Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 8hI want to be far from being alarmist but the German drafting suggestions for Irish presidency will effectively kill GDPR. This effectively is a rent transfer to firms that, in the past, illegitimately collected data without consent or not purpose bound that are now allowed... 111
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 26/09/2026Agreed! I've said this before, but thinking about the joint distribution of descriptive and better identified estimates is central. Context: x.com/annastansbury/status/21017514… 000
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 26/09/2026We need to invest in more reliable and better quality national statistics Context: x.com/annastansbury/status/21039391… 000
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 24/09/2026Most unfortunate typo...@harrypickard ! 010
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 23/09/2026Very happy to participate at the British Academy-Leverhulme Trust funded Workshop on "Diversity and the Political Economy of Social Cohesion" over the next two days. Its an excellent workshop in sunny Uxbridge, I will be sharing the papers across the workshop. 110
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 23/09/2026Now there is significant developments in Europe. On 21 September, the European Central Bank launched Pontes. The ECB’s new infrastructure for settling tokenised assets in central-bank money is explicitly framed around monetary sovereignty and reducing dependence on dollar stablecoins. The 100
Reposted by Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhereSammy Roth @sammyroth.bsky.social · 17/09/2026Want to understand why journalists and politicians get so excited about AI doomsday predictions but mostly ignore climate change? It's called *information pollution.* Thank you to @amywestervelt.bsky.social for coining this important new term and writing a book about it, and explaining it to me!climatecoloredgoggles.comArtificial insanityA conversation with investigative journalist Amy Westervelt that is NOT about AI killing us all. 510240
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 14/09/2026With @ashwinl, I visited Ukraine earlier this year. What is remarkable is that many of the issues that my research on NATO highlighted are being "solved" in Ukraine. Ashin and I are hosting an event where we discuss and share our observations from the field. Link in next post. 110
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 14/09/2026Late as usual, but still relevant: 25 years ago, 9/11 led NATO to invoke Article 5 for the first time in its history. Afghanistan would become NATO’s longest mission. Over the years, in one strand of my research, we studied how coalition warfare works... or didnt! 1/N 111
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 14/09/2026Worry not. Oh Office 2001 Your legacy lives on. 010
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 11/09/2026Interesting correlation on speculations about US vehicle market openness’s, bond market turmoil and elevated oil prices… the European working group may yet come in handy 000
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 11/09/2026English canals see more and more algae blooms due to climate change and excess nutrient run-off. Without oxygenating the water, there are significant risks to wildlife. Unless the electricity grid is greened, such feeble adaptation attempts will make matters worse. 010
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 09/09/2026I keep going back to the question if societies with civil law or common law based legal tradition are better placed to navigate how societies may fare as AI gets increasingly incorporated into day-to-day life. I am worried that common law based societies may have MUCH broader attack surface for 111
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 07/09/2026Picking up the collateral damage 000
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 03/09/2026Clues in data suggesting turnout engineering are a stable pattern across more than 1000 UK polls as @EleAla our paper from 2024 suggests. Differential partisan mobilization may be key. If polls are paid for by outside money to benefit a party, of course, it is interference! 021
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 28/08/2026It seems like this was quite accurate. The UK but also Switzerland are now in an awkward position vis-a-vis market access to the US. This creates potential for demands for stronger EU market integration that businesses may favor owing to the perceived improved predictability... 121
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 26/08/2026Very useful policy paper! Context: x.com/benwansell/status/20925934252… 010
Reposted by Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhereIIPF - International Institute of Public Finance @iipf.bsky.social · 25/08/2026#IIPF2026 Congress at ISEG Lisbon, today's program starting with Thiemo Fetzer's @trfetzer.com keynote with the title "Are the Informational Boundaries of the State Being Redrawn"; introduced by Scientific Co-Chair Naomi Feldman. @dforemny.bsky.social @theiiiman.bsky.social 043
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 25/08/2026Response to a request for information under Freedom of Information Act, Britain, 2023. 010
Reposted by Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhereThiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 06/08/2026One mantra I keep repeating to my peeps is the observation that, IMO, the service sector part of the economy is entirely malleable… much easier than the physical economy. 011
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 20/08/2026I do have a reaction to the article on Daron Acemoglu in The Economist, but I always think it is more sensible to be "a bit late". There is something substantive to be said, and it has little to do with Daron's work, but speaks to the phenomena he may be perceived to represent... 100
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 19/08/2026Just doubling down on this... 000
Reposted by Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhereJakob Schneebacher @jschneebacher.bsky.social · 19/08/2026Delighted to see the @nuffieldfoundation.org funding our real-time work to understand how firms are responding to the ongoing energy supply disruptions and what this means for the wider economy. This is joint work with @trfetzer.com, @christinavpalmou.bsky.social and @iyotzov.bsky.social. 1/2 153
