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Money on the Left

Money on the Left

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Money on the Left is a monthly, interdisciplinary podcast that reclaims money’s public powers for intersectional politics. Staging critical conversations with leading historians, theorists, organizers, and activists, the show draws upon Modern Monetary Theory and constitutional approaches to money to advance new forms of left critique and practice. It is hosted by William Saas and Scott Ferguson and presented in partnership with Monthly Review magazine. Check out our website: https://moneyon ...
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The Schumacher Lectures

The Schumacher Center for a New Economics

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The 1st Annual E. F. Schumacher Lectures of October 1981 emphasized the importance of vibrant regional economies at a time when the focus of the nation was on an expanding global economy. Much has happened since then. The promise of the global economy has faded in face of ever greater wealth disparity and environmental degradation. There is growing interest in building a new economy that is just and recognizes planetary limits. The speakers of the Schumacher Lecture Series continue to be at ...
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show series
 
Rob and Scott return to their dialog about modernism, inflation, and F. Scott Fitzgerald’s celebrated 1925 novel The Great Gatsby (click here for Part 1). During their conversation, our co-hosts forge connections between the novel’s many complications of time and space and the attitudes to money and identity explored in the first part of this mini-…
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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). Ridlen holds a PhD in Art History from the University of California, San Diego and is currently Associate Teaching Professor in the Department of Film, Animation, and New Me…
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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 pr…
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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 first encountered Li's work at the inaugura…
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Hosts Will Beaman (@agoingaccount) and Scott Ferguson (@videotroph) welcome Maggie Hennefeld (@magshenny) to the Superstructure podcast to discuss her essay, “Make America Laugh Again,” published in Minneapolis’s Star Tribune. Previously ridiculed, Kamala Harris’s signature laughter has emerged as an electrifying rallying cry for her last-minute ca…
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About the Talk In this episode of the Governance Podcast, CSGS Director Mark Pennington speaks with Dr Samuel Bagg about his recent book - The Dispersal of Power: A Critical Realist Theory of Democracy, published by Oxford University Press. The book presents an in depth consideration of the problem of 'elite capture' and the possible strategies to …
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Rob Hawkes (@robbhawkes) and Scott Ferguson (@videotroph) kick off a new Superstructure series about money, modernism, and inflation by revisiting F. Scott Fitzgerald’s widely-read novel, The Great Gatsby (1925). In this first episode of the series, Rob and Scott complicate orthodox notions of inflation that treat economic crises past and present a…
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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 genera…
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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 h…
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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. In the article as in the interview, Andrew stages critical encounters betwee…
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Money on the Left is joined by Grant Kester, professor of Art History at University of California, San Diego. We speak with Kester about his multi-decade career, researching and teaching the history of socially engaged art. Kester’s scholarship underscores the limits and contradictions of the dominant modern Western tradition of aesthetics. Such ae…
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Money on the Left speaks with Pavlina Tcherneva, Professor of Economics at Bard College and leading scholar of–-and advocate for—Modern Monetary Theory (MMT). Many of our listeners will be familiar with Dr. Tcherneva's contributions to MMT, especially her book, The Case for a Job Guarantee (Polity Press, 2020). She is also Director of Open Society …
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About the Talk In this episode of the Governance podcast, our Director Mark Pennington speaks to Prof. William Easterly from New York University on liberal vs paternalist approaches to economic development policy. The Guest William Easterly is Professor of Economics at New York University and Co-director of the NYU Development Research Institute, w…
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Scott Ferguson and Billy Saas speak with New Yorker writer Nick Romeo about his exciting new book, The Alternative: How to Build a Just Economy, released in January 2024 with Public Affairs. Romeo’s The Alternative rebukes Margaret Thatcher’s infamous axiom that “there is no alternative” to neoliberal capitalism. In doing so, the book inventories t…
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Can novels and, by extension, other works of art help us to think about money and trust in new ways? Could embracing alternative perspectives on trust and money help us to avoid climate catastrophe? Rob Hawkes shares a new version of a talk previously presented at the Middlesbrough Institute of Modern Art as part of the One Fifteen at MIMA series o…
