Pedro Zubieta-Funes
@zetaefe.bsky.social
Economist / Intl & comparative political economy, development / LSE
Reposted by Pedro Zubieta-Funes
I wrote about Venezuela www.northsouthnotes.org/p/regime-col...
Regime collapse
A new paradigm
www.northsouthnotes.org
October 22, 2025 at 5:09 PM
I wrote about Venezuela www.northsouthnotes.org/p/regime-col...
Reposted by Pedro Zubieta-Funes
Adam Smith may have won the intellectual battle of ideas, but mercantilism has survived, and sometimes to good effects, from Dani Rodrik www.nber.org/papers/w34353
October 16, 2025 at 9:02 PM
Adam Smith may have won the intellectual battle of ideas, but mercantilism has survived, and sometimes to good effects, from Dani Rodrik www.nber.org/papers/w34353
The “almost no one” is doing a lot of work here—acknowledging that Trump's lifeline serves asset managers and hedge funds, including Bessent’s former colleagues Druckenmiller and Citrone, deeply exposed to 🇦🇷 bonds. This is global financial corruption, pure and simple.
Trump’s Argentine gamble benefits almost no one
Propping up the peso is unlikely to lead to a sustainable improvement in the country’s economy
on.ft.com
October 20, 2025 at 6:17 PM
The “almost no one” is doing a lot of work here—acknowledging that Trump's lifeline serves asset managers and hedge funds, including Bessent’s former colleagues Druckenmiller and Citrone, deeply exposed to 🇦🇷 bonds. This is global financial corruption, pure and simple.
End of an era in Bolivia. After 20 years, the MAS (Movement Towards Socialism) leaves govt — Latin America’s most radical political experiment winds down. Happily, the far right has been blocked: Tuto Quiroga, a protégé of 1970s dictator Hugo Banzer, won't govern. The presidency goes to Rodrigo Paz.
Resultados de las elecciones en Bolivia, en vivo | Inicia el conteo de votos para decidir el próximo presidente entre Rodrigo Paz y Tuto Quiroga
Por primera vez en 20 años, las papeletas no tienen a un candidato del Movimiento al Socialismo de Evo Morales
elpais.com
October 19, 2025 at 11:24 PM
End of an era in Bolivia. After 20 years, the MAS (Movement Towards Socialism) leaves govt — Latin America’s most radical political experiment winds down. Happily, the far right has been blocked: Tuto Quiroga, a protégé of 1970s dictator Hugo Banzer, won't govern. The presidency goes to Rodrigo Paz.
Well, ok. But if you have Mokyr then Bob Allen should be there too.
Joel Mokyr, Philippe Aghion and Peter Howitt won the Nobel memorial prize in economics Monday for their research on how technological innovation fuels economic growth and creative destruction. n.pr/4oh42lZ
3 share Nobel Prize in Economics for work on technology, growth and creative destruction
Joel Mokyr, Philippe Aghion and Peter Howitt won the Nobel memorial prize in economics Monday for their research on how technological innovation fuels economic growth and creative destruction.
n.pr
October 13, 2025 at 12:01 PM
Well, ok. But if you have Mokyr then Bob Allen should be there too.
Reposted by Pedro Zubieta-Funes
Remember when dense networks of strategic cross-shareholdings among firms, native to coordinated market economies, went the way of the dodo?
The Rhenish model, Germany, Inc. undone by Anglo institutional investors?
Well, the dodo is back. Say hello to USA, Inc.
www.bloomberg.com/news/feature...
The Rhenish model, Germany, Inc. undone by Anglo institutional investors?
Well, the dodo is back. Say hello to USA, Inc.
www.bloomberg.com/news/feature...
October 8, 2025 at 9:44 PM
Remember when dense networks of strategic cross-shareholdings among firms, native to coordinated market economies, went the way of the dodo?
The Rhenish model, Germany, Inc. undone by Anglo institutional investors?
Well, the dodo is back. Say hello to USA, Inc.
www.bloomberg.com/news/feature...
The Rhenish model, Germany, Inc. undone by Anglo institutional investors?
Well, the dodo is back. Say hello to USA, Inc.
www.bloomberg.com/news/feature...
The Nobel goes to María Corina Machado—not Trump, but a loyal disciple of his causes: backing Netanyahu, cheering Latin America’s far right, calling for a U.S. invasion of Venezuela, and dreaming of privatizing its oil. Maduro is a dictator, but this isn’t peace.
