get caught up on the backstory while you can't get caught up on grading theamericanvandal.substack.com/p/historyofc...

This has been a LONG time in works: my paper on how dollar hegemony is a form of international law-making power. It includes a long methodological/theoretical section on why strong versions of the 'law constitutes political economy' aren't convincing papers.ssrn.com/sol3/papers....

My new book Currency of Nihilism is officially out today! In it, I develop a history and theory of financial nihilism that speaks directly to the ongoing merger of digital technology with finance. Use the code SAMMAN20 for 20% off: www.sup.org/books/politi... mngbookshop.co.uk/978150364586...

It's not Marxism. It's not post-structuralism. It's a secret third thing. 🥸 The Ontology of the Monetary Image (Wonkish)

A lot of the money behind the AI boom is coming from pension funds of working class people and when parts of the AI bubble burst, private capital gets protected, while ordinary people can be left with the losses. The AI Data Center Gold Rush: The Bailout State Behind It - youtu.be/fHwYIFa1mNE

Terrifying thought, just imagine - "Without solutions, America’s anxiety will become rage — and political backlash will follow" www.nytimes.com/2026/03/06/o...

“Much of the American public associates abundance with the ideas put forth by Ezra Klein & Derek Thompson...While they are certainly part of the picture, the incomplete policy ideas championed in the airplane book are only a glimpse of the entire abundance universe." Read the report. If you can. 🤢

People referring to Claude Code in fifty years.

Once nostalgia starts, it's unstoppable..

Like 99% of people on here, I now have a stake in the financial future of Anthropic - so I feel deeply conflicted about their surprisingly ethical stance. Will have to learn to live with this unresolvable tension.

So good - "In a bit of profound irony, data-center construction has broken free of the choke points decried by abundance to the point that it is now bidding up land value and resulting in further constraints on the supply of housing" newrepublic.com/article/2064...

@dylangyauchl.bsky.social could you follow me so I can message you? (Can't seem to find an email address).

Go read my latest in the monthly about affordability politics and why it's deeper than just price levels!

The abundance clique has an AI problem. Beyond being funded by Silicon Valley, the ecosystem features an array of tech libertarians, a smattering of technofascism, and no answers for our anti-AI moment. Read @dylangyauchl.bsky.social in @newrepublic.com! newrepublic.com/article/2064...

"what the politics of private finance teaches is the inadequacy of considering only what we can achieve in the short term, given the political constraints" www.phenomenalworld.org/analysis/fin...

nil impact no use case fortune.com/2026/02/17/a...

It wasn’t just the child tax credit. And it’s not just the Republicans.

“Any discussion of rent regulation has to grapple with the fact that owners of residential buildings pay most of their rent earnings not on maintenance or operations, but to service their debts to their creditors.” NEW by @jwmason.bsky.social www.phenomenalworld.org/analysis/aft...

The Oxford Handbook of Constituent Power is out today! Peter Niesen (based @politikuhh.bsky.social), Lucia Rubinelli (@luxirubsi.bsky.social) and I consider ourselves incredibly fortunate to be able to publish the contributions of so many wonderful colleagues. global.oup.com/academic/pro...

Oren Cass or David Harvey?

What Jeffrey Epstein knew about money Epstein’s emails show how the financial elite consolidated their wealth amid global turmoil 🖊️ @willdunn.bsky.social

Democratic elites chose donors over workers. Without an aggressive economic agenda they risk becoming the permanent minority party, warns Thomas Ferguson. @bostonreview.bsky.social  www.bostonreview.net/forum/how-no...

I often wonder if the tendency to mistake basic emotions (whether cruelty or despair) for deep insight is a distinctive feature of our era or something of all times. It seems to require both a definite capacity for critical thinking and a willingness to abuse it.

Australians are bracing for another interest rate rise because Labor has turbo-charged the housing crisis & refused to tackle corporate price gouging. If you're a mortgage holder or a renter, you face being hit by the RBA to “fix” the government’s "inflation problem".

