What stage of the Ponzi scheme is it when Robinhood wants to allow "amateur traders" to invest in AI startups? www.ft.com/content/7278...

Relying on LLMs to get your diploma and is similar to forging PhD research for boosting your political career in Germany You think it creates shortcuts and notability for getting the top job. But as you are only interested in the CV line, you don't learn anything. And one day, you are exposed.

Au fait, pour visibiliser davantage l'inculpation de Didier Reynders, ancien ministre MR des finances belges pris en plein délit de blanchiment d'argent au café tabac du coin alors qu'il était occupé au bailout des banques, on pourrait savoir s'il arrive à se cuisiner lui même des oeufs en prison?

If Deutsche Bank acts like during the 2007 Global financial crisis, they will sell AI related financial products to their clients while shorting AI with proprietary trading www.ft.com/content/c042...

Its a paradox if there was a bit of strategic vision. It ceases to be one if we consider that the current anti ecological backlash is driven by revenge, some kind of priviledged conservative nihilism,an inability to see beyond a 2y horizon when it comes to profitability margin.

My more elaborate take on why the Dutch election outcome does not represent a defeat of the far right

Could you describe how markets move from euphoria to panic when a bubble bursts? Yes, of course. The shift occurs when more market participants starts to bet that the golden bullshit will be perceived more as bullshit than gold by other market particpants. Do we have indicators? Some.

Why do rustbelts vote radical right? Studying the German Ruhr area, @nilsblossey.bsky.social, @lstoetze.bsky.social and I show: it’s not just about deindustrialization, but also about the original industrialization. Where coal is buried deeper and mining started later, the AfD is stronger today 1/12

🚨 I am delighted to announce that Tom Turnbull’s and my volume with @stanfordpress.bsky.social is out today, featuring Jennifer Eaglin, Victor Seow, Shellen Wu, Antoine Missemer, Giuliano Garavini, Michael Dobson, Laura A. Twagira, Damilola Adebayo, Troy Vettese, Liz Chatterjee, and Rebecca Wright

Google, the world’s largest search engine operating three in four smartphones, has played Brussels like a fiddle – shaping laws, silencing rivals, and calling it "innovation". The chart shows how Big Tech bankrolls Brussels’ top think tanks. Read our latest story here: www.ftm.eu/articles/goo...

Fossil fuel compagnies will keep on exploiting global labor, burning the planet and dismantling sustainablity regulation until the morale improve. Also, I hope that the main cause for our inability to reverse our collective trajectory to ecological disaster is clear for everyone by now.

I enjoyed doing this. www.ft.com/content/b003...

fixed that for you

Rate hikes did nothing to stem the 2022 inflation the IMF finds. But they did wreck green transition momentum, and fed back into the pre-pandemic status quo of deregulation, debt-obsession, social cuts and corporate largesse I caught flak for using the word ‘sabotage’ at the time, but I stand by it

"Mort, you talk about Victor Wembanyama too much!" Oh, do I have bad news for you, friend. My latest on the league's maybe, potentially MVP. sports.yahoo.com/nba/article/...

Ensuite, ca fait quelques temps que Lordon diffuse des carabistouilles à base de Spinosa, désirs et capitalisme

But according to the EU Taxonomy, burning Finnish trees is quasi almost always sustainable (like gas, flying planes and sailing cargos with minimal % of biofuels,...)

Carbon capture for power stations specifically is just as subject to the overall dynamics of CCS: it never materialises like it's expected to. Here's a new chart for ya: each blue line is what *should* have happened based on each report's planned state dates. Black line: what happened

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...

"To help unlock the investments needed to achieve energy sovereignty, and ensure we stop handing over billions of dollars a year to the Kremlin, we urge you to push for spending on renewable and low-carbon energy to be counted as part of the Nato 1.5% target." 👏 www.theguardian.com/environment/...

“Quand les mots changent, la politique change : comment le centre fait le jeu de l’extrême droite”

Je vous aide l'AFP "afin de continuer l'autosabordage réglementaire européen face aux pressions de l'extrême droite, des gouvernements étrangers autoritaires ou proto fascistes et du lobby des business à l'empreinte ecologique carsatrophique". Merci, de rien.

Wow, même le Financial Times se prononce pour taxer les super riches en France. Et pointe aussi l’enjeu de leur pouvoir (oligarchie), au delà de leur fortune. Il y a des choses qui commencent à basculer.

