@insee.fr vient donc de sortir son édition 2025 du "🇫🇷, portrait social" Avec notamment des données sur les très hauts revenus et très hauts patrimoines Et ce graphique : -l'augmentation entre 2003 et 2022 des très hauts revenus 118% -celle du premier quart de la population 23% Sans commentaire

Housing. It’s all about housing.

This will likely also have consequences for the EU, where Donohoe was just confirmed in July 2025 for a third term as Chair of the Eurogroup:

Populism thrives not because voters are misled, but because they reject ‘institutionalism’: a world where rules embed the values of elites, while their own are sidelined. It’s a calculated choice for freedom over constraints. Nice piece by @erik-jones.bsky.social erikjones.net/2025/11/08/a...

Ireland is pioneering a Basic Income for the Arts—€325/week for 2,000 artists, no strings attached. The pilot showed a €1.39 social return for every €1 spent, boosting creativity, productivity, and well-being. A model for Europe’s cultural policy? 🎭📚🎵 #BasicIncome www.ft.com/content/15a6...

This is the future: ✅ Lower bills for consumers ✅ Resilient grids—less need for costly upgrades ✅ Cutting carbon emissions ✅ Energy independence—fewer fossil imports, less money for putin and Trump The energy transition isn’t just green—it’s smart policy. www.theguardian.com/environment/...

Great to see that ECB staff is anticipating the future structural LTROs to be green (as per the chart colors) @isabelschnabel.bsky.social 😉 #GreenTLTROs

EPP = Elite Patronage Party www.euractiv.com/news/exclusi...

An excellent idea!

finally some competitive advantage for the Dutch: unlike the Chinese, we are not weaponizing your electric bus.

"why would any politician want to throttle the nascent tech that could make electricity more affordable and abundant for millions of people, just because it’s also green?" www.ft.com/content/8bf1...

💥🤯Shocking findings from this new IMF working paper: inflation outcomes were similar between inflation targeting and non-inflation targeting countries, despite more aggressive rate hikes by the former. 🔗 Read more: www.imf.org/en/Publicati... #MonetaryPolicy #Inflation #CentralBanks

Exactly! www.theguardian.com/environment/...

The FT once again siding with left-wing activists because 80%of the political spectrum has chosen to defend oligarchs and, well, common sense and basic economics both conclude that oligarchs are a nuisance.

Very spot-on analysis, but the proposed solution are quick fixes, no long-term solution to democratically re-align central banks' with society's high priorities. www.ft.com/content/3640...

Sur Wikipédia, des internautes ne cessent de tenter d'associer le parti nazi ou Hitler à la gauche, et caviardent leur rattachement à l'extrême droite.

Note the wording.. Ms. Machado receives the prize for: - promoting democratic rights - struggle to achieve a just and peaceful transition - At a time when democracy is under threat - where democracy is in retreat - more and more authoritarian regimes are challenging norm www.nobelpeacecenter.org/en

Reprendre le contrôle de l'énergie (le vrai moteur de l'économie, le cœur de la crise climatique...) : est-ce la clé de tout ? J'ai posé la question à @lucaschancel.bsky.social www.lemonde.fr/idees/articl...

France's political crisis has escalated into a regime crisis. At this point, the highest priority should be 1/ to avoid that the chaos brings the far right to power (no dissolution) and 2/ to ensure future 2027 elections can plausibly result in a functioning government in spite of fragmentation.

Le gouvernement par la dette est devenu un instrument de sécession sociale www.lemonde.fr/idees/articl...

This makes so much sense.

Les gens qui n’ont toujours pas compris qu'il fallait faire contribuer les très riches à l'effort commun ne comprennent rien à la France.

Draghi, one year after his report, still not mincing words on EU industrial policy: “Europe’s response has fallen into two traps: uncoordinated national efforts, or blind faith that market forces will build new sectors.” Amen!

The Fed’s future isn’t just about interest rates—it’s about power, politics, and the very purpose of central banking. 👀🍿 www.ft.com/content/2f38...

Capital won’t stop funding SUVs, private jets, and industrial beef—no matter how much the planet burns. We urgently need outright nationalisation of key industries, workplace democracy and credit guidance frameworks. Great article by @jasonhickel.bsky.social tribunemag.co.uk/2025/09/can-...

One point: central bank independence was the core tenet of neoliberalism, but it was the rise of market-based finance and the deflationary bias in fiscal policy, key features of the neoliberal era, that forced central banks into a position that made political backlash inevitable.

