One of the most comprehensive takes you’ll find on Kevin Warsh! Essential reading

Will Bateman@wabateman.bsky.social · 6mo ago

Some thoughts on Warsh's plans and his exposure to Trumpism

📣 New #openaccess #BJPIR article out now! 'Why the Fed and ECB parted ways on climate change: The politics of divergence in the global central banking community' by @monicadileo.bsky.social, @glennrudebusch.bsky.social & @jvtk.bsky.social 🔗 buff.ly/hF3lr0B @polstudiesassoc.bsky.social

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Happy to share that my next book 'The Fiscal Fed' will be published by University of Chicago Press in Fall 2026! Cover design pending: happy to share this beautiful poster from the Harvard Law and Political Economy Project (2023).

Why do global environmental institutions multiply and persist even when they seem unable to address biodiversity loss and environmental governance failures effectively? Our new OA article with @jacquelinebest.bsky.social in @risjnl.bsky.social tries to answer this question. 1/7 cup.org/4hZNlcX

New report out now with @granthamlse.bsky.social CETEx: "A framework for central banks navigating political uncertainty in the transition" cetex.org/publications...

A framework for central banks navigating political uncertainty in the transition - CETEx

This report recommends three principles for coping with the political uncertainty faced by central bankers.

cetex.org

How do political institutions shape today’s wave of economic interventionism? 🇺🇸 vs 🇪🇺 Find out in our new article just out in @govjournal.bsky.social onlinelibrary.wiley.com/doi/full/10.... @donatodc.bsky.social

What's in a Polity? Political Institutions and Varieties of Economic Interventionism in the United States and the European Union

This article examines the political foundations of industrial policy amid the return of state economic interventionism. Comparing the United States' Inflation Reduction Act (IRA) and the European Uni...

onlinelibrary.wiley.com

Governance Journal@govjournal.bsky.social · 10mo ago

New original article: What's in a Polity? Political Institutions and Varieties of Economic Interventionism in the United States and the European Union From: @donatodc.bsky.social, Lorenzo Moretti, and @manuelamoschella.bsky.social #polisky #PAsky onlinelibrary.wiley.com/doi/full/10....

NEW PUBLICATION - The Great Dane @mathiaslarsen.bsky.social Larsen and I review the differing concepts of state-led approaches to the green transition over the past two decades. We attempt to provide some conceptual coherence to the debate. The article is Open Access.

Mathias Larsen@mathiaslarsen.bsky.social · 11mo ago

New article with @james7jackson.bsky.social out in Competition & Change: The green versus environmental state: Reviewing two decades of conceptualizing state-led approaches journals.sagepub.com/doi/10.1177/...

Migrating birds, selective blindness, strategic skepticism, weaponized uncertainty – this paper has it all. Do give it a read, it's excellent work.

Jérôme Deyris@jdeyris.bsky.social · 11mo ago

🚨 New paper accepted in @JCMS_journal! 🚨 "Central bankers as migrating birds: How inflation shapes the rhetorical strategies of doves and hawks" With Bart Stellinga and Matthias Thiemann Paper: doi.org/10.1111/jcms... Blog: lnkd.in/eNAm9NzA

Since the start of von der Leyen's second mandate, EU sustainable finance norms face intense dismantling pressures. My new @JEPP article shows this started years ago when the fossil fuel industry “woke up” to the EU Taxonomy. 🧵 #EUTaxonomy #SustainableFinance👇 1/10

🚨 New paper accepted in @JCMS_journal! 🚨 "Central bankers as migrating birds: How inflation shapes the rhetorical strategies of doves and hawks" With Bart Stellinga and Matthias Thiemann Paper: doi.org/10.1111/jcms... Blog: lnkd.in/eNAm9NzA

Central Bankers as Migrating Birds: How Inflation Shapes the Rhetorical Strategies of Doves and Hawks

The Eurosystem is built on a compelling promise: shielded from national politics, ECB Governing Council members would be better positioned to deploy their science-based expertise. Far from embodying ...

doi.org

🚨 Very happy to announce that our paper "Warning words in a warming world: Central bank communication and climate change" has been accepted in the European Economic Review! Open access here: doi.org/10.1016/j.eu... With @emacampiglio.bsky.social @davideromelli.bsky.social and Ginevra Scalisi

Jérôme Deyris@jdeyris.bsky.social · 2y ago

1/15 I am very excited that our paper "Warning words in a warming world: Central bank communication and climate change" with Emanuele Campiglio, @davideromelli.bsky.social and Ginevra Scalisi is available as a working paper! 🧵 below, with a surprise! www.lse.ac.uk/granthaminst...

Is the climate strategy behind the IRA dead after the GOP's massive cuts to its clean energy subsidies? In my new piece for @foreignaffairs.com, I argue: No! www.foreignaffairs.com/united-state...

Climate Policy Is Still Good for Business

The green transition will survive cuts to U.S. subsidies.

foreignaffairs.com

🚨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/...

Enabled by institutional capacity & aligned political and technocratic priorities, the People’s Bank of China has led on green central banking. It: acted early; addresses broad environmental issues beyond climate; promotes green investment, not just prudential policies. doi.org/10.1080/1356...

