1/ The purpose of green industrial policy has inverted. It used to pay for a public good: clean energy that cost more, benefiting everyone. Now it captures advantages a country keeps for itself. That shift, from a shared cost to a prize seized, is the story of the transition.
Zsofi Barta
@bartazsofi.bsky.social
Political Economist; Sciences Po; previously UAlbany; Author of "In the Red: The Politics of Public Debt" (Michigan 2018) and "Rating Politics" (OUP 2023)
Just saw that the first piece from our special issue is already out: Factions of asset-based capitalism: a historical typology, by @melindacooper.bsky.social See here: www.tandfonline.com/doi/full/10.... Will write a thread on the SI and each of the papers once they're all out!
Incredibly happy and relieved that our special issue Asset Struggles co-edited with @theobourgeron.bsky.social is now accepted for publication at NPE! More on the issue soon. For now: a heartfelt thank you to everyone who has been involved in this over the past few years – you are the best!
New State of the Art article in @sasemeeting.bsky.social with @mathiaslarsen.bsky.social. States, markets, and decarbonization are colliding in ways that political economy is only just beginning to map. This article is our map. doi.org/10.1093/ser/...
Europe is obsessed with Chinese industrial domination. But the more seriously I take the "China is winning" argument, the less sense China's endgame seems to make If European industry collapses, demand for Chinese exports collapses with it. My latest: brettoninthewoods.substack.com/p/chinas-gro...
China's Growth Model Has No Endgame
The European debate about China is obsessed with production. It spends remarkably little time thinking about demand.
brettoninthewoods.substack.com
On the political economy of memes from a brilliant colleague! www.tandfonline.com/doi/full/10....
Making sense of memes: how to study distributed knowledge as lay economics
Internet memes are increasingly recognized as part of political discourse, yet there is no consensus on how to study them. Much existing scholarship has focused on impact – debating whether memes f...
tandfonline.com
There's a global race to secure EV battery gigafactories & reduce reliance on China. But not all clean-tech projects are created equal. Some generate good jobs & domestic capacities, others produce ecological harm & low value-added enclaves. New paper & thread 👇 www.tandfonline.com/doi/full/10....
Publication alert! 🔔 My new article in @ripejournal.bsky.social shows that the way in which credit ratings assess climate risks is detrimental to chances of the green transition. www.tandfonline.com/eprint/DEWKJ... 1/n 🧵
Tragedy of the horizon on steroids: the green transition and credit ratings
How do financial markets influence the green transition? Advocates of harnessing markets to foster the green transition claimed that market rationality is a reliable mechanism to channel investment...
tandfonline.com
Pleased to finally publish this paper with Mareike Beck on the epistemic origins of the 2022 gilt market crisis in @jeppjournal.bsky.social How can we explain the limited regulatory response to the increasing systemic risk of LDI strategies in UK pensions? 1/n 🧵 doi.org/10.1080/1350...
pleased to announce the merger of @erikpeinert.bsky.social (antitrust) and my (corporate organization / franchise) interests in a paper on what the end of regulation banning vertical restraints meant for the US political economy = not good ! academic.oup.com/ser/advance-...
Strong Intellectual Property and Weak Antitrust: How the End of Vertical Restraints Fissured the US Political Economy
Abstract. What explains rising inequality after 1980? Explanations describing immediate causes, like skill-biased technological change, financialization, o
academic.oup.com
@palmapolyak.bsky.social ’s work on EU battery policy is electrifying! No, seriously it is the best stuff you can read on this sector.
📣 Publication day! The first paper from my project on Europe’s EV battery roll-out is finally out I unpack how the EU’s EV battery boom is entangled with sacrifice zones—investment in Serbia & Hungary de-risked through autocracy. www.cogitatiopress.com/politicsandg...
Happy to listen and learn from Brian Greenhill on Trump's withdrawal from dozens of international organizations last week, @goodauth.bsky.social . Part of what Brian calls the liberal international order's "moment of crisis." goodauthority.org/news/trump-p...
Trump plans to pull the U.S. out of dozens of organizations
Trump plans to pull the U.S. out of dozens of organizations. Brian Greenhill discusses the impact of this move – and how Americans see international organizations.
goodauthority.org
Incredibly instructive reporting on what appears well on its way to becoming the biggest, most concentrated, most energy- and resource-intensive, and most speculative wave of capital investment ever. ig.ft.com/ai-data-cent...
The independence of the Bank of England was supposed to facilitate the application of economic reasoning to public policy. But if independence=taboo on discussing the interactions btw fiscal & monetary policy, then not even technocrats deliberate on one of the biggest economic policy issues!
IMHO, Murphy's very sloppy. But UK fiscal policy since QE/QT amounts to MMT that dare not speak its name. Viz:Osborne et al spent ~£120 bln of the money created to purchase gilts in QE. Too much monetisation-financed fiscal spending, or too little? MMT could at least pose the question! As for QT 1/n
I am very happy to report that my article on the strange non-death of credit rating agencies has been published in New Political Economy. www.tandfonline.com/doi/full/10.....
My book is out today! Read my stuff! academic.oup.com/book/60584?l... … The book looks at the long-run evolution of policy around monopoly and competition in the US and France over the 20th century, using extensive archival research to track the main policy actors who changed it at key moments.
Monopoly Politics: Competition and Learning in the Evolution of Policy Regimes
Abstract. Motivated by the contemporary extremes of monopoly power in the United States and globally, this book uses an in-depth comparison of the United S
academic.oup.com
OK, I finally gave in. I'm here. Now to migrate a bunch of users.
