Money has one face, the face of the boss: In this case, Cyrus McCormick, a strike at whose Reaper Works led to the Haymarket protests that gave us May Day. I apologize for lack of content on this blog-slash-newsletter lately. Among other excuses, I’ve just been elected chair of the John Jay Economics Department. Many…
Politics / August 5, 2026 The lessons from a primary win that can be applied to defeat a Republican in November. Ad Policy Abdul El-Sayed speaks during a news conference at the Spirit of Detroit shortly after winning the Democratic nomination for US Senate in Michigan, Wednesday, August 5, 2026, in Detroit. (Julia Demaree Nikhinson…
The budget of the American Department of Defense is eternally bloated. Like a ballooned whale carcass that is fed on by a frenzy of contractors, corporations, and ever-growing military operations, the DOD is the heart of a financial ecosystem that spans the globe. With nearly a trillion dollars allocated annually to its function, it’s a…
In the front window of McNally Jackson, one of my favorite NYC bookstores. Against Money is now out. It’s been spotted in a number of bookstores, including the Union Square Barnes and Noble, where it turns out to be shelved next to Marx’s Capital in the Business section. As my friend Suresh said to me the other…
