Sam Levey's Avatar

Sam Levey

@slevey.bsky.social

Assistant Professor of Economics at Illinois College. Modern Monetary Theory and other heterodox approaches.

1,307 Followers  |  2,494 Following  |  200 Posts  |  Joined: 09.10.2023  |  2.4486

Latest posts by slevey.bsky.social on Bluesky

Also they're just sick. They're killing people and whether you think it's justified or not (obviously it's not) that should mean something. Instead they're running around laughing like an axe murderer in some terrible horror movie. Completely broken people

01.12.2025 05:30 β€” πŸ‘ 827    πŸ” 174    πŸ’¬ 20    πŸ“Œ 7

Americans relearning in real time that uncertainty is a necessary sibling of discretionary authority.

20.11.2025 18:26 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

In my Foundations of HCI class, we’re in the midst of our social computing section, thinking about how to address online toxicities. Had the students play Masnick’s β€œTrust & Safety Tycoon” game in class yesterday. Their reactions: moderation is HARD... www.techdirt.com/2023/10/17/t...

19.11.2025 18:53 β€” πŸ‘ 57    πŸ” 16    πŸ’¬ 2    πŸ“Œ 0

Staggering

09.11.2025 15:51 β€” πŸ‘ 146    πŸ” 49    πŸ’¬ 11    πŸ“Œ 3

Headwind vs tailwind?

30.10.2025 17:50 β€” πŸ‘ 4    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

people's political affiliations are frequently not an expression of underlying ideology but an attempt to define their own identity and a reflection of their perceived (and desired) role in the social ecosystem, which in turn means they're a direct reflection of how they perceive that ecosystem

29.10.2025 16:03 β€” πŸ‘ 249    πŸ” 17    πŸ’¬ 5    πŸ“Œ 4

HOW VOTERS PICK A CANDIDATE:

-they observe the social environment (largely through media)
-they decide what role they want to play in that environment (respected? savvy? oppositional?)
-they pick the candidate they think fulfills that role
-they reverse-engineer an explanation for their pick

29.10.2025 15:56 β€” πŸ‘ 740    πŸ” 107    πŸ’¬ 23    πŸ“Œ 25

"normies do not care about this thing and so it is no use raising a stink" is imho just an excuse for not doing politics, which is the job of making normies care about something

24.10.2025 02:47 β€” πŸ‘ 15968    πŸ” 2716    πŸ’¬ 210    πŸ“Œ 177
Preview
The only check-and-balance that actually matters

The destruction of the East Wing is a reminder that America has violated the only check-and-balance that actually ends up mattering: www.doomsdayscenario.co/p/the-only-c...

22.10.2025 14:51 β€” πŸ‘ 972    πŸ” 382    πŸ’¬ 63    πŸ“Œ 135

This is very nice symbolically, but economically I don’t think it actually does anything, it’s not real leverage. The Treasury would have to sell more bonds to cover the lost revenue, but the states would be depositing the funds in banks, who would be buying the bonds. (Or else the Fed could.)

20.10.2025 06:29 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

All of us are individually powerless. We can only form an effective opposition collectively. And when things need to happen on the scale we need them to happen, you’re simply not going to agree with every tactic every group deploys, never mind have a veto on them.

16.10.2025 17:27 β€” πŸ‘ 118    πŸ” 19    πŸ’¬ 6    πŸ“Œ 0
Preview
Fragility Is Getting Scary The opposite of risk management.

This, from @hamiltonnolan.bsky.social , highlights a consistent aspect of the second Trump Administration that should scare us all -- across a variety of areas (economy, health, climate, etc.), Trump is weakening our protections against the greatest risks. open.substack.com/pub/howthing...

13.10.2025 16:23 β€” πŸ‘ 32    πŸ” 14    πŸ’¬ 0    πŸ“Œ 0

The problem is that neither inventive design nor enforcement can cover every conceivable scenario, and so peoples’ hearts matter too. The heart makes you do the pro-social thing even if no one is looking.

11.10.2025 20:26 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

"[A]ll universities have to do now is do nothingβ€”no accepting the compact, no counter-offers, nothingβ€”and the government will be left with no more power to coerce and control the First Amendment-protected activities of major American universities than it has today."

05.10.2025 16:39 β€” πŸ‘ 22    πŸ” 10    πŸ’¬ 0    πŸ“Œ 0

β€œTerrible things are happening outside. Poor helpless people are being dragged out of their homes. Families are torn apart. Men, women, and children are separated. Children come home from school to find that their parents have disappeared.”

