Archive | Money on the Left Episodes

We are joined again by Benjamin Wilson to discuss what it is like to teach Economics from a heterodox Modern Monetary Theory perspective in 2023. In previous episodes, we have chatted with Wilson about his research, the Uni Currency project, and his innovative work experimenting with classroom currencies. Our conversation this time explores the potentials and dangers of using neoclassical textbooks in the heterodox classroom; the utility of classroom currencies for Econ classes of all levels; the place of narrative in neoclassical and heterodox theory; and so much more.

This month, we speak with Larry Johnson, associate professor in the Social Foundations of Education Program at the University of South Florida, Saint Petersburg. In his pedagogy, Johnson focuses on the complex relationship between education, culture, and society with the goal of exploring policies and practices from historical and contemporary perspectives that address structural inequality, and transforming educational institutions into sites for social justice. Johnson is notably a long-time proponent of Modern Monetary Theory (MMT) and variously mobilizes MMT’s insights when training our teachers-to-be.

We’re joined this month by William A.( “Sandy”) Darity to discuss reparations for Black Americans. A founding theorist of stratification economics and foremost scholar of the racial wealth gap in the United Stats, Darity is perhaps best known for his committed public advocacy for acknowledging, redressing, and resolving histories of racist violence against enslaved black people and their descendents through a federal program of reparations for black Americans.

This month, we discuss democratic possibilities for public finance with Saule Omarova, the Beth and Marc Goldberg Professor of Law at Cornell University and President Biden’s original nominee for Comptroller of the Currency. Her and Robert Hockett’s “finance franchise” metaphor for modern banking-–according to which the federal government is the franchisor and chartered banks are all franchisees–renders an often-times opaque system intuitive and readily politicizable.

We are excited to rerelease our inaugural episode of Money on the Left alongside a brand new transcript. In our inaugural episode, we consider the recent resurgence of full employment politics in the United States from both a political and historical perspective with historian David Stein (@davidpstein).

Mark Paul joins Money on the Left to discuss his new book, The Ends of Freedom: Reclaiming America’s Lost Promise of Economic Rights (University of Chicago Press, 2023). In his book, Paul scours U.S. political and economic history to recover, reclaim, and adapt the rhetoric of economic rights for our current political moment.

We’re joined by Jennifer Mittelstadt (@MittelstadtJen), professor of history at Rutgers University, to discuss her involvement with Scholars for a New Deal for Higher Education. We speak with Mittelstadt about how Scholars for a New Deal for Higher Education is organizing to address the most pressing threats to US public higher education today, as well as about how her own scholarship on publicly-provisioned welfare systems in the United States shapes her political organizing and advocacy.

Elizabeth S. Anker joins Money on the Left to discuss her provocative new book, On Paradox: The Claims of Theory (Duke University Press, 2022). Anker is Associate Professor of English at Cornell University and Professor of Law in the Cornell Law School. In On Paradox, Anker contends that faith in the logic of paradox has been the cornerstone of left intellectualism since the second half of the twentieth century. She attributes the ubiquity of paradox in the humanities to its appeal as an incisive tool for exposing and dismantling hierarchies. Anker, however, suggests that paradox not only generates the very exclusions it critiques but also creates a disempowering haze of indecision. 

Money on the Left presents a public conversation with Dan Berger about his important new book, Stayed on Freedom: The Long History of Black Power through One Family’s Journey (Basic Books, 2023). Berger’s Stayed on Freedom tells a new history of Black Liberation through the intertwined narratives of two grassroots organizers.

This month, Money on the Left is joined by Thomas Schwab who, as mayor of Gramatneusiedl in Lower Austria, oversees a promising Job Guarantee pilot program. Seeking to eliminate long-term unemployment, the program guarantees public jobs to anyone in the community who seeks them. In our conversation, we explore the philosophy and structure of Gramatneusiedl’s municipal employment service.

