Thursday, September 29, 2016

2:00PM Water Cooler 9/28/2016

Today’s Water Cooler: TISA, TTIP, TPP not dead, Clinton v. Trump debate wrapup, war drums, GDP, drones, bitcoin disaster, AIDS, 7 and 9

Self-Driving Cars: Will the Dogs Eat the Dog Food?

Ethical problems inherent in programming self-driving cars could make them hard to market.

Links 9/29/16


CalPERS General Counsel Matt Jacobs Lies to Board, and Staff Abuses Authority, to Stymie Public Input

Why general counsel Matt Jacobs’ record of misrepresentations, omissions, and slipshod advice makes him a danger to CalPERS.


Is the OPEC production cut set to be finalized at the end of November the real deal?

The “Internet of Things” Will Transform Policymaking (and Democracy)

The Internet of Things will change the political economy. What will be the new communication tools, strategies and narratives for policymakers?

2:00PM Water Cooler 9/28/2016

Today’s Water Cooler: TPP, CETA, debates, Stein in Maine, Clinton in Florida, durable goods, Amazon vs. UPS and FedEx, police killings, AI

Battling Apple and the Giants

The larger implications of the fight between Apple and the European Competition Commission over Apple’s sweet Irish tax deal.

Links 9/28/16


Wells Fargo CEO Stumpf, Head of Community Bank Hit With Multi-Million in Clawbacks: Labor Department Opens

Wells Fargo’s board acts against CEO John Stumpf right before a House hearing. Is this to blunt the interrogation or to save his hide?

Wolf Richter: “Negative Growth” of Real Wages is Normal for Much of the Workforce, and Getting Worse – New York Fed

The Fed ‘s creative euphemisms for how real wages are sinking for many won’t keep threats like Trump at bay.

Why a Banking Crisis in China Seems Unavoidable

Another alarm about the danger that China’s rapid increase in private debt poses to its banks.

2:00PM Water Cooler 9/27/2016

Today’s Water Cooler: TPP, TTIP, TISA, Clinton v. Trump wrap-up, investor confidence, world trade down, Corbyn stomps Smith, public works

The Nobel Prize in Economics: How It Took a Hard Neoliberal Turn

How the so-called Nobel Prize in economics came to validate neoclassical thinking, even as it failed in Sweden.

Links 9/27/16