Cambridge University | Center for the Study of Global Human Movement Webinar (11 December): In Conversation: Book talk with Albena Azmanova
Author: Dan Rohde
Summer 2020
Public Money: Digital Dollars? Fed Acccounts? Postal Banking?
Contributors: John Crawford, Morgan Ricks, Lev Menand, Aaron Klein, Robert Hockett, Abbye Atkinson, Leonidas Zelmanovitz, Bruno Meyerhof Salama, Sheila Bair, James McAndrews, Yesha Yadav, Sarah Bloom Raskin, Mehrsa Baradaran, Christopher Giancarlo, Saule T. Omarova, and Nakita Q. Cuttino.
Roundtable: Public Money
S. Omarova, The Other Half of the FedAccounts Plan: What Happens on the Asset Side of the Fed’s Ledger?
November 19, 2020
Saule T. Omarova, Cornell Law School
The COVID pandemic gave a renewed sense of urgency to the idea of offering every American household and business a free digital-dollar deposit account
Announcement
Taming Capitalism before its Triumph: Author meets critics online – Nov 17
Taming Capitalism before its Triumph: Author meets critics online - Nov 17
Announcement
Searching for panelists for a panel on the political economy of commodity money (March 11-14, 2021)
Searching for panelists for a panel on the political economy of commodity money (March 11-14, 2021)
Announcement
Nov 9 | “Capitalism on Edge: on Radical Change without Crisis, Revolution, or Utopia” (book talk)
Nov 9 | “Capitalism on Edge: on Radical Change without Crisis, Revolution, or Utopia" (book talk)
Announcement
Nov 9 | Online | Aaron Jakes – Egypt’s Occupation | Book Launch & Roundtable
Nov 9 | Online | Aaron Jakes - Egypt's Occupation | Book Launch & Roundtable
Announcement
Happening Tomorrow — Third Conference on Law and Macroeconomics
The Third Conference on Law and Macroeconomics is taking place tomorrow!
Announcement
The CMS Colloquium Series Livestreamed, Thursday @ 5pm – “New Money: How Payment Became Social Media”, Lana Swartz
The CMS Colloquium Series Livestreamed, Thursday @ 5pm - “New Money: How Payment Became Social Media”, Lana Swartz
Roundtable: Public Money
A. Atkinson, On Equity within Public-Sector Banking Initiatives
October 6, 2020
Abbye Atkinson, Berkeley Law
To the extent that “banking [is] the business model of money creation,”[1] it is difficult to conceive of it in truly humanistic terms.
Roundtable: Public Money
L. Zelmanovitz and B. Meyerhof Salama, Central Bank Digital Currency: the Hidden Agenda
October 16, 2020
Leonidas Zelmanovitz and Bruno Meyerhof Salama
Calls for the Federal Reserve (Fed) to consider a Central Bank Digital Currency (CBDC) gained steam after the release last year of a white paper by Facebook and associates
Roundtable: Public Money
R. Hockett, The Inclusive Value Ledger: A Public Platform for Digital Dollars, Digital Payments, and Digital Public Banking
September 28, 2020
Robert Hockett, Cornell Law School
One fruitful way of thinking about money is simply as ‘that which pays’ in a payments system or ‘that which counts’ in a system of transaction-associated value accounting.
Roundtable 3: Race and Money
K-Sue Park, How Did Redlining Make Money?
September 25, 2020
K-Sue Park, Georgetown Law
One of the principal insights and analytical charges presented by scholars of racial capitalism is that racism makes money.
Roundtable: Public Money
J. McAndrews, Designing Financial Services for People with Low and Uncertain Income
September 1, 2020
James McAndrews, TNB USA Inc., and the Wharton Financial Institutions Center
The Center for Responsible Lending reported in June 2020 that U.S. banks collected over $11 billion in overdraft fees annually
Roundtable: Public Money
S. Raskin, What to Do While Waiting for Fed Accounts
August 27, 2020
Sarah Bloom Raskin, Duke University
My children couldn’t quite wrap their heads around the scene: a long line of cars snaking across a vast parking lot, inching slowly toward the food bank’s delivery window.
