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Benjamin Braun

@benbraun.social
10K followers 1.1K following 1.2K posts

Political economist @ LSE, currently visiting professor at the Institute for Advanced Study | benjaminbraun.org

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Benjamin Braun @benbraun.social · 9h
If you're a non-US technocrat who thinks they're getting "strangled by interest rates" (BdF governor today), your escape routes are - a massive AI productivity boom that is very unlikely - a massive AI stock market crash that is very likely Unusual incentives, to say the least.
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Benjamin Braun @benbraun.social · 13h
Takeaway #2: A stock market crash is coming; it will be major; sovereign bonds will be a hedge again. In other words, if you're an embattled issuer (looking at you, London, Paris) hang in there.
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Benjamin Braun @benbraun.social · 13h
Excellent @ericlonners.bsky.social post on bond market dynamics, Japan, and the bond-equity correlation over time. Takeaway #1 ("Dalio fallacy"): The rise in yields is not about debt – unless you're unlucky enough to be a eurozone member state. ericlonergan915540.substack.com/p/the-dalio-...
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Benjamin H. Bradlow @bhbradlow.bsky.social · 15h
Last year, @sfjournal.bsky.social published this article that I co-authored with @tomasgold.bsky.social on the rise of Bolsonarismo in Brazil. Now, his son is poised to regain the presidency for the family and its followers. doi.org/10.1093/sf/s...
doi.org
A processual framework for understanding the rise of the populist right: the case of Brazil (2013–2018)
Abstract. How and in what sequence do social structures, contingent events, and agents’ decisions combine over time to bring about a new populist right? To
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Isabella M. Weber @isabellamweber.bsky.social · 04/10/2026
Wenn ein Staat im Dienst der Bürger "linke Wirtschaftspolitik" ist, was wollen dann eigentlich die anderen Demokratinnen und Demokraten!?
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Benjamin Braun @benbraun.social · 03/10/2026
“Our present method of underwriting advanced technology is exceedingly dangerous. It could cost us our existence.” Guess I better keep reading.
Picture of Galbraith’s New Industrial State(1967)
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Isabella M. Weber @isabellamweber.bsky.social · 02/10/2026
🗽 Like owls to Athens, we're bringing ANTI-FASCIST ECONOMICS to NYC, where Mayor Mamdani is already using public goods for the public good. Join me, David Wallace-Wells and Phenomenal World for the New York launch of my new book on October 16. It's going to be great! ❤️
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Benjamin Braun @benbraun.social · 02/10/2026
Vergesellschaftung: Normale Wirtschaftspolitik mit Kosten und Nutzen, Verteilungswirkungen, Annahmen, Zeitprofilen. Sachliche Diskussion ist nicht nur möglich, sondern dem Niveau des wirtschaftspolitischen Diskurses sogar überaus zuträglich. @dezernatzukunft.bsky.social mailchi.mp/dezernatzuku...
"Opportunitätskosten. Einige haben argumentiert, dass man mit einer möglichen Entschädigungssumme—immerhin ein zweistelliger Milliardenbetrag—neue Wohnungen bauen könnte, statt existierende Wohnungen zu vergesellschaften. Diese Rechnung ist nicht offensichtlich. Eine Vergesellschaftung ist eine Bilanzverlängerung: Der Entschädigungssumme stehen die Wohnungen gegenüber. Solange diese Bilanzverlängerung sich selbst trägt, schließt sie weder eine mögliche weitere Verlängerung aus, zum Beispiel um Neubau zu finanzieren, noch verursacht sie Kosten im laufenden Haushalt."
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Benjamin Braun @benbraun.social · 02/10/2026
Amazing. Really makes you wonder.
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Benjamin Braun @benbraun.social · 02/10/2026
The stage of the Berlin-election moral panic at which domestic intelligence posts its AI-fueled fever dream of uniformed communist brigades disturbing the medieval town square peace.
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Ingo Stützle @istuetzle.eurosky.social · 02/10/2026
Diese KI-Bilderproduktion passt halt perfekt zur antikommunistischen Ideologie (oder ist sie?), die auch ohne Kommunist*innen auskommt, wie der Soziologe Anton Schmidt die Tage in der @taz.de herausstellte.
