Jeff Powell
@powelljr.bsky.social
Associate Professor in economics, University of Greenwich; political economist, fascinated by all things finance & development; he/him
The juice, the squeeze and the digital euro - www.ft.com/content/5b9a... via @FT
The juice, the squeeze and the digital euro
Finally, a question for the answer to a question nobody asked
www.ft.com
February 4, 2026 at 4:07 PM
The juice, the squeeze and the digital euro - www.ft.com/content/5b9a... via @FT
Memo for UK university management: The tyranny of targets - www.ft.com/content/86c5...
The tyranny of targets
Not only is quantification changing our behaviour, but we’re failing to notice this has happened
www.ft.com
February 4, 2026 at 1:47 PM
Memo for UK university management: The tyranny of targets - www.ft.com/content/86c5...
The real European financial threat to America - www.ft.com/content/d267... via @FT
The real European financial threat to America
An uncoordinated, decentralised and gradual buyers’ strike is the actual danger
www.ft.com
February 3, 2026 at 1:44 PM
The real European financial threat to America - www.ft.com/content/d267... via @FT
The Economic Impact of Brexit www.nber.org/papers/w34459
The Economic Impact of Brexit
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...
www.nber.org
February 2, 2026 at 10:23 PM
The Economic Impact of Brexit www.nber.org/papers/w34459
Reposted by Jeff Powell
Hyperscaler capex charts from JPM.
LHS: sum of cons capex for AMZN, GOOG, META, MSFT, ORCL;
RHS: debt issuance & capex as % of op. cash flow
LHS: sum of cons capex for AMZN, GOOG, META, MSFT, ORCL;
RHS: debt issuance & capex as % of op. cash flow
February 2, 2026 at 10:27 AM
Hyperscaler capex charts from JPM.
LHS: sum of cons capex for AMZN, GOOG, META, MSFT, ORCL;
RHS: debt issuance & capex as % of op. cash flow
LHS: sum of cons capex for AMZN, GOOG, META, MSFT, ORCL;
RHS: debt issuance & capex as % of op. cash flow
Reposted by Jeff Powell
It's rare to see how lobbyists operate. But the Epstein-Mandelson correspondence shows us what happens all the time: plutocrats and government ministers conspiring against the public interest. This is why all lobbying should be in the public domain, but despite Labour and Con promises, it's not. 🧵
February 2, 2026 at 8:20 AM
It's rare to see how lobbyists operate. But the Epstein-Mandelson correspondence shows us what happens all the time: plutocrats and government ministers conspiring against the public interest. This is why all lobbying should be in the public domain, but despite Labour and Con promises, it's not. 🧵
The stablecoin war: Wall Street vs crypto over the future of money - www.ft.com/content/0fe2... via @FT
The stablecoin war: Wall Street vs crypto over the future of money
Banks say rules governing the digital currency are a risk to financial stability. Are they just trying to stamp out competition?
www.ft.com
February 2, 2026 at 7:25 AM
The stablecoin war: Wall Street vs crypto over the future of money - www.ft.com/content/0fe2... via @FT
Challenging Dollar Dominance? How Brazil Responds to RMB Internationalization Challenging Dollar Dominance? How Brazil Responds to RMB Internationalization www.scielo.br/j/rbpi/a/3HP...
Challenging Dollar Dominance? How Brazil Responds to RMB Internationalization
Abstract This article explores the role of China’s currency, the renminbi (RMB), in Brazil,...
www.scielo.br
January 31, 2026 at 4:34 PM
Challenging Dollar Dominance? How Brazil Responds to RMB Internationalization Challenging Dollar Dominance? How Brazil Responds to RMB Internationalization www.scielo.br/j/rbpi/a/3HP...
Kevin Warsh will pivot Fed to conviction economics - www.ft.com/content/167c... via @FT
Kevin Warsh will pivot Fed to conviction economics
Trump’s choice of chair will shift from Powell’s data-dependent approach to policy
www.ft.com
January 31, 2026 at 7:49 AM
Kevin Warsh will pivot Fed to conviction economics - www.ft.com/content/167c... via @FT
Missed this from @nakedkeynes.bsky.social nakedkeynesianism.blogspot.com/2026/01/cent...
