Scott James
@drscottjames
Reader in Political Economy, King’s College London www.kcl.ac.uk/people/dr-scott-james Geoeconomics of finance, monetary politics, City of London BANK POLITICS (OUP, 2023)
Trump’s carbon coalition of blue collar workers and high finance arrives in the UK 🤝
Because obviously Britain has no history of effectual PMs governing in constructive tension with heavyweight Chancellors
Might cheap RMB bond issuance become increasingly attractive for sovereigns?
The offshore RMB system is about supporting China’s export growth model, not challenging the dollar 👀 open.substack.com/pub/hegemone...
‘Thatcher paved the way for the 2008 crisis, etc’ Fine, up to a point. Except the UK crash was always more a post-1997 story
Really-existing bond vigilantism is gilt traders trying to second guess how policy makers will second guess the second guesses of gilt traders.
Critical macro folks know how to party adamtooze.substack.com/p/chartbook-...
Interlocking determinants of dollar dominance 🧐 www.sciencedirect.com/science/arti...
Offshore currency usage (excluding $ and €) with offshore £s above 2005 levels The political economy of offshore sterling is a paper waiting to be written
IR: liberal international disorder, hegemonic decline, apolarity, etc IPE:
Political economy of polycrisis, 2026: ‘The first quarter was marked by geopolitical shocks…This type of volatility is good for investment banks which make money from financing and facilitating client trades.’
We map the contested epistemic politics of knowledge production across linked ecologies, analysing how the emergence of new issues between existing pools of professional knowledge generates opportunities and barriers to issue control for different groups 2/n
Pleased to finally publish this paper with Mareike Beck on the epistemic origins of the 2022 gilt market crisis in @jeppjournal.bsky.social How can we explain the limited regulatory response to the increasing systemic risk of LDI strategies in UK pensions? 1/n 🧵 doi.org/10.1080/1350...
‘Elliptic found Iran’s central bank accumulated at least $507 million in USDT in 2025, likely to steady the rial and finance trade. That effort has mostly failed, with data showing that the rial has lost more than 96% of its value against the USD.’ 3/n
‘Chainalysis estimates IRGC-linked addresses accounted for more than 50% of total Iranian crypto inflows in the fourth quarter of 2025, with over $3 billion in value received last year.’ 2/n