🥁 New paper alert! 📰 Our paper with Lucio Baccaro and Alison Johnston looks at how sovereign bonds react to fiscal and monetary performance under different exchange regimes (focusing on the contrast between EMU and more flexible regimes). academic.oup.com/ser/advance-ar…

80th anniversary of the Warsaw Uprising today. I finished the Białoszewski memoir this morning. What a great, devastating book. NYRB Classics

Looking for a position that has “answer big questions about the political economy of capitalism” in the job description? 🚨🚨 NEW: 2-year postdoc to work on asset managers and inequality with Mark Blyth and me. Physical base is Brown. Please share! apply.interfolio.com/147689

The price question in an eggshell: Jason Furman: When 🥚 prices go up, supply goes up. Me: When 🥚 prices go up, 🐓 do not lay more 🥚. It takes time until more 🥚-laying 🐓 are bred. In the interim, prices overshoot hurting consumers & causing windfall profits. Full story 👇🏽

🔥Hot off the press How do financial cycles shape bureaucratic autonomy, economic growth & regulatory governance in emerging markets? Fulya Apaydin & I locate bureaucracy in growth models & study the political economic bases of bureaucratic autonomy👇 onlinelibrary.wiley.com/doi/pdf/10.111…

Scores of people have been showing up on the 🟦 site. But (with few exceptions) the political economy intelligentsia is not there. I'm guessing that the below-average presence reflects the above-average fun we've had on here. But let's face it, that's over. It's time to move.

What happens if you place central banks at the center of the study of varieties of capitalism? This is what we try in or new NPE journal article on the Nordic Model beyond the fiscal centric approach 1/

Proud to say, along with more than 100 Jewish culture workers here in Germany: "the only way of „protecting, preserving, and strengthening“ Jewish life in Germany is to protect, preserve, and strengthen the rights of all minorities." taz.de/Dokumentation-…

Ein beeindruckender offener Brief jüdischer Stimmen zur geplanten BT-Resolution – "Wir schreiben in der Überzeugung, dass der einzige Weg, jüdisches Leben in Deutschland zu schützen und zu stärken, darin besteht, die Rechte aller Minderheiten zu schützen." taz.de/Dokumentation-…

Hard to say what “greedflation” means, since no one arguing that profits played a role in the return in inflation uses this term. For sellers’ inflation, it’s enough to keep markups constant when input costs go up. Unit profits go up as a matter of accounting. See ECB table 👇🏽

“restructuring based solely on demographic developments [has not achieved] the urgently needed structural adjustments for greater competitiveness” The grating sound of the Autoindustrie narrating its demise under self-administered carbon shock therapy. ft.com/content/f32c17…

If you're in Vienna on 26 Sept, I'll be giving a talk about wealth regimes and institutional capital at this year's Young Economists Conference, hosted by AK Österreich.

"Taking money seriously": JW Mason's fantastic opening lecture at the finance summer school, now on Phenomenal World.

Very excited to welcome Benjamin Braun as keynote speaker at the Young Economists Conference #YEC (Sept 26 and 27) in Vienna. Register here to attend his lecture 👇veranstaltung.akwien.at/de/benjamin-br…

I have a piece "Taking our Lives out of their Portfolios" in this forum⬇️ in brief: "why are the financial assets of working people in public and union pension funds managed by these extractive asset managers in the first place? How do we take our lives out of their portfolios?"