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An honor to see Intent to Destroy on the The Kyiv Independent top-10 list, together with excellent books by Yaroslav Trofimov , Serhii Plokhy , Oleksandr Mykhed and others.

US military spending per capita is 21x higher than China's military spending. In fact China's military spending is lower than the world average.

Billionaires think they can get away with anything. But delivery drivers and warehouse workers are standing up to Jeff Bezos this week by launching the biggest strike against Amazon in U.S. history. Amazon Teamsters: I’m with you all the way.

How come Labour can find money when it wants to? youtu.be/vdnMDz3wuqs?si… Labour found £6 billion in the last week to buy 166,000 houses for the Ministry of Defence. The spending wasn’t budgeted, so how did it fund the money all of a sudden?

Und nochmal: now we’re talking

A 1998 The New York Times op-ed by John Gaddis on NATO expansion warned that shutting Russia out of the West — unlike Germany & Japan post-WWII — would have consequences. Bill Clinton's plan was to block Western integration for Moscow (which very much wanted it at the time) to keep NATO

Start 2025 with a post doc application. Deadline approaching!

Thank you so much for such a careful reading of my book. The place of politics in the story of macropru indeed keeps haunting me. Time to have a serious conversation about that indeed. Merci mille fois et a bientôt Matthias

Dans le dernier numéro de la Revue de la Régulation, une excellente recension rédigée par Tristan Auvray de l'ouvrage de Matthias Thiemann sur la régulation macroprudentielle journals.openedition.org/regulation/245…

For a happy moment I wished I got a review from Eichengreen … I can still wish for my book to be reviewed next year 😅. In the meantime, I’m definitely reading the suggested book

📑 How to build a Ukrainian Development Bank: Leveraging European history and Ukraine’s own reform experience A VoxEU column by Inna Melnykovska (Central European University), Eric Monnet (Paris School of Economics) and our Matthias Thiemann (Recherche SciencesPo Sciences Po)⤵️ cepr.org/voxeu/columns/…

✍️🇺🇦 "Establishing a Ukrainian Development Bank is key to Ukraine’s post-war recovery, to foster both international trust and local ownership," our Research Affiliate Inna Melnykovska, Eric Monnet & Matthias Thiemann write in an article on VoxEU. Details: 👉 tinyurl.com/39njn83j

How can this insane figure be reconciled with the still widespread held assumption by many economists that there is a proper "market" in US banking (i.e. significant competition)?

Spannende Fragen am Ende

Das ist der helle Wahnsinn! Laut zweitstimme.org wird Die Linke folgende Direktmandate gewinnen Potsdam-Teltow, Erfurt-Weimar, Leipzig I Leipzig II, Mitte, Pankow, Neukölln, Treptow, Rostock, Lichtenberg, Marzahn, Friedrichshain. Das wären 12 Direktmandate. 🥹

If the EU was interested in the interests of Europe, it would reject any deal that gifts Ukraine’s resources to the US & would signal to Moscow Europe’s openness to a new security architecture that involves a sovereign Ukraine in a role similar to Austria’s during the Cold War.

From the Easterns Elham Saeidinezhad on shadow banking.

Un auteur américain aujourd’hui totalement oublié avait tout prévu il y a 40 ans de ce qu’allait devenir la société américaine et le monde des médias. J’avais à l’époque, écrit la préface de l’édition française.

The USA have the OLDEST economic elites 🇺🇸, China has the YOUNGEST ones 🇨🇳. We discuss this finding - among several others - in the comparative paper (16 countries) we just published in the British Journal of Sociology: onlinelibrary.wiley.com/doi/10.1111/14…

What a tantalizing finding!