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Axel Nerdrum

@axelpax

Rent seeking economist. My views are (sadly) only my own.

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Latest posts by Axel Nerdrum @axelpax

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The facts suggest two interpretive frameworks for Iran: a foreign war as a mechanism to destroy democracy at home; and a foreign war as an element of personal corruption by the president of the U.S.
Join my live conversation with @phillipspobrien.bsky.social, 12:00pm ET, snyder.substack.com

28.02.2026 15:39 ๐Ÿ‘ 1890 ๐Ÿ” 858 ๐Ÿ’ฌ 74 ๐Ÿ“Œ 60
in 1983, 90% of U.S. media was spread across 50 companies. in 2012, it's these six Comcast, Newscorp, Disney, Viacom, Time Warner, CBS

in 1983, 90% of U.S. media was spread across 50 companies. in 2012, it's these six Comcast, Newscorp, Disney, Viacom, Time Warner, CBS

in 2012, it was six. now it's four.

26.02.2026 23:39 ๐Ÿ‘ 1083 ๐Ÿ” 470 ๐Ÿ’ฌ 16 ๐Ÿ“Œ 29
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Mehrwertsteuer: Mehrwertsteuererhรถhung? Nur, wenn man sich durchmogeln will Eine hรถhere Mehrwertsteuer scheint fรผr Schwarz-Rot der leichteste Weg, um das Haushaltsloch zu stopfen. Aber er wรคre รถkonomisch, sozial und politisch fatal.

Eine hรถhere #Mehrwertsteuer scheint fรผr Schwarz-Rot der leichteste Weg, um das Haushaltsloch zu stopfen. Aber er wรคre รถkonomisch, sozial und politisch fatal.

๐Ÿงต

Meine neue Kolumne fรผr Die Zeit:

www.zeit.de/wirtschaft/2...

21.02.2026 08:31 ๐Ÿ‘ 259 ๐Ÿ” 86 ๐Ÿ’ฌ 19 ๐Ÿ“Œ 7
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The pace at which US wealth concentration is rising is simply staggering

The concentration of AI wealth into the hands of a few tech barons + plutocratic capture ==> unchartered territory

15.02.2026 14:47 ๐Ÿ‘ 4183 ๐Ÿ” 1853 ๐Ÿ’ฌ 129 ๐Ÿ“Œ 319

Sometimes I remember Reagan removing Jimmy Carterโ€™s solar panels and I think weโ€™ve been enduring this shit for way too many years.

11.02.2026 06:25 ๐Ÿ‘ 8112 ๐Ÿ” 1451 ๐Ÿ’ฌ 156 ๐Ÿ“Œ 54
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Every American needs to watch this:

05.02.2026 20:41 ๐Ÿ‘ 20564 ๐Ÿ” 10306 ๐Ÿ’ฌ 582 ๐Ÿ“Œ 984

the Epstein files are really devastating because they remind me of how many girls and women miss out on professional opportunities, mentorship and careers because of how many powerful, rich and influential men only view girls and women โ€” and interactions with them โ€” through the lens of sex

05.02.2026 17:05 ๐Ÿ‘ 19942 ๐Ÿ” 4686 ๐Ÿ’ฌ 302 ๐Ÿ“Œ 263
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Opinion | Iโ€™m the Prime Minister of Spain. This Is Why the West Needs Migrants.

wow.

www.nytimes.com/2026/02/04/o...

06.02.2026 01:58 ๐Ÿ‘ 22 ๐Ÿ” 6 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 3
KARE 11: Minnesota DOC launches new website to 'address ongoing misinformation by DHS'
The DOC names Border Patrol Commander Greg Bovino directly in a statement.

KARE 11: Minnesota DOC launches new website to 'address ongoing misinformation by DHS' The DOC names Border Patrol Commander Greg Bovino directly in a statement.

Minnesota Department of Corrections Statement on Minneapolis Shooting and Federal Claims
January 24, 2026
The Minnesota Department of Corrections (DOC) extends its condolences to the family and loved ones of Alex Pretti, who was shot and killed by federal agents this morning in Minneapolis. The loss of life is tragic, and Minnesotans deserve transparency, accountability, and facts.

