Mike Beggs
@mikejbeggs.bsky.social
Political economy, history of Australian capitalism (esp. macroeconomic policy), history of monetary theory, unions, socialism, dad jokes, some other stuff
at Common Wealth, we also propose three policies for this situation: 1. Public Investment Authority 2. Federal Grid Authority 3. Public Universal Health Care www.forcesofproduction.com/p/the-produc...
The Productive State
On Governing The Supply Side
forcesofproduction.com
Daniel Drezner@dandrezner.bsky.social · 4w agoKlein asks Allen what liberals should prioritize if they win the trifecta in 2028. Allen suggests the following: 1) Putting an end to Citizens United; 2) Creation of national service; 3) Ending gerrymandering
I have an eight, a nine, a jack and a queen. Why won’t the government give me the ten
Greg Jericho@grogsgamut.bsky.social · 4w agoIf you have tears, prepare to shed them now. The Australian on its front page has found a true victim of the govt's CGT changes
Kinda says something the normalisation of her views that this has only been mentioned by a few outlets in their #auspol reportage about the podcast
ABC News Australia@news.abc.net.au · 4w agoPauline Hanson blames end of White Australia policy for migration issues on Tommy Robinson's podcast
Bhaskar Sunkara interview covering some ideas from our book with @benburgis.bsky.social, out in September www.nytimes.com/2026/07/16/o...
Opinion | A Vision of a ‘Society Without Capitalism’
Can democratic socialism redeem the left without destroying capitalism?
nytimes.com
Some thoughts on the potential direction of travel for Andy Burnham's political economy. The interesting ideas on the left relate to with the supply side -- ownership, control and distribution -- and offer scope for action. The macro constraints still bind however. blogs.lse.ac.uk/politicsandp...
Will Andy Burnham’s political economy be any different? | LSE British Politics
Andy Burnham is about to become Prime Minister having signaled he wants to break with the political economy of the past 40 years. At the same time, he has committed to sticking with Rachel Reeves' fis...
blogs.lse.ac.uk
I have a new paper out in the Australian Journal of Politics and History: “Monetary Targeting, Wages and Inflation in 1970s Australia: Always and Everywhere a Distributional Phenomenon?” doi.org/10.1111/ajph...
I have a new paper out in the Australian Journal of Politics and History: “Monetary Targeting, Wages and Inflation in 1970s Australia: Always and Everywhere a Distributional Phenomenon?” doi.org/10.1111/ajph...
OK I decided to test-run this ultra-elaborate labor history simulation if I can recruit enough people. It's for sickos. 8/28-30, all virtual (some synchronous). Based on Durban mass strike of 1973, demanding of time within that window. Below are intro doc and intake questionnaire if you want to join
I don't think even the most dedicated haters of Bell's time at ANU expected it to be this bad archive.md/T2yTt (Hai @beneltham.bsky.social et al)
archive.md
Books to Read While the Algae Grow in Your Fur, June 2026 bactra.org/weblog/algae...
Books to Read While the Algae Grow in Your Fur, June 2026
bactra.org
My, @sunraysunray.bsky.social & @mikejbeggs.bsky.social's book "The Blueprint: How Socialism Can Work in the Real World" comes out this fall. I'd love to do a lot of university events as part of promotion (philosophy or poli sci dept's, YDSAs, etc.) Hit me up if you're at one and want to set one up!
My new opinion piece on our departments blog, the pitch: there is some very old-school economic thinking behind Japan's 'new' arms industry.
Adam David Morton@morton.bsky.social · 2mo agoThe brilliant @lucianocarment.bsky.social on the paradoxes of Japan's arms trade. Is this old state capitalism at the centre of the “new” state capitalism? @iliasalami.bsky.social @garethbryant.bsky.social @abieler.bsky.social
Dammit this impertinence is going to drive me back to a more sycophantic chatbot
Lowkey if I had to choose one economic idea from the past I'd resuscitate it'd be the Rehn-Meidner Swedish model.
Arin Dube@arindube.bsky.social · 3mo agoOne piece of discussion: how modern research about the workings of the labor market in many ways supports the Rehn-Meidner Swedish model, emphasizing wage compression and full employment, highlighting importance of the job ladder and productivity gains from reallocation.
In response to the reappearance of MMT, I have, somewhat reluctantly, written up where the current crop of 'pop MMT' goes wrong. The short version: yes the central bank issues money; no this doesn't change anything. criticalfinance.org/2025/12/19/w...
What’s wrong with MMT?
As Marc Lavoie and John Quiggin have noted, there are ‘two MMTs’. Scholars such as Randy Wray, Eric Tymoigne and Scott Fulwiler have contributed to debates on monetary economics, instit…
criticalfinance.org
Wrote something for @OverlandJournal about the scapegoating of the Palestine solidarity rallies overland.org.au/2025/12/on-t...
On the need for a renewed democratic universalism - Overland literary journal
If we’re to emerge from this awful spiral, in which one form of identitarian chauvinism spurs the next, we’ll only do so on the basis of a very different politics: one that takes for granted the abili...
overland.org.au
A new era for LPE — a more democratic one, not subject to university administrators and not reliant on funder money. LPE lfg lpeproject.org/blog/lpe-2-0...
LPE 2.0: A New Association to Meet the Times
As the Trump administration attempts to suppress critical inquiry and operate outside of conventional legal boundaries, the work of LPE scholars, organizers, and practitioners has never been more…
lpeproject.org
The world needs is even as the universities collapse. open.substack.com/pub/hannahfo...
The Pub at the End of the University
As universities implode, the world still needs us.
open.substack.com
Yep. Also bizarre to exclude things like philanthropic revenue but not exclude any of the expenditures funded by philanthropy
Plus writing down assets; plus removing research and philanthropic income, but still counting the expenditures against that income
One thing that really annoys me in uni reporting is deducting all investment income from operating revenue to calculate an ‘underlying margin’ and presenting that as the figure that matters. It mixes reasonable (the item is volatile) with the spurious (therefore we should count it at zero)
Dr Richard Denniss@richarddenniss.bsky.social · 10mo agoGovernments have been crying poor to justify & conceal their priorities for decades…now some of our publicly owned universities are using the same neoliberal accounting tricks to claim they are in ‘crisis’ when they are hoarding records amounts of cash and shares thepoint.com.au/opinions/251...
If only we could go to the supermarket with the same attitude as uni administrators. ‘Sorry, my budget is limited so I’ve decided you are going to give me more stuff for that budget’
What’s wrong babe? You haven’t even started drafting your Five Year Plans for each of the Four Pillars of Academic Excellence
The other side is, of course - of course! - the companies making LLMs are not doing so with the goal of more easily sharing the material that people have made freely available on the web. They are doing so with the goal of enclosing it - converting the products of free human activity to commodities.
The lesson we should be taking from LLMs is the immense social value there is in having all kinds of material - all kinds of products of human intellectual labor - freely available online. They should be reminding us of the early utopian promise of the web.