*The End of Laissez-Faire, Then and Now — Uncertainty, Psychoanalysis, and Love of the Money* Davi José Nardy Antunes and Marilia Tunes Mazon Facamp www.tandfonline.com/eprint/CXG3I...
The End of Laissez-Faire, Then and Now — Uncertainty, Psychoanalysis, and Love of the Money
This article revisits The End of Laissez-Faire by John Maynard Keynes to highlight not only its economic implications but also its philosophical and moral dimensions, which are frequently overlooke...
tandfonline.com
Someone or someones made $580,000,000 in exquisitely well-timed oil trades that took place 15 minutes before Trump's dubiously optimistic post about the negotiations with Iran. Gift link ⤵️ giftarticle.ft.com/giftarticle/...
Traders placed $580mn in oil bets ahead of Donald Trump’s social media post on Iran talks
Thousands of Brent and WTI contracts changed hands 15 minutes before president’s message on Truth Social
giftarticle.ft.com
Palantir CEO Alex Karp: "This technology disrupts humanity's train, largely Democratic voters, and makes their economic power less, and increases the economic power of vocationally trained, working class, often male voters. These disruptions are going to disrupt every aspect of our society."
This is the largest oil supply shock in history in mb/d The enemy gets a vote. Iran is now delivering pain to Trump via multiple paths (1) Gulf Kings (2) Financial meltdown (3) AI tech oligarchs (4) Fuel, fertilizer, food disruptions Read our Polycrisis Dispatch: buttondown.com/polycrisisdi...
So the bubble bursts once AI agents start cannibalizing old-school software firms, whose valuations collapse. Which wipes out private credit firms' giant bet on software. Which def creates a credit crunch for hyperscalers & friends, probably a broader liquidity squeeze, and perhaps a crisis. Got it.
Welcome to Rip-Off Britain. A country remade by privatisation. Our latest project — Who Owns Britain? — explores how a radical experiment transformed our society and shapes your life. 🧵
hmm, the WSJ still hasnt got a clue what China's state is actually capable of in economic policy, but maybe one day they'll understand. www.uscc.gov/sites/defaul...
uscc.gov
Finbarr Bermingham@fbermingham.bsky.social · 12mo ago"China calls its hybrid 'socialism with Chinese characteristics.' The U.S. hasn’t gone as far as China or even milder practitioners of state capitalism such as Russia, Brazil and, at times, France. So call this variant 'state capitalism with American characteristics.'" www.wsj.com/economy/the-...
Wherein I get lost in BlackRock financial disclosures and Samir saves the narrative from getting lost in the minutiae.
BlackRock: A Case Study in Finance Capital (Part 1)
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thisisfincap.substack.com
Alligator Alcatraz = internment camp. This broke me… “32 individuals inside a cage. It was 81° where we were standing…inside it was probably even hotter. How do I know? Because there was individuals sweating with their shirt off, while they chanted libertad, libertad, libertad.” - State Sen Jones
In an effort to win this contest, China is building hegemony by exporting not just its green products but also in a structural shift exporting its technology, engineering, supply chains, and financing. phenomenalworld.org/analysis/bri... www.ft.com/content/e517...
China is building 74% of all current solar and wind projects, report says
Beijing is dominating construction of renewable energy sources, according to Global Energy Monitor
ft.com
Quando “Eles” dizem que o Brasil é o “país do coitadinho” e dos “direitos sem obrigações” em referência a trabalhadores e mais pobres, recebem aclamação Quando “Nós” apontamos que “Eles” têm um Congresso a defender seus interesses e isenções, recebemos pedidos de moderação 🤔
Jeff Nascimento@jnascim.info · last yr.Por toda parte vemos o “Eles” nos chamando de idiotas ou preguiçosos, uma âncora para o crescimento econômico e um entrave ao desenvolvimento do país. É uma polarização normalizada. Agora bastou inverter a equação para o chamado de moderação surgisse como algo urgente 🤨
and here is Lagarde's, SIU speech, closely aligned with Larry Fink's 'Democratising Investment' 2025 Annual Letter www.ecb.europa.eu/press/key/da...
