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rmurto.bsky.social
Risto Murto
@rmurto.bsky.social
590 followers 180 following 9 posts
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Reposted by Risto Murto
mattsteinglass.bsky.social
“In Victorian mill towns, workers saved up to buy books. In one Scottish locale, a boy noticed a ragman reading a book. The book—which the ragman lent him—was Thucydides. The boy was Ramsay MacDonald, who would go on to become Britain’s first Labour prime minister.”
economist.com The Economist @economist.com · Sep 6
A blunt explanation for the decline of reading is that people cannot be bothered. In multiple surveys young people describe it as “boring” and “a chore”
Is the decline of reading making politics dumber?
As people read less they think less clearly, scholars fear
econ.st
September 6, 2025 at 6:57 AM
rmurto.bsky.social
Kesän keskusteluihin. www.hs.fi/politiikka/a...
Vanhukset | Risto Murto: Aikuiset lapset saattavat jatkossa joutua ottamaan enemmän vastuuta vanhemmistaan
Julkisen talouden heikkeneminen voi johtaa tilanteeseen, jossa vanhuksille ei ole riittävästi ympärivuorokautista hoitoa, Murto arvioi.
www.hs.fi
July 26, 2025 at 1:41 PM
Reposted by Risto Murto
aleichthammer.bsky.social
Bernd Lange stressing an important point that still sometimes gets lost: For the EU, sectoral tariffs are much more important than a general baseline - most of the EU exports into the US are concentrated in few key sectors.
July 9, 2025 at 8:50 AM
Reposted by Risto Murto
bruegel.org
🎥 ICYMI: Who should be charged? The challenge of fairly allocating electricity system costs

Rewatch the event with Benoît Esnault, Anna Stürgkh, Derk Swider & @gzachmann.bsky.social on European challenges of electricity costs and the relative policy trade-offs.

🔗
Who should be charged? The challenge of fairly allocating electricity system costs
Can Europe lower electricity costs without deep compromises?
buff.ly
July 5, 2025 at 12:01 PM
Reposted by Risto Murto
anttikarkiainen.bsky.social
"Jos emme ole koulutuksen suurvalta, niin mikä me sitten ollaan?"

@rmurto.bsky.social‬ peräänkuuluttaa panostuksia T&K-toimintaan, koulutukseen ja työperäiseen maahanmuuttoon.

Lue Murron haastattelu tuoreesta Työeläke-lehdestä

tyoelakelehti.fi/2025/06/tapa...

#koulutus #tulevaisuus
Tapasimme Risto Murron: Murroksessa kohti parempaa — Työeläke-lehti
Historiallisen suurta osakepainon nostoa ei kannata ajoittaa yhteen päivään, sanoo Risto Murto. Varman toimitusjohtajan mukaan eläkeuudistus tulee saattaa voimaan asteittain.
tyoelakelehti.fi
June 3, 2025 at 5:42 AM
Reposted by Risto Murto
voxeu.org
Strong coordination of wage setting in Nordic countries has been maintained through pattern bargaining. However, this may come into conflict with the future needs of labour reallocation due to aging populations & higher demand for military personnel.
Lars Calmfors
cepr.org/voxeu/column...
#EconSky
Graph showing hourly wages in the private and public sector in Denmark, index. It shows that wage increases across sectors have been similar over time. Strong coordination of wage setting has been maintained in Nordic countries through pattern bargaining. The tradables sector sets the first agreement, which then serves as the nationwide norm for subsequent wage increases. This column outlines that a key motivation for this model is to maintain international competitiveness and keep the wage share constant over time. This approach may come into conflict with the future needs of labour reallocation, for example due to ageing populations and higher demand for military personnel. An independent body of experts could help the pattern setting become more flexible and recommend changes to address labour market imbalances.
May 19, 2025 at 8:24 AM
Reposted by Risto Murto
erikfossingnielsen.bsky.social
Auch!!!!
sandertordoir.bsky.social Sander Tordoir @sandertordoir.bsky.social · Apr 11
Spare another thought for Powell. US consumer's 1 year-ahead inflation expectations are soaring to 6.7% from 5.0%.

Critically, these surveys were hobbled by partisanship, but it's now rising across all three political affiliations, especially amongst independents - per @nicktimiraos.bsky.social
April 11, 2025 at 5:07 PM
Reposted by Risto Murto
adamtooze.bsky.social
Weapons maker Rheinmetall is now worth more than VW.
March 25, 2025 at 6:11 PM
Reposted by Risto Murto
nvondarza.bsky.social
Far-reaching statement by the EPP on European defence and Ukraine, calling inter alia for

- seizing Russian assets
- sped up accession of Ukraine
- broad use of joint procurement
- joint EU debt instruments for defence (!)

www.epp.eu/news/epp-sum...
March 20, 2025 at 4:16 PM
Reposted by Risto Murto
atrupar.com
Powell on price stability: "I think we were getting closer and closer to that ... I do think with the arrival of the tariff inflation, further progress may be delayed. The SEP doesn't really show further downward progress on inflation this year and that's really due to the tariffs coming in."
March 19, 2025 at 6:47 PM
Reposted by Risto Murto
orastynkkynen.vihreat.fi
Trumpin motiivit ovat mitä ovat, mutta lopputulos on silti hyvä: energiapakotteiden tiukentaminen Venäjää vastaan
Trump administration toughens sanctions on Russian oil, gas and banking sectors
The stiffer restrictions come as the Trump administration is trying to convince Russia to accept terms of a proposed 30-day ceasefire.
www.cbsnews.com
March 14, 2025 at 10:17 AM
Reposted by Risto Murto
financialtimes.com
EU to offer lower tariffs on US cars