As it happens, this is almost exactly the same as Nintendo’s annual revenue. Which seems like the right comparison- a successful producer of electronic toys. on.ft.com/4nMkP0B

D'Angelo has died after a battle with pancreatic cancer, his former manager says. He was 51

Also, disgusting billionairs sailing their private yachts easily camouflage under maritime shipping statute to escape any fuel tax (they just need to buy a candy bar at the marina shop of any other country they departed from during their trip)

Hostility towards #academia and #immigrants is widespread. #Denmark is no exception. Under political and media pressure, earlier this week @roskildeuni.bsky.social decided overnight to close its Master's degree in Business Administration and Leadership (BAL) from 2026. 🧶 1/20

🌿 Investing in the environment: European banks and environmental protection This paper by our researchers Jacopo Cellini and Thomas Soden explores the role of economic and financial actors in the international environmental governance. Read the full article 👉 hdl.handle.net/1814/76886

L’approche néo-schumpeterienne de Philippe Aghion a largement inspiré les politiques économiques en Europe depuis le tournant des années 2000. Et singulièrement celle d’Emmanuel Macron 1/

Dans l'Entendez-vous l'éco du jour, on discute avec @alietteh.bsky.social, Sylvie Rivot, Céline Antonin et Guillaume Vallet du prix Nobel qui vient d'être décerné à Joel Mokyr, Philippe Aghion et Peter Howitt sur la compréhension de la croissance et l'innovation www.radiofrance.fr/francecultur...

an alien species looking back to our end of times, and notice that in the year of the most gigantic (AI) bubble to ever inflate, the powers that be gave the Nobel to the most insipid theory of technological change and growth in economics

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.

OpenAI following in the venerable tradition of aspiring monopolists complaining about today's monopolies to regulators – just as Google supported antitrust action against Microsoft in the early 2000s. They aren't wrong though – competition enforcers are asleep at the wheel when it comes to AI.

No need to bow to Trump when you already bow to Airbus and Total

Time for the usual reminder that "meat" originally meant 'food"/"life substance" and that 'green meat' (aka vegetable's loaf) was used as much as 'flesh meat'

Rare sighting of one of the first US antifas circa 1943. The duck is armed and dangerous. Shoot on sight, dead or alive. Reward in official Trump crypto

Now that the Deloitte report, about the government's unlawful administration of mutual obligations, is making international headlines, it's worth looking at what's actually in it (apart from AI slop) and WHY it was actually commissioned A thread👇

"In Gaza, destruction is rewarded with contracts and the “peace plan” is property development. Historian @adam_tooze & economist @ClaraEMattei trace how capitalism profits through ruin: war, austerity, and reconstruction form one system of control. " youtu.be/0iIEgp1LPpA

Hi bsky people - if you care about how the EU seeks to fund all things "social-ecological transformation", which institutional architecture has emerged out of it, and why it is both contested and an unrealized promise: please have a look at our special issue on the politics of sustainable finance 👇

Insurers, these woke green ayatola climate change fanatics who want to destroy our way of life and the competiveness of our firms.

Yea, about AI and productivity... "But when the METR team looked at the employees’ actual work output, they found that the developers had completed tasks 20 percent slower when using AI than when working without it." www.theatlantic.com/economy/arch...

When your boss has actually been behaving like Palpatine (consolidating the far right to subsume politics as a binary choice: me or the end of the democracy) and you are part of a governement without any electoral majority for more than a year, maybe, you should look at yourself in the mirror?

Ou alors, l'argument de l'apaisement de Trump est une bonne fenêtre d'opportunité pour continuer le démantèlement, débuté en mi 2021, des normes environnementales à peine nées.

“The National Coordinator for Counterterrorism advised the outgoing Minister of Justice to label the riots in The Hague as "right-wing extremist." The Minister ignored this advice. By remaining vague, the counterterrorism official argued, he would encourage the "normalization" of the ideology.”

Incredible stuff

One of the founders of the history of capitalism, seems to be foundational www.penguin.co.uk/books/295668...

Très bonne émission d'Endendez-vous l'Eco et @alietteh.bsky.social aujourd'hui. @adecabanes.bsky.social revient sur la décision récente de J. Powell de ⬇️ les taux après des mois de pression de Trump et sur le débat persistant autour de l’indépendance de la Fed www.radiofrance.fr/francecultur...

This is not just maths. It's a design choice, supported by benchmarks that reward false certainty. Good to see OpenAI do some of the research, but it's also a reminder that OpenAI shouldn't be relied upon to do all the research.

The special section on Central Bank Scientization in @finandsoc.bsky.social is now official out in Volume 11, Issue 2. Read all the papers here ➡️ www.cambridge.org/core/journal... Many thanks to @aminsamman.bsky.social and Nathan Coombs for their support in the editorial process.