Nobel peace prize 2025 live: María Corina Machado wins for work promoting democratic rights in Venezuela
Nobel peace prize 2025 live: María Corina Machado wins for work promoting democratic rights in Venezuela
US president had been conducting campaign to influence prize committee
www.theguardian.com
October 10, 2025 at 1:25 PM
The Nobel goes to María Corina Machado—not Trump, but a loyal disciple of his causes: backing Netanyahu, cheering Latin America’s far right, calling for a U.S. invasion of Venezuela, and dreaming of privatizing its oil. Maduro is a dictator, but this isn’t peace.
Reposted by Pedro Zubieta-Funes
"In Gaza, destruction is rewarded with contracts and the “peace plan” is property development.
Historian @adam_tooze & economist @ClaraEMattei
trace how capitalism profits through ruin: war, austerity, and reconstruction form one system of control. "
youtu.be/0iIEgp1LPpA
Historian @adam_tooze & economist @ClaraEMattei
trace how capitalism profits through ruin: war, austerity, and reconstruction form one system of control. "
youtu.be/0iIEgp1LPpA
Rebuilding Gaza — For Profit | Adam Tooze
YouTube video by FREE – Forum for Real Economic Emancipation
youtu.be
October 9, 2025 at 5:21 AM
"In Gaza, destruction is rewarded with contracts and the “peace plan” is property development.
Historian @adam_tooze & economist @ClaraEMattei
trace how capitalism profits through ruin: war, austerity, and reconstruction form one system of control. "
youtu.be/0iIEgp1LPpA
Historian @adam_tooze & economist @ClaraEMattei
trace how capitalism profits through ruin: war, austerity, and reconstruction form one system of control. "
youtu.be/0iIEgp1LPpA
Reposted by Pedro Zubieta-Funes
If profits shape the energy transition we need to understand the biggest profit event this century: the 2022 oil and gas price spike.
Very happy our paper is now out in Energy Research & Social Science. Thread by lead-author @gregorsemieniuk.bsky.social 👇
Very happy our paper is now out in Energy Research & Social Science. Thread by lead-author @gregorsemieniuk.bsky.social 👇
🚨NEW PAPER🚨
We all know the 2022 energy price shock fueled the cost of living crisis. It also caused a profit bonanza for the very rich. We show the US reaped the largest profits ($377bn) of any country. 50% went to the richest 1%, only 1% to the bottom 50%. A🧵 www.sciencedirect.com/science/arti...
We all know the 2022 energy price shock fueled the cost of living crisis. It also caused a profit bonanza for the very rich. We show the US reaped the largest profits ($377bn) of any country. 50% went to the richest 1%, only 1% to the bottom 50%. A🧵 www.sciencedirect.com/science/arti...
October 8, 2025 at 4:59 PM
If profits shape the energy transition we need to understand the biggest profit event this century: the 2022 oil and gas price spike.
Very happy our paper is now out in Energy Research & Social Science. Thread by lead-author @gregorsemieniuk.bsky.social 👇
Very happy our paper is now out in Energy Research & Social Science. Thread by lead-author @gregorsemieniuk.bsky.social 👇
Reposted by Pedro Zubieta-Funes
🔴BBC Laura Kuenssberg Show Accused of Anti-Green Bias After Cancelling Zack Polanski Interview
The new Green leader was the only major party leader not to have been granted an interview on the flagship BBC show after being elected, or during his party conference
bylinetimes.com/2025/10/06/b...
The new Green leader was the only major party leader not to have been granted an interview on the flagship BBC show after being elected, or during his party conference
bylinetimes.com/2025/10/06/b...
BBC Laura Kuenssberg Show Accused of Anti-Green Bias After Cancelling Zack Polanski Interview
The new Green Party leader was the only major party leader not to have been granted a conference interview on the flagship BBC show
bylinetimes.com
October 7, 2025 at 8:53 AM
🔴BBC Laura Kuenssberg Show Accused of Anti-Green Bias After Cancelling Zack Polanski Interview
The new Green leader was the only major party leader not to have been granted an interview on the flagship BBC show after being elected, or during his party conference
bylinetimes.com/2025/10/06/b...
The new Green leader was the only major party leader not to have been granted an interview on the flagship BBC show after being elected, or during his party conference
bylinetimes.com/2025/10/06/b...
Reposted by Pedro Zubieta-Funes
News that shocks no one: Carbon offsets do nothing for climate.
Carbon offsets fail to cut global heating due to ‘intractable’ systemic problems, study says
Analysis of 25 years of evidence shows most schemes are poor quality and fail to lower emissions
www.theguardian.com
October 7, 2025 at 11:43 AM
News that shocks no one: Carbon offsets do nothing for climate.
