David Fields

Central Bank Independence: An Illusion of Autonomy By David Fields

Far from representing a politically neutral, technical, institutional arrangement, Central Bank Independence is a myth that functions as a sophisticated mechanism of social control.

utahvanguard.medium.com/central-bank...

The United States’ Unchallenged Hegemony in the World-System By David Fields A prevalent assumption concerning the United States’ global position posits precipitous hegemonic decline. Conventional wi...

I think Keohane and Nye @foreignaffairs.com exaggerated the possibilities of American decline. @profdavidfields.bsky.social counters their views. He goes a bit further than I'd go, suggesting there isn't a substantial challenge nakedkeynesianism.blogspot.com/2025/08/the-...

A Nexus of Structural Power: The United States’ Unchallenged Hegemony in the World-System By David Fields

An assumption of the United States’ global position posits precipitous hegemonic decline. This is naive. To effectively build a counter-hegemonic historical block, it is crucial to grasp the actual nature of modern hegemony.

utahvanguard.medium.com/a-nexus-of-s...

Critical Political Economy: A Synthesis of Heterodox Economics and Economic Sociology By David Fields

Critical political economy is defined by its steadfast commitment to a trans-disciplinary process, articulating the economy not as an atomistic physical entity, but as an integrated social system.
utahvanguard.medium.com/critical-pol...

The Structural Roots of Housing Deprivation By David Fields

Housing deprivation stems not from simplistic, psychologically reductionist notions of individual failings or poor choices, but rather from a complex array of interwoven socio-structural conditions.
utahvanguard.medium.com/the-structur...

A Bipartisan Neoliberal Offensive: The Reorganization of American Capitalism and the Ascent of… By David Fields

Donald Trump’s ascent represents a predictable and deeply entrenched political outcome, that is, the logical, albeit unsettling, culmination of a bipartisan reorganization of US capitalism.

utahvanguard.medium.com/a-bipartisan...

#OtD 18 Jul 1864 4000 workers in Troy, New York, attended a labour movement picnic where women workers in the recently victorious Collar Laundry Union gifted an elaborate full-colour banner to the Troy Iron Moulders Union as thanks for their support stories.workingclasshistory.com/article/8987...

Overcoming the Oppressions of Contemporary Education By David Fields

Contemporary education is a mechanism for reproducing social inequities, a business endeavor purposefully designed to foster obedience and conformity to injustice. Critical pedagogy offers a liberatory praxis.
utahvanguard.medium.com/critical-ped...

Home insurance costs so much that people can’t pay their mortgages. This threat could make things worse. A sharp rise in homeowners-insurance premiums is connected to rising levels of financial distress, especially among first-time buyers.

Rising home insurance costs are pushing some homeowners to a breaking point. Higher premiums driven in part by climate-related disasters are putting particular pressure on homeowners who are already cost-burdened, and especially those with lower incomes.

www.marketwatch.com/story/home-i...

The Capitalist World-System and Ecological Destruction: A Critical Examination By David Fields

Capitalism constitutes an ecological catastrophe, but the dialectical process of relations between humans and the environment is not linear.
utahvanguard.medium.com/the-capitali...

In the US, particularly, the dearth of municipal debt monetization entrenches dependence on bond vigilantes, federal fiscal transfers, & local taxes, facilitating an ideological entrapment of a dogmatic policy framework (YIMBY/Abundance) that prioritizes elites over the general populace.

Agreed. There could be municipal debt monetization, but there is not due to political considerations, which leaves cities and towns at the mercy of arbitrary fiscal transfers and bond vigilantes.

The True Nature of Money By David Fields

To understand money is to shed the falsity of the commodity theory and embrace the robust credit theory.

utahvanguard.medium.com/the-true-nat...

Free Markets, Fixed Beliefs By David Fields

An acute comprehension of economic phenomena necessitates a radical departure from the fetish of market fundamentalism. utahvanguard.medium.com/free-markets...

ICE agents wearing masks add new levels of intimidation, confusion during L.A. raids As federal immigration agents have ratcheted up enforcement raids, critics warn that their tactic of masking spreads fear and panic across communities.

Pretty comprehensive article on ICE’s use of face masks, incl. a couple quotes from me, in @latimes.com www.latimes.com/california/s...

The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy [Kelton, Stephanie] on Amazon.com. *FREE* shipping on qualifying offers. The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy

Deficits are not the real issue. It’s a ruse. At any rate, the Democrats strategy against their supposed adversaries is empty harangue. www.amazon.com/Deficit-Myth...

Basic Economics By David Fields

The fixation on supply and demand curves as the primary, if not sole, determinants of allocation engenders profound misunderstandings.
utahvanguard.medium.com/basic-econom...

It’s out! I’m deeply proud and grateful for this book — especially for the chance to collaborate with such brilliant & bold minds.

Here’s to hoping its ideas spark fresh conversations and inspire meaningful change in our field. #economics #eurocentrism #decolonisation

Economists Against Genocide by David Fields

We are witnessing millions of Palestinians trapped in a dire humanitarian crisis, a modern holocaust perpetrated by the Zionist state of Israel.

utahvanguard.medium.com/economists-a...

Fascism is the Latent Vulnerability of Liberalism At first glance, liberalism and fascism appear to be diametrically opposed and mutually exclusive. Liberalism, at its core, champions the…

When it becomes apparent that liberalism has ceased to deliver on its proclaimed promises of equality and opportunity it conditions the political capital for fascism to take root.

Yours truly, @utahvanguard.bsky.social utahvanguard.medium.com/fascism-is-t...

The Built Environment as a Spatial Battleground By David Fields

A vogue belief in community planning is that impediments to private economic activity diminish human flourishing. Incentives to unleash animal sprits are imperative for abundance. The real world, alas, challenges this ideology.
utahvanguard.medium.com/the-built-en...

Reimagining Housing: A Strategic Imperative for Social Well-being and Economic Vitality By David Fields

A comprehensive vision of affordable housing stands in stark contrast to the market fundamentalist approaches associated with the Abundance/YIMBY schematic.
utahvanguard.medium.com/reimagining-...

I’m sorry, but I find the No Kings protests to be politically incoherent and completely lacking in principled or meaningful action. “No Kings”? Okay. It’s more meaningful if you stand up for something, take a real risk on behalf of vulnerable people. Otherwise it’s just white liberal nonsense.

A Critical Examination of Abundance/YIMBY By David Fields

The discourse surrounding development and housing affordability finds itself at a contentious crossroad, epitomized by YIMBY/Abundance activism. While seemingly progressive, the movement embodies a pernicious agenda.
utahvanguard.medium.com/a-critical-examination-of-abundance-yimby-9c0bbd58b26e

So, yes, you can’t subsidize real estate interests out of a housing crisis of their own making, but letting them do whatever they want to build and capture as much land value as possible will certainly not solve the problem.

Trickle Down Housing: Does Supply Really Create its Own Demand? By David Fields

The assumption that zoning liberalization to facilitate an ‘abundance’ of densified market-would ensue a filtering effect towards maximum affordability is flimsy. utahvanguard.medium.com/trickle-down...

Trickle Down Housing: Does Supply Really Create its Own Demand? By David Fields

A vogue assumption is that housing reflects the so-called basics of economics, that is, supply and demand, but does supply alone really create its own demand? utahvanguard.medium.com/trickle-down...

Deficits constitute the net public investment. Where it goes is the actual question of concern, and in this case it is indeed absolutely absurd. The Democrats, including Bernie, are much to blame for this nightmarish political business cycle.

Already infuriating, but the fact that he looks like my younger brother just makes it worse.