Blog posts
Does studying economics make you selfish and conservative? A new study casts some doubts on a popular hypothesis (Spanish version publised on Feb 1, 2024 in Nada es Gratis)
I summarize my research (coauthored with Sai Madhurika Mamunuru, Simon Halliday and Sam Bowles) on the effect of studying economics on students’ preferences and political opinions.
Video interview on politics and financial markets. (Faculti, Feb 10, 2022)
In this short interview I talk about my research on the politics of financial markets: how I documented the effect of left-wing vs conservative victories on stock values, and what it teaches us about democracy & capitalism.
Chile’s markets fell after people elected a leftist president. That’s not unusual. (Published on The Washington Post on Jan 24, 2022)
Financial markets did not offer a warm welcome to Gabriel Boric, Chile’s newly elected leftist president. This conforms to a systematic pattern of adverse market reactions to left and center-left electoral victories. I discuss why this happens, what it means, and what are the implications for democratic politics, based on my research on the politics of financial markets.
Italy’s institutional crisis, the Euro and the Left (May 29, 2018)
In May 2018, Italy experienced a serious institutional crisis. On May 27th its President Mattarella, in a unprecedented move, vetoed the formation of a Government which would have been backed by an absolute majority in Parliament. I thought the crisis had a deep meaning and was revealing about the interactions between democracy, financial markets and private wealth, that most observers (including on the Left) were missing. I therefore wrote down some reflections on it, and uploaded them here.
When demand shapes supply (Published on the Institute for New Economic Thinking (INET) blog on Feb 11, 2018. With Walter Paternesi Meloni and Antonella Stirati)
Contrary to the neoclassical model’s assumptions, shifts in aggregate demand have persistent effects on GDP. This post - published on the Institute for New Economic Thinking Blog - summarizes some of our research on the topic.