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Federalism, Part II: The Union Welcome back to Constitutional Perspectives! Today I'm continuing my discussion of federalism, one of the great defining structural features of the American constitutional system. Last time, I gave y...

Good evening!

New at The Evening Constitutional, the latest installment of my Constitutional Perspectives series. Today we're talking all about the federal union!

eveningconstitutional.net/federalism-p...

He’s trying to gain some credibility before he goes all maga.
His past positions are, of course, the direction he wants the Fed to go.

Martinů's Madrigals for violin and viola are another set of beautiful pieces. I had the honor of producing and engineering a recording of them for Michael Zaretsky and Viktor Romanul in Boston. Check them out if you like the concertos.

As someone who helps run two towns in Massachusetts, I can say definitively that the Fair Share Amendment has helped our communities tremendously! If the Feds won’t tax fairly, it is incumbent on the states to do so.

Chicago come through, No Kings there abc7chicago.com/post/no-king...

Well, I have read most of MMT. Learn how to write clear posts.

I still don’t understand your position as your posts aren’t clear. Are you in agreement with this article or not?

Old article and tired conclusion. MMT, like all economic lenses, has much to offer. Instead of generalizing and dismissing it out of hand, it would be more frutiful to give specific examples of what you disagree with.

True, it is using the positive side of the lens. It is definitely not implement normative side of MMT.

The reality is this current administration is implementing MMT but for the wealthy. They are advocating interest rate cuts at full employment. Deficits will remain through tax cuts… which is all a redistribution upwards.

He’s a “Jacksonite” - he prefers bank failures and depressions at the expense and hardship of the people.

He’s not worth debating.

Yes indeed. We are reducing foreign policy to economic threats and punishment, and subsidizing ideology through election interference. Funny how DOGE can look the other way on such blatant fraud, waste and especially abuse.

Shrinking our global economy one tariff at a time…

The Trump I admire is when he’s sleeping.

As the right organizes to take over the government through Project 2025 and begins purchasing businesses like Intel.

Lev Menand on Trump’s Attempt to Fire the Fed’s Lisa Cook — Odd Lots

Lev Menand is blistering here. Must listen. Meeting the moment. Incredible stuff from @weisenthal.bsky.social and @tracyalloway.bsky.social on Odd Lots.

overcast.fm/+AA5AWNdOBV0

Oof, this is so depressing but still, a must listen.

Everytime the umpire calls the score “dueche” the entire stadium looks up at the Rolex box.

The renaming doesn’t bode well for his Nobel Peace Prize.

Psst, Bessent, the dangerous diplomatic embarrassment came long before the tariffs.

When you try to be nonpolitical and just end up being political.

This is great because it's not just a liberal defense of central bank independence - first, a revelation about Trump's will to absolute power legitimized by a Supreme Court he put together

Remember when conservatives used to complain about congressional representives becoming millionaires?

Money is Not a Medium of Exchange by Jens Martignoni With this brief provocation, Jens Martignoni develops a suggestion first put forth in an essay published in the International Journal of Community Currency Research (IJCCR). Ther…

Is money really a "medium of exchange"? This article challenges one of the most fundamental concepts in economics, arguing that we should see money as a collective project and a means of payment guaranteed by a community.

devolves into a bog/morass of fakery

One good thing would come of this. It would clearly demarcate the end of post-postmodernism and the beginning of post post-postmodernism.

Teach me how to dougie!

The Unofficial Lives of Public Money by Will Beaman Recent Money on the Left proposals for endogenous credit campaigns—like Unis or Blue Bonds—often run headlong into an unspoken but deeply rooted distinction between “official” and “u…

"By holding the ... two faces of sovereignty together, we can see how rogue and publicly irresponsible currencies cut across the official/unofficial divide."

The Supreme Court never said money equals speech. The Citizens United ruling said government can't restrict spending money specifically on disseminating political speech. Those are not the same. The vast majority of money is not spent spreading expression. Treating them as the same isn't helping.

Lenox is a wonderful part of Mass. Okay, a little strange but still wonderful.