Chefsekonom, Katalys
Joined January 2013
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I have a new article out in Industrial and Corporate Change, where I make the case that ”soft budget constraints” can be good for innovation.
academic.oup.com/icc/advance…
Max Jerneck retweeted
You know how Brazil reversed deforestation.
It wasn’t a bunch of conservation tax incentives for farmers.
IBAMA (Brazil’s equivalent of the EPA) airdrops shock troops to firebomb illegal logging and mining camps.
Yanuni (2026)
UPDATED – Analysis: Lula presidency saved at least 20,000km2 of Brazilian Amazon since 2022
✍️ By Orla Dwyer and Josh Gabbatiss
Read here: buff.ly/QqRBFfy
Max Jerneck retweeted
🇪🇺A credit tightening by design - but one that is now likely to produce unintended consequences.
Max Jerneck retweeted
A voter was interviewed on Israeli news, along with two first-time voters, about what led them to choose who to vote for. One of them said that his main issue was that "I don't want there to be Arabs here in the country." The reporter nodded enthusiastically. Say hello to the next generation of Israeli voter.
Max Jerneck retweeted
While some others might say (as the FT acknowledges in screencap 3 from an older story, but not in the QTd piece) that very high interest rates are a factor behind large fiscal deficits).
Lula faces a fiscal reckoning after Brazil’s market rout ft.trib.al/CCwYwTI
Max Jerneck retweeted
"Donald Trump was an active participant in Jeffrey Epstein’s sexual abuse of young women during the mid-to-late 1990s," says new House Judiciary report.
Report has new allegation that Trump raped a 24-year-old + then promised her a visa & NYU admission, demanding she stay quiet.
Max Jerneck retweeted
50 years of privatisation =
a FAR BIGGER STATE
with WAY MORE BUREAUCRACY
bc privatisation introduces competition and therefore commercial secrecy and legal disputes
+ more state admin is needed to try to coordinate fragmented state contracts handed to the private sector
Max Jerneck retweeted
One of Lula’s most important and least well-known achievements is US capacity to sanction it into compliance is limited, because unlike Europe, Brazilians don’t need Visa or Mastercard to make payments.
JUST IN: Trump threatens to tariff Brazil unless they redo their election
Readers added context they thought people might want to know
Unsubstantiated and likely incorrect. No evidence of this can be found in any media outlets or news agencies.
reuters.com/world/brazil/
Max Jerneck retweeted
Just listen to this.
Then consider these polls:
76% of Jewish Israelis think there are no innocents in Gaza (Aug 2025)
82% support expelling Palestinians from Gaza (May 2025)
47% support killing all inhabitants of conquered enemy cities (May 2025)
Max Jerneck retweeted
From afar, Lula winning and Vucic losing on the same day is hard to ignore. A crystallization of a kind of global anti-nationalist wave that's as real as the steady far-right march we've all spoken and written about for the past decade. And it's cresting a week before US midterms
Max Jerneck retweeted
Lula victory speech:
"We had to overcome foreign interference through digital platforms, which we will have to regulate.
We cannot have monstrously huge corporations earning millions & billions, paying no taxes to this country & trying to steer this country's election results."
Max Jerneck retweeted
Israeli troops have leveled a neighborhood in Hebron, driving out hundreds of families in a war-crime act of collective punishment for a militant attack on an army checkpoint outside the occupied West Bank city. trib.al/CIffmuy
Max Jerneck retweeted
Russia's war-crime targeting of Ukraine's energy infrastructure is leaving Ukrainian civilians fearing the coldest winter since Putin's full-scale invasion. trib.al/IsdWsE7
Max Jerneck retweeted
🚨Breaking: Bahia Regional Electoral Court (TRE-BA) orders the arrest of Salvador's Bolsonarista Municipal Secretary of Mobility, Pablo Souza, for deliberately hindering voters ability to reach polling stations.🚨
Max Jerneck retweeted
Breaking: The city of São Paulo, population 12 million, has 29% of its bus fleet out of service on election day.
Bolsonarista Mayor.
Lula won there in first round.
Pattern repeating around country.
URGENTE - A prefeitura de São Paulo mantém 29% da frota de ônibus municipais estaciona nas garagens neste momento.
Justiça já tinha mandado, ontem, ter 100% da frota na rua. Está sendo descumprindo
metropoles.com/colunas/demet…
Max Jerneck retweeted
Multiple cities in Brazil including São Paulo and Salvador which both went for Lula in the first round are reporting having significant parts of their public transport system taken offline as part of vote suppression tactics by pro Bolsonaro politicians
Max Jerneck retweeted
There hasn’t been an active nuclear weapons program in 🇮🇷 since 2003, as confirmed by all Western intelligence agencies, but now Netanyahu is trying to scare the voters in Israel 🇮🇱 with images of a nuclear attack against Tel Aviv. He seeks a mandate for renewed war. cdn.i24news.tv/uploads/4f/e5…
