The Economy of Promises: Trust, Power, and Credit in America – by Bruce G. Carruthers 

>sociology of money, banking, credit, creditworthyness, credit rating, debt, finance, financial institutions, inequality, monetary history, power, US princeton.edu 11-2022 The Economy of Promises: Trust, Power, and Credit in America – by Bruce G. Carruthers – sociology.northwestern – kellogg.northwestern– A comprehensive and illuminating account of the history of credit in America—and how it continues to divide the haves from the have-nots read … Continue reading The Economy of Promises: Trust, Power, and Credit in America – by Bruce G. Carruthers 

The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism – by Clara Mattei

austerity - past, present, future -articles, presentations, reviews - Clara E Mattei - The Capital Order - How Economists invented Austerity... political economy, monetary history

Edward Chancellor’s quixotic Interest in the Price of Time

monetary interest updates As goodreads reviewer Nilesh Jasani suggests, the title "... is a misnomer. The book is not a story of interest rates despite the occasional attempts to weave them into the narrative. Its first part provides summaries of a few most celebrated historic bubbles, followed by a long, unstructured diatribe on the state … Continue reading Edward Chancellor’s quixotic Interest in the Price of Time

What Growth? DeGrowth!

Part of series on Growth! What Growth? The Future Is Degrowth: A Guide to a World beyond Capitalism – by Matthias Schmelzer, Andrea Vetter , Aaron Vansintjan. The book explores the origins, sub-currents, and evolution of degrowth, as well as the solutions it offers for the future.

What Growth? Eco-Capitalism, Green GdP Growth, Decoupling

What Growth? Eco-Capitalism, Green GdP Growth, Decoupling - Alessio Terzi's Growth for Good and Adrienne Buller's The Value of a Whale

Growth! What Growth? Growth, Degrowth or Post-Growth?

Growth by Trussonomics may be history repeating a farce as a tragedy. But aggregate GDP-growth continues to be widely regarded as an absolute necessity. The recent article "Growth, Degrowth or Post-growth?" makes for a uniquely clear historical exposition of the positions around the critique of economic GdP-growth and its potential alternatives.

Growth! Growth! Growth! Wrong? Wrong? Wrong?

Freeports, fracking and trickle-down tax cuts wrapped in workfare austerity? Liz Truss latest Ode to Growth sounded so out of tune with realities, even the money markets didn't know if they should laugh or cry at this eye-wateringly incompetent re-hash of 1980's neolibbery. Neither FT nor Economist were amused, and the polls seemed to be … Continue reading Growth! Growth! Growth! Wrong? Wrong? Wrong?

Real World Economics Review Out Now: positional vs MMT money, power narratives, viral neoliberalism, blundering equilibrium, teaching hetero 101 productivity, zero evidence free trade, de-externalising stress, Scottish currencies, GDP and Jayati Ghosh’s political economy of development

paecon.net/pdf - gg/pdf 9-2022 Real World Economics Review download here Two conceptions of the nature of money: clarifying differences between MMT and money theories sponsored by social positioning theory - by Tony Lawson ..."...unlike conceptions of the nature of money and money histories etc., the policy proposals associated with MMT, in their basics, do not … Continue reading Real World Economics Review Out Now: positional vs MMT money, power narratives, viral neoliberalism, blundering equilibrium, teaching hetero 101 productivity, zero evidence free trade, de-externalising stress, Scottish currencies, GDP and Jayati Ghosh’s political economy of development

The Queen – Your Queen – My Queen

The Queen, alas, I have never met in person. But I had four encounters of a kind. E.R.II entered my life on a stamp. A stamp noticeable not least for having not a word on it? "...I guess the English were the first to have stamps? Like everything else, having invented the Industrial Revolution..." is … Continue reading The Queen – Your Queen – My Queen

Hetero Economist Slips Into The News

gaiamoney spots a hetero economist on the bbc news: focus on the bigger picture: inflation & the cost of living crisis; the lack of growth, investment & productivity; and, as ever, the unsustainability of global inequality & the ecological crises.