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Tarik Abou-Chadi @tabouchadi.bsky.social · 02/10/2026
For my new research unit Politics of Democracy at the Berlin Social Science Center @wzb.bsky.social, we have 3 open research positions. 2 postdocs: 4 + 2 years (100%) 1 doc: 2 years (75%) Starting date: 1 March 2027 (negotiable) Application deadline: 1 November
Job adjob ad
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Benjamin Braun @benbraun.social · 01/10/2026
On the other hand, there's no reason not to start a new #softbankasperformanceart thread.
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Mathias Larsen @mathiaslarsen.bsky.social · 01/10/2026
Looking forward to co-teaching a new LSE Master’s course with Donato Di Carlo @donatodc.bsky.social: (EU4B5) 𝗧𝗵𝗲 𝗣𝗼𝗹𝗶𝘁𝗶𝗰𝗮𝗹 𝗘𝗰𝗼𝗻𝗼𝗺𝘆 𝗼𝗳 𝗘𝘂𝗿𝗼𝗽𝗲 𝗮𝗻𝗱 𝗖𝗵𝗶𝗻𝗮 𝗶𝗻 𝘁𝗵𝗲 𝗡𝗲𝘄 𝗠𝘂𝗹𝘁𝗶𝗽𝗼𝗹𝗮𝗿 𝗪𝗼𝗿𝗹𝗱 𝗢𝗿𝗱𝗲𝗿. @granthamlse.bsky.social @lse-ei.bsky.social @gsos-lse.bsky.social
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David Woodruff @dmwoodruff.bsky.social · 30/09/2026
NYT clanker Keynes is fun to watch but unconvincing. Keynes thought he had two great insights:(1)declining marginal propensity to consume implies a demand shortfall w/o investment;(2)can't count on investment b/c it's based on vibes and vibes about vibes. This is where he'd have started with AI.
nytimes.com
Opinion | What Would John Maynard Keynes Say About A.I.? The Keynes Bot Told Us. (Gift Article)
Nearly a century ago, Keynes predicted that technology would liberate us from work. To imagine what he would think of artificial intelligence today, a Princeton economist used A.I.
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Robin Berjon @robin.berjon.com · 30/09/2026
The social internet — for science! I'm super excited to see @aster.id launching. It's an Atmosphere service provider (like @eurosky.social) for researchers, hosted by your friends at the @modalfoundation.eurosky.social. Why does it matter? Thread time! 🧵
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Benjamin Braun @benbraun.social · 30/09/2026
Successful online spaces, explained.
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Benjamin Braun @benbraun.social · 30/09/2026
Exciting. If you're a researcher and still don't know about about #ATScience, it's time to get up to speed by reading this thread and following the accounts mentioned.
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Eurosky Social @eurosky.social · 30/09/2026
We're so excited to see the arrival of Aster ID as a home for researchers on the open web and to welcome them to the @modalfoundation.eurosky.social family. Very lucky that we've been able to support their tech stack at Eurosky 💖
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Benjamin Braun @benbraun.social · 30/09/2026
Sums it up
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Benjamin Braun @benbraun.social · 30/09/2026
Very poor take. The German centre is currently failing a very gentle test, catastrophically. Hard to convey the insanity of the mainstream freakout over the left’s victory in Berlin.
Why Europe's centre will hold
The 1930s are not a good guide to the politics of the 21st century
GIDEON RACHMAN
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Stefan Eich @stefeich.bsky.social · 30/09/2026
New article just dropped in APSR! Leah Downey and yours truly on why people should stop using “democratize” when all they really mean is increasing market access. (Looking at you, economists! 👀) And, more positively, what a better vision of “democratization” looks like when applied to finance.
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Alondra Nelson @alondra.bsky.social · 30/09/2026
I'm honored to deliver the 2027 Gifford Lectures at Edinburgh. Across 6 lectures, On Science, Technology, and Social Values, I will work through the claim that what we build and how we put it to use carry commitments about who counts and what matters in collective life cahss.ed.ac.uk/news-events/...
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katharinapistor.bsky.social @katharinapistor.bsky.social · 29/09/2026
My response to Yochai Benkler‘s take on transforming capitalism. Sadly, we cannot count on the state
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Daniel Driscoll @danieldrisc.com · 29/09/2026
Why Carbon Taxes Failed is on the road! See book talk dates below (more to come). Next week is Central European University and Copenhagen Business School! Can't wait to see some dear friends at both places <3
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Xan López @xanlopez.net · 29/09/2026
To my English-speaking friends: we just published my conversation with Fritz Bartel (@fritz-bartel.bsky.social) about the ongoing political and energy crisis. He’s one of the most interesting thinkers out there, so don’t sleep on it. youtu.be/iE3xQcYvT5I?...
youtu.be
Margen de Maniobra 02x09 - Gobernar la transición, con Frtiz Bartel
YouTube video by Círculo de Bellas Artes
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Benjamin Braun @benbraun.social · 28/09/2026
What the heck Jens. Is this before or after the tipping point? Is the yellow arrow gravity?? Does the rectangle have mass???
