This is the most comprehensive discussion of my work I've had this year. It's also the most watched interview (250k) I've done this year. Take a listen & share 👇🏼
youtu.be/_hOQTWrtU7k?fe…@lynn_ngugi1
My latest op-ed @guardian 👇🏽
Decolonizing the Kenyan economy requires strategic investments in food sovereignty, agroecology, renewable energy sovereignty, and regional and Pan-African industrial policies-> Investments denied to Kenya by the Global North
theguardian.com/commentisfree/…
Danger! Workers are doing too well! Call the Fed to shut that down! A conversation with former Treasury Secretary Larry Summers. Watch the full interview in our latest episode, now streaming on @appletvplus.
Institutions are habits of thought & routines of behavior that are deeply rooted in & accepted by a culture. Colonial institutions formed the basis for wealth & prosperity in the Global North and poverty & misery in the Global South. Precisely what these economists never mention.
BREAKING NEWS
The Royal Swedish Academy of Sciences has decided to award the 2024 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Daron Acemoglu, Simon Johnson and James A. Robinson “for studies of how institutions are formed and affect prosperity.”
Allow me to translate:
"While we the #EU deregulate & subsidize #neocolonial false climate solutions like carbon markets (aka pollution permits), #China keeps subsidizing clean tech EV manufacturing. We will not let that happen!" Followed by cheers from the crowd.
"Global markets are now flooded with cheaper Chinese electric cars.
And their price is kept artificially low by huge state subsidies.
We are launching an anti-subsidy investigation into electric vehicles coming from China."
— President @vonderleyen#SOTEU 2023
The case for debt cancellation and the responsibility of the credit rating agencies in Africa's debt crisis. I explain it in 95 seconds. Take a listen 👇🏼
First they ignore you, then they laugh at you, then they fight you, then you have a victory lap profile of @StephanieKelton in the New York Times @nytimes, then they freak out on Twitter, then the entire world gets it, then we have a paradigm shift. #MMT
I am thrilled to share this policy report "Just Transition: A Climate, Energy and Development Vision for Africa." I had the privilege of co-authoring this report with a group of independent experts, chaired by Dr. Youba Sokona (Vice Chair, IPCC).
justtransitionafrica.org
The year is XXMMII of the Common Era. Humanity has gone through industrial revolutions, 2 world wars, sent ppl to the moon, developed vaccines 4 deadly viruses, discovered #MMT...& we still have economists who believe banks take deposits from customers, in order to lend them out
#Thread#MMT economists have been saying for decades that a #JobGuarantee is an automatic stabilizer. When the private sector is laying off millions of workers, the Federal government must step in as the employer of last resort.
African countries are now being forced to give up territorial sovereignty over large swaths of land to foreign corporations to issue pollution permits. If this is not a new form of colonialism, then I don't know what is. My latest blog 👇🏾 #CarbonMarketsopen.substack.com/pub/globalsout…
Says the political establishment gatekeeper. Paul, you are out of ammunition. Your arguments are weak. Your IS-LM models are a fraud. Your policy ideas are intellectually dishonest. Looking forward to your oped in November 2020 when @BernieSanders wins the elections.
So I hope everyone keeps the stakes in mind, and realizes that next year demanding the perfect and pure isn't just the enemy of the good; it could be the end of American democracy 3/