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Sam Levey

@slevey

Assistant Professor of Economics at Illinois College. Modern Monetary Theory and other heterodox approaches.

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09.10.2023
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Latest posts by Sam Levey @slevey

Incredible @polphilpod.bsky.social banger today. Conclusively answers the question of whether conservatism is just fascism or not. Offers a hopeful vision for victory. Give it a read!

06.03.2026 11:07 πŸ‘ 37 πŸ” 9 πŸ’¬ 0 πŸ“Œ 0

Years ago I wrote about naive cynicism, which is the posture of being sophisticated, knowing, and worldweary often worn by those who don't actually have a firm grasp on what's going on but have surrendered to what they claim to oppose and are trying to convince others to do the same.

05.03.2026 17:10 πŸ‘ 113 πŸ” 15 πŸ’¬ 1 πŸ“Œ 2

They didn't care about the Americans killed in the Benghazi attack, they saw those murdered Americans as props, as tools to be used for political attacks against Hillary Clinton and the Democrats.

So they have trouble grasping that some Americans really do care about US personnel killed abroad.

04.03.2026 15:40 πŸ‘ 220 πŸ” 63 πŸ’¬ 5 πŸ“Œ 1

There’s this sense that everyone has been underreacting to objectively alarming scenarios because everyone else has been underreacting, but that also means if the mood changes it could change all at once

04.03.2026 00:34 πŸ‘ 394 πŸ” 34 πŸ’¬ 7 πŸ“Œ 2

I think there’s actually kind of a broader doomsday scenario where the general ethos of β€œit’ll all work out” that has pervaded institutions during Trump 2.0 gives way, and everyone looks around and realizes a criminal madman is running the US, like the moment Wil E. Coyote looks down

04.03.2026 00:24 πŸ‘ 990 πŸ” 135 πŸ’¬ 27 πŸ“Œ 8

The implication here is straightforward: that people with platforms, including Democratic politicians and media, need to keep highlighting the threat to democracy specifically β€”Β centering democracy as an issue in both word and deed.

To save democracy, you have to actually talk about democracy.

24.02.2026 15:10 πŸ‘ 939 πŸ” 239 πŸ’¬ 13 πŸ“Œ 26
Screenshot of a CNN segment shared by Acyn. A split-screen shows commentator Lydia Moynihan on the left and Kevin O’Leary on the right during a heated exchange. The chyron reads, β€œObama: Dems need to avoid scolding and β€˜virtue-signaling.’” The post quotes O’Leary referencing China and concentration camps, and McGowan responding about West Virginia.

Screenshot of a CNN segment shared by Acyn. A split-screen shows commentator Lydia Moynihan on the left and Kevin O’Leary on the right during a heated exchange. The chyron reads, β€œObama: Dems need to avoid scolding and β€˜virtue-signaling.’” The post quotes O’Leary referencing China and concentration camps, and McGowan responding about West Virginia.

I spent my childhood inside of American concentration camps. I know one when I see one. And that is what ICE is building.

17.02.2026 21:00 πŸ‘ 36721 πŸ” 11198 πŸ’¬ 1005 πŸ“Œ 378

β€œCollection of Handwritten Letters from Children in Detention Center” sounds like an exhibit in the Holocaust Museum.

09.02.2026 18:31 πŸ‘ 5165 πŸ” 1767 πŸ’¬ 53 πŸ“Œ 44

I really do think this is an excellent metaphor for the moment.

09.02.2026 05:09 πŸ‘ 1812 πŸ” 416 πŸ’¬ 14 πŸ“Œ 4

It really pays to remind ourselves frequently that this whole immigration "crisis" is made up out of whole cloth. There was no emergency,danger or problem, only a demagogue stirring up racist grievances for political advantage.

07.02.2026 03:38 πŸ‘ 3381 πŸ” 1028 πŸ’¬ 48 πŸ“Œ 33

People who say this are clearly speaking aspirationally about a shared American creed they hold dear. β€œHave you heard of the Trail of Tears?” is not a very helpful response, because they probably have and the priority right now is moral opposition to fascism and not fake-educating each other.

22.01.2026 14:08 πŸ‘ 3136 πŸ” 373 πŸ’¬ 113 πŸ“Œ 72

Teaching macro be like "here's this idea about how people behave, pretty crazy rite. You've never heard of it because you don't personally do it. The empirical evidence that anybody else does it is very bad. Every paper must have it or at least address it or the paper can't be published."

