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Martin Wolf Hello! Tax the rich! Keep saying it until it happens. Change doesn’t happen if you perceive everything as politically unachievable. Understandable if your status is threatened by saying such things but we need brave men to stand up rather than cower and deflect.

indeed, maybe even better: to tax the rich with carbon-intensive wealth, see papers.ssrn.com/sol3/papers.cf…

Very important story. ft.com/content/20e82f…

Hi Martin, you might want to look a this new book as well, my recently co-authored BOOK: Sustainable Macroeconomics and Climate Risks.. link.springer.com/book/10.1007/9… Columbia University affiliation:capitalism.columbia.edu/directory

3. In my way of thinking, the only way to get inflation down (leaving out happy commodity price shocks, etc) is to induce price/wage setters to want to decrease their relative price/wage, leading to a general adjustment of nominal prices, and a slowing of inflation.

Researchboard I am no a member of the Board of Trustees, see here: boardoftrustees.fon.edu.mk/trustees.html

Given what Musk is doing to Twitter, I am sadly considering moving, probably to Bluesky. Like everybody else, the question is who will follow. Will you?

The war on inflation is over. We won, at very little cost

Europe 🇪🇺 is economically falling behind the U.S. 🇺🇸

There obvious reasons for this

Abschaffung zahlreicher fossiler #Subventionen wie #Dieselprivilegs, #Besteuerung von innerdeutschen Flügen, #Dienstwagenprivileg ist aus der Zeit gefallen und teuer. höhere CO2-Bepreisung schafft finanzielle Anreize, Einführung #Klimageld überfällig. focus.de/earth/experten…

#MMT says that there is no issue of “sustainability“ when it comes to US government spending, public deficit and public debt. Time and time again, reality confirms MMT statements. That those arguing otherwise never admit that does not change the validity of MMT.

🌐Join forces with the Climate Bonds Initiative team at #COP28! 🌱COP28 UAE brings the world together for global transformative climate action. ➡️ If you are planning to attend and would like to connect with our team, do not hesitate to reach out🔗 linkedin.com/feed/update/ur…

Thank you yes … an important correction. Wealth is far more unequal than income and not easy to explain in a large class of theories even when accounting for significant income inequality. Here is one possible theory that CAN explain wealth inequality static1.squarespace.com/static/573b5f2…

1. The reform of EU fiscal rules: An opportunity mostly missed. The new rules are better than the old ones. But they could have been much better.

🚨🥁🥁🚨 Our article "The Effects of Temperature Shocks on Energy Prices and Inflation in the Euro Area"🌡️->📊has been published in the European Economic Review! Why does EA headline inflation decrease in the months following a temperature anomaly (TA)? 🧵sciencedirect.com/science/articl…

We trace the existence of an energy transmission channel 🔋: on average, the energy demand (ED) ⬆️for a -TA (🥶) and ⬇️ for a +TA (🥵). We conceptualize this as the sign that turning off heating 🔥 outweighs turning on cooling ❄️. Why is that?

President-elect Donald Trump has nominated Rep. Matt Gaetz (R-FL) as his pick for attorney general. NBC News Capitol Hill Correspondent Ali Vitali brings us reaction to the nomination from Gaetz's fellow Republican House members.

The SCEPA/New School event on Climate risk and wealth tax: event.newschool.edu/mitigatingclim…