Will Beaman joins Billy Saas & Scott Ferguson to discuss the enduring influence of David Graeber’s debt-centered work in the wake of Zohran Mamdani’s election to Mayor of New York City. Will and Scott unpack their jointly authored essay, “The Utopia of Refusal: David Graeber, Debt & the Left Monetary Imagination,” which is the latest in a series of pieces by the Money on the Left Editorial Collective to agitate for credit-centered experimentation through and beyond the Mamdani mayoralty.

We are joined by David I. Backer, associate professor of education policy at Seton Hall University, to discuss his new book: As Public as Possible: Radical Finance for America’s Schools (The New Press, 2025). The right-wing attack on education has cut deep. In response, millions of Americans have rallied to defend their cherished public schools. Backer’s incisive book asks whether choosing between our embattled status quo and the stingy privatized vision of the right is the only path forward.

Billy Saas and Scott Ferguson are joined by Will Beaman to discuss Money on the Left’s framework for what we call “Democratic Public Finance” (DPF). According to this paradigm, money is public credit, a capacious tool for mobilizing everyone’s capacities to meet our needs and build a desirable future.

We speak with Caroline Levine, Ryan Professor of the Humanities in the Department of Literatures in English at Cornell University, about her important book The Activist Humanist: Form and Method in the Climate Crisis (Princeton University Press, 2023). Building on the theory developed in her award-winning book, Forms: Whole, Rhythm, Hierarchy, Network, Levine’s The Activist Humanist redirects the critical capacities of formalist literary study to discover and mobilize the democratic potential of political forms thought by many on the left to be irredeemably exclusive, violent, and anti-democratic.

Money on the Left is proud to publish a remastered version of our third episode with Fadhel Kaboub, now with a new transcript and art. Kaboub is associate professor of economics at Denison and President of the Global Institute for Sustainable Prosperity. In our conversation, Kaboub outlines a new critical approach to postcolonial political economy, arguing that re-gaining fiscal agency is a crucial next step for postcolonial nations hoping to achieve social, economic, and environmental justice.

We speak with Vijay Raghavan, Professor of Law at the Brooklyn Law School, about his recent article, “The Radical Potential of Consumer Financial Protection,” published in Boston College Law Review in April 2025. Raghavan builds on the work of constitutional money theorists, as well as his legal experience in the public sector. In particular, he argues that consumer financial protection is an essential and potentially radical response to the “finance franchise,” a predominantly anti-democratic process by which modern governments delegate the money creation process to private actors like banks.

Heterodox economist Jamee K. Moudud returns to Money on the Left to discuss his new book, Legal and Political Foundations of Capitalism: The End of Laissez-Faire? (Routledge, 2025). The phrase “institutions matter” is a common refrain among economists, including many who have proposed progressive alternatives to free market fundamentalism. For Moudud, however, this proposition doesn’t go far enough, leaving a host of problematic assumptions unquestioned. To remedy this, Moudud draws on the Original Institutional Economics and American Legal Realist traditions to propose a robust theory of legal institutionalism or institutional political economy.

In this episode, we share Part 2 of our coverage of The Black University & Community Currencies workshop. Held April 25, 2025 on the campus of Morehouse College, the workshop fostered dialogue between students, faculty, and activists about the radical possibilities of public money for higher education, broadly, and for communities at and around Morehouse, specifically. The occasion for the workshop was the conclusion of a semester in which students enrolled in Professor Andrew Douglas’s advanced political theory course at Morehouse implemented a classroom currency called the CREDO for use by Morehouse students. 

In this episode, Money on the Left shares audio from “The Black University & Community Currencies,” a public workshop convened by Professor Andrew J. Douglas at Morehouse College on April 25, 2025. This episode presents Part 1 of the workshop. It features an introduction by Professor Douglas and two panels. The first panel is titled “What is Public Money?” (Delman Coates, Scott Ferguson & Benjamin Wilson. The second asks: “What is the Uni Currency Proposal?” (Scott Ferguson & Benjamin Wilson). 