“Are central banks like the Fed really independent in the first place? If so, of what and whom? And what goals are they “independently” pursuing?” — @brettchristophers.bsky.social

European bank shares hit highest levels since 2008 https://on.ft.com/4onRmLi

Unlike today, central banks in the 1980s avoided financial losses when implementing anti-inflationary measures because they didn't remunerate bank reserves and their balance sheets didn'tt carry the legacy of a decade of large asset purchases at low interest rates/long maturity.

Sinds 2022 heeft de Europese Centrale Bank de rentetarieven fors laten stijgen. Dat heeft een negatief effect gehad op de energie­transitie, schrijven Sanders et al. esb.nu/monetaire-ve...

Nouvelle collaboration depuis la Grèce, par Basile Dekonink, à propos de cette information folle : les partis doivent un milliard d’euros aux banques, qui bénéficient de la complaisance des autorités politiques. www.mediapart.fr/journal/inte...

"The reason why it is tempting to imagine that we can just declare net zero unachievable and move on is that, for many politicians, it means being able to focus on the stuff that excites them" (...) "people do not go into politics because they want to manage crises " www.ft.com/content/c40f...

En effet trop peu de gens le savent! Il suffit de faire 10 contributions par mois à Wikipédia pour avoir accès ) tout un catalogue de revues academiques et journaux incluant par exemple Nature, Foreign Affairs, Gruyters... wikipedialibrary.wmflabs.org

Excellent résumé www.youtube.com/watch?v=slWp...

The Patriots, a far-right group that opposes the Green Deal, has ended up in charge of parliamentary negotiations on the EU's 2040 climate target. Centrist MEPs are up in arms. Free to read: www.politico.eu/article/far-...

There's no place for institutional finance in rental markets. It's a predatory extraction machine that robs the poor and middle. But one thing I'd add: we should stop calling these people "investors". They don't "invest". They buy up and milk existing assets. 🧵 www.theguardian.com/commentisfre...

Best description of the relevance of the "natural interest rate" in the ECB's strategic framework😂

Eurostat release today shows that renewable energy was the leading source (47.3%) of all electricity production in the EU. In contrast, coal-based energy production shrunk by 10-15%. ec.europa.eu/eurostat/web...

The ECB's strategy review results are out. Not a single mention of "supply" in the strategy statement -- which suggest to me they will continue to adopt a blind approach regardless of the specific characteristics of supply shocks. They have learnt nothing... www.ecb.europa.eu/mopo/strateg...

« Pour ce qui est des économistes écologiques hétérodoxes qui remettent en cause le système capitaliste, ils sont persona non grata dans la plupart des facultés d’économie, sans parler des grandes revues scientifiques. » (sans parler de la plupart des médias aussi) www.lemonde.fr/idees/articl...

Surprisingly good ECB blog post on the Weimar trauma: "it appears the experience of hyperinflation in 1923 did not immediately birth the policy lessons engrained within collective memory today" www.ecb.europa.eu/press/blog/d...

Higher rates delay the green transition.😱🤦‍♂️ “A 25 basis point rise in ECB policy rates was associated with -8% in new installed capacity for offshore wind and -26.5% for solar PV." "It is evident from our results that policy rate changes are not neutral with respect to energy technologies.”

A paper that should keep central bankers awake at night: "we demonstrate that traditional Taylor rules fail to stabilize inflation in both regimes [of persistent supply shocks]" Nice job @bde.es🇪🇸 ! repositorio.bde.es/handle/12345...

European industry is wrong to blame the Green Deal for its own failures, according to Ottmar Edenhofer, a leading climate economist. www.ftm.eu/articles/ott...

A simple, radical proposal by Olivier #Blanchard and Angel #Unide for creating a large, liquid eurobonds market. This would lift a key obstacle to the emergence of the euro as a major international currency and would help create an alternative to the dollar. www.piie.com/blogs/realti...

I doubt Christine Lagarde is seriously considering leaving the #ECB early to lead the WEF. But even entertaining the idea sends the wrong message: that central banking is just another elite stepping stone, not a public duty. The ECB needs credibility, stability—and leaders who stay the course.

"opposing Eurozone bonds outright would mean missing out on a much bigger opportunity that would benefit frugal countries." www.ft.com/content/dc3a...

Voilà, on se retrouve la semaine prochaine avec ma série documentaire diffusée sur France Culture bien sûr. Les épisodes seront en ligne lundi 26 après 18h.

"When inflation and production move in the same direction, the central bank does not have to make a trade-off between stabilising inflation and production. But in cases of supply shock, a trade-off must be made between stabilising inflation and production." www.riksbank.se/en-gb/press-...