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Created
Thu, 02/11/2023 - 23:00

The apartment felt too “lived in.”

You hosted a Friendsgiving two years ago and didn’t invite him.

You left a heartfelt thank you note on the counter that he was forced to clean up.

The place felt weird with no stuff in it.

You took the heart and soul of the place with you when you left. Your security deposit doesn’t even come close to covering those losses, but it’s a start.

He wanted to keep the money for himself. What? Why is that so bad to say?

He walked through the place after you left, and there was no dishwasher. There never was one, but he wants to buy one now. You understand, right?

He loathes those couples that constantly send menial amounts of money back and forth in the name of equity, and doesn’t want the two of you to turn out like that.

There was way more dust when you moved in than when you moved out. Your lease specified that alterations to the apartment were strictly prohibited.

Created
Thu, 02/11/2023 - 18:43
The greatest disjuncture in the social sciences is between the image that economists have of their discipline, and its reality. A decade before David Graeber published Debt: the First 5000 Years (Graeber 2011), the future chief economic advisor to President George W. Bush published a paper with the confronting title of “Economic Imperialism” (Lazear 2000), … Continue reading "Puncturing the Hubris of Economics"
Created
Thu, 02/11/2023 - 15:58
Climate Change and Environmental Collapse (State of the World 2023 #2)

(This is second in the series promised during the 2022 fundraiser. For #1 (imperial collapse) read here.)

I’m going to keep this one brief.

This year has seen the constant shattering of temperature records. Temperatures in the high thirties, in winter, have been common.

The majority of the Mediterranean is going to be uninhabitable without air conditioning for months every year. This includes North Africa and the European areas. The same will be true of most areas of the tropics. Time scale is ten to fifteen years.

Because climate change includes weather instability, it will become impossible to get property insurance in increasing areas, starting with the coasts and areas prone to wildfires.

Created
Thu, 02/11/2023 - 08:20

For our last Political Economy seminar in 2023, three recent doctoral graduates will illuminate the diverse applications and insights offered by a political economy approach. From Latin America to East Asia, via Sydney, these three papers will explore the intersections of political economy with other disciplines, such as geography and psychoanalysis, and a range of theoretical traditions from Marxism to post-Keynesian economics to world-ecology. These conceptual resources are applied to crucial and pressing questions about labour’s subordination to economic development, the role of central banks in financial stability, and the relations between nature and the state at the frontiers of commodity exploitation. This panel will give us an opportunity to discuss the connections and contradictions between different applications of a political economy approach and its essential interdisciplinarity.

Presenters:

David Avilés Espinoza, Spatial Political Economy: The Ideology of Nature, state-space, and the Oil Commodity Frontier in Chilean Patagonia

Luciano Carment, Quantitative Easing in Japan: A Critical Evaluation