Reposted by Stefan EichMichael Pettis @michaelpettis.bsky.social · 07/09/2026Stefan Eich: "It is never the case that money ceases to be political but merely that it is removed from democratic politics." I just finished Eich's book, not necessarily an easy read, but an important book on why money should not be left to economists and central bankers. 0319
Reposted by Stefan EichAmerican Political Science Review @apsrjournal.bsky.social · 03/10/2026From our FirstView: "What Would It Mean to Democratize Finance? An Evaluation of Divergent Conceptions of Democracy and Finance" by Leah Downey and Stefan Eich, @stefeich.bsky.social. buff.ly/pPVH3mv 032
Stefan Eich @stefeich.bsky.social · 30/09/2026Thanks to both you and Julie for steering this ship into its harbor with some brilliantly helpful feedback and guidance! 110
Reposted by Stefan EichNeil Turkewitz @neilturkewitz.bsky.social · 30/09/2026I love the reference to faux-democratization as “predatory inclusion.” It’s perfect! 👏🏽 Stefan & Leah. “We argue that conceptions that reduce democratization to expanded market access are not merely insufficient but, when applied to speculative capital markets, amount to predatory inclusion.” 0188
Stefan Eich @stefeich.bsky.social · 30/09/2026New article just dropped in APSR! Leah Downey and yours truly on why people should stop using “democratize” when all they really mean is increasing market access. (Looking at you, economists! 👀) And, more positively, what a better vision of “democratization” looks like when applied to finance. 14520
Reposted by Stefan EichNatasha Lennard @natashalennard.bsky.social · 27/09/2026Friends in DC? Please join me with the brilliant @stefeich.bsky.social to discuss On UnCertainty & more! Solid State Books H St, 10/22! www.eventbrite.com/e/natasha-le...eventbrite.comNatasha Lennard - On Un/CertaintyWe live in uncertain times. But what does uncertainty mean for our ability to act? 062
Reposted by Stefan Eichbenedikt heyl @benediktheyl.bsky.social · 09/08/2026@stefeich.bsky.social and @adamtooze.bsky.social argue in their substack that Keynes & Mann both wanted to save the "thin crust of civilisation" by trying to convince the bourgeoisie that one can and should imagine a radically better future. adamtooze.substack.com/p/chartbook-...adamtooze.substack.comChartbook 465 The Last of the Magicians: Thomas Mann, John Maynard Keynes and the Alchemy of Bourgeois LiberalismAn essay by Adam Tooze and Stefan Eich 211
Stefan Eich @stefeich.bsky.social · 09/08/2026Adam Tooze (@adamtooze.bsky.social) & I have been looking for Dr Faustus in expected places. Here are our musings on Thomas Mann, Keynes, magic, and alchemy. "The Last of the Magicians: Thomas Mann, John Maynard Keynes and the Alchemy of Bourgeois Liberalism" adamtooze.substack.com/p/chartbook-... 071
Reposted by Stefan EichAndreas Folkers @afolkers.bsky.social · 21/07/2026Es ist da! Es geht um Aufstieg, Niedergang und Nachleben der fossilen Moderne; um moderne Geschichte als Naturgeschichte; um die materielle Vermittlung des Sozialen durch Kapital und Kohlenstoff; um Kritik an sozialen Verhältnissen, die buchstäblich Natur geworden sind. shorturl.at/FJnFcsuhrkamp.deFossile Moderne. Buch von Andreas Folkers (Suhrkamp Verlag)Was immer der »Motor« moderner Gesellschaften sein mag, fossile Brennstoffe sind... | Buch von Andreas Folkers versandkostenfrei & direkt vom Verlag kaufen 811228
Reposted by Stefan EichDiskursprojekt "eFin & Demokratie" (ZEVEDI) @efin-diskurs.bsky.social · 14/07/2026The Democratic Politics of Monetary Design Vortrag von @stefeich.bsky.social (www.stefaneich.com), per Video zugeschaltet zur Ringvorlesung "𝗗𝗶𝗲 𝗭𝘂𝗸𝘂𝗻𝗳𝘁 𝗱𝗲𝘀 𝗚𝗲𝗹𝗱𝗲𝘀" an der @tuda.bsky.social 🗓 15.7.2026, 18 Uhr 📍 TU Darmstadt, Großer Hörsaal im Schloss (S 313/30) 🔗 zevedi.de/ringvorlesun... 062
Reposted by Stefan EichJW Mason @jwmason.bsky.social · 14/04/2026My book Against Money, coauthored with Arjun Jayadev, is coming out from University of Chicago Press on May 5. press.uchicago.edu/ucp/books/bo...press.uchicago.eduAgainst MoneyA powerful deconstruction of humanity’s most influential invention, from the acclaimed economists J. W. Mason and Arjun Jayadev.Money is everywhere in our daily lives. It lurks in the swipe of a card ... 98323
