Sunday, August 28, 2016
Posted by Lambert Strether at 6:55 am |
CalPERS’ tainted fiduciary counsel, Robert Klausner, is leaving. But CalPERS’ handling of his departures says it hasn’t learned its lesson.
One-dimensional indicators such as GNI per capita are known to be flawed measures of well-being. The Human Development Index (HDI) introduced dimensions of health and education alongside income. This column argues that an HDI adjusted for inequality and hours worked gives deeper insight into a country’s economic standing. Using this composite measure, the US falls from first to seventh among G8 countries.
The hawks who are throwing bricks at Trump forgot that they are living in glass houses.
Should the Big Four be broken up? And how about the Duke of Westminster’s $9 billion tax-free inheritance?
Remarkably, an increasing number of economists believe the Eurozone has addressed its weaknesses. Shades of the Great Moderation, circa 2006.
Posted by Yves Smith at 6:55 am |
Why does lavish health spending in the US produce so little in the way of results?
Clinton’s hard move to the right is causing some consternation among bona fide progressives. But what will they do about it?
Today’s Water Cooler: TPP copyright, Clinton’s health, Trump shakeup, campaign body language, jobs, Uber, Corbyn vids, wealth, Hitler video
Picking apart the conflation of real capital with finance capital and explaining how that confusion undermines sound analysis of the crisis.
Posted by Yves Smith at 6:59 am |
SEC Shamed: Whistleblower Refuses Multimillion Dollar Award Due to Ex-Deutsche Bank Attorneys at SEC Protecting Deutsche Execs (and Themselves)
Deutsche Bank whistleblower Eric Ben-Artzi makes a huge financial sacrifice to call out corruption in SEC enforcement.
Brexit Delusion Rises Even Further: City Pumping for Presumptuous, Nightmarish-to-Negotiate “Swiss Plus” Plan
The Brexit fantasies get even bigger as the City pumps for a na ga happen “Swiss plus” plan.