In the hours following the shooting, U.S. Border Patrol Chief Gregory Bovino held a press conference asserting that the operation was targeting an individual named Jose Huerta-Chuma and characterized him as having a significant criminal history. Because federal statements have repeatedly included inaccurate information about Minnesota custody and criminal records, the DOC reviewed available records to determine whether the individual referenced had any connection to Minnesota state prison custody.

Minnesota Department of Corrections Statement on Minneapolis Shooting and Federal Claims January 24, 2026 The Minnesota Department of Corrections (DOC) extends its condolences to the family and loved ones of Alex Pretti, who was shot and killed by federal agents this morning in Minneapolis. The loss of life is tragic, and Minnesotans deserve transparency, accountability, and facts. In the hours following the shooting, U.S. Border Patrol Chief Gregory Bovino held a press conference asserting that the operation was targeting an individual named Jose Huerta-Chuma and characterized him as having a significant criminal history. Because federal statements have repeatedly included inaccurate information about Minnesota custody and criminal records, the DOC reviewed available records to determine whether the individual referenced had any connection to Minnesota state prison custody.

ased on DOC records and publicly available Minnesota court data:

The individual identified by federal officials has never been in Minnesota DOC custody.
DOC and court records show no felony commitments associated with this
Public Minnesota court records reflect only misdemeanor-level traffic offenses from more than a decade ago.
The individual is not currently under DOC supervision.
DOC records further indicate that an individual by this name was previously held in federal immigration custody in a local Minnesota jail in 2018, during President Trumpโ€™s first administration. Any decisions regarding release from federal custody at that time would have been made by federal authorities. DOC has no information explaining why this individual was released.

ased on DOC records and publicly available Minnesota court data: The individual identified by federal officials has never been in Minnesota DOC custody. DOC and court records show no felony commitments associated with this Public Minnesota court records reflect only misdemeanor-level traffic offenses from more than a decade ago. The individual is not currently under DOC supervision. DOC records further indicate that an individual by this name was previously held in federal immigration custody in a local Minnesota jail in 2018, during President Trumpโ€™s first administration. Any decisions regarding release from federal custody at that time would have been made by federal authorities. DOC has no information explaining why this individual was released.

Things are so bad that the Minnesota prison system has had to launch a website specifically to combat DHS lies. The first major release from DOC officials suggests Gregory Bovino outright lied about the target of the Border Patrol operation during which agents shot and killed Alex Pretti.

25.01.2026 17:32 ๐Ÿ‘ 4241 ๐Ÿ” 1847 ๐Ÿ’ฌ 59 ๐Ÿ“Œ 86

๐Ÿงต @jburnmurdoch.ft.com is spot on about the conditions in his FT piece. Liberal democracy held it together thanks to growth, good demographics, and the promise of a better future. Those days are gone, and thatโ€™s the "why" behind the erosion. However...

23.01.2026 09:07 ๐Ÿ‘ 1626 ๐Ÿ” 587 ๐Ÿ’ฌ 41 ๐Ÿ“Œ 126

Nรฅ er det ganske nรธyaktig ett รฅr siden mange norske medier gjorde all mulig mental gymnastikk for รฅ slippe รฅ slรฅ fast, uten hvis og at og eufemismer, at Elon Musk gjorde en fascisthilsen. Det siste รฅrets hendelser viser med all tydelighet hva som er sรฅ viktig med รฅ bruke et รฆrlig og tydelig sprรฅk.

24.01.2026 21:52 ๐Ÿ‘ 408 ๐Ÿ” 127 ๐Ÿ’ฌ 2 ๐Ÿ“Œ 22

Saying there must be trials isn't just an emotive aspiration.

Congress can:
- Create a new court (complying w/ 6A jury vicinage)
- Give it jurisdiction over defined category of crimes
- Also create dedicated prosecutors for the same
- Strip SCOTUS of appellate jurisdiction

It can be done.