Reposted by Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhereThiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 13/08/2026This is interesting and very much aligned with suggestions I had raised with some research organizations. Curiosity-led research can be highly problematic with convex returns in attention markets, and a culture that rewards output visibility. It is this vector through which... 111
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 13/08/2026This is interesting and very much aligned with suggestions I had raised with some research organizations. Curiosity-led research can be highly problematic with convex returns in attention markets, and a culture that rewards output visibility. It is this vector through which... 111
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 12/08/2026Just so incredibly concerning... the "replacements" are not coping, expect major felling and collateral damage across most parks in not too long. There is also concern around further soil degradation. It has happened before. 021
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 10/08/2026Timely -- to say the least! Context: x.com/guoxu_econ/status/20846844464… 000
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 09/08/2026⤵️ Context: x.com/fetzert/status/19088241148878… 000
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 08/08/2026Very relevant paper, and one may add that is why perceived (in) security (possibly legacy trauma induced) across different socioeconomic strata is so important. This can create varieties of what I refer to as unholy electoral coalitions between groups across the income distribution…. 110
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 06/08/2026More of this -- only if we cultivate norms that regard failures as valuable will make progress. This is how knowledge accumulates. As an aside: we also need fewer survey experiments. At the moment, we have a misallocation of effort/resources. See also these slides by Macartan Humphreys. 241
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 06/08/2026One mantra I keep repeating to my peeps is the observation that, IMO, the service sector part of the economy is entirely malleable… much easier than the physical economy. 011
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 06/08/2026Technically if these guys are competent this is a huge opportunity for the Mittelstand and many tradespeople and smaller companies that are dealing with the generational handover of the boomer generation. A pilot match making should be considered, human embeddings anyone? 1112
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 06/08/2026Always wonder what determines the choice of color gradient... this most certainly visually does not emphasize the vast differences in heat-stress induced excess mortality. 020
Reposted by Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhereThe Institute for Fiscal Studies @theifs.bsky.social · 05/08/2026NEW: The current energy crisis has so far affected fewer firms than in 2022, new evidence shows. 📗 @trfetzer.com, @christinavpalmou.bsky.social, @jschneebacher.bsky.social & @iyotzov.bsky.social show that exposed firms responded in the first two months mainly with increased prices and inventories: 143
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 31/07/2026What folks don’t realize is that this will create a demand for auditable authenticity and trusted verification services/provenance — which may imply a fundamentally different societal architecture. It is also a question to what extent this is a shared endeavor between societies or unilateralism. 110
Reposted by Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhereMaria Carreri @mariacarreri.bsky.social · 29/07/2026New paper in @jeeanews.bsky.social with @martinezluis.bsky.social! Fiscal rules have quietly become a central feature of local governments around the world. But do they improve government or simply impose politically costly austerity? We study one such reform in Colombia. 🧵 sl1nk.com/zs0m0a4 173
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 29/07/2026The demand for preserving and protecting status goods... 010
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 26/07/2026It is looking incredibly bad... a cry for help. 001
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 24/07/2026The UK/EU/US love triangle sees some more tension, push and pulls. 011
Reposted by Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhereJakob Schneebacher @jschneebacher.bsky.social · 24/07/2026How can we give policymakers the timely, causal, granular evidence they need to respond to crises as they unfold? A short thread on our updated working paper with @trfetzer.com, @christinavpalmou.bsky.social and @iyotzov.bsky.social. 11210
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 24/07/2026Many modern physical products are over-complex for basic tasks and under-engineered for failure recovery. Incentives to create moats, lock in and recurrent revenues are the driver restricting choice & competition. More competition is not the answer, a renewed social contract is. 000
Reposted by Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhereThiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 01/06/2026It should be obvious that, if behavioral targeting, exploitation of behavioral biases/cognitive limitations prevails, then only a "crowd stochastic noise" revolution can help rebalance power in economies. That is: we need to add more random choices in our day-to-day life. 031
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 16/07/2026As people get more familiar with AI, LLMs and the question iff one can emulate ones own token generation becomes ever more relevant. It also raises the question if through deep understanding of ones attention mechanism, on effectively can steer human "agents". 101
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 14/07/2026U.S. shale producers have a perverse incentive to prefer volatility – as does its financial service industry. The results are in after the second quarter. Politically induced market volatility is a direct subsidy to the financial services industry...ft.comUS banks live: Wall Street banks post blockbuster profits as equities trading boomsJPMorgan, Goldman, Citi and BofA kick off earnings season with strong results 110
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 14/07/2026Seems like a very important paper 210
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @trfetzer.com · 14/07/2026AI will not only change the boundaries (and nature) of firms, but also states -- I hope for the better, but I doubt we are ready for what's about to hit us. Context: x.com/rbmyerson/status/207475016463… 000