The Crypto Crisis
The latest cryptocurrency crash illustrates why the entire financial sector needs to be subject to democratic control.
Winter 2024
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Future Monetary Theory
MMT’s account of the origin of money is a useful corrective to the stories told by orthodox economists. But a deeper history of the social construction of money opens up more radical possibilities for rethinking the monetary order.
The Sovereign Fed
In terms of crisis governance, the United States is not a country with a central bank. It is a central bank with a country.
Fed Up: The Impunity of Central Banks
The bank bailouts began a crisis of legitimacy that shows no signs of abating. And few issues illustrate the dominance of economic power over participatory democracy better than central bank independence.
