Asker Voldsgaard
@voldsgaard.bsky.social
PhD, University College London, IIPP 🚀
Chair, Wellbeing Economy Lab.
Following green finance, macro & industrial policy🌱
Chair, Wellbeing Economy Lab.
Following green finance, macro & industrial policy🌱
Great to see our paper on the UK fiscal architecture out just as a new perceived fiscal crisis emerges. Our paper shows how the UK government spends money into existence and withdraws it temporarily again with gilts to support monetary policy and provide safe assets for the non-bank private sector.
As the government panics about bond market gyrations, its always useful to understand how the UK government actually finances itself: by creating new money, just like a bank.
New paper with @AskerVoldsgaard, Neil Wilson, Andrew Berkeley and Richard Tye.
www.tandfonline.com/doi/full/10....
New paper with @AskerVoldsgaard, Neil Wilson, Andrew Berkeley and Richard Tye.
www.tandfonline.com/doi/full/10....
The Self-Financing State: An Institutional Analysis of Government Expenditure, Revenue Collection and Debt Issuance Operations in the United Kingdom
This article provides the first detailed institutional analysis of the UK government’s expenditure, revenue collection, and debt issuance processes. We show that public expenditure is always financ...
www.tandfonline.com
September 9, 2025 at 7:46 AM
Great to see our paper on the UK fiscal architecture out just as a new perceived fiscal crisis emerges. Our paper shows how the UK government spends money into existence and withdraws it temporarily again with gilts to support monetary policy and provide safe assets for the non-bank private sector.
A clever and critical take on the abundance proposition by Sandeep Vaheesan - a must read focusing in on the limits of the private sector.
The Real Path to Abundance
www.bostonreview.net/articles/the...
The Real Path to Abundance
www.bostonreview.net/articles/the...
The Real Path to Abundance - Boston Review
To deliver plentiful housing and clean energy, we have to get the story right about what’s standing in the way.
www.bostonreview.net
June 10, 2025 at 9:02 AM
A clever and critical take on the abundance proposition by Sandeep Vaheesan - a must read focusing in on the limits of the private sector.
The Real Path to Abundance
www.bostonreview.net/articles/the...
The Real Path to Abundance
www.bostonreview.net/articles/the...
Et kæmpe tak for nu og på gensyn til Klimarådets sekretariat!
Jeg havde i forgårs sidste arbejdsdag på mit skønne job i Klimarådet, inden der fra næste uge venter en ny og spændende udfordring inden for samme felt.
Tak til alle mine gode kollegaer og god vind fremover! 🌱
Jeg havde i forgårs sidste arbejdsdag på mit skønne job i Klimarådet, inden der fra næste uge venter en ny og spændende udfordring inden for samme felt.
Tak til alle mine gode kollegaer og god vind fremover! 🌱
May 28, 2025 at 10:18 AM
Et kæmpe tak for nu og på gensyn til Klimarådets sekretariat!
Jeg havde i forgårs sidste arbejdsdag på mit skønne job i Klimarådet, inden der fra næste uge venter en ny og spændende udfordring inden for samme felt.
Tak til alle mine gode kollegaer og god vind fremover! 🌱
Jeg havde i forgårs sidste arbejdsdag på mit skønne job i Klimarådet, inden der fra næste uge venter en ny og spændende udfordring inden for samme felt.
Tak til alle mine gode kollegaer og god vind fremover! 🌱
Bretton Woods redux
April 11, 2025 at 10:46 AM
Bretton Woods redux
Reposted by Asker Voldsgaard
We also need to celebrate the good things:
Yesterday I attended the 1 year anniversary of the Wellbeing Economy Lab.
Thanks for the invite, and huge congrats to Mads Falkenfleth & @voldsgaard.bsky.social and team.
And thanks to @katherinetrebeck.bsky.social for the inspiring talk!
Yesterday I attended the 1 year anniversary of the Wellbeing Economy Lab.
Thanks for the invite, and huge congrats to Mads Falkenfleth & @voldsgaard.bsky.social and team.
And thanks to @katherinetrebeck.bsky.social for the inspiring talk!
March 1, 2025 at 2:24 PM
We also need to celebrate the good things:
Yesterday I attended the 1 year anniversary of the Wellbeing Economy Lab.
Thanks for the invite, and huge congrats to Mads Falkenfleth & @voldsgaard.bsky.social and team.
And thanks to @katherinetrebeck.bsky.social for the inspiring talk!