Argentina is truly suffering under the man Farage and Badenoch admire most on.ft.com/3KFBl3K
Argentines are losing patience with Milei’s economy
Libertarian leader has slashed inflation but austerity and strong peso have stalled activity
on.ft.com
October 7, 2025 at 8:46 PM
Argentina is truly suffering under the man Farage and Badenoch admire most on.ft.com/3KFBl3K
Reposted by Pedro Zubieta-Funes
MI primer acto político fue dejar de comer carne. El segundo, manifestarme por Miguel Angel Blanco. Pero no entendí lo que significa poner el cuerpo por una causa hasta hoy. Mi columna de hoy es un homenaje a los que me lo enseñaron: David Adler y @mushon.bsky.social elpais.com/opinion/2025...
October 6, 2025 at 7:17 AM
MI primer acto político fue dejar de comer carne. El segundo, manifestarme por Miguel Angel Blanco. Pero no entendí lo que significa poner el cuerpo por una causa hasta hoy. Mi columna de hoy es un homenaje a los que me lo enseñaron: David Adler y @mushon.bsky.social elpais.com/opinion/2025...
Reposted by Pedro Zubieta-Funes
“The conversations are most touching when exploring questions of how to live, which Chomsky and Mujica tether to, though never fully reduce to, the political.”
Free Radicals | Sammy Feldblum
Though José Mujica did not publish much writing, his views on life and politics live on through the corpus of interviews.
thebaffler.com
October 4, 2025 at 8:34 PM
“The conversations are most touching when exploring questions of how to live, which Chomsky and Mujica tether to, though never fully reduce to, the political.”
Reposted by Pedro Zubieta-Funes
Terrific weekend essay by @henrymance.bsky.social
How polarised is Britain?
Behind media perceptions of a sharpening political divide is a more complicated picture
www.ft.com
October 5, 2025 at 9:45 AM
Terrific weekend essay by @henrymance.bsky.social
Reposted by Pedro Zubieta-Funes
Ayer leía a alguien decir que por qué Bluesky no se centraba en hacer una red social guay y se dejaba de mierdas de protocolos y descentralización. Es tremendo que ni con dos de las redes más importantes del mundo cayendo en manos de la ultraderecha seamos capaces de tomarnos en serio este tema.
TikTok se vuelve de derechas. La red social de mayor crecimiento en el mundo y la más popular entre los jóvenes, operará finalmente en EE UU bajo una empresa segregada de la matriz china, pero con una junta directiva controlada por la Casa Blanca
Las redes sociales completan su giro a la derecha: “TikTok es decisivo”
La filial estadounidense de TikTok, controlada por empresarios cercanos a Trump, es la gran plataforma que faltaba por colocarse en la órbita de la Casa Blanca
elpais.com
October 4, 2025 at 10:54 AM
Ayer leía a alguien decir que por qué Bluesky no se centraba en hacer una red social guay y se dejaba de mierdas de protocolos y descentralización. Es tremendo que ni con dos de las redes más importantes del mundo cayendo en manos de la ultraderecha seamos capaces de tomarnos en serio este tema.
Japan’s biggest threat is demographic decline, but the LDP still thinks immigration is the real problem.
Fair enough: opening up to foreigners once brought Japan plenty of trouble — like kanji, Zen, and chopsticks.
Fair enough: opening up to foreigners once brought Japan plenty of trouble — like kanji, Zen, and chopsticks.
I won‘t claim to be an expert in Japanese politics but a radical right party doing well in elections and the mainstream right party shifting sharply to the right sounds awfully familiar. Let‘s just say good reasons to believe that this won‘t be great for Japan.
www.independent.co.uk/asia/japan/j...
www.independent.co.uk/asia/japan/j...
Hardline nationalist to become Japan’s first female prime minister
Takaichi is to succeed prime minister Shigeru Ishiba as she wins in run-off against Shinjiro Koizumi
www.independent.co.uk
October 6, 2025 at 5:47 AM
Japan’s biggest threat is demographic decline, but the LDP still thinks immigration is the real problem.
Fair enough: opening up to foreigners once brought Japan plenty of trouble — like kanji, Zen, and chopsticks.
Fair enough: opening up to foreigners once brought Japan plenty of trouble — like kanji, Zen, and chopsticks.
Austeritarianism, $20bn of illegitimate IMF debt, interest rates that reached 80%, a $20bn U.S. bailout, political backing from Bessent, and capital controls—and still the peso fell 7% in the last seven days.
