Benjamin Braun
banner
benbraun.bsky.social
Benjamin Braun
@benbraun.bsky.social

Political economist @ LSE | Finance, central banking & more | benjaminbraun.org

Economics 77%
Political science 12%
Pinned
🚨New article🚨 The consensus is that contestation pushed central banks to talk 𝘮𝘰𝘳𝘦 about inequality & climate.

Our theory: At first, CBs seek to ward off politicization by talking 𝘭𝘦𝘴𝘴 about controversial topics.

We tested this 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐬𝐢𝐥𝐞𝐧𝐜𝐞 𝐡𝐲𝐩𝐨𝐭𝐡𝐞𝐬𝐢𝐬.🧵
onlinelibrary.wiley.com/doi/10.1111/...

Wild.

"Drawing on newly unsealed archival material, this article demonstrates that the book's central claims are false, and that the authors knew they were false. ... the group actively proselytized well before the prophecy failed and quickly abandoned their beliefs afterward."

Was too good to be true.
"In 1954, Dorothy Martin predicted an apocalyptic flood and promised her followers rescue by flying saucers. When neither arrived, she recanted, her group dissolved, and efforts to proselytize ceased. But When Prophecy Fails (1956), the now-canonical account of the event, claimed the opposite..."
Debunking “When Prophecy Fails”
In 1954, Dorothy Martin predicted an apocalyptic flood and promised her followers rescue by flying saucers. When neither arrived, she recanted, her group dissolved, and efforts to proselytize ceased....
onlinelibrary.wiley.com

Reposted by Benjamin Braun

"In 1954, Dorothy Martin predicted an apocalyptic flood and promised her followers rescue by flying saucers. When neither arrived, she recanted, her group dissolved, and efforts to proselytize ceased. But When Prophecy Fails (1956), the now-canonical account of the event, claimed the opposite..."
Debunking “When Prophecy Fails”
In 1954, Dorothy Martin predicted an apocalyptic flood and promised her followers rescue by flying saucers. When neither arrived, she recanted, her group dissolved, and efforts to proselytize ceased....
onlinelibrary.wiley.com

Reposted by Aurélien Mondon

“The trouble is, there’s an alliance between Treasury officials and ideologues on the left” is the saddest Labour mandarin quote I’ve ever read. Just how lost are these people?

Reposted by Benjamin Braun

Any deets as to how the Valuation Office will be implementing their "targeted valuation exercise"? Buying Zoopla guesstimates and then driving around? Something else?
www.gov.uk/government/p...
In light of record submission rates and a large volume of AI-generated slop, SocArXiv recently implemented a policy requiring ORCIDs linked in the OSF profile of submitting authors, and narrowing our focus to social science subjects. Today we are taking two more steps:
/1

Reposted by Benjamin Braun

(3) Dorothee Bohle and Lina Ehrich discuss the housing agenda of the radical right. Their analysis reveals how radical right parties attempt to reconcile housing affordability with their broader ideological commitments, including their stance on immigration, nationalism and the patrimonial family.
With the Progressive Politics Research Network, we have published 8 new research briefs on the politics of housing. What does a progressive agenda on housing look like? Which elements are important? What the hurdles are and how can they be overcome?
politicscentre.nuffield.ox.ac.uk/progressive-...

Reposted by Benjamin Braun

I recommend @benbraun.bsky.social's Exit, Control, and Politics to anyone who hasn't been following this day-to-day.

"the largest asset managers are engaged in a multilevel game that, besides corporate governance, also comprises regulatory politics and the market for asset management services"
Exit, Control, and Politics: Structural Power and Corporate Governance under Asset Manager Capitalism* - Benjamin Braun, 2022
The power of finance vis-à-vis the nonfinancial sector is changing. Macroeconomic developments and financial innovations have reduced financial actors’ exit opt...
journals.sagepub.com
Leave BlackRock alone -- they just want to take the politics out of pensions! 🙄

www.bloomberg.com/news/article...

Reposted by Benjamin Braun

🟢💶🌐 New Böll EU Brief "Green euro rising: Positioning the euro as the world’s green currency", by @apsmolenska.bsky.social & @jvtk.bsky.social 👉 eu.boell.org/en/green-eur...
🧵👇
@boell.de @janalbrecht.bsky.social @antonmoeller.bsky.social @rasmusandresen.bsky.social @baseickhout.bsky.social
"Around Europe, labor parties have alienated their base by forming grand coalitions with the center-right . In Denmark, Mette Frederiksen’s Social Democrats have pursued this strategy with the same dismal results."

From my analysis Jacobin on the state of Danish politics after the local elections
In Denmark, Social Democracy Is Failing
Around Europe, old labor parties have alienated their base by forming grand coalitions with center-right forces. In Denmark, Mette Frederiksen’s Social Democrats have pursued this same strategy with t...
jacobin.com

That’s nothing: Where I’m from, “junior scholar” lasts to 42.

Reposted by Benjamin Braun

Adolescence lasts to 32, say brain scientists
Adolescence lasts to 32, say brain scientists
www.thetimes.com
My pre-budget take for the LSE Politics blog is up:

Labour are unable to articulate any vision or sense of purpose.

Much of the left has convinced itself that government spending can be maintained without broad-based tax increases.

Not a great budget backdrop.

blogs.lse.ac.uk/politicsandp...
Wealth tax and looser fiscal rules won’t save the Budget | British Politics and Policy at LSE
The narrative on the left that a wealth tax and looser fiscal rules would solve the Chancellor's 2025 Budget headaches has got out of hand.
blogs.lse.ac.uk
🚨 LSE Assistant Professor in Political Science 🚨

We’re hiring a tenure-track assistant professor - any area of empirical political science - to join our wonderful Government Dept @lsegovernment.bsky.social

Any questions, please reach out to me

📣 Please share! 📣

jobs.lse.ac.uk/Vacancies/W/...
Honored to serve on Mayor-elect @zohrankmamdani.bsky.social Transition Committee on Technology. For too long, too many New Yorkers have been left behind. NYC deserves governance that centers affordability, equity, and the public good-looking forward to the work ahead. www.cbsnews.com/newyork/news...
NYC Mayor-elect Zohran Mamdani announces transition committees
New York City Mayor-elect Zohran Mamdani​ announced Monday the creation of 17 transition advisory committees made up of more than 400 people.
www.cbsnews.com
Everything about this might be the saddest thing I’ve ever seen

Reposted by John Hogan

The story of Rockefeller bankrolling the establishment of the University of Chicago is fascinating (he paid for everything). He generally abstained from meddling but somewhow the one guy who got fired was a political economists who advocated for ... public ownership of the energy infrastructure.

Reposted by Benjamin Braun

you’ll never believe the newest meme pair for “Find someone who looks at you like…”
TRUMP [after spending 5 minutes with Zohran]: surplus value, it’s a very wonderful thing, very wonderful, and they’re stealing it. Can you believe that?

We’re going to be looking very strongly at the bourgeoisie, what they’re up to
One thing I absolutely love in central bank rhetorics: declare a boundary, then elegantly step right over it.

Here's Richard W. Fisher (Federal Reserve Bank of Dallas) on Obama's 2008 fiscal package