My new article in @RIPEJournal challenges assumption that private financial actors necessarily want fewer/weaker regulations. Using #sovereigndebt reform cases, it shows private prefs are more malleable and can change for reasons beyond material interests https://t.co/dA3xK03JvI
@dieworkwear Yes, more focus on causal inference but rooted in foundational philosophy of science perspectives (technical methods stuff can come later and build on that).
Two 👍🏻 for “What is History.” One of my favourites. A bit of a deep cut too. More peeps need to read that one.
@StevenKelly49 Plan to read this soon, but do you have a clear sense of whether this is a true lending (advances) or a repo facility? I’ve seen it referred to both ways at the BoE (and ultimately it may not matter much for them). Still curious…
@daniel_mcdowell Maybe we’ll have to invite you as a visiting speaker next time! Enjoy your visit, and let me know if you need any recommendations for where to get a good beer while you’re here.
@daniel_mcdowell What’s worse is that GFC, while the agreed shorthand, has come to mean two different things. Most of the people I interact with these days call it the Great Financial Crisis. Not a fan.
How about the Lehman demon? Lol. Ok, maybe that’s a bit too narrow.
@DavidHengsbach@syllabus_tweets@bankofcanada Agreed: it's thin. If I was doing deep dive into concept, would look at those who use the term (central banks, MMTers--quite differently) and IPE lit (currencies, critical macro-finance, sov debt), which uses different names for similar ideas.
Our Hidden Gem of the Week argues that central banks ought to introduce their own digital currencies in order to prevent the erosion of their nations' monetary sovereignty via private and foreign digital monies.
By @skywillbrooks for @bankofcanada
https://t.co/xCPwUl9yt3
@daniel_mcdowell@henryfarrell@ANewman_forward @dhnexon & @profptj did a great podcast on Strange but concluded she didn't have any real disciples. I think they missed mentioning Eric. Strange's 'followers' aren't easy to spot b/c they're as non-conforming as her. They def don't line up behind a certain theoretical approach.
@daniel_mcdowell@henryfarrell@ANewman_forward Yes he does, and yes he is the nicest, though he won't hesitate to call your work woolly. Having worked under Eric for years, he is always asking: what would Strange say? While the Helleinerian tradition is uniquely his own, it is also a continuation of the Strangian tradition.
@daniel_mcdowell @WDOConnell @RIPEJournal Thanks Dan! I also have to say, I'm doing some work on swap lines at the moment and your book is a gift that keeps on giving.
Happy to see my article 'in print' in the current issue of @RIPEJournal.
I'm not always great at self-promoting but I think this is worth sharing. Let me give you a brief synopsis in this short thread. (1)
https://t.co/dA3xK03JvI
If you'd like a copy, let me know! If you're looking for syllabus materials on IPE of finance, I suggest pairing with one of the excellent articles I cite in the intro (eg Underhill & Zhang 2008; Young 2012; etc.). THREAD OVER.
In doing so, I offer a (somewhat analytically eclectic😉) account of preferences and ground it in an interesting - but not well known - case where private creditors revised their preferences toward sovereign debt restructuring rules. (4)