Mark Blyth
@mkblyth.bsky.social
📤 2121
📥 290
📝 85
pinned post!
Published May 6th 2025. Everything you ever wanted to know about inflation but were far too busy to ask. Go get it now!
8 months ago
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Applications are open for the Finance Summer School 2026. Last two have been at Brown. This one is at LSE thanks to LSE European Institute and Huth Initiative, plus the Berkeley Program on Finance and Democracy. Stellar Line up. Apps open:
forms.gle/WsEVk4Yy52Dn...
11 days ago
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Actually, not final for today. New Rhodes center Podcast is out. Seth Rockman interviews Sven Beckett about his new book, Capitalism: A Global History. Enjoy:
player.captivate.fm/episode/76bb...
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A global history of capitalism
Quickly and easily listen to The Rhodes Center Podcast with Mark Blyth for free!
https://player.captivate.fm/episode/76bb173e-208b-4cbb-9ffa-0f5797412570/
19 days ago
1
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And finally for today a Pod I did with two British friends who used to work police intel and have seen the collapse of state capacity up close and personal:
thecollators.com/s2e1
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The Collators Podcast
https://thecollators.com/s2e1
20 days ago
0
7
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Also, my Berkeley talk on Citizenship and the Politics of Grievance from December is up. Its long. Lots of slides. Trying to think through how to talk about the nation without becoming an ethnic nationalist:
www.youtube.com/watch?v=fLWh...
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Can a Liberal Polity Survive the Politics of Grievance? - Jefferson Memorial Lecture - Mark Blyth
YouTube video by UC Berkeley Events
https://www.youtube.com/watch?v=fLWhiugHkbQ&t=473s
20 days ago
0
10
4
Did the Dip (not the Dig) podcast with Deutsche Welle (in English). If you want to know my thinking about the current moment this is a good place to get it in less than 15 mins:
www.youtube.com/watch?v=bTL1...
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Will Trump's Greenland obsession result in a tariff meltdown? | The Dip Podcast
YouTube video by DW News
https://www.youtube.com/watch?v=bTL1E6TRUA8&list=PLT6yxVwBEbi1gS20VYK8M8BzH5tsiprih&index=1
20 days ago
1
4
2
While Trump thinks that the non-existence of windmills in China shows the obviousness of the big green scam, the UK intel community still thinks climate change is real and a massive security risk:
assets.publishing.service.gov.uk/media/696e0e...
Who would you believe? Really...
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https://assets.publishing.service.gov.uk/media/696e0eae719d837d69afc7de/National_security_assessment_-_global_biodiversity_loss__ecosystem_collapse_and_national_security.pdf
23 days ago
1
13
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Two views of the present. If you can get past the FT paywall, Howard Lutnick on the American present:
www.ft.com/content/a675...
And now Cornel Ban on America's actual present and likely future:
substack.com/inbox/post/1...
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Howard Lutnick: Why the Trump administration is going to Davos
Capitalism has a new sheriff in town
https://www.ft.com/content/a675b8af-46b7-4f93-a616-41f0a002c22e
25 days ago
0
3
1
Something a bit more fun (kinda). What's behind the attack on the Fed, and central banks/technocratic governance, in general? Regime Shift, Power Play, or the Politics of Distraction? Probably all of the above. Me of
@onthemedia.bsky.social
this weekend:
www.wnycstudios.org/podcasts/otm...
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Trump's War on the Fed, Explained. Plus, How One School Teacher Stood Up to Putin. | On the Media | WNYC Studios
The Justice Department has launched a criminal investigation against the Federal Reserve and its chairman. On this week’s On the Media, hear how the Trump administration’s pressure ca...
https://www.wnycstudios.org/podcasts/otm/articles/trumps-war-on-the-fed-explained-plus-how-one-school-teacher-stood-up-to-putin
28 days ago
3
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Mike Green is at it again. His ability to recast what I think I know into something else entirely is incredible. Here he does it again. This time on what full Ai automation (or even partial) would actually mean. It's not what you think:
www.yesigiveafig.com/p/the-thermo...
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The Thermodynamic Margin Call
Why Wall Street is Long the Wrong Singularity
https://www.yesigiveafig.com/p/the-thermodynamic-margin-call?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9eaee2bf-1f27-424a-9bd7-f5c0355a5b99_704x450.png&open=false
28 days ago
0
10
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For your weekend listening pleasure. I did the Top Traders podcast. These folks ask the best questions. Got into loads of interesting stuff. Enjoy:
www.toptradersunplugged.com/podcast/when...
