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October 2016 Newsletter

New Working Paper 

 
Benjamin C. Wilson, Research Scholar at the Binzagr Institute, authored a new working paper:
 

Abstract:
This paper critiques Marx’s use of the vampire as a metaphor for capital, by suggesting that cancer offers political economists a more appropriate lexicon to describe capitalism’s exploitative and destructive nature. This argument, however, is not limited to a metaphorical narrative. While cancer, similar to dead labor, drains the vitality of living labor, it is also a real disease that is investigated using innovative science to find a cure and treatments designed to improve the quality of life of cancer patients. One of the most promising advances in cancer research comes from the ability to compare the healthy human genome to those undergoing the mutations that produce cancer cells. Genetics’ mapping of cancer’s pathologies is critical to understanding why, how and what treatments are effective. Using the Cancer Atlas as a model, this paper outlines how political economy can apply the imaging technology of geographic information systems to identify patterns in the spread of capitalism’s social and environmental mutations. In addition, these tools also afford an opportunity to investigate the health benefits of institutions and organizations animated by mutual aid and cooperation, rather than rational optimization and efficient production. From this comparative examination, illustrated by maps and described by oncology’s vocabulary, a wider discussion of production, value, and social change becomes more accessible to all those who desire a healthy society with sustainable prosperity available to all.

Vlog: Sustainable Prosperity

Mathew Forstater, Research Director at the Binzagr Institute, presents the Season 1 Finale of our Vlog Series "Jobs, Money, Debt: Economic Common Sense." This Vlog series is designed to debunk myths about unemployment, deficits, the national debt, and the monetary system, and to articulate how we can create sustainable prosperity for the 21st century.  The eighth episode on "Policy for Sustainable Prosperity" explains how a Job Guarantee program can be used to minimize the use of exhaustible resources. Watch, comment, share, subscribe to our YouTube channel, and stay tuned for the Spanish subtitles of Season 1 and for more videos coming up in Season 2 of our Vlog series.

Updates from our Team

ROAR Magazine
Sandy Brian Hager, Research Scholar at the Binzagr Institute, published an article entitled "
The Rise of American Bondholding Class" in ROAR Magazine.

The Laura Flenders Show
Pavlina R. Tcherneva, Research Scholar at the Binzagr Institute, was interviewed on the Laura Flenders Show. You can watch the full video
here.

Financial Development, Economic Crises and Emerging Market Economies
Yan Liang, Research Scholar at the Binzagr Institute, authored a book chapter entitled "Minsky In Beijing: Shadow Banking, Credit Expansion And Debt Accumulation In China." The chapter is published in a book called "
Financial Development, Economic Crises and Emerging Market Economies" (edited by Faruk Ulgen).

The Minskys
Pavlina R. Tcherneva, Research Scholar at the Binzagr Institute, was featured in a blog post entitled "
In The Spotlight: Pavlina Tcherneva" (October 2, 2016).

New Economic Perspectives
Michael Hoexter, Research Scholar at the Binzagr Institute, published a new NEP blog post entitled "
A Pocket Handbook of Soft Climate Denial" (October 6, 2016).

The Los Angeles Times
Robert Hockett, Research Scholar at the Binzagr Institute, was interviewed for the article "
Federal Agency that investigated Wells Fargo scandal dealt blow by court" (October 11, 2016) in the Los Angeles Times.

The Minskys
Carlos Maciel, Research Fellow at the Binzagr Institute, published a blog post entitled "
Brazil May Be About to Give Up Its Financial Sovereignty" (October 16, 2016).

The CLS Blue Sky Blog
Robert Hockett, Research Scholar at the Binzagr Institute, co-authored (with Saule Ormanova) an article entitled "
Challenging the Myth of Financial Intermediation Myth" (October 17, 2016) on The CSL Blue Sky Blog.

Market Watch
Scott Fullwiler & Rohan Grey, Research Scholars at the Binzagr Institute, were interviewed for a MarketWatch article entitled "
John Oliver says Jill Stein doesn’t understand her own student debt plan" (October 17, 2016).

Forbes.com
John T. Harvey, Research Scholar at the Binzagr Institute, published an op-ed entitled "
Another Thing Donald Trump and Hillary Clinton Get Wrong In This Election: The National Debt" (October 19, 2016).

OEN - Op-Ed News
Ellen Brown, Research Scholar at the Binzagr Institute, published an op-ed entitled "
Funding California Schools: Proposition 51 versus a State-owned Bank" (October 20, 2016).

Sandy Brian Hager 's Blog
Sandy Brian Hager, Research Scholar at the Binzagr Institute, published a blog post entitled "
Trump & Inequality: What’s the Connection?" (October 25, 2016).

Triple Crisis
Jorge Amar & Scott Ferguson, Research Scholars at the Binzagr Institute, published "
Prospects for the Spanish Left" (October 27, 2016).

Forbes.com
Sara Hsu, Research Scholar at the Binzagr Institute, published four new op-eds on the state of the Chinese economy: "China Isn't Giving Up on Venezuela Just Yet" (October 8, 2016), "Chinese Housing Bubble Is Finally Here -- As Expected" (October 11, 2016), "China's Debt Equity Swap Program Doesn't Address Its Debt Problem?" (October 15, 2016), and "Yes, There Is Still Real Growth In China" (October 28, 2016). You can follow Sara's columns on Forbes.com here.

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