Dan Cohen
@dancohen.bsky.social
Critical urban and economic geographer studying the marketization of education and other social institutions (he/him). https://scholar.google.ca/citations?user=S265d9kAAAAJ&hl=en
Reposted by Dan Cohen
"Egan-Jones has just 20 or so analysts and managed to issue more than 3,600 ratings last year alone"
That's ... 0.7 ratings per analyst per working day. Good luck to all involved.
That's ... 0.7 ratings per analyst per working day. Good luck to all involved.
The new crop of rating agencies behind the private credit boom
Regulators and bankers are sounding the alarm about an explosion in privately-rated securities
www.ft.com
November 10, 2025 at 8:18 AM
"Egan-Jones has just 20 or so analysts and managed to issue more than 3,600 ratings last year alone"
That's ... 0.7 ratings per analyst per working day. Good luck to all involved.
That's ... 0.7 ratings per analyst per working day. Good luck to all involved.
Reposted by Dan Cohen
So it turns out... the US air travel system was incredibly, deeply dependent on federal funding to just run day-to-day all this time, to the benefit of private airline shareholders, when everyone thinks that state-run trains are leeching off the government. Weird!
November 9, 2025 at 12:10 AM
So it turns out... the US air travel system was incredibly, deeply dependent on federal funding to just run day-to-day all this time, to the benefit of private airline shareholders, when everyone thinks that state-run trains are leeching off the government. Weird!
Reposted by Dan Cohen
bro are you fucking kidding me
![quote from the Economist article which says "[study authors] are now looking at whether AI facial analysis can give lenders useful clues about a person’s propensity to repay loans. For people without access to credit, that could be a blessing."](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:6ofjbklfvptnupad4lxumblw/bafkreia3yctiqd7ejumpd6novxjpiycphtfkc3bdgd573jw37faqdl7o7m@jpeg)
November 6, 2025 at 5:59 PM
bro are you fucking kidding me
Canadians are being asked to make sacrifices for a budget that meets the moment. Apparently that means cutbacks to services to fund $1 billion to "support new and emerging fund managers" and to incentivize pension funds into investing in venture capital. Austerity for thee, largesse for finance.
November 6, 2025 at 12:07 PM
Canadians are being asked to make sacrifices for a budget that meets the moment. Apparently that means cutbacks to services to fund $1 billion to "support new and emerging fund managers" and to incentivize pension funds into investing in venture capital. Austerity for thee, largesse for finance.
The de-risking state lives!
Canada's new budget includes $2 billion for "equity investments, loan guarantees, and offtake agreements [for] critical minerals." Will be interesting the mix of uses and what equity investments entail.
@danielagabor.bsky.social
www.miningweekly.com/article/cana...
Canada's new budget includes $2 billion for "equity investments, loan guarantees, and offtake agreements [for] critical minerals." Will be interesting the mix of uses and what equity investments entail.
@danielagabor.bsky.social
www.miningweekly.com/article/cana...
Canada launches C$2bn Critical Minerals Sovereign Fund
Canada will establish a $2-billion Critical Minerals Sovereign Fund to accelerate investment in strategic mining projects and strengthen national security supply chains, Finance Minister François-Phil...
www.miningweekly.com
November 5, 2025 at 5:18 PM
The de-risking state lives!
Canada's new budget includes $2 billion for "equity investments, loan guarantees, and offtake agreements [for] critical minerals." Will be interesting the mix of uses and what equity investments entail.
@danielagabor.bsky.social
www.miningweekly.com/article/cana...
Canada's new budget includes $2 billion for "equity investments, loan guarantees, and offtake agreements [for] critical minerals." Will be interesting the mix of uses and what equity investments entail.
@danielagabor.bsky.social
www.miningweekly.com/article/cana...
Did not know that Zohran's dad was college roommates with former Canadian Liberal party leader Michael Ignatieff.
November 5, 2025 at 3:03 PM
Did not know that Zohran's dad was college roommates with former Canadian Liberal party leader Michael Ignatieff.
Reposted by Dan Cohen
good morning specifically to the FBI agent who introduced Mamdani’s dad to Marx
November 5, 2025 at 2:21 PM
good morning specifically to the FBI agent who introduced Mamdani’s dad to Marx
Reposted by Dan Cohen
On the surface, this is great. But without adequate funding for university operating budgets - a provincial responsibility - this may actually result in more program cuts, not fewer.