The Eternal Near-Death of Democracy, Globalism and Neoliberalism – A Global Panorama in Political Economy – mit Wolfgang Streeck’s “Zwischen Globalismus & Demokratie”

Zwischen Globalismus und Demokratie, Nine Lives of Neoliberalism, Neoliberalism and the Social Contract – A Historical Perspective

Sommerzeit ist Lesezeit – Maurice Höfgen’s Lesetipps für Einsteiger und Finanznerds, für Strand und Schreibtisch! with english reading tips

Maurice Höfgen - Geld für die Welt - Der Newsletter für progressive Wirtschaftspolitik - One Dollar Note - Bondi Beach Library mauricehoefgen.com 3-7-2022 Sommerzeit ist Lesezeit - by Maurice Höfgen "Geld ist nicht knapp. Zeit aber schon. Deshalb: Augen auf bei der Lektürewahl! Weil ich häufig nach Lesetipps gefragt werde, habe ich eine kleine Auswahl … Continue reading Sommerzeit ist Lesezeit – Maurice Höfgen’s Lesetipps für Einsteiger und Finanznerds, für Strand und Schreibtisch! with english reading tips

Bears Bearing Biblical Bust? Markets to Expect Hellish Bonfire of Corrections ?

Is a global financial crisis inevitable? Does the end of QE means recession? Only austerity can cure inflation? The correction from Hell for asset evaluations? Stocks, shares, bonds, crypto, gold now and then updates 11-2022

Energy Tycoon Wipes out Ortho Dogma – Cost of Living, Levelling Up and the Windfall Tax

unemployment down, vacancies up, wages down, inflation up, universal credit down, national insurance up - Cost of Living Hits Hard. Hard Enough to Find Money in a Windfall Tax?

ECO CRISIS – The kids are not ok – Un jeune désespoir – The planetary climate clock, in human time – by Julia Steinberger

ECO CRISIS - The kids are not ok - Un jeune désespoir - The planetary climate clock, in human time - by Julia Steinberger

(IN)EQUALITY now(ish) with Thomas Piketty, Lisa Adkins etal, Brett Christophers, Edward Fullbrook etal, Tade Oludayo, Anthony B. Atkinson

global inEQUALITY now(ish) with Thomas Piketty, Lisa Adkins etal, Brett Christophers, Edward Fullbrook etal, Tade Oludayo, Anthony B. Atkinson

The Currency of Politics: The Political Theory of Money from Aristotle to Keynes – by Stefan Eich

Stefan Eich examines six crucial episodes of monetary crisis, recovering the neglected political theories of money in the thought of such figures as Aristotle, John Locke, Johann Gottlieb Fichte, Karl Marx, and John Maynard Keynes. He shows how these layers of crisis have come to define the way we look at money, and argues that informed public debate about money requires a better appreciation of the diverse political struggles over its meaning.

Neo-Liberal Market Failure?

THE RISE AND FALL OF THE NEOLIBERAL ORDER - AMERICA AND THE WORLD IN THE FREE MARKET ERA - by GARY GERSTLE - reviews -articles

Inequality – The Long View

This post points to several recent books on historic global inequality. “A Genetic History” by Carles Lalueza-Fox , “The Journey of Humanity: The Origins of Wealth and Inequality” by Oded Galor and “The Asset Economy and the End of Social Mobility” by Lisa Adkins, Melinda Cooper and Martijn Konings. But first a nod to the Dawn of Everything – A New History of Humanity by David Graeber and David Wengrow...

Origins and History of the Passions of War

In BLOOD RITES, Barbara Ehrenreich confronts the mystery of the human attraction to violence: What draws our species to war and even makes us see it as a kind of sacred undertaking? BLOOD RITES takes us on an original journey from the elaborate human sacrifices of the ancient world to the carnage and holocaust of twentieth-century "total war."

hetero highlights > Monetäre Kriegsführung – global supply chains at war – Austrian war propaganda – US sabotage for quants – Dutch monetary enlightenment – global post neo-liberal economics – diversity and disaggregation – Covid democracy in Cuba – Marxist revival in Japan