Current Scholarship
Book Review: Law and Macroeconomics as Mainstream
Bruno Meyerhof Salama, University of California, Berkeley - School of Law
In spite of its name, economic analysis of law is mostly unconcerned with money and markets. In a recently published book.
Roundtable: Public Money
A. Klein, How to Fix the Covid Stimulus Payment Problem: Accounts, Information, and Infrastructure
August 18, 2020
Aaron Klein, Brookings Institution
The financial response to the Covid crisis demonstrated the inability of the federal government to rapidly get money to people during times of crisis.
Roundtable: Public Money
M. Ricks, J. Crawford, L. Menand, FedAccounts: Digital Dollars
August 10, 2020
Morgan Ricks, Vanderbilt University John Crawford, University of California Hastings College of the Law Lev Menand, Columbia Law School
In 1989 the Board of Governors of the Federal Reserve System came out against the “basic banking” legislation that Congress
Policy Spotlight
Lacewell v. OCC
Banking: Intermediation or Money Creation
S. Das, Roundtable Wrap-up
August 3, 2020
Sannoy Das, Harvard Law School
In this brief post, I attempt to summarize the main themes that emerged from the Just Money roundtable on banking. In ten blog posts between
Roundtable 3: Race and Money
P. J. Hudson, Currency, Colonialism, and Monetary History from Below
July 28, 2020
Peter James Hudson, University of California, Los Angeles
When discussions arose concerning the potential redesign of the US twenty-dollar bill, with the visage of Andrew Jackson replaced by an image of abolitionist Harriet Tubman
Money in the Time of Coronavirus
S. Das, Roundtable Wrap-up
June 29, 2020
Sannoy Das, Harvard Law School
The Just Money roundtable was convened to analyze policy responses, emerging mostly from monetary authorities, to the economic dislocations that occurred or became imminent as the coronavirus crisis hit every corner of the globe.
Announcement
Virtual Roundtable— “Making Money American: The Monetary Regimes of the New United States”
Virtual Roundtable— "Making Money American: The Monetary Regimes of the New United States"
Announcement
D-DebtCon Happening This Week!
D-DebtCon Happening This Week!
Announcement
Launch of the Financial History Network and Webinar Series
Justmoney.org is passing along the below announcement from our colleagues at the Financial History Network
Announcement
The LPE Project is Hiring!
The LPE Project is Hiring a Deputy Director!
Virtual Currencies and the State
D. Golumbia, Why Do We Keep Taking the Cryptocurrency/Blockchain Scam Seriously?
July 3, 2020
David Golumbia, Virginia Commonwealth University
In the longer piece on which this one follows, I do what I can to show that nearly all of the claims for cryptocurrency and blockchain are false, and most are based on outright fraud.
Roundtable 3: Race and Money
M. Ralph, Finance and Violence
July 17, 2020
Michael Ralph, New York University
In the past few months, longstanding critiques about mass incarceration and police abuse have pushed a plea familiar to abolitionists into commercial journalism and casual conversation.
Current Scholarship
Technology v Technocracy: Fintech as a Regulatory Challenge
Saule Omarova, Cornell Law School
This article examines fintech as a systemic force disrupting the currently dominant technocratic paradigm of financial regulation.
Policy Spotlight
The Phenomenon of Complementary Currencies
Roundtable 3: Race and Money
D. Jenkins, Debt and the Underdevelopment of Black America
June 15, 2020
Destin Jenkins, University of Chicago
In his 1983 classic, How Capitalism Underdeveloped Black America, Manning Marable asked
Current Scholarship
Corona Crisis: Lessons of the Stress Test
Perry G Mehrling, Pardee School of Global Studies, Boston University
Perry Mehrling talks to Boston Economic Club June 3, 2020 about the Coronavirus Crisis.