25.01.2026 07:28 ๐Ÿ‘ 8968 ๐Ÿ” 2778 ๐Ÿ’ฌ 213 ๐Ÿ“Œ 153
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The guy that runs the Reddit where people post about patting their cat on the butt like bongos has put his foot down

25.01.2026 00:44 ๐Ÿ‘ 13025 ๐Ÿ” 2149 ๐Ÿ’ฌ 6 ๐Ÿ“Œ 1
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โ€œ.. People take part in a rally on the day of a general strike to protest U.S. President Donald Trump's deployment of thousands of immigration enforcement officers on the streets of Minneapolis, Minnesota.โ€

@reuters.com

23.01.2026 21:14 ๐Ÿ‘ 4251 ๐Ÿ” 1271 ๐Ÿ’ฌ 93 ๐Ÿ“Œ 78
NEP/RePEc link to paper

Measuring long-run wealth inequality. Empirical results for Norway 1912-2019: Edda Solbakken

22.01.2026 21:52 ๐Ÿ‘ 0 ๐Ÿ” 1 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0

I came to Minneapolis to report on what's going on, and one of the main questions I showed up with is "just what is the scale of the resistance?" After all, we're all used to the news calling Portland a "war zone" or whatever when it's just some protests in one part of town.

22.01.2026 03:58 ๐Ÿ‘ 15491 ๐Ÿ” 5781 ๐Ÿ’ฌ 141 ๐Ÿ“Œ 1555
Three coffins wrapped in Danish flags are carried by 4-6 soldiers each; a cargo aircraft is in the background

Three coffins wrapped in Danish flags are carried by 4-6 soldiers each; a cargo aircraft is in the background

I think a good strategy for your non-leftist social media presence (ie everywhere but here) is to give this photo - the remains of Danish soldiers returning in coffins after being killed in America's war in Afghanistan - as wide an audience as possible. Remind people who we're betraying

19.01.2026 16:32 ๐Ÿ‘ 2444 ๐Ÿ” 1162 ๐Ÿ’ฌ 37 ๐Ÿ“Œ 51
4 frame comic. In the first frame, a portrait of Knut Hamsun. In the second, Hamsun is seen shaking hands with Goebbels. In the third, he looks at something Hitler is showing him. In the third, Machado presents Trump with her Nobel prize. Text reads : 
The last Nobel prize laureate
to gift their medal to someone
was The influential Norwegian
writer Knut Hamsun*.
Source : *the Nobel prize committee, the Nobel prize and
the laureate are inseparable, JANUARY 16th 2026
he won the Nobel prize of
Literature in 1920, and in 1943,
decided to give it to Joseph
Goebbels, the nazi head of
propaganda.
Days later, Hamsun was awarded
a rare audience with Hitler,
to complain about the German
administrator of Norway and
to plead for the release of
Norwegian prisoners. nothing
came out of it.
sometimes, it feels like
history is making fun of us.

4 frame comic. In the first frame, a portrait of Knut Hamsun. In the second, Hamsun is seen shaking hands with Goebbels. In the third, he looks at something Hitler is showing him. In the third, Machado presents Trump with her Nobel prize. Text reads : The last Nobel prize laureate to gift their medal to someone was The influential Norwegian writer Knut Hamsun*. Source : *the Nobel prize committee, the Nobel prize and the laureate are inseparable, JANUARY 16th 2026 he won the Nobel prize of Literature in 1920, and in 1943, decided to give it to Joseph Goebbels, the nazi head of propaganda. Days later, Hamsun was awarded a rare audience with Hitler, to complain about the German administrator of Norway and to plead for the release of Norwegian prisoners. nothing came out of it. sometimes, it feels like history is making fun of us.

History is making fun of us

16.01.2026 23:35 ๐Ÿ‘ 612 ๐Ÿ” 297 ๐Ÿ’ฌ 11 ๐Ÿ“Œ 13
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OpenAI launches ChatGPT Health, encouraging users to connect their medical records But itโ€™s โ€˜not intended for diagnosis or treatment.โ€™

FOR THE LOVE OF ALL THAT IS GOOD IN THE UNIVERSE
PLEASE DO NOT USE THIS

THANK YOU FOR YOUR ATTENTION TO THIS MATTER

www.theverge.com/ai-artificia...

08.01.2026 20:55 ๐Ÿ‘ 1145 ๐Ÿ” 517 ๐Ÿ’ฌ 12 ๐Ÿ“Œ 47
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ICE agent who fatally shot woman in Minneapolis is identified Jonathan Ross, a Minnesota-based agent, was dragged in a separate incident last year by a fleeing motorist.

The agent, Jonathan Ross, was dragged by a vehicle and injured during a June operation in the Twin Cities, court records show.

