Monthly Archives: December 2015

December 31, 2015

• Links 12/31/15
  by Yves Smith 6:55 am

• Wolf Richter: Google Sarcasm, or How I (and the Entire Industry) Make a Living
  by Yves Smith 5:16 am

• 5 of the Worst Examples of Biased and Distorted Media Coverage of Education in 2015
  by Yves Smith 4:49 am

December 30, 2015

• Links 12/30/15
  by Yves Smith 6:55 am

• Economics Joke Time
  by Yves Smith 5:02 am

• Matthew Cunningham-Cook: Five Reasons Tariffs Are Great
  by Yves Smith 4:48 am

December 29, 2015

• Links 12/29/15
  by Yves Smith 6:55 am

• Ilargi: 2016 Is An Easy Year To Predict
  by Yves Smith 2:03 am

• Gaius Publius: It Wasn’t Just Exxon — They All Knew
  by Yves Smith 12:16 am

December 28, 2015

• Links 12/28/15
  by Lambert Strether 6:55 am

• Clinton, Sanders, and the “Progressive Give-Up” Formula (with Clinton’s Warning of a “Grand Bargain” to Come)
  by Lambert Strether 6:45 am

• What Really Caused the Implosion of the Occupy Movement—An Insider’s View
  by Lambert Strether 4:55 am

December 27, 2015

• Links 12/27/15
  by Lambert Strether 6:55 am

• Work, Play, and Social Artifacts Under the Tree
  by Lambert Strether 6:50 am

• Medieval Champagne Fairs: Lessons for Development
  by Lambert Strether 4:53 am

December 26, 2015

• “Summer” Rerun: “Why America Will Need Some Elements of a Welfare State”
  by Yves Smith 4:15 pm

• 10 Foods That May Disappear Thanks to Climate Change
  by Yves Smith 2:25 pm

• Links 12/26/15
  by Lambert Strether 6:55 am

December 25, 2015

• Links Christmas Day
  by Lambert Strether 6:55 am

• Debunking the Magnitude of Markets: A Holiday Story
  by Yves Smith 3:58 am

• The Sneaky Way Austerity Got Sold to the Public Like Snake Oil
  by Yves Smith 12:22 am

December 24, 2015

• 2:00PM Water Cooler 12/24/2015
  by Lambert Strether 2:00 pm

• Links Christmas Eve
  by Lambert Strether 6:55 am

• Randy Wray: Debt-Free Money and Banana Republics, Part II
  by Yves Smith 6:35 am

• The Twelve Days of CalPERS
  by Yves Smith 1:28 am

December 23, 2015

• 2:00PM Water Cooler 12/23/2015
  by Lambert Strether 2:00 pm

• Bill Moyers: The Plutocrats Are Winning. Don’t Let Them!
  by Yves Smith 9:55 am

• Links 12/23/15
  by Yves Smith 6:55 am

• Capitalism – Not China – Is to Blame for the Current Global Economic Decline
  by Yves Smith 6:50 am

• What Influence Does Wall Street Have Over Candidates Clinton and Sanders?
  by Yves Smith 4:10 am

• Holiday Schedule
  by Yves Smith 3:37 am

December 22, 2015

• CalPERS: Stockholm Syndrome and Cowardice on Private Equity Fee Disclosure
  by Yves Smith 2:54 pm

• 2:00PM Water Cooler 12/22/2015
  by Lambert Strether 2:00 pm

• U.S. Corporations Don’t Need Tax Breaks on Foreign Profits
  by Yves Smith 9:55 am

• Links 12/22/15
  by Lambert Strether 6:55 am

• America’s Double Standard on Trade
  by Yves Smith 3:23 am

• Wolf Richter: IPO Window Suddenly Closes, “Worst Year Since 2009,” Worst December Since 2008
  by Yves Smith 2:42 am

December 21, 2015

• 2:00PM Water Cooler 12/21/2015
  by Lambert Strether 2:00 pm

• How Prefunding Retiree Health Benefits Impacts the Postal Service’s Bottom Line – and How Brookings Got it Wrong
  by Yves Smith 9:55 am

• Links 12/21/15
  by Yves Smith 6:55 am

• The Scientific Limits of Understanding Complex Social Phenomena
  by Yves Smith 3:50 am

• Oxford City Football Club and its Onanistic Owner, Thomas Guerriero
  by Richard Smith 3:00 am

• The Logic of the Police State in America
  by Yves Smith 2:27 am

December 20, 2015

• Links 12/20/15
  by Yves Smith 6:55 am

• Randy Wray: Debt-Free Money and Banana Republics
  by Lambert Strether 4:55 am

• Volatility and Reforms: The Overlooked Virtues of Economic Uncertainty
  by Lambert Strether 2:55 am

December 19, 2015

• Links 12/19/15
  by Yves Smith 6:55 am

• The Predictability of Political Extremism
  by Lambert Strether 4:55 am

• Will China Be the Enforcer of the Paris Climate Agreement?
  by Yves Smith 1:33 am