Follow the money: channelling savings into investment and innovation in Europe
The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purch...
ecb.europa.eu
what i originally promised i'd be doing here, until politics intervened and i got distracted. so: Sectoral distribution of profits of US firms in the 2025 Forbes global 2000 list. FG2k's categories; refers to year 2024. contrasting countries coming.
www.postneoliberalism.org/articles/fin... working on a map of financial market policies of far right in 9 advanced economies; data implies asset manager capitalism nurtures economic nationalism but does so decidedly differently; far right seeks to save capitalism--Braun/Gabor/Ban meet Max Horkheimer
Finance and the Far Right
Rademacher challenges the portrayal of far-right economic policies as erratic by systematically analysing their financial strategies across eight advanced economies. Drawing on a new database of far-r...
postneoliberalism.org
Gresham’s Law of honesty: Like debased coins pushing gold from circulation, flashy lies & reckless claims crowd out TRUTH. Dishonesty brings quick rewards, attention, clicks, power so honest voices fade or adapt, trust erodes & public discourse rots cutt.ly/urRVXiDc h/t @olufemiotaiwo.bsky.social
Reckless disregard for the truth coming from cops, doctors, and scientists: A rant. | Statistical Modeling, Causal Inference, and Social Science
cutt.ly
LLMs are a vivid reminder that we already live in a planned economy. Investment is not directed by decentralized market signals, but by the conscious choices of a small group of people. www.wheresyoured.at/never-forget...
pleased to report that the closed-book exams I set this year are much better than the open-book exams, evidence that old fashion pedagogy of studying without AI until you understand the topic and can write about it is still the winner.
Amazing how every Stanley Fischer obit ignorrs that he was one of the high priests of neoliberalism/Washington Consensus, at time when IMF was wreaking havoc in Eastern Europe on.ft.com/43HhcAf
Influential economist Stanley Fischer dies
Former policymaker at the Federal Reserve, IMF and World Bank also taught generations of students
on.ft.com
We wrote about the US ruling class taking the reins to manage its own decline. What do the Trumpist factions of capital want? Can that be squared with the interests of the MAGA base? Capable state managers could potentially thread the needle, but that's all gone. With @cedricdurand.bsky.social.
America’s Braudelian Autumn | Benjamin Braun & Cédric Durand
Factions of capital in the second Trump administration
phenomenalworld.org
This is an incredible book. Well written, deep, and accessible to anyone interested in understanding our crazy and ghostly world...
Anna Kornbluh@annakornbluh.bsky.social · last yr.first person dominates in the anglo novel in the 21st century, a radical change from the previous 300 years of the novel form. for an explanation of this historical mutation and the ideology around it, check out chapter 3! (happy to send a copy to anyone) www.versobooks.com/products/303...
trying to get on board with the 'loss of sovereignty' hype around stablecoins, but cannot. what exactly would be the mechanisms for this supposed re-hegemonising of the USD?
Tony Tassell@tonytassell.bsky.social · last yr.Stablecoins and monetary sovereignty: the ball is in Europe’s court - column here by Ignazio Angeloni, former ECB supervisory board member. He argues the euro is vulnerable. And that stablecoins and central bank money should not be regulated as equivalents www.ft.com/content/212f...
A long long time ago, in a far away galaxy... the US used to tax the rich
I got the best teaching evals of my career for a large course last semester— along with three teaching awards— after rebuilding my intro class around in-class handwritten essays. I simply do not believe that this is unsolvable or that students don't care about actually learning to do their work.
New York Magazine@nymag.com · last yr.In only two years, ChatGPT has unraveled the entire academic project. James D. Walsh writes for @intelligencer.com: nymag.com/intelligence....
The response to this piece on end times fascism co-authored with @naomiaklein.bsky.social has been pretty astounding. I'm reposting in case you missed it. The governing ideology of the far right has become a monstrous, supremacist survivalism. We must build a movement strong enough to stop them.
The rise of end times fascism | Naomi Klein and Astra Taylor
The governing ideology of the far right has become a monstrous, supremacist survivalism. Our task is to build a movement strong enough to stop them
theguardian.com
