I wrote a piece for @ConversationUK on the UN's global carbon credit market, and what lessons we can learn from the EU's Emission Trading System- one of the biggest and probably most financialised cap-and-trade markets for carbon emissions https://t.co/fcLf6jn6eV @NPEjournal

VIRTUAL COMMON ROOM: Join us on 14 March for an engaging discussion on the principles and practices of benchmarking and their integration with social and environmental concerns. More info & link to join: https://t.co/jXWF9Fdhxk

Great to see our paper on folk economics and performativity in financial markets in print @economyandspace #OpenAccess

Lorna Finlayson (@LJFinlayson) on academics and the plight of higher education: 'The uncomfortable truth is that academics have been complicit, and often instrumental, in bringing about the present predicament.' https://t.co/Rw68VfIakE

We are hiring !

Great to contribute to @CommonsPAC inquiry Decarbonizing the UK Power Sector https://t.co/tZA8TTZFlL with our research on energy transitions https://t.co/yxrXsqrF2Z. The message from both is clear, ambiguity comes from policy, which slows down progress towards #NetZero @BJM_BAM

As floods & fires rise, oceans boil & ice melts, and "safe" temperatures are breached, something momentous just happened in the heart of the EU. No one has heard about it: journalists were present, but their editors refused to publish 🤯. 🧵, please RT. #BeyondGrowth2023 1/

Lotte , you will be greatly missed... a pleasure to get to know and work with you...

thanks @economyandspace for excellent reviewers and editorial support . @tcspears Rodrigo Rosa @koraycaliskan and others for feedback on earlier versions. @allartmarkets , @BondoHansen, @syllabus_tweets maybe of interest to you !

8) Folk theories, folk economics, and narrative economics can help us better understand how theories other than scientific ones emerge and become relevant to economic processes and outcomes such as recen events around #Memestocks , and the proliferation of #cryptocurrencies .

7) We also note the strong econometric evidence on Borsa Istanbul’s co-movements with the US markets, and argue that folk theories like the American Spirit are not just cameras but also engines of market realities a la MacKenzie (2006)

6) In the process, the use of the theory actually made our interlocutors better predictors of Borsa Istanbul’s movements too.

5) Irrespective of identity (e.g. a lay investor, an asset manager), actors applied this theory in their daily practices of interpretation, prediction, trade execution, and portfolio adjustments. Some did it out of genuine belief , others did it because of sociality in markets

4) A widely held (hence the Spirit) folk theory on the interconnectivity of one market,@borsaistanbul , to the rest of the global financial system, mainly US markets and economy (hence the American). We observed how this theory was performed in brokerage and investment work

3) Market actors perform their folk theories in market and marketing work. These performations (applying their folk theory in practice) can have performative outcomes, that is, they may underpin market processes and outcomes. So then, what is the American Spirit?

2) Because the folk are not astrophysicists studying nuclear fusion in distant stars, their theories can act both as cameras and engines of market reality (thank you @DonaldMacKen !)

1) Folk theorizations differ from scientific ones as they rely on lived experiences and conceptualizations of these through narrative mode (i.e., stories underpinned by stable cause-effect plots attributing agency, motive and so on to mainly anonymous market actors)

How does folk economics, i.e., lay theories on the economy and markets feature in market and marketing work? We underline the necessity of studying folk (narrative) understandings of the economy and markets in our paper, as did @koraycaliskan and Michel Callon in 2010. a 🧵👇

March is #SUDCAwareness month. This is our beautiful son, Alexander, dancing with his little brother on Christmas Day 2021. Less than 24 hours later, he had died. Raising awareness to push for research and policy-makers to take action is crucial. #sudc #childloss #grief

Travel facts at #Lancaster University ✔️Offer £2 tickets for scenit bus routes ❌Exclude teaching PGR staff from the bus subsidy Comrades, write to management expressing your anger about this, and talk to your colleagues about it. #UCUrising #UCUstrike @ucu