jpfaguet.bsky.social
@jpfaguet.bsky.social
LSE Professor of the Political Economy of Development. Author. Opinions my own.
The fish rotting from the head. NYTimes www.nytimes.com/2026/07/16/t...
White House Teleprompter Operator Bet on Trump Speeches, Kalshi Says
A technical assistant to President Trump won around $100,000, according to the prediction market, which flagged the activity to the federal government.
nytimes.com
Hey Don, can you petition FIFA to switch to golf rules so US goes through instead of Belgium? That FIFA rule let's them do anything they want.
“We *are* remaking the region,” Chuck Freilich, a former Israeli defense official. Iran came out stronger and is now the regional hegemon. They stood up to the U.S. They have missiles. We'll talk about nuclear later. This is Iran defeating U.S. & Israel. www.nytimes.com/2026/06/18/w...
Israel, Stunned by Trump’s Iran Deal, Sees It as a ‘Catastrophic Capitulation’
nytimes.com
Have a leadership contest! But a civil one focused on policy. 2 smart Labour guys who care about the country. Burnham will win and so will Labour. A win, not a stitch-up. And good policy ideas might also emerge. www.theguardian.com/politics/liv...
Makerfield byelection: Burnham’s decisive win sharpens threat to Starmer’s leadership – UK politics live
Burnham hails a ‘turning point’ for the country after a resounding victory over Reform UK and Restore that may force prime minister Keir Starmer to step aside
theguardian.com
Serious contender for Most Stupid Trump Policy, a competitive category: www.nytimes.com/2026/06/17/c...
Trump Administration to Pay $765 Million to Cancel 4 More Wind Projects
nytimes.com
First Putin failed, then Trump failed. Both made their countries look foolish and weak. www.nytimes.com/2026/06/14/w...
Deadlocked Wars: How Major Powers Misread the Regions They Attacked
nytimes.com
“Clearly our economy is designed to create a handful of billionaires and a trillionaire,” Ms Boushey said. “It is no longer about creating opportunity and stability for the majority.” www.nytimes.com/2026/06/13/b...
Wages Are Falling. Wealth Is Surging. No Wonder Americans Are Unhappy.
nytimes.com
On Tuesday, Prof @jpfaguet.bsky.social delivered a keynote to Bolivian policymakers on the proposed Agenda 50/50—an ambitious reform to devolve 50% of the national budget to subnational governments. 👉Find out more: www.lse.ac.uk/internationa...
Professor Jean-Paul Faguet contributes to Bolivia’s Agenda 50/50 discussions
Professor Jean-Paul Faguet delivered a keynote address to a high-level group of Bolivian policymakers and technical experts as part of national discussions on the government’s proposed “Agenda 50/50”.
lse.ac.uk
Interesting: How Britain could afford to pay for war - www.ft.com/content/5de5... via @FT
How Britain could afford to pay for war
Keynes’s 1940 financing plan contains lessons for the current government
ft.com
Sensible, as always: A ‘big bang’ reversal of Brexit is both unrealistic and unnecessary - www.ft.com/content/1d69... via @FT
A ‘big bang’ reversal of Brexit is both unrealistic and unnecessary
Going back would create some big new problems but Switzerland provides an alternative model
ft.com
Forget Thucydides. It's the Nero trap. Trump’s empire of debt - www.ft.com/content/cd81... via @FT
Trump’s empire of debt
This century the US has embarked on wars of choice and borrowed more to pay for them. That might not end well
ft.com
This is excellent! Really insightful. www.nytimes.com/2026/05/18/w...
Actually, Democracy Dies in H.R.
nytimes.com
This is good. Artfully selects the more important facts and arranges them in a revealing way. www.nytimes.com/2026/05/20/w...
How Iran Gained Leverage in the War
nytimes.com
This is beautiful. We are a trivial species. www.nytimes.com/2026/05/19/b...
Book on Truth in the Age of A.I. Contains Quotes Made Up by A.I.
nytimes.com
“At this turning point in history,” the authors wrote, “what we hear is the heavy and haunting toll of an empire’s evening bell.” www.nytimes.com/2026/05/12/b...