We highlight three own goals of failed internationalization: 1. Non-existent euro value chains locked the EU into disastrous dollar denominated fossil fuel imports 2. Wavering and weak ECB swap line policies (limited, conditional, unattractive) 3. That rare beast “a euro denominated safe asset”
Fantastic piece on one of (the many) ways in which the EU has been punching well below its weight.
Why does the largest trading bloc on the planet have a miniature-sized currency? With Trump, the EU will again much regret this. 🎈In a new working paper, @steffenmurau.bsky.social and I set out to theorise failure and develop a new IPE perspective that foregrounds offshore money. A thread 🧵
📣 Roundtable Book Presentation of @jrovny.bsky.social - Ethnic Minorities, Political Competition, and Democracy: Circumstantial Liberals w/@sciencespo.bsky.social School of Public Affairs 📅 5 Feb. 5-7 pm 📍Sciences Po Registration & Information⤵️ www.sciencespo.fr/centre-etude...
Roundtable - Book Presentation of Jan Rovny (Sciences Po, CEE)
Presentation of Jan Rovny's new book - Ethnic Minorities, Political Competition, and Democracy: Circumstantial Liberals in France
eventbrite.fr
🚨 Tax evasion is not a law of nature. It is a policy choice. Last year, we published our first Global #TaxEvasionReport, an unprecedented research collaboration investigating the successes and failures of the fight against tax evasion over the last decade. 📄 www.taxobservatory.eu/publication/...
Stamattina è uscito sul Fatto Quotidiano questo mio pezzo in cui commento l'approvazione della Commissione Europea del budget francese. La Commissione sembra sempre soprassedere sulle violazioni francesi dei target, anche grazie alla capacità dei tecnici francesi nel dialogo con la Commissione
“Perché la Francia è la Francia”: l’Ue e i conti pubblici di Parigi - Il Fatto Quotidiano
Negli ultimi giorni, il governo francese ha sorprendentemente ottenuto l’approvazione dei propri piani di spesa da parte di Bruxelles. L’esecutivo, recentemente insediato e guidato dal primo ministro ...
ilfattoquotidiano.it
Since the 1970s, advanced economies have reduced top income tax rates a lot. In the same period, these economies have become more financialized. In a new paper @ripejournal.bsky.social, David Hope, @julianlimberg.bsky.social and I argue that these developments may be related: doi.org/10.1080/0969...
Taxes on top incomes and financialisation
Financialisation is one of the most prominent economic developments of the past half century in the advanced democracies. While the existing literature focuses on financial deregulation and liberal...
doi.org
Just published, open access, another paper with @donatodc.bsky.social and Martin Höpner @mpifg.bsky.social journals.sagepub.com/doi/10.1177/...
Shielding competitiveness: Germany’s wage policy during the inflation shock years in comparative perspective - Martin Höpner, Donato Di Carlo, Anke Hassel, 2024
We analyse wage developments in Germany during the inflation shock years of 2021–2023 from three perspectives: cost of living, supply-side cost pressure, and re...
journals.sagepub.com
(R)IPE rocks! 🎉 No time for complacency, but thrilled to share these promising updates as we kick off the New Year! Huge thanks to all past and present editorial boards, reviewers, and the incredible IPE community for making this possible @ripejournal.bsky.social
As we enter the New Year, RIPE editors have some good news to report!!! Our editors are: @juanitamarieelias.bsky.social @hozic.bsky.social Alison Johnston @skostem.bsky.social @manuelamoschella.bsky.social @stefanoponte.bsky.social @kevinyoung.bsky.social and Hongying Wang doi.org/10.1080/0969...
Very cool project!!
When states are not good at industrial policy it is municipalities that can develop that muscle. And not just city states, but cities of 500k as well if they have what it takes. New article in Competition and Change with @Medve-Balint and @Clara Volintiru journals.sagepub.com/eprint/T56CA...
🚨Job Alert🚨 We are seeking to recruit not only 1, but 2⃣ tenure-track Assistant Professors in political science (Politics and policy in/of Europe and the European Union) Description and application guidelines: sciencespo.fr/centre-etude... #AcademicJobs #PolSci
Recruitment 'Assistant Professor (tenure track)'
Recruitment 2024 /2025 - Sciences Po is recruiting two Assistant Professors (tenure track) in political science / Politics and policy in/of Europe and the European Union
sciencespo.fr
My book, Inequality, Crime, and Resistance in New York City, published by @TempleUnivPress is now available for pre-order with a 25% discount. If you’re interested in using it for a course, I’d be very happy to pop into a class to discuss with students. tupress.temple.edu/books/inequa...
Short and sweet case study of how ill equipped financial markets are to account for climate related risks.
It's been a while since you've seen a picture of a Lehman employee carrying a box of office supplies out into the street - wait no more! susanpcrawford.substack.com/p/why-rising...
Indicative planning can mitigate the climate crisis. But under capitalism it only happens when the stakes are sky-high: wars, energy crises, post-war rubble. Jacob Hasselbalch and I took a dive in the topic. #GreenState #PoliticalEconomy #ClimateAction www.tandfonline.com/doi/full/10....
Green economic planning for rapid decarbonisation
Sustainable futures require deep social and economic transformations to address climate change adequately. The current landscape of intergovernmental and market-based coordination is not delivering...
tandfonline.com
Interesting new paper from @cornelban.bsky.social and @jhasselbalch.bsky.social in New Political Economy. Happy to see more work on indicative planning and to see the planning research agenda develop in general. tandfonline.com/doi/full/10....