We are discussing the collapse of Silicon Valley Bank and the recent banking stresses in general. What happened? To what extent is SVB special? Do other banks face similar risks? To prompt discussion, we first have a Bloomberg article by Matt Levine from the day the FDIC shut down SVB. Startup Bank had a Startup …
In this lecture I propose to present some of the most fundamental tenets of Modern Money Theory (MMT) as a starting point to (re)articulate contemporary macroeconomic issues that have come to dominate the media post-2008 and the 2020 pandemic crises. Unfortunately, orthodox macroeconomic analysis completely circumvents the notion of modern money and modern monetary institutions. …
What would be a modern theory of uneven economic development? In this second webinar of the "Development Talks" Series, 10 April, 2023, 5:00–6:30 pm (British Summer Time). A Modern GuideJoin us for a discussion with Prof. Erik S. Reinert (TalTech) and Dr Ingrid Harvold Kvangraven (King's College London) on their new book "A Modern Guide …
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Learn what it means to be an organizer in YSI, and how to get started.
The YSI Writing group centers on improving writing skills through community approach and support young scholars on their writing journey.In our Feedback Sessions, we mainly talk about texts from other young writer we looked at beforehand. Next session, we will comment and give feedbacks on the first draft of a paper.We freely organize feedback through …
This is the third and final session when we will cover Ulrich Bindseil's 2014 book "Monetary Policy Operations and the Financial System". We will focus on chapters 13-18. From the bookseller's description:"Since 2007, central banks of industrialized countries have counteracted financial instability, recession, and deflationary risks with unprecedented monetary policy operations. While generally regarded as …
Monetary Policy Operations and the Financial System | Session 3 Read More »
YSI Community Call Whether you're brand new to the community, or a long-time YSI'er, the monthly community call is a chance to (re)connect with other members, and let yourself be inspired by your peers. This Month's Alumni Highlight: Tinashe Nyamunda Tinashe Nyamunda is an associate professor in the Department of Historical and Heritage Studies at …
For a few decades, it was clear that whatever needed to be settled was best done by the market. But what is valid today, when the old leitmotif no longer applies? And what if the alternative cannot be that instead of the market, the state now regulates everything and always? Dani Rodrik and Mariana Mazzucato …
Targeted to young scholars working on these topics that want to participate in the 6th Workshop of the Politics of Money network, entitled “The Politics of Money in the 2020s: W(h)ither Global Finance?” In this session on “Frontiers of finance: fintech, crypto and green finance”, we will explore the specificities and continuities of new developments …
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In the context of the 2023 banking turmoil, we are discussing Zoltan Poszar's 2011 IMF working paper, "Institutional Cash Pools and the Triffin Dilemma of the U.S. Banking System". https://www.imf.org/en/Publications/WP/Issues/2016/12/31/Institutional-Cash-Pools-and-the-Triffin-Dilemma-of-the-U-S-25155 Nathan Tankus recently blogged about this paper. We can compare his interpretation with our own. https://www.crisesnotes.com/the-night-they-reread-pozsar-in-his-absence/ This blog post also sparked a discussion in the …
Join us for this reading group session which will be held on 20 April 2023 at 11:00ET. Jay Pocklington and Jakob Sparn will be facilitating a discussion on The Power of Myth by Joseph Campbell and Radical Hope: Ethics in the Face of Cultural Devastation by Jonathan Lear.
Sibulele Ngomane, YSI and LPFMI Spring 2022 participant will recap her experience from last year (more information here). This will also be ideal for anybody, who is looking to ask more questions about our community, we have been building since 2018. Come tune in and shoot us your questions! FYI, we are also organizing an …
Sibulele Ngomane’s LPFMI Spring 2022 recap & ask us anything! Read More »