Yesterday I attended the 1 year anniversary of the Wellbeing Economy Lab.
Thanks for the invite, and huge congrats to Mads Falkenfleth & @voldsgaard.bsky.social and team.
And thanks to @katherinetrebeck.bsky.social for the inspiring talk!
Had blast giving the intro talk before a Finding The Money screening in Copenhagen 🔥 Well done, @stephaniekelton.bsky.social and film crew!
January 22, 2025 at 3:08 PM
Had blast giving the intro talk before a Finding The Money screening in Copenhagen 🔥 Well done, @stephaniekelton.bsky.social and film crew!
Now that's a banger co-lab: VoltsXDoctorow.
Great listen - we should definitely avoid the enshittification of the growing amount of clean-energy tech in our daily lives.
Great listen - we should definitely avoid the enshittification of the growing amount of clean-energy tech in our daily lives.
Today on Volts: I talk with the estimable Cory Doctorow about enshittification (the inevitable rot & customer exploitation of tech platforms) and how it might manifest in clean-energy tech, which will soon be running our vehicles and homes. Much to worry about!
www.volts.wtf/p/can-we-avo...
www.volts.wtf/p/can-we-avo...
Can we avoid the enshittification of clean-energy tech?
Cory Doctorow describes how software platform technologies go wrong and what it might look like when our homes and vehicles are on those platforms.
www.volts.wtf
December 12, 2024 at 9:18 AM
Now that's a banger co-lab: VoltsXDoctorow.
Great listen - we should definitely avoid the enshittification of the growing amount of clean-energy tech in our daily lives.
Great listen - we should definitely avoid the enshittification of the growing amount of clean-energy tech in our daily lives.
Reposted by Asker Voldsgaard
Indicative planning can mitigate the climate crisis. But under capitalism it only happens when the stakes are sky-high: wars, energy crises, post-war rubble. Jacob Hasselbalch and I took a dive in the topic. #GreenState #PoliticalEconomy #ClimateAction www.tandfonline.com/doi/full/10....
Green economic planning for rapid decarbonisation
Sustainable futures require deep social and economic transformations to address climate change adequately. The current landscape of intergovernmental and market-based coordination is not delivering...
www.tandfonline.com
December 9, 2024 at 10:40 AM
Indicative planning can mitigate the climate crisis. But under capitalism it only happens when the stakes are sky-high: wars, energy crises, post-war rubble. Jacob Hasselbalch and I took a dive in the topic. #GreenState #PoliticalEconomy #ClimateAction www.tandfonline.com/doi/full/10....
Reposted by Asker Voldsgaard
I joined Bluesky recently and am finally getting around to making a starter pack! Not surprisingly on the area that most interests me: RETHINKING THE STATE - the direction of growth, mission-oriented organisations, public sector capabilities & dynamic purpose-oriented partnerships.
Share & follow ⬇️
Share & follow ⬇️
RETHINKING THE STATE
Join the conversation
go.bsky.app
December 6, 2024 at 12:18 PM
I joined Bluesky recently and am finally getting around to making a starter pack! Not surprisingly on the area that most interests me: RETHINKING THE STATE - the direction of growth, mission-oriented organisations, public sector capabilities & dynamic purpose-oriented partnerships.
Share & follow ⬇️
Share & follow ⬇️
Desværre ingen bud på at bygge havvind.
Klimarådet foreslog før sommerferien, at der skulle arbejdes på en ‘plan B’ for at være på forkant med en mulig skuffelse pga. usikkerhederne #dkgreen
klimaraadet.dk/da/analyse/k...
Klimarådet foreslog før sommerferien, at der skulle arbejdes på en ‘plan B’ for at være på forkant med en mulig skuffelse pga. usikkerhederne #dkgreen
klimaraadet.dk/da/analyse/k...
December 6, 2024 at 10:37 AM
Desværre ingen bud på at bygge havvind.
Klimarådet foreslog før sommerferien, at der skulle arbejdes på en ‘plan B’ for at være på forkant med en mulig skuffelse pga. usikkerhederne #dkgreen
klimaraadet.dk/da/analyse/k...
Klimarådet foreslog før sommerferien, at der skulle arbejdes på en ‘plan B’ for at være på forkant med en mulig skuffelse pga. usikkerhederne #dkgreen
klimaraadet.dk/da/analyse/k...
Five months paternity leave ahead - please hook me up with your favourite audiobooks on anything political economy. Last time around Thompson’s Disorder was a hit. What’s next?
