Sam Levey
slevey.bsky.social
Sam Levey
@slevey.bsky.social
Assistant Professor of Economics at Illinois College. Modern Monetary Theory and other heterodox approaches.
Headwind vs tailwind?
October 30, 2025 at 5:50 PM
Reposted by Sam Levey
people's political affiliations are frequently not an expression of underlying ideology but an attempt to define their own identity and a reflection of their perceived (and desired) role in the social ecosystem, which in turn means they're a direct reflection of how they perceive that ecosystem
October 29, 2025 at 4:03 PM
This is very nice symbolically, but economically I don’t think it actually does anything, it’s not real leverage. The Treasury would have to sell more bonds to cover the lost revenue, but the states would be depositing the funds in banks, who would be buying the bonds. (Or else the Fed could.)
October 20, 2025 at 6:29 AM
The problem is that neither inventive design nor enforcement can cover every conceivable scenario, and so peoples’ hearts matter too. The heart makes you do the pro-social thing even if no one is looking.
October 11, 2025 at 8:26 PM
Reposted by Sam Levey
"Donald Trump is a monster and we desperately want to work with him" is a batshit position to take, it makes you sound like an insincere and feckless empty suit
September 2, 2025 at 7:56 PM