Tomasz Mickiewicz

@tomekmickiewicz.bsky.social

320 followers 100 following 170 posts

Professor of economics @ Aston University (Birmingham, UK), editor of Entrepreneurship Theory and Practice, fellow of Regional Studies Association.
Once a member of Movement for Defence of Human and Civil Rights, opposing Soviet regime in Poland. .. more

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Economics 40%

Business 37%

Posts Replies Media Videos

Tomasz Mickiewicz @tomekmickiewicz.bsky.social · 1d

US tech stocks dip as traders fret over ‘frothy’ AI valuations - on.ft.com/3M9wf0g

US tech stocks dip as traders fret over ‘frothy’ AI valuations

Nasdaq lower as heavyweights including Nvidia and Microsoft sustain steep falls

on.ft.com

Reposted by Tomasz Mickiewicz

Robin Brooks @robin-j-brooks.bsky.social · 3d

Italy's exports to well-known transshipment hubs like Kyrgyzstan (lhs) and Armenia (rhs) are going through the roof. This is happening more than 3 years after the invasion of Ukraine. You can do this kind of thing, but it makes the EU ineffective as a geopolitical actor. You can't have it both ways.

Reposted by Tomasz Mickiewicz

Carl Quintanilla @carlquintanilla.bsky.social · 4d

NYT: “.. The Trump Organization is in talks that could bring a Trump-branded property to one of Saudi Arabia’s largest government-owned real estate developments .. the latest example of Mr. Trump blending governance and family business ..”

@nytimes.com
www.nytimes.com/2025/11/15/w...

Tomasz Mickiewicz @tomekmickiewicz.bsky.social · 6d

Prof. Rodriguez-Pose asks to which extent size of cities matters, at Regional Studies Associaton conference. Bigger needs not to be better, and density may destroy social capital (and more lessons)

Tomasz Mickiewicz @tomekmickiewicz.bsky.social · 6d

German industry once the economic powerhouse of Europe is now being hit from multiple directions. The latest assault comes from US bend to hit its closest allies on.ft.com/4p5sjvP

Can anything halt the decline of German industry?

Europe’s manufacturing champion is in free fall. Economists are suggesting radical steps to save what is left

on.ft.com

Reposted by Simon Hix

Tomasz Mickiewicz @tomekmickiewicz.bsky.social · 7d

The Economic Impact of Brexit on GDP seems to be - 6% to - 8% till 2025. Impact on investment is even larger. share.google/30UFNyXkw2M5...

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...

share.google

Tomasz Mickiewicz @tomekmickiewicz.bsky.social · 15d

"Campaigns aimed at anti-elite candidates can unintentionally mobilize support for them" www.nber.org/papers/w3443...

Political Information and Network Effects

www.nber.org

Tomasz Mickiewicz @tomekmickiewicz.bsky.social · 16d

There is a point for a country, when self-inflicted decline in soft power translates into decline in hard power. The latter depends on how many close allies a country has.

US passport lost significantly in terms of its value measured by visa free entry worldwide.

www.economist.com/graphic-deta...

The world’s most—and least—powerful passports

Americans’ travel documents aren’t as muscular as they used to be

www.economist.com

Tomasz Mickiewicz @tomekmickiewicz.bsky.social · 19d

"Mr Putin’s initial war boom has now given way to stagflation, with growth at almost zero, labour shortages, hidden bad debts, inflation of 8% and interest rates of 16.5%. Another half-decade of this would probably trigger an economic and banking crisis in Russia." www.economist.com/leaders/2025...

Why funding Ukraine is a giant opportunity for Europe

The bill will be huge. It is also a historic bargain

www.economist.com

Reposted by Tomasz Mickiewicz

The Insider @theins.press · 20d

Germany plans €377B in defense procurements as Kremlin bot network spreads fake story about Chancellor Merz’s wife buying Rheinmetall shares

A new disinfo campaign flagged by @antibot4navalny.bsky.social is spreading videos posing as @bellingcat.com, The Telegraph, and German tabloid Bild.

Germany plans €377B in defense procurements as Kremlin bot network spreads fake story about Chancellor Merz’s wife buying Rheinmetall shares

Germany has drawn up plans to procure land, air, naval, space, and cyber weapons worth €377 billion, according to an internal government document reviewed by Politico. The outlays are set to be includ...

theins.press

Reposted by Tomasz Mickiewicz

Igor Sushko @igorsushko.bsky.social · 22d

Russia: Lukoil is now down 20% and Rosneft 13% over the rolling 5 day period.

