Should be good!
17.02.2026 19:29
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Should be good!
We’re delighted to announce the society's 2026 Distinguished Lecture will be delivered by Prof Tyler Anbinder of George Washington University.
"The Surprising Socio-Economic Mobility of New York’s Great Famine Refugees"
Online, 4pm GMT (11am EST), Thurs. 5 Mar. 2026.
Register here: www.eshsi.org
Very happy to announce that I have been appointed a Research Fellow in the @cepr.org Economic History programme! The CEPR is such an important part of the European economics network and I am looking forward to engaging in and benefiting from its many activities.
In today’s post I look at the Italian bond conversion in 1906. It shows how a government can reduce its interest burden by locking in improved credit conditions, without default or coercion.
swissmacroandhistory.substack.com/p/the-italia...
An interesting presentation by SNB President Martin Schlegel at the 2025 SNB Watchers conference this afternoon.
www.snb.ch/en/publicati...
📢 Virtual Workshop on French Economic History
At 5:00 pm CET, @zhexunmo.bsky.social (Stone Center on Socio-Economic Inequality, CUNY) will present:
“Soldiers versus Laborers: Legacies of Colonial Military Service and Forced Labor in Mali”
Interested in joining? Email me for the Zoom link.
I began looking into how Swiss banks fared in the Great Depression and found a paper on the near failure of the Schweizerische Volksbank in 1933. It deserves wider attention, so I decided to write a post based on it.
swissmacroandhistory.substack.com/p/blowing-up...
The Riksbank is looking for a new Deputy Governor. Central banks should advertise all senior positions — if the pool is restricted to insiders there can be no presumption that the best possible candidate is appointed.
www.riksbank.se/en-gb/press-...
Stephen Miran, the Fed’s newest governor, used his first speech to argue that the neutral rate has plunged after this year’s sharp shift in US economic policy. It is a striking claim — and it raises the obvious question: is he right?
swissmacroandhistory.substack.com/p/governor-m...
Recently accepted by #QJE, “The Price of Housing in the United States, 1890–2006,” by Lyons (@ronanlyons), Shertzer (@econhist-allday), Gray (@econhistoryorbust), and Agorastos: doi.org/10.1093/qje/...
Extraordinary news: Joel Mokyr has won the Nobel for his work on the Industrial Revolution. Entirely deserved, though in truth, he ought to win another for his work on the Great Irish Famine, which transformed how we think about Ireland’s nineteenth century and the economic history of catastrophe.
In today’s post, I look at the upcoming decision of the Monetary Authority of Singapore, MAS: swissmacroandhistory.substack.com/p/the-mas-at...
In today’s post, I look at Martin Schlegel’s excellent first year as SNB president.
swissmacroandhistory.substack.com/p/martin-sch...
Paris
Manuscript done ✅ Off to production at Bloomsbury!
The book revisits Adam Smith’s Wealth of Nations at 250, rethinking prosperity through inclusive wealth & sustainability
More soon… 📖✨
Paper two presented by Emma Horgan @ucc.ie Discusses the effect of uncertainty on a range of newly constructed historical data series from 1945, paper with @seanekh.bsky.social and @a-fergal.bsky.social
@eoinaldo.bsky.social kicks of the Irish Macrohist workshop 2025 in @ucc.ie “Explaining the retreat of the Irish Language Fronteir”, paper with @cliochris.bsky.social and Alan Fernihough
@seanekh.bsky.social’s @ucc.ie paper presents a new improved Quarterly Irish GDP series from 1950, written with @rebstuart.bsky.social, as part of this @researchireland.ie pathways project on “External Shocks and Fiscal Sustainability”
Seasonally adjusted data show that Swiss inflation has strengthened over the summer, with annualised three-month inflation now running at about 1%. This suggests that underlying inflation is firmer than the annual figures imply.
swissmacroandhistory.substack.com/p/quick-comm...
Evening stroll
A US default may sound implausible. History shows it is not unprecedented. swissmacroandhistory.substack.com/p/could-the-...
One-year visiting position for advanced female postdocs in Dresden. I am happy to host anyone broadly interested in applied micro. Salary within the German public sector's pay scale (TV-L, E13-E15). Deadline: Sept 15, 2025. Please share widely! 👇
Today I take a look at inflation in Australia and the upcoming RBA meeting. Expect a 25 bps cut.
swissmacroandhistory.substack.com/p/new-inflat...
This is a very good read about monetary policy in Australia by @insteconomics.bsky.social. open.substack.com/pub/stephenk...
Given the CSO's pioneering work to develop true measures of national well-being in a globalized world economy, Ireland can feel a little bit cheated at being left out! For those curious, GNI* in 2024 was 57% of GDP. Following that thru, it would place Ireland ~10th, level with Germany.
In today’s post, I return to the question of interest rate spreads and the exchange rate of the Swiss Franc against the euro. Two-year spreads work much better than policy rate spreads, perhaps because of QE in the euro area.
swissmacroandhistory.substack.com/p/interest-r...
In today’s post I look at the ECB’s Strategy Assessment. As expected, no major changes but it missed an opportunity to spell out how its thinking about unconventional monetary policy has changed now that the side effects have become clearer.
swissmacroandhistory.substack.com/p/the-ecbs-s...
A quick comment about the Swedish flash CPI data that came yesterday.
swissmacroandhistory.substack.com/p/quick-comm...
