther Thallinger who's a board member of Allianz: www.theguardian.com/environment/...

Research seminar on Money and Payments: Evolution or Revolution? with Jörg Bibow next week at @hertieschool.bsky.social in cooperation with Global Climate Forum. Organized by @steffenmurau.bsky.social and Monica DiLeo. Registration (optional): globalclimateforum.org/2025/04/01/money-and-payments/

Tried solving a Contingent Renewal Model with DeepSeek. It is trapped in a loop of arguing that the equations don't make any sense... I think this is the most beautiful representation of what it feels like to be a leftist doing mainstream micro I have ever encountered

"...that’s the gist of his plan: to effect in 2025 a decisive anti-Nixon Shock — a global shock that cancels out the work of his predecessor by terminating the Bretton Woods system in 1971 which spearheaded the era of financialisation." via @yanisvaroufakis.bsky.social unherd.com/2025/02/why-...

There's never been a better time to start nerding out on concepts of monetary hierarchies and world money. Nothing more scary yet strangely exciting than to see the Jenga tower slowly getting more wobbly - so who will put in the stabilising block?

The world has surrendered to climate breakdown. Partly because capital refuses to let go of profit opportunities in the fossil fuel sector. I believe that we will be talking about "stranded assets" a lot more in the future, but the stranding will be by disaster, not design.