Tomasz Mickiewicz @tomekmickiewicz.bsky.social · 23d

"Without the Musk partisan effect, Tesla sales between October 2022 and April 2025 would have been 67-83% higher, equivalent to 1-1.26 million more vehicles. Musk’s partisan activities also increased the sales of other automakers' electric and hybrid vehicles 17-22%" www.nber.org/papers/w3441...

The Musk Partisan Effect on Tesla Sales

www.nber.org

Reposted by Tomasz Mickiewicz, Iikka Korhonen, Henry Jones

Joey Politano🏳️‍🌈 @josephpolitano.bsky.social · 26d

US goods prices are reaccelerating amidst the trade war—goods inflation is at the highest level in more than two years, with prices for all goods rising 1.9% over the last year & prices for durables rising 1.8%

Reposted by Tomasz Mickiewicz

Tero Kuittinen @teroterotero.bsky.social · 29d

The last time America hit 12% credit card delinquency rate, the country was deep in the middle of a major financial crisis that threatened to unravel the entire banking system

Reposted by Tomasz Mickiewicz, Scott A. Imberman, Greg Linden

Colby Smith @colbylsmith.bsky.social · Oct 20

New w/ @bencasselman.bsky.social: Wealthy Americans, buoyed by a booming stock market, are spending freely. Lower-income households, stung by inflation and a slowing labor market, are pulling back

www.nytimes.com/2025/10/19/b... @nytimes.com

Reposted by Tomasz Mickiewicz

The Moscow Times @themoscowtimes.com · Oct 17

A record $50-billion payment from Russia to shareholders of dismantled oil giant Yukos remains in force after the Dutch Supreme Court on Friday quashed a Russian appeal, ending a long-running legal saga.

Dutch Supreme Court Upholds $50Bln Payment in Yukos Case - The Moscow Times

www.themoscowtimes.com

Reposted by Iikka Korhonen

Tomasz Mickiewicz @tomekmickiewicz.bsky.social · Oct 13

Both Italy and US are not on the sustainable fiscal paths, but that data shows that US is actually in worse shape than Italy, when the fiscal gap is properly measured... www.nber.org/papers/w3434...

Measuring What Matters: Why Italy May Be in Better Fiscal Shape than the US

www.nber.org

Tomasz Mickiewicz @tomekmickiewicz.bsky.social · Oct 10

Welcome to Europe. There is space here for best development economists around.

Florian Scheuer @florianscheuer.bsky.social · Oct 10

I am delighted to share that Nobel laureates Esther Duflo and Abhijit Banerjee will join our Department of Economics @econ.uzh.ch at the University of Zurich on July 1, 2026, as Lemann Foundation Professors of Economics.

🧵 1/7

Reposted by Dani Rodrik, Stephen M. Walt, Cas Mudde , and 51 more Dani Rodrik, Stephen M. Walt, Cas Mudde, Ben H. Ansell, Jan W. Mueller, Guntram B. Wolff, Christian Odendahl, Richard S.J. Tol, Colin F. Camerer, Robbert Sanderman, David Brady, Gabriel Felbermayr, Steven Van de Walle, Tomasz Mickiewicz, Alistair Munro, Michael A. Clemens, Cyrus Samii, Lucas Leemann, Francesco Saraceno, Laia Balcells, Andrew Curry, Paul Lehmann, Guy Grossman, John Mullahy, Joshua Goodman, David Dorn, Ingo Rohlfing, Daniel W. Drezner, Iikka Korhonen, Robert C. Richards, Aaron Sojourner, Daniel Huppmann, Julia Lynch, Rita Hamad, Stephen D. Murphy, Nazita Lajevardi, Stacy D. VanDeveer, Miguel Á. Malo, Henry Farrell, Dean Eckles, Maria Abreu, Dana R. Fisher, Jason Lyall, Brian Weatherson, Brooke Harrington, Bård Harstad, Christina Pagel, Jürgen Janger, Nicolai von Ondarza, Karsten Mäuse, Dietmar Fehr, Bartosz Bartkowski, Adam Tooze, Anita Gohdes

Florian Scheuer @florianscheuer.bsky.social · Oct 10

Tomasz Mickiewicz @tomekmickiewicz.bsky.social · Oct 9

There is no single market in Europe. But it can be created and that would help. on.ft.com/3WuJjiR via @FT

Europe’s greatest asset is Europe — let’s use it

There are immediate steps that we can take to consolidate our single market

on.ft.com

Reposted by Tomasz Mickiewicz

NewsGuard @newsguard.bsky.social · Oct 9

“By infecting AI models, Russia is rewriting history for everyone around the world in real time,” writes NewsGuard co-CEO Gordon Crovitz in his Reality Check Commentary.

