We really don’t talk enough about how the Nixon Administration engineered a shortage of domestic grain in 1972-73 through a secret trade deal with the Soviet Union in order to justify scrapping the New Deal supply management regime that had operated since the 1930s to moderate…

Proctor and Gamble will “spark a lot more fun and joy” by slashing the price of diapers than they will by selling toilet bombs. apple.news/AWexWMmT4RESDo…

Why the vibecession is not a thing. It’s not vibes. It’s the high prices of essentials like food and housing that upset many Americans and undermines trust in the government.

Michael Powell on the politics and economics of inflation.

theatlantic.com/ideas/archive/…

🤩😅

Price controls are an important emergency tool, and not using them effectively in a crisis situation can have disastrous economic and political consequences, Isabella M. Weber and I argue in our latest column for Project Syndicate :
prosyn.org/JZ6TLgB

Nice to see Isabella M. Weber’s and Tom Krebs’ piece translated in a Greek newspaper

2) How China Escaped Shock Therapy - Isabella M. Weber
I've mentioned this book a few times but it's really excellent. Very few books in English deal with original Chinese sources. Essential for understanding this critical moment in world economic history.

Celebrate the career and achievements of #NSSRfaculty Anwar Shaikh this Friday, with guest panelists Jayati Ghosh, Isabella M. Weber, e. ahmet tonak/ekonomist değilim/non-economist, Ramaa Vasudevan, Ali Khan, and Vivek Chibber.

Morning livestream : youtube.com/watch?v=hqk_i3…

Afternoon livestream : youtube.com/watch?v=wddyEL…

Very important as a female academic to be *exactly* the right level of attractive. Too much blonde hair spilling over your shoulders is as dangerous as too little make-up and too shapeless an outfit.

Advice for scholars: next time you lecture on Kant and revolutions at “Downing” (Darwin College) Cambridge, make sure your hair is neatly tied and that you’re not blonde. Or else your research impact will be on the The Spectator libido section.

Half of U.S. homeowners and renters (49.9%) sometimes, regularly or greatly struggle to afford their housing payments—and many are making big sacrifices to cover their costs, per Redfin and Axios:

“If you are spending 25 to 30 percent of your income on food and prices have jumped 25 percent, you are in real pain,” Weber said. 💯

Great reading recommendation!

Why the vibecession is not a thing. It’s not vibes. It’s the high prices of essentials like food and housing that upset many Americans and undermines trust in the government.

Michael Powell on the politics and economics of inflation.

theatlantic.com/ideas/archive/…

1. IMF loan conditionalities for countries undermine policy autonomy.
2. National public investment conditionalities for corporations can support accountability by safeguarding the public interest over private profiteering: rooseveltinstitute.org/publications/m…

Short and simple LRB piece that recounts the deeply worrying Berlin crackdown from last weekend.