SubscribeI don’t spend a lot of time writing about Modern Monetary Theory on Notes on the Crises. Regular readers will know that insights from MMT inform all my writing on this newsletter on various different topics. But I prefer to focus on my analysis of unfolding situations, rather than

• Read the Rest

• Read the Rest

Something I have periodically kept my eye on over the course of the pandemic has been the results of the New York Federal Reserve’s Housing Survey. Amazingly, they just happened to add some questions about evictions to their survey in the time period immediately preceding the pandemic. This is

• Read the Rest

• Read the Rest

Subscribe On this month’s episode Nathan talked to Adam Tooze, history professor at Columbia University, about his new book Shutdown: How Covid Shook the World's Economy. Nathan and Adam wound the clock back to January 2020 to talk about what the world looked like then and the bizarre series

• Read the Rest

• Read the Rest

• Read the Rest

• Read the Rest

• Read the Rest

• Read the Rest

• Read the Rest

Hello readers, The Guardian just published a new Op Ed I wrote about the Trillion Dollar Platinum Coin. Subscribe The United States is again hurtling towards default on its “national debt”. While a two month extension has emerged, the fundamental dynamic remains — and the risk. This is not happening because

• Read the Rest