River or sankey diagram showing the allocation of profits from global oil and gas companies to quantiles of the US wealth size distribution via financial system intermediaries, such as asset managers, and categories of ultimate beneficiaries, such as business owners, pension funds and shareholders in listed companies. The scale is hundreds of billions of US dollars, and ultimately 50.4% of profits reaching the US personal wealth distribution go to the richest 1% of households.
🚨NEW PAPER🚨
We all know the 2022 energy price shock fueled the cost of living crisis. It also caused a profit bonanza for the very rich. We show the US reaped the largest profits ($377bn) of any country. 50% went to the richest 1%, only 1% to the bottom 50%. A🧵 www.sciencedirect.com/science/arti...
08.10.2025 16:50 — 👍 434 🔁 249 💬 10 📌 30
Conférence en hommage à Michel Aglietta : Repenser la monnaie aujourd’hui
Repenser la monnaie aujourd’hui Cette session explore la vision de Michel Aglietta, qui concevait la monnaie non comme un simple instrument économique,…
Table ronde "Repenser les instruments de la #TransitionEcologique" avec Agnès Bénassy-Quéré, @espagneetienne.bsky.social, @pisaniferry.bsky.social et @thomas-grjebine.bsky.social.
vimeo.com/1124153275?f...
#econsky @banquedefrance-off.bsky.social @ofce.bsky.social
06.10.2025 12:32 — 👍 3 🔁 2 💬 1 📌 1
YouTube video by EconomiX
Hommage à Michel Aglietta | Laurence Scialom
C’est avec une grande humilité, tant il est difficile, voire impossible, de rendre compte de l’importance des tableaux de recherche de Michel Aglietta, que je diffuse cette vidéo d’hommage.
Lisez relisez Michel Aglietta tellement éclairant sur les défis contemporains !
youtu.be/7KtRDWMeIog?...
18.09.2025 09:40 — 👍 35 🔁 13 💬 0 📌 1
China Green Leap Outward — Net Zero Industrial Policy Lab
A new China Low Carbon Technology FDI Database
1/ New report from @bentleyallan.bsky.social's Net Zero Policy Lab: As the US withdraws from green tech industries and pressures allies to follow suit, China is stepping in to power the developing world's energy transition. The scale is staggering.
www.netzeropolicylab.com/china-green-...
12.09.2025 02:21 — 👍 503 🔁 278 💬 11 📌 68
Important point from climate & environment perspective in today's US & EU statement on agreement on a framework for trade: "Taking note of the U.S. concerns related to treatment of U.S. small and medium-sized businesses under the Carbon Border Adjustment Mechanism (CBAM), ..."
21.08.2025 13:07 — 👍 0 🔁 1 💬 1 📌 0
Ouvrages en débat | Natures Sciences Sociétés
Natures Sciences Sociétés, traite de tous les aspects de l interface homme-nature, la science faisant elle-même partie de cette interface
Une nouvelle recension de notre ouvrage avec Michel Aglietta « Pour une écologie politique au-delà du capitalocène » par Agnès Labrousse, Professeure à Science-po Lyon, dans la revue Nature, Sciences, Sociétés : www.nss-journal.org/articles/nss...
25.07.2025 09:38 — 👍 1 🔁 0 💬 0 📌 0
Un grand merci à @louisoncf.bsky.social pour cette belle recension de notre ouvrage avec Michel Aglietta "Pour une écologie politique au-delà du capitalocène"!
20.07.2025 06:28 — 👍 4 🔁 1 💬 0 📌 0
"The projected losses for U.S. agriculture are especially steep. “Places in the Midwest that are really well suited for present day corn and soybean production just get hammered under a high warming future,” ..."
18.06.2025 19:33 — 👍 0 🔁 1 💬 1 📌 0
Le brillant héritage de Michel Aglietta
Trois économistes, Robert Boyer, André Orléan et Etienne Espagne, saluent l’œuvre foisonnante et novatrice de Michel Aglietta, disparu à l’âge de 88 ans.
