Morten N. Støstad
@mortenstostad.bsky.social
Post-doc at the FAIR Institute at NHH. Previously a lecturer at U.C. Berkeley. Studying inequality's consequences. Once upon a time I was an astrophysicist.
Reposted by Morten N. Støstad
Research by @mortenstostad.bsky.social & Lobeck finds most say rising inequality fuels many social ills — while narrowing it boosts trust, well‑being, democracy, public services, growth & innovation. #EconSky
July 22, 2025 at 6:03 PM
Research by @mortenstostad.bsky.social & Lobeck finds most say rising inequality fuels many social ills — while narrowing it boosts trust, well‑being, democracy, public services, growth & innovation. #EconSky
Could giving $1,000 to the poor and $2,000 to the rich be a progressive policy?
Yes.
(For legal purposes I do not endorse this policy)
Yes.
(For legal purposes I do not endorse this policy)
July 5, 2025 at 9:38 PM
Could giving $1,000 to the poor and $2,000 to the rich be a progressive policy?
Yes.
(For legal purposes I do not endorse this policy)
Yes.
(For legal purposes I do not endorse this policy)
Reposted by Morten N. Støstad
According to the latest BEA data for Q4 2024, profits booked in Ireland by US multinationals have bounced back and reached a new high.
The UK and Singapore are now nearly as important for US multinationals' profits as the Netherlands. Profits booked in Mexico and Canada remain relatively small.
The UK and Singapore are now nearly as important for US multinationals' profits as the Netherlands. Profits booked in Mexico and Canada remain relatively small.
April 21, 2025 at 1:17 PM
According to the latest BEA data for Q4 2024, profits booked in Ireland by US multinationals have bounced back and reached a new high.
The UK and Singapore are now nearly as important for US multinationals' profits as the Netherlands. Profits booked in Mexico and Canada remain relatively small.
The UK and Singapore are now nearly as important for US multinationals' profits as the Netherlands. Profits booked in Mexico and Canada remain relatively small.
In a world where it is increasingly clear that economic inequality is an externality -- as it weakens political systems, increases crime and unrest, and decreases trust -- it is malpractice not to teach students this in ECON101.
April 19, 2025 at 10:52 AM
In a world where it is increasingly clear that economic inequality is an externality -- as it weakens political systems, increases crime and unrest, and decreases trust -- it is malpractice not to teach students this in ECON101.
Reposted by Morten N. Støstad
Just finished teaching a class on taxation in the Economics and Public Policy master's at @sciencespo.bsky.social.
My slides, heavily inspired by courses by Charles Brendon, @gabrielzucman.bsky.social, and Emmanuel Saez, are here:
👉 wouterleenders.eu/KAFP3355/06_...
Feedback very welcome!
My slides, heavily inspired by courses by Charles Brendon, @gabrielzucman.bsky.social, and Emmanuel Saez, are here:
👉 wouterleenders.eu/KAFP3355/06_...
Feedback very welcome!
April 17, 2025 at 12:52 PM
Just finished teaching a class on taxation in the Economics and Public Policy master's at @sciencespo.bsky.social.
My slides, heavily inspired by courses by Charles Brendon, @gabrielzucman.bsky.social, and Emmanuel Saez, are here:
👉 wouterleenders.eu/KAFP3355/06_...
Feedback very welcome!
My slides, heavily inspired by courses by Charles Brendon, @gabrielzucman.bsky.social, and Emmanuel Saez, are here:
👉 wouterleenders.eu/KAFP3355/06_...
Feedback very welcome!
There is an over-supply of PhDs that want to do research-adjacent activities. There is an under-supply of replication.
Solution: Large government-funded replication institutes. These institutes would be strong deterrents for bad research, improving overall research quality.
Solution: Large government-funded replication institutes. These institutes would be strong deterrents for bad research, improving overall research quality.
March 26, 2025 at 5:42 PM
There is an over-supply of PhDs that want to do research-adjacent activities. There is an under-supply of replication.
Solution: Large government-funded replication institutes. These institutes would be strong deterrents for bad research, improving overall research quality.
Solution: Large government-funded replication institutes. These institutes would be strong deterrents for bad research, improving overall research quality.
NEW: A groundbreaking survey on fairness across the world with 65,000 individuals across 60 countries -- from colleagues at @nhhecon.bsky.social.
Key findings:
* The West is especially meritocratic.
* What drives inequality? Globally, people believe luck matters more than merit.
bit.ly/41V6zJe
Key findings:
* The West is especially meritocratic.
* What drives inequality? Globally, people believe luck matters more than merit.
bit.ly/41V6zJe
March 25, 2025 at 2:40 PM
NEW: A groundbreaking survey on fairness across the world with 65,000 individuals across 60 countries -- from colleagues at @nhhecon.bsky.social.
Key findings:
* The West is especially meritocratic.
* What drives inequality? Globally, people believe luck matters more than merit.
bit.ly/41V6zJe
Key findings:
* The West is especially meritocratic.
* What drives inequality? Globally, people believe luck matters more than merit.
bit.ly/41V6zJe
I wish BlueSky added a good algorithm. This is the huge, huge problem with this website. I come on here to see the biggest, most interesting things that are happening online -- but "Discover" is just very bad, approaching current Twitter levels. Not sure if this is everyone's experience?
March 13, 2025 at 10:41 AM
I wish BlueSky added a good algorithm. This is the huge, huge problem with this website. I come on here to see the biggest, most interesting things that are happening online -- but "Discover" is just very bad, approaching current Twitter levels. Not sure if this is everyone's experience?
Twitter's "For you" page has become complete slop. I don't see big posts from accounts I follow, just terrible content and right-wing propaganda. "Following", meanwhile, is like the Facebook feed of whoever posted in the last hour.
