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February 20, 2021

Analysis

Transitions

Four voices on Spain's transition from the Franco dictatorship to parliamentary monarchy — and what didn't change.

It’s been some time since the term “transition” was fully incorporated into day-to-day usage in contemporary Spanish. It refers to the process of political change that began during the second half of the 1970s, a process which transformed Spain from…

July 10, 2020

Analysis

The Crisis and the Free Market

On crisis, partisanship, and public policy

Will the current crisis transform America’s politics and economic institutions? With unemployment higher than at any point since the Great Depression, rising food insecurity, and an increasingly muscular role for government—are we witnessing the beginning of the end of the…

June 18, 2020

Phenomenal Works

Phenomenal Works: Mehrsa Baradaran

Banking between states and markets

Mehrsa Baradaran is a Professor of Law at UC Irvine. Her research situates the American banking system within a dense network of legal, historical, and political relationships.

July 22, 2019

Sources

At the Phenomenal World, we have been publishing pieces covering a wide-range of topics, many of which are common ground in this newsletter. Below, in no particular order, is a round-up of some recent work in case you missed it.

June 10, 2019

Sources

Debates over the political impacts of Central Bank Independence (CBI) reached their peak in the late 90s and early 2000s, due to rising inequality and the volatility of financial markets. Initiated with the 1977 Federal Reserve Act and Paul Volcker’s…