He then pointed to the "Trente Glorieuses", the post WWII period in which shared prosperity happened for real, as a result of a favorable power balance (result of unions, regulation, taxation) 4/12

He pointed to some early industrial revolution examples of technological progress that was detrimental to workers. He then highlighted that these finally started benefiting from progress when they acquired power (mostly through unionization) 3/12

Acemoglu started with the standard neoclassical link Innovation -->Productivity -->Employment, noticing how, over time, this went sometimes well, but sometimes less so 2/12

Yesterday @dacemoglumit.bsky.social gave the inaugural Hirschmann lecture at @UNESCO , in presence of the Family. I found it very interesting and I was left with some questions (short 🧵) 1/12

È sempre un piacere tornare in Sapienza Università di Roma. Sono lieto di partecipare al convegno “Le nuove regole del patto di stabilità e crescita della Unione Europea” Questo venerdì 11 ottobre alle 9:30. Grazie alla Fondazione Roma Sapienza per l'invito!

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Is there a paper?

Secular stagnation is back?

We are heading fast towards the #secularstagnation#inflationwww.ft.com/content/2adf...#ECB

Eurozone inflation dips below target to 1.8% in September

Decline bolsters expectations that the ECB will cut interest rates again this month

Si vous êtes à Toulouse demain, on va parler évasion et fraude fiscale et comment les combattre