A less reluctant (green) Atlas? Explaining the People’s Bank of China’s distinctive environmental shift

Why did the Chinese central bank embrace environmental policies earlier than Western central banks and with a consistent focus on a wider range of environmental issues and more ambitious promotiona...

doi.org

New! Public opinion foundations of the clean energy transition by Alexander F. Gazmararian, Matto Mildenberger & Dustin Tingley. This review article clarifies how public opinion's role in the clean energy transition, & charts priorities for future research. doi.org/10.1080/0964...

🚨New Publication 🚨 in New Political Economy with the one and only@mathiaslarsen.bsky.social. We propose the term 'Green Financial Planning' to tie together many of the terms in political economy at the moment, and demonstrate that green finance is much more than a few loans/bonds with green names

Mathias Larsen@mathiaslarsen.bsky.social · last yr.

‪New article out in New Political Economy! My co-author, @james7jackson.bsky.social, and I propose the concept of 'green financial planning' to capture how the Paris Agreement presents a state-capital relationship around planning. www.tandfonline.com/doi/full/10....

This Wednesday at QMUL - @aargatsbmatqmul.bsky.social hosts 'Transforming Central Banking in the Ecological Crisis: intersecting perspectives from political economy and accounting'. Register and share: www.tickettailor.com/events/queen...

Brilliant (and scary) analysis

Benjamin Braun@benbraun.eurosky.social · last yr.

We wrote about the US ruling class taking the reins to manage its own decline. What do the Trumpist factions of capital want? Can that be squared with the interests of the MAGA base? Capable state managers could potentially thread the needle, but that's all gone. With @cedricdurand.bsky.social.

New (open access!) paper out now with Eric Helleiner and Hongying Wang in New Political Economy: "A less reluctant (green) Atlas? Explaining the People’s Bank of China’s distinctive environmental shift" 1/ A brief thread 🧵 doi.org/10.1080/1356...

If you’ll be on London on June 4, check out this great event (I’ll be there speaking on central banking!)

Nick Taylor@ntaylor.bsky.social · last yr.

🗣️ Join us at Queen Mary on 4th June for an event on transforming central banking in the ecological crisis. The event brings together political economists, accountants, policy experts & more to explore the challenges. All welcome! Register free: www.tickettailor.com/events/queen...

🚨 New open access article 🚨 Out now in Journal of Financial Regulation with Alex Goghie and Matteo Giordano 'Encumbered Security? Vertical and Horizontal Repos in the Euro Area and Their Inherent Ambiguity' academic.oup.com/jfr/advance-...

Happening next week at Hertie!

Paul@paulstichler.bsky.social · last yr.

Research seminar on Money and Payments: Evolution or Revolution? with Jörg Bibow next week at @hertieschool.bsky.social in cooperation with Global Climate Forum. Organized by @steffenmurau.bsky.social and Monica DiLeo. Registration (optional): globalclimateforum.org/2025/04/01/money-and-payments/

A quick summary 🧵 ! 🌍🌍🌍 @kprodani.bsky.social and I make two new claims, provocatively stated: (i) Quantifying climate transition risk is easy, biodiversity is not (ii) The most recent regulatory strategies entirely escape the "risk-based approach" said to dominate prudential policy. /1

Jens van 't Klooster 💸💸💸@jvtk.bsky.social · last yr.

📚✨ New paper alert: How are we doing on turning nature into a source of calculable risk? We take a critical look at how 1990s risk models and environmental science enable riskification, and study very new regulatory strategies that go beyond it. #openaccess: www.tandfonline.com/doi/full/10....

📢 Now Published in Issue! 📢 Our article on what politicians think about the ECB is now out in @jcms-eu.bsky.social We surveyed Members of the European Parliament to uncover their views on the ECB 👉 Available at onlinelibrary.wiley.com/doi/10.1111/... And a short thread here -->

What Do Politicians Think of Technocratic Institutions? Attitudes in the European Parliament Towards the European Central Bank

Technocracy has come to be increasingly regarded as a threat to representative democracy. Significant attention has thus been recently devoted to exploring public preferences towards technocratic ins....

onlinelibrary.wiley.com

As the Trusk regime is wrecking the state apparatus that brought us the IRA, it's more urgent than ever to understand the politics of green macrofinancial regimes. Here's a 🧵 on the result of @danielagabor.bsky.social and I wrecking our brains for four years. www.tandfonline.com/doi/full/10....

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 🧵

Great summary on the NGFS by @krdgnydn.bsky.social!

Kardelen Günaydin@krdgnydn.bsky.social · last yr.

A week prior to Trump's inauguration the Federal Reserve quit the Network for Greening the Financial System, the NGFS. I wrote about what the NGFS is and what they promote within the green central banking debates for PPE Sydney.

If you ever wanted to find out what would happen when you run the government like a business (& in this case, a poorly run business), well, we're very deep in the FO stage of the FAFO now.

Max Kennerly@maxkennerly.bsky.social · last yr.

New type of U.S. Treasury default just dropped: the fascist clowns in charge accidentally/intentionally declaring some of the debt invalid. www.bloomberg.com/news/article...

"Central bank independence" www.nytimes.com/2025/02/07/b...

The revelation we were all waiting for via @nytimes.com

Greg Sargent@gregsargent.bsky.social · last yr.

And here it is: NYT reports that internal emails show that DOGE officials gaining access to Treasury data wanted to use it to pause USAID payments. This underscores the arguments I made in the piece/thread below about why Treasury's defense of Musk's access is such a sham.