Basak Kus
@basakkus.bsky.social
Wesleyan prof. OUP author. SER editor. PhD, UC Berkeley. I write about political economy, public policy, state, finance, climate, American politics. New Haven. NYC.
Reposted by Basak Kus
It’s been 20 years and, as always happens, people have forgotten again that financial markets are inherently prone to collapse. It looks superficially different every time so we can con ourselves into believing otherwise
@profhilaryallen.bsky.social on the risky confluence of an AI bubble fueled by highly leveraged non-bank financial institutions and the integration of crypto -- an asset highly correlated with the stock market -- into traditional financial markets
Will the AI Bubble Trigger a Financial Crisis?
Hilary J. Allen explains how dashed hopes for the technology could trigger a dangerous chain reaction.
www.project-syndicate.org
October 18, 2025 at 10:30 PM
It’s been 20 years and, as always happens, people have forgotten again that financial markets are inherently prone to collapse. It looks superficially different every time so we can con ourselves into believing otherwise
I finally got around to reading @jonasmeckling.bsky.social's Nature article "The geoeconomic turn in decarbonization" and it is a must read!
www.nature.com/articles/s41...
www.nature.com/articles/s41...
Client Challenge
www.nature.com
October 14, 2025 at 1:31 PM
I finally got around to reading @jonasmeckling.bsky.social's Nature article "The geoeconomic turn in decarbonization" and it is a must read!
www.nature.com/articles/s41...
www.nature.com/articles/s41...
Reposted by Basak Kus
“Chinese overseas FDI is nearing $100 billion per year. The Marshall Plan was $200b—and locked Europe into US tech and standards. When we see sums of this size, we can ask whether it will have a similar effect on the globe.”
NEW: @70sbachchan.bsky.social & @mathiaslarsen.bsky.social on the BRI 2.0
NEW: @70sbachchan.bsky.social & @mathiaslarsen.bsky.social on the BRI 2.0
September 20, 2025 at 5:48 PM
“Chinese overseas FDI is nearing $100 billion per year. The Marshall Plan was $200b—and locked Europe into US tech and standards. When we see sums of this size, we can ask whether it will have a similar effect on the globe.”
NEW: @70sbachchan.bsky.social & @mathiaslarsen.bsky.social on the BRI 2.0
NEW: @70sbachchan.bsky.social & @mathiaslarsen.bsky.social on the BRI 2.0
This year, the College of the Environment think tank at Wes will focus on “Risk and Uncertain Futures: Responding to Global Disruptions.” We've exciting events in the works and are thrilled to welcome Tim Sahay as our distinguished fellow!
@70sbachchan.bsky.social @wesleyanuniversity.bsky.social
@70sbachchan.bsky.social @wesleyanuniversity.bsky.social
August 22, 2025 at 6:40 PM
This year, the College of the Environment think tank at Wes will focus on “Risk and Uncertain Futures: Responding to Global Disruptions.” We've exciting events in the works and are thrilled to welcome Tim Sahay as our distinguished fellow!
@70sbachchan.bsky.social @wesleyanuniversity.bsky.social
@70sbachchan.bsky.social @wesleyanuniversity.bsky.social
Reposted by Basak Kus
We're now inviting proposals for the New Thinking in Industrial Policy Conference, November 6–7, 2025, at Columbia University!
It is a great opportunity to present and discuss the latest research on industrial policy across the social sciences.
It is a great opportunity to present and discuss the latest research on industrial policy across the social sciences.
Call for papers! 3rd New Thinking in Industrial Policy Conference at Columbia, Nov. 6-7, 2025. Submit here by Sept. 12: docs.google.com/forms/d/e/1F.... Conf page: cdep.sipa.columbia.edu/content/new-.... Hosts:
@ipdcolumbia.bsky.social, @cdepcolumbia.bsky.social, @columbiaigp.bsky.social, CPE.
@ipdcolumbia.bsky.social, @cdepcolumbia.bsky.social, @columbiaigp.bsky.social, CPE.
August 7, 2025 at 7:02 PM
We're now inviting proposals for the New Thinking in Industrial Policy Conference, November 6–7, 2025, at Columbia University!
It is a great opportunity to present and discuss the latest research on industrial policy across the social sciences.
It is a great opportunity to present and discuss the latest research on industrial policy across the social sciences.
Hello folks, we are hiring in the area of global justice (potential research areas include human rights, international inequality, migration, global health, the environment, international law, or the erosion of democracy).
Here is the ad: wesleyan.wd5.myworkdayjobs.com/en-US/career...
Here is the ad: wesleyan.wd5.myworkdayjobs.com/en-US/career...
