Michał Myck
@mmyck.bsky.social
Economist, director of Centre for Economic Analysis - CenEA (Szczecin, PL). Worked at @theifs.bsky.social and @diw.de, studied at @universityofoxford (BA, MPhil). Own views.
Pinned
Michał Myck
@mmyck.bsky.social
· Nov 18
My first post on Bluesky. Can we call it Twitter? ;-)
Reposted by Michał Myck
The “millionaire exodus” reported around the world DID NOT HAPPEN.
A new study from @taxjustice.net reveals the “droves” of millionaires that media reported leaving countries represented near-0% of all millionaires.
#BogusExodus #TaxTheSuperRich #TaxTheirBillions
A new study from @taxjustice.net reveals the “droves” of millionaires that media reported leaving countries represented near-0% of all millionaires.
#BogusExodus #TaxTheSuperRich #TaxTheirBillions
Millionaire exodus did not occur, study reveals | Tax Justice Network
30 news pieces a day in 2024 on non-existent exodus A millionaire exodus widely reported by news outlets around the world in 2024, and credited for the UK Labour government’s decision to weaken tax…
taxjustice.net
June 10, 2025 at 10:16 AM
The “millionaire exodus” reported around the world DID NOT HAPPEN.
A new study from @taxjustice.net reveals the “droves” of millionaires that media reported leaving countries represented near-0% of all millionaires.
#BogusExodus #TaxTheSuperRich #TaxTheirBillions
A new study from @taxjustice.net reveals the “droves” of millionaires that media reported leaving countries represented near-0% of all millionaires.
#BogusExodus #TaxTheSuperRich #TaxTheirBillions
Reposted by Michał Myck
The presidential elections in Poland this Sunday will shape the country’s policy for the coming five years. In his latest policy brief, @mmyck.bsky.social from CenEA illustrates the president’s channels of influence. freepolicybriefs.org/2025/05/26/p... #FREEnetwork #CenEA
May 26, 2025 at 2:19 PM
The presidential elections in Poland this Sunday will shape the country’s policy for the coming five years. In his latest policy brief, @mmyck.bsky.social from CenEA illustrates the president’s channels of influence. freepolicybriefs.org/2025/05/26/p... #FREEnetwork #CenEA
Reposted by Michał Myck
The Trump Organization has entered into real estate deals in all three countries Trump plans to visit this week
wapo.st/3F11lnU
wapo.st/3F11lnU
Trump’s Middle East trip marked by potential private business conflicts
The Trump Organization has entered into real estate deals in all three countries Trump plans to visit this week.
wapo.st
May 13, 2025 at 10:27 AM
The Trump Organization has entered into real estate deals in all three countries Trump plans to visit this week
wapo.st/3F11lnU
wapo.st/3F11lnU
Reposted by Michał Myck
"he's revealed a fundamental fragility in the American economy, which is that if we elect a leader who brings forward an economic program of destruction, our political institutions are not strong enough to stop them."
April 23, 2025 at 11:35 AM
"he's revealed a fundamental fragility in the American economy, which is that if we elect a leader who brings forward an economic program of destruction, our political institutions are not strong enough to stop them."
Reposted by Michał Myck
US military aid for Ukraine is about to cease. Is Europe ready? | David Shimer
US military aid for Ukraine is about to cease. Is Europe ready? | David Shimer
Putin is planning for this war to continue for months. That leaves two key questions for Ukraine’s European allies
www.theguardian.com
April 15, 2025 at 1:51 AM
US military aid for Ukraine is about to cease. Is Europe ready? | David Shimer
Reposted by Michał Myck
The government announced it is freezing more than $2.2 billion, hours after the university refused to make changes it said would "dictate what private universities can teach."
Trump administration freezes more than $2.2 billion after Harvard rejects its demands
The government announced it is freezing more than $2.2 billion, hours after the university refused to make changes it said would "dictate what private universities can teach."
www.npr.org
April 15, 2025 at 2:37 AM
The government announced it is freezing more than $2.2 billion, hours after the university refused to make changes it said would "dictate what private universities can teach."