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Benjamin Braun @benbraun.social · 28/09/2026
Something I've noticed about the people saying "nothing is going to change about US dollar dominance" is that they're usually not accounting for the @jvtk.bsky.social + @shahinvallee.bsky.social factor. Which is probably going to turn out to be a mistake.
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JW Mason @jwmason.bsky.social · 27/09/2026
I wrote a long post on "profiteering" or "greedflation" a couple of years ago, trying to think through what the economic logic is that justifies price regulation in situations like natural disasters, and how that logic might apply more broadly. jwmason.org/slackwire/in...
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Albert Pinto @70sbachchan.bsky.social · 25/09/2026
NEW: The big story is not Chinese EVs everywhere —but Chinese EV factories everywhere. And its not just Chinese firms going out. Our CM-FDI database tracks every foreign Solar, Wind, EV and battery manufacturing plant built in 21st century. cmfdi.netzeropolicylab.com
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Benjamin Braun @benbraun.social · 25/09/2026
Really great thread, and data.
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Benjamin Braun @benbraun.social · 24/09/2026
The federal government threatening a state in which the left shows signs of life. Sounds vaguely familiar?
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Linus Westheuser @lwestheuser.bsky.social · 23/09/2026
Die Berlinwahl ist so eine Offenbarung. Alle Masken fallen, nichts ist überraschend, aber vieles sehr abstoßend.
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Lukas Bogner @lbogner.eurosky.social · 23/09/2026
New Paper out in Socio-Economic Review! Part of a coming special issue on the socio-economics of loss and decline. About the 4D chess of using blended finance for the coal exit in the Global South. Read it here: doi.org/10.1093/ser/... (or ask me for a copy if you don't have access)!)
 The spectre of de-assetization: legal infrastructures and fragile fixes in fossil decommissioning - Lukas Bogner. Abstract: Efforts to decommission coal power plants in the Global South are constrained by the legal infrastructures that create and protect them as assets. This article examines the Asian Development Bank’s Energy Transition Mechanism (ETM) as a case of managing these constraints via a series of increasingly complex and fragile spatio-temporal fixes: First, power purchase agreements and investment treaties require compensation of investors at business-as-usual asset valuations; second, for lack of public funding, this compensation is to be generated via a blended finance mechanism; third, its inability to stem these costs necessitates further legal-financial engineering, including a novel guarantee mechanism and ‘coal-to-clean’ credits. The ETM and its successive fixes are haunted by the power relations inscribed in asset creation and protection in the Global South. This renders ‘de-risked’ transition finance dubious as a blueprint for fossil decommissioning and highlights the troubled nature of climate-related asset stranding in transnational, hierarchical legal space.
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Benjamin Braun @benbraun.social · 23/09/2026
Timely, given the strong Minsky moment vibes these days. Just out in Politics & Society. "The more Minsky rose to the challenge of explaining the economics of his [wage-led growth] proposal ... the more Democrats grew concerned about its politics." journals.sagepub.com/doi/epub/10....
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robin celikates @robin-c.bsky.social · 23/09/2026
I’m so angry I wrote an article: In Germany, fascist majorities are a real possibility again, but the centrist merger of a revived Red Scare with open racism shows that mainstream media & politics are unable or unwilling to comprehend the seriousness of the crisis tribunemag.co.uk/2026/09/germ...
tribunemag.co.uk
Warning from Germany: It’s Socialism or Barbarism
Fascism is at the door, and liberals are ushering it in. Only the left offers hope.
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Steven Klein @stevenklein.bsky.social · 23/09/2026
my book Union has a cover. Indeed, two covers- one for the UK release and one for the US. Forthcoming August of next year.
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David Attewell @davidattewell6.bsky.social · 23/09/2026
1/ Happy to see @kaitlin-alper.bsky.social, myself, & Andreas Jozwiak's paper out @ejprjournal.bsky.social It's well-known that, on average, women support redistribution more than men. We find that the gender gap is conditional on household income & inequality within couples. tinyurl.com/3nrn53ej
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Isabella M. Weber @isabellamweber.bsky.social · 22/09/2026
Service post: “Energy is complicating the Fed’s case for higher rates” = Rate hikes will not stop the war on Iran, reopen the Strait of Hormuz or bring down energy prices (unless they manage to push down the economy).