Går på fem måneders barsel nu med denne sveske. Jeg kan stadig kontaktes i relation til min rolle som forperson for Wellbeing Economy Lab 🌱🌍
December 3, 2024 at 8:33 PM
Five months paternity leave ahead - please hook me up with your favourite audiobooks on anything political economy. Last time around Thompson’s Disorder was a hit. What’s next?
Går på fem måneders barsel nu med denne sveske. Jeg kan stadig kontaktes i relation til min rolle som forperson for Wellbeing Economy Lab 🌱🌍
November 30, 2024 at 11:44 AM
Går på fem måneders barsel nu med denne sveske. Jeg kan stadig kontaktes i relation til min rolle som forperson for Wellbeing Economy Lab 🌱🌍
Reposted by Asker Voldsgaard
So you got the plan, but have you got the state capacity? (To misquote Shania Twain)
Looking forward to presenting this paper on state capacity for decarbonisation next week at @mpimmg.bsky.social's conf on 'The Fragmentary State'
Paper has been a v long time coming but I think it's nearly there 🙏
Looking forward to presenting this paper on state capacity for decarbonisation next week at @mpimmg.bsky.social's conf on 'The Fragmentary State'
Paper has been a v long time coming but I think it's nearly there 🙏
November 30, 2024 at 11:24 AM
So you got the plan, but have you got the state capacity? (To misquote Shania Twain)
Looking forward to presenting this paper on state capacity for decarbonisation next week at @mpimmg.bsky.social's conf on 'The Fragmentary State'
Paper has been a v long time coming but I think it's nearly there 🙏
Looking forward to presenting this paper on state capacity for decarbonisation next week at @mpimmg.bsky.social's conf on 'The Fragmentary State'
Paper has been a v long time coming but I think it's nearly there 🙏
Klimarådet:
“Omkostningerne [ved et 80- eller 90-procentsmål i 2035] svarer omtrentligt til henholdsvis 0,1 pct. og 0,2 pct. af BNP i årligt gennemsnit frem mod 2035 …
Dette beløb skal lægges oven i de omkostninger … som forventes med allerede vedtagen politik.”
klimaraadet.dk/da/analyse/d...
“Omkostningerne [ved et 80- eller 90-procentsmål i 2035] svarer omtrentligt til henholdsvis 0,1 pct. og 0,2 pct. af BNP i årligt gennemsnit frem mod 2035 …
Dette beløb skal lægges oven i de omkostninger … som forventes med allerede vedtagen politik.”
klimaraadet.dk/da/analyse/d...
Danmarks klimamål i 2035
Der skal sættes et nyt klimamål for 2035. De danske udledninger skal yderligere reduceres, og kursen skal sættes mod først klimaneutralitet og senere nettonegative udledninger. Regeringen skal senest ...
klimaraadet.dk
November 29, 2024 at 6:23 PM
Klimarådet:
“Omkostningerne [ved et 80- eller 90-procentsmål i 2035] svarer omtrentligt til henholdsvis 0,1 pct. og 0,2 pct. af BNP i årligt gennemsnit frem mod 2035 …
Dette beløb skal lægges oven i de omkostninger … som forventes med allerede vedtagen politik.”
klimaraadet.dk/da/analyse/d...
“Omkostningerne [ved et 80- eller 90-procentsmål i 2035] svarer omtrentligt til henholdsvis 0,1 pct. og 0,2 pct. af BNP i årligt gennemsnit frem mod 2035 …
Dette beløb skal lægges oven i de omkostninger … som forventes med allerede vedtagen politik.”
klimaraadet.dk/da/analyse/d...
Reposted by Asker Voldsgaard
Hvad skal DK's klimamål være i 2035? En ny rapport fra Klimarådet som udkom i dag opridser nogle af mulighederne.
Klimamål er også fordelingskamp. Global klimaretfærdighed tilsiger selvklart mere markante reduktioner.
klimaraadet.dk/da/analyse/d...
Klimamål er også fordelingskamp. Global klimaretfærdighed tilsiger selvklart mere markante reduktioner.
klimaraadet.dk/da/analyse/d...
Danmarks klimamål i 2035
Der skal sættes et nyt klimamål for 2035. De danske udledninger skal yderligere reduceres, og kursen skal sættes mod først klimaneutralitet og senere nettonegative udledninger. Regeringen skal senest ...
klimaraadet.dk
November 29, 2024 at 4:37 PM
Hvad skal DK's klimamål være i 2035? En ny rapport fra Klimarådet som udkom i dag opridser nogle af mulighederne.
