New Left EViews
@newlefteviews.bsky.social
Economist, writer etc • Int'l & European political economy, geoeconomics, climate. Some fraction of patreon.com/eurotrash. Tragic AS Roma fan.
Reposted by New Left EViews
Excellent review & essay by @newlefteviews.bsky.social on thinking about capitalism's role today, including this key reminder that the global economic order is itself responsible for the domestic challenges to it in the US that risk undermining its key patron
www.newstatesman.com/ideas/2025/1...
www.newstatesman.com/ideas/2025/1...
How not to talk about capitalism
The more it penetrates our daily lives, the less we seem to understand the “system that runs the world”
www.newstatesman.com
December 8, 2025 at 1:03 PM
Excellent review & essay by @newlefteviews.bsky.social on thinking about capitalism's role today, including this key reminder that the global economic order is itself responsible for the domestic challenges to it in the US that risk undermining its key patron
www.newstatesman.com/ideas/2025/1...
www.newstatesman.com/ideas/2025/1...
Reposted by New Left EViews
For Jacobin, I sat with @michaelpettis.bsky.social for a long conversation about the global trading system. We talked about his influential framework for understanding imbalances, hashed out some of our disagreements, discussed the role of finance and remedies.
jacobin.com/2025/12/glob...
jacobin.com/2025/12/glob...
December 7, 2025 at 3:25 PM
For Jacobin, I sat with @michaelpettis.bsky.social for a long conversation about the global trading system. We talked about his influential framework for understanding imbalances, hashed out some of our disagreements, discussed the role of finance and remedies.
jacobin.com/2025/12/glob...
jacobin.com/2025/12/glob...
Reposted by New Left EViews
"If my country engages in industrial policy to increase the manufacturing share of my economy, then whether you like it or not, my industrial policy becomes your industrial policy in reverse."
jacobin.com/2025/12/glob...
jacobin.com/2025/12/glob...
For Jacobin, I sat with @michaelpettis.bsky.social for a long conversation about the global trading system. We talked about his influential framework for understanding imbalances, hashed out some of our disagreements, discussed the role of finance and remedies.
jacobin.com/2025/12/glob...
jacobin.com/2025/12/glob...
December 7, 2025 at 3:36 PM
"If my country engages in industrial policy to increase the manufacturing share of my economy, then whether you like it or not, my industrial policy becomes your industrial policy in reverse."
jacobin.com/2025/12/glob...
jacobin.com/2025/12/glob...
For Jacobin, I sat with @michaelpettis.bsky.social for a long conversation about the global trading system. We talked about his influential framework for understanding imbalances, hashed out some of our disagreements, discussed the role of finance and remedies.
jacobin.com/2025/12/glob...
jacobin.com/2025/12/glob...
December 7, 2025 at 3:25 PM
For Jacobin, I sat with @michaelpettis.bsky.social for a long conversation about the global trading system. We talked about his influential framework for understanding imbalances, hashed out some of our disagreements, discussed the role of finance and remedies.
jacobin.com/2025/12/glob...
jacobin.com/2025/12/glob...
Reposted by New Left EViews
Je vous recommande cette lecture de livres récents sur le capitalisme, son histoire et son présent.
@newlefteviews.bsky.social fait utilement le point sur le problème que pose cette catégorie historique qui voudrait tout embrasser, au risque de perdre son sens.
www.newstatesman.com/ideas/2025/1...
@newlefteviews.bsky.social fait utilement le point sur le problème que pose cette catégorie historique qui voudrait tout embrasser, au risque de perdre son sens.
www.newstatesman.com/ideas/2025/1...
How not to talk about capitalism
The more it penetrates our daily lives, the less we seem to understand the “system that runs the world”
www.newstatesman.com
December 7, 2025 at 10:22 AM
Je vous recommande cette lecture de livres récents sur le capitalisme, son histoire et son présent.
@newlefteviews.bsky.social fait utilement le point sur le problème que pose cette catégorie historique qui voudrait tout embrasser, au risque de perdre son sens.
www.newstatesman.com/ideas/2025/1...