Stefan Eich @stefeich.bsky.social · 22/04/2026This Friday! Don’t forget to RSVP @natashalennard.bsky.social @joncatlin.bsky.social 032
Stefan Eich @stefeich.bsky.social · 17/04/2026Join us next Friday at 12:30pm at the Remarque Institute (@remarquenyu.bsky.social)! SEYLA BENHABIB ON AT THE MARGINS OF THE MODERN STATE: CRITICAL THEORY AND LAW as.nyu.edu/research-cen... 092
Reposted by Stefan EichThe Philosopher @philosopher1923.bsky.social · 19/03/2026ICYMI: "Critical Theory of Finance" Wendy Brown, Stefan Eich, Aaron Benanav and Paul North discuss the separation of #capital from the productive #economy and #finance as an abstraction. #Philosophy #CriticalTheory Please like and subscribe on YouTube www.youtube.com/watch?v=mo6j...youtube.comCritical Theory of Finance: Wendy Brown, Melinda Cooper, Stefan Eich & Aaron Benanav with Paul NorthYouTube video by The Philosopher 2136
Reposted by Stefan EichBen Crum @bencrum.bsky.social · 08/03/2026Read @stefeich.bsky.social press.princeton.edu/books/paperb...stefeich.bsky.socialStefan Eich (@stefeich.bsky.social)Political theorist of 💵 ⌛️ ⚖️ 🌱 at Georgetown; Author of THE CURRENCY OF POLITICS (PUP 2022) / DIE WÄHRUNG DER POLITIK (Hamburger Edition, Herbst 2023) https://stefaneich.com/ 142
Reposted by Stefan EichThe Philosopher @philosopher1923.bsky.social · 04/03/2026Coming up: Mon. Mar. 9 ~ 12:15pm ET / 4:15pm UK "Critical Theory of Finance Wendy Brown, Melinda Cooper, Stefan Eich and Aaron Benanev in conversation with Paul North On the effects of the enormous shift around who has economic control. #Philosophy www.tickettailor.com/events/theph...tickettailor.comSelect tickets – "Critical Theory of Finance": Wendy Brown, Melinda Cooper, Stefan Eich and Aaron Benanev in conversation with Paul North – Zoom"Critical Theory of Finance": Wendy Brown, Melinda Cooper, Stefan Eich and Aaron Benanev in conversation with Paul North – Zoom, Mon 9 Mar 2026 - For the last 50 years, finance played an ever-larger r... 1186
Reposted by Stefan EichErin Lockwood @erinkaylockwood.bsky.social · 05/02/2026This year I made two big changes to my graduate International Political Economy syllabus: 1) I leaned in to money and capital as organizing themes, and 2) I assigned (nearly) all books. Here's our reading list, ft. Karl Polanyi, Benjamin Cohen, @stefeich.bsky.social, Ngaire Woods, J.C. Sharman ... 78613
Reposted by Stefan EichPrinceton University Press @princetonupress.bsky.social · 13/01/2026We are delighted to share this fascinating Watson School of International and Public Affairs Podcast with Leah Downey, author of Our Money: Monetary Policy as if Democracy Matters. www.youtube.com/watch?v=ysMz... #money #democracy #economics #policyyoutube.comOur Money: Monetary Policy as if Democracy MattersYouTube video by Watson School of International and Public Affairs 064
Reposted by Stefan EichThe Signal @the-signal.bsky.social · 13/01/2026It's not as simple as central bank independence good, political involvement bad. As highlighted in our conversation with Stefan Eich. @stefeich.bsky.social 172
Reposted by Stefan EichAiridas @airidas.eurosky.social · 19/12/2025Une merveilleuse analyse sur la tension entre la promesse d'efficacité technocratique et les institutions démocratiques. D'actualité frappante en suivant le débat européen sur les omnibus. 031
Reposted by Stefan EichNatasha Lennard @natashalennard.bsky.social · 11/12/2025Thx friends @adamtooze.bsky.social, @astra.bsky.social, @mollycrabapple.bsky.social, @alybatt.bsky.social, @stefeich.bsky.social, @danielloick.bsky.social & others who signed condemning malicious cuts at The New School @newschoolaaup.bsky.social @aaup.org Join them! docs.google.com/document/d/1...docs.google.comTNS Community and Supporters Demand: Stop The Cuts!To President Towers and The New School Board of Trustees: We, the undersigned members of The New School community and supporters, write to demand you put an immediate halt to planned downsizing, layo... 11921
Stefan Eich @stefeich.bsky.social · 07/12/2025Ha, looks wonderful! I somehow missed this when I was in Lisbon exactly a year ago. Next time! And the real guide we want is @excubs.bsky.social, who has been touring central bank money museums all over the world (though this one also seems to be still on her bucket list). youtu.be/oK2ecRaTVpI?...youtu.beJuliet Johnson — Show Me the Money: Central Bank Museums and Public Trust in Monetary GovernanceYouTube video by Stanford CDDRL 220