👉 "You know you've got "research culture" right when people stop talking about research culture and just talk about their research."👈

ONE DAY LATER Larry Summers fleshed out his complaints in a Washington Post column

Hard to imagine how Larry Summers’s humiliation could be any more complete tbh

“Pantomime of thinking” is a great phrase

I've spent way too much time trying to understand Kevin Warsh's thinking, but there's not much there in the end. This is the upshot, I think:

This is subtly savage. www.ineteconomics.org/perspectives...

New book officially out 🚨 If you ever wanted to know what Italian philosophy has been up to in the last 10-20 years, look no further. “An introduction to Contemporary Italian Thought” is out today with chapters on cyberfascism, technology & work, pandemic biopolitics, and posthumanism.

New paper out - on why there won't be a return to the golden age of inflation targeting. Empirical material focused on the Reserve Bank of Australia, but the argument applies broadly, I feel. www.ppesydney.net/content/uplo...

Recently stumbled on a more or less complete, unpublished Adorno fragment on fascist propaganda & mimesis while looking thru archival materials from the early phases (ca. 42/43) of writing Dialectic of Enlightenment. Just finished a translation—you can read it here! open.substack.com/pub/jamescra...

The case against Graeberism and for Mamdanism dissentmagazine.org/article/the-...

Perhaps "the markets" are just telling us that their concern with central bank independence was never that principled to begin with.

Dear Stock Market: Trump is trying to throw the Federal Reserve chair in jail on charges even his fellow Republicans recognize as phony. Why aren’t you alarmed? Have you gone COMPLETELY deaf, dumb and blind? Love, Tim newrepublic.com/article/2052...

Bipartisanship is what's needed right now.

Jason Furman preaching about not playing politics while the Gestapo is banging down the church doors. www.nytimes.com/2026/01/12/o...

Different scenarios, but the attack on Powell illustrates in a very direct way that there won’t be a return to normal for central bankers.

MAGA understands that "to be truly transformative, it will need to control monetary policy. As the MAGA juggernaut makes a politics centred on defending the status quo increasingly incoherent, time is running out for its opposition to learn the same lesson." newleftreview.org/sidecar/post...

"A chronic, devastating cancer in American society is prominent Democrats outright refusing to share their constituents' urgency and horror in the face of what is being done to society by Republicans..."

The interview itself is such an unbearable exercise in legitimation, but this part is just a mental health problem.

“The so-called imperial boomerang is more like a deadly toxin that spreads in all directions, attacking the lungs and nervous systems of whoever happens to be standing nearby.”

"the pro-low-income worker tilt of wage gains during the Biden recovery was something we haven’t seen since the “Great Compression” of the 1940s." paulkrugman.substack.com/p/a-new-k-in...

I started a substack and am calling it, Theory Decay. This is my first (and possibly last) post. Link below:

Weirdly this is the rare Onion article that does nothing for me - please someone explain why it’s funny

Excited to see my new article "Regulatory Sandboxes: One Decade On" out in print. There's not much evidence that fintech sandboxes have benefitted anyone other than tech businesses - something we should bear in mind as policymakers rush to adopt AI sandboxes. www.law.georgetown.edu/internationa...

2025 in publications: 3 journal articles, 3 public pieces in leading journals and outlets on finance, tech, and imagination. Despite a strong year of research and impact, I’m still searching for a full-time academic or research home. It’s painful to see how normalized this precarity has become.

“The postwar deal was simple enough that it barely needed stating: education + work + time = house, security, retirement. It worked, more or less, for three generations — long enough that people mistook it for natural law rather than policy choice.” www.collisiondetector.com/riskmaxxing-...

The issue of affordability has jumped to the top of the US political agenda, threatening the Republican party’s prospects in next year’s midterm elections and weighing on Donald Trump’s presidency ft.trib.al/iE20dZc