Tarek Fahim @tarekfahim.bsky.social · 2hI’m deeply saddened by Anwar Shaikh’s passing. His work had a profound influence on me, despite my theoretical disagreements over money, Harrodian instability, or the robustness of emergent macroeconomic properties to changes in microeconomic assumptions. A tremendous loss for heterodox economics. 010
Reposted by Tarek FahimBruno Amable @brunoamable.bsky.social · 02/10/2026Les intellectuels organiques du bloc bourgeois sont vraiment au bout du rouleau. 23012
Reposted by Tarek FahimPatricia Pino @patriciapino.bsky.social · 23/09/2026The Greens propose to drop interest rates as the main inflation tool. So it's a good moment to ask why we discarded the world Kalecki knew (full employment as the aim), for monetary policy primacy, independent central banks & a buffer stock of unemployed labour. open.substack.com/pub/patricia...open.substack.comThe Political Aspects of UnemploymentWhy price stability does not require an army of the unemployed. 1118
Reposted by Tarek Fahimilhan dögüs @ilhandogus.bsky.social · 15/09/2026Questions to mainstream economists: If inflation is demand-driven, why does wage-financed consumption spending cause inflation, credit-financed spending not? You make workers overindebted as they can't dare to strike? 011
Reposted by Tarek Fahimilhan dögüs @ilhandogus.bsky.social · 15/09/2026There is a bulk of empirical evidence showing that tax cuts do not stimulate investments unless demand is strong. Capitalists reinvest their profits after taxes in financial assets. Multiplier effect is higher for public investment and employment than tax cuts. x.com/unusual_whal... 011
Reposted by Tarek FahimJason Hickel @jasonhickel.bsky.social · 14/09/2026This piece directly compares the core's net-appropriation from Africa’s CFA zone to China’s. We found that the core net-appropriated on average 20x more than China across materials, land and water. The disparity is even more extreme in per capita terms. jasonhickel.substack.com/p/unequal-ex...jasonhickel.substack.comUnequal exchange in Africa’s CFA ZoneNew data on France, Europe and China. 38631
Reposted by Tarek FahimIsabella M. Weber @isabellamweber.bsky.social · 07/04/2026Disaster capitalism on steroids Spiking fertilizer prices have brought back the specter of a new world food crisis. Meanwhile the stocks of a handful of companies that control the fertilizer market are surging. Link: seekingalpha.com/article/4882... 37236
Reposted by Tarek FahimIsabella M. Weber @isabellamweber.bsky.social · 24/03/2026China won’t let market prices driven by war news rip apart its economy. 47328
Reposted by Tarek FahimBruno Amable @brunoamable.bsky.social · 17/01/2026One could say of Trump and the US what Bourdieu said about La Rochefoucauld and the aristocracy: those in power become cynical when they are losing ground. 034
Reposted by Tarek FahimJo Michell @jomichell.bsky.social · 15/12/2025New research! Austerity and the labour market in the UK. papers.ssrn.com/sol3/papers.... Headline result: austerity reduced wages, increased employment rates, and contributed to weak productivity. 1/npapers.ssrn.comEstimating the effects of austerity on the labour market: Evidence from Great BritainBetween 2010 and 2019, in response to concern about the public finances, the UK government imposed substantial cuts to public spending. This austerity programme 38042
Reposted by Tarek FahimRune Møller Stahl @runestahl.bsky.social · 04/11/2025Nearly 90 % of the world’s population now lives in countries where inequality exceeds the World Bank’s threshold for “high inequality.” In those societies, the risk of democratic backsliding is seven times higher. 0203
