Friends, the third issue of Chimera's Bane, "An Entrenched Doctrine", is up now, with my comments on the way central bankers have rallied around Powell and come to the defense of the doctrine of central bank independence.
daniyalkhan.net/2026/01/21/i...
The answer to the question of how you can make a profit from artificial intelligence turns out to be the same as how you make a profit from an empty building by the highway: you slap an ad on it.
Closing the year with the second issue of Chimera's Bane now published. Happy new year everyone!
daniyalkhan.net/2025/12/31/c...
Chimera's Bane issue 2 is going to be out tomorrow to close out 2025, with my thoughts on the monetary policy decision from the SBP earlier this month and the excitement about Binance at the Virtual Assets Regulatory Authority.
Chimera's Bane issue 2 will be out in a few days in the form of a short brief on some developments in the monetary world.
In fact the threat of separation should be withdrawn altogether. An extension of the deadline is not nearly good enough, and legitimizes the position taken by the management.
I hope I can rally more readers and friends under this banner. If you read my work, please do share your feedback and comments. It will help me improve which is something I always want to do. And watch this space for another issue later this month. To new beginnings.
It is free for now, but I am working on monetizing it. I do want to thank the many people who read my work, comment on it and encourage it, especially my teacher Khalid Mir and my good friend Hamza Hashim who do so unfailingly. Here's the link to the first issue:
daniyalkhan.net/2025/12/17/c...
Dear friends,
As part of my effort to move on from the academy, I am presenting my writing under the banner "Chimera's Bane". The first issue ("The Great Underwhelming", link below) is published. You can read it online or download the PDF. You can also subscribe if you like. ...
Wrote something about the AI craziness. Another post coming soon.
daniyalkhan.net/2025/11/06/t...
Been a while since I posted here. Made the big decision to leave academia:
daniyalkhan.net/2025/09/16/w...
If there is one thing sustaining me and keeping me from succumbing to total despair and hopelessness, it is the encouragement and perspective offered by my much older, wiser teachers. A true blessing.
Syllabi for four of my courses (all undergraduate) are now available on my website:
- Money and Central Banking
- The Life and Work of John M. Keynes
- Studying Capitalism
- Intermediate Macroeconomics
Thank for the generous shout out! And honored to have my book next to Eric's one ☺️
Inspirational!
Finally, a post for the MHRC with my colleagues Eeman Qureshi and Rimsha Arif, on the ambiguous prospects of a Pakistani central bank digital currency:
mhrc.lums.edu.pk/ambiguous-pr...
And my first post for the MPI on why central banking needs a capitalist manifesto:
medium.com/@monetarypol...
Another post for the MPI on the problems of “man-made political culture and institutional architecture of policy in Pakistan”:
medium.com/@monetarypol...
My most recent post for the Monetary Policy Institute on monetary austerity in Pakistan:
medium.com/@monetarypol...
A book review of Leon Wansleben's 2023 book "The Rise of Central Banks":
journals.sagepub.com/doi/10.1177/...
A book review of @manuelamoschella.bsky.social and Monnet's 2024 books on central banks:
www.tandfonline.com/doi/full/10....
A thread 🧵 of my work on money and central banking #hetecon
First, a presentation from Dec '24 of an updated version of my working paper on a Post Keynesian reframing of the Pakistani monetary system. (WP link in next post.) My presentation begins at the 1:01:45 timestamp:
youtu.be/fytHM7kJiFo?...
Four excellent recent reads
You know that Joan Didion quote about writing “to find out what you think”?
Turns out that conversely, if you outsource writing, you actually become more ignorant.
Amazing, Nathan! Best wishes! I wish I was in NYC to drop by. Will keep in mind whenever I'm in the city again.
Lindsay Waters, Enemies of Promise, pgs 56, 62.
One of the best books I've read recently. Must read for all young scholars and anyone thinking of becoming an academic.
Questions for myself after watching Sanctuary on Netflix:
(How) Is my economics different?
Is my economics beautiful?
کیا میری معاشیات مختلف ہے؟
کیا میری معاشیات خوبصورت ہے؟
To anyone who was paying attention, it was obvious when ChatGPT was first released that it was an artificial bullshit generator. Nothing that has come out since has required any adjustments to this view. (Except, I guess, to recognize that plausible-sounding bullshit is sometimes what people want.)