Diary of Anne Frank
January 13, 1943

04.10.2025 20:17 β€” πŸ‘ 17166    πŸ” 8038    πŸ’¬ 259    πŸ“Œ 340

On a productive day I can write about 400 lines of Manim code... which will be like 1.5 minutes of videoπŸ˜…

29.09.2025 05:12 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

I still hate LaTeX with the passion of a thousand suns and believe strongly that it deserves to die a painful death..... but, in the AI era, it is a lot more manageable.

22.09.2025 14:58 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

Working on an empirical paper sure is forcing me to dig deep into the NIPA manual....

21.09.2025 19:11 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

The lesson of history is that tyrants cannot be appeased.

Appeasement only feeds their insatiable hunger for power.

Tyrants prey on people who feel unsafe and vulnerable.

But without mass submission, a tyrant is powerless.

20.09.2025 23:00 β€” πŸ‘ 16109    πŸ” 4788    πŸ’¬ 347    πŸ“Œ 192

Oh wow anti-trust, wealth taxation...you are telling me these can be tools to promote democratic stability and there were a whole boatload of centrist economists who couldn't think beyond deadweight loss and consumer welfare?

18.09.2025 14:17 β€” πŸ‘ 329    πŸ” 49    πŸ’¬ 5    πŸ“Œ 2

Yes we actually do need a Project 2029 for liberals

18.09.2025 14:41 β€” πŸ‘ 262    πŸ” 39    πŸ’¬ 14    πŸ“Œ 4
Figure showing that 30% of manufacturers report passing on all the tariffs, about 25% report passing on none of the tariffs, and the rest report passing on some of the tariffs.

Figure showing that 30% of manufacturers report passing on all the tariffs, about 25% report passing on none of the tariffs, and the rest report passing on some of the tariffs.

As a rough heuristic, it seems like, so far, about half the cost of tariffs have been passed on to consumers, and about half have been absorbed by lower profit margins for import-using American firms. libertystreeteconomics.newyorkfed.org/2025/06/are-...

13.09.2025 02:26 β€” πŸ‘ 43    πŸ” 7    πŸ’¬ 4    πŸ“Œ 1

Like the old quote goes, anyone who would give up their liberty in exchange for security will live happily ever after, both free and safe

02.09.2025 21:18 β€” πŸ‘ 1646    πŸ” 141    πŸ’¬ 20    πŸ“Œ 3

"Donald Trump is a monster and we desperately want to work with him" is a batshit position to take, it makes you sound like an insincere and feckless empty suit

02.09.2025 19:56 β€” πŸ‘ 1080    πŸ” 206    πŸ’¬ 16    πŸ“Œ 12

One thing I think is cool is [some] economists saying "we shouldn't do anything that seems helpful until we have studied it empirically" but also "we should continue to use these foundational, somewhat radical postulates about how firms function in markets w/o subjecting them to empirical scrutiny"

01.09.2025 04:58 β€” πŸ‘ 20    πŸ” 3    πŸ’¬ 0    πŸ“Œ 0

I’m really sick of the courts finding this administration broke the law in some unprecedented way, but they get to keep doing illegal things for a few months as a little treat. They’re defaulting to rewarding lawbreaking.

29.08.2025 23:17 β€” πŸ‘ 1770    πŸ” 380    πŸ’¬ 10    πŸ“Œ 17

I think we are in a quantum superposition between democracy and competitive authoritarianism. The 2026 midterms will collapse the wave function: we'll look into the box and see whether the cat is dead or alive.

28.08.2025 13:35 β€” πŸ‘ 420    πŸ” 86    πŸ’¬ 14    πŸ“Œ 9
Washington, DC under military occupation in last August 2025, with banners proclaiming the absolute power of the primus inter pares

Washington, DC under military occupation in last August 2025, with banners proclaiming the absolute power of the primus inter pares

This is a real photograph of Washington, DC this week, where the United States president has ordered military occupation in peacetime, and ordered the display of colossal portraits of himself.

www.wsj.com/politics/pol...

28.08.2025 10:24 β€” πŸ‘ 10166    πŸ” 4363    πŸ’¬ 6    πŸ“Œ 1324

"The political culture of our youths, of tame and tamed discourse, of liberalism as a gentlemanly referee, no longer exists. It was a flower of a different climate."

Liberalism is not neutral & must speak to - and FROM - its values. It is impossible to divorce from race & gender

Such a good essay

21.08.2025 15:31 β€” πŸ‘ 11    πŸ” 2    πŸ’¬ 0    πŸ“Œ 0

@slevey is following 20 prominent accounts