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Mona Ali

4,677 posts

Mona Ali

@MonaAli_NY_US

Econ prof, State Univ. of New York. Fellow, Transition Security Project. Photo of Carina Brunnelli's, Venice in the Flow of Time, Triptych I 2025.

Joined April 2016

Pinned
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Mona Ali
@MonaAli_NY_US
Apr 6
Why the jagged line to a post American order runs from Havana (1948) to Cairo (1956) to Hormuz (2026). Grateful for the superb editing by @Equatormag's @GavJacobson, @jonathanshainin, Ratik Asokan and @samanth_s. And thanks to @negarazimi for the stunning tidal image of the
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Speak the Wind, Hoda Afshar's photography
From prix.pictet.com
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Mona Ali
@MonaAli_NY_US
May 14, 2024
That child with the pink balloon should weigh heavily on all American minds.
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الشؤون العالمية
@mjrdzayr337191
May 13, 2024
نزوح الأهالي من مخيم جباليا تحت وابل من إطلاق النار والقصف الصهيوني.
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00:00
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Mona Ali
@MonaAli_NY_US
Apr 9, 2023
As Keynes envisioned the Bretton Woods institutions, the idea was to equilibrate international imbalances. This also means addressing imbalances in the body's voting-shares. Both India and China punch way below their weight in voting rights with respect to their population & GDP.
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Mona Ali
@MonaAli_NY_US
May 2, 2022
Tooze & Fertik (2014) assert that WWI reshaped the world economy countering the economists narrative that war interrupted globalization. WWI, they argued, 'activated to an unprecedented degree' the networks of 19th century globalization. My essay understands the present similarly
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Ted Fertik
@tedfertik
Apr 28, 2022
Absolutely sensational piece from @MonaAli_NY_US. The density of forensic knowledge about the global dollar system is astounding. Among other treats, it has the clearest and most concise explanation of Bretton Woods I and its demise I've ever read.
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Mona Ali
@MonaAli_NY_US
Jul 12, 2023
I so wish I had my own copy of this. Why hasn't the classic that is Marcello de Cecco's MONEY AND EMPIRE been republished?
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Mona Ali
@MonaAli_NY_US
Apr 3, 2025
The US deficit is the statistical outcome of US supremacy in the global financial and value-added hierarchy. Given all the Neanderthal maths out of DC, here's a simple story, one I'll be reminding the undergrads tomorrow: it took an almost two-year long recession (2008-2010),
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Mona Ali
@MonaAli_NY_US
Sep 1, 2024
The most obvious feature of global imbalances (see right graph) is that the US consistently drives the story. Yet the prevailing US policy view is that other parties (China today) must reduce their trade surpluses. Less appreciated is that the international monetary hierarchy
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Rashad Ahmed
@VARshad_
Sep 1, 2024
Brad’s work is (an unintentionally) useful reminder that US imbalances weren’t driven by China in the 1st half of the 2000s, but instead by the volume and valuation effects of oil imports. Only by the mid-2000s did China surpluses become a (the) big counterparty to US deficits
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Mona Ali
@MonaAli_NY_US
Jun 4, 2022
Can’t wait to read ⁦@PMehrling⁩’s book on the man who helped fashion the world dollar standard. Here is Kindleberger in 1970, just before Bretton Woods falls apart, advocating for G-10 representation at the Fed’s FOMC and for the BIS to regulate the offshore dollar market!
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Mona Ali
@MonaAli_NY_US
May 21, 2023
How many of you well-versed in the Lucas paradox knew this? Man, the stars were aligned for his ex.
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Mona Ali
@MonaAli_NY_US
Nov 10, 2024
Hot off the press. Pre-order in time for your Spring 2025 political economy classes.
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routledge.com
Radical Political Economics: Principles, Perspectives, and Post-Capitalist Futures
This collection of essays engages in the analysis of key concepts, concerns, and cutting-edge insights in radical political economy. Offering a robust critique of capitalist institutions as well as...
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Mona Ali
@MonaAli_NY_US
Mar 5, 2023
Krugman's wrong and it's because he understands the dollar as currency alone rather than as a global system of debt and debt-based finance (e.g. derivatives & sovereign debt). He doesn't want to get into the details but NY-LON are the core of the $ based global financial system.
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Mona Ali
@MonaAli_NY_US
Dec 26, 2022
<the politics of language> The Financial Times' favored words this year!
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Mona Ali
@MonaAli_NY_US
Mar 8, 2022
Zoltan is mostly right but he is wrong about the future of the dollar. His analysis of geo-monetary dynamics is spot on. World money has core-periphery dynamics. Regime shifts are non-linear events. Keynes himself recognized that world events can't be measured using probability.
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Robin Wigglesworth
@RobinWigg
Mar 8, 2022
Peak Zoltan.
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Mona Ali
@MonaAli_NY_US
Jul 29, 2024
Once again, at LaGuardia Airport, feeling like a second class citizen unable to check in because I am deemed a security threat. The needless harassment of those of us with Muslim names has got to stop.

URL: https://x.com/MonaAli_NY_US

⇱ Mona Ali (@MonaAli_NY_US) / X