Klimamål er også fordelingskamp. Global klimaretfærdighed tilsiger selvklart mere markante reduktioner.
klimaraadet.dk/da/analyse/d...
Klimamål er også fordelingskamp. Global klimaretfærdighed tilsiger selvklart mere markante reduktioner.
klimaraadet.dk/da/analyse/d...
Reposted by Asker Voldsgaard
it's worse than a subsidy! they want to appropriate a quarter trillion dollars' worth of US public assets and give them to a tiny handful of bitcoin whales!! it's highway robbery!!! prospect.org/power/2024-1...
Let’s be real: This is a subsidy. The people who hate public spending have invented a massive government subsidy for a technology that has still yet to find a broad-based practical application 15 years after its debut
Crypto leaders press Trump to create federal bitcoin reserve
President-elect Donald Trump has expressed support for the bitcoin idea, which some economists see as inflationary and costly, depending on its implementation.
www.washingtonpost.com
November 27, 2024 at 8:58 PM
it's worse than a subsidy! they want to appropriate a quarter trillion dollars' worth of US public assets and give them to a tiny handful of bitcoin whales!! it's highway robbery!!! prospect.org/power/2024-1...
Reposted by Asker Voldsgaard
That rule I put in the constitution and that has wreaked devastation? It’s “still right and proper”. But do tweak it a little. Should be fine. Let’s not think too hard about it. Let alone assume responsibility for a catastrophic error, haha no.
on.ft.com/49oaXE5
on.ft.com/49oaXE5
November 26, 2024 at 7:37 AM
That rule I put in the constitution and that has wreaked devastation? It’s “still right and proper”. But do tweak it a little. Should be fine. Let’s not think too hard about it. Let alone assume responsibility for a catastrophic error, haha no.
on.ft.com/49oaXE5
on.ft.com/49oaXE5
I recommend reading @nathantankus.bsky.social's US election take: Voters hate temporary safety nets.
Check out this overview by @stephensemler.bsky.social - who drew up the strategy behind this welfare tease?
Check out this overview by @stephensemler.bsky.social - who drew up the strategy behind this welfare tease?
November 23, 2024 at 9:05 PM
I recommend reading @nathantankus.bsky.social's US election take: Voters hate temporary safety nets.
Check out this overview by @stephensemler.bsky.social - who drew up the strategy behind this welfare tease?
Check out this overview by @stephensemler.bsky.social - who drew up the strategy behind this welfare tease?
A remarkable instance of public-spiritedness - well done!
FINALLY its here: the (searchable!) database of nearly 30,000 pages of Federal Reserve Board meeting minutes I got through FOIA. As I've already started to write about, they significantly rewrite Federal Reserve history.
www.crisesnotes.com/here-are-the...
www.crisesnotes.com/here-are-the...
Here Are the 30,000 Pages of Federal Reserve Board Meeting Minutes I Got Through FOIA. They Completely Rewrite Federal Reserve History.
For the past year and a half I’ve increasingly focused on using FOIA to scrutinize the Federal Reserve. Before I unveil the crown jewel of what I’ve accomplished so far, I think it's worth stepping ba...
www.crisesnotes.com
November 21, 2024 at 10:04 PM
A remarkable instance of public-spiritedness - well done!
Reposted by Asker Voldsgaard
BREAKING: The International Criminal Court has issued arrest warrants for Israeli prime minister Benjamin Netanyahu and now-former defence minister Yoav Gallant.
The court said the warrants were 'for crimes against humanity and war crimes'
The court said the warrants were 'for crimes against humanity and war crimes'
November 21, 2024 at 12:18 PM
BREAKING: The International Criminal Court has issued arrest warrants for Israeli prime minister Benjamin Netanyahu and now-former defence minister Yoav Gallant.
The court said the warrants were 'for crimes against humanity and war crimes'
The court said the warrants were 'for crimes against humanity and war crimes'
Reposted by Asker Voldsgaard
As promised (threatened?), I made a starter pack of heterodox and political economists! You'll see a range of pluralist theories here, as well as some heterodox-friendly economists that may be more mainstream. go.bsky.app/J86RtKh
November 13, 2024 at 3:59 PM
As promised (threatened?), I made a starter pack of heterodox and political economists! You'll see a range of pluralist theories here, as well as some heterodox-friendly economists that may be more mainstream. go.bsky.app/J86RtKh