How much value does the Fed's operating system create for commercial banks? In a new @brookings.edu paper, Josh Younger and I quantify two channels of transfer from the public to the private sector under ample reserves, peaking as high as $200bn annually. open.substack.com/pub/chrishug...

I'm starting a series of Substack Live conversations on Thursdays at noon Eastern. My first guest next week (5/22) will be @arnabdatta.bsky.social to discuss the efforts to set up a new national investment bank! Sign up to get a convenient reminder! open.substack.com/live-stream/...

If you're in the Bay Area, come to the Commonwealth tomorrow night! I'll be in conversation with Sen. @scottwiener.bsky.social about what we can learn from the past century of using private markets for the public good. www.commonwealthclub.org/events/2025-...

Thrilled to share my conversation with Jon Stewart on @thedailyshow.com last night! We discussed how Marketcrafters offers hope beyond the economic chaos of Trump. We need practical solutions, informed by history, to make Americans richer and more secure. youtu.be/eCHJg-LPGLw

In his new book Marketcrafters Chris Hughes does an excellent job laying out what we can do to increase opportunity and prosperity for all.

One week from today! @c-hughes.bsky.social, Stone Center Associate Director Leslie McCall, and @dorianwarren.bsky.social will discuss today's shifting economic landscape and the possibilities for change. Moderated by @feliciawong.bsky.social. Register for the in-person event or livestream!

Listening to #Marketcrafters on spotify. Iz good.

Jen Harris's latest in @foreignaffairs.com in a masterful account of the emergence of the post-neoliberal paradigm, an explanation of today's bizarre economic coalitions, and a compelling vision for the future. A must-read: www.foreignaffairs.com/united-state...

Today is launch day for the book Marketcrafters! I went on CNBC's SquawkBox to explain what it's all about -- and take on the skeptics www.cnbc.com/video/2025/0...

1/5 This morning I published an article in the @nytimes on why Trump's threat to fire Jay Powell endangers the institutional architecture of American prosperity. The Fed needs insulation from the president to maintain price stability and full employment. www.nytimes.com/2025/04/18/o...

For anyone in DC, please come join for the launch of my new book Marketcrafters at @politicsprose.bsky.social at the Wharf. I'll be in conversation with in conversation with Zach Carter on April 23rd! politics-prose.com/chris-hughes

Excited to announce the big kick-off event for my book Marketcrafters on April 24th -- a live recording of Odd Lots with @TheStalwart and @tracyalloway at the @nypl. Get your free tickets here: on.nypl.org/43Y7Wtc

The Abundance movement’s appealing vision sidesteps the messy reality of governing, opening it up to easy misappropriation ... latest on Substack. chrishughes749530.substack.com/p/the-abunda...

In my most recent Substack, I unpack Trump and Bessent's motivation to create a sovereign wealth fund to see how serious they are about it and what it means .... chrishughes749530.substack.com/p/why-trump-...

Leaders of the Social Security Administration had just opened an investigation into a career employee they believed was improperly sharing information with DOGE when Trump elevated the employee this week to acting commissioner www.washingtonpost.com/politics/202...

Three things that caught my eye this week ... from the FTC to the ballet open.substack.com/pub/chrishug...

The Trump admin's hands-off approach to AI may work in the short-term, but it's the long-term catastrophic risk that we should prioritize ... some thoughts on Substack chrishughes749530.substack.com/p/can-we-gov...

“The impacted workers include personnel hired for FAA radar, landing and navigational aid maintenance” Make sure your fellow voters know how this administration and their GOP pals in Congress are making our families less safe. apnews.com/article/doge...

@jasonfurman.bsky.social wants to turn back the clock on economic policy. But Biden-era marketcraft isn’t just a reaction—it’s a necessary evolution. My latest dives into the post-neoliberal shift, its successes, and what Furman gets wrong. open.substack.com/pub/chrishug...

Today, housing prevailed in one of Brooklyn's richest neighborhoods. Despite years of NIMBY opposition, the @council.nyc.gov land use committee voted to advance the Arrow Linen proposal bringing 250 new homes, incl. 100 income-restricted, to Windsor Terrace.