“In a historical irony, the euro will immunise [the economic impact] from the left or the far-right,” he told L’Express magazine. ft.com/content/e28f97… via @ft

La fortune des milliardaires croît à près de 10% par an. Si vous taxez à un taux de 3% un patrimoine qui croît à ce rythme, il continue d’augmenter à près de 7% / an et double en 10 ans. Rassurez-vous: les ultrariches se porteront encore fort bien avec le #NouveauFrontPopulaire☝🏼

🇬🇧🗳️ Labour today received less votes than under Corbyn in 2017 and 2019 and the same vote share as in 2019, benefiting today from the fragmentation of the right in a majoritarian system. What now? A fine thread ⬇️

Since May 2001, Spanish teams have played in 27 major finals (Champions League, Europa League, World Cup, Euros). There has been a Spanish winner in all 27 finals.

As digital devices become more complex, they require more mineral resources. For resource-rich developing countries, rising mineral demand presents economic opportunities. But they must advance up the value chains rather than just supplying raw materials. unctad.org/der2024

Labour’s fiscal rules are a dead end for the party and for society. Being a good steward of public money isn’t about closing “fiscal holes” and “paying it back.” It’s about closing real deficits—health, infrastructure, education, etc—-and paying it forward for future generations.

Il est déjà annoncé sur certains sites de libraires en ligne, la parution devrait être le 18 octobre. Le titre sera « Blocs sociaux et domination » et le sous-titre « Pour un économie politique néoréaliste »

Don’t be fooled by expectations management. Times have story because HMT gave it them. Idea is to tell us how *awful* the cuts are going to be and then, when they turn are less bad, we are expected to be grateful. Don’t fall for it. No to cuts. thetimes.com/uk/politics/ar…

Part of the job of a progressive government is to shift the public narrative towards the idea that the state can improve people's lives. Pretending the govt budget is like a households', as in this economically illiterate video, reinforces the idea that it can't.

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The illusion of productivity stats. From the #draghireport In services we don't observe "output", only incomes. What this chart really shows is that service sector incomes in 🇺🇸are higher than in 🇪🇺. Is this "tech" (or more market structure, regulation, and distribution)?