Students, faculty, and staff
@TheNewSchool
have voted for divestment from 13 companies implicated in Israel's offensive in Gaza!
The margins in faculty votes at SPE, Parsons, Lang, and NSSR are overwhelming, with support ranging between 80-90 percent.
@jeremyscahill
Earlier today, the NYT put this at the very top of its website. The article eventually tells you that the "evidence" was provided by the Israelis, and that the NYT has only been able to "corroborate" that one of the accused worked for UNRWA.
So, stenography for Shin Bet...
The New School is imposing a requirement that all full-time faculty report on their work, stating that it will cut pay and health benefits for those who don't comply
Leaving aside the legality of this unilateral change in our contracts, this is straight up strikebreaking
(1/3)
@ryangrim
The Israelis are also blocking the evacuation of Brazilians, in what has been widely understood as retaliation for Brazil’s efforts to broker a ceasefire at the UN Security Council.
The New School is now threatening to cut medical insurance payments to any and all employees observing the UAW strike or respecting its picket lines
Because nothing says "social progress" like threatening people's access to healthcare--in the middle of an uptick in COVID19 cases
Every economist *is* a political economist... it’s just that most economists’ social partisanship is embedded in frameworks that normalize the power, property rights, and privilege of those who have them.
Israeli Ambassador to the UK: "Just imagine how things would have looked... this huge missile, think about it falling in the middle of a city like Jerusalem.. look how populated it is. Just think about it hitting neighbourhoods & people & children"
Just imagine.
@paulimeth
We need more of this, pointing to the jarring contrast between domestic paeans to diversity and inclusion and the demonisation and dehumanisation of people overseas.
Milton Friedman giving the game away by noting that the ideal immigration system is one that creates a large pool of second-class workers with no rights.
He left out the "bonus" that "illegal immigration" can also be used to pit folks at the bottom of society against each other.
I hope the School's community understands the kind of classroom this measure tries to create:
One led by teachers cowed into acting against their conscience--and the values that ground their research-- by threats to their livelihoods and their families's health.
(2/3)
"Economists explain how production takes place in the above-mentioned relations, but what they do not explain is how these relations themselves are produced, that is, the historical movement that gave them birth."
--Karl Marx, The Poverty of Philosophy
The lounge-chair generals need to stop the warmongering. There's no endgame without significant accommodation of Russia. There never was.
It's very easy to be ready to fight to the last Ukrainian and last Russian soldier while waiting for your delivery from Whole Foods.
NYPD spokesmen suggesting student protests across NYC will be investigated by "anti-terrorism unit". This is an ominous threat against our students and communities.
@criticofpolecon
@iamtiredalotig
“In speaking of [exchange value of] commodities..., & of the laws which regulate their relative prices, we mean always such commodities only as can be increased in quantity by the exertion of human industry, and on the production of which competition operates without restraint.”
“If you are not careful, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppressing.”
—Malcolm X
Remember kids, when a Dollar tightening cycle destabilises developing economies, the conversation must focus on mismanagement and the need for "sacrifice."
When it destabilises US banks, focus on tightening itself, and on saving uninsured, well-connected liability holders.
The Brazilian & Argentinian proposal for a regional unit of account for trade & finance is welcome news
It’s a proposal NOT for a single currency like the Euro, but for a neo-Keynesian, multilateral solution of the kind
@devikadutt
& I discuss here:
(1/25)
One day after faculty and staff bodies across the university joined calls for the New School to divest from 13 companies in overwhelming numbers, this is how the administration responded. At least 30 arrests so far. Of our students.
I know that discussions that ultimately go to differences in approaches to abstraction are sometimes difficult. But I still think this is important and useful, analytically and in policy discourse.
The New School has moved to suspend all students arrested earlier today. This despite overwhelming faculty and staff calls on the administration not to pursue disciplinary actions stains members of the peaceful encampment.
Ok, critical
#EconTwitter
,
How about a list of elements from Classical and towering 20th century contributions that are entirely ignored in the graduate-textbook canon but are indispensable to understanding economic life?
I'll start...
@ClaraJeffery
If I may add something, the misleading label concerning who was surveyed ("women of color political organizers, activists, donors, and party leaders" not black women) is the kind of delusional spinning and tone-deaf political insularity that gave us Trump.
@pdacosta
@FinchelsteinF
Nuremberg Principle IV:
“The fact that a person acted pursuant to order of his Government or of a superior does not relieve him from responsibility under international law, provided a moral choice was in fact possible to him.”
Killing civilians is a war crime.
Pass it on.
Nothing is true until a white, American guy says it in terms of a Walrasian framework with utility maximizing individuals (and formal specifications based on heroic assumptions)
I propose we call this Mainsplaining.
"U.S. can 'certainly' afford military support to both Israel and Ukraine--Janet Yellen"
For financing war, there's functional finance and MMT. For everything else, it's fuck you, Ricardian Equivalence, and inflation hawkishness.
@ryancbriggs
This is absolutely brilliant.
You can’t see it in the video, but the economist goes on to claim there was something wrong with the holes...
@NathanTankus
Raising interest rates in response to price increases in a setting of general, international supply-chain congestions is very much the ivermectin of monetary policy.
To Smith, Ricardo, and Marx, the aim of political economy was to see beyond the most immediate influences over concrete market actions and outcomes, and to grapple instead with their social or class content. This intervention is a welcome reminder of that analytical tradition.
1/8. A point which is often lost in discussions of inflation and central bank policy. Inflation is fundamentally the outcome of the distributional conflict, between firms, workers, and taxpayers. It stops only when the various players are forced to accept the outcome.
People really should be asking how we end up with a discourse where a senior Senator calling for a nuclear attack on Gaza generates less outrage than 20-year-old college students chanting, "From the River to the Sea".
"When Britain bombed Dresden, 35,000 people lost their lives"
Defence Secretary Grant Shapps says "we've sort of forgotten that in war, very sadly, people lose their lives" when asked about the scale of Israel's retaliation strikes on Gaza
#BBCLauraK
Imagine living in a world where conflict over things like the retirement age looks like this, and thinking we should understand income distribution exclusively in terms of given technologies and factor endowments…
@HalfAtlanta
“If you're not careful, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppressing”
If a planned economy has trouble w/ knowledge about idiosyncratic wants & productive conditions, a market economy has trouble w/ systemic interdependences in its productive structures & btw demand decisions.
The pandemic & climate change will continue to highlight the latter.
The first amendment defines freedom from government curbs on speech. You are using your platform as an elected official to admonish a student for her speech. When she rightly complains, you call her an anti-Semite.
This is despicable, ignorant, and unbecoming of your office.
@AssalRad
There is something unsettling about this.
It is similar to her response a few months back, when asked about how Arab-American families in Michigan may feel. She answered with a speech about standing with Israel... It's bizarre.
@suboticjelena
You are misrepresenting his claims.
@jeremyscahill
did not claim NATO invaded Serbia. He pointed to four well documented facts—shown in the picture below. If you wish to dispute any of them, it is your right to do so. But don’t claim he is saying something he is not.
I am just receiving reports that a campus security team at
@TheNewSchool
has torn down all posters at the student encampment.
The students rightly see this as an escalation. It strikes me as an attack on political speech.
Was this action official university policy?
@GreggHoush
@RebelCapitalist
Nuremberg Principle IV:
“The fact that a person acted pursuant to order of his Government or of a superior does not relieve him from responsibility under international law, provided a moral choice was in fact possible to him.”
Killing civilians is a war crime.
Pass it on.
A disturbing, compelling account of situation in India, including West’s complicity w/ Modi
“while Modi was being honored by the Bill & Melinda Gates Foundation for building toilets, two Dalit children... were beaten to death for shitting in the open.”
Few things sum up the bankruptcy, aloofness, and dangers of contemporary economic thinking more clearly than the fact that a body of work arguing that a 4C increase in average surface temperatures in our planet is "economically optimal" was awarded a "Nobel" prize.
@JamiraBurley
@TheWayWithAnoa
@ewarren
Complaints that those fighting injustice are "too angry" are a form of abusive gaslighting... invariably deployed by those doing the injustice (and their creatures).
Never mind the lack of external validity of
#RCTs
, their ethical problems, or the non-experimental nature of empirical work in
#Economics
The
#NobelPrize2019
went to studies paying researchers $100ks to establish whether spending $3 on poor brown people is too much.
#Bankruptcy
"To enable people to focus on the work [we] need, society has to recognise the valuable public goods that care labour creates, and reward those performing other essential tasks in line with the social contribution their work makes."
#COVID19Pandemic
Universities are suspending students engaged in peaceful sit-ins and debates about the genocide in Gaza, in order to justify their forcible removal. This is a misuse of power and an attack on academic freedom.
It will also backfire.
I expect better from
@TheNewSchool
New School students peacefully occupying the university just sent this"
"hey y’all! TNS admin claims they’re suspending all students who are in the lobby for our encampment in 30 minutes. we’re making a call: FACULTY PLEASE COME JOIN US IN THE UC LOBBY ASAP! we need support"
@GravelInstitute
The key way we support them is by being as courageous as they are in opposing the sociopathic warmongers in media and government in our own countries.
We learned today that our colleague Lance Taylor passed away last night. He was a towering figure in macroeconomic thought. His legacy goes far beyond his writings. It lives in the exceptional students he trained. And in all of us who had the privilege of learning from him.
@CNN
Nuremberg Principle IV:
“The fact that a person acted pursuant to order of his Government or of a superior does not relieve him from responsibility under international law, provided a moral choice was in fact possible to him.”
Killing civilians is a war crime.
Pass it on.
I don't think I ever shared my lecture "Towards a Pluralist, Marxist Theorisation of Capitalist Crises," given as part of the
@SOASxNSSR
Series on Advanced Political Economy. It's worth the watch, if I may say to myself.
@NSSRNews
@SOASEconomics
We are hiring! Both the senior (Associate/Full Professor) and tenure-track junior (Assistant Professor) level.
Join and help us shape contemporary political economies that are critical, analytically rigorous, and egalitarian.
@GravelInstitute
Nuremberg Principle IV:
“The fact that a person acted pursuant to order of his Government or of a superior does not relieve him from responsibility under international law, provided a moral choice was in fact possible to him.”
Killing civilians is a war crime.
Pass it on.