Michael Delaney

📢 I've written the @financialtimes.com Free Lunch newsletter today on the rise of populism & its economic implications 📢

No surprise: populism makes for very bad economics, with clear negative impacts regardless of whether it is left-wing or right wing variety

Free-to-read link👉 on.ft.com/4fViP31

In the age of asset manager capitalism, do asset owners still matter? And what does this mean for the green transition?

@nataschavanderzwan.bsky.social and I investigate this through an in-depth study of how some of the most important asset owners - pension funds - invest.

Now out in SER!

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Sierra Club Foundation Leads by Example in Move from BlackRock to More Responsible Asset Managers Move follows 3+ years of engagement between foundation, asset manager

Asset owners have enormous leverage to get their asset managers to implement effective strategies to reduce systemic climate risk. If persuasion doesn't work, replace them, as Sierra Club Foundation has done with Blackrock/ Aperio. www.sierraclub.org/press-releas...

During COVID, PDBs like Argentina’s BICE quickly shifted from infrastructure lending to emergency SME support. This flexibility proves they can respond fast to a crisis — and could do the same for climate, if empowered by better mandates and coordination. (2/5)

1. European and UK ministers are still talking as if their biggest potential security problem is a withdrawal of US support. But that is not their biggest potential security problem. It’s that, under Trump, the US will back Putin not just diplomatically but also militarily. 🧵

This great blog highlights the paralysing effects widening inequality is having on democracy. This is giving rise to populism as people see no real alternatives in light of the precarity they face.

I made a political economy & climate crisis starter pack! 💸🏝️⛽️🌲

It’s incomplete - who else is on here?

go.bsky.app/GJLn7zk

Starter pack of heterodox economists, researchers, journalists, and other professionals (with an ecological economics focus)