Announcement
Baker Library Collection of American Currency
Baker Library Collection of American Currency
Current Scholarship
Jim Crow Credit
Mehrsa Baradaran, University of California Irvine
The New Deal created a separate and unequal credit market—high-interest, non-bank, installment lenders in black ghettos
Virtual Currencies and the State
G. Vidan, Decentralization: The Rise of a Hazardous Spec
June 12, 2020
Gili Vidan, Harvard University
In 2017, Americans wanted to know “what is Bitcoin?”
Roundtable 3: Race and Money
D. Freund, Money is productive, and racist institutions create money
June 8, 2020
David M. P. Freund, University of Maryland
No doubt many readers here will be familiar with the role of the financial sector in shaping America’s peculiar history of racial inequality
Current Scholarship
Private Markets, Public Options, and the Payment System
Peter Conti-Brown and David A. Wishnick
The speed at which money moves between people and businesses in the United States lags well behind international standards.
Current Scholarship
The evolution of the Offshore US-Dollar System: past, present and four possible futures
Steffan Murau, Joe Rini & Armin Haas
Little has contributed more to the emergence of today's world of financial globalization than the setup of the international monetary system.
Announcement
Two economic sociology postdoctoral positions at King’s College London
Critical finance studies ‘virtual’ conference, 2020
Roundtable 3: Race and Money
M. O’Malley, Money and the Limits to Self Making
May 28, 2020
Michael O’Malley, George Mason University
American debates about money have always reflected our fundamental ambivalence about capitalism itself.
Money in the Time of Coronavirus
G. Epstein, Human Capital Bonds and Federal Reserve Support for Public Education: The Public Education Emergency Finance Facility (PEEFF)
May 21, 2020
Gerald Epstein, University of Massachusetts Amherts
Public education - K-12 and public higher education - have been hit hard financially by the Covid-19 Crisis.
Roundtable 3: Race and Money
M. Baradaran, How the Right Used Free Market Capitalism against the Civil Rights Movement
May 19, 2020
Mehrsa Baradaran, University of California Irvine
In order to achieve racial justice in America, we must confront and then thoroughly reject simplistic and ahistorical myths about markets and capitalism.
Current Scholarship
The Federal Reserve Public Education Emergency Finance Facility (PEEFF): A Proposal
Gerald Epstein, University of Massachusetts Amherst
State and local finances, including for public education, have been hit hard by the COVID-19 crisis, leaving more than a $500 billion hole in their budgets.
Money in the Time of Coronavirus
D. Kennedy, The Fed Should Bail Out Low-Income Tenants and Not Just Banks and Landlords
May 12, 2020
Duncan Kennedy, Harvard Law School
In the last financial crisis millions of American home owners lost their homes while low-income renters were evicted en masse.
Announcement
CFP: Critical finance studies ‘virtual’ conference, 2020
Critical finance studies ‘virtual’ conference, 2020
Announcement
American Predatory Lending and the Global Financial Crisis
American Predatory Lending and the Global Financial Crisis, a website with data visualizations, oral histories, and policy analyses, is now live
Current Scholarship
Why is this Happening? with Chris Hayes: Saving the Economy with Saule Omarova
Why is this Happening?: Saving the Economy with Saule Omarova
Why is this Happening? Podcast Talks with Saule Omarova
Current Scholarship
The Class Politics of the Dollar System
Yakov Feygin & Dominik A. Leusder
The global dollar system has few national winners.
Current Scholarship
Analyzing the Constitutional Theory of Money: Governance, Power, and Instability
Jamee K. Moudud, Sarah Lawrence College
At the heart of the constitutional theory of money is the argument that money is central to governance.
Virtual Currencies and the State
F. Brunton, Virtual Money at the Edge-of-State
April 28, 2020
Finn Brunton, NYU Steinhardt School