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When Capitalism Reboots and Crashes Again ft. Mark Blyth
Mark Blyth dissects the end of neoliberalism, rising power blocs, deficits, migration, and why the global order is sliding into a harsher phase.
https://www.toptradersunplugged.com/podcast/when-capitalism-reboots-and-crashes-again-ft-mark-blyth/
30 days ago
1
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For your last minute Christmas gift list. A list of damn good books, including one recommended by me:
www.project-syndicate.org/onpoint/ps-c...
See you all in the new year!
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PS Commentators’ Best Reads in 2025
PS editors ask Project Syndicate contributors to select the books that most influenced their thinking over the past year.
https://www.project-syndicate.org/onpoint/ps-commentators-best-reads-2025-by-ps-editors-2025-12?h=0MNyh3ezpz43HAN7cNLTSu%2fHA3KZYup9MS6voQfL2Xg%3d&
about 2 months ago
1
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For your weekend listening pleasure, it's me and
@johncassidysays.bsky.social
talking about his belter of a book Capitalism and its Critics:
player.captivate.fm/episode/b858...
Do it. And then get the book.
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The story of capitalism, as told by its critics
Quickly and easily listen to The Rhodes Center Podcast with Mark Blyth for free!
https://player.captivate.fm/episode/b85805f1-554f-4bd5-9749-dd09e03d9c9b/
about 2 months ago
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Did this great pod with the public policy crowd at the University of Glasgow. I was interviewed by Nicola McEwan, who went to Graeme Street tech in Dundee with me back in the 80s, and then we both went on to Strathclyde for undergrad. Great fun to reconnect:
open.spotify.com/episode/29nh...
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Trump's Second Act: Leadership, Tariffs, and Tensions
https://open.spotify.com/episode/29nhsjEYtuVl0A74IiLcPz?si=NOGpGv9SQjOxo_wU-145mQ
about 2 months ago
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Two substacks that have become indispensable reading for me are @cornelban on Geoeconomics:
substack.com/@GeoEconomic
and @NikKalyanpur on
thepriceofpower.substack.com
Subscribe to both and cut through the BS
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Geoeconomic | Substack
Cornel Ban, associate prof at Copenhagen Business School and fellow at Boston University's China Initiative at the Global Development Program.
https://substack.com/@GeoEconomic
2 months ago
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The best thing about winning this award is that you can only accept it wearing a Kilt. Many thanks to the Scots in New England for this lovely, and very meaningful, award:
scotsnewengland.org/and-the-winn...
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And the Winner of the New England Scot of The Year Awards 2025 is...
On December 4th, we celebrated the incredible contributions of individuals who have made a lasting impact on Scottish communities across New England. The New En
https://scotsnewengland.org/and-the-winner-of-the-new-england-scot-of-the-year-awards-2025-is/
2 months ago
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Interview in a Korean Financial Daily, for those of you who can finally get me an invite to South Korea (never been):
n.news.naver.com/mnews/articl...
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전세계 물가상승, '금리'만으론 못잡아
'인플레이션의 습격' 저자 마크 블라이스 브라운대 교수 경기침체에 통화정책 안먹혀 고령화·기후변화 식량위기에 포퓰리즘 신국가주의 고착화 인플레 영구화할 우려 커져 韓, 수출 막히는 뉴노멀 대비 해외 생산·내수 활성화
https://n.news.naver.com/mnews/article/009/0005598530?sid=102
2 months ago
0
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A very nice and long review of Inflation is up in the Nation:
www.thenation.com/article/cult...
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Making Sense of Inflation
The economic force is often seen as a barometer for a nation's mood and health. But have we misunderstood it all along?
https://www.thenation.com/article/culture/what-is-inflation/
2 months ago
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Had a good chat with the CBC folks about the cost of living and the politics of inflation:
www.cbc.ca/listen/live-...
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https://www.cbc.ca/listen/live-radio/1-379-cost-of-living/clip/16184742-when-comes-inflation-personal
2 months ago
0
10
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And now..in our regular discussion of how climate change is really geopolitics...I give you
@triofrancos.bsky.social
and her fabby new book:
player.captivate.fm/episode/16cc...
In other words - The new Rhodes Center Podcast is up...
