Tessera
Folgen

Ingrid Hjertaker

@hjertaker.bsky.social

Political science, central banks, critical macrofinance.

39 Posts1103 Follower705 Folgt
Kieran Healy@kjhealy.co · 4w ago

If students are simply uninterested in the core bargain of a class like this, it’s hard to know what to do. You teach the material because you think it’s important they know it; they don’t give a shit, but want the credential; and the university wants their money. Your main option is “pretend”.

Andrew Heiss@andrew.heiss.phd · 4w ago

woof ≈80% of assignments this summer term have essentially been just raw chatgpt/claude output, including assignments that required designing stuff in illustrator/affinity/canva. The battle is lost for asynchronous online courses.

Rasmus Corlin Christensen@phdskat.org · 2mo ago

Looks like Frederiksen - having resisted for two terms - will also lower the corporate income tax in this new coalition. That means every single Danish PM since Poul Schlüter (1982-93) will have lowered it.

Per A@periferien.bsky.social · 3mo ago

Sykehusdirektører skal ha gratis pendlerbolig og årskort (!) på fly, AK som er sykepleier må betale for ansatteparkering selv når det ikke går kollektivtransport til nysykehuset de har flyttet ut i gokk

Erin Lockwood@erinkaylockwood.bsky.social · 5mo ago

Not to panic, friends. Off-balance-sheet liabilities only ever impact firm balance sheets during crises, such as those triggered by systematically mispriced valuations, faulty risk models, and opaque cross-exposures, so we'll probably be fine.

Alondra Nelson@alondra.bsky.social · 5mo ago

"A gap in US accounting rules allows Big Tech companies to conceal tens of billions of dollars of potential liabilities for their AI data centres, the credit rating agency Moody’s warned... liabilities might not show up anywhere" in the accounting

Jo Michell@jomichell.bsky.social · 6mo ago

If the disease is susceptibility to wealth and power perhaps the treatment is limits on wealth and power. Or are we going to carry on being intensely relaxed about all this?

Tom Pepinsky@tompepinsky.com · 12mo ago

It's so adorable when the research and legal departments of the world's most venerable financial institutions discover the political economy of shitcoins...and press on anyway. papers.ssrn.com/sol3/papers....

JPMorgan in recent months has assigned a team of internal researchers to unearth legal documents related to the era of so-called wildcat banking from two centuries ago. In that era, hundreds of state-chartered banks issued their own currencies. JPMorgan’s researchers were looking into whether some of those dormant laws applied to the bank’s plan to create its own stablecoin today. They uncovered something else, though. In the wildcat era, fraud and bank failures ruled. That tumult was fixed only by the creation of the first U.S. National Bank note, a predecessor to the modern U.S. dollar. It was issued only by official national chartered banks — one of which was the precursor to JPMorgan Chase.
Tom Pepinsky@tompepinsky.com · 12mo ago

What's going on here? Well, let me tell you a little story. You can make a lot of money by avoiding traditional banking and all its regulations and restrictions. You can do all sorts of new transactions, invest in new speculative assets, without the pesky challenge of federal deposit insurance.

Hanne Østli Jakobsen@hannejakobsen.bsky.social · last yr.

Verdt å lese Tooze når man tenker på fantasillionene. Europa bruker sjukt mye spenn på forsvar. Det er bare på dumme måter on.ft.com/4ef96nn

The emperor has no tanks

Europe doesn’t need more spending to transform its moribund armed forces — it needs more co-operation across borders

on.ft.com

Hanne Østli Jakobsen@hannejakobsen.bsky.social · last yr.

Så vidt jeg kan skjønne er 5 pros av norsk BNP rundt 260 milliarder kroner? Som er det vi skal bruke på forsvar i 2035. Hele spesialisthelsetjenesten kosta 153,5 milliarder i 2020. Fra en som er frisk og i live fordi vi har sjukt bra kreftbehandling: føkk.

Mark Copelovitch@mcopelov.bsky.social · last yr.

Again, the real reason investors are not shifting away from 🇺🇸/the dollar is <math>. There is no place for everyone, in the aggregate, to go. There simply are not enough non-dollar safe assets. There <could> be. But we're talking <years> and huge policy reform, not months: bsky.app/profile/mcop...

BildBild
Financial Times@financialtimes.com · last yr.

Any tidal shift of investors away from the US will take time https://on.ft.com/4lhFMPs | opinion

Mark Copelovitch@mcopelov.bsky.social · last yr.

I’m sorry that economists don’t read or cite other disciplines & feel like they can “discover” new topics without reading the existing literature - something they would never tolerate in the other direction. But there are huge piles of books & articles about “geoeconomics” in IPE since the 1970s.

BildBildBildBild
Ingrid Hjertaker@hjertaker.bsky.social · last yr.

Veldig god tråd frå EU-forskar og EU-entusiast om kvifor det kan vere klokare å legge det nye militære samarbeidet i Europa utanfor EU. Trur særleg poenga om veto-dynamikker i EU, og det at vi treng få med UK (med sin militære- og etterretningskapasitet) er viktige.

Christopher Wratil 🇺🇦 #StandWithUkraine@chriswratil.bsky.social · last yr.

With Macron calling an intergovernmental summit in Paris tomorrow, many wonder what is best institutional venue to discuss Europe's response to biggest security crisis since 1945. Here are 8 reasons why intergovernmental route is crucial now instead of relying on 🇪🇺 & Brussels institutions. 🧵👇 1/10

Beth Popp Berman@epopppp.bsky.social · 2y ago

I want to spell out the basic reason it’s so dangerous for Elon to have control of the U.S. payments system. It may seem like a technical matter, but the dynamics are simple. 1/x

Elon Musk’s Team Now Has Access to Treasury’s Payments System

Treasury Secretary Scott Bessent gave Mr. Musk’s representatives at the so-called Department of Government Efficiency a powerful tool to monitor and potentially limit government spending.

nytimes.com

Katie Martin@katie0martin.ft.com · 2y ago

The one where @bhgreeley.bsky.social bodies the Nobel "This year the Riksbank awarded its prize to a treatment of early modern institutions so selective it functions as a bedtime story for capitalists. The good institutions produced prosperity. The bad ones produced misery." on.ft.com/4f844Iv

The Nobel for Econsplaining

Acemoglu, Johnson and Robinson won a prize for applying economics to the very things economics is inherently bad at figuring out

on.ft.com