This is what deindustrialization in a carbon shock therapy setting looks like. If the state doesn’t do the planning and redistribute any remaining surpluses downward, private equity will do the planning and redistribute any remaining surpluses upward (and out of country). on.ft.com/3WNWnA9

Listening now. Hoping to learn more about how the United States’ new growth model is going to work.

Amazing sequence of paragraphs in a piece on how dollar volatility has fallen to pre-election levels. on.ft.com/3JAflat

Thank you, @institutomeridiano.org, for having us. Great to see so many people spend their weekend attending a climate political economy conference.

This is what deindustrialization in a carbon shock therapy setting looks like. If the state doesn’t do the planning and redistribute any remaining surpluses downward, private equity will do the planning and redistribute any remaining surpluses upward (and out of country). on.ft.com/3WNWnA9

We can’t afford to do what every other country did years ago for our railways, but people need to drive their kids to school in a tank

on.ft.com/49dRS9z Non-bank lenders may be fair-weather friends Check out this piece @financialtimes.com where we discuss our recent research on nonbank lending during crises

Did you know gov shutdowns aren’t in the Constitution, any law, or Court ruling? They exist because of a 1980 OLC memo—a lawyer’s opinion that everyone just went along with. Before 1980, funding gaps didn’t cause shutdowns. What one memo created, another can undo. How the next D admin can undo it:

China winning the new Cold War on account of its leadership not having developed internet addictions

Here's a staffer from a UK pension fund suggesting that the PE push into retail/defined contribution plans is already allowing them to offload funds easier... (1/3) "The U.S. interest has given Railpen, which manages about £34 billion of assets for the Railways Pension Scheme, London...

Excited to share that together with @malojan.bsky.social we’ve published a research note in #partypolitics introducing PartySOME, a comprehensive dataset on political parties’ social media activity. A thread 🧵 journals.sagepub.com/doi/10.1177/...

“My friends, the world is changing. It's not a question of whether that change will come. It's a question of who will change it.” @zohrankmamdani.bsky.social People are choosing real alternatives instead of continuity. Mamdani stands for an antifascist economics in the name of the many. 🧵

If guaranteeing essentials sounds radical in 2025, it speaks to how far we’ve drifted from democracy’s core promise. Markets will not save democracy. My new piece for @theguardian.com: www.theguardian.com/commentisfre...

We have just published the call for the Nuffield Postdoctoral Prize Research Fellowships in Politics. These are 3-year fully-funded postdocs that will allow you to focus on your research in a great academic environment. (And with excellent food) www.nuffield.ox.ac.uk/the-college/...

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

That plot on real exports is brutal. Like a live view of the ECB going through the five stages of grief over the death of export-led growth. Seems we're one projection away from acceptance.

At my new working group on International Relations and Political Economy @Universität Bielefeld, I have a full postdoc position for 3 years (plus x) to offer. Do apply and ask if you have any questions: uni-bielefeld.hr4you.org/job/view/459... in German here: uni-bielefeld.hr4you.org/job/view/459...

That plot on real exports is brutal. Like a live view of the ECB going through the five stages of grief over the death of export-led growth. Seems we're one projection away from acceptance.

„Meine Freunde, die Welt verändert sich“, sagte Zohran Mamdani zu seinen Unterstützern vor der Bürgermeisterwahl in New York. Er trifft den Nerv: Die Menschen wählen echte Alternativen statt bloßer Kontinuität. Mamdani steht für Hoffnung – Hoffnung darauf, das Leben wieder bezahlbar zu machen.

Bei @surplusmagazin.bsky.social habe ich diese Gedanken noch weiter ausgeführt 👇

"Every week that passes costs the economy anywhere from $10 billion to $30 billion, based on analysts’ estimates, with several landing in the $15 billion range." Unfathomable. www.bloomberg.com/news/feature...

Looking forward to this (our talk in English plus a two-day listening comprehension stress test).

That's also what they indicated in their IPO S1 form back in 2020: "We are working towards becoming the default operating system across the U.S. government. Our victory in federal court now makes that possible." This has been the growth strategy (p.7). www.sec.gov/Archives/edg...

Do not, under any circumstances, go short ontology.

Enjoying the irony of Norway's oil investment fund having "ethics rules". An oil fund! It's like a serial killer having ethics rules about where he can and can't bury the bodies.

"China has offset the decline from America with breathtaking speed. Shipments to other parts of the world have surged this year, demonstrating that China’s manufacturing dominance will not be easily slowed." Can a dataviz make you laugh? www.nytimes.com/interactive/...

🚨More scholarship! In 'Noisy Politics, Quiet Technocrats' @benbraun.bsky.social & Maximilian Düsterhöft comb more than 11,000 speeches by 18 central banks to explore whether CBs discuss politically controversial topics, shedding light on how CBs strategically interact within their social context.🏦🌐

Do not, under any circumstances, go short ontology.

