Daniela Gabor
@danielagabor.bsky.social
9.2K followers 310 following 1.2K posts
Economics 83%
Political science 7%
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Reposted by Daniela Gabor

danielagabor.bsky.social
thanks everyone, I have now solved the mystery, eduroam (uni wifi) blocks access to bitcoin websites to encourage focus on learning :)

danielagabor.bsky.social
ha, not even, trying to check the market cap of the trump stablecoin

danielagabor.bsky.social
hmm, how did I develop this particular problem is beyond me...

Reposted by Daniela Gabor

Reposted by Steve Keen

Reposted by Steve Keen

danielagabor.bsky.social
an alien species looking back to our end of times, and notice that in the year of the most gigantic (AI) bubble to ever inflate, the powers that be gave the Nobel to the most insipid theory of technological change and growth in economics

danielagabor.bsky.social
we could call them closeted marxists for hiding technology into a Cobb Douglas production function but amazing choice to Nobel endogenous growth theories again, after Paul Romer's 2018 prize and in an age of rapid tech change that cannot be explained even remotely by these theories

danielagabor.bsky.social
amazingly, it's neither the father of mainstream macro, nor the random forests econometrician.

Reposted by Prokla Redaktion

danielagabor.bsky.social
giving the econ non Nobel to a (former) IMF shock therapist would crown this year's 'it's a conservative world' Nobel vibe

danielagabor.bsky.social
God give me the confidence of an Argentinian (central banker) - here the bold claim that central bank independence would have saved Argentina from the Peronists and international financial subordination.

www.ft.com/content/9cdb...
Lessons for the Fed from my time at the helm of Argentina’s central bank
As I learnt to my cost, attacks on the independence of the institution never end well
www.ft.com
benbraun.bsky.social
If profits shape the energy transition we need to understand the biggest profit event this century: the 2022 oil and gas price spike.

Very happy our paper is now out in Energy Research & Social Science. Thread by lead-author @gregorsemieniuk.bsky.social 👇
gregorsemieniuk.bsky.social
🚨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...
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.
gregorsemieniuk.bsky.social
🚨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...
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.

Reposted by Daniela Gabor

Reposted by Alex Callinicos