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The extraction industry powering the green transition
Quickly and easily listen to The Rhodes Center Podcast with Mark Blyth for free!
https://player.captivate.fm/episode/16ccbbd8-10e0-4ea4-9cb6-1674385e41ef/
3 months ago
1
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Mike Green is writing some amazing stuff at the moment. It's not in the delta, it's in the level and the cost structure. Read this and you will understand Angrynomics on a new level:
www.yesigiveafig.com/p/part-1-my-...
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Part 1: My Life Is a Lie
How a Broken Benchmark Quietly Broke America
https://www.yesigiveafig.com/p/part-1-my-life-is-a-lie?utm_source=post-email-title&publication_id=1272022&post_id=179492574&utm_campaign=email-post-title&isFreemail=false&token=eyJ1c2VyX2lkIjo4NDkxNTk5LCJwb3N0X2lkIjoxNzk0OTI1NzQsImlhdCI6MTc2MzkwOTMzOCwiZXhwIjoxNzY2NTAxMzM4LCJpc3MiOiJwdWItMTI3MjAyMiIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.5edlNjg8nMN2FLxYjjDM_moqZ-M3Mo5hnsYr64Oz-1c&r=5205r&triedRedirect=true&utm_medium=email
3 months ago
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If you want a long form philosophical exploration of the current moment, Sam Moyn provides a good one here, despite my interventions:
www.youtube.com/watch?v=OKHE...
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Political Concepts Debate • Is the Present Historical Moment Unprecedented?
YouTube video by Cogut Institute for the Humanities
https://www.youtube.com/watch?v=OKHEYjC0p_I
3 months ago
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Next Weds evening (11/26) Nic and I are doing a talk on Inflation at Kings in London. Details are here. Hope to see some of you there:
www.eventbrite.co.uk/e/inflation-...
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Inflation: A Guide for Users and Losers
Inflation came and went, and yet prices are higher than ever and everyone expect the very top are feeling the pinch.
https://www.eventbrite.co.uk/e/inflation-a-guide-for-users-and-losers-tickets-1851130855219?aff=oddtdtcreator&_gl=1%252Amo3i5m%252A_up%252AMQ..%252A_ga%252AMTAxNTUxNzkzOS4xNzYxMDQxNzU1%252A_ga_TQVES5V6SH%252AczE3NjEwNDE3NTUkbzEkZzAkdDE3NjEwNDE3NTUkajYwJGwwJGgw
3 months ago
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Tremendous piece by Mike Green that manages to combine the cost of living crisis, why the Dems donor class are awful, technofeudalism, and Orwell all in one piece. Quite Brilliant:
www.yesigiveafig.com/p/are-you-an...
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Are You An American?
"They" Are Preparing You for "Hard Times"
https://www.yesigiveafig.com/p/are-you-an-american?utm_source=post-email-title&publication_id=1272022&post_id=178921397&utm_campaign=email-post-title&isFreemail=false&r=5205r&triedRedirect=true&utm_medium=email
3 months ago
1
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A reminder that this is up today. If you are around providence swing by. M
add a skeleton here at some point
3 months ago
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If you are around Providence on Friday come listen to
@johncassidysays.bsky.social
talk his wonderful book Capitalism and Its Critics. Its the one stop shop for anything worth saying about capitalism that anyone useful ever said...well worth the read
3 months ago
1
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Dan Driscoll and I had some thoughts:
www.project-syndicate.org/commentary/g...
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The Three Technologies Disrupting the Global Order
Mark Blyth & Daniel Driscoll examine the geopolitical implications of inexpensive drones, phones, and solar panels.
https://www.project-syndicate.org/commentary/global-economic-transition-drones-phones-solar-by-mark-blyth-and-daniel-driscoll-2025-11
3 months ago
1
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If you care about geopolitics, decarbonization, and why Europe seems lost, you can do a lot worse than subscribing to this blog. It's brilliant:
substack.com/inbox/post/1...
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The Smelter and the Sovereign
The critical minerals story is another way in which Europe’s green transition is a loser in the geoeconomic turn
https://substack.com/inbox/post/177572211?utm_source=post-email-title&publication_id=6302426&post_id=177572211&utm_campaign=email-post-title&isFreemail=false&r=5205r&triedRedirect=true&utm_medium=email
4 months ago
1
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A reminder this is on tomorrow at Brown. Come along if you can.
add a skeleton here at some point
4 months ago
0
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And if you are around Providence this Friday, come hear the wonderful
@triofrancos.bsky.social
talk her new book at Watson:
4 months ago
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Typically brilliant essay by
@fotoole.bsky.social
on the Democrats and their inability to move past internal recrimination:
www.nybooks.com/articles/202...