Money on the Left is joined by Andrés Arauz, recent candidate for the Ecuadorian presidency, heterodox economist, and outspoken advocate for the creation of the “Sur.” The Sur is a complementary currency for use in intra-Latin American trade and cooperation. Dismissed by New York Times blogger, Paul Krugman, as a “terrible idea,” Brazilian President Lula De Silva’s proposal for development of the Sur as a tool for encouraging economic and political integration between Latin American countries has stoked the imaginations of progressive leftists within and beyond the region.

This month Money on the Left is joined by the folks behind the MUSICat project, an online music streaming service for public libraries designed to share heterogenous local music with local community members. We speak with Preston Austin and Kelly Hiser from Rabble, the company behind MUSICat, as well as with Racquel (“Rocky”) Mann, who coordinates the MUSICat service with Edmontonians as Digital Initiatives Librarian for Edmonton Public Library. 

Money on the Left is joined in conversation with curator Emily Ebba Reynolds & artist Nando Alvarez-Perez, co-founders of the Buffalo Institute for Contemporary Art, or BICA, in Buffalo, New York.
BICA is a new and distinctly heterodox arts organization, offering physical space for artist shows and educational seminars, as well as fiscal space for provisioning micro-grants to local artists.

Money on the Left is joined by Ben Tarnoff—tech worker, writer, and cofounder of Logic Magazine—about his book Internet for the People: The Fight for Our Digital Future (Verso Books, 2022). In his book, Tarnoff provides a comprehensive history and a critical topology of this thing we have come to know, love, hate, swear off, get on, and grow bored of: the Internet.

Benjamin Wilson and Scott Ferguson join guest-host Jakob Feinig to discuss their forthcoming article about Money on the Left’s “uni” project to democratize university finance. Titled “Stop Trying to Find the Money–Create It!,” the article argues that the Public Banking Act can empower universities to issue new forms of public money that serve democratic communities and repudiate austerity.

Frederic Heine joins Money on the Left to discuss his recent essay, “Performing Hard Money: Monetary Policy, Metaphor and Masculinity in the Making of EMU,” published this summer in the Journal of Cultural Economy. In his essay, Heine analyzes the cluster of masculine metaphors that ground  and mobilize the European Monetary Union’s hard-line opposition to soft money politics.

Money on the Left is thrilled to release English and Spanish transcripts from our Superstructure podcast with Daniel Rojas Medellin (@DanielRMed), now Coordinator of newly inaugurated President Gustavo Petro’s transition team (@petrogustavo), and Mexican economist Jesús Reséndiz Silva (@Tlacuachito). In the episode, co-hosts Andrés Bernal (@andresintheory) & Naty Smith (@orangeasm) speak with Medellin and Silva about what it means to think beyond economic orthodoxies in Latin America.

Brett Scott joins Money on the Left to discuss his recently published book Cloudmoney: Cash, Cards, Crypto, and the War for our Wallets (Harper-Collins 2022). A committed advocate for financial heterodoxy, Scott grounds his perspicuous critique of “cloudmoney”–the conjoined efforts and outcomes of Big Finance and Big Tech’s drive to go “cashless”– in his anthropological training and work as financial derivatives trader in the midst of the 2008 financial crisis.

Benjamin C. Wilson, Taylor Reid, and Max Sussman join the podcast to discuss their forthcoming co-written essay, “Food, Money, and Democracy: Cultivating Collective Provisioning for Resilient and Equitable Communities of Work.” Inaugurating our new journal, Money on the Left: History, Theory, Practice, the article politicizes what Sanjukta Paul and Nathan Tankus term “coordination rights” across monetary and production sectors and focuses on the coordination of food systems, in particular. Coordination rights are fundamental to the process of building resilient communities, our guests argue, determining whether social provisioning systems are “collective” or “concentrated.”

Mike Siegel and Mike Lewis join Money on the Left to discuss municipal currency politics. The conversation focuses, in particular, on our guests’ recent success in Austin, Texas, where they helped critically rewrite anti-public and anti-environmental crypto legislation to open fresh possibilities for public banking and payments that support local communities and ecologies.