Did not expect this: This December 1945 symposium seems to be the last time the term "full employment" appeared in a research article title in the APSR. Same for AJPS.

This is quite a story: the US employed every strongarm tactic available, including personal threats against delegates and their families, to derail an agreement on reducing shipping emissions that was almost finalized. on.ft.com/47lq3dZ

This paper shows: the 2022 energy crisis led to record global profits for fossil fuel companies. The US gained the most, with claims on US$301 billion, exceeding its US$267 billion investment in low-carbon energy. Half of profits went to the top1%, mainly through stock ownership

The WSJ piece notably omits that Palantir CEO Karp holds a PhD in philosophy/social theory from Goethe University—home of the Frankfurt School—mentioning only his Haverford BA and Stanford JD.

what happens after military aggression by a petrostate? Fossil fuel prices shoot up. Who wins? Who loses? Read: “We show the US reaped the largest profits ($377bn) of any country. 50% went to the richest 1%, only 1% to the bottom 50%.” www.sciencedirect.com/science/arti... bsky.app/profile/just...

Some say the solution to the UK’s productivity slump is to expand the sectors that pay the highest salaries. Next time you hear that ask the person how many quant hedge fund computer scientists earning £250k-£800k they think the economy needs to become more productive.

Some say the solution to the UK’s productivity slump is to expand the sectors that pay the highest salaries. Next time you hear that ask the person how many quant hedge fund computer scientists earning £250k-£800k they think the economy needs to become more productive.

Today is the official UK publication day for Silicon Empires! I'm excited to have it out and hear what people think. There's an enormous amount happening every day in AI, and it's difficult to gain a stable perspective. I wrote the book to try and get some secure hold on that constant flux. 🧵

🚨We’re hiring! The Max Weber Institute in beautiful Heidelberg seeks a W3 Professor of Sociology (focus: sociological theory) who connects well with the department’s focus on comparative sociology adb.zuv.uni-heidelberg.de/info/INFO_FD... Happy to answer any questions! #Sociology #socsky

Es ist kein Wunder, dass offenbar vor allem FDP-Abgeordnete das Projekt vorantrieben, dass von Wissenschaftler*innen als "nicht förderungswürdig" bewertet wurde: Mansour half der FDP u.a. 2023 im Wahlkampf und trat in mehreren FDP-Werbeformaten auf.

Professor Simon Glendinning @simonglend.bsky.social has published a new article which addresses the fact that the mainstream formation of academic studies of Europe today is dominated by the methods of the social sciences, rather than the humanities. Discover it below👇 www.lse.ac.uk/european-ins...

Happy to share that our paper on the ideological biases of international organizations is now out in the current issue of the AJPS (@ajpseditor.bsky.social): dx.doi.org/10.1111/ajps... @the-peio.bsky.social @mzesunimannheim.bsky.social @akentikelenis.bsky.social

On the one hand: Interesting just how long post-imperial Britain could cling on to its relative economic position. On the other hand: Yikes. www.ft.com/content/d70c...

Mag 7 approaching 100% of the entire stock market

Excellent, excellent, excellent from @danielagabor.bsky.social on a podcast with Andy Haldane, ex-BoE. She doesn’t let him get away w/ saying stuff he knows not to be true, eg claiming the BoE could ‘go bust’. It’s mainstream central bank speak that’s bankrupt! podcasts.apple.com/gb/podcast/t...

🚨New publication with Kristijan Kotarski: Enduring Structural Power? Assessing the Dominance of the Anglosphere in Global Finance Before the Trump Turn Includes novel visualizations of global finance (banking, portfolio inv & FDI) showing persistent US centrality hrcak.srce.hr/clanak/487488

And if you are around Providence this Friday, come hear the wonderful @triofrancos.bsky.social talk her new book at Watson:

Join us TODAY to launch the Green Planning Commission, rethinking planning to recover a democratic & decarbonised future from the crises of our age. 🎙️ @cacrisalves.bsky.social @brusselermel.bsky.social Richard Kozul-Wright & @mathewlawrence.bsky.social 🔗 www.eventbrite.com/e/launch-the...

From the late 19th century to 1920s, American corporations invented "americanness" and forced it on immigrants, in part to reduce labour mobilisation and unrest. Ford famously paid bonuses if immigrants could prove they had become American. Assimilation was a tool of union busting.

Must read from @schooldaves.bsky.social on how municipal socialism must contend with the bond market.

Me putting on my Arrighi hat (yes that’s an Arrighi hat) to defend my US economy doomerism against yesterday’s @edwardluce.bsky.social column.