Assistant Professor of Government
Wesleyan University Rank: Assistant Professor Subfield(s): Open Wesleyan University's Department of Government invites applicants for a tenure-track Assistant Professor of Government beginning July 1,...
wesleyan.wd5.myworkdayjobs.com
August 5, 2025 at 12:49 AM
Hello folks, we are hiring in the area of global justice (potential research areas include human rights, international inequality, migration, global health, the environment, international law, or the erosion of democracy).
Here is the ad: wesleyan.wd5.myworkdayjobs.com/en-US/career...
Here is the ad: wesleyan.wd5.myworkdayjobs.com/en-US/career...
Reposted by Basak Kus
A new blog post by Director of Industrial Policy and Trade @toddntucker.com breaks down what’s really at stake from the tariff court hearing—and why the outcome could shape economic policymaking for years.
Read more 📄 rooseveltinstitute.org/blog/c...
Read more 📄 rooseveltinstitute.org/blog/c...
In Constitutional Clash Between Trump and Courts on Tariffs, Risks Ahead for Progressive Policies - Roosevelt Institute
Today, the US Court of Appeals for the Federal Circuit heard oral arguments in two lawsuits brought against the Trump administration’s chaotic deployment of tariffs. To some observers, these cases may seem like arcane, boring trade law in a federal court that few have heard of. To others, the lawsuits represent an opportunity to resist Trump and fight his overreach on tariff hikes that are already starting to pinch consumers’ wallets. But it’s important to step back and look at some less obvious stakes in these disputes: Namely, what kind of powers do or should presidents have in the future to deal with economic emergencies?
rooseveltinstitute.org
August 1, 2025 at 5:01 PM
A new blog post by Director of Industrial Policy and Trade @toddntucker.com breaks down what’s really at stake from the tariff court hearing—and why the outcome could shape economic policymaking for years.
Read more 📄 rooseveltinstitute.org/blog/c...
Read more 📄 rooseveltinstitute.org/blog/c...
Reposted by Basak Kus
“The postwar order rested on three pillars: American hegemony, the fossil-fuel energy system, and an open, multilateral trading order. America has now attacked each pillar at the foundation of its hydrocarbon global order.” —
New: @katemac.bsky.social & I
www.phenomenalworld.org/analysis/bri...
New: @katemac.bsky.social & I
www.phenomenalworld.org/analysis/bri...
July 5, 2025 at 9:18 PM
“The postwar order rested on three pillars: American hegemony, the fossil-fuel energy system, and an open, multilateral trading order. America has now attacked each pillar at the foundation of its hydrocarbon global order.” —
New: @katemac.bsky.social & I
www.phenomenalworld.org/analysis/bri...
New: @katemac.bsky.social & I
www.phenomenalworld.org/analysis/bri...
My brilliant colleague and friend Sonali Chakravarti (who's not here) wrote about I'm Still Here. It's a lovely piece.
@publicseminar.bsky.social
publicseminar.org/2025/04/im-s...
@publicseminar.bsky.social
publicseminar.org/2025/04/im-s...
In I’m Still Here, a Mother Refuses to Let a Dictatorship Rewrite Reality - Public Seminar
Sonali Chakravarti reviews I'M STILL HERE, and discusses the importance of fighting for a full life under fascism.
publicseminar.org
April 9, 2025 at 3:39 PM
My brilliant colleague and friend Sonali Chakravarti (who's not here) wrote about I'm Still Here. It's a lovely piece.
@publicseminar.bsky.social
publicseminar.org/2025/04/im-s...
@publicseminar.bsky.social
publicseminar.org/2025/04/im-s...
Full special issue out today: Greening the Economy: Toward a New Political Economy: onlinelibrary.wiley.com/toc/17485991...
See the open access article by GJ and yours truly: "Green Transitions: Rethinking Political Economy in the Context of Climate Change": onlinelibrary.wiley.com/doi/10.1111/...
See the open access article by GJ and yours truly: "Green Transitions: Rethinking Political Economy in the Context of Climate Change": onlinelibrary.wiley.com/doi/10.1111/...
Green Transitions: Rethinking Political Economy in the Context of Climate Change
Although political economy (PE) has long engaged with environmental issues, climate change has remained at the margins of the field until very recently. This article argues that fully addressing the ....
onlinelibrary.wiley.com
April 8, 2025 at 2:57 PM
Full special issue out today: Greening the Economy: Toward a New Political Economy: onlinelibrary.wiley.com/toc/17485991...
See the open access article by GJ and yours truly: "Green Transitions: Rethinking Political Economy in the Context of Climate Change": onlinelibrary.wiley.com/doi/10.1111/...
See the open access article by GJ and yours truly: "Green Transitions: Rethinking Political Economy in the Context of Climate Change": onlinelibrary.wiley.com/doi/10.1111/...
