How I think Minsky would have demolished the secular stagnation thesis:

Good overview. Key problem with this debate to my mind is the attempt to theorize with a depoliticised capitalist system as a benchmark. That's how one ends up taking theories of "neofeudalism" and "secular stagnation" far too seriously.

Can't emphasize enough how central Andreessen is to so much that is going wrong right now. Here's the book length treatment fintechdystopia.com Here are academic article versions illinoislawreview.org/print/vol-20... southerncalifornialawreview.com/2025/07/05/f... Also, why is his head cropped?

Area man denies he has a plan. www.ft.com/content/5835...

this great article by @debtcollective.bsky.social lays out really clearly what's been on my mind all day: everybody better get real familiar with municipal finance real quick www.inthered.org/p/zohran-won...

My new article with @econsocjournal.bsky.social on Gary Becker's analyses on suicide is out! I use Becker's assertion that ‘Most (if not all!) deaths are to some extent suicides’ to reflect on how the late Chicago School framed death and mortality as a choice, thus normalising mortality inequality

I so appreciate this review of my book from @michaelwaters.bsky.social in @theatlantic.com about the "secret American pastime" of municipal bonds. Check it out! www.theatlantic.com/books/2025/1...

Also we want the Binance treatment - preemptive presidential pardons for anything we do to make money of this miserable technology.

Amazing how this is articulated - she literally states the need for a backstop for AI investors, fully expecting one because the "forward-leaning" government recognizes AI as a national security asset.

If you liked the 2008 bank bailout, you're going to LOVE the 2026 AI (and crypto) bailout garymarcus.substack.com/p/if-you-tho...

“As Mamdani’s dramatic upset makes clear, his is the path forward: a robust, big-tent grassroots political organization that incorporates the populism rather than shutting it out and speaks to the needs of voters fed up with a sclerotic party establishment. It’s about damn time.”

That's also what they indicated in their IPO S1 form back in 2020: "We are working towards becoming the default operating system across the U.S. government. Our victory in federal court now makes that possible." This has been the growth strategy (p.7). www.sec.gov/Archives/edg...

This is a really good interview. You sense that if @colbylsmith.bsky.social had pressed Miran any harder he would have walked out but instead she gets him to fully lay out all the contradictions of his role and his economic philosophy. www.nytimes.com/2025/11/01/u...

It's genuinely strange even the most sober commentators don't see the obvious tension between independence and accountability. www.ft.com/content/e2db...

Nobody tells you that being middle aged means you now must get into a safe position when you’re going to sneeze, so as not to pull a muscle in your neck.

“The successor presidencies of Democrats Barack Obama and Joe Biden decried the power grabs Cheney pursued but mostly pocketed his gains for their own purposes.”

“What impact will the rent freeze have, then, on the current impasse? Already, the centrality of the demand to the mayoral race has opened up a new chapter in the struggle for a sane housing policy.” NEW: Cea Weaver on housing politics in New York City www.phenomenalworld.org/analysis/sta...

New to MotL? Start here 👇

Highly recommend @colbylsmith.bsky.social's interview with Steven Miran. She really pushes him to explain his thinking on interest rates, immigration, and other topics. (Whether you find his explanations credible is up to you.) #EconSky www.nytimes.com/2025/11/01/u...

Global economics inequality is reaching a tipping point and the world needs an "IPCC of inquality" to help track and understand the problem. Thats the main point of todays report of the G20 Expert Group on Global Inequality - led by Joseph Stiglitz, Jayati Ghosh ipdcolumbia.org/event/landma...

Ghassan Hage, Pierre Bourdieu′s Political Economy of Being - @dukepress.bsky.social, October 2025. The Introduction is open access at this link www.dukeupress.edu/pierre-bourd... @anthroprofhage.bsky.social

Sven Beckert in the NYT missing the point about neoliberalism. www.nytimes.com/2025/11/04/o...

This is like trying to explain my work on the Federal Reserve to family and they instantly assume I'm channeling Ron Paul.