@newlefteviews.bsky.social fait utilement le point sur le problème que pose cette catégorie historique qui voudrait tout embrasser, au risque de perdre son sens.
www.newstatesman.com/ideas/2025/1...
Reposted by New Left EViews
For the New Statesman, I wrote about this thing we call capitalism. By way of Borges and Braudel, I review the mappings and musings in Sven Beckert’s and Branko Milanovic’s brilliant new books.
www.newstatesman.com/ideas/2025/1...
www.newstatesman.com/ideas/2025/1...
How not to talk about capitalism
The more it penetrates our daily lives, the less we seem to understand the “system that runs the world”
www.newstatesman.com
December 6, 2025 at 2:32 PM
For the New Statesman, I wrote about this thing we call capitalism. By way of Borges and Braudel, I review the mappings and musings in Sven Beckert’s and Branko Milanovic’s brilliant new books.
www.newstatesman.com/ideas/2025/1...
www.newstatesman.com/ideas/2025/1...
Reposted by New Left EViews
"Braudel’s accounts brim with erudition and style but leave us unclear about what actually drives historical developments. They are too broad, or, as Charles Tilly quipped: “broad, broader… Braudel”."
Always read @newlefteviews.bsky.social.
Always read @newlefteviews.bsky.social.
For the New Statesman, I wrote about this thing we call capitalism. By way of Borges and Braudel, I review the mappings and musings in Sven Beckert’s and Branko Milanovic’s brilliant new books.
www.newstatesman.com/ideas/2025/1...
www.newstatesman.com/ideas/2025/1...
How not to talk about capitalism
The more it penetrates our daily lives, the less we seem to understand the “system that runs the world”
www.newstatesman.com
December 6, 2025 at 3:00 PM
"Braudel’s accounts brim with erudition and style but leave us unclear about what actually drives historical developments. They are too broad, or, as Charles Tilly quipped: “broad, broader… Braudel”."
Always read @newlefteviews.bsky.social.
Always read @newlefteviews.bsky.social.
Reposted by New Left EViews
Beckert departs from...conventional historical timelines, in which capitalism comes of age in the early modern period, drives the agricultural & industrial revolutions & conquers the world on the backs of empires
Instead, Beckert starts...12th century in Yemen
www.newstatesman.com/ideas/2025/1...
Instead, Beckert starts...12th century in Yemen
www.newstatesman.com/ideas/2025/1...
How not to talk about capitalism
The more it penetrates our daily lives, the less we seem to understand the “system that runs the world”
www.newstatesman.com
December 6, 2025 at 1:27 PM
Beckert departs from...conventional historical timelines, in which capitalism comes of age in the early modern period, drives the agricultural & industrial revolutions & conquers the world on the backs of empires
Instead, Beckert starts...12th century in Yemen
www.newstatesman.com/ideas/2025/1...
Instead, Beckert starts...12th century in Yemen
www.newstatesman.com/ideas/2025/1...
For the New Statesman, I wrote about this thing we call capitalism. By way of Borges and Braudel, I review the mappings and musings in Sven Beckert’s and Branko Milanovic’s brilliant new books.
www.newstatesman.com/ideas/2025/1...
www.newstatesman.com/ideas/2025/1...
How not to talk about capitalism
The more it penetrates our daily lives, the less we seem to understand the “system that runs the world”
www.newstatesman.com
December 6, 2025 at 2:32 PM
For the New Statesman, I wrote about this thing we call capitalism. By way of Borges and Braudel, I review the mappings and musings in Sven Beckert’s and Branko Milanovic’s brilliant new books.
www.newstatesman.com/ideas/2025/1...
www.newstatesman.com/ideas/2025/1...
Reposted by New Left EViews
These two pieces (essay from @newlefteviews.bsky.social and conversation/debate from @danielagabor.bsky.social pushing back some orthodoxy from Haldane with clarifications) pair really well together on central banks and their "independence"
jacobin.com/2025/08/cent...
www.lrb.co.uk/podcasts-and...
jacobin.com/2025/08/cent...
www.lrb.co.uk/podcasts-and...
