Susan Borden

The Symmetry That Blinds How equilibrium thinking obscures economic causation

open.substack.com/pub/susanbor...

Not an Economic Question but a Question about Economics Why Can’t We Discuss MMT?

Not an Economic Question but a Question about Economics
open.substack.com/pub/susanbor...

Kenneth Rogoff Is (Almost) Right About the Importance of Inflation but Entirely Wrong About its Management America’s debt problem is not what Foreign Affairs thinks it is.

open.substack.com/pub/susanbor...

There are a couple of kids in my nephews's class who weren't born in the US, and the class has decided (w/o teacher input) that if ICE shows up in they're all going to pretend not to speak English. 10yos reinventing "I am Spartacus" because they don't want their friends to get disappeared.

YouTube video by Bennington Indivisible No Kings Bennington Vermont

youtu.be/0OGuxE9EqTk

YouTube video by Bennington Indivisible No Kings Bennington Vermont

youtu.be/0OGuxE9EqTk

One month till our Rethinking Capitalism weekend in London!
All welcome, no prior knowledge of economics is required. If cost is a barrier, please send us a message. Supported places are available.

For more details, program outline and bookings go to modernmoneylab.org.uk/events/rethi...

The Largest Upward Transfer of Wealth in American History House Republicans voted to advance a bill that would offer lavish tax cuts for the rich while slashing benefits for the poor.

"House Republicans worked through the night to advance a massive piece of legislation that might, if enacted, carry out the largest upward transfer of wealth in American history," writes Jonathan Chait:

when i was a child, my family took CHIP and food stamps. this shaped my entire orientation toward government programs (positive) in a way most pundits don't have access to. and also, not to brag, but i think my siblings and i are proof that the ROI on feeding children is very high

Your confidence in the possibility of an equitable, productive, and sustainable economy will be restored. I promise.
• June 21-22: Rethinking Capitalism
• June 28-29: Money, Government, and the Public Interest
See modernmoneylab.org.uk/events/ for schedule & booking details.

Worried about the inability of governments to address inequality and climate catastrophe? Housing and healthcare? Schools and jobs? In June, Modern Money Lab’s Steven Hail is bringing two excellent interactive weekend seminars to London (UK).

Moody's US Downgrade Not a Surprise: Stony Brook's Kelton Stephanie Kelton, Stony Brook University professor of public policy and economics, discusses the Moody's downgrade of the US sovereign credit rating on "Bloomberg The Close." (Source: Bloomberg)

www.bloomberg.com/news/videos/.... Patient explainer.

This is how transformational medicine often works -- overlapping capacities imaginatively mobilized to solve an individual problem. This is exactly what the DOGE-Kennedy efforts are destroying.

Baby Is Healed With World’s First Personalized Gene-Editing Treatment

Baby Is Healed With World’s First Personalized Gene-Editing Treatment www.nytimes.com/2025/05/15/h...

A book with just the right ambition to provide a vision for a different future that yet misses the moment.

My review of Abundance for Foreign Policy.

a barcode falling away to reveal a woodland, together with the title of one of the events: "Rethinking Capitalism: Economics where people and the environment matter"

Interested in learning about how we could run our economy as if people and planet actually mattered? Come join us in London in June for some outstanding courses on ecological economics and money with @modernmoneylab.org.uk - all details at modernmoneylab.org.uk

My first dance on the national stage was predicting the giant Blue Wave of 2018 using negative partisanship.

I was able to say, months and months before Election Day that 1. Ds would flip the House 2. End up with about 40 seats.

They might outdo that in 2026.

@joshtpm.bsky.social has been right about this all along. Plus, when only one side is pushing, the reasonable takeaway: the other side is weak, especially for the vast majority of observers who are at most peripherally aware of what's happening.

The DOJ-in-Exile Takes Shape talkingpointsmemo.com/edblog/the-d...

The Werner piece involves a study done with a regional German bank where $200,000 was fictitiously deposited by the researchers w: the bank for purposes of tracking whether bank lending expanded in a manner consistent with loanable funds or fractional reserve banking & MMT's stance was confirmed.

"Reagan proved deficits don't matter." - Dick Cheney

Every major central bank has published a white paper in the last 20 years explicitly for the purpose of validating MMT's view on money creation.

Talking Tariffs, Turmoil, and Tax Cuts On Wednesday night, I joined Chris Hayes for a conversation about—what else?—tariffs and their impact on financial markets and the broader economy.

Embedded in @stephaniekelton.bsky.social‘s dissection of nonsensical budget proposals and chaotic tariff policies is Larry Summers’s trenchant explanation of how trade with China really works and benefits the U.S. You’ll be smarter for reading/listening to both.
open.substack.com/pub/stephani...

Wonderful to see and hear you with PK this morning - your discerning, thoughtful, nuanced observations and insights were matched by your energy and seeming good health — a rare joy in a deeply distressing time.

I gotta say this Abundance shit is so fucking tone deaf.

Like do these dudes not realize the entire constitutional order is collapsing???

YouTube video by Modern Money Lab Join us the on-line MMT Masters, in partnership with Torrens. https://modernmoneylab.org.au/courses/

www.youtube.com/shorts/TvBay...

Had a great visit to Bucknell Univ a couple of weeks ago and was delighted to talk with Prof Vernango on his new podcast.