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Federica Genovese @fgenovese.bsky.social · 22/09/2026
*academic job klaxon* very interesting looking 2-yr postdoc at Toulouse with @ccavaille.bsky.social on the political economy of climate risk and insurance!
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Aurélien Goutsmedt @aurelien-goutsmedt.com · 22/09/2026
Indeed! A reminder that a starter pack on the History of Economic Thought exists: bsky.app/starter-pack... Created by @hugocerqueira.bsky.social
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robin celikates @robin-c.bsky.social · 22/09/2026
Wahrscheinlich sollte es nicht überraschen, dass selbst die kleinste Herausforderung des Status quo von links so eine Welle rassistischer Diffamierung aus Politik & Medien auslöst, aber angesichts der Tatsache, dass es in D wieder faschistische Mehrheiten gibt, ist es schockierend.
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Ingo Stützle @istuetzle.eurosky.social · 21/09/2026
Die Sendung wird im Auftrag des @ndr.de von Miosgas eigener Produktionsfirma produziert, der MIO Media GmbH. Die kommerziellen Interessen korrumpieren seit Jahren den ÖRR und ihren Auftrag. Darüber müsste endlich geredet werden, denn so „öffentlich“ ist die Veranstaltung schon lange nicht mehr.
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SocArXiv @socarxiv.bsky.social · 21/09/2026
At SocArXiv, our intrepid volunteers screen a few dozen papers per day, using this moderation policy: socopen.org/moderation-p..., supplemented by this AI policy: socopen.org/ai-policy/. If that sounds fun or interesting or important to you, join us! Contact: socarxiv at gmail.
socopen.org
Moderation Policy
This moderation policy is now supplemented by our AI Policy, here. If your paper has been rejected and you would like to appeal the decision, use this form. Policy revision date October 2025, by th…
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Jo Michell @jomichell.bsky.social · 21/09/2026
Not sure there are many Kalecki heads on this website but I'm going to give this a try anyway. If this isn't your cup of tea, you might want to hit mute now...
A journal cover page for "An analytical heterogeneous agent macro model of concentration, markups, and falling labour shares" by Karsten Kohler, Jo Michell and Ayoze Alfageme, published in the Journal of Economic Dynamics and Control.

The abstract text is: This paper presents an analytical heterogeneous agent model (HAM) to explore micro-level concentration dynamics and their effects on macro-level distribution and growth. It contributes to recent work on macroeconomic agent-based models (ABMs) by comparing a small-scale ABM with bilateral firm-customer matching to a simplified HAM without direct agent interactions. The HAM replicates key ABM results while allowing for analytical solutions. In the model, larger firms benefit from lower unit costs due to economies of scale, gain larger market shares, and set higher markups. More profitable firms temporarily grow faster, leading to endogenous changes in the firm size distribution. The resulting right-skewed distributions create a divergence between the average profit share across firms and the aggregate profit share, which is driven by the largest firms. The decline in the labour share reduces aggregate consumption and slows growth. Despite its simplicity, the model captures key empirical patterns related to superstar firms and declining labour shares.
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Jan Schwalbach @janschwalbach.bsky.social · 21/09/2026
🚨New article in Nature Scientific Data: The ParlLawSpeech Parliamentary Text Data Collection > 3 Million Parliamentary Bills, Laws, and Speeches from 8 Legislatures: doi.org/10.1038/s415... with @lukashetzer.eurosky.social @sopro.bsky.social @chrauh.bsky.social @miklossebok.bsky.social 1/6
doi.org
The ParlLawSpeech Parliamentary Text Data Collection > 3 Million Parliamentary Bills, Laws, and Speeches from 8 Legislatures - Scientific Data
Scientific Data - The ParlLawSpeech Parliamentary Text Data Collection &gt; 3 Million Parliamentary Bills, Laws, and Speeches from 8 Legislatures
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Henry Farrell @himself.bsky.social · 20/09/2026
"Perhaps the most useful role that the discipline of International Relations may play is ... as a generator of largely untestable and incompatible claims that can then help inform policy systems that are better adapted to work with many possible futures."
programmablemutter.com
International relations has a problem with the future
Then, so does everything else
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