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I was recently in Sri Lanka, where, thanks to our friend Ahilan, Arjun and I were able to meet with a number of people in the new left-wing government there.
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by Arjun Jayadev and J.
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Money has one face, the face of the boss: In this case, Cyrus McCormick, a strike at whose Reaper Works led to the Haymarket protests that gave us May Day.
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TLDR: The value of corporate equity relative to GDP is at a historical high.
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The following is a somewhat expanded version of testimony I presented on June 23 before the New York City Commission on Government Efficiency.
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(I had a long conversation yesterday with Eric Levitz of Vox about the New York City rent freeze and the economics of rent regulation.
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Last week, the Rent Guidelines Board voted for a freeze on the rent for New York City’s one million rent-regulated apartments, fulfilling one of Mayor Mamdani’s defining campaign promises.
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The other day, Laura and I were standing on the subway platform, on our way to see Boots Riley’s I Love Boosters12, when a young man walked up to us.
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In the front window of McNally Jackson, one of my favorite NYC bookstores.
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Arjun and I did a webinar recently on our book Against Money, organized by Merijn Knibbe.