Money/Power
Samuel A. ChambersTheory, Money Markets, and Impersonal Wealth
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 39 | Founded | 2 years ago | Last Issue | a month ago |
| Active | |||||
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moneypower.substack.comLatest Issues
"Bank Run" is the Wrong Metaphor for Private Credit Redemption Claims
Not private credit redemption requests
Last week, Professor Natasha Sarin, of Yale Law School, weighed in on the potential crisis brewing in private credit. She offers a clear and concise aanlogy: “This Is Starting to Look Like a Slow-Moti...
Was Milton Friedman a Bullionist?
Bad Ideas About Money Never Die
Perhaps the most pervasive, pernicious, and completely false idea about money is neither the commodity theory, nor even the myth of gold, but rather the fundamental notion that the shift from a state of...
Legal Categories of Money: Ep1, “Deposits”
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This is the first substantive installment of an ongoing series on the legal categories of “money,” which will eventually culminate in a discussion of the newest creation in that history – “stablecoins.” In the preamble to...
New Series Launch: Legal Categories of "Money"
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`This was going to be a piece about stablecoins (another piece about stablecoins!) and eventually it will be. However, any genuine effort to grasp the full weight and import of stablecoins after the passage of the Genius...
A Lorite Reading of Central Banking Practices
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In an earlier engagement with Walter Bagehot’s Lombard Street I noted that since 2008 the book has been cited incessantly, but almost exclusively this has been done in order to present Bagehot’s putative advice to central...
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Authors
The writers behind this newsletter.
Teacher, scholar, and student of money, power, and their relation. Professor of political theory and political economy at Johns Hopkins University.
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