Reposted by Michał Myck
This week's news, from most to least important:
1. US adopts wildly destructive tariff policy
2. Retaliation will be v.painful
3. White House is more chaotic than even pessimists feared
4. Jobs numbers confirm that at least we've arrived at this point with a healthy economy
bsky.app/profile/just...
1. US adopts wildly destructive tariff policy
2. Retaliation will be v.painful
3. White House is more chaotic than even pessimists feared
4. Jobs numbers confirm that at least we've arrived at this point with a healthy economy
bsky.app/profile/just...
It's a good jobs report, and a big relief: The economy is going to hit Tariff-mageddon with a lotta momentum.
Payrolls +228k, well above expectations, and consistent with a remarkably robust and mature economic expansion.
Unemployment up a tick to 4.2%, but still LOW.
Payrolls +228k, well above expectations, and consistent with a remarkably robust and mature economic expansion.
Unemployment up a tick to 4.2%, but still LOW.
April 4, 2025 at 1:11 PM
This week's news, from most to least important:
1. US adopts wildly destructive tariff policy
2. Retaliation will be v.painful
3. White House is more chaotic than even pessimists feared
4. Jobs numbers confirm that at least we've arrived at this point with a healthy economy
bsky.app/profile/just...
1. US adopts wildly destructive tariff policy
2. Retaliation will be v.painful
3. White House is more chaotic than even pessimists feared
4. Jobs numbers confirm that at least we've arrived at this point with a healthy economy
bsky.app/profile/just...
Reposted by Michał Myck
Who could have foreseen this?
April 4, 2025 at 1:22 PM
Who could have foreseen this?
Reposted by Michał Myck
Look at this graph. This just happened.
We have gone back to the 1800s.
We have gone back to the 1800s.
April 3, 2025 at 3:06 AM
Look at this graph. This just happened.
We have gone back to the 1800s.
We have gone back to the 1800s.
Reposted by Michał Myck
@budgetlab.bsky.social has new analysis out on Smoot-Hawley 2.0.
Among topline findings: The average effective US tariff rate after incorporating all 2025 tariffs is now 22½%, the highest since 1909.
Among topline findings: The average effective US tariff rate after incorporating all 2025 tariffs is now 22½%, the highest since 1909.
Where We Stand: The Fiscal, Economic, and Distributional Effects of All U.S. Tariffs Enacted in 2025 Through April 2
budgetlab.yale.edu
April 3, 2025 at 2:47 AM
@budgetlab.bsky.social has new analysis out on Smoot-Hawley 2.0.
Among topline findings: The average effective US tariff rate after incorporating all 2025 tariffs is now 22½%, the highest since 1909.
Among topline findings: The average effective US tariff rate after incorporating all 2025 tariffs is now 22½%, the highest since 1909.
Reposted by Michał Myck
So, who are the actual economists participating in this regime?
Is it time for some professional accountability? Because this is appalling nonsense and if you don’t support it, you should say so.
Is it time for some professional accountability? Because this is appalling nonsense and if you don’t support it, you should say so.
April 3, 2025 at 5:31 AM
So, who are the actual economists participating in this regime?
Is it time for some professional accountability? Because this is appalling nonsense and if you don’t support it, you should say so.
Is it time for some professional accountability? Because this is appalling nonsense and if you don’t support it, you should say so.
Reposted by Michał Myck
Re the Liberation Day tariffs:
What is notable is
a. The astonishing insanity of the motivation and ‘analysis’ behind these tariffs, and
b. The utter stupidity of their implementation.
What a day. What a cringe-inducing, depressing day. Even through the fear, America is reduced to a global joke.
What is notable is
a. The astonishing insanity of the motivation and ‘analysis’ behind these tariffs, and
b. The utter stupidity of their implementation.
What a day. What a cringe-inducing, depressing day. Even through the fear, America is reduced to a global joke.
