Raúl Carrillo

I'm a New Mexican who grew up near Trinity Site, trying to make my peace with Left Nuclear bc 🌏 😔

interested in reading recs! 🐝 ☢️ 📚

YouTube video by Business Scholarship Podcast Business Scholarship Podcast - Ep.254 – Jessica Shoemaker and James Tierney on Financializing...

Why does it matter who owns America's farms?

@jessicashoemaker.bsky.social (@unlcollegeoflaw.bsky.social) and @jamesftierney.bsky.social (@chicagokentlaw.bsky.social) join @busscholarship.bsky.social to discuss their article "Trading Acres." 1/2

So @mattyglesias.bsky.social says, "What I want to talk about here is not Allen’s forward-looking argument, which focuses largely on fintech issues..." But why not engage with "what happens when regulatory arbitrage isn't good?" Is it because the Abundance agenda falls apart then?

In response to today's dismal jobs report, President Trump fired the Commissioner of Labor Statistics - a move right out of the authoritarian playbook.

See our statement from @alexsjacquez.bsky.social

Weekly Roundup: Aug. 1 Hilary Allen on why we shouldn't subsidize fintech, Amy Kapczynski on what it will take to make public pharma work, and Maryam Jamshidi on the economic considerations at the heart of recent U.S.

The week in review: Amy Kapczynski on what it will take to make public pharma work, Hilary Allen on why the public shouldn’t subsidize fintech, and Maryam Jamshidi on the economic considerations at the heart of recent U.S. Sanctions.

Plus, the best of LPE from around the web 🧵👇

Ride-sharing apps are good, actually The real "cautionary tale" is that the old taxi cartels were bad

Yggles is many years too late to the party, and mischaracterizes the substance & features & scope of LPE, which is a (big-tent, evolving) intellectual movement

+ as usual, he fails to identify deeper causes of problems or see power, which is why we do LPE

www.slowboring.com/p/uber-is-go...

best books on comparative legal tender law? 👀🔖🐝

kind of you! wild to think about where we were then vs. how's it going

best books on comparative legal tender law? 👀🔖🐝

Quid pro quo Cryptocurrency companies are reaping the benefits of their contributions to Trump and other pro-crypto politicians. Company Benefit Contribution Justin Sun and Tron SEC enforcement case stayed pending resolution Criminal investigation possibly paused $100 million to purchase $TRUMP memecoins $75 million to purchase WLFI tokens from Trump-owned World Liberty Financial $37.7 million to purchase $TRUMP memecoins (via HTX) Listed USD1 for trading on HTX Cumberland DRW SEC enforcement case dismissed with prejudice $100 million investment into Trump-owned Trump Media & Technology Group $100,000 to crypto-focused super PACs Ripple SEC enforcement case stayed pending resolution Joint request to return $75 million of previous SEC fine to Ripple $73 million to crypto-focused super PACs $5 million to Trump inauguration fund Coinbase SEC enforcement case dismissed with prejudice Relaunched bitcoin borrowing program previously shut down after SEC warnings $75 million to crypto-focused super PACs $1 million to Senate super PACs $1 million to Trump inauguration fund Sponsored Trump birthday military parade Andreessen Horowitz Four Andreessen Horowitz employees installed in formal or informal positions of influence at the White House $70 million to crypto-focused super PACs $5.35 million to Trump super PACs

Crypto.com SEC investigation ended with no action $10 million to Trump PACs Business partnership with Trump-owned Trump Media & Technology Group Gemini SEC enforcement case stayed pending reslution SEC investigation ended with no action $4.9 million to crypto-focused super PACs $2.6 million to Trump super PACs Kraken SEC enforcement case dismissed with prejudice Relaunched staking services which were shut down as part of a February 2023 SEC settlement $1 million to Trump super PACs $1 million to Trump inauguration fund $1 million to crypto-focused super PACs Circle SEC approved IPO Favorable stablecoin regulation $1 million to Trump inauguration fund $1 million to crypto-focused super PACs Robinhood SEC investigation ended with no action $2 million to Trump inauguration fund ConsenSys SEC enforcement case dismissed with prejudice $800,000 to crypto-focused super PACs Binance SEC enforcement case dismissed with prejudice Reported talks with US Treasury Department to remove compliance monitor Former Binance CEO Changpeng Zhao seeking pardon Listed USD1 for trading $2 billion investment from MGX denominated in USD1 Reported Trump family talks to acquire stake in Binance US

I've been tracking the quid pro quo between Trump and the cryptocurrency industry at www.followthecrypto.org/quidproquo

When the cryptocurrency entrepreneur Eric Schiermeyer heard that President Trump was holding small group dinners with major donors, he saw opportunity. Mr. Schiermeyer reached out to a lobbyist with connections in Mr. Trump’s orbit, who arranged for him to attend a dinner with the president at his private Mar-a-Lago club on March 1 in exchange for donations to a pro-Trump PAC called MAGA Inc. totaling $1 million. The personal and corporate donations were among dozens of seven- and eight-figure contributions to MAGA Inc. from crypto and other interests revealed in a campaign finance filing on Thursday night that hinted at the access Mr. Trump accords those willing to pay. At the dinner, Mr. Schiermeyer, who had never given a federal political donation before, presented an idea for a cryptocurrency called “U.S.A. Token” that would be distributed to every citizen, according to interviews and a flier he distributed to attendees that sets out details of the proposal. He hoped it could be su

Cryptocurrency interests, which have benefited from the Trump administration’s dismantling of a yearslong government crackdown and from the Trump family’s financial interest in the industry, appear to have been the most generous industry, accounting for nearly $45 million in donations to MAGA Inc.An affiliate of the exchange Crypto.com gave $10 million, while the crypto services company Blockchain.com donated $5 million. The venture capitalists Marc Andreessen and Ben Horowitz, who are heavily invested in crypto, gave $3 million each. Ondo Finance, which has a partnership with the Trump family’s crypto company, donated $2.1 million to MAGA Inc., on top of $1 million to Mr. Trump’s inauguration.