🚨New publication with Kristijan Kotarski: Enduring Structural Power? Assessing the Dominance of the Anglosphere in Global Finance Before the Trump Turn Includes novel visualizations of global finance (banking, portfolio inv & FDI) showing persistent US centrality hrcak.srce.hr/clanak/487488

"The Cotton Kings did something that neither Freddy, nor Fannie, nor any of “too big to fail” banks managed to do. They secured an explicit and total government guarantee for their banks, placing taxpayers on the hook for interest and principal." publicseminar.org/2015/08/slav...

the age of permanent QE, i.e. the iron lung for the global economy on.ft.com/47PlloZ

Trump has gutted federal banking supervision, making it even easier for Wall Street to engage in risky behavior and rip you off.

I have an essay on self-help, the "philosophy" industry, and human finitude in our new issue. As Dylan said of "Tangled Up In Blue," it took me ten years to live and two to write. I hope you enjoy. www.thedriftmag.com/how-i-learne...

This is just such a truly profound book.

Top 10% by income now getting half of all consumption

Anything amiss with our $181 bn incentives for wealthy property investors? Any contribution to overheated housing demand? Any role in driving fastest house price rises in 4 years of vertical house price increases? Asking for an anxious FHBuyer.

‘Study after study shows that students want to develop these critical thinking skills, are not lazy, and large numbers of them would be in favor of banning ChatGPT and similar tools in universities’, says @olivia.science www.ru.nl/en/research/...

Reply to some great comments on mine and Gavin Wood’s piece on #housing, the asset economy and a resurgence of rentier capitalism www.tandfonline.com/doi/full/10....

What are the corporate donors to Trump's White House ballroom expecting in return? @ddayen.bsky.social and our friends at @prospect.org have the answers.

Daniel James and Franz Knappik, Hegel and Colonialism - Cambridge University Press, October 2025 - print and open access www.cambridge.org/core/element...

From Massumi's theses on contemporary fascism - this is so crucial and so poorly understood. www.journals.uchicago.edu/doi/10.1086/...

Academia scaling new heights...

🚨New paper alert🚨 My analysis of the energy crisis in Britain for @geographers.bsky.social as one of a transition between capitalism based on fossil capital to one based on electrify capital, which calls for a new accumulation regime of higher co-ordination and discipline for capital.

Today, David Abraham examines how various fractions of capital—both in our time and during Weimar Germany—chose to abandon democracy in favor of an uncertain future.

this all happening in tandem with deregulating and promoting the crypto universe is kind of, well, 😬

It's not an intellectual misapprehension but a practical confusion that makes fighting authoritarian currents that much more difficult (and the fact that it creates some short-term advantages for mobilisation makes the problem even worse). Just channeling Adorno here...

The point that this piece does not get to is that the ability to convey strong impressions of novelty - not just to supporters but crucially also to opponents - is one of the key strengths of reactionary movements. jacobin.com/2025/10/libe...

🚨 Today, Common Wealth launches the Green Planning Commission. A major new initiative to tackle the twin crises of our era: climate breakdown & the affordability crisis. To meet these challenges, we need a new era of democratic planning. 🧵 https://www.common-wealth.org/green-planning-commission

If Zohran Mamdani wins the mayoral race next month, he’ll face some major constraints funding his campaign promises. @schooldaves.bsky.social writes on the straitjacket of the municipal bond market.

Page proofs! My article addresses social ontology in Smith and Hegel and will be out soon with the Cambridge Journal of Economics.

Yay! Can’t wait for this to come out.

The Australian Basic Income Lab is proud to endorse Basic Income for a Just Transition, a bold proposal from @equalrightorg.bsky.social @give-directly.bsky.social BIEN and Project Deep. bsky.app/profile/did:...

"Estrangement of Meaning in a Wealth of Information" @sociologica.bsky.social doi.org/10.6092/issn...

So cool - what are the membership requirements for this awesome school? I am neither Danish nor Marxist but often mistaken for both.