Reposted by Tarek FahimRune Møller Stahl @runestahl.bsky.social · 04/11/2025Global inequality has reached a point where it's no longer just an social or justice issue. It’s a structural crisis threatening democracy and economic development. since 2000, the richest 1 % have captured 41 % of all new global wealth.The poorest 50 % have received just 1 %. 1162
Reposted by Tarek FahimRune Møller Stahl @runestahl.bsky.social · 04/11/2025Global economics inequality is reaching a tipping point and the world needs an "IPCC of inquality" to help track and understand the problem. Thats the main point of todays report of the G20 Expert Group on Global Inequality - led by Joseph Stiglitz, Jayati Ghosh ipdcolumbia.org/event/landma... 13514
Reposted by Tarek FahimCédric Durand @cedricdurand.bsky.social · 13/10/2025L’approche néo-schumpeterienne de Philippe Aghion a largement inspiré les politiques économiques en Europe depuis le tournant des années 2000. Et singulièrement celle d’Emmanuel Macron 1/ 411774
Reposted by Tarek FahimBruno Amable @brunoamable.bsky.social · 23/08/2025Think of all this literature on lack of property rights, inefficient institutions, oligarchic vs. democratic societies, state predation... in Africa or China of course. 0153
Reposted by Tarek FahimLe Média TV @lemediatv.bsky.social · 13/04/2025QUAND LES ÉTATS-UNIS OSAIENT DEMANDER DES COMPTES AUX MILLIARDAIRES : L'INCROYABLE PROCÈS MELLON | ROMAIN HURET Le milliardaire Andrew Mellon, pionnier de la finance qui prônait le "ruissellement", fut mis en procès après avoir été ministre des finances 👇 www.youtube.com/watch?v=aUYv... 14719
Reposted by Tarek FahimCédric Durand @cedricdurand.bsky.social · 07/04/2025 "Corporate Planning remains as crucial in the age of intellectual monopoly capitalism as in the age of industrial capitalism. Yet, we identify transformations regarding purpose, means, knowledge and temporality." academic.oup.com/ser/advance-... with @ceciliarikap.bsky.social and Hannah Bensussanacademic.oup.comHundred years of corporate planning. From industrial capitalism to intellectual monopoly capitalism through the lenses of the Harvard Business Review (1922–2021)Abstract. This article reopens the issue of corporate planning (CP) by exploring its evolving role in capitalism. We analyze the content of Harvard Busines 02612
Reposted by Tarek FahimClément Carbonnier @carbonnier.bsky.social · 04/04/2025Le riche travail de la Dares et des équipes d’évaluations des réformes de l’assurance chômage de 2021 confirment que c’était bien une étape de plus dans la stratégie de l’emploi par la baisse du coût et des conditions de travail et la pressurisation de la main d’œuvre. Petit fil ↓ 49068
Reposted by Tarek FahimLouis-Philippe Rochon @lprochon.bsky.social · 04/04/2025Why tariffs may not bring manufacturing back to the US. 054
Reposted by Tarek FahimIsabella M. Weber @isabellamweber.bsky.social · 03/04/2025Tariffs are cost shocks. Last time around, across the board cost shocks coordinated price hikes and triggered sellers' inflation (see paper below). Get ready for the next inflation bout! This time courtesy of MAGA. peri.umass.edu/wp-content/u... 521688
Reposted by Tarek FahimGDP Dynamics @gdpdynamics.com · 01/04/2025''Progress is slow partly from mere intellectual inertia. In a subject (economics) where there is no agreed procedure for knocking out errors, doctrines have a long life.'' -Joan Robinson 152
Reposted by Tarek FahimInstitut La Boétie @i-laboetie.bsky.social · 24/03/2025Amazon, Google, Meta, Microsoft… Ces géants ne sont plus de simples entreprises. Ils ne dominent pas juste un marché : ils le contrôlent et dictent ses règles. Un nouvel ordre s’impose : le techno-féodalisme. Un système où le numérique, loin d’émanciper, asservit. Explications. 🧵⬇️ 33722