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About the Talk In this episode of the Governance podcast, our Director Mark Pennington interviews Dr. Matthew Mitchell on the socialist reality in Estonia’s history. This episode is part of Matthew’s co-authored publication as part of the Realities of Socialism series run by the Fraser Institute. The Guest Matthew D. Mitchell is a Senior Fellow in …
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Money on the Left is proud to present recovered and remastered audio from our interview with Raúl Carrillo, published previously solely as a written transcript. The recording also includes a new audio introduction in which Billy Saas reflects on the significance of our dialog with Carrillo for contemporary politics. In our discussion, we explore th…
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Will Beaman (@agoingaccount) is joined by Robyn Ollett (@robynollett) and Rob Hawkes (@robbhawkes) to discuss What We Do in the Shadows. Citing Robyn’s interpretations of vampirism in The New Queer Gothic: Reading Queer Girls and Women in Contemporary Fiction and Film, the cohosts situate What We Do in the Shadows within the vampire's long history …
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About the Talk In this episode of the podcast, Prof. Mark Pennington interviews Prof. Adam Dixon on the contemporary relevance of the Scottish philosopher and political economist Adam Smith. The Guest Adam D. Dixon holds the Adam Smith Chair in Sustainable Capitalism at Adam Smith’s Panmure House, the last and final home of moral philosopher and fa…
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Matt Seybold joins Rob Hawkes and Scott Ferguson to discuss the political economy of literary criticism from past to present, amateur to professional. Seybold is Associate Professor of American Literature at Elmira College and Resident Scholar at the Center for Mark Twain Studies. In addition to writing and teaching in the field of literature & eco…
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About the Talk In this episode of the podcast, Prof. Mark Pennington interviews Prof. Bruce Caldwell, one of the co-authors of this recently published book Hayek: A Life. Few twentieth-century figures have been lionized and vilified in such equal measure as Friedrich Hayek—economist, social theorist, leader of the Austrian school of economics, and …
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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. Wilson is associate professor and recently-minted chair of the department of Economics at SUNY, Cortland. In previous episodes, we have chatted with Wilson about his research, the Uni Currency project, an…
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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 pers…
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Sandeep Vaheesan (@sandeepvaheesan) joins Scott Ferguson on the Superstructure podcast to discuss the still-undecided political significance of the Inflation Reduction Act (IRA). Their conversation focuses on Vaheesan’s article, “The IRA is Still Being Formed: An Episode in America’s Past Contains Important Lessons for How We Move Forward in Greeni…
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About the Talk Can a moral or divine law independent of contingency accommodate the social and economic complexities of circumstance? Does a defense of custom necessarily repudiate the idea of immutable law applicable to all peoples and cultures? Is transcendent universality and spontaneous order reconcilable? This episode explores this age-old ten…
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We’re joined this month by William A.( “Sandy”) Darity to discuss reparations for Black Americans. Sandy Darity is Samuel DuBois Cook Professor of Public Policy, African and African American Studies, and Economics and the director of the Samuel DuBois Cook Center on Social Equity at Duke University. A founding theorist of stratification economics a…
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In this brief podcast message, Scott Ferguson announces the publication of Maxximilian Seijo's peer-reviewed journal essay, "Money’s Place: Science Fiction, Realism & Modern Monetary Theory in Kim Stanley Robinson’s The Ministry for the Future," in Money on the Left: History, Theory, Practice. Abstract Kim Stanley Robinson’s speculative near-future…
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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. Omarova’s work on financial regulation and banking law has long informed how we at Money on the Left understand the modern mo…
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Scott Ferguson is joined on the Superstructure podcast by Ruth E. Kastner, philosopher of physics and research associate at the University of Maryland. In their conversation, Ferguson and Kastner explore metaphysical resonances between Modern Monetary Theory’s approach to money and Kastner’s “Transactional Interpretation” of quantum physics. Settin…
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We are excited to rerelease our inaugural episode of Money on the Left alongside a brand new transcript. Conversation originally published on May 27, 2018 Money on the Left is the official podcast of Modern Money Network: Humanities Division (@moneyontheleft). In our inaugural episode, we consider the recent resurgence of full employment politics i…
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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). Paul is assistant professor in the Bloustein school of Planning and Public Policy at Rutgers University. In his book, Paul scours U.S. political and economic history to recover, re…
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About the Talk Lawmakers, activists, and academics, often, presume that enacting a law sends a (powerful) message about what is socially desirable and acceptable. At worst, it is presumed that it will stay as ink on paper and not create any change. Therefore, it is considered as a cost-less endeavor with potential for creating great change at low c…
