Top Tweets for #21FMM
alternative explanations for #ProductivitySlowdown and falling #LabourIncomeShare have been discussed at the #21FMM conference @FMM_macro @IMKFlash
https://t.co/pnbFQiHD6w
"political #liberalism is in #trouble; in earlier times a form of #insurance supported by the rich; end of #GoldenAge liberalism's own making; #xenophobia a symptom; #economics should reclaim #democratic #CivilSociety"
Samuel Bowles @FMM_macro @IMKFlash
#21FMM

"#GlobalValueChains stopped growing 2011; #robots cause #manufacturing #reshoring; KR, JP and DE lead with ~5 robots per 1k employment; with robots CZ, SK, SI escape #MiddleIncomeTrap; #capital biased #technology > declining #SkillPremium"
Dalia Marin @FMM_macro @IMKFlash
#21FMM

"most countries in the world do not experience #convergence; those who did do not follow #WashingtonConcensus; #List vs #Ricardo; #diversification of #industry needed; premature #deindustrialisation instead"
Hansjörg Herr @FMM_macro @IMKFlash
#21FMM
https://t.co/8Q6SCdvWBS
In about one hour:
LIVESTREAM:
#Shaping #Globalisation
with Hansjörg Herr from @HWR_Presse Dalia Marin from @LMU_Muenchen and Samuel Bowles @sfiscience and CORE at @FMM_macro #21FMM
https://t.co/nFgr9sqWaH

In about one hour:
LIVESTREAM:
#Shaping #Globalisation
with Hansjörg Herr from @HWR_Presse Dalia Marin from @LMU_Muenchen and Samuel Bowles @sfiscience and CORE at @FMM_macro #21FMM
https://t.co/nFgr9sqWaH

In about one hour:
LIVESTREAM:
#Shaping #Globalisation
with Hansjörg Herr from @HWR_Presse Dalia Marin from @LMU_Muenchen and Samuel Bowles @sfiscience and CORE at @FMM_macro #21FMM
https://t.co/nFgr9sqWaH

@EconEnno talking about the "External Adjustment in the European South" #21FMM

"changes in #PriceLevel have different effects on the #TradeBalance from changes in nominal #ExchangeRate; high TB #surplus P #appreciation > perverse reaction; high TB #deficit E #depreciation > perverse reaction"
Fabian Lindner @FMM_macro @IMKFlash
#21FMM

"higher #WageCentralisation > lower rise in #TopIncome but stronger fall in #WageShare > #CurrentAccount #surpluses"
@tillvantreeck @FMM_macro @IMKFlash
#21FMM


Brilliant Friday Panel @FMM_macro #21FMM @BrankoMilan Barbara Fritz Moritz Schularick perspectives on #globalisation #Macroeconomics @IMKFlash @boeckler_de

Moritz Schularick advocates his https://t.co/3jF8ozqP5H database @FMM_macro #21FMM. Looks very promising!

"#globalisation can spread #financial #contagion; financial #crises typically followed by right wing #political #backlash; financial #markets like #populists"
Moritz Schularick @FMM_macro @IMKFlash
#21FMM

Moritz Schularick: Financial crises are almost followed by a political crash - increases in polarisation, rise of far-right populist parties, decline of centre-left parties, etc. #21fmm
.@BrankoMilan at #21FMM: as China becomes richer, it stops contributing to the reduction of global #inequality and starts adding to it

For decades the rise of China has reduced global #inequality . @BrankoMilan says China has now reached the 50% level, so its future growth will actually increase global inequality. #21fmm
@BrankoMilan at @FMM_macro #21fmm : "The positive #China effect on global inequality is now mostly a thing of the past."

@BrankoMilan at @FMM_macro #21fmm: "For the first time in a very long time, global income distribution looks like national income distributions"

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