At the Blog
On Monday, Ben Kaufman explained how banks are failing to provide basic services, opting instead to push predatory credit products at every turn. Given this failure, he argues, it’s time for a profound rethink of the relationship between the private work of banking and the public project of money creation.
On Wednesday, Vincent Joralemon reflected on a neglected aspect of recent litigation against YouTube and Meta: the fact that the harms of addictive platform design are stratified by class. To address this issue, he argues, we must pair platform-side regulation with renewed investment in the public commons.
In LPE Land
A call for new LPE scholarship: did you or a scholar whose work you love have an article accepted this academic year? If so, let us know! Later this month, we’ll be highlighting some of the hottest LPE and LPE-adjacent forthcoming work from the past two submission cycles. Send nominations to managingeditor@lpeblog.org with a short description of the piece, where it will be forthcoming, and if available, a link to SSRN. Self-nominations are highly encouraged.
Cool event alert: on Friday, May 8, the Institute for International Law and the Humanities (IILAH) will be hosting (free via zoom) a panel on Silicon Valley and the End-times – The Law, Politics and Economy of Apocalypse. Feat. Melinda Cooper, James Martel, Adil Hasan Khan, Richard Joyce, and Sundhya Pahuja.
Over at the Institute for New Economic Thinking, Christine Desan explains why the power to make money belongs first to the legislature, not the executive.
The Climate and Community Institute launched “Stop Greed Build Green,” a strategic framework and agenda to confront the affordability crisis and the climate crisis together by putting working people in charge of the economy and the climate transition.
At the New York City Policy Forum, you can find a full transcript of Ana María Archila, Zohran Mamdani, Joseph Stiglitz, and Gabriel Zucman discussing wealth inequality, tax debates in New York City, and multilateral tax negotiations being pursued around the world.
