We presented our paper CAN PRICE CONTROLS BE OPTIMAL? at the IMF today. Super constructive discussion. Economics has come a long way in this debate since 2021. Link to paper: scholarworks.umass.e… Link to op-ed on the paper: www.project-syndicat…

Still in deep shock that the @UMassAmherst administration called riot police on peacefully protesting students & faculty. Students share horrifying stories of police abuse. After brutal arrests, kept in a stadium for ~10 hrs, hands cuffed, refused access to water & toilets.

Calling for taxing the super rich and windfall profits at press conference this morning with Austria‘s shadow chancellor @AndiBabler, Vice president of the European Parliament @Evelyn_Regner and @gabriel_zucman.

A senior official from a country with an intense inflation history once told me: “Unemployment harms governments, inflation can kill.” From a macroeconomics standpoint the inflation is transitory but from a political economy standpoint the damage runs deep.

If the flood in southern Brazil was in NYC, this is how much ground it would be covering. If the flood was in NYC, it would be headline news everywhere. The climate emergency is now.