Institute News

Mid-July saw Emma Ischinsky defend her dissertation titled “(Un)Covering the Rich: Invisibility, Deservingness, and Legitimation in Mediated Representations of Germany’s Wealth Elite” at the University of Cologne. Her cumulative dissertation examines German media reporting to consider how extreme wealth concentration can persist despite the tensions that exist between it and democratic norms and ideals of fairness and merit. more

Palgrave Macmillan has recently published Agents of Migration: Institutional Embeddedness of Labour Brokerage in Nepal by Sandhya A.S. Based on the author’s dissertation at the MPIfG, the book centers on the agents and intermediaries that play a growing role in facilitating labor migration.
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MPIfG postdoc Bryan Boyle and his co-author Vandebroeck are the recipients of this year’s Distinguished Scholarly Article Award of the Labor and Labor Movements Section of the American Sociological Association (ASA). Their award-winning paper, “The Labor of Distinction: Butlers, Service Work, and the Production of Elite Lifestyles,” explores how elites use the labor of service workers to produce and reproduce distinct lifestyles. more

“With Neighbours Like These: Navigating Dependency between Russia and the EU 2000–2022” is the title of Thomas Barrett’s dissertation, which he successfully defended at the University of Cologne in mid-June this year. His study examines how countries that are the focus of competing EU and Russian Federation integration projects respond to their dependent position in relation to these two neighbors. more

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Mid-July saw Emma Ischinsky defend her dissertation titled “(Un)Covering the Rich: Invisibility, Deservingness, and Legitimation in Mediated Representations of Germany’s Wealth Elite” at the University of Cologne. Her cumulative dissertation examines German media reporting to consider how extreme wealth concentration can persist despite the tensions that exist between it and democratic norms and ideals of fairness and merit. more

Palgrave Macmillan has recently published Agents of Migration: Institutional Embeddedness of Labour Brokerage in Nepal by Sandhya A.S. Based on the author’s dissertation at the MPIfG, the book centers on the agents and intermediaries that play a growing role in facilitating labor migration.
  more

MPIfG postdoc Bryan Boyle and his co-author Vandebroeck are the recipients of this year’s Distinguished Scholarly Article Award of the Labor and Labor Movements Section of the American Sociological Association (ASA). Their award-winning paper, “The Labor of Distinction: Butlers, Service Work, and the Production of Elite Lifestyles,” explores how elites use the labor of service workers to produce and reproduce distinct lifestyles. more

“With Neighbours Like These: Navigating Dependency between Russia and the EU 2000–2022” is the title of Thomas Barrett’s dissertation, which he successfully defended at the University of Cologne in mid-June this year. His study examines how countries that are the focus of competing EU and Russian Federation integration projects respond to their dependent position in relation to these two neighbors. more

The Council for European Studies has honored MPIfG alum Björn Bremer with its Carolina de Miguel Moyer Young Scholar Award 2026. Established in 2021 in memory of the political scientist Carolina de Miguel Moyer, the annual award recognizes researchers under the age of 40 or within ten years of earning their PhD who have contributed significantly to interdisciplinary research on Europe. more

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The MPIfG hosted the second Max Planck Summer School for Women in Political Economy in September 2025. First launched two years earlier in response to the problem of women’s underrepresentation at all levels of the discipline, the initiative aims to establish a network of women researchers in political economy and reduce existing gendered inequalities. Leonie Fernholz, a doctoral researcher at the MPIfG, shares her personal impressions and insights from a week of workshops, skills sessions, and roundtables. more

For long-term stability, Germany should not only focus on exports, but also strengthen its own domestic market. more

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The European constitutional navigation of the noughties succeeded in stipulating that European integration had ushered in European society (Article 2 TEU). This choice remains underexplored. In light of current European uncertainty, the lecture explores the meaning and promise of European society. more

In her lecture, Valeria Pulignano introduces a theory of the politics of unpaid labor, advancing our understanding of inequality within the context of precarious work. She establishes a crucial link between unpaid labor’s political dimensions and its role in fueling emerging forms of precarious work that are characterized by persistent inequalities in a context of labor market reforms, societal shifts, and technological changes. She shows how these seemingly disparate elements intertwine, connecting the intricate dynamics of the social system's micro-level components to larger macro-level structural patterns. Advancing the current discussion on how unpaid labor contributes to inequality in precarious work, she will establish the characteristics differentiating employment from self-employment, and how these lead to a revised definition of unpaid labor. She further illustrates that unpaid labor is both shaped by class and serves to reproduce class interests, revealing ongoing changes in welfare, employment, and state institutional policies. Finally, she considers the necessity to establish conditions within the labor market that are conducive to genuinely cultivating and honoring the diversity of human capabilities and actions within labor structures and promoting their manifestation. more


Beliefs about the future shape attitudes, experiences, and priorities in the present. This lecture explores the relationship between democracy and the expected world to come. As it argues, visions of the future are an important resource for democratic politics, as a way to put the present in critical perspective, to aid in the formation of a collective agent, and to consolidate commitment in adversity. Indirectly, they contribute also to the legitimacy of democratic institutions, shaping the exercise of citizenship and the capacity to contend with the flaws of representation. The democratic significance of the imagined future becomes all the more visible in today’s age of skepticism towards future-regarding politics, where speculative modes of thinking run up against the desire for certainty and precision. more


This introductory lecture lays out the main object of study of the lecture series, the shadow banking system, its wider importance for the understanding of the contemporary political economy, and the dominant explanations for its rise as well as its positive and detrimental effects. The shadow banking system – the generation and trading of credit outside of the banking system, financed with short-term deposits – and its rise after WWII, is identified in the contemporary literature as a major factor in the process of financialization that unfolded from the 1970s and in the diffusion and impact of the Transatlantic Financial Crisis as it unfolded from 2007. As such, it is closely linked to the central banks’ rise to the heights of macroeconomic policy and the credit-based growth model more

The second lecture pursues the theme of agency of state actors in an attempt to explain the rise of the shadow banking system in the US by focusing on the establishment of the core market for liquidity provision to the shadow banking system, namely the repo-market in the US after WWII. It introduces the crucial concept of the liquidity triangle between the fiscal agent, the central bank, and private market-makers in order to develop the reasons that drove state actors to lay the foundations for the expansion of the shadow banking system. It documents how the Federal Reserve consciously and against prevalent legal interpretations started to enter into the provision of liquidity to broker dealers via the repo-market. more

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