It's really taken a complete nosedive.
It's really taken a complete nosedive.
March 13, 2025 at 10:38 AM
Twitter's "For you" page has become complete slop. I don't see big posts from accounts I follow, just terrible content and right-wing propaganda. "Following", meanwhile, is like the Facebook feed of whoever posted in the last hour.
It's really taken a complete nosedive.
It's really taken a complete nosedive.
I'm not sure if it's changes in the algorithm or everyone leaving, but Twitter is becoming more unbearable every day. How's everyone doing on BSky?
March 9, 2025 at 2:43 PM
I'm not sure if it's changes in the algorithm or everyone leaving, but Twitter is becoming more unbearable every day. How's everyone doing on BSky?
A point about top taxation I think is overlooked is that both the mechanical effect and behavioral responses reduce inequality.
The mechanical effect also collects revenue, which is great. But both reduce inequality.
The mechanical effect also collects revenue, which is great. But both reduce inequality.
February 26, 2025 at 10:12 AM
A point about top taxation I think is overlooked is that both the mechanical effect and behavioral responses reduce inequality.
The mechanical effect also collects revenue, which is great. But both reduce inequality.
The mechanical effect also collects revenue, which is great. But both reduce inequality.
Come join us at the Berkeley Stone Center Summer School on Inequality! Great opportunity for early-stage PhDs to get a crash course on modern inequality research.
🚨Applications are now open for the 2025 Berkeley Stone center Summer School on inequality
A unique program geared towards students at the beginning of their PhD, taught by leading scholars in the field, all costs covered!
Apply now
👇👇👇
sites.google.com/berkeley.edu...
A unique program geared towards students at the beginning of their PhD, taught by leading scholars in the field, all costs covered!
Apply now
👇👇👇
sites.google.com/berkeley.edu...
January 28, 2025 at 1:09 PM
Come join us at the Berkeley Stone Center Summer School on Inequality! Great opportunity for early-stage PhDs to get a crash course on modern inequality research.
I've been posting both here and on Twitter lately. The engagement on both:
(Likes on BSky / Likes on Twitter)
0 - 16
4 - 589
0 - 5
2 - 190
...where is everyone? Any hints welcome!
(Likes on BSky / Likes on Twitter)
0 - 16
4 - 589
0 - 5
2 - 190
...where is everyone? Any hints welcome!
December 28, 2024 at 2:15 PM
I've been posting both here and on Twitter lately. The engagement on both:
(Likes on BSky / Likes on Twitter)
0 - 16
4 - 589
0 - 5
2 - 190
...where is everyone? Any hints welcome!
(Likes on BSky / Likes on Twitter)
0 - 16
4 - 589
0 - 5
2 - 190
...where is everyone? Any hints welcome!
A new paper argues that rising inequality contributed to the pre-2007 crisis debt boom.
The idea is that people increased their housing expenditure to keep up with their neighbors' increased spending, fueling unsustainable demand.
The idea is that people increased their housing expenditure to keep up with their neighbors' increased spending, fueling unsustainable demand.
December 25, 2024 at 6:38 PM
A new paper argues that rising inequality contributed to the pre-2007 crisis debt boom.
The idea is that people increased their housing expenditure to keep up with their neighbors' increased spending, fueling unsustainable demand.
The idea is that people increased their housing expenditure to keep up with their neighbors' increased spending, fueling unsustainable demand.
Both Republicans and Democrats are likely to think inequality worsens democratic institutions.
An AI summary of their explanations when asked why:
"Economic inequality enables the wealthy to exert disproportionate influence on political processes, [...] undermining democracy."
An AI summary of their explanations when asked why:
"Economic inequality enables the wealthy to exert disproportionate influence on political processes, [...] undermining democracy."
December 20, 2024 at 5:32 PM
Both Republicans and Democrats are likely to think inequality worsens democratic institutions.
An AI summary of their explanations when asked why:
"Economic inequality enables the wealthy to exert disproportionate influence on political processes, [...] undermining democracy."
An AI summary of their explanations when asked why:
"Economic inequality enables the wealthy to exert disproportionate influence on political processes, [...] undermining democracy."
The feeling that economic inequality leads to social unrest is mounting. Here is a brief overview of the current academic evidence.
December 14, 2024 at 2:47 PM
The feeling that economic inequality leads to social unrest is mounting. Here is a brief overview of the current academic evidence.
Striking example of a point I often make academically -- people may think inequality is a negative externality without thinking that inequality is unfair.
December 10, 2024 at 3:12 PM
Striking example of a point I often make academically -- people may think inequality is a negative externality without thinking that inequality is unfair.
One thing I won't miss from Twitter is my threads in progress being irreparably deleted out of nowhere
November 21, 2024 at 9:12 AM
One thing I won't miss from Twitter is my threads in progress being irreparably deleted out of nowhere
Reposted by Morten N. Støstad
"This is a historic decision. Now is the time to turn words into action and launch an inclusive international negotiation, extending beyond G20 countries, on the reform of the taxation of the super-rich." 💬 @gabrielzucman.bsky.social
www.g20.org/en/documents...
www.g20.org/en/documents...
November 19, 2024 at 11:07 AM
"This is a historic decision. Now is the time to turn words into action and launch an inclusive international negotiation, extending beyond G20 countries, on the reform of the taxation of the super-rich." 💬 @gabrielzucman.bsky.social
www.g20.org/en/documents...
www.g20.org/en/documents...
About half of the people I follow on Twitter are already here. Had no idea the migration was at this stage already.
November 19, 2024 at 10:04 AM
About half of the people I follow on Twitter are already here. Had no idea the migration was at this stage already.
Network effects are crazy, huh? Hello everyone!
November 19, 2024 at 9:22 AM
Network effects are crazy, huh? Hello everyone!