Fearless commentary on finance, economics, politics and power

SEC joins Equifax in reporting its own cybersecurity breach. Failure to safeguard information is not a problem unique to the private sector.

Some California Republican legislators are breaking ranks and beginning to embrace modest pro-regulatory positions on climate change.

Several government agencies and at least 34 state attorneys general have opened probes into the Equifax data-breach scandal–‘the gift that keeps on giving,’ says Bill Black.

Today’s Water Cooler: Midwest trade, #MedicareforAll, centrists, chemical activity, Amazon, Toys R Us, influencers, global wages, Pokemon

Why tackling extreme concentration of wealth would be good for everyone….except those who would inherit from dynasties.

A case study of how basic, critically important Brexit issues like customs are being ignored by the Government, to the peril of the public.

Why are so many risking their lives to flee Africa?

The most accurate story of why Clinton lost in 2016 is the simplest and most obvious: many people really really didn’t like her.

Looking forward to seeing Kansas City readers and perhaps some attendees from the MMT conference at our meetup this Friday!

Trip report from NC Bangor meetup, and open thread.

Some key facts that have been omitted from the debate over Obamacare and healthcare generally, apparently by design.

More and more bank CEOs tout robotics as the answer for the industry’s precarious cost position. But will it promise more than it delivers?