Jeff Powell

The UK’s fiscal problems aren’t just about growth Reassessing taxes and spending every six months introduces excessive policy uncertainty

Rachel Reeves are you listening? Gita Gopinath doing you a favour here... on.ft.com/4oztILv

Exclusion by design: the Eurocentrism of Labour Migration in Economics – Bianca Kyd-Rebenburg Exclusionary migration policies are gaining traction internationally. In the UK, the US, Germany, and most other regions of the Global North, we see stronger shifts tow…

Exclusion by design: the Eurocentrism of Labour Migration in Economics, Bianca Kyd-Rebenburg d-econ.org/exclusion-by...

Climate disasters displaced 250 million people in past 10 years, UN report finds Floods, storms and droughts have uprooted people across the globe as rising temperatures intensify conflict and hunger

www.theguardian.com/environment/...

Financialization of and by International Organizations: The United Nations and the Global Climate Finance Architecture This contribution uses a discussion of the global climate finance architecture to put forward and illustrate a conceptualization of the financialization of and by international organizations. It high....

Financialization of and by international organizations, by Ewa Karwowski doi.org/10.1111/dech...

Gulf between rich and poor risks US downturn, Fed official warns John Williams suggests poorer Americans’ mounting problems could be a factor in whether the central bank cuts rates next month

Gulf between rich and poor risks US downturn, Fed official warns - on.ft.com/43Otjwc via @FT

What we still get wrong about women’s role in global economics From the Enlightenment to today’s ‘tradwives’, three books look at the tension between production and reproduction

What we still get wrong about women’s role in global economics - on.ft.com/4olyOut via @FT

Maybe some repo ructions could be a good thing? A defence of even more quantitative tightening

Maybe some repo ructions could be a good thing? - on.ft.com/4oWd4W3 via @FT

Pressure on the Fed More on why the central bank’s balance sheet is likely to grow again, and soon

Pressure on the Fed - on.ft.com/3WFoeT5 via @FT

The AI Shift: should LLMs be allowed in the classroom? Is the technology a dangerous crutch or a personal tutor?

The AI Shift: should LLMs be allowed in the classroom? - on.ft.com/3JlFnOJ via @FT

The cable news-ification of everything New research shows how incentives in the modern media ecosystem help explain rising polarisation and negativity

The cable news-ification of everything - on.ft.com/49LNvCy via @FT

Beware the three Ls: leverage, liquidity and lunacy In the long run bubbles always deflate, often when least expected

Beware the three Ls: leverage, liquidity and lunacy - on.ft.com/491k2Ey via @FT

🚨New publication with Kristijan Kotarski:

Enduring Structural Power? Assessing the Dominance of the Anglosphere in Global Finance Before the Trump Turn

Includes novel visualizations of global finance (banking, portfolio inv & FDI) showing persistent US centrality

hrcak.srce.hr/clanak/487488

If an ex-chancellor pumps crypto and no one notices, does it make a noise? Kwasi be stacking, no one be caring

🤣🤣🤣🤣If an ex-chancellor pumps crypto and no one notices, does it make a noise? - on.ft.com/43SCETD

Why the Fed’s balance sheet may grow again Keeping up with repo demand

Why the Fed’s balance sheet may grow again - on.ft.com/485k0JR via @FT

‘There is no money’: As carbon markets collapse, what happens to the forests they promised to protect? After it was found most offsets did not represent real carbon reductions, the money dried up. But successful schemes such as Kasigau in Kenya now face a stark future

‘There is no money’: As carbon markets collapse, what happens to the forests they promised to protect? www.theguardian.com/environment/...

Thomas Piketty: ‘The left has been a victim of its own success’ The economist on populism, fiscal debt and the long-term trend of economic equality

"I think if Starmer doesn’t move in this direction [towards greater taxation of wealth], it looks as if he’s going to destroy the Labour party even more successfully than Hollande destroyed the French Socialist party, which is setting the standard at a very high level." www.ft.com/content/860f...

The mounting challenges to Fed independence Economists disagree, financial markets do not care, the public are fickle and the Supreme Court is not to be trusted

on.ft.com/4pc0Mcr

The AI bubble has reached its ‘fried chicken’ phase This is nuts. When’s the crash?

on.ft.com/47jTltx

RIP US QT?
Abundant reserves —> ample reserves —> adequate reserves —> 💥 on.ft.com/48QQ3iG

Is it really a bubble? We’ll probably know in five years’ time

on.ft.com/47svt5F

The waning influence of the Federal Reserve It is a good thing that markets no longer hang on the US central bank’s every word

on.ft.com/4qxsDoO

Wealth Gap Risk Register 2025 An online resource that collates evidence about the impacts of wealth inequality, the solutions and public attitudes to all of the above

The wealth gap between rich and poor increased by over 50% from 2011 to 2021, to over £11.5 trillion. Find out more about the impacts on our society, economy, democracy and environment, and what we can do about it, from our updated Wealth Gap Risk Register.

Federal Reserve nears end of QT amid signs of stress in money markets US central bank to begin debate on halting three-year phase of shrinking its balance sheet

Federal Reserve nears end of QT amid signs of stress in money markets - on.ft.com/4qt8QGS via @FT

Argentina, Economic Science and this year's "Nobel" Trump wanted the Peace one, Milei the one in Economics A few random thoughts about some recent news. Today, Javier Milei met with Donald Tru...

nakedkeynesianism.blogspot.com/2025/10/arge...

Overseas renminbi lending surges as China steps up campaign to de-dollarise Beijing’s push will speed moves to multi-polar monetary system, analysts say

Overseas renminbi lending surges as China steps up campaign to de-dollarise - on.ft.com/4hw9Sy4 via @FT

Are we worrying too much about public debt? Aggregate numbers — public or private — are not what should keep you up at night

Yes. on.ft.com/4qpdFks

Cédric Durand, Neo-Schumpeterian — Sidecar On Philippe Aghion.

"Faced with the upheavals of a system [Aghion] struggles to decipher, he twists and turns to preserve the chimera of a utopian capitalism in which inequality is the acceptable upshot of innovation." From @cedricdurand.bsky.social in @newleftreview.bsky.social newleftreview.org/sidecar/post...

The grossly underestimated hedge fund bid for Treasuries yikes

The grossly underestimated hedge fund bid for Treasuries - on.ft.com/3WeX9G7 via @FT

What the call for fiscal headroom reveals Everyone, including the IFS, is agreed that the Chancellor should in the budget create more fiscal headroom than she did previously. Rath...

mainlymacro.blogspot.com/2025/10/what...

Prosperity Through Growth — a not so cunning plan to put Britain back on track A would-be blueprint for Conservative boosterism is a curious collection of old economic ideas

Enjoyable in the same way as a review that absolutely slates the food at an overpriced pretentious restaurant, from @chrisgiles.ft.com on.ft.com/3J8FRHN