He also said: "You cannot live within the lie of mutual benefit through integration when integration becomes the source of your subordination." This is really quite powerful. The Global South already knows this, time for Europeans (and Brits especially) to realise it.

Thrilled to announce Daniela Gabor's keynote 'The Seville Process: Developmentalism after American Hegemony' @danielagabor.bsky.social @adamtooze.bsky.social @iliasalami.bsky.social @ingridhk.bsky.social @cacrisalves.bsky.social @anninak.bsky.social @kaikodden.bsky.social @kaikodden.bsky.social

Looking forward to this!! We'll be in the Haague as part of our forthcoming Forum issue on financial hierarchies @iliasalami.bsky.social @cacrisalves.bsky.social @bbonizzi.bsky.social @anninak.bsky.social @kaikodden.bsky.social @powelljr.bsky.social

www.imf.org/-/media/file... The IMF's research department claiming economic orthodoxy is alive and well. Commit to strict inflation targeting and you will get higher growth and resilience against crises.

Reminder that the deadline for the next SASE conference is on the 16th of December: Submit your International Financial Subordination papers! More info👇

British people are now emigrating in the 100 of thousands. But migration policy is all about stopping the boats. Same madness in Italy btw where emigration has become an enormous problem (about 1.5m left since 2000), but somehow the priority is to be nasty to people on dinghies.

Join Us at SASE 2026 in Bordeaux! The upcoming SASE conference will feature a mini-conference on International Financial Subordination (IFS). How does IFS evolve in the current context of climate crisis and geopolitical tensions? More info here 👉 sase.org/events/2026-...

Another clear chart reminding us that "billions" (of public funds) to "trillions" (of private funds) is very far from reality. At best is billions to 1/5 billions.

Our article with @hulya-dagdeviren.bsky.social and Ben Tippet is out in Socio-Economic Review! We examine pension financialisation and pension wealth inequality in the UK — focusing on how the rise of Defined Contribution (DC). academic.oup.com/ser/advance-...

New in Finance & Space! 📢 Why does financialisation happen — and who benefits? Hannah Hasenberger digs into the politics behind state financialisation www.tandfonline.com/doi/full/10....

Our article with @hulya-dagdeviren.bsky.social and Ben Tippet is out in Socio-Economic Review! We examine pension financialisation and pension wealth inequality in the UK — focusing on how the rise of Defined Contribution (DC). academic.oup.com/ser/advance-...

Macquarie buying London City airport. Let's check on their recent performance in buying London infrastruct.. oh no!

Very interesting article. Really shows that any talk of pension funds funding a just transition (and other nice things) means by-passing the large asset managers. For most people contributing to individual pension pots, this may not even be a possibility.

We are organising a small lecture series at CITYPERC this semester on "Financial Futures: Tech, Green Transitions, China and the Global South" with four brilliant speakers: @nataschavanderzwan.bsky.social, @johannespetry.bsky.social, David Kampmann and @bbonizzi.bsky.social

It's an incredible honour to receive this prize for policy relevant economic research. Big thanks go to my collaborators and co-thinkers on this exciting journey @bbonizzi.bsky.social @powelljr.bsky.social @iliasalami.bsky.social @ingridhk.bsky.social @kaikodden.bsky.social @cacrisalves.bsky.social

The pensions commission is back, with a focus on pensions outcomes. It looks promising on paper, but the focus on individual saving is a bit problematic. "The relaunched Commission will explore the complex barriers stopping people from saving enough for retirement" www.gov.uk/government/n...

Very good piece by @craigpberry.bsky.social on the pensions review. Scale is fine, but financial system structure is a bigger issue. Forcing pension funds into PE is not the best way to promote growth in the UK. Resonates with the work we did with @redjen.bsky.social and @sahildutta.bsky.social

Where "woke" simply means any sort of ESG (which is a limited form of sustainability anyway...).

Blair's opportunism is not tactical it's his essence.

Maybe a bit of respite for UK HE's gloomy environment...?

Happening on Monday 👇

💯 (Especially if you make it an individual responsibility)

Important new research on local currency financing from @anninak.bsky.social @bbonizzi.bsky.social @kpatricio.bsky.social @karstenkohler.bsky.social business.leeds.ac.uk/research-air...

Our report is finally officially out! It deals with how MDBs can help with sustainable forms of finance, i.e. by lending in the local currency of recepient borrowers in developing countries. Summary 👇

UK minister in ‘active discussions’ with pension funds to invest more in private markets - on.ft.com/4bLiJsv via @FT Given how PE is doing this encouragement is basically offering an escape route to other investors, at the pension scheme members' expense.