December 18, 2015

• 2:00PM Water Cooler 12/18/2015
  by Lambert Strether 2:00 pm

• No Accounting for Accounting: A Review of Michael Perelman’s “Railroading Economics”
  by Lambert Strether 9:55 am

• Links 12/18/15
  by Lambert Strether 6:55 am

• Michael Hudson: The IMF Changes its Rules to Isolate China and Russia
  by Yves Smith 6:50 am

• We are Nine Years Old
  by Yves Smith 4:23 am

• Report: Eagle Ford Shale Has Peaked, Lifting of Oil Export Ban Could Drain Field More Quickly
  by Lambert Strether 2:25 am

December 17, 2015

• 2:00PM Water Cooler 12/17/2015
  by Lambert Strether 2:00 pm

• White America’s Toxic Ignorance: Abigail Fisher, Antonin Scalia and the Real Privilege That Goes Unspoken
  by Yves Smith 9:55 am

• Links 12/17/15
  by Lambert Strether 6:55 am

• The Fed’s New “Operation Twist”: Twisted Logic for Bank Profits at the Expense of the Real Economy
  by Yves Smith 6:50 am

• How Managerialsm/ Generic Management Damaged the American Red Cross
  by Yves Smith 2:22 am

• How Much Oil Is Needed To Power Santa’s Sleigh?
  by Yves Smith 12:10 am

December 16, 2015

• 2:00PM Water Cooler 12/16/2015
  by Lambert Strether 2:00 pm

• Why We Brits Should Vote for Brexit
  by Yves Smith 9:55 am

• Links 12/16/15
  by Yves Smith 6:55 am

• Latinos Live Longest Despite Poverty. Here’s Their Secret
  by Yves Smith 5:57 am

• Bill Black: A “Jihadist” Against the Banks?
  by Yves Smith 5:25 am

• John Helmer: Australian Police, Dutch Prosecutors Break with Dutch Safety Board at First Coroner’s Court Inquest on MH17 Crash
  by Yves Smith 3:34 am

December 15, 2015

• 2:00PM Water Cooler 12/15/2015
  by Lambert Strether 2:00 pm

• Pensions & Investment Editorial Savages Trustees for Failing to Perform Fiduciary Duty Over Private Equity Fees
  by Yves Smith 9:55 am

• Links 12/15/15
  by Yves Smith 6:55 am

• Koch-Sponsored Sentencing “Reform”: A Fake Break for Minorities, A Get-Out-of-Jail Free Card for White Collar Crooks
  by Yves Smith 2:45 am

• Ilargi: Marine Le Pen Will Reap What The EU Has Sown
  by Yves Smith 2:25 am

• We Won a Fight Against CalPERS Over Its Plan to Ignore Private Equity Risk
  by Yves Smith 2:15 am

December 14, 2015

• The Continuing Fight Over Fannie and Freddie, and the Real Problem of US Mortgages
  by Yves Smith 9:55 am

• Partial Tally of Hidden Private Equity Fees: 6% of Equity Invested
  by Yves Smith 6:50 am

• Links 12/14/15
  by David Dayen 4:00 am

• Labor Advisory Committee Report on TPP Synthesizes Everything Wrong About the Trade Deal
  by David Dayen 3:20 am

• Matias Vernego: Neoliberalism Resurgent: What to Expect in Argentina after Macri’s Victory
  by David Dayen 2:15 am

December 13, 2015

• Links 12/13/15
  by Yves Smith 6:55 am

• Debunking “The Big Short”: How Michael Lewis Turned the Real Villains of the Crisis into Heroes
  by Yves Smith 6:50 am

• Ilargi: CON21
  by Yves Smith 4:22 am

December 12, 2015

• Links 12/12/15
  by David Dayen 3:45 am

• David Dayen: Is This The Beginning of the Crackup in High-Yield Corporate Debt?
  by David Dayen 2:45 am

• John Helmer: Russia Fires Moon Shot Over the Bosphorus – Turks Threaten War
  by David Dayen 2:00 am

December 11, 2015

• 2:00PM Water Cooler 12/11/2015
  by Lambert Strether 2:00 pm

• How Economics and Race Drive America’s Great Divide
  by Yves Smith 9:55 am

• Links 12/11/15
  by Yves Smith 6:55 am

• Our Bloomberg Op-Ed on CalPERS’ Plan to Get Rid of Private Equity Risk by Ignoring It
  by Yves Smith 6:52 am

• How Far Can The Syria Conflict Spiral Out Of Control?
  by Yves Smith 6:50 am

• US Life Expectancy Flat for Third Year
  by Yves Smith 6:44 am

December 10, 2015

• 2:00PM Water Cooler 12/10/2015
  by Lambert Strether 2:00 pm

• Matthew Cunningham-Cook: How the Christie Stole New Jersey Local Government Workers’ COLA
  by Yves Smith 9:55 am

• Links 12/10/15
  by Yves Smith 6:59 am

• Demise of the US Middle Class Now Official
  by Yves Smith 6:58 am

• San Diego Union-Tribune Editorial Attacks CalPERS Over Half-Baked Plan to Lower Return Targets
  by Yves Smith 6:49 am

