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Current Scholarship
The New Bailments

Danielle D'Onfro

The rise of cloud computing has dramatically changed how consumers and firms store their belongings. Property that owners once managed directly now exists primarily on infrastructure maintained by intermediaries.

Current Scholarship
Borrowing Equality

Abbye Atkinson

For the last fifty years, Congress has valorized the act of borrowing money as a catalyst for equality, embracing the proposition that equality can be bought with a loan.

Current Scholarship
Does the national debt matter?

L. Randall Wray & Yeva Nersisyan

In this paper, we use the Modern Money Theory framework to analyze whether government debt (and deficits) in a country with its own sovereign currency presents a problem.

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.

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.

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
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