Tuesday, August 30, 2016

Expansionary Fiscal Consolidation Myth

Why fiscal consolidation, which is neoliberal economists’ pet idea that austerity increases growth, is all wet.

Links 8/18/16

Narwhals in Sea Ice links

What Do US Wages Tell Us About the Business Cycle?

Does the US business cycle have longer to run?

Hedge Funds Get More Pushback on Terms as Enthusiasm for Strategy Wanes

Investors are trimming hedge funds’ sails….finally.

How WalMart Makes You Pay for Its (Lack of) Policing

Yet another WalMart scam….

2:00PM Water Cooler 8/17/2016

Today’s Water Cooler:

ObamaCare Death Spiral Accelerates as Aetna Pulls out of the Exchanges

Aetna’s withdrawal from the ObamaCare exchanges intensifies the health care policy debate, including the “public option” and single payer

The Elite “Let Them Eat Education” Fallacy

Debunking the idea that better education is an adequate remedy for inequality and high unemployment.

Links 8/17/16

louisiana_300

Will Elizabeth Warren Stymie Clinton’s Pro-Big Finance Campaign Promises?

A Financial Times reporter who is clearly no Elizabeth Warren fan says that the Massachusetts senator will be able to thwart Hillary Clinton’s Wall Street backers who expect to regulatory breaks if she becomes President. As John Dizard wrote over the weekend: Cynics, including most of the US public, figure that Wall Street will have […]

Banks Pushing Back Against Negative Interest Rates With Threat to Store Cash

Banks are looking into holding more cash as central banks threaten to drive interest rates even further into negative terrain.

Wolf Richter: The “Housing Crisis” in San Francisco Strangles Demand

San Francisco housing bubble buckles under its own lopsidedness.

2:00PM Water Cooler 8/16/2016

Today’s Water Cooler: TPP and Clinton, Manafort and Ukraine, election fraud, infrastructure, Silk Road, ObamaCare death spiral, altruism

What Can We Do to End the Isolation of Whistleblowers?

It would be sad if the answer turned out to be “nothing”!

Milwaukee Riots Round-up of “Systemic Causes”

Milwaukee riots and disinvestment, segregated housing, and law enforcement for profit