April 3, 2025 at 4:59 AM
Re the Liberation Day tariffs:
What is notable is
a. The astonishing insanity of the motivation and ‘analysis’ behind these tariffs, and
b. The utter stupidity of their implementation.
What a day. What a cringe-inducing, depressing day. Even through the fear, America is reduced to a global joke.
What is notable is
a. The astonishing insanity of the motivation and ‘analysis’ behind these tariffs, and
b. The utter stupidity of their implementation.
What a day. What a cringe-inducing, depressing day. Even through the fear, America is reduced to a global joke.
Reposted by Michał Myck
The adverse effects of trade and globalization have become politically salient in a way that many of the other determinants of inequality have not. | Trade and Inequality | The IFS-Deaton Review | all open access | academic.oup.com/ooec/article...
Trade and globalization
Greater openness to international trade has had significant impacts on the structure of the UK and other advanced economies. The role that this greater ope
academic.oup.com
February 2, 2025 at 11:32 PM
The adverse effects of trade and globalization have become politically salient in a way that many of the other determinants of inequality have not. | Trade and Inequality | The IFS-Deaton Review | all open access | academic.oup.com/ooec/article...
Reposted by Michał Myck
This is what Trump's "economists" say about how they calculated the "reciprocal" tariffs. Don[t be fooled by the equation. They commit countless crimes against economics. ustr.gov/issue-areas/... +
Reciprocal Tariff Calculations
Executive Summary Reciprocal tariffs are calculated as the tariff rate necessary to balance bilateral trade deficits between the U.S. and each of our trading partners. This calculation assumes that pe...
ustr.gov
April 3, 2025 at 6:44 AM
This is what Trump's "economists" say about how they calculated the "reciprocal" tariffs. Don[t be fooled by the equation. They commit countless crimes against economics. ustr.gov/issue-areas/... +
Reposted by Michał Myck
I just realized Kim Ruhl is joining the Council of Economic Advisors. www.kimjruhl.com
He is a top top trade economist, knows a lot about trade wars.
econbrowser.com/archives/202...
He also teaches data.
badgerdata.org/pages/self-g...
Mixed feelings, but adult in room is good.
#EconSky
He is a top top trade economist, knows a lot about trade wars.
econbrowser.com/archives/202...
He also teaches data.
badgerdata.org/pages/self-g...
Mixed feelings, but adult in room is good.
#EconSky
Kim Ruhl: “U.S. China Trade: From the Cold War to the Trade War” | Econbrowser
econbrowser.com
March 30, 2025 at 4:05 PM
I just realized Kim Ruhl is joining the Council of Economic Advisors. www.kimjruhl.com
He is a top top trade economist, knows a lot about trade wars.
econbrowser.com/archives/202...
He also teaches data.
badgerdata.org/pages/self-g...
Mixed feelings, but adult in room is good.
#EconSky
He is a top top trade economist, knows a lot about trade wars.
econbrowser.com/archives/202...
He also teaches data.
badgerdata.org/pages/self-g...
Mixed feelings, but adult in room is good.
#EconSky
Reposted by Michał Myck
Reposted by Michał Myck
I have deleted my Twitter account. Not an easy decision but I'm done with it.
March 19, 2025 at 1:21 PM
I have deleted my Twitter account. Not an easy decision but I'm done with it.
Reposted by Michał Myck
Turkey arrested Mayor Ekrem Imamoglu of Istanbul, the top political rival of President Recep Tayyip Erdogan, on accusations of corruption and terrorism on Wednesday. Imamoglu was set to be named the opposition’s presidential candidate. nyti.ms/4ho834z
March 19, 2025 at 9:23 PM
Turkey arrested Mayor Ekrem Imamoglu of Istanbul, the top political rival of President Recep Tayyip Erdogan, on accusations of corruption and terrorism on Wednesday. Imamoglu was set to be named the opposition’s presidential candidate. nyti.ms/4ho834z
Reposted by Michał Myck
Ewa Pajor: ‘Sometimes I’m at home and it’s like: wow I play for Barcelona’
Ewa Pajor: ‘Sometimes I’m at home and it’s like: wow I play for Barcelona’
Barcelona’s Ewa Pajor discusses facing her former club Wolfsburg in the Champions League quarter-finals with Alex Ibaceta and wanting to improve every day
www.theguardian.com
March 19, 2025 at 5:08 AM
Ewa Pajor: ‘Sometimes I’m at home and it’s like: wow I play for Barcelona’
Reposted by Michał Myck
This is bad.
