Parochial

[Louis-Philippe Rochon @Lprochon]

My friend Guillaume Vallet speaking on the French Regulation School at the Poznan post-Keynesian Summer School

[Louis-Philippe Rochon @Lprochon]

The most wonderful Domenica Tropeano on CBDCs at the Poznan Post-Keynesian Summer School.

[Louis-Philippe Rochon @Lprochon]

Sylvio Kappes speaking on endogenous money at the Poznan Post-Keynesian Summer School

[Pavlina R Tcherneva @ptcherneva]

The full transcript of James K. Galbraith's honoris causa speech is now available, featuring an introduction by @yanisvaroufakis. A well-deserved honor for the Levy Institute Senior Scholar. Read more: https://t.co/QAbcMPpkwv

[James Young @JamesYo43532848]

https://t.co/eO2uOrcC7Z

[Robert Parenteau, CFA @MacroEdge1]

The work of people like Wynne Godley, Jan Kregel, & Eric Tymoigne at the Levy Institute in the late '90s bubble & the 2008 GFC was some of the most relevant and coherent macro financial analysis of its day. & widely ignored-until after the fact. Don't make the same mistake thrice

[Parochial @parochial]

@arindube @MaxJerneck @LevyAntoine @lugaricano Per hours worked indicator better shows efficiency.

[Clash Report @clashreport]

Denmark’s PM Mette Frederiksen:

There is a total established link between power, political power, capital, tech giants and AI. And the purpose of this is undermining democracy.

That's the goal because the people who are developing this stuff are against democracy.

I met Sam Altman a couple of years ago. I spent hours with him and at the end of the discussion I said to him, "You have created a monster."

And he said, "Yes, and now it's up to you to find out how to deal with it."

[Parochial @parochial]

@pineconemacro @NickTimiraos Brokerage fees were stubborn due to policy rate. Air fares depended on oil prices.

[Parochial @parochial]

@pineconemacro @NickTimiraos At least one has to look at the source of services inflation instead of hypotetasing of being caused by wages.

[joe brindle @JoeBrindle_]

"There's no reason why a state like Britain ought to be subject to the blackmail of the bond markets if the central bank plays the role it could be playing"

@adam_tooze lays the blame of Britain's bond markets fears at the feet of BoE and Andrew Bailey

[Parochial @parochial]

@JesusFerna7026 @LdelaEscosura What role could play the massive gold inflow to Spain? Gold could play the role as a type of "dutch disease". Spain did not have to produce goods for offering in exchange for gold just grab it.

[Dirk Ehnts @DEhnts]

Japan shows that "demography" is compatible with making life better. What goes against this is rising inequality and neoliberal policies that award rent-seeking and publish public investment. Also, Japan has a better macroeconomic regime, with fiscal doing the heavy lifting.

[James Young @JamesYo43532848]

@NickTimiraos https://t.co/d9HBwAUK7i

[James Young @JamesYo43532848]

@DianeSwonk The 1970s Were Price-Led Wage Adaptation, Not Autonomous Wage-Push Inflation

"Wages did not ignite the 1970s inflation.
They adapted to a tradables-cost shock that had already repriced the system."

[Parochial @parochial]

@mtkonczal CPI definitions are too varied. Just look at comparable HICPs for Eurozone and the US (discontonued by Trump administration since 2024).

[Parochial @parochial]

@mtkonczal @BickerinBrattle Warsh explicit on blaming Fed b/sh size for inflation.