I’ll be speaking at this exciting @rooseveltinstitute.org
event on Tuesday with Clara Mattei, @bilalb.bsky.social, and Ira Regmi. And I’ll be bringing one of the best charts of New Deal economic analysis you’ll ever see.

Urgent piece by @trevorgriffey.bsky.social on Gavin Newsom’s massive cuts to higher ed, and the refusal of Democratic electeds to resist. utotherescue.blogspot.com/2025/04/will...

Very resonant piece from @awalkerinla.bsky.social on the fires. www.torched.la/zero-percent...

“His private virtues proved to be public vices: The same thrift and moral seriousness that make Carter stand out also fed into his austerity policies —which proved to be political suicide in 1980….” - @timbarker.bsky.social
open.substack.com/pub/ourtime/...

4/5 To return to the NAIRU, in many ways, it comes back to something @rwgilmoregirls.bsky.social wrote in Golden Gulag--that the "[NAIRU's] sociological presence is bounded by the fatal coupling of power and difference.”

3/5 It was also inspired by a question Chris Newfield posed in AQ in 2008, and one that has haunted my thinking since I read it: can American Studies do economics?

2/5 (3) a history of stagflation that takes those aforementioned alternatives seriously.

It also seeks to address the subject formations and belief systems of those who are empowered to manage the monetary and credit system, centrally the US Treasury and Federal Reserve.

1/5 🧵Really happy to have a long-gestating piece in this issue. It connects several threads that I’ve been circling around for the past decade: (1) the racial, gendered and social politics of the NAIRU; (2)alternative modes of inflation management; and... muse.jhu.edu/pub/1/articl...

Toni Morrison vs NAIRU, 1988. HT