Archive (Page 18) • Schooling in Socialist America • Buttondown

Data confusion

April 29, 2020

Once again I have to recommend Econoday Unplugged for straight talk when it comes to the economy. It’s just a soft-spoken American guy who stutters a bit and...

Schools are not a loan

April 26, 2020

On April 23rd, the School District of Philadelphia announced that there will be a $1 billion shortfall in its budget over the next five years due to the...

Illyrian economics

April 24, 2020

Things are heating up. I got to the part in Joanna Bockman’s Markets in the Name of Socialism where she describes the basic outline of Yugoslavia’s socialist...

My sweet inflatable you

April 22, 2020

One of the bigger ‘destabilizing’ forces in economy is when prices of everything goes up or down. If the price of stuff goes up (inflates), then money...

Towards a socialist finance, part 2

April 20, 2020

In trying to craft some socialist concepts of finance, I’ve been reading about the history and theory of socialist economics in the 20th century. Right now...

Class struggle content

April 18, 2020

As much as I’ve been on a tare about finance, I’ve been watching some pretty awesome class struggle content on television. By which I mean streaming on my...

Response to Grace Blakely

April 17, 2020

This review by Grace Blakely crafts a good slogan about 'breaking the power of finance', but a couple things stand out to me: 1. 'Finance' isn't necessarily...

Is there a housing crisis?

April 17, 2020

I keep seeing headlines about possible housing crises in the pandemic. I decided to do a little meander around some housing indicators to see if one’s...

Are the testing numbers real?

April 16, 2020

So much of what’s happening in finance capitalism right now depends on whether it looks like the pandemic is stopping. The ruling class has eyes glued on...

Capital's Achilles heel?

April 15, 2020

I was almost right! Sort of. I’d had an instinct that the dollar swaps the Fed was doing with 20 international banks had something to do with inflation. I...

Gimme some muni

April 14, 2020

One of the historic things about the Fed’s pesach miracle was its entrance in muni markets: it committed to buying $500 billion of municipal bonds. ‘Munis’...

A capitalist dilemma

April 13, 2020

If you want to hear some capitalists going at it over one of the biggest questions for capitalism right now, listen to this Squawk on the Street podcast...

Towards a socialist finance

April 12, 2020

From the article “Concrete Utopia,” on Yugoslavian Architecture.I’m trying to understand finance as a socialist. The pandemic is a good opportunity because...

What the Fed did on Thursday

April 11, 2020

It was a pesach miracle. The Fed decided to initiate another program of $2.3 trillion, boldly buying credit it has never bought before (specifically junk...

'Green' Bonds Now

April 10, 2020

We know that carbon emissions are an emergency. They need to go down a lot and fast. We all know the Green New Deal and the Green Stimulus and other...

Poop back and forth, forever

April 9, 2020

Remember that scene from Me, You, and Everyone We Know where the little boy says I want to poop back and forth. Like, I'll poop into her butt hole... and...

The Wizard of Oz Effect

April 8, 2020

This strangely formatted article has so much important information about the financial terrain in this moment. What I’m getting from it is that there was a...

Spreading thin

April 7, 2020

Corporate debt spreads, here I come. This weekend I set myself the task of trying to understand this short piece at Econospeak on corporate credit spreads...

People before corporations?

April 6, 2020

This may be a dumb or unpopular question for a socialist to ask, but I’m interested in thinking it through: should our slogan be “people before...

What's rising?

April 5, 2020

The online news show Rising is a new favorite source for left news/analysis. I listen to it almost every day. One of the strangest and most interesting...