https://www.ft.com/enrichedcontent/bed348ee-3e05-47f6-8a83-563286b8b99e
EU to offer lower tariffs on US cars
Bloc hopes olive branch will help to shield Europe’s ailing car industry from Donald Trump’s trade measures
www.ft.com
February 7, 2025 at 5:10 PM
Reposted by Risto Murto
atrupar.com
JD Vance on Trump's push to "acquire" Greenland: "He doesn't care what the Europeans scream at us ... you've got probably 55,000 people living on Greenland who are not actually happy with Danish government."
February 2, 2025 at 3:58 PM
rmurto.bsky.social
No, tullien noston aloittaminen naapureiden kanssa on niin älytön ajatus, että markkinoilla on vieläkin vaikeuksia uskoa, etteikö siitä vetäydyttäisi nopeasti.
pkrugman.bsky.social Paul Krugman @pkrugman.bsky.social · Feb 2
Goldman Sachs, Jan 21: "Despite Trump’s comments that the 25% tariff will be implemented in 10 days, we continue to believe the odds of a 25% tariff on Canada and Mexico are low (20%)." Why have analysts been caught so flat-footed by Trump doing *exactly what he said he would*?
February 2, 2025 at 6:38 AM
rmurto.bsky.social
"There’s a sense we’re living through times we’ll understand only in retrospect. But the collapse of the old international order and the break in America’s old domestic order are shaping this young century." www.wsj.com/opinion/trum...
Opinion | Trump and the Collapse of the Old Order
A disquieting Washington visit leaves me with a sense that America is making a big break from the past.
www.wsj.com
February 1, 2025 at 5:52 AM
rmurto.bsky.social
Oli ruuhkaa British Libraryn näyttelyssä.
January 18, 2025 at 5:58 PM
rmurto.bsky.social
Suomi ei ole erikoisuus syntyvyyden laskussa, vaikka taso onkin suhteellisen alhainen. Talous huono selittäjä tälle.
draliceevans.bsky.social Alice Evans @draliceevans.bsky.social · Jan 11
Coupling and Fertility are Falling.

In Finland, Mexico, Peru, South Korea, Thailand, Turkey and the US, both are going down.

Superb column by @jburnmurdoch.bsky.social

A must-read for anyone interested in why fertility is falling, and how to respond.

🧵
January 12, 2025 at 8:12 AM
rmurto.bsky.social
Tuottavuuoden ja talouden kasvulla on hyvät puolensa.
scientificdiscovery.dev Saloni @scientificdiscovery.dev · Jan 8
Life expectancy has continued to rise in the longest-lived countries
A graph depicting female life expectancy at birth over the years, with the vertical axis representing lifespan in years, and the horizontal axis indicating years from 1840 to 2023. Various colored dots represent different countries, with Hong Kong with the highest in 2023 at 88.1 years. The graph notes that Hong Kong and Japan have held records for the past 40 years. Previously, countries like Iceland, Norway, Australia, and Sweden were among the highest. Data sources are the Human Mortality Database for 2024 and UN World Population Prospects for 2024.
January 9, 2025 at 11:38 AM
Reposted by Risto Murto
allenross.bsky.social
Joint Expeditionary Force activates UK-led reaction system to track threats to undersea infrastructure and monitor Russian shadow fleet

🇬🇧🇪🇪

www.gov.uk/government/n...
Joint Expeditionary Force activates UK-led reaction system to track threats to undersea infrastructure and monitor Russian shadow fleet
Joint Expeditionary Force partners and NATO will be alerted by the system of any ships deemed a risk to key areas of interest
www.gov.uk
January 6, 2025 at 6:02 PM
Reposted by Risto Murto
financialtimes.com
Finland fuels children’s future with financial literacy and food

https://www.ft.com/content/26c56174-76ab-493b-9770-6d1ed4996505
Finland fuels children’s future with financial literacy and food
World-beating ambition drives real-life business practice and free lunches for kids
www.ft.com
January 6, 2025 at 6:46 AM
Reposted by Risto Murto
simonvanteutem.bsky.social
Between 1990 and 2020, the share of immigrants in high-income countries doubled, rising from around 7% to 14%.

This means that today, one in seven people in high-income countries was born in a different country.
December 26, 2024 at 1:06 PM
Reposted by Risto Murto
mliebreich.bsky.social
What happens when techno-optimism meets energy system realism? My latest for @BloombergNEF is a long read on AI, called The Power and the Glory. So that's Boxing Day sorted!
about.bnef.com/blog/liebrei...
Liebreich: Generative AI – The Power and the Glory | BloombergNEF
This year will go down in history as the year the energy sector woke up to AI. This is also the year AI woke up to energy. Is the data center power frenzy just the latest of a long line of energy sect...
about.bnef.com
December 25, 2024 at 7:28 PM
Reposted by Risto Murto
liamdenning.bsky.social
Exxon's gas+CCS play for datacenters offers a way to:
- Monetize low-value gas
- Capture premiums being paid for speedy connection
- Get Big Tech to underwrite pilots
- Capture (and maybe protect) IRA subsidies
Read today's column here @opinion.bloomberg.com
www.bloomberg.com/opinion/arti...
Exxon's AI Power Play Aims to Beat Nuclear
The oil major is betting Big Tech’s need for speed will open up a bigger market for gas-fired plants.
www.bloomberg.com
December 12, 2024 at 3:13 PM
Reposted by Risto Murto
birdyword.bsky.social
Some great charts from HSBC - China's *direct* export exposure to the US has slumped and is now at the lowest levels since in modern history, and does not stand out relative to other Asian economies.
December 6, 2024 at 6:21 AM
rmurto.bsky.social
Jos Suomessa halutaan koulutusastetta ylös, se käytännössä tarkoittaa miesten koulutusasteen nostoa.
November 25, 2024 at 5:55 AM