Reposted by Tarek FahimDaniela Gabor @danielagabor.bsky.social · 25/03/2025re-reading Kalecki on nazism: 'The dislike of government spending policy as such is overcome under fascism by the fact that the state machinery is under the direct control of a partnership of big business with fascism.' 315353
Reposted by Tarek FahimYanis Varoufakis @yanisvaroufakis.bsky.social · 21/03/2025Die Linke just ruled themselves out as a leftist progressive party. By endorsing the sordid rearmament program of the warmongering new German gvt, they have repeated the sins of the Social Democrats circa WW1. History will judge them harshly. 1313350
Reposted by Tarek FahimSéminaire Récri @seminairerecri.bsky.social · 06/03/2025La 11e session du Récri, c'est maintenant ! What agent-based, stock-flux-consistent macroeconomics can teach us about how to deal with the (quite urgent) ecological issues ? www.youtube.com/watch?v=Nmbt... With Côme de Chefdebien-Zagarriga, Jessica Reale, Mattia Leoni and Colin Vuilletet.youtube.comSéminaire | Recherche Économie CritiqueYouTube video by MSHParisNord 042
Reposted by Tarek FahimCédric Durand @cedricdurand.bsky.social · 15/03/2025A l'occasion de la sortie du livre, nous en discutons avec @jlmelenchon.bsky.social et l'historienne Sylvie Laurent www.youtube.com/live/lVcIRA_...youtube.comFaut-il se passer du numérique pour sauver la planète ? Cédric Durand, Sylvie Laurent, JL MélenchonYouTube video by Institut La Boétie 082
Reposted by Tarek FahimGDP Dynamics @gdpdynamics.com · 13/03/2025"Generally speaking, changes in the prices of finished goods are cost determined while changes in the prices of raw materials inclusive of primary foodstuffs are demand determined". -Michał Kalecki 072
Tarek Fahim @tarekfahim.bsky.social · 12/03/2025« Quand l’effondrement moral continue de se croire au sommet de la moralité, la classe qui jouit fait la leçon à tous en matière de jouissance – au moment où elle invente de se rétablir dans le sang des autres. » blog.mondediplo.net/betharram-fo...blog.mondediplo.netBétharram, force d’âmePar Frédéric Lordon (La pompe à phynance, Les blogs du Diplo, 11 mars 2025) 000
Reposted by Tarek FahimInstitut La Boétie @i-laboetie.bsky.social · 11/03/2025🔴 EXCLU - Découvrez les premières pages du nouveau livre de Cédric Durand ! Ce vendredi, l'ILB sort son 2e livre : « Faut-il se passer du numérique pour sauver la planète ? » de l'économiste Cédric Durand. 👉 ActuaLitté en publie les bonnes feuilles : urlr.me/yVc4Hv 1148
Reposted by Tarek Fahimilhan dögüs @ilhandogus.bsky.social · 27/02/2025The Fed: "Post-Pandemic inflation was driven by the supply shocks, not demand." In other words, post-Keynesians are right, we were wrong.. 2198
Reposted by Tarek FahimBruno Bonizzi @bbonizzi.bsky.social · 20/02/2025The PKES PhD conference this year will be at Herts. If you are a PhD student with interest in pluralist economics consider applying! You will get your work discussed by a senior academic, and meet like-minded people. More details (incl application link) here ysi.ineteconomics.org/event/16th-p...ysi.ineteconomics.org16th PKES PhD Student Conference (supported by YSI) – YSI INET 063
Tarek Fahim @tarekfahim.bsky.social · 19/02/2025blog.mondediplo.net/fascisme-def...blog.mondediplo.netFascisme, définitionPar Frédéric Lordon (La pompe à phynance, Les blogs du Diplo, 19 février 2025) 000
Reposted by Tarek FahimEvan Sutton @evansutton.bsky.social · 18/02/2025Elon Musk is a tick who sucks $8 million per day out of the federal govt and gives back diseases like armored Cybertrucks. Tesla was saved by a $465 million federal loan in 2009 and buoyed to success by EV tax credits (thanks Obama). All while paying virtually no federal taxes. Who's the parasite? 910840