Podcast: Daniela Gabor, Andrew Haldane and James Butler · On Politics: Do bond markets and the Bank of England run Britain?
www.lrb.co.uk
November 26, 2025 at 3:51 PM
These two pieces (essay from @newlefteviews.bsky.social and conversation/debate from @danielagabor.bsky.social pushing back some orthodoxy from Haldane with clarifications) pair really well together on central banks and their "independence"
jacobin.com/2025/08/cent...
www.lrb.co.uk/podcasts-and...
jacobin.com/2025/08/cent...
www.lrb.co.uk/podcasts-and...
Reposted by New Left EViews
Splendid text, by @newlefteviews.bsky.social, reviewing a book I haven't read, Beckert's, and one, @brankomilan.bsky.social's, which I would like to review
www.newstatesman.com/ideas/2025/1...
www.newstatesman.com/ideas/2025/1...
How not to talk about capitalism
The more it penetrates our daily lives, the less we seem to understand the “system that runs the world”
www.newstatesman.com
December 6, 2025 at 12:24 PM
Splendid text, by @newlefteviews.bsky.social, reviewing a book I haven't read, Beckert's, and one, @brankomilan.bsky.social's, which I would like to review
www.newstatesman.com/ideas/2025/1...
www.newstatesman.com/ideas/2025/1...
Reposted by New Left EViews
“…central bankers like Powell or Ueda are now the resplendent agents of world history, whose every word is of global systemic and political import and whose meticulously scripted press conferences weigh on the minds of financial analysts like a dull nightmare.” - @newlefteviews.bsky.social
October 16, 2025 at 11:18 PM
“…central bankers like Powell or Ueda are now the resplendent agents of world history, whose every word is of global systemic and political import and whose meticulously scripted press conferences weigh on the minds of financial analysts like a dull nightmare.” - @newlefteviews.bsky.social
Reposted by New Left EViews
🚨🎙️
Friends –– David Adler, Anton Jäger and I are restarting our 'Eurotrash' podcast. Our first ep back is actually an important one, with David reporting from the Global Sumud Flotilla currently en route to Gaza, bearing aid and being attacked by drones. Listen in!
www.patreon.com/posts/15-eur...
Friends –– David Adler, Anton Jäger and I are restarting our 'Eurotrash' podcast. Our first ep back is actually an important one, with David reporting from the Global Sumud Flotilla currently en route to Gaza, bearing aid and being attacked by drones. Listen in!
www.patreon.com/posts/15-eur...
September 24, 2025 at 3:28 PM
🚨🎙️
Friends –– David Adler, Anton Jäger and I are restarting our 'Eurotrash' podcast. Our first ep back is actually an important one, with David reporting from the Global Sumud Flotilla currently en route to Gaza, bearing aid and being attacked by drones. Listen in!
www.patreon.com/posts/15-eur...
Friends –– David Adler, Anton Jäger and I are restarting our 'Eurotrash' podcast. Our first ep back is actually an important one, with David reporting from the Global Sumud Flotilla currently en route to Gaza, bearing aid and being attacked by drones. Listen in!
www.patreon.com/posts/15-eur...
🚨🎙️
Friends –– David Adler, Anton Jäger and I are restarting our 'Eurotrash' podcast. Our first ep back is actually an important one, with David reporting from the Global Sumud Flotilla currently en route to Gaza, bearing aid and being attacked by drones. Listen in!
www.patreon.com/posts/15-eur...
Friends –– David Adler, Anton Jäger and I are restarting our 'Eurotrash' podcast. Our first ep back is actually an important one, with David reporting from the Global Sumud Flotilla currently en route to Gaza, bearing aid and being attacked by drones. Listen in!
www.patreon.com/posts/15-eur...
