58.2 Izabella Kaminska on UBI, MMT, ESG and -isms

———Part 2 Summary———

Izabella Kaminska, editor of Alphaville – the Financial Times blog, talks political-economy: work furlough as proto Universal Basic Income, a labor force under Modern Monetary Theory, naïve accedence of Environmental-Social Governance, socialism, communism, corporate-capitalism and more!

———Episode 58 Intro———

Welcome to Making Sense.  Jeff Snider and I are joined by a very special guest, Izabella Kaminska who has accomplished many accomplished things, including being the editor of FT Alphaville, the Financial Times blog.  Though to refer to Alphaville as a mere blog, would be a gross disservice.  No ladies and gentlemen, it is much more than that.  It is the modern-day equivalent of the 17th-century London coffeehouse.  

Both, forums for transactions, spirited debate, and the exchange of information, ideas – and lies! – though Alphaville is pointing them out for our benefit.  Strangers, no matter what their social standing or political allegiance, are always welcomed into lively convivial company.  The topics, then like now: the stock exchange, insurance, auctioneering, politics, arts… Then?  The ‘not-so-old’ masters.  Now?  NFTs.  Both the contents of the 17th-century coffee mug and Alphaville could be described the same way: “‘black as hell, strong as death, sweet as love’ and shot through with grit.”


———SEE IT———–

Twitter: https://twitter.com/izakaminska
Twitter: https://twitter.com/JeffSnider_AIP
Twitter: https://twitter.com/EmilKalinowski
Alhambra YouTube: https://bit.ly/2Xp3roy
Emil YouTube: https://bit.ly/310yisL
Art: https://davidparkins.com/

———Hear It———

Vurbl: https://bit.ly/3rq4dPn
Apple: https://apple.co/3czMcWN
Deezer: https://bit.ly/3ndoVPE
iHeart: https://ihr.fm/31jq7cI
TuneIn: http://tun.in/pjT2Z
Castro: https://bit.ly/30DMYza
Google: https://bit.ly/3e2Z48M
Spotify: https://spoti.fi/3arP8mY
Pandora: https://pdora.co/2GQL3Qg
Breaker: https://bit.ly/2CpHAFO
Castbox: https://bit.ly/3fJR5xQ
Podbean: https://bit.ly/2QpaDgh
Stitcher: https://bit.ly/2C1M1GB
PlayerFM: https://bit.ly/3piLtjV
Podchaser: https://bit.ly/3oFCrwN
PocketCast: https://pca.st/encarkdt
SoundCloud: https://bit.ly/3l0yFfK
ListenNotes: https://bit.ly/38xY7pb
AmazonMusic: https://amzn.to/2UpEk2P
PodcastAddict: https://bit.ly/2V39Xjr

———Ep 58.2 Topics———

00:05 Political determination of economic outcomes via furlough, UBI and socialism
11:04 Good intentions of MMT and ESG act as shields against skepticism; the echoes of communism
21:20 Political considerations (MMT, UBI, ESG) will result in inescapable market consequences
26:42 Corporate measurement of customer behavior and its political consequences

———Ep 58.2 References———

Alphaville: https://www.ft.com/alphaville
Alhambra Investments Blog: https://bit.ly/2VIC2wW
RealClear Markets Essays: https://bit.ly/38tL5a7

———WHO———

Jeff Snider, Head of Global Investment Research for Alhambra Investments with Izabella Kaminska, editor of FT Alphaville and Emil Kalinowski, a Financial Times subscriber. Art by David Parkins, the Pasqua Rosée of black ink. Podcast intro/outro is a chamber music version of “Canon in D” by Johann Pachelbel, the 17th-century German composer. Listen at Epidemic Sound. Learn more about “The Lost World of the London Coffeehouse” from Dr Matthew Green.