• Gauis Publius: Making the US a Petro-State – White House Keeps Alive GOP Hopes for Lifting the Oil Export Ban
  by Yves Smith 5:20 am

• Timothy Geithner Corrupting Youth, Um, Telling His Version of the Crisis
  by Yves Smith 12:33 am

December 9, 2015

• 2:00PM Water Cooler 12/9/2015
  by Lambert Strether 2:00 pm

• The Puzzle of Technical Dis-Employment and Productivity Slowdown
  by Yves Smith 9:55 am

• Links 12/9/15
  by Yves Smith 6:55 am

• Michael Hudson: The IMF Changes Its Rules….for Ukraine
  by Yves Smith 6:40 am

• Is France Building an Apartheid State?
  by Yves Smith 3:15 am

• How CalPERS Fails to Use Its Leverage in Private Equity
  by Yves Smith 1:38 am

December 8, 2015

• 2:00PM Water Cooler 12/8/2015
  by Lambert Strether 2:00 pm

• How CalPERS Violated California Open Meeting Laws to Stifle Private Equity Skeptics and Keep the Board in the Dark
  by Yves Smith 10:23 am

• Links 12/8/15
  by Yves Smith 6:55 am

• The Internet of Things – Supplied or Demanded?
  by Yves Smith 6:54 am

• The Importance of Wealth Concentration and Why It is So Difficult to Measure
  by Yves Smith 6:25 am

• Guess What? You Can Pay $600 a Month to be Homeless in San Francisco
  by Yves Smith 6:08 am

• Stream and Podcast for Our Chat with Harry Shearer on Le Show are Up!
  by Yves Smith 2:07 am

December 7, 2015

• 2:00PM Water Cooler 12/7/2015
  by Lambert Strether 2:00 pm

• Wolf Richter: US Exports & Manufacturing Debacle Covered up by Oil
  by Yves Smith 9:55 am

• Links 12/7/15, Pearl Harbor Day
  by Yves Smith 6:55 am

• Former California Official Blasts CalPERS CEO Anne Stausboll for “Betrayal of Trust”
  by Yves Smith 6:21 am

• Even Bank Supporters Arguing for Restoration of Glass Steagall
  by Yves Smith 6:21 am

• Bond, Treasury Bond: 007 is Out of Cash, but Your Government Can’t Be
  by Yves Smith 12:12 am

December 6, 2015

• Links 12/6/15
  by Yves Smith 6:55 am

• Connecting American Foreign Policy to Economic Policy
  by Yves Smith 6:33 am

• Ilargi: Greece is a Nation Under Occupation
  by Yves Smith 12:29 am

• Be Sure to Catch Us on Harry Shearer’s Le Show Today!
  by Yves Smith 12:01 am

December 5, 2015

• Links 12/5/15
  by Yves Smith 6:55 am

• Gauis Publius: Bernie Sanders, Hillary Clinton & America’s Endless War
  by Yves Smith 1:56 am

• Medical Educators Launch Trials of Increased Sleep Deprivation of Physician Trainees Apparently in Violation of the Nuremberg Code
  by Yves Smith 1:05 am

December 4, 2015

• 2:00PM Water Cooler 12/5/2015
  by Lambert Strether 2:00 pm

• Global Tax Dodging Just One Part of Pfizer’s Corrupt Business Model
  by Yves Smith 9:55 am

• Links 12/4/15
  by Yves Smith 6:55 am

• Present Day Benefits of Climate Policy
  by Yves Smith 5:43 am

• Why Paul Krugman Blew It on His ‘Solution’ for Gentrification
  by Yves Smith 4:38 am

December 3, 2015

• More on How CalPERS Lies to Itself and Others to Justify Investing in Private Equity
  by Yves Smith 11:48 pm

• 2:00PM Water Cooler 12/3/2015
  by Lambert Strether 2:00 pm

• German Financialization and the Eurozone Crisis
  by Yves Smith 9:55 am

• Links 12/3/15 + CalPERS Debunks Private Equity Note
  by Yves Smith 6:55 am

• Wolf Richter: “Distress” in US Corporate Debt Spikes to 2009 Level
  by Yves Smith 6:50 am

• Gaius Publius: How to Think About the Paris Climate Talks
  by Yves Smith 2:09 am

• Why Is The U.S. Reluctant To Bomb ISIS Oil Fields?
  by Yves Smith 12:04 am

December 2, 2015

• We Discuss Private Equity, CalPERS, and its Tainted Counsel on Harry Shearer’s Le Show This Sunday
  by Yves Smith 8:36 pm

• 2:00PM Water Cooler 12/2/2015
  by Lambert Strether 2:00 pm

• New Studies: Do ‘Competitive’ Corporate Tax Cuts Boost Growth?
  by Yves Smith 9:55 am

• Links 12/2/15
  by Lambert Strether 6:55 am

• How CalPERS Lies to Itself and Others to Justify Investing in Private Equity
  by Yves Smith 6:50 am

• Banks to Have Fed Dividends Clipped to Pay to Fill Potholes; JPMorgan, Bank of America the Biggest Losers
  by Yves Smith 5:04 am

• America to Working Class Whites: