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econteaching.bsky.social
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Finished 'Shifty' now by Adam Curtis. His standard fair of disturbing/odd footage with interesting messages put over the top. Huge amount of economics in there, starting with Monetarism & ending on the idea behind the independence of the Bank of England. #EconSky www.bbc.co.uk/iplayer/epis...

Useful to see discussion of this. Will check the paper with @mkblyth.bsky.social

Brad Setser: American companies now report earning about $350 billion in profits annually in the world’s major centers of corporate tax avoidance, which include Ireland, Luxembourg, Singapore and a handful of others. www.nytimes.com/2025/06/20/o...

Hope: AI can foster inclusive, sustainable growth if its benefits are broadly shared through thoughtful policy & investment in skills & institutions. Fear: Without deliberate governance, AI may deepen inequalities & concentrate economic power, undermining social cohesion & fair opportunity.

Mkt power & mkt failure #econ3 #econ1

We spent decades combatting fake climate science, now we are battling fake climate solutions - at a time when we simply cant afford to make mistakes (last roll of the dice). Oligarchs should not be advising government ⚠️

“Justice in real terms means sanctions, prosecutions & a more robust & enforceable accountability regime. Nearly a decade has passed – accountability is long overdue” Our briefing by Leela Jadhav on corporate accountability after Grenfell in @theguardian.com 👇 www.theguardian.com/business/202...

What do folks think about this ?

Amid this week’s government spending review, Bennett researchers shared new blogs on: 📉 How a broken justice system is holding back growth 🌲 The role of infrastructure in the economy 📊 Why we need to account for “missing capitals” Here’s the round-up 👇👇

The deteriorating justice system in England & Wales is hindering economic growth — where backlogs & underfunding in tribunals & civil courts are causing problems for business, writes @dianecoyle1859.bsky.social in a new piece for @uk.theconversation.com theconversation.com/the-deterior...

We talk a lot about data sources and accuracy—but not enough about the concepts behind the data. What are we really trying to measure? How do our classifications shape what we see in society? ⬇️

Lab mkt #econ3

Reserve your free in-person tickets to SFI's upcoming Community Lecture! lensic.org/events/kyle-... Kyle Harper’s talk on “Climate Change and Contagion — Complex Crises Past and Present” at @TheLensic on 🗓️ June 18, begins at 7:30 pm MT and will also stream online.

the answer was almost always ‘what the market will bear’ and other variables preoccupied the management #econ3

Mkt power #econ3

When private equity owns your doctor, you pay MORE for WORSE care. Their priority is profit. Governor Kotek just signed into law the strongest protections against corporate profiteering in health care. Congress should follow and get private equity out of health care nationwide.

Every so often I remember that interest rates were below 1% for 12 years. I realise this is not "news". Nor is it news that, during that decade-plus, we failed to use the potential of dirt-cheap borrowing to invest in infrastructure projects that we belatedly realised we desperately needed. Hmph.

Its rather delicious that this compelling take down of William Nordhaus by @profstevekeen.bsky.social was delivered at Yale University. No punches pulled. youtu.be/QGfaqALkc40

Look at how stark this: Reform has clear leads among voters who have the lowest life satisfaction, while Labour is ahead among those with the v.highest life satisfaction.Further evidence rise of Reform (and greens) being driven by “I may as well roll the dice” dissatisfaction with status quo

Here are our @bennettinstitute.cam.ac.uk ideas for measuring social infrastructure www.bennettinstitute.cam.ac.uk/publications...

“The Deficit Myth” @stephaniekelton.bsky.social (still top-notch) The #book was published on June 9, 2020 -- exactly 5y ago -- 2-weeks after its release, it was a @nytimes.com best seller. stephaniekelton.substack.com/p/the-defici...

Tomorrow, we'll hear that the govt budget is tight, which will probably be used to justify spending cuts to vital public services. But as Gordon Brown points out, reversing the tax cuts the last govt gave banks & reducing the amount of interest we pay on their reserves would bring in billions.

“An era can be said to end when its basic illusions are exhausted.”

@mathewlawrence.bsky.social for @politicsjoe.bsky.social on why Arthur Miller helps explain our era of exhaustion. 👇

Learned much from Dylan Wiliam, Rene Kneyber and Naomi Fisher

Recommended read: A feature in the ‪@financialtimes.com‬ examined the “battle to create a carbon trading market for negative emissions” in the UK.

Free-to-read opinion: Europe's response to US research disruption requires it to confront fundamental questions about institutional purpose, writes @ersatzben.bsky.social www.researchprofessionalnews.com/rr-news-euro...

Lab mkts #econ3

Ever wondered why the world is awash in capital, and so little of it goes towards decarbonization? Might have something to do with the issues raised in this special issue edited by @markblyth.bsky.social and @leahdowney.bsky.social In RIPE: Vol 32, No 3 www.tandfonline.com/toc/rrip20/3...

Mkt power as mkt failure #econ3

How climate risk was missing from the election was a mystery for me, especially with spiralling cost of living due in part to rapidly increasing insurance costs caused by exposure to recent floods and fires. Great article from Michael Spencer in Monash Lens lens.monash.edu/@business-ec...

It’s a special honor to be among those receiving honorary degrees from Brown. It’s a place that welcomed me and shaped me and challenged me and liberated me, and made possible everything that came after. I’m looking forward to celebrating this weekend with friends. www.brown.edu/news/2025-05...

Micro y2 #econ3 ‘For every pound of your water bill, an estimated 35 pence goes on debt or dividends.

Mkt failure #econ1

“Don’t waste buildings” is a great name for a loose volunteer organization in the UK founded by Leanne Tritton, Will Hurst and Richard Nelson to “to put a spotlight on up-front, or embodied, carbon and make the case for the productive use of empty and underperforming buildings.”