Amazing punchline, in an outpour of Trump monetary theory: inflation caused by stupid eggheads destroying the upward slope.

Germany pushing on with the #WallStreetConsensus, as if the past three years of derisking failures havent taught them anything about competing in a world of transforrmative state projects www.ft.com/content/52c7...

Great quotes - yes, liberal democracy limits state power over individual rights/capital, and, he should have added, greatly increases capital power over the state

under Trump, the Department of Labour is now the Department of Capital

hey @katie0martin.ft.com @robinwigglesworth.ft.com @tobyn.bsky.social I'm trying to find the ONS/DMO recent data for sectoral gilt holdings but not much luck so far, have you written anything about it recently?

Hi #Econsky! I’ve got a new working paper on central bank lending facilities in crises and their transmission to broader credit supply. 🚨A summary thread🚨

Very important to completely annihilate the climate along with energy affordability so we can power the Mistake Generator that will fire everyone.

Ahem all those 'Starmer is really bad at selling his actual lefty policies' delusions

I often wonder if Janan Ganesh is a real person or it's just the FT cosplaying the Onion to troll us with the most caricature liberalism possible

Thats it, @benbraun.bsky.social Barbarians inside German football :)

Well well, Larry Summers is finally getting a well deserved, long overdue public humiliation for his friendship with Epstein the rapist power broker of American empire

THE ASSET CLASS, my first book, will be published by @wnbooks.bsky.social on 9 April 2026. It’s a narrative investigation of private equity, a secretive and relentlessly destructive wing of finance that penetrates almost every aspect of our lives - and it’s available to pre-order now!

the FT trying to be a broad church, with quaint neoliberal takes in god's year 2025 www.ft.com/content/b0ed...

Solidarity to the colleagues in US academia and one piece of advice - get out while you can, this essay is poor scholarship and you won't be able to say so

the OBR - the incompetent overloards of a destabilising fiscal rule regime

new 'Transatlantic Faultlines' report for @europarl.europa.eu - on why we should worry less about tariffs, and more about AI Minsky moment, Eurodollar stablecoins/digital Euro and state capacity to compete in a world of transformative state projects www.europarl.europa.eu/RegData/etud...

Textbook example of how not to do this. Straight from the Laura Kuenssberg/Nick Robinson school of silly analogies.

The German mind-bending logic strikes again. In German lalaland, we can get emissions free fossil fuels. search.app/arVa9

the greatest bitcoin snark of all times from @katie0martin.ft.com

Same in the UK

If an attractive young woman a third my age didn't want to date me, then why did she ask me for feedback on an economics paper? by Larry Summers

Waiting for distinguished economists to notice Larry Summers is a sex pest of the teenage boy variety, but with the power to harass his own students

Very senior economist speaks out against Summers and against the discipline continuing to bestow privileges and honors on him; calls out sexism in economics. You'd think this site should be flooded with similar threads...

T-acounts, they make things look so orderly. Very helpful AI bubble mapping here by @advaitarun.bsky.social.

unconvincing defence from Bailey - the real question is why is the Bank of England increasing the costs for government by actively selling gilts when NO other large central bank does it. www.ft.com/content/620c...

Bond markets don't rule Britain, but it seems Keir Starmer would like them to, take that weight of his shoulders.

"The United Kingdom is no longer sharing intelligence with the US about suspected drug trafficking vessels in the Caribbean because it does not want to be complicit in US military strikes and believes the attacks are illegal, sources familiar with the matter told CNN." www.cnn.com/2025/11/11/p...

look @benbraun.bsky.social - Germany's chief carbon shock therapist is top contender for ECB head

Stephen Miran, the Trump appointed Fed Governor may be good at many things, but he's not that good on money/central banking. his latest speech on stablecoins is riddled with bad theory (loanable funds) and misunderstandings (stablecoins are not a savings instrument)

the Greens surge on an affordability crisis platform, Labour government bleeding support for embracing New Labour, and Martin Wolf's advice: stay New Labour www.ft.com/content/b88e...

Muchas gracias a @xanlopez.xyz por la invitación

In climate politics :)

The US is the world's largest oil and gas producer. Yet, "China is now making more money from exporting green technology than America makes from exporting fossil fuels."

Fondly recalling the debates around IRA derisking with Biden bros who saw green in giant EV trucks

Fascinating. The bluffers guide to the railway bubble vs the actual historians. And why Britain has such a lousy railway system.

ICYMI, good stuff from the folks at @cmmonwealth.bsky.social.

Friar is right, she was calling for derisking state not for backstops - an important nuance that should be considered together with Jensen Huang claiming China ‘will win’ AI race with US at the same time. Capital wants Trump to activate subsidies, invoking China card that worked so well w Biden.

Class politics is soooo back

You don’t raze entire towns and cities street by street with controlled demolitions and bulldozers for any military objective. You do it because the aim is to wipe those places out of existence forever, and it’s not like they’ve been hiding this.

The de-risking state lives! Canada's new budget includes $2 billion for "equity investments, loan guarantees, and offtake agreements [for] critical minerals." Will be interesting the mix of uses and what equity investments entail. @danielagabor.bsky.social www.miningweekly.com/article/cana...

A five women team! If Mamdani governs like he's transitioning, we're in for a joyride

Everything everywhere all Democrat at once!

Reeves this morning on 'circumstances facing budget': 1. 'Black hole' (dear god) 2. Global conditions, supply-led inflation 3. Cost of government borrowing up everywhere 4. Pressure to increase defence spending

exciting day for social democracy in the US today...

Join us at UWE Bristol! We are advertising a fully-funded PhD position on Political Connectedness and Access to Resources in Central Asia. Deadline: 31/01/2026. More details here: ce0164li.webitrent.com/ce0164li_web...

yesterday at the cinema, the adds included one from the Gates Foundation, and left me very puzzled - why would the Gates Foundation pay good money to market itself to British cinema goers? what am I missing?

for research project w @cnewf.bsky.social been reading old World Bank: 'By controlling finance, the Korean government became an effective risk-sharing partner with the industrialists. It could thus encourage their venturesomeness and induce them to have long-term horizons for their companies'

as I finish draft report for European Parliament on a looming AI Minsky moment, the US Federal Reserve is pumping > USD 30 billions via repo operations, while others park billions into its reverse repo facility: funding pressures for cash-poor institutions + uncertainty for cash-rich institutions

Remarkable that Powell said AI boom is not a bubble because productivity gains ... Maybe Trump finally got to him.

The real enemy for the Labour government is...Labour, not a decade/half of Tory austerity.