Three positives of Trump: 1) UK can get closer to the EU without provoking Brexit betrayal narratives. 2) Germany doing public spending 3) Private Equity funds going down

This is the most dangerous, irresponsible framing imaginable. Not to mention it is bollocks. The big big winners from positioning Ukrainian security against poor British people & our public services are the far right. TAX THE RICH TO PAY FOR DEFENSE. PROTECT OUR WELFARE STATE.

Only 2% down: there is significant room for further good news here. on.ft.com/4inNoOF

Our department is hiring up to two lecturers in economics. We're a pluralistic economics department with specialisms in Labour, Wellbeing and Behavioural Economics; Macro-Finance; Development, Trade and the Environment. www.jobs.ac.uk/job/DMC670/l...

📢The 2025 PKES-YSI PhD Conference will be hosted at the University of Hertfordshire! If you are PhD student in pluralist economics, apply by Fri 7 March, to receive feedback on your work from a senior academic + connect with like-minded researchers. More info: ysi.ineteconomics.org/event/16th-p...

🚨Great funded PhD opportunity working on decarbonising public transport in the Global South - pls share! www.gre.ac.uk/docs/rep/com...

I think this is good, but it's stunning how these proposals for anything other than military spending (e.g. climate) are ignored and deemed impossible, especially when progressive economists suggest them. on.ft.com/4gXHNhd

It's definitely possible that crypto will be the origin of the next financial crash, and that Trump/Elon makes this more likely. But reducing Minsky and the financial instability hypothesis to greed and fraud under-appreciates their significance. paulkrugman.substack.com/p/when-maga-...

The PKES PhD conference this year will be at Herts. If you are a PhD student with interest in pluralist economics consider applying! You will get your work discussed by a senior academic, and meet like-minded people. More details (incl application link) here ysi.ineteconomics.org/event/16th-p...

📌 Join us TODAY at #SOAS #Economics to meet Nick Bernards, author of Fictions of Financialization (2025, Pluto Press), discussing with: Devika Dutt (KCL) Hannah Hasenberger (Cambridge) Christian Koutny (Hertfordshire) Ezgi B. Unsal, @soasuni.bsky.social info event 🔗 tinyurl.com/34szy9m6

As the Trusk regime is wrecking the state apparatus that brought us the IRA, it's more urgent than ever to understand the politics of green macrofinancial regimes. Here's a 🧵 on the result of @danielagabor.bsky.social and I wrecking our brains for four years. www.tandfonline.com/doi/full/10....

The ultimate neomercantilist strategy

Great to see this published!

It was a pleasure to travel to Brussels for the @ec.europa.eu and TCX Roundtable on the Future of Currency Risk in Development Finance to present the findings of our report ‘Enhancing MDB Capacity through Local Currency Financing’ alongside my colleagues @anninak.bsky.social & @bbonizzi.bsky.social.

Call for papers: IIPPE panel at the AHE conference stream “International financial subordination”. The IIPPE Financialisation Working Group invites submissions for the submission of a panel at the AHE conference 18-20 June 2025, King's College London.

I just needed an example about market irrationalities, for my anatomy of financial crises module!

It is a bad idea for any number of reasons… here’s 3 1. The upfront pay will not be equivalent to the value of benefit lost - people don’t understanding the value of their pension. 2. It will leave people in worse financial position post retirement 3. It will lead to more bloat in financial sector

Pension inadequacy isn’t a problem that can safely be ignored. The state spends an huge amount, yet the split between the haves and the have-nots is becoming untenable www.common-wealth.org/publications...

This is bad, bad news. Hard to see it as anything other than irresponsible, and driven by panic rather than planning. Rachel Reeves puts pensions review on hold to avoid extra burden on UK business on.ft.com/3OX8XZK

That's one way to keep the currency hierarchy I guess..

New CABS list is out. Noticeable changes for the UK hetecon community: 1) Socio-economic review upgraded to 4* 2) Kyklos downgraded to 2* Everything else stable. charteredabs.org/academic-jou...

Not sure why but I find it odd that Starmer would call BlackRock a "leading business". It makes it sound so parochial.

There will be little gain from consolidation if we don’t take action further downstream - ‘infrastructure’ investment currently means investing in an infrastructure fund that buys up privatised parts of the state, often on a short term basis. www.gov.uk/government/n...

As promised (threatened?), I made a starter pack of heterodox and political economists! You'll see a range of pluralist theories here, as well as some heterodox-friendly economists that may be more mainstream. go.bsky.app/J86RtKh

Got an article in new edition of Renewal on the future of pensions, with @bbonizzi.bsky.social and Sahil Jai Dutta journals.lwbooks.co.uk/renewal/vol-...