20.01.2026 03:16 πŸ‘ 29 πŸ” 2 πŸ’¬ 1 πŸ“Œ 0

It's actually a good thing that previously apolitical normies are finally getting angry and starting to speak out. We need the numbers in the streets and at the polls.

If your response to them is "no, fuck you, too late," then you don't actually care about stopping Trump. You're just preening.

11.01.2026 19:49 πŸ‘ 7699 πŸ” 1216 πŸ’¬ 170 πŸ“Œ 105

we’re never returning to β€œnormal β€œ

that world is dead and gone

we create a new one, or we live in hell

08.01.2026 03:51 πŸ‘ 3957 πŸ” 980 πŸ’¬ 24 πŸ“Œ 0

IIRC though, the same surveys ask about both current conditions and future expectations

19.12.2025 15:44 πŸ‘ 2 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

and if technology and population are roughly matched, then whichever side mobilizes its resources more fully will have the edge, even if the conflict is fought with high-tech weapons – mass overwhelms precision. This then undercuts your argument about inequality too.

19.12.2025 15:12 πŸ‘ 0 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

IMO your argument is missing the logic of competitive arming. You point out that the bloated US defense sector does not absorb substantial labor, but in an actual war for survival, resource demands don’t stop at that level, they expand to absorb everything…because the other side is doing the same,

19.12.2025 15:12 πŸ‘ 0 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

Also they're just sick. They're killing people and whether you think it's justified or not (obviously it's not) that should mean something. Instead they're running around laughing like an axe murderer in some terrible horror movie. Completely broken people

01.12.2025 05:30 πŸ‘ 823 πŸ” 174 πŸ’¬ 20 πŸ“Œ 7

Americans relearning in real time that uncertainty is a necessary sibling of discretionary authority.

20.11.2025 18:26 πŸ‘ 4 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

In my Foundations of HCI class, we’re in the midst of our social computing section, thinking about how to address online toxicities. Had the students play Masnick’s β€œTrust & Safety Tycoon” game in class yesterday. Their reactions: moderation is HARD... www.techdirt.com/2023/10/17/t...

19.11.2025 18:53 πŸ‘ 57 πŸ” 16 πŸ’¬ 2 πŸ“Œ 0

Staggering

09.11.2025 15:51 πŸ‘ 146 πŸ” 49 πŸ’¬ 11 πŸ“Œ 3

Headwind vs tailwind?

30.10.2025 17:50 πŸ‘ 4 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

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

29.10.2025 16:03 πŸ‘ 249 πŸ” 17 πŸ’¬ 5 πŸ“Œ 4

HOW VOTERS PICK A CANDIDATE:

-they observe the social environment (largely through media)
-they decide what role they want to play in that environment (respected? savvy? oppositional?)
-they pick the candidate they think fulfills that role
-they reverse-engineer an explanation for their pick

29.10.2025 15:56 πŸ‘ 738 πŸ” 106 πŸ’¬ 23 πŸ“Œ 25

"normies do not care about this thing and so it is no use raising a stink" is imho just an excuse for not doing politics, which is the job of making normies care about something

24.10.2025 02:47 πŸ‘ 15882 πŸ” 2698 πŸ’¬ 204 πŸ“Œ 177
Preview
The only check-and-balance that actually matters

The destruction of the East Wing is a reminder that America has violated the only check-and-balance that actually ends up mattering: www.doomsdayscenario.co/p/the-only-c...

22.10.2025 14:51 πŸ‘ 966 πŸ” 379 πŸ’¬ 63 πŸ“Œ 134

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.)

20.10.2025 06:29 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

All of us are individually powerless. We can only form an effective opposition collectively. And when things need to happen on the scale we need them to happen, you’re simply not going to agree with every tactic every group deploys, never mind have a veto on them.

16.10.2025 17:27 πŸ‘ 116 πŸ” 18 πŸ’¬ 6 πŸ“Œ 0
Preview
Fragility Is Getting Scary The opposite of risk management.

This, from @hamiltonnolan.bsky.social , highlights a consistent aspect of the second Trump Administration that should scare us all -- across a variety of areas (economy, health, climate, etc.), Trump is weakening our protections against the greatest risks. open.substack.com/pub/howthing...

13.10.2025 16:23 πŸ‘ 32 πŸ” 14 πŸ’¬ 0 πŸ“Œ 0