China Increasingly Views Trump’s America as an Empire in Decline
nytimes.com
The story of the Spanish in 1500s South America is extreme. Would have to be to spawn something as twisted as the encomienda, which enslaved & oppressed millions, but also led to better economic, human and institutional development outcomes. How? Our @voxdev.bsky.social piece explains:
VoxDev@voxdev.bsky.social · 3mo ago🆕 How the encomienda shaped Colombia's long-run development Today on VoxDev, Jean-Paul Faguet (LSE Department of International Development) & Fabio Sánchez (Universidad de los Andes) discuss how extractive institutions shaped development in Colombia: https://ow.ly/X3h650YUUCV
I love the institutions & development literature. Been teaching it to my LSE students since AJR's original colonial origins paper. But what do we make of Dell and Olken's Java findings? How do we integrate the macro with the micro? This article is our attempt.
VoxDev@voxdev.bsky.social · 3mo ago🆕 Understanding development in the long run Today on VoxDev, Jean-Paul Faguet (@lseid.bsky.social) & Fabio Sánchez (Universidad de los Andes) challenge the consensus that extractive institutions always harm long-run development: voxdev.org/topic/instit...
UK voters dislike all party leaders. No one has + net approval. Brits vote for who's least odious? From @data.ft.com
Really expensive, but fabulous results so far so totally worth it! www.nytimes.com/2026/04/29/u...
Pentagon Puts Iran War Cost at $25 Billion as Hegseth Berates Skeptics
nytimes.com
www.nytimes.com/video/us/pol...
Video: How the War in Iran Is Draining the U.S. of Critical Weapons
The United States has blown through weapons as the cost of the war in Iran has hit nearly $1 billion a day. Our national security correspondent Eric Schmitt explains how American costs may go beyond t...
nytimes.com
This is good! Sees straight through the noise. @jonathanfreedland.bsky.social www.theguardian.com/commentisfre...
It’s no surprise Trump has met his match in Pope Leo – the US president represents the polar opposite of Christianity | Jonathan Freedland
Name the deadliest of sins – cruelty, deceit, avarice – and Trump will both exhibit them and celebrate them, says Guardian columnist Jonathan Freedland
theguardian.com
My friend Nick: "It’s disheartening, though, that all the anti-democratic, anti-American, malicious, corrupt, and stupid things Trump has done weren’t enough to sour his supporters. But the f****** price of gas just might be." www.nytimes.com/2026/04/23/u...
Disapproval of Trump Hits Highest Level of His Second Term
nytimes.com
Thank you Corresponsales en Línea for a stimulating conversation Sunday on the Iran War’s effects on the world economy. Difficult questions! Piece begins at the first arrow (minute 14:34): radiocut.fm/radiostation... En español, por su puesto.
La Once Diez
AM 1110.0
radiocut.fm
This is a wonderful paper! A nuanced, highly sophisticated analysis of a crucial period in Chile's history. See also other papers in this Special Issue on Complexity in Institutional Reform here: www.sciencedirect.com/special-issu...
World Development | Complexity in Institutional Reform | ScienceDirect.com by Elsevier
Why is there so much institutional reform in the world? This is a deep conundrum that is little acknowledged and less understood. Why are senior politicians so eager to change their institutions? Domi...
sciencedirect.com
Michael Albertus@mikealbertus.bsky.social · last yr.Excited to share a new article! Why Do Elites Sometimes Undo Their Own Constitutional Privileges? With Victor Menaldo and Jorge Rojas-Vallejos at World Development www.sciencedirect.com/science/arti...
Our encomienda paper is now out at the @theeconjournal.bsky.social! Ten years of hard work. Alternatively, 10 years spent trying to break down results that withstood everything we & others threw at them. Thank you Fabio, Camilo, Diego & Laura! academic.oup.com/ej/advance-a...
Encomienda, The Colonial State and Long-Run Development in Colombia
Abstract. The Spanish encomienda, a colonial forced-labour institution that lasted three centuries, killed many indigenous people and caused others to flee
academic.oup.com