Monetäre Kriegsführung - global supply chains at war - Austrian war propaganda - US sabotage for quants - Dutch Monetary Enlightenment - global post neo-liberal economics - diversity and disaggregation - Covid democracy in Cuba - Marxist revival in Japan

DIE MONETÄRE MASCHINE – Aaron Sahr’s Kritik der Finanziellen Vernunft

DIE MONETÄRE MASCHINE - Kritik der Finanziellen Vernunft - Aaron Sahr - Rezensionen, Buchbesprechungen, Pressestimmen, Podcasts, Videos -

hetero highlights

next generation political economy - hetero research - quantum , crypto, feminist, degrowth economics, monetary mechanics, NFT, metaverse, D Orrell, Y Veroufakis,

DEGROWTH – ALT-, non GDP- post-growth – updates

updates here see also 2021 degrowth-auf-deutsch/ 2020 decroissance-for-xmas-anyone/ 2020 greta +g rowth 2019 stiglitz-wants-gdp-retired/ climate crisis eco crisis ecological economics energy Greenwash Green Finance/Investment/ESG Growth! What Growth? natural resources Pluriverse Post -capitalist, -colonial, -growth sustainability https://gaiageld.com/gdp-growth-degrowth-decoupling-transition/ degrowth updates 11-2022 >Economic Sociology, Critical Management Studies, Alternative forms of management and organization, Organization Studies,Sociology of Organizations, Socio … Continue reading DEGROWTH – ALT-, non GDP- post-growth – updates

updates – Crash? What Crash!

Land&Wine Who says US rates will go up for real? Maybe the Fed's endlessly extended expectation will do. No real rise yet but there has been worried talk of liquidity problems all along. Bears may gasp for breath as the very idea of de-leveraging seems to evaporate. Unperturbed, the ageing bull isn't roaring but keeps … Continue reading updates – Crash? What Crash!

David Orrell’s Quantum Money Magic – a must-read for would-be economists

book review- David Orrell's impressive, intelligent and imaginative bomb of a book is a highly recommended read for all connoisseurs of curiosity and hope and an absolute must-read for would-be economists. - Before you invest years of your time and 1000s of your dollars to practice 101 Mankiw, take time to read this book. Don't pay big bucks before you've read this quantum leap of a mind-bender destroying incumbent thought like there is a tomorrow. It'll reach parts of your quantum brain you could never code into clockwork DSGE. Read this book to reconsider the relevant marginal utilites. Especially if you are a bit of a quant, a bit nerdy or a bit curious.

updates

UPDATES #agency- attention, consciousness, IDentity #commons #democracy MONEY #finance #monetary/fiscal #inflation #markets - ALTcurrencies- #CBDC, #crypto- bitcoin #internet- big tech, web, metaverse ECONOMICS- #hetero research #ortho mainstream #housing #INEQUALITY #population #work- trading, gig #science ECO-logical crises- #climate, #biodiversity #sustainability #energy- nuclear, greenwashing #food, farming, agriculture #"green"GDP-GROWTH, decoupling, techno fix, Bill Gates #green techno, re-use #growth, eco-crisis, #GDP #plastic POLLUTION- futures, microplastics, export #green investment, ESG #greenwashing #pre-HISTORY- ID, gender, archeology, anthropology - Dawn of History by D. Graeber, D. Wengow #ancient to classic #classic to modern #global justice- colonialism, ecology/earth sciences, eco-crisis, monetary/IMF #slave trade, racism #hidden history

Milton Friedman’s Interest Rate Fallacy

strange positive correlation between borrowing volumes and interest rate levels? - uncreditworthy businesses are altogether excluded from global debt markets...

Neue Wirtschafts Woche – Heiner Flassbeck’s Schuldenbremse, Ulrike Herrmann zur Ampel, Quantum Ökonomik, Plurale Ökonomik, Gamm’s Geld, QE + Mehr!

Schnittstelle zwischen Wirtschafts- und Naturwissenschaften - Quantum Economics von David Orell - Ulrike Herrmann Ampelkoalition - Geld als Buchfuehrung - Paul Steinhardt zu QE - Einfuehrung zum Thema Geld