The scale of Trump's pay-for-access scheme outlined by the @nytimes.com is mindblowing. Crypto contributions resulting in business deals with the Trump family crypto businesses, oil companies buying influence and later reaping benefits from friendly policies, and a $1 million pardon.

It has been the honor of my life to serve as Commissioner of BLS alongside the many dedicated civil servants tasked with measuring a vast and dynamic economy. It is vital and important work and I thank them for their service to this nation.

The Political Economy of AI: A Syllabus As I’ve noted occasionally before, one of the most potentially useful things that academics do is preparing syllabi, and hence organizing information about the world.

Original draft of syllabus is here - www.programmablemutter.com/p/the-politi... - still in need of a summary piece on the role of capital in shaping the AI economy

What Stands in the Way of Abundance in Healthcare? Recent public initiatives to manufacture insulin highlight both the promise and pitfalls of the new politics of “abundance.” Although states are capable of producing high-quality, affordable medicines...

Lots out there on the Abundance debate - here’s a bit from me, based on new work with colleagues on barriers to public pharma. We need political will and vision, yes - but also the will to confront private power. lpeproject.org/blog/what-st...

Both the Trump administration and Florida have been lying through their teeth about who is being detained at the Everglades detention camp.

this paper is already way outdated & I'm writing more now but just in case it's useful .. these regulated/ unregulated distinctions don't seem important to non-finance ppl (including *cough* economists sometimes) but we have other keep up

peri.umass.edu/wp-content/u...

kind of makes you think maybe we shouldn't just regulate part of the financial system that lends to companies and leave the other part unregulated?! maybe?!

www.federalreserve.gov/publications...

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It The bank put $50 billion toward lending to riskier companies to compete with nonbank giants dominating the market. The Walgreens deal was the payoff.

even Jamie Dimon said it was dangerous ... on the same day that he put $50 billion in tho lol

www.wsj.com/finance/bank...

at this point I don't know who is in favor of private credit

www.ft.com/content/b81a...

Opinion | The road map to making America a crypto superpower The Trump administration is making America the “crypto capital of the world.”

there's nothing new here, but it's another signal that entrepeneurs are not in control of the digital asset industry. the crown is.

www.washingtonpost.com/opinions/202...

60,000 Gazans have been killed. 18,500 were children. These are their names. Palestinian children have been killed at a rate of more than one per hour since the war began.

Israel's military campaign in Gaza has killed 60,000 people. 18,500 were children. Here are their names. www.washingtonpost.com/world/intera...

Axie Infinity (a crypto-based video game) caused recessions in many poor communities in the Philippines and elsewhere (harming many children), but you can still purchase the game via the Apple Store in many places

OpenSea, a major a16z-backed NFT platform, saw its former exec jailed for insider trading—and faced potential SEC actions in 2024. But after Trump’s 2025 inauguration, the agency dropped the matter.

Mapping Andreessen Horowitz's Controversial Cryptocurrency Investments | Revolving Door Project Marc Andreessen is another BigTech billionaire with major influence in the Trump administration. Andreessen’s status as DOGE’s so-called “unpaid intern,” undersells how well-connected the venture capi...

NEW: Marc Andreessen’s crypto empire is entangled in Trumpworld—and legal trouble. We mapped every a16z-backed crypto project facing controversy: DOJ indictments, SEC probes, class-action suits, and more. Explore the map to learn more!

all of the piecemeal muddling between the center-left DC folks and Wall Street, and (surprise!), this architecture is phenomenally brittle

*the CFPB was well-funded and well-designed. I don't blame Ds for that one.

what's the best thing left from Dodd-Frank? that progressives can really hold onto as a W.

Democracy and Destiny EP 6 with CREW's Robert Maguire WBAI version This episode of Democracy & Destiny focuses on money in politics including an interview with CREW's Robert Maguire, an expert on following the money in campaign finance. This includes discussion of Ci

Good morning!

Please check out the latest episode of "Democracy & Destiny." In it @robertmaguire.bsky.social and I discuss why we still don't know who the biggest political spender in the 2024 election was because of the $1.9 billion in dark money. soundcloud.com/profciara/de... #darkmoney

Nayib Bukele, dictator of El Salvador and absolute cunt: "We are birthing superintelligence. We are creating the mind of God, infinite, destined to solve every problem we've ever faced and usher in an age without death."

Look at what Nayib Bukele is saying, despite the fact he’s being paid by Donald Trump to torture, rape, and kill immigrants.

BREAKING: Israeli Forces Intercept Gaza Aid Flotilla and Take 20 Crew Members Captive

The ‘Handala’ is the third aid flotilla ship attacked in the last year, as Israel continues to starve 2 million Palestinians

@zeteo.com

zeteo.com/p/breaking-i...

I discussed my concerns about AI sandboxes with Politico:

www.politico.com/newsletters/...

My comments are based on my new paper on sandboxes, which uses the lessons from fintech sandboxes to argue against AI sandboxes:

papers.ssrn.com/sol3/papers....