08.01.2026 19:04 ๐Ÿ‘ 885 ๐Ÿ” 433 ๐Ÿ’ฌ 208 ๐Ÿ“Œ 197
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๐Ÿ‡บ๐Ÿ‡ธ MINNEAPOLIS VETERAN: "They are terrorizing the population, in Afghanistan we never wore masks.โ€ (From @statuscoupnews.bsky.social )

08.01.2026 21:16 ๐Ÿ‘ 19091 ๐Ÿ” 6604 ๐Ÿ’ฌ 393 ๐Ÿ“Œ 318
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Denmark's PM urges Trump to 'stop the threats' of annexing Greenland The prime minister of Denmark called on Trump to โ€œstop the threatsโ€ of the U.S. annexing Greenland after renewed comments garnered international attention.

1/Leaders are abducted/allies are threatened but pundits and governments are scratching their heads on what the US is doing. Danish PM on Greenland "It makes absolutely no sense". Why? Because actors using old IR models when we need a new lens. Enter neo-royalism.
abcnews.go.com/Internationa...

05.01.2026 13:24 ๐Ÿ‘ 559 ๐Ÿ” 270 ๐Ÿ’ฌ 20 ๐Ÿ“Œ 85
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The Politics of Plunder His domestic and foreign policies have one consistent theme.

It was bad enough when Ukraine only had to worry about Putin delegitimizing their government. Now they have to worry about Trump, too.

27.12.2025 09:01 ๐Ÿ‘ 642 ๐Ÿ” 156 ๐Ÿ’ฌ 24 ๐Ÿ“Œ 4

Pรฅ julemarkedene (95% fest, 5 % marked) i Hamburg gรฅr bartenderne i norske ullgensere. Ingen har fortalt dem at vi ikke har julemarkedstradisjon

17.12.2025 11:17 ๐Ÿ‘ 0 ๐Ÿ” 0 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0
chart of child mortality in history, roughly 48% for all societies across the globeโ€ฆuntil the 20th century, where it plummets to 4%

chart of child mortality in history, roughly 48% for all societies across the globeโ€ฆuntil the 20th century, where it plummets to 4%

Currently dorking out over this graph about child mortality with my brother. Just mind boggling to take in.

02.12.2025 05:00 ๐Ÿ‘ 2489 ๐Ÿ” 971 ๐Ÿ’ฌ 72 ๐Ÿ“Œ 161
Statement from the American Economic Association

The AEA has imposed a lifetime ban on Lawrence H. Summersโ€™ membership and participation in AEA activities. See the full statement here. www.aeaweb.org/news/aea-sta...

02.12.2025 16:01 ๐Ÿ‘ 602 ๐Ÿ” 159 ๐Ÿ’ฌ 14 ๐Ÿ“Œ 74

De eneste feltene i Oslo det er diskusjon รฅ รฅpne, er sykkelfelt

30.11.2025 18:10 ๐Ÿ‘ 0 ๐Ÿ” 0 ๐Ÿ’ฌ 1 ๐Ÿ“Œ 0
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I like that sports is blessed with more and more data visualizations these days. This football chart is mad! Good old Haaland has a goal scoring rate TWICE as good as Mbappe on international level.

20.11.2025 12:05 ๐Ÿ‘ 27 ๐Ÿ” 7 ๐Ÿ’ฌ 1 ๐Ÿ“Œ 3

I tillegg er det ikke nรธdvendigvis sant at halvparten er under gjennomsnittet. Det kommer helt an pรฅ fordelingen av disse tallene pรฅ folk etter รฉn tilfeldig rangering man ikke kan sette. I inntektsfordelinger er snitter hรธyere enn medianen fordi det er et fรฅtall som tjener veldig mye trekker opp.

28.10.2025 12:08 ๐Ÿ‘ 2 ๐Ÿ” 0 ๐Ÿ’ฌ 1 ๐Ÿ“Œ 0

Demagogic president seizes money to pay standing army, arrogating to himself legislative power, while his cronies keep Congress out of session is honestly more or less exactly how the Founders thought this would end

16.10.2025 00:08 ๐Ÿ‘ 2693 ๐Ÿ” 803 ๐Ÿ’ฌ 48 ๐Ÿ“Œ 27