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The Lingering Delusion | Fintan O’Toole
Kamala Harris’s memoir 107 Days succeeds at least in distilling the evasions and weaknesses of the modern Democratic Party.
https://www.nybooks.com/articles/2025/11/20/the-lingering-delusion-107-days-kamala-harris/?utm_medium=email&utm_campaign=NYR-102825-OToole&utm_content=NYR-102825-OToole+CID_8af90e7a34bff4875b18d3b9dc60f0a2&utm_source=Newsletter&utm_term=The%20Lingering%20Delusion
4 months ago
3
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And if you happen to be in London end of November, you can see Nic and I live at Kings, Weds 26th at 5pm. Tickets are here:
www.eventbrite.co.uk/e/inflation-...
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Inflation: A Guide for Users and Losers
Inflation came and went, and yet prices are higher than ever and everyone expect the very top are feeling the pinch.
https://www.eventbrite.co.uk/e/inflation-a-guide-for-users-and-losers-tickets-1851130855219?aff=oddtdtcreator
4 months ago
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Just a reminder that I'm doing this tomorrow if you want to join in.
add a skeleton here at some point
4 months ago
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Did a longer pod with the folks at Smead Capital in their series a Book with Legs. Here's it on Apple Pods:
podcasts.apple.com/us/podcast/m...
And here's the YouTube:
youtu.be/RZHHfXRX2js
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Mark Blyth and Nicolò Fraccaroli - Inflation
Podcast Episode · A Book with Legs · 10/20/2025 · 1h 23m
https://podcasts.apple.com/us/podcast/mark-blyth-and-nicolò-fraccaroli-inflation/id1608960458?i=1000732611746
4 months ago
0
9
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Been Away. Busy time of year. Am doing this next week. Jump on line if interested:
bettermarkets.org/newsroom/bet...
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Webinar: Affordability & Inflation: What if we’re thinking about this all wrong? | Better Markets
Everything costs more, and prices keep rising – what’s the Federal Reserve going to do about inflation? Well, sure, but maybe there’s more to it, as political economist Brown University Professor Mark...
https://bettermarkets.org/newsroom/better-markets-webinar-affordability-and-inflation/
4 months ago
0
4
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Start the week with Part Two of of my chat with Leah Downey on her book, Our Money: Monetary Policy As If Democracy Matters, and all the stuff that has gone on since the summer...
player.captivate.fm/episode/7654...
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Independent from who exactly? Central banks and democracy (part two)
Quickly and easily listen to The Rhodes Center Podcast with Mark Blyth for free!
https://player.captivate.fm/episode/76546282-67e9-429a-9d19-7ba082cbe897/
5 months ago
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The Rhodes Center Podcast is back. Me and Leah Downey on her wonderful book Our Money: Monetary Policy as if Democracy Matters. This is part one of two. In part two we discuss what happens when democracy starts to get the upper hand. Coming soon:
player.captivate.fm/episode/eb5e...
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Independent from who exactly? Central banks and democracy (part 1)
Quickly and easily listen to The Rhodes Center Podcast with Mark Blyth for free!
https://player.captivate.fm/episode/eb5e1f4f-258f-4c97-bda6-ab7a0a0ac376/
5 months ago
0
22
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Talking with an old friend 'the dissenter':
bit.ly/46DjVxg
and
youtu.be/Y7Wmtny_59U
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Spotify – Web Player
https://bit.ly/46DjVxg
5 months ago
0
2
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New up on Project Syndicate with @NicFraccaroli (this one is mainly Nic - credit where its due) on there is a case for lower rates, but its not the one that's doing the rounds:
www.project-syndicate.org/commentary/r...
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Lower Interest Rates Are the Right Policy for the Wrong Reasons
Mark Blyth & Nicolò Fraccaroli worry that monetary policy loosening is warranted but also politically treacherous.
https://www.project-syndicate.org/commentary/rate-cuts-right-policy-but-could-signal-loss-of-fed-independence-by-mark-blyth-and-nicolo-fraccaroli-2025-09
5 months ago
1
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After getting an absolute monetarist pounding in the WSJ, its nice to see a more balanced review of our Inflation book in Project Syndicate:
www.project-syndicate.org/onpoint/why-...
A long read, and a good one.