Reposted by Stefan EichSteven Klein @stevenklein.bsky.social · 25/11/2025excited to have a research note for DERISK, co-authored with my two amazing post-docs Virginia De Biasio and Robert Reamer. In the note, we outline some of the threats posed by systemic risks to democracy and discuss a potential pathway forward. Check it out here: www.derisk.org.uk/working-papersderisk.org.ukWorking Papers | DeRiskDERISK explores how systemic risks are transforming governance in western democratic societies… 1116
Reposted by Stefan EichMark Blyth @mkblyth.bsky.social · 19/09/2025The Rhodes Center Podcast is back. Me and Leah Downey on her wonderful book Our Money: Monetary Policy as if Democracy Matters. This is part one of two. In part two we discuss what happens when democracy starts to get the upper hand. Coming soon: player.captivate.fm/episode/eb5e...player.captivate.fmIndependent from who exactly? Central banks and democracy (part 1)Quickly and easily listen to The Rhodes Center Podcast with Mark Blyth for free! 0238
Stefan Eich @stefeich.bsky.social · 15/09/2025Alas the idea has become such a disembodied sibling of the confidence fairy that anything but silent neutrality will be seen as an attack on independence. Trump’s antics obviously don’t help. But paradoxically the sanctity of CBI as an article of faith has only grown with its evident hollowing out. 000
Stefan Eich @stefeich.bsky.social · 15/09/2025Bailey’s obsession w/ quantitative tightening should be a *much* more important story in any account of what’s going on w/ UK gilts. But, perversely, if a Chancellor were to point out that the Bank of England wields quasi-fiscal powers, this would be seen as a violation of central bank independence 150
Reposted by Stefan EichDaniela Gabor @danielagabor.bsky.social · 15/09/2025it's Monday, another day when Andrew Bailey, the governor of the Bank of England, enjoys fiscal powers nobody gave him, and uses them against the government www.theguardian.com/business/202...theguardian.comBank of England urged to slow bond-selling plan to help cut record UK borrowing costsEx-MPC members say ‘quantitative tightening’ should be scaled back or halted entirely, saving the Treasury up to £10bn a year 43511
Reposted by Stefan EichGraham Hubbs @grahamhubbs.bsky.social · 31/07/2025@rlspang.bsky.social provides lots of details here on the politics of recent goldsilverbuggery. Also helpful: this article from a few years ago by @stefeich.bsky.social on crypto and the politics of depoliticization: academic.oup.com/book/36505/c...academic.oup.comOld Utopias, New Tax Havens: The Politics of Bitcoin in Historical PerspectiveAbstractCryptocurrencies are frequently framed as future-oriented, technological innovations that decentralize money, thereby liberating it from centralize 061
Reposted by Stefan EichLars Cornelissen @lcornelissen.bsky.social · 24/04/2025Very exciting to see that my book has its own page on the SUP website now Should be hitting shelves in October! www.sup.org/books/theory...sup.orgNeoliberalism and Race | Stanford University PressLars Cornelissen argues that the category of race constitutes an organizing principle of neoliberal ideology. Using the methods of intellectual history and drawing on insights from critical race studi... 2154
Reposted by Stefan EichBentley Allan @bentleyallan.bsky.social · 11/07/2025Tim is writing the first draft of history ya'll, if you aren't already reading Polycrisis religiously you need to get on that. 0253
Stefan Eich @stefeich.bsky.social · 27/06/2025Here’s a little teaser in _Finance & Society_ but Leah and I have more in the review pipeline right now! www.cambridge.org/core/journal...cambridge.orgCrypto-politics and counterfeit democracy | Finance and Society | Cambridge CoreCrypto-politics and counterfeit democracy - Volume 9 Issue 1 001
Stefan Eich @stefeich.bsky.social · 21/06/2025Heartening to see the spirit of Keynes channeled in today’s Letters to the FT. The CB rush to gold is far darker than portfolio diversification. It represents an admission of international institutional collapse and a tragic shift into unproductive hoarding. Bravo Vishnu Nair! 0207
