Yeah you could say I’m a fan of Austrian economics
The Austrian economics in question:

Un p'tit indiscret de Challenges

Cost curve of world oil production, 2030.

From a pure data graphics standpoint, a remarkable amount of information about the world condensed in a single chart.

- from Erickson et al (2020) in Nature: Matters Arising.

In 1974, it made sense to speak of the Three Worlds, as among themselves, and treating China that never belonged to the Third World apart, they accounted for 98% of world GDP (in PPP terms).
Capitalist core 62%
Socialist countries 13%
Third World 24%
China 2%

Lordy lord. Unless you’re in the 90th percentile of Millennials, you’re getting wrecked by the greatest social crisis in the developed world (housing).

AI has officially reached human-level performance in scientific research, as evidenced by its refusal to read beyond the abstract 🎉

You are hiding several very serious years of losses and many illiquid assets in your $1.3bn portfolio, are you not?

Capital incomes are extraordinarily heavily concentrated, as shown by the fact that e.g. 60% of US household have zero or almost zero income from property.
LIS

In Peru (2021), 94% of households have zero income from capital, 2% have negligible positive amounts, and the entire capital income is concentrated among the top 4%.
LIS

No.

A time traveler from 2009 Copenhagen would be thrilled to see that in 2024, humans are so far ahead of schedule in achieving the 1.5°C target that they are complaining about an oversupply of clean energy and electric vehicles.

Germany when you tell them to not do megausterity during a recession for no reason and with no benefits

Nuclear does not look baseload to be honest.

1/9
Good Brad Setser piece on Chinese overcapacity. I'd add that the idea overcapacity can be measured on a sector by sector basis, as in a recent Bloomberg article, shows how poorly it is understood. The problem of overcapacity is not incremental. It is systemic.

7/7
and government debt are the main alternatives to higher unemployment. Because high unemployment is unacceptable, as long as the US is willing to absorb domestic and foreign savings gluts, American debt must continue to surge.

1/7
Atif Mian argues here that 'There are two main forces behind the rise of imbalances that have generated the debt supercycle: the saving glut of the rich and the global saving glut.'

He is right, and policymakers should understand why.

Atif Mian imf.org/en/Publication…

1/4
According to French Finance Minister Bruno Le Maire, 'Europe needs “re-balancing instruments” to better defend its economic interests and avoid being squeezed between US protectionism and Chinese interventionism.'

bloomberg.com/news/articles/… via Bloomberg Economics

Pompidou à 23 ans qui se demande ce qu'il va faire de sa vie en pesant toutes les options et ça dézingue bien.😅