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Inflationary Tales
Jonathan Levy explains how economic shocks exposed flaws in monetarist orthodoxy and created room for intellectual innovation.
https://www.project-syndicate.org/onpoint/why-we-need-a-new-inflation-playbook-by-jonathan-levy-2025-09
5 months ago
0
25
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The wonderful Catherine DeVries has a substack about writing and how all sorts of things are at work to destroy it. She interviews writers about what and how they write. I'm up this week:
catherineeunicedevries.substack.com/p/etched-in-...
add a skeleton here at some point
5 months ago
1
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Me and the @PitchforkEcon folks talk inflation. As usual, it went interesting places:
pitchforkeconomics.com/episode/infl...
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Inflation: A Guide for Users and Losers (with Mark Blyth) - Pitchfork Economics
Political economist Mark Blyth joins Nick and Goldy to unpack the myths and realities of rising prices, from pandemic supply shocks and corporate profiteering to central-bank missteps and decades of b...
https://pitchforkeconomics.com/episode/inflation-a-guide-for-users-and-losers-with-mark-blyth
5 months ago
0
10
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Did a pod with the Drilled folks on carbon dominance as what unites US domestic and foreign policy:
drilled.media/news/anti-re...
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Trump Is Trying to Kill Renewables Everywhere
The US government is trying to strangle renewables to save fossil fuels. Trump wants other countries to do the same.
https://drilled.media/news/anti-renewables
5 months ago
1
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I'm in Germany this week so it's appropriate that I'm doing a talk on inflation there. You can join at this link. Weds 27th at 4pm CET, 10am EST:
e99b4d625f8a4761b92cdf7076e77595.svc.dynamics.com/t/t/nq9BxaK1...
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Welcome! You are invited to join a webinar: New Economy Short Cut | Inflation: Lessons from the Great Shock – with Mark Blyth. After registering, you will receive a confirmation email about joining th...
When inflation reached new highs in 2022, sceptics predicted that inflation was here to stay. In the meantime, rates have fallen sharply again, albeit at a higher price level. So, were those who class...
https://e99b4d625f8a4761b92cdf7076e77595.svc.dynamics.com/t/t/nq9BxaK1o3I55lCcGxHnLn3Q4cdQ612Qg4jFUcxgrxEx/IqGXuu0UIRjDN8u056eCFB6ox0XSW1zm4pT1Ok4D8A8x
6 months ago
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And in today's episode of Carbon Dominance I bring you this:
www.regulations.gov/docket/EPA-H...
And this:
www.usda.gov/about-usda/n...
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https://www.usda.gov/about-usda/news/press-releases/2025/08/19/secretary-rollins-blocks-taxpayer-dollars-solar-panels-prime-farmland
6 months ago
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As Dan said, come see Carbon Dominance in action...
add a skeleton here at some point
6 months ago
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Brett is back in action. Check it out.
add a skeleton here at some point
6 months ago
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My mate Mark, who is helping me get Mark and Carrie back on line after a break, (yes, coming this Fall) has his own pod. It's about information and how to think about it. Check it out:
thecollators.com
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The Collators Podcast
The collators explore how we make sense of the information around us.
https://thecollators.com
6 months ago
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7
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Had fun with this podcast - Biz focused - different sort of questions. Check it out:
www.youtube.com/watch?v=eR8x...
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Political economist Mark Blyth: The old economic order is dead | Rapid Response
YouTube video by Rapid Response
https://www.youtube.com/watch?v=eR8xTmvh_Z0
6 months ago
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4
If there was ever a headline that described how the West came apart it's probably this one:
nytimes.com/2025/08/07/w...
I love the understatement of 'Alarmed.' "Asking WTUF?" might be more accurate.
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As Trump Administration Plans to Burn Contraceptives, Europeans Are Alarmed
https://nytimes.com/2025/08/07/world/europe/usaid-contraceptives-trump.html?campaign_id=190&emc=edit_ufn_20250812&instance_id=160403&nl=from-the-times®i_id=93613012&segment_id=203768&user_id=5319803bd75007ff3a7187d4079c47c9
6 months ago
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Did a Canadian business oriented pod last week. Got into some interesting stuff. Worth a listen:
wealthsimple-tldr-podcast.simplecast.com/episodes/how...
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How the U.S. Is Threatening Canada's Future | TLDR
Tariffs are only the tip of the iceberg, says political economist Mark Blyth.
https://wealthsimple-tldr-podcast.simplecast.com/episodes/how-the-us-is-threatening-canadas-future
6 months ago
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