Read it here:
www.newsguardrealitycheck.com/p/ai-models-...

AI Models Need to be Disinfected — Or George Orwell’s “1984” Will Come True

Commentary by NewsGuard Co-CEO Gordon Crovitz

www.newsguardrealitycheck.com

Reposted by Tomasz Mickiewicz

Carl Quintanilla @carlquintanilla.bsky.social · Oct 7

“.. Lower population growth as the president presses ahead with mass deportations will knock between 0.5 and one percentage points off America’s GDP growth between mid-2025 and mid-2026, according to S&P Global Ratings.”

@telegraphnews.bsky.social
www.telegraph.co.uk/business/202...

Reposted by Tomasz Mickiewicz

Mike Eckel @mikeeckel.bsky.social · Oct 7

"Russia’s oil refineries are a bit like a man who is being repeatedly punched. He will not die from one punch, or even half a dozen punches. But it becomes harder and harder for him to recover after each subsequent blow."
carnegieendowment.org/russia-euras...

Have Ukrainian Drones Really Knocked Out 38% of Russia’s Oil Refining Capacity?

Kyiv’s unprecedented strike campaign on Russian oil refineries has inflicted serious—but likely not critical—damage on the country’s ability to produce fuel.

carnegieendowment.org

Tomasz Mickiewicz @tomekmickiewicz.bsky.social · Oct 6

Inflation down in Euro area (2.0% compared to 2.2% year ago), and the same as year ago in the EU (2.4%). ec.europa.eu/eurostat/en/...

Annual inflation stable at 2.0% in the euro area

Overview The euro area annual inflation rate was 2.0% in August 2025, stable compared to July. A year earlier, the rate was 2.2%. European Union annual inflation was 2.4% in August 2025, stable compar...

ec.europa.eu

Tomasz Mickiewicz @tomekmickiewicz.bsky.social · Oct 6

Broad tariffs downsides: "Efficiency losses would approach one-third of revenues raised, the tax system would be less progressive, and there would be serious tax administration concerns. ... Broad tariffs generate a large negative supply shock ..." www.nber.org/papers/w3419...

Tariffs as Fiscal Policy

www.nber.org

Reposted by Tomasz Mickiewicz

Tom Calver @tomcalver.bsky.social · Sep 28

NEW: Since the start of the Ukraine invasion, 17 out of 27 EU nations have spent more on Russian oil and gas than they’ve sent to Ukraine in aid!

Despite an oil embargo, Europe is still sending £1bn a month on Russian energy.

This week’s column:

www.thetimes.com/article/dd9d...

Reposted by Tomasz Mickiewicz

Igor Sushko @igorsushko.bsky.social · Sep 26

Russia: Fuel crisis is spreading rapidly and has now reached Lipetsk region, located north of Voronezh and south of Moscow.

Reposted by Tomasz Mickiewicz

Anne Applebaum @anneapplebaum.bsky.social · Sep 24

The US is a major importer of Indian products made of Russian oil @npr.org
www.npr.org/2025/09/08/n...

The U.S. is a major importer of Indian products made from Russian oil

The United States imports oil products from India's Reliance Industries refinery, which sources nearly half its oil from Russia.

www.npr.org

Reposted by Tomasz Mickiewicz

Iikka Korhonen @iikkakorhonen.bsky.social · Sep 24

Quite significant downward revisions of #Russia GDP forecasts.

In 2025 from 2.5% to 1%
In 2026 from 2.4% to 1.3%

Jason Corcoran @jasoncorcoran.bsky.social · Sep 24

Russia's Ministry of Economic Development today significantly downgraded its forecast for the Russian economy.
● Kommersant, the business newspaper, published and immediately deleted the news item as it hadn't been made public. Source: @the_ins_ru
theins.ru/news/285214?