Reposted by Stefan EichJonathan Boff @jfb1066.bsky.social · 05/06/2025Appropriately perhaps, today is the birthday of Maynard Keynes, Britain's greatest ever financial warrior: 142 years young today. #AgeofMammonandMars 291
Reposted by Stefan EichRosie Collington @rosiecollington.bsky.social · 04/06/2025What does de-risked decarbonization mean for state capacity across sectors? I am THRILLED that this article is now out in @ripejournal.bsky.social! 🔓 Current climate finance regimes lock in lopsided transitions - states need resources for unbankable transitions. www.tandfonline.com/doi/full/10....tandfonline.comThe limits to derisked decarbonization: state capacity unevenness in domestic green transition strategiesWith the adoption of the Paris Agreement in 2015, governments around the world committed to developing national plans to reduce emissions and limit average global temperatures to below 2 °C above p... 37326
Stefan Eich @stefeich.bsky.social · 05/06/2025Thanks for reading! Actually working on some projects on “counterfeit democracy” (including of the crypto variety) with Leah Downey, whose recent excellent book you might also appreciate. 370
Reposted by Stefan EichSamuel Baudinette @sambaudinette.bsky.social · 30/05/2025Bloch: “I believe, Teddy, that we are certainly in agreement here: the essential function of utopia is a critique of what is present. If we had not already gone beyond the barriers, we could not even perceive them as barriers.” 1197
Reposted by Stefan EichAnna Jurkevics @annajurkevics.bsky.social · 28/05/2025Hi folks! Discount code incoming for my new book Contested Territory: A Theory of Land and Democracy beyond Sovereign Bounds. 041
Reposted by Stefan EichThomas Lalevée @thomaslalevee.bsky.social · 26/05/2025For what it’s worth, I still think one of the best studies of the late Alasdair MacIntyre & his thought is this 2005 intellectual biography by Emile Perreau-Saussine (now translated into English) undpress.nd.edu/978026820325... @mattpolprof.bsky.social @thecambridgeschool.bsky.socialundpress.nd.eduAlasdair MacIntyreThis award-winning biography, now available for the first time in English, presents an illuminating introduction to Alasdair MacIntyre and locates his thinki... 0199
Reposted by Stefan Eichakrubic.bsky.social @akrubic.bsky.social · 25/05/2025I'm just going to throw this book by @stefeich.bsky.social into the ring, as I think it talks about the most important aspect of money fundamental at play here: "... to show how money is not just a medium of exchange but also a central institution of political rule." 061
Reposted by Stefan EichMark Joseph Stern @mjsdc.bsky.social · 22/05/2025This bespoke exception for the Fed is one of the most brazenly made-up things I've ever seen the Supreme Court do (which is saying something). There is no principled basis to distinguish the Fed from other independent agencies. The conservative justices just don't want Trump to crash the market! 16955611662
Stefan Eich @stefeich.bsky.social · 23/05/2025Did I mention that ABSOLUTE ETHICAL LIFE includes a terrific chapter on Alasdair MacIntyre?!? "[MacIntyre’s] journey from Marxism is less a reactionary departure and more a story of his thinking through of modernity in terms already indicated in his earlier Marxist work." 061
Reposted by Stefan EichRebecca Kingston @rkingston.bsky.social · 23/05/2025Congrats to Stefan Eich @stefeich.bsky.social on winning the 2024 David and Elaine Spitz Prize from the International Conference for the Study of Political Thought (CSPT)! press.princeton.edu/books/hardco...press.princeton.eduThe Currency of PoliticsMoney in the history of political thought, from ancient Greece to the Great Inflation of the 1970s 23310
Reposted by Stefan EichMichael Lazarus @michaellazarus.bsky.social · 22/05/2025Kind words from a fantastic editor and theorist — it was great pleasure to work with Stefan 072
Stefan Eich @stefeich.bsky.social · 22/05/2025Be sure to get your hands on this beautiful book! Michael Lazarus’s ABSOLUTE ETHICAL LIFE is at once magisterial & elegant, profound & written from the heart. This will be a classic. Out in paperback in our SUP series on June 3. Congrats @michaellazarus.bsky.social! www.sup.org/books/politi... 0152