September 24, 2025 at 3:28 PM
🚨🎙️
Friends –– David Adler, Anton Jäger and I are restarting our 'Eurotrash' podcast. Our first ep back is actually an important one, with David reporting from the Global Sumud Flotilla currently en route to Gaza, bearing aid and being attacked by drones. Listen in!
www.patreon.com/posts/15-eur...
Friends –– David Adler, Anton Jäger and I are restarting our 'Eurotrash' podcast. Our first ep back is actually an important one, with David reporting from the Global Sumud Flotilla currently en route to Gaza, bearing aid and being attacked by drones. Listen in!
www.patreon.com/posts/15-eur...
Reposted by New Left EViews
One point: central bank independence was the core tenet of neoliberalism, but it was the rise of market-based finance and the deflationary bias in fiscal policy, key features of the neoliberal era, that forced central banks into a position that made political backlash inevitable.
Re: Trump v Fed: Some (very hastily written and heavily edited) reflections on the nature of central bank–government interdependence in the era of crisis and how financial- not fiscal dominance is what should be keeping us up at night. Also Powell is Thomas Becket.
jacobin.com/2025/08/cent...
jacobin.com/2025/08/cent...
August 28, 2025 at 8:46 PM
One point: central bank independence was the core tenet of neoliberalism, but it was the rise of market-based finance and the deflationary bias in fiscal policy, key features of the neoliberal era, that forced central banks into a position that made political backlash inevitable.
Reposted by New Left EViews
This is a great article on Central Bank "Independence" jacobin.com/2025/08/cent...
The Long Twilight of Central Bankism
Historically low levels of inflation and a defeated labor movement made the era of central bank independence possible. But the 2008 crash repoliticized the institution. Donald Trump’s attack on Lisa C...
jacobin.com
August 31, 2025 at 2:48 PM
This is a great article on Central Bank "Independence" jacobin.com/2025/08/cent...
Reposted by New Left EViews
Lev Menand is blistering here. Must listen. Meeting the moment. Incredible stuff from @weisenthal.bsky.social and @tracyalloway.bsky.social on Odd Lots.
overcast.fm/+AA5AWNdOBV0
overcast.fm/+AA5AWNdOBV0
Lev Menand on Trump’s Attempt to Fire the Fed’s Lisa Cook — Odd Lots
overcast.fm
August 27, 2025 at 12:02 AM
Lev Menand is blistering here. Must listen. Meeting the moment. Incredible stuff from @weisenthal.bsky.social and @tracyalloway.bsky.social on Odd Lots.
overcast.fm/+AA5AWNdOBV0
overcast.fm/+AA5AWNdOBV0
Reposted by New Left EViews
Incisive writing here on the "central bank independence" that Trump is undermining.
Can't help but think about this from a climate perspective, as climate policymaking, like inflation, suffers from a time inconsistency and credibility problem. What would a "climate Fed" do?
Can't help but think about this from a climate perspective, as climate policymaking, like inflation, suffers from a time inconsistency and credibility problem. What would a "climate Fed" do?
Re: Trump v Fed: Some (very hastily written and heavily edited) reflections on the nature of central bank–government interdependence in the era of crisis and how financial- not fiscal dominance is what should be keeping us up at night. Also Powell is Thomas Becket.
jacobin.com/2025/08/cent...
jacobin.com/2025/08/cent...
August 29, 2025 at 7:53 PM
Incisive writing here on the "central bank independence" that Trump is undermining.
Can't help but think about this from a climate perspective, as climate policymaking, like inflation, suffers from a time inconsistency and credibility problem. What would a "climate Fed" do?
Can't help but think about this from a climate perspective, as climate policymaking, like inflation, suffers from a time inconsistency and credibility problem. What would a "climate Fed" do?
Reposted by New Left EViews
A refreshing take on the myth of central bank independence: The Long Twilight of Central Bankism jacobin.com/2025/08/cent...