The US is going from having one of the better public data infrastructures to one of the worst in <3 months.
Education, climate, and health data have already taken a massive hit, and with them research in these fields.
Now Musk/Trump/GOP are coming after economic and population data.
The US is going from having one of the better public data infrastructures to one of the worst in <3 months.
Education, climate, and health data have already taken a massive hit, and with them research in these fields.
Now Musk/Trump/GOP are coming after economic and population data.
NEW: The Commerce Department is giving federal employees at the Census Bureau and most other parts of the department until April 17 to apply for a voluntary early retirement authority or voluntary separation incentive payments offer if they're offboarded by May 3, according to emails shared with NPR
March 19, 2025 at 5:46 AM
This is bad.
The US is going from having one of the better public data infrastructures to one of the worst in <3 months.
Education, climate, and health data have already taken a massive hit, and with them research in these fields.
Now Musk/Trump/GOP are coming after economic and population data.
The US is going from having one of the better public data infrastructures to one of the worst in <3 months.
Education, climate, and health data have already taken a massive hit, and with them research in these fields.
Now Musk/Trump/GOP are coming after economic and population data.
Reposted by Michał Myck
Annual government spending due to the new German fiscal package will be larger than the spending that came with the post-WWII Marshall Plan and with German Reunification in the early 1990s.
via @davideoneglia.bsky.social
via @davideoneglia.bsky.social
March 19, 2025 at 6:58 AM
Annual government spending due to the new German fiscal package will be larger than the spending that came with the post-WWII Marshall Plan and with German Reunification in the early 1990s.
via @davideoneglia.bsky.social
via @davideoneglia.bsky.social
Reposted by Michał Myck
📢 Join us next week on March 18 as Michał Myck @mmyck.bsky.social (CenEA) presents a working paper co-authored with Daniel S. Hamermesh on how disabilities reshape time use & impose hidden economic costs. Learn more and how to join the seminar: www.hhs.se/en/about-us/... #EconSeminar #Disability
March 11, 2025 at 1:47 PM
📢 Join us next week on March 18 as Michał Myck @mmyck.bsky.social (CenEA) presents a working paper co-authored with Daniel S. Hamermesh on how disabilities reshape time use & impose hidden economic costs. Learn more and how to join the seminar: www.hhs.se/en/about-us/... #EconSeminar #Disability
Reposted by Michał Myck
Tom Friedman on point here, though he understated the case. Either Trump is the worse negotiator in all the universes of truth and fiction, or he is beginning an alliance with Russia with a joint attempt to subjugate Ukraine (and then much else).
www.nytimes.com/2025/03/04/o...
www.nytimes.com/2025/03/04/o...
Opinion | Trump Is Hiding Something on Ukraine
When you don’t call things by their real name, there is usually a reason.
www.nytimes.com
March 8, 2025 at 9:04 PM
Tom Friedman on point here, though he understated the case. Either Trump is the worse negotiator in all the universes of truth and fiction, or he is beginning an alliance with Russia with a joint attempt to subjugate Ukraine (and then much else).
www.nytimes.com/2025/03/04/o...
www.nytimes.com/2025/03/04/o...
Reposted by Michał Myck
did something happen?
phenomenalworld.org/analysis/eur...
phenomenalworld.org/analysis/eur...
March 8, 2025 at 9:20 PM
did something happen?
phenomenalworld.org/analysis/eur...
phenomenalworld.org/analysis/eur...