Rohan Grey, Assistant Professor of Law at Willamette University, joins Money on the Left to discuss his urgent new paper, “Digitizing the Fisc.” During our conversation, we recount the events surrounding Elon Musk & the DOGE boys’ unconstitutional takeover of the Treasury’s Bureau of Fiscal Service, while explicating the right-wing theory of the “unitary executive” that underwrites such actions.

Money on the Left speaks with Raúl Carrillo, assistant professor of Law at Boston College, about gaming money. In this episode, we explore how companies like Microsoft, Sony, and Roblox are not only harming gamers but issuing “shadow money,” evading banking regulations meant to prevent structural problems.

Money on the Left speaks with Edward Jones Corredera, author of Odious Debt: Bankruptcy, International Law, and the Making of Latin America (Oxford University Press, 2024). What are fallen tyrants owed? What makes debt illegitimate? And when is bankruptcy moral? Odious Debt shows how Latin American nations have wrestled with the morality of indebtedness and insolvency since their foundation, and outlines how Latin America’s forgotten history of contestation can shed new light on seemingly intractable contemporary dilemmas.

Money on the Left speaks with Dr. Jens Martignoni, lecturer at the Zurich University of Applied Sciences and chief editor of the International Journal of Community Currency Research (IJCCR). Community or complementary currencies are phenomena of great interest to monetary scholars and activists. We’ve spoken often about them on this show–whether about the Benjamins classroom currency at SUNY Cortland, the DVDs currency at Denison, or our recurring work on the Uni Currency Project. During our conversation with Martignoni, the appeal of such projects becomes clear.

Billy Saas and guest-host Ben Wilson speak with Martha McCluskey about the ins and outs of the Law & Political Economy movement. McCluskey is Professor Emerita at the University at Buffalo School of Law and a progressive institution-builder. She has made foundational contributions to feminist research and activism in and beyond the academy, focusing on interrelations between economic and legal institutions. McCluskey’s expertise with construction and maintenance of durable institutions for the development and circulation of socially- and politically-attuned critical legal scholarship gives good reasons for hope in this time of great political unease. 

We speak with Tim Ridlen about his new book, Intelligent Action: A History of Artistic Research, Aesthetic Experience, and Artists in Academia (Rutgers University Press, 2024). In Intelligent Action, Ridlen challenges dominant readings of mid-20th Century art preoccupied with critiques of the commodity form by shifting critical focus from the familiar spaces of the gallery & museum to the contested scenes of US higher education. 

This month we are re-publishing our conversation with Steven Attewell along with a new written transcript and episode graphic. Attewell is author of the incredible book, People Must Live by Work: Direct Job Creation in America from FDR to Reagan, published in 2018 by University of Pennsylvania Press. The book examines the history of job creation programs in the United States from the Great Depression to the Humphrey-Hawkins Act of 1978.

We speak with Josefina Li, Assistant Director of the International Program Center at Bemidji State University and doctoral candidate at University of Missouri, Kansas City. Josefina’s dissertation research brings feminist and ecological economic traditions into conversation with Modern Monetary Theory.

We speak with Sandeep Vaheesan, legal director at the Open Markets Institute, about his forthcoming book, Democracy in Power: A History of Electrification in the United States (University of Chicago Press, 2024). Democracy in Power is a highly detailed work of political and institutional history that recounts the struggle over electric power generation in the United States.

Money on the Left is joined by Dr. Chris Martin to discuss Modern Monetary Theory’s vital importance for the struggle to provide adequate housing for all. A Senior Research Fellow at the City Futures Research Centre at the University of New South Wales, Martin is a long-time tenant’s rights advocate in Australia with scholarly training in law and heterodox political economy. We speak with Martin about this report and its reception in Australian housing policy debates. We also ruminate about what housing-for-all movements in Australia, the US, and across the world stand to learn from each other. 

Andrew J. Douglas, political theorist and professor of political science at Morehouse College, joins Money on the Left to discuss his latest article, “Modern Money and the Black University Concept,” published April 19, 2024, in Money on the Left: History, Theory, Practice.