@isabellamweber.bsky.social: "The world #energy shock is coming — it will deepen #inequality in ways we've seen before."
"without urgent government action, the Strait of #Hormuz crisis will ripple through our economies and rip apart our societies"
"cost shocks don't just pass through markets […]
"When you make enough money, you get to write the laws."
Funny, yet depressing, 3 min video about how #PBM s raise #drug prices:
https://www.youtube.com/watch?v=_khH6pZnHCM
#Economics #PoliEcon #Inflation
Chrematistics or accumulation without limit was the most important concept I ever learned about. It's not #greed per se, it's something much worse and it dominates our world. #capitalism #philosophy #misalignedmarkets #poliecon
medium.com/@misaligned-...
Chrematistics or accumulation without limit was the most important concept I ever learned about. It's not #greed per se, it's something much worse and it dominates our world. #capitalism #philosophy #misalignedmarkets #poliecon […]
NEW FROM SI 54(5)
"Planetary repertoires? ‘Research is a zoo’: An invitation to an epistemic ‘party’" by Kellie Gonçalves
#AnthropoceneLandscapes #PlanetaryRepertoires #PerceptualCoding #PoliEcon #MultispeciesCommunication #EpistemicRupture #AssemblageTheory #PostHumanism
doi.org/10.1017/S004...
For avg working #family, , this year's #prices went up $1,625.
#Economics #Inflation #PoliEcon
@groundwork.bsky.social :
NEW: Inflation in the past year has cost working families an average $1,625. The price hikes are across the board:
🥚 Groceries cost $310 more
🏡 Housing costs are up 3.2% […]
The latest #misalignedmarkets post is about historical developments that are core to understanding what market capitalism is and how it works. https://misaligned.markets/contingencies-of-capitalism/
#history #finance #economics #markets #poliecon #capitalism
(3/3) Not only do the protocols of capitalism result in rules written and influenced by capital holders, but the rules are so gameable they create easily exploitable vulnerabilities.
The favored position of capital and the breaking of capitalist rules are fundamental to how capitalist systems […]
Chart shows manufacturing job loses in 2025 - about 28,000 jobs lost
“Manufacturing employment is down three-months in row for a cumulative loss of 37,000. Since its peak in early ‘23, its down 173,000. Because so much US manufacturing depends on imported inputs, I’m very concerned that Trump’s escalating trade war exacerbates […]
[Original post on mastodon.social]
Charts : US average tariff % vs year - for over 100 years; Tariffs $ collected/month - over a decade
Biggest experiment in US economy in a long time.
From @jc-econ.bsky.social :
The weighted average tariff in effect on US imports continues to creep higher w/ every announcement taking it to levels not seen since the 1930s & customs collections are on […]
[Original post on mastodon.social]
Graph: Tariffs jumps from $7 billion/month to $28 billion/month in 2025 Source: https://econjared.substack.com/p/did-someone-neglect-to-tell-the-president?publication
“ #Trump admin is raising #prices that are at the heart of the #affordability crisis". --#JaredBernstein
Post-trade war, tariffs are up $21 billion/month.
Or $736/year for every man, woman. & child living in the US.
At the moment, importers are eating a […]
[Original post on mastodon.social]
But Trump said he was going to bring down prices 🤔
#inflation #economy #PoliEcon