This year I “discovered” podcasts….
Sunday, December 18, 2016
CNN Host’s Attempt to Explain the U.S. Economy Was So Bad I Started Yelling at the TV
Offshoring is about the rush to cheap labor, not about automation and new technology.
Uber, Gig Economy: “The Brutality of the System Is Being Lost on Those Who Actually Use These Apps”
The Financial Times’ Izabella Kaminska argues that the gig economy is a new form of feudalism.
The Econocracy: An Interview with Cahal Mora
The new book Econocracy describes how economics training discourages critical thinking, overreaches, overpromises, and underdelivers.
2:00PM Water Cooler 12/16/2016
Today’s Water Cooler: Bilateral trade deals, Obama presser, Donna Brazile, electoral college, CPI, retail calendar, containers, cats
Investment in Early Childhood Education Yields Substantial Gains for the Economy
Yes, Virginia, more education for the lower orders really does pay off.
British Press in a Tizzy that the EU Will Be Mean to the City of London in Brexit
The whinging from entitled Brits over the fact that the EU is playing Brexit hardball is getting annoying.
The Story That Russia Does Not Want You to See: The Rosneft Share “Sale” as a Sham Transaction
The widely-reported sale of a 19.5% stake in Rosneft to Glencore and Qatar looks like a sham transaction.
Trump’s Carbon-Obsessed Energy Policy and the Coming Climate Nightmare
Trump plans to take the Palin “Drill, baby, drill” strategy to a new level.
NBC’s Denver Affiliate 9News Apologizes on Air to Naked Capitalism
9News acted like true pros and issued a big apology to Naked Capitalism.
2:00PM Water Cooler 12/15/2016
Today’s Water Cooler: Son of ISDS, Tillerson, new CIA leak on Trump, more 2016 post mortems, copper, zinc, post-truth, reification, watches
So Who Gets to Pay for Italy’s Banking Crisis?
The pretense that even Monte dei Paschi can be bailed out privately is being abandoned. So how will Italy’s sick banks be salvaged?
