Constructing a monetary system based solely on inside money is only possible if the Leviathan is tamed. Otherwise: Socialism.
H/t criticize marx, criticize spinoza

Allyn Young (1924) already starting strong.

Apparently the way to end the war in Gaza is now to stop academic cooperation and exchange and boycott an Israeli artist that tries to honor and remember the victims of the October 7 massacre.
How lost!
#WeWillDanceAgain

More than 250 Jewish students at Columbia have signed this open letter.

If you have 5 minutes today, take the time to read it. Because the sentiments it expresses are what the overwhelming majority of Jewish people feel.

docs.google.com/document/u/1/d…

Can someone recommend some articles or books about the legal organization/constitution of the Holy Roman Empire? Special focus on titles and coinage would be great.

Universitäten sind politische Orte und müssen Protest aushalten und zulassen. Bei den antisemitischen Taten in der Vergangenheit an der FU und Kontrollpunkten etc. in anderen Protestcamps hält sich meine Empörung über die Räumung jetzt eher in Grenzen.

Maybe the question would have been handled better by a political scientist than an economist.

Money & Banking reading group goes brrrrrr

We need to de-risk life to make degrowth possible.

As a self-proclaimed Teilzeitstreuner durch Mitteleuropa I can highly recommend this new video by kraut.bsky.social
youtu.be/uVXgqZIsViI?si…

At this level of interest payments by the US government it's hard to see why it's not expansitory. However, these payments are highly unequal fueling the rich additionally.
H/t The Minsky Moment
#inflation

Wow. You may have seen a short version of the North America Building Trade Union (The Building Trades) video endorsement of Biden. The full video is incredible and absolutely devastating for Trump. They did not hold back. A must watch till the end.

Is there a good, technical definition of financing? A simple balance sheet extension surely doesn't capture all.

Sound finances as another, technocratic, way of constructing a anti-nazi myth in post war Germany? Great thread and very interesting lines connecting the Bundesbank to the Reichsbank and war finance.

Awesome resource for #PolSci students:
github.com/erikgahner/Pol…