17.05.2025 10:55 — 👍 5 🔁 4 💬 1 📌 0
Michel Aglietta, un économiste face à la crise écologique
À force de penser les mutations du capitalisme, Michel Aglietta en est venu à approcher ses limites écologiques, rappelle Etienne Espagne. Son œuvre trace une voie originale entre macroéconomie et urgence climatique.
16.05.2025 06:20 — 👍 16 🔁 13 💬 0 📌 0
1/n Michel Aglietta passed away. He was one of the founders of the French "regulation school." As a researcher, teacher & debater, he has profoundly influenced how French economists approach capitalism, technology, financial systems and money -not just the regulationists themselves
Some HET reads:
29.04.2025 19:03 — 👍 89 🔁 37 💬 1 📌 2
Tristesse d’apprendre la disparition de Michel Aglietta. Un grand penseur, qui a souvent collaboré avec le CIRED et tant enrichi nos réflexions. Son héritage intellectuel restera vivant.
28.04.2025 16:12 — 👍 7 🔁 5 💬 0 📌 0
Depuis 15 ans, Michel Aglietta a été pour moi un maître à penser, un co-auteur créatif et exigeant et un ami rieur et plein de vie. Très triste de cette disparition. Merci à Laurent Baronian pour cette récente recension de notre ouvrage paru en mars 2024 chez @editionsodilejacob.bsky.social.
28.04.2025 16:32 — 👍 1 🔁 1 💬 0 📌 0
Michel Aglietta
1938-2025
28.04.2025 09:23 — 👍 71 🔁 42 💬 8 📌 8
Call for poster abstracts for Exeter Climate Conference
🔌💡 Call for poster abstracts now open for #ExeterClimateConference (deadline: 30 April):
I'm co-convening the session on clean energy and decarbonisation. Keen to hear about #justtransition, the intersection with #health (bikes?), and the big challenges!
exeterclimateforum.com/poster-abstr...
27.03.2025 12:25 — 👍 1 🔁 3 💬 0 📌 0
Join the GSI next week for our talk with @espagneetienne.bsky.social, author and senior climate economists at the World Bank, on the cross-border risks and dynamics of climate financing in emerging and developing economies.
Please email infoGSI@exeter.ac.uk to register your attendance.
#GSIExeter
13.03.2025 15:57 — 👍 4 🔁 3 💬 0 📌 0
DP19987 From Climate to Nature Macro-Criticality: Exploring New Scenarios and Modeling Frameworks
While the macroeconomic and financial implications of climate change have long been debated by researchers as well as economic and financial decision-makers, the potential macro-critical impacts posed by biodiversity loss and the structural shift towards an economy that protects - rather than degrades - nature remain underexplored. In fact, recent studies struggle to explain why even major ecosystem disruptions show only minor macroeconomic and financial impacts in their models. Against this backdrop, this paper reviews existing biodiversity-economy scenarios and modeling approaches to assess their ability to capture the macro-criticality of nature-related transition impacts. We highlight two key gaps: (i) The prevailing tendency to adopt a narrow approach to nature-related impacts, predominantly focusing on the agricultural sector, fails to account for the multiple sectors that could also be affected—either directly or through value chain linkages. Moreover, this approach overlooks the broader socioeconomic transformations that may be necessary to facilitate a meaningful transition toward sustainability; and (ii) The limits of equilibrium-based models, which systematically underestimate the economic impact of nature-related impacts due to their focus on optimization under constraints, their assumptions about substitutability, and their limited representation of both the financial sector and propagations of shocks throughout value chains. We then make three contributions to start addressing these shortcomings: First, we provide a thematic summary of a broad range of nature-related transition scenarios, to support future economic assessments of nature loss or transition pathways through a more comprehensive approach. Second, we explore the potential of diverse non-equilibrium ecological macroeconomic models to reflect the interdependencies between biodiversity, economic activity, and financial stability. Rather than forcing automatic convergence towards an optimal state, these models track the dynamic evolution of simulated trajectories, thereby better capturing how nature loss can become macro-critical. Third, we apply these insights through four case studies to illustrate how nature-related impacts can propagate through production and financial networks, with potentially large positive or negative impacts at the macro level. We do so by using both: relatively simple tools (based on input-output tables) to assess short-term economic and financial exposures to specific scenarios; and two of the ecological macroeconomic models mentioned above for medium-term assessments. Our findings underscore the need to consider both a broad range of scenarios and alternative modeling approaches to identify the potential macro-criticality of nature. Doing so will be essential to begin to meaningfully integrate nature into economic and financial policymaking, and support efforts to halt and reverse biodiversity loss.