Milei’s predatory casino is backfiring, and Argentina’s economy remains in free fall.
Milei’s predatory casino is backfiring, and Argentina’s economy remains in free fall.
Argentina’s wily currency traders drain Javier Milei’s dollars
Labyrinthine restrictions and chronic instability spawn strategies to profit from foreign exchange policies
on.ft.com
October 5, 2025 at 9:12 AM
Austeritarianism, $20bn of illegitimate IMF debt, interest rates that reached 80%, a $20bn U.S. bailout, political backing from Bessent, and capital controls—and still the peso fell 7% in the last seven days.
Milei’s predatory casino is backfiring, and Argentina’s economy remains in free fall.
Milei’s predatory casino is backfiring, and Argentina’s economy remains in free fall.
Western ‘leaders’ once paraded Greta as a symbol of moral clarity—until she condemned Israel’s genocide. Now they don’t even care about her safety
““They dragged little Greta [Thunberg] by her hair before our eyes, beat her, and forced her to kiss the Israeli flag. They did everything imaginable to her, as a warning to others,” the Turkish activist ErsinÇelik, a participant in the Sumud flotilla, told Anadolu news agency.”+
Israel accused of detaining Greta Thunberg in infested cell and making her hold flags
Activist tells Swedish officials she has been subjected to harsh treatment, including insufficient food and water
www.theguardian.com
October 4, 2025 at 7:01 PM
Western ‘leaders’ once paraded Greta as a symbol of moral clarity—until she condemned Israel’s genocide. Now they don’t even care about her safety
Reposted by Pedro Zubieta-Funes
Coming this spring. press.uchicago.edu/ucp/books/bo...
Against Money
A powerful deconstruction of humanity’s most influential invention, from the acclaimed economists J. W. Mason and Arjun Jayadev. Money is unavoidably fundamental to our daily lives. It lurks behind ...
press.uchicago.edu
September 30, 2025 at 8:34 PM
Coming this spring. press.uchicago.edu/ucp/books/bo...
Reposted by Pedro Zubieta-Funes
RIP Claus Offe 😔 He wrote a lot but this is by far one of the best texts written about trade unions, their structural position and limitations. www.hwiesenthal.de/publik/hw/2l...
www.hwiesenthal.de
October 2, 2025 at 3:39 PM
RIP Claus Offe 😔 He wrote a lot but this is by far one of the best texts written about trade unions, their structural position and limitations. www.hwiesenthal.de/publik/hw/2l...
Da Empoli is becoming a must-read for the EU political class. Yet in his latest piece he writes about an idea that’s been obvious for years: digital moguls and the far right converge structurally and will tolerate no democratic limits. Are those in Brussels only just noticing?
How tech lords and populists changed the rules of power
Digital moguls and strongman leaders are more than disrupters of the old liberal order. Together they seek to sweep it away, writes Giuliano da Empoli
on.ft.com
October 3, 2025 at 11:29 PM
Da Empoli is becoming a must-read for the EU political class. Yet in his latest piece he writes about an idea that’s been obvious for years: digital moguls and the far right converge structurally and will tolerate no democratic limits. Are those in Brussels only just noticing?
Reposted by Pedro Zubieta-Funes
Many people desperately wanted to see Starmer's LPC speech as a new direction on immigration and asylum. Yet, we clearly see a continuation of an approach that basically says Farage is right on policy but morally wrong. Others have tried it, it won't work.
www.theguardian.com/uk-news/2025...
www.theguardian.com/uk-news/2025...
Starmer to end asylum ‘golden ticket’ of resettlement and family reunion rights
People granted asylum will have to earn right to invite family in plan charities call ‘straight from populist playbook’
www.theguardian.com
October 2, 2025 at 8:18 AM
Many people desperately wanted to see Starmer's LPC speech as a new direction on immigration and asylum. Yet, we clearly see a continuation of an approach that basically says Farage is right on policy but morally wrong. Others have tried it, it won't work.
www.theguardian.com/uk-news/2025...
www.theguardian.com/uk-news/2025...
Reposted by Pedro Zubieta-Funes
My heartbreak and horror at the killing and starvation of Gazans does not negate my total support and solidarity with my fellow jewish citizens across the UK against terror. The conflation on display by some politicians and media outlets over the last 24 hours is sickening.
October 3, 2025 at 6:59 AM
My heartbreak and horror at the killing and starvation of Gazans does not negate my total support and solidarity with my fellow jewish citizens across the UK against terror. The conflation on display by some politicians and media outlets over the last 24 hours is sickening.