Category Archives: Guest Post

Frances Coppola: The Great Yield Divergence

Puzzling over the Great Divergence of real and nominal yields. Ever since the Great Depression, nominal yields have been persistently above real yields Yet in the previous 200 years, despite periods of fiat currency and high inflation, real and nominal yields didn’t diverge. Why do they now?


A Physician Substantially Tied to the Pharmaceutical Industry Nominated to Run the FDA

Yves here. As Roy Poses stresses, the media has underreported on the conflicts of interest at work in this FDA nomination. Be sure to read the very long list of Big Pharma names that have supported Dr. Richard Cardiff’s research and provided grants and speaking fees.


Gaius Publius: Will Senator Whitehouse Renew His Call for RICO Prosecution of Climate-Denying Companies like Exxon?

Did climate change denialists like Exxon coordinate their activities, as Big Tobacco did to foster doubt about smoking’s role in lung cancer? If so, what would it take for RICO prosecutions to occur?