🗞️ New CEPR Discussion Paper out: "From climate to nature macro-criticality: exploring new scenarios and modeling frameworks": cepr.org/publications... (please reach out to me if you don't have access to the paper).
01.03.2025 08:58 — 👍 2 🔁 2 💬 1 📌 1
Huge thanks to all my co-authors for their important work exploring the interactions between nature and economics: Jeffrey Althouse, Bastien Bedossa, @espagneetienne.bsky.social, Léna Faucher, @mdgonon.bsky.social, Katie Kedward, Angela Modica Scala, Adam Poupard
01.03.2025 08:58 — 👍 2 🔁 1 💬 0 📌 0
World Bank Policy Research Working Paper on green technology opportunities in Poland, Bulgaria, Romania, Croatia. @gregorsemieniuk.bsky.social documents.worldbank.org/en/publicati...
15.01.2025 16:54 — 👍 4 🔁 2 💬 0 📌 0
Green Central Banking publishes the latest news, research and policy proposals on central banking and climate change.
Owned by Global 2050.
www.greencentralbanking.com
Géographe. Environnement, risques et catastrophes, résilience et adaptation. Compte personnel.
Ecosocialist bluestocking. Immigrant & settler 🇪🇺🇨🇭🇺🇸🇬🇧. Social ecology & ecological economics at Uni Lausanne in 🇨🇭. Bad at email. She/her
Violinist, Prof at Barenboim-Said Akademie, and concertmaster of West-Eastern Divan Orchestra. Has come into the spotlight mainly for speaking out about Gaza since early 2024. Involved in artistic and academic projects amplifying Palestinian voices.
President CEPR
André Hoffmann Chair and Professor of Economics @ Geneva Graduate Institute
The ClimateChangePost: the latest news on how the shifting climate is affecting life in Europe. https://www.climatechangepost.com
I am professor of Economics at the University Grenoble Alpes, France. My areas of research are the American Progressive Era (1890-1920), central banking, gender and the political economy of the body. Follow me!
Historien (guerres, histoire publique), prof (CPGE, ScPo, ENS), auteur (Nathan, Monde des Livres), podcasteur (Paroles d’histoire, Le fil de l’épée)
Économiste, Professeure à Université Paris Nanterre, EconomiX, Institut Veblen, Observatoire de l’Ethique Publique, économie institutionnaliste, banque centrale, régulation financière et bancaire, écologie, éthique.
Économie, sociologie.
● http://www.blog-illusio.com/
● https://blogs.alternatives-economiques.fr/anota
● https://annotationsbis.blogspot.com/ [traductions, revues de presse]
Editorialiste Alternatives Economiques, Librairie de l'éco BFM Business, Chronique Livre sur France Inter
Conférences, débats, rencontres, consacrés à l'#économie. Site web : https://www.journeeseconomie.org/
In-depth, independent reporting to better understand the world, now on Bluesky. News tips? Share them here: http://nyti.ms/2FVHq9v
A new entity to catalyse the emerging field of systemic risk analysis. Learn more: https://www.asranetwork.org/
Principal Economist at the Bank for International Settlements. Views are my own, so is the silly sense of humor.
🔺 Comprendre notre société, les débats qui la façonnent et les découvertes scientifiques qui en renouvellent la vision.
📍📚 Maison d'édition, Paris, France.
Biodiversity, environment, and climate specialist having worked in Galapagos and Guyana.
Energy modelling | Wikipedian | Solar energy, energy storage and sector coupling | Long COVID | Senior Lecturer at ExeterUni
Compte officiel de l'Université de Lille 🌦️ #ULille
UN Special Rapporteur on extreme poverty and human rights
Co-chair IPES-Food
Member of the Council of Europe’s European Committee of Social Rights
Professor UCLouvain & Sciences Po
> srpoverty.org