The Long Twilight of Central Bankism
Historically low levels of inflation and a defeated labor movement made the era of central bank independence possible. But the 2008 crash repoliticized the institution. Donald Trump’s attack on Lisa C...
jacobin.com
August 29, 2025 at 7:59 AM
A refreshing take on the myth of central bank independence: The Long Twilight of Central Bankism jacobin.com/2025/08/cent...
Reposted by New Left EViews
Re: Trump v Fed: Some (very hastily written and heavily edited) reflections on the nature of central bank–government interdependence in the era of crisis and how financial- not fiscal dominance is what should be keeping us up at night. Also Powell is Thomas Becket.
jacobin.com/2025/08/cent...
jacobin.com/2025/08/cent...
August 29, 2025 at 10:07 AM
Reposted by New Left EViews
And: stop fretting about ‘independence’ and ‘fiscal dominance’, but the following dynamic: gov surrenders fiscal policy discretion to CB, while CB follows the lead of the out of control drunk that is the market-based financial system—financial dominance all the way down. Basically the UK.
August 28, 2025 at 9:00 PM
And: stop fretting about ‘independence’ and ‘fiscal dominance’, but the following dynamic: gov surrenders fiscal policy discretion to CB, while CB follows the lead of the out of control drunk that is the market-based financial system—financial dominance all the way down. Basically the UK.
Reposted by New Left EViews
“Since the Great Recession, central banks have been under siege from some variant of populism while propping up the financial system practically alone.”
@newlefteviews.bsky.social on the attacks on Lisa Cook and the fed, the convenient myth of independence, and a recent history of central banking.
@newlefteviews.bsky.social on the attacks on Lisa Cook and the fed, the convenient myth of independence, and a recent history of central banking.
August 28, 2025 at 9:12 PM
“Since the Great Recession, central banks have been under siege from some variant of populism while propping up the financial system practically alone.”
@newlefteviews.bsky.social on the attacks on Lisa Cook and the fed, the convenient myth of independence, and a recent history of central banking.
@newlefteviews.bsky.social on the attacks on Lisa Cook and the fed, the convenient myth of independence, and a recent history of central banking.
Reposted by New Left EViews
Re: Trump v Fed: Some (very hastily written and heavily edited) reflections on the nature of central bank–government interdependence in the era of crisis and how financial- not fiscal dominance is what should be keeping us up at night. Also Powell is Thomas Becket.
jacobin.com/2025/08/cent...
jacobin.com/2025/08/cent...
August 28, 2025 at 8:39 PM
Re: Trump v Fed: Some (very hastily written and heavily edited) reflections on the nature of central bank–government interdependence in the era of crisis and how financial- not fiscal dominance is what should be keeping us up at night. Also Powell is Thomas Becket.
jacobin.com/2025/08/cent...
jacobin.com/2025/08/cent...
And: stop fretting about ‘independence’ and ‘fiscal dominance’, but the following dynamic: gov surrenders fiscal policy discretion to CB, while CB follows the lead of the out of control drunk that is the market-based financial system—financial dominance all the way down. Basically the UK.
August 28, 2025 at 9:00 PM
And: stop fretting about ‘independence’ and ‘fiscal dominance’, but the following dynamic: gov surrenders fiscal policy discretion to CB, while CB follows the lead of the out of control drunk that is the market-based financial system—financial dominance all the way down. Basically the UK.
One point: central bank independence was the core tenet of neoliberalism, but it was the rise of market-based finance and the deflationary bias in fiscal policy, key features of the neoliberal era, that forced central banks into a position that made political backlash inevitable.
Re: Trump v Fed: Some (very hastily written and heavily edited) reflections on the nature of central bank–government interdependence in the era of crisis and how financial- not fiscal dominance is what should be keeping us up at night. Also Powell is Thomas Becket.
jacobin.com/2025/08/cent...
jacobin.com/2025/08/cent...
August 28, 2025 at 8:46 PM
One point: central bank independence was the core tenet of neoliberalism, but it was the rise of market-based finance and the deflationary bias in fiscal policy, key features of the neoliberal era, that forced central banks into a position that made political backlash inevitable.