Sam Hummel

@justmoneyorg @AllianceJust @PositiveMoneyUS @positivemoneyUK @PositiveMoneyEU @rethinkecon

Did the Federal Reserve put its thumb on the scale in the 2024 election? open.substack.com/pub/samhummel/… @rethinkecon @Lprochon @Groundwork @rooseveltinst @MehrsaBaradaran @STOmarova @Center4EconDem @LevyEcon @LPE_Project @ProfDavidFields @yesmagazine @popdemoc @IPS_DC @inequalityorg

Video is in my blog post here: open.substack.com/pub/samhummel/…

It was an honor to present my research into myths and truths about inflation and hyperinflation at the 2024 American Monetary Institute Conference. I welcome your comments. #inflation #hyperinflation @rethinkecon @Lprochon @alliancejust

I'd welcome your thoughts on my new paper... samhummel.substack.com/p/creating-mon… #Gender #feministeconomics #monetaryeconomics #macroeconomics @rethinkecon @STOmarova @Lprochon @FeinigJakob @Frances_Coppola @PositiveMoneyUK @AnnPettifor @alliancejust

The data can be found here. Feel free to use with attribution. open.substack.com/pub/samhummel/…

Reserve Ratio Requirements 1913-2024 | US Federal Reserve I compiled the reserve ratios for every year for the first 111 years of the Federal Reserve system in the United States, since I couldn't find it all in one place anywhere!

@AlanDownunder @StephanieKelton I see. Thanks for clarifying.

@samhummelthinks @StephanieKelton My correction shows govt liability entering at left and exiting at right. Within the economy The original US Treasury chart (Table 9, 2021 Annual Report) showed notional assets collected at left and recycled at right. Within govt.

As it almost always does, the federal government will put more money into our hands than it will subtract away. The residual is our financial surplus. Click to see

@AlanDownunder @StephanieKelton In the chart. What was the mistake in the chart that was corrected? Who was the original creator of the chart that made the mistake?

@AlanDownunder @StephanieKelton What I don’t understand is who corrected what? And what was the correction, exactly?

@AlanDownunder @StephanieKelton Huh?

@StephanieKelton Yes. This correction started with a horizontal flip:

@blafasel42 @RnaudBertrand Where can I find that clip?!!! Please. I need that.

This is absolutely priceless. And probably the most frightening clip you'll ever watch on the people in charge of the US economy. Jared Bernstein is literally the Chair of the Council of Economic Advisers, the main agency advising Biden on economic policy

@Earth4All_ We need it. Instantly!

#UBD #UBI #BasicIncome 🗨️ Share your thoughts on the idea of a universal basic dividend 👇

🆕Two NEW #Earth4All deep-dive papers are out! Led by Ken Webster @CircularEconKen, they explore the concept of a universal basic dividend (UBD) and are a follow-up to his first paper “The long road to a universal basic dividend” (available here: ow.ly/Y52n50QwbT6)

@lachlanmccall @rethinkecon @khand154 Anyone else think that is an important and urgent gap?

@lachlanmccall @rethinkecon @khand154 This has been a really helpful! It confirmed my own research finding that there isn't currently an English language instructor-ready introductory textbook that teaches economics from-the-ground-up from a Post-Keynesian perspective. Though Rochon & Rossi is close.

What is the best introductory macroeconomics textbook from the post-Keynesian perspective? #Economics #EconTwitter

@PositiveMoneyEU @rethinkecon @Lagarde Great quote. So true! @SaveToNotion

📣 #ecb President @Lagarde criticised the lack of diversity in economics at the #WEF24. She pointed out that many economists form a ‘tribal clique,’ often quoting each other and rarely venturing beyond their own circles. euractiv.com/section/econom…

@michaelmezz Sadly, Mankiw's tired thinking is reflected in his economics textbooks, which are *the bestselling* textbooks in the whole world, by a wide margin! It's time to re-write the textbooks! ineteconomics.org/perspectives/b… youtube.com/watch?v=QnxE5f…

The type of economic analysis in this article is tired. 💤 And at this point, it's actively unhelpful. We need a new economics conversation that acknowledges the elephants in the room: climate change & inequality. THREAD🧵👇

u can’t sell houses u don’t own u can’t sell cars u don’t own but u *can* sell stock u don’t own!? this is bs – shorting is a scam legal only for vestigial reasons

@visualizevalue @naval Why? Because you can share your wealth but you can't share your status? Seems to me like many non-wealthy high status people, such as journalists and authors, do share their status by raising up the voices of others. Meanwhile, many wealthy people don't share their wealth

"Wealth is a positive sum game and status is a zero-sum game." — @naval

@KKR_Co ⚡ @KKR_Co, your Environmental, Social, Governance (ESG) Responsible Investment Policy, and commitment to the @UN_SDG goals doesn't seem to fit with kicking the Wet'suwet'en people off their territory by investing in @CoastalGasLink's pipeline. Care to explain? #KKRGlobalImpact

$KKR continues to expand #KKRGlobalImpact team with the appointment of Chee-Wei Wong as Head of Global Impact for Asia ow.ly/Cy4250yJxG3