We are now at 459 consecutive days (and counting) of record global sea surface temperatures, beginning March 14, 2023. This mayhem started well before last year's El Niño had any influence. Expecting ocean temperatures to return to their pre-2023 levels this year is a fantasy.

"the definition of populism on which both political scientists and economists now converge is extremely “loose” or imprecise.  As such, this definition ends up embracing a wide variety of political movements with visions of society and priorities that can be extremely different."

Many things in the world are getting better, but climate change is not one of them.

"Job displacement costs of phasing out coal", with Michael Simmons @GerhardToews Fernando Aragon. We use the dramatic collapse of the UK coal industry to estimate the long-term employment outcomes on displaced miners w/ lessons for the energy transition. Soon Journal of Public Economics 🧵👇

Every European summer I like to reshare this chart to remind everyone about the importance of urban trees.

🇳🇱🌧📈 In 8 months, about 1,000 liters of rain fell on each square meter of the Netherlands. This is completely unprecedented in observed history. But not completely unexpected, considering the record shattering temperatures of the North Atlantic and increased evaporation.

Le systeme electoral Britannique convertit 1/3 des voix en 2/3 des sieges ("First past the post")

"Only a decade ago, Chinese finance in #LAC surpassed that of the World Bank and Inter-American Development Bank. But due to China's own financial limitations, shifting interests in LAC, and enhanced World Bank and IDB post-pandemic engagement with the region, the opposite is now true." More here:

Grenada is establishing a task force aimed at advocating for itself and other vulnerable states to receive compensation for damage caused by natural disasters attributed to climate change.

Intra-#Mercosur trade actually peaked in the late 90s, as a share of its members' goods trade, see imf.org/-/media/Files/…

This NASA visualization shows the CO2 emitted into the earth's atmosphere + clarifies who is responsible for the climate crisis: we, the Global North. There is not time to wait. #ActOnClimate #climate #energy #renewables

Sunday's reign as the hottest day ever recorded on planet earth lasted until...Monday.

The working from home revolution is creating a positive feedback loop that is powering productivity and economic growth, Stanford’s Nicholas Bloom writes in F&D. imf.org/en/Publication…

Equalizing carbon prices across Europe could distribute the cost of emission reductions more fairly. Our Chart of the Week shows how this approach could help reduce the financial burden on lower-income households. imf.org/en/Blogs/Artic…

Over half of countries now have fertility rates below replacement level of 2.1 children per woman. This global fertility decline affects two-thirds of the world's population. Our visual article explores the implications for the future and economic impacts. imf.org/en/Publication…

The working from home revolution is creating a positive feedback loop that is powering productivity and economic growth, Stanford’s Nicholas Bloom writes in F&D. imf.org/en/Publication…

"I'm particularly proud of the fact that one of my students fired Sam Altman." Geoffrey Hinton (2024 Nobel Laureate) nobelprize.org/prizes/physics…

time to leave the cesspool and leave the bots behind bsky.app/profile/flavie…

Time to move on bsky.app/profile/flavie…