Globe & Mail reports “the budget is expected to include up to $1-billion to attract high-quality talent and researchers from the United States and elsewhere”
So far hospitals and universities have been going it alone….
www.ctvnews.ca/health/artic...
@ctvnews-mirror.bsky.social
So far hospitals and universities have been going it alone….
www.ctvnews.ca/health/artic...
@ctvnews-mirror.bsky.social
November 4, 2025 at 4:36 PM
On the surface, this is great. But without adequate funding for university operating budgets - a provincial responsibility - this may actually result in more program cuts, not fewer.
Reposted by Dan Cohen
This is quite a story: the US employed every strongarm tactic available, including personal threats against delegates and their families, to derail an agreement on reducing shipping emissions that was almost finalized. on.ft.com/47lq3dZ
November 3, 2025 at 2:11 PM
This is quite a story: the US employed every strongarm tactic available, including personal threats against delegates and their families, to derail an agreement on reducing shipping emissions that was almost finalized. on.ft.com/47lq3dZ
Reposted by Dan Cohen
🚨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 4:50 PM
🚨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...
Reposted by Dan Cohen
Players with 30+ hits in a single MLB playoff run:
Ernie Clement
That's it.
Ernie Clement
That's it.
November 2, 2025 at 2:57 AM
Players with 30+ hits in a single MLB playoff run:
Ernie Clement
That's it.
Ernie Clement
That's it.
Reposted by Dan Cohen
And if you reckon banks have moderated their behaviour post-financial crisis, get this: US loans to private equity and credit funds have jumped by 60 per cent between the fourth quarter of 2024 and the second quarter of this year. To almost half a trillion dollars.
Why I love the IMF global financial stability report ft.trib.al/X0SfWSV | opinion
Why I love the IMF global financial stability report
It’s the best publication for investors — but the latest issue makes spooky reading
ft.trib.al
October 31, 2025 at 11:08 AM
And if you reckon banks have moderated their behaviour post-financial crisis, get this: US loans to private equity and credit funds have jumped by 60 per cent between the fourth quarter of 2024 and the second quarter of this year. To almost half a trillion dollars.
Reposted by Dan Cohen
Cheating with an LLM is the easiest thing in the world for a student to do, but it creates a massive, laborious headache for a prof, if you intend to take it seriously. There’s meetings, emails, discussions, moral dilemmas. It’s just incredibly burdensome, on top of everything else right now.
I had 9 meetings about students using Chat GPT/LLMs on their papers today.
If you want to know why professors burn out, ask anyone trying to teach critical thinking and writing skills to Freshmen....
If you want to know why professors burn out, ask anyone trying to teach critical thinking and writing skills to Freshmen....
October 28, 2025 at 12:55 PM
Cheating with an LLM is the easiest thing in the world for a student to do, but it creates a massive, laborious headache for a prof, if you intend to take it seriously. There’s meetings, emails, discussions, moral dilemmas. It’s just incredibly burdensome, on top of everything else right now.
Reposted by Dan Cohen
The government of Jamaica has set up a portal for contributing to official relief efforts. I will update this thread if anything analogous opens up for Haiti, Cuba, or the DR
supportjamaica.gov.jm
supportjamaica.gov.jm
Support Jamaica
supportjamaica.gov.jm
October 28, 2025 at 5:08 PM
The government of Jamaica has set up a portal for contributing to official relief efforts. I will update this thread if anything analogous opens up for Haiti, Cuba, or the DR
supportjamaica.gov.jm
supportjamaica.gov.jm
Back home in Toronto in the same bar I watched a lot of the Raptors championship run. May have arrived ridiculously early to grab a prime seat 🤣
October 27, 2025 at 11:13 PM
Back home in Toronto in the same bar I watched a lot of the Raptors championship run. May have arrived ridiculously early to grab a prime seat 🤣
Reposted by Dan Cohen
I'm trying to understand this world wherein Ronald Reagan is a Canadian hero.
October 27, 2025 at 3:46 PM
I'm trying to understand this world wherein Ronald Reagan is a Canadian hero.
Reposted by Dan Cohen
When central banks were asked to "do smth" about climate, the Fed sat it out, the ECB experimented then retreated but the PBOC planned green and brown money at scale. geoeconomic.substack.com/p/central-ba...