Reposted by Tarek FahimJudith Bernard @judithbernardada.bsky.social · 15/02/2025A voir absolument sur Hors-Série: notre entretien avec Johann Chapoutot, conduit par Ugo Palheta, sur les "Irresponsables" qui ont permis aux nazis d'accéder au pouvoir. 👇 www.hors-serie.net/Aux-Sources/...hors-serie.netJohann ChapoutotDes entretiens filmés avec de la vraie critique dedans 1154
Reposted by Tarek FahimBruno Amable @brunoamable.bsky.social · 27/01/2025Johann Chapoutot parle de son dernier livre, Les irresponsables. www.youtube.com/watch?v=sUjW...youtube.comJohann Chapoutot - Les irresponsablesYouTube video by librairie mollat 1167
Reposted by Tarek FahimBruno Amable @brunoamable.bsky.social · 13/12/2024France: the extreme centre is going round in circles. Bayrou had tried and failed to aggregate the bloc bourgeois in the early 2000s. Macron later succeeded before running into the problems we all know. And now, he (sort of) chooses Bayrou as his new PM.media.tenor.coma black and white photo of a man with the words we 're right back where we startedALT: a black and white photo of a man with the words we 're right back where we started 0258
Reposted by Tarek FahimGDP Dynamics @gdpdynamics.com · 05/12/2024“The tax is there to create a demand for the government’s currency. Before anyone can pay the tax, someone has to do the work to earn the currency.” -Stephanie Kelton 2113
Reposted by Tarek FahimBruno Amable @brunoamable.bsky.social · 04/12/2024Far more worrying than the level of the interest rate on French government bonds. 12210
Reposted by Tarek FahimGDP Dynamics @gdpdynamics.com · 29/11/2024“I am often asked what I would keep of Neoclassical economics in a new paradigm. My answer is that I would keep as much of Neoclassical economics as modern astronomy kept of Ptolemaic astronomy – which is to say, nothing at all.” -Steve Keen 2144
Reposted by Tarek FahimGDP Dynamics @gdpdynamics.com · 01/12/2024"In fact, communism is the foundation of all human sociability. It is what makes society possible." -David Graeber 0143
Reposted by Tarek FahimGDP Dynamics @gdpdynamics.com · 26/11/2024“Milton Friedman’s misfortune is that his economic policies have been tried.” -John Kenneth Galbraith 3266
Reposted by Tarek FahimGDP Dynamics @gdpdynamics.com · 24/11/2024"Identifying a phenomenon is not enough; we need a theory that makes instability a normal result in our economy and gives us handles to control it." -Hyman Minsky 161
Reposted by Tarek FahimDirk Ehnts @dirkehnts.bsky.social · 24/11/2024Ideology causes acceptance of theories that should be rejected based on the available evidence. 1217
Reposted by Tarek FahimGDP Dynamics @gdpdynamics.com · 22/11/2024"Stability or tranquility in a world with a cyclical past and capitalist financial institutions is destabilizing." -Hyman Minsky 151
Reposted by Tarek FahimIsabella M. Weber @isabellamweber.bsky.social · 21/11/2024Than why did we not see inflation in 2010? 68310
Reposted by Tarek FahimGDP Dynamics @gdpdynamics.com · 20/11/2024The economy has outperformed Fed expectations for 3 years. Here's what the Fed gets wrong: 1) It's all about the flows, and higher rates and increased flows. 2) The economy is a dynamic non-linear system, the Fed only thinks in linear terms. Follow the flows and think non-linearly! 051
Reposted by Tarek FahimMartijn Konings @mkonings.bsky.social · 21/11/2024I completely forgot this happened: “Janet Yellen, former chair of the US central bank, The Federal Reserve, once celebrated unemployment as a ‘worker disciplining device’.” 2339
Reposted by Tarek FahimCédric Durand @cedricdurand.bsky.social · 21/11/2024Let's talk about "Ecological Planning And the Problem of Knowledge in the Anthropocene"on Friday, 29th November, 6-7:30pm. Thanks to the Institut für Räumliche und Sozial-Ökologische Transformationen at Vienna University for the invitation! 0236