Reposted by Basak Kus
#Specialissue #Greentransitions #Politicaleconomy
'Green Transitions: Rethinking Political Economy in the Context of Climate Change'
by @basakkus.bsky.social & Gregory Jackson
See special issue introduction 👇
onlinelibrary.wiley.com/doi/full/10....
'Green Transitions: Rethinking Political Economy in the Context of Climate Change'
by @basakkus.bsky.social & Gregory Jackson
See special issue introduction 👇
onlinelibrary.wiley.com/doi/full/10....
April 8, 2025 at 12:56 PM
#Specialissue #Greentransitions #Politicaleconomy
'Green Transitions: Rethinking Political Economy in the Context of Climate Change'
by @basakkus.bsky.social & Gregory Jackson
See special issue introduction 👇
onlinelibrary.wiley.com/doi/full/10....
'Green Transitions: Rethinking Political Economy in the Context of Climate Change'
by @basakkus.bsky.social & Gregory Jackson
See special issue introduction 👇
onlinelibrary.wiley.com/doi/full/10....
Ah! I forgot about THIS amazing paper by @trgn.bsky.social and Luuk Schmitz. You want to know what the divestments and losses involved with decarbonization mean for the regulatory state? Make sure to read it!
@reggovjournal.bsky.social
onlinelibrary.wiley.com/doi/epdf/10....
@reggovjournal.bsky.social
onlinelibrary.wiley.com/doi/epdf/10....
Picking Losers: Climate Change and Managed Decline in the European Union
You have to enable JavaScript in your browser's settings in order to use the eReader.
onlinelibrary.wiley.com
March 6, 2025 at 5:09 PM
Ah! I forgot about THIS amazing paper by @trgn.bsky.social and Luuk Schmitz. You want to know what the divestments and losses involved with decarbonization mean for the regulatory state? Make sure to read it!
@reggovjournal.bsky.social
onlinelibrary.wiley.com/doi/epdf/10....
@reggovjournal.bsky.social
onlinelibrary.wiley.com/doi/epdf/10....
Check out these two wonderful papers! It’s not just about carbon in the West—what’s happening in other regions of the world? Renato Lima de Oliveira and Pieter Stek on carbon markets in Brazil, Indonesia, and Malaysia.
@reggovjournal.bsky.social
onlinelibrary.wiley.com/doi/full/10....
@reggovjournal.bsky.social
onlinelibrary.wiley.com/doi/full/10....
The Development of Carbon Markets in Upper‐Middle‐Income Countries
Upper-middle-income economies face a specific set of trade-offs when reducing carbon emissions, which differ from the trade-offs faced in low- and high-income economies. To mobilize domestic funds, m...
onlinelibrary.wiley.com
March 5, 2025 at 3:15 PM
Check out these two wonderful papers! It’s not just about carbon in the West—what’s happening in other regions of the world? Renato Lima de Oliveira and Pieter Stek on carbon markets in Brazil, Indonesia, and Malaysia.
@reggovjournal.bsky.social
onlinelibrary.wiley.com/doi/full/10....
@reggovjournal.bsky.social
onlinelibrary.wiley.com/doi/full/10....
As part of our special issue on the political economy of climate change, Gregory Jackson and I invited essays from three senior scholars to discuss the issue from perspectives they believe need to be addressed: Jens Beckert, Kathryn Hochstetler, and Neil Fligstein.
February 28, 2025 at 8:55 PM
As part of our special issue on the political economy of climate change, Gregory Jackson and I invited essays from three senior scholars to discuss the issue from perspectives they believe need to be addressed: Jens Beckert, Kathryn Hochstetler, and Neil Fligstein.
@reggovjournal.bsky.social has arrived on Bsky. Hello hello!
February 14, 2025 at 3:09 AM
@reggovjournal.bsky.social has arrived on Bsky. Hello hello!
Another paper out from our special issue on Greening the Economy. @joseatiles.bsky.social and David Whyte examine the role of "regulatory havens" in climate change by looking at fossil capital in the Caribbean. Read here: onlinelibrary.wiley.com/doi/full/10....
February 13, 2025 at 7:40 PM
Another paper out from our special issue on Greening the Economy. @joseatiles.bsky.social and David Whyte examine the role of "regulatory havens" in climate change by looking at fossil capital in the Caribbean. Read here: onlinelibrary.wiley.com/doi/full/10....
In May, we will convene in Berkeley for a 2-day conference to honor Neil Fligstein, our retiring mentor, and discuss recent developments in economic sociology and political economy. Many thanks to Berkeley Economy and Society Initiative and the Dept of Sociology.
sites.google.com/berkeley.edu...
sites.google.com/berkeley.edu...
