“It is a book for the dinner table not for the desk,” concluded Robert M. Solow’s review of The New Industrial State (1967) by John
Since 1980, the pretax income of the bottom half of workers in European countries has grown by 37 percent. For the bottom half of Americans,
RT @PhuckleI: Snapshots of the world. Well worth a visit. Excellent digest of global movements and historical forces. https://t.co/4AlCpkUO…
The export of North Korean labor to Russia began in 1946 and continued, almost uninterrupted, until recently. NO I did not know that this was
Bullets manufactured in Serbia were used by Nigerian authorities in lethal crackdown on unarmed protesters in Lagos, an investigation has revealed. Through variety of shady
Americans born into low-income households are far less likely to rise to higher rungs in income ladder than their European counterparts, according to @OECDeconomy data
How politics of economic policy has shifted in eurozone to enable 2020 fix. Schematic by Marco Buti Chef de Cabinet of commissioner @PaoloGentiloni His talk
"The way in which the crisis unfolded tainted the narrative on its nature” Marco Buti making a profound point about the politics of Europe’s response
The EU’s response to the corona crisis, as sketched by Marco Buti. In debate today with @nicolas_veron @ColumbiaEurope will post video recording. https://t.co/gMUZ66hQkS
@AlvaroISLM @nicolas_veron Sorry. I will circulate the recording.
RT @olgatuleninova: Albrecht Dürer Iris troiana – watercolor ink on paper -Detail 1508 https://t.co/t1kSMtRcTs
The EU’s response to the corona crisis as sketched by Marco Buti. In discussion with @nicolas_veron right now. Register and join us now. Running until
Inspired by tech autonomy push, Chinese semiconductor companies have raised nearly $38 bn so far in 2020 —more than double last year’s total. But, it
Folks can sign up via the weblink. twitter.com/nicolas_veron/…
RT @adam_tooze: In this @TPpodcast_ with @HelenHet20 we wind up talking, as Helen and I tend to, about the Fed, central banking, vaccines,…
In this zoom seminar right now with Marco Buti and @nicolas_veron europe.columbia.edu/events/eu-resp…
Amongst the G10 currencies the euro is the most undervalued relative to the $ i.e. it ought to appreciate to equilibrate trade balance. Swiss Franc,
Since imports from low-wage EM surged across AE at same time and only after 2000, they are very unlikely by themselves to explain peculiar surge
Sudan Will Decide the Outcome of Ethiopia's Civil War As PM Abiy moves v Tigray People’s Liberation Front—Khartoum’s will determine whether conflict remains a local
November 2020 the moment where we had both the Fed and the ECB PLEADING for fiscal action from deadlocked political processes in Congress and in
Options for central banks, & Fed/ECB in particular, against backdrop of lowflation, corona, the climate crisis, political deadlock on both sides of the Atlantic. Theme
RT @AkshatRathi: @joethw8s @full_enjoyment @adam_tooze @gordonschuecker Exactly why primary energy is best looked at alongside final energy…
The relentless downward slide of inflation in the US as plotted by inflationdata.com/Inflation/Infl… H/t @SoberLook https://t.co/uCWPSGeVSE
RT @JonButter2: @adam_tooze @lucasguttenberg Twitter will translate it in an adequate way.
This thread by @lucasguttenberg on EU budget stand off with Poland and Hungary should be translated into English. twitter.com/lucasguttenber…
So no deal on Rule of Law mechanism and EU budget until December. July recovery package/Green deal in play. Shades of 2011? Difference is that
"How imports of foreign supplies of medical kit and medicines came to rescue of US hospitals and patients” – rather polemical title for an interesting
On political grounds Slovenia joins Poland and Hungary roadblock on rule of law mechanism and EU budget. At stake is EU funding to tune of
Two of most knowledgeable voices on ins and outs of EU fiscal arrangements @lucasguttenberg and @jfkirkegaard laying out options for recovery funding and budget in
Around the US election net capital flows to EM began to recover the losses of earlier this year. @IIF data via @moodyanalytics and @SoberLook https://t.co/HfkbsaX4uy
There is much speculation about a recovery in inflation in the US in 2021 or 2022. But where will that come from if the credit
When people drop out of the usual 26-week system is when a falling # for continuing UI claims is VERY bad news! twitter.com/hshierholz/sta…
Another Thursday and we are still here … the essential and relentlessly accurate @hshierholz breaking down the disastrous numbers. 1.1 m people applied for UI
RT @LynAldenContact: 2020 is the first year in decades where the United States has a lower labor force participation rate than Japan. https…
EM classified in terms of debt sustainability and inflation risk. Nice chart though some of the placements are a literal puzzling. Brazil has highest overall
"“Is it $2.2tn, $1.5tn? You’ve got to be kidding me. Just split the baby and move on,” Jamie Dimon said deadlock in Congress over stimulus
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