Central Bank Independence and the Role of the Dollar
The attack on the Fed's chairman, Jerome Powell, has correctly led to a rebuke of Donald Trump's behavior. That does not mean that the notio...
nakedkeynesianism.blogspot.com
January 29, 2026 at 9:20 AM
Missed this from @nakedkeynes.bsky.social nakedkeynesianism.blogspot.com/2026/01/cent...
Termites are slowly feasting away at the foundations of the dollar’s dominance - www.ft.com/content/0933... via @FT
Termites are slowly feasting away at the foundations of the dollar’s dominance
Chomp chomp chomp
www.ft.com
January 29, 2026 at 7:32 AM
Termites are slowly feasting away at the foundations of the dollar’s dominance - www.ft.com/content/0933... via @FT
Add this to the charge sheet against Osborne-Tory austerity in the wake of the GFC; not only did they spurn low borrowing costs, but missed benefits of higher fiscal multipliers. UK's poorest still paying the price for his incompetence. @jomichell.bsky.social www.sciencedirect.com/science/arti...
The fiscal multiplier in presence of unconventional monetary policy: Evidence for 17 OECD countries
Following the exhaustion of conventional interest-rate tools during the 2008 financial crisis, central banks relied on unconventional monetary policy,…
www.sciencedirect.com
January 27, 2026 at 4:36 PM
Add this to the charge sheet against Osborne-Tory austerity in the wake of the GFC; not only did they spurn low borrowing costs, but missed benefits of higher fiscal multipliers. UK's poorest still paying the price for his incompetence. @jomichell.bsky.social www.sciencedirect.com/science/arti...
Will student loans be the next mis-selling scandal? - www.ft.com/content/277a... via @FT
Will student loans be the next mis-selling scandal?
Graduates are in uproar about Budget changes to loan repayment terms, and they have a point
www.ft.com
January 25, 2026 at 2:22 PM
Will student loans be the next mis-selling scandal? - www.ft.com/content/277a... via @FT
Could Europe really leverage its $12.6tn pile of US assets? - www.ft.com/content/beea... via @FT
Could Europe really leverage its $12.6tn pile of US assets?
NIIPing an outlandish idea in the bud
www.ft.com
January 21, 2026 at 7:47 AM
Could Europe really leverage its $12.6tn pile of US assets? - www.ft.com/content/beea... via @FT
Reposted by Jeff Powell
We hear it all the time:
Since the turn of the 2010s, thanks to the rise of tech, the US has pulled ahead economically.
This idea is everywhere from Washington to Davos—and it's paralyzing Europe
But it's simply not true!
Let's look at what's really happening, with charts🧵
Since the turn of the 2010s, thanks to the rise of tech, the US has pulled ahead economically.
This idea is everywhere from Washington to Davos—and it's paralyzing Europe
But it's simply not true!
Let's look at what's really happening, with charts🧵
January 20, 2026 at 8:59 PM
We hear it all the time:
Since the turn of the 2010s, thanks to the rise of tech, the US has pulled ahead economically.
This idea is everywhere from Washington to Davos—and it's paralyzing Europe
But it's simply not true!
Let's look at what's really happening, with charts🧵
Since the turn of the 2010s, thanks to the rise of tech, the US has pulled ahead economically.
This idea is everywhere from Washington to Davos—and it's paralyzing Europe
But it's simply not true!
Let's look at what's really happening, with charts🧵
"...the Montreal version is a superior standalone product." I don't often agree with the Economist, but they've nailed it here. www.economist.com/culture/2026...
How bagels conquered the world
Despite rampant “carbphobia”, the circular bread is on a roll
www.economist.com
January 17, 2026 at 5:19 PM
"...the Montreal version is a superior standalone product." I don't often agree with the Economist, but they've nailed it here. www.economist.com/culture/2026...
Claudette Colvin’s life should teach us this: resistance is collective, and it never stops | Gary Younge www.theguardian.com/commentisfre...
Claudette Colvin’s life should teach us this: resistance is collective, and it never stops | Gary Younge
Colvin, who died this week, made a stand on an Alabama bus nine months before Rosa Parks. When we met, her message about the struggle was clear, says professor of sociology Gary Younge
www.theguardian.com
January 17, 2026 at 2:05 PM
Claudette Colvin’s life should teach us this: resistance is collective, and it never stops | Gary Younge www.theguardian.com/commentisfre...