January 22, 2025 at 12:00 AM
In May, we will convene in Berkeley for a 2-day conference to honor Neil Fligstein, our retiring mentor, and discuss recent developments in economic sociology and political economy. Many thanks to Berkeley Economy and Society Initiative and the Dept of Sociology.
sites.google.com/berkeley.edu...
sites.google.com/berkeley.edu...
Reading @bartbonikowski.bsky.social "Three Lessons..." this morning in preparation for a discussion with my students this afternoon. I appreciate his argument that populism must be examined "in the full range of its empirical manifestations, not just in electoral politics..."
January 16, 2025 at 4:25 PM
Reading @bartbonikowski.bsky.social "Three Lessons..." this morning in preparation for a discussion with my students this afternoon. I appreciate his argument that populism must be examined "in the full range of its empirical manifestations, not just in electoral politics..."
We cannot wait to hear about @julietschor.bsky.social's new research on companies implementing four-day work trials. I am especially excited to see how it connects to her earlier work, starting with The Overworked American, and her recent writing on climate change and degrowth.
January 14, 2025 at 5:32 PM
We cannot wait to hear about @julietschor.bsky.social's new research on companies implementing four-day work trials. I am especially excited to see how it connects to her earlier work, starting with The Overworked American, and her recent writing on climate change and degrowth.
This week in my class: Lebovic on Espionage Act, D.Stuart on the 1947 NSA, @lisastampnitzky.bsky.social on experts and terrorism, @davidcole-gtown.bsky.social Enemy Aliens, @nadiamarzouki.bsky.social -Islam:An American Religion, Ackerman-Before the Next Attack. Every single one of them, must read
January 13, 2025 at 5:43 PM
This week in my class: Lebovic on Espionage Act, D.Stuart on the 1947 NSA, @lisastampnitzky.bsky.social on experts and terrorism, @davidcole-gtown.bsky.social Enemy Aliens, @nadiamarzouki.bsky.social -Islam:An American Religion, Ackerman-Before the Next Attack. Every single one of them, must read
Look look! @bycatherineegan.bsky.social has a new book out.
January 8, 2025 at 3:45 AM
Look look! @bycatherineegan.bsky.social has a new book out.
2024 was an exciting year for me. My book Disembedded: Regulation, Crisis, and Democracy in the Age of Finance came out. global.oup.com/academic/pro...
global.oup.com
January 3, 2025 at 7:36 AM
2024 was an exciting year for me. My book Disembedded: Regulation, Crisis, and Democracy in the Age of Finance came out. global.oup.com/academic/pro...
Reposted by Basak Kus
Update: this list has now 100 (!) women political economists to follow! 🤩
Thanks so much for the (self-)recommendations, I'm thrilled to connect and reconnect with you all here & so looking forward to learning more about your work!
Still 50 spots open! 🙋
go.bsky.app/QFrdfh3
Thanks so much for the (self-)recommendations, I'm thrilled to connect and reconnect with you all here & so looking forward to learning more about your work!
Still 50 spots open! 🙋
go.bsky.app/QFrdfh3
November 27, 2024 at 1:40 PM
Update: this list has now 100 (!) women political economists to follow! 🤩
Thanks so much for the (self-)recommendations, I'm thrilled to connect and reconnect with you all here & so looking forward to learning more about your work!
Still 50 spots open! 🙋
go.bsky.app/QFrdfh3
Thanks so much for the (self-)recommendations, I'm thrilled to connect and reconnect with you all here & so looking forward to learning more about your work!
Still 50 spots open! 🙋
go.bsky.app/QFrdfh3
Looking forward to this! What should I ask Paul?
November 27, 2024 at 4:19 PM
Looking forward to this! What should I ask Paul?
Reposted by Basak Kus
📢 CfP: The #climate crisis leads to unprecedented losses & damages to real and financial #assets. But the dynamics and consequences of asset stranding are poorly understood. That´s why @trgn.bsky.social, @pgolka.bsky.social and I put together a special issue with SER academic.oup.com/ser/pages/cf...
Call for Papers: The socio-economics of loss and decline in the climate crisis
Special issue for Socio-Economic Review
Guest Editors:
Valentina Ausserladscheider, University of Vienna, (valentina.ausserladscheider@univie.ac.at),
Timur Er
academic.oup.com
November 22, 2024 at 10:26 AM
📢 CfP: The #climate crisis leads to unprecedented losses & damages to real and financial #assets. But the dynamics and consequences of asset stranding are poorly understood. That´s why @trgn.bsky.social, @pgolka.bsky.social and I put together a special issue with SER academic.oup.com/ser/pages/cf...