Topi Salmi @grasshopperist
Social & youth work, economic- and social policy, both Finnish and international. Mostly lurking and liking interesting, on topic threads. Trying to tweet more! Central Finland, Finland Joined April 2009-
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Some time ago a WSJ journalist calls me while I am on vacation to talk about an article he is writing on Market Power. After 2 calls, and more than 3 hours of conversation, he says: “I don’t believe your numbers for markups” 1/5
ENNAKOITU VÄESTÖNKEHITYS Suomessa ja Ruotsissa vuoteen 2040 mennessä: 🇫🇮Kasvua 34 000 hlöä (0,6%) 🇸🇪Kasvua 875 000 hlöä (8,4%) 🇫🇮Kasvua 50/309 kunnassa 🇸🇪Kasvua 168/290 kunnassa 🇫🇮Kasvua vain yli 75-vuotiaissa 🇸🇪Kasvua 15-24- ja yli 35-vuotiaiden ikäryhmissä. No Words🥶
This is the most spectacular illusion I’ve ever seen. Watch this with sound 🔈 mind-boggling even when you know how it works! 🤯
Valtionvelka pelottaa: Kuoliko Suomessa 150 000 ihmistä turhaan, olisiko 1990-luvun lamasta selvitty vähemmin vaurioin elvyttämällä? (juttu heinäkuulta 2021) suomenkuvalehti.fi/jutut/kotimaa/…
Speaking of Revolution without Revolutionaries @adam_tooze here is Lagarde publicly making a case for (ECB-led) coordination between monetary and fiscal policy as if it doesn't go against everything we thought we knew about CB independence.
Speaking of Revolution without Revolutionaries @adam_tooze here is Lagarde publicly making a case for (ECB-led) coordination between monetary and fiscal policy as if it doesn't go against everything we thought we knew about CB independence.
Hurjia lukuja: toimeentulotukea saavista 40–60% iästä riippuen on ulosotossa. Ulosottojärjestelmää uudistamalla voitaisiin parantaa pienituloisten asemaa: yksinkertaistamalla, lis. progressiivisuutta, helpottamalla velkajärjestelyä. #sosiaaliturvauudistus vnk.fi/-/selvitys-ulo…
Skidelsky: ihan sattumalta Englannin pankki ostanut kaiken Iso-Britannian uuden velan koronakriisin jälkeen (ja siten rahoittanut Johnsonin hallitusta), mutta tätä ei voida myöntää, koska aktiivinen valtio on paha ja itsenäinen keskuspankki hyvä. project-syndicate.org/commentary/uk-…
A good, yet disheartening thread. I still remember the optimism people had in the 90's that with internet, people would have more access to science and knowledge in general... The end of information scarcity etc. How wrong we were.
A good, yet disheartening thread. I still remember the optimism people had in the 90's that with internet, people would have more access to science and knowledge in general... The end of information scarcity etc. How wrong we were.
In mind-numbing non COVID events, European Commission is handing the keys to the green finance regulatory kingdom to Blackrock! and paying EUR 500k for it. h/t @Frank_vanlerven responsible-investor.com/articles/black…
Havainnollinen, tärkeä teksti, joka puhuu karua kieltä pitkään jatkuneesta tutkimuksen ja tieteen ahtaalle ajamisesta poliittisin päätöksin. Tutkimusta ja siihen perustuvaa laaja-alaista työtä ja päätöksentekoa tarvitaan aina, ei vain kriisiaikoina.
Havainnollinen, tärkeä teksti, joka puhuu karua kieltä pitkään jatkuneesta tutkimuksen ja tieteen ahtaalle ajamisesta poliittisin päätöksin. Tutkimusta ja siihen perustuvaa laaja-alaista työtä ja päätöksentekoa tarvitaan aina, ei vain kriisiaikoina.
Good lord.
Simply amazing
New post: Monetary and fiscal cooperation: the case for a state dependent assignment mainlymacro.blogspot.com/2020/01/moneta… In plain language, it is time we all accepted that it is the government's job, not the central bank's, to fight recession
"TLTROs at negative interest rates should be available only to banks using the funds to finance sustainable energy investments. In one relatively simple policy move, the supposed impotence of monetary policy becomes a Green Deal." @ericlonners in @FT ft.com/content/885d0f…
Jos vero-oikeuden professorit ja tutkijat myyvät lausuntoja, ei ihme, että suomalaiseenkin yhteiskuntaan ja lainsäädäntöön on pesiytynyt mittava verovälttely. #verovälttely mtvuutiset.fi/artikkeli/tutk…
Tietoja tavatuista lobbareista ei ole julkaistu, prosessi ei ole ollut läpinäkyvä, keskustelua ryhmissä on rajoitettu. Tämä ei lupaa hyvää ilmaisunvapaudelle. #tekijänoikeudet
It gets even better: if the German government were to invest its sizeable fiscal surplus wisely in education, innovation and infrastructure, it will not only continue to benefit from low interest rates, but from higher potential growth and tax revenues.
It gets even better: if the German government were to invest its sizeable fiscal surplus wisely in education, innovation and infrastructure, it will not only continue to benefit from low interest rates, but from higher potential growth and tax revenues.
You think you've seen everything... until you see an economist trying to model people becoming foreign fighters through a "consumption-jihad tradeoff" with well-behaved indifference curves. And concluding that social spending in OECD countries causes terrorism.

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