Central Banking for the End of Times
Frankfurt measured the risk, Beijing moved the money, and Washington looked away.
geoeconomic.substack.com
October 27, 2025 at 8:58 AM
When central banks were asked to "do smth" about climate, the Fed sat it out, the ECB experimented then retreated but the PBOC planned green and brown money at scale. geoeconomic.substack.com/p/central-ba...
Reposted by Dan Cohen
Killer post from Toby that I’m sure will get resurfaced again and again when things eventually break bad.
🚨What’s up with private credit ratings? on.ft.com/47sTNV9
What’s up with private credit ratings?
Could this be a film we’ve seen before?
on.ft.com
October 24, 2025 at 9:52 AM
Killer post from Toby that I’m sure will get resurfaced again and again when things eventually break bad.
Reposted by Dan Cohen
Ford just put every renter in Ontario into an even more precarious position. This is a clear and present danger to the 1.7 million renters in Ontario.
In particular, they want leases to no longer necessarily remain in effect indefinitely, so that landlords have more options for creating tenant turnover.
Current situation in left-hand column, proposal on the right:
Current situation in left-hand column, proposal on the right:
October 23, 2025 at 9:12 PM
Ford just put every renter in Ontario into an even more precarious position. This is a clear and present danger to the 1.7 million renters in Ontario.
Reposted by Dan Cohen
Love this forensic analysis of the ECB's discourse around rate hikes during the 2021-23 inflation shock. A brief sellers inflation – aka Another-World-Is-Possible – moment (blue), before the empire (green) strikes back with overwhelming force.
After initially blaming "transitory" external factors, their narrative shifted to the risk of second-round effects and "tit-for-tat" inflation: they increasingly stressed the role of overly tight labour markets while also acknowledging the role of profits.
October 23, 2025 at 4:22 PM
Love this forensic analysis of the ECB's discourse around rate hikes during the 2021-23 inflation shock. A brief sellers inflation – aka Another-World-Is-Possible – moment (blue), before the empire (green) strikes back with overwhelming force.
Reposted by Dan Cohen
I just saw a video that said cutting SNAP would lower food prices because it would cut demand.
I'm starting to think that Econ 101 either needs to be drastically overhauled or that you cannot take it unless you commit to taking four econ courses one heavily focused on externalities and elasticity.
I'm starting to think that Econ 101 either needs to be drastically overhauled or that you cannot take it unless you commit to taking four econ courses one heavily focused on externalities and elasticity.
October 23, 2025 at 3:11 AM
I just saw a video that said cutting SNAP would lower food prices because it would cut demand.
I'm starting to think that Econ 101 either needs to be drastically overhauled or that you cannot take it unless you commit to taking four econ courses one heavily focused on externalities and elasticity.
I'm starting to think that Econ 101 either needs to be drastically overhauled or that you cannot take it unless you commit to taking four econ courses one heavily focused on externalities and elasticity.
This, from the Financial Times, is why my research has pivoted to monetary policy. The dynamics financial and economic geographers study are interested in are enabled by the implicit promise of the giant public de-risking regime at the centre of the economy.
www.ft.com/content/ce8b...
www.ft.com/content/ce8b...
October 23, 2025 at 12:54 PM
This, from the Financial Times, is why my research has pivoted to monetary policy. The dynamics financial and economic geographers study are interested in are enabled by the implicit promise of the giant public de-risking regime at the centre of the economy.
www.ft.com/content/ce8b...
www.ft.com/content/ce8b...
Reposted by Dan Cohen
My book is coming!!! thenewpress.org/books/as-pub...
As Public as Possible - The New Press
A witty and provocative treatise on the financial policies we’ll need to make our public schools work for all childrenFrom the anti-CRT panic to efforts to divert tax dollars to charter schools, the r...
thenewpress.org
September 13, 2025 at 10:15 AM
My book is coming!!! thenewpress.org/books/as-pub...
As a fan of Toronto sports that aren't hockey, I am aware of the power of a team of destiny. We welcome the poor odds!
October 21, 2025 at 4:57 PM
As a fan of Toronto sports that aren't hockey, I am aware of the power of a team of destiny. We welcome the poor odds!
The FT knows its audience (political economists with institutional funding for subscriptions)
Opinion: The tragedy is not that these industries are evil, but they are absorbing some of the best brains of a generation at the very moment we can least afford to lose them on.ft.com/4hkFpmb
October 20, 2025 at 7:11 PM
The FT knows its audience (political economists with institutional funding for subscriptions)