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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 …
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In the third installment of Superstructure’s “Postmodern Money Theory!” series, Rob Hawkes and Scott Ferguson wrap up their discussion of B.S. Johnson’s novella, Christie Malry’s Own Double-Entry, which self-consciously weaves money and accounting into the very fabric of literary form. Rob and Scott tease out the text’s lingering potentials and bli…
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On this week’s episode of the Governance Podcast, Mark Pennington, the Director at the Study of Governance and Society here at King College London, interviews Andy Haldane. This episode is titled 'Complexity and the Politics of Regulation’, and discusses the governance of financial risk in conditions where it's hard to predict how agents will respo…
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Dan Rohde (@DanEricRohde) joins Scott Ferguson to discuss his Superstructure Vertical piece, “Bank of the People: History for Money’s Future.” The piece is based on a longer scholarly article titled, “The Bank of the People, 1835-1840: Law and Money in Upper Canada,” which is forthcoming from Osgoode Journal of Law. Visit our Patreon page here: htt…
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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 lef…
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On this week’s episode of the Governance Podcast, Mark Pennington, the Director at the Study of Governance and Society here at King College London, interviews Professor Terry Flew. This episode is titled "‘Too much’ and ‘too little’ content moderation", and discusses the question of content moderation on digital platforms as a case study in Foucaul…
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On this week’s episode of the Governance Podcast, Mark Pennington, the Director at the Study of Governance and Society here at King College London, interviews Professor Diane Coyle. This episode is titled "The data that is and that data the isn't: the pitfalls of using big data", and discusses the various uses and implications of big data in societ…
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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. The Black Power moveme…
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Our ability to act on some of the most pressing issues of our time, from pandemics and climate change to artificial intelligence and nuclear weapons, depends on knowledge provided by scientists and other experts. Meanwhile, contemporary political life is increasingly characterized by problematic responses to expertise, with denials of science on th…
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In Part 2 of Superstructure’s “Postmodern Money Theory!” series, Rob Hawkes and Scott Ferguson explore B.S. Johnson’s postmodern novella, Christie Malry’s Own Double-Entry (1973), which self-consciously weaves money and accounting into the very fabric of literary form. Regarded as brokering a broader transition between modernism and postmodernism, …
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Will Beaman (@agoingaccount) inaugurates the first of a lecture series on the work and ideas of Mikhail Bakhtin. Drawing parallels with right wing attacks on contemporary drag performance and ballroom traditions, Will discusses Bakhtin’s analysis of the Medieval carnival humor, its manifestation in Renaissance literature, and its unique aesthetics …
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On this week’s episode of the Governance Podcast, Mark Pennington, the Director at the Study of Governance and Society here at King College London, interviews Professor Cass R. Sunstein. This episode is titled "The Use of Algorithms in Society", and discusses the various ethical and moral dilemmas and implications of increasing AI us in society, an…
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In this bonus episode of Money on the Left, Rohan Grey joins co-hosts Scott Ferguson and Billy Saas to assess the epistemological and political implications of the Silicon Valley Bank (SVB) failure. While orthodox economics and law tell us that economic crises are essentially matters of private risk and market discipline, Rohan, Scott and Billy arg…
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Launching a new Superstructure series, Rob Hawkes joins Scott Ferguson to explore the ins and outs of “postmodernism.” Postmodernism is a heterogenous and disputed regime of aesthetics and theory that arose in the second half of the 20th century. Dated to midcentury, but promulgated as a discourse from the 1970’s to 1990’s, postmodernism is known p…
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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 Gramat…
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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 Presiden…
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Co-hosts Naty T Smith (@orangeasm), Will Beaman (@agoingaccount), and Charlotte Tavan (@moltopopulare) discuss the rise to power of Italian Prime Minister Giorgia Meloni near the 100th anniversary of Mussolini's March on Rome to frame the international moment and the ascendance of red-brown tendencies, the urgencies of anti- fascism, and the shape …
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Will Beaman and Scott Ferguson tease out the multiplicity of voices that shape The Little Mermaid (1989) in order to problematize racist outcries against Disney’s forthcoming 2023 live-action version of the film starring singer Halle Bailey. The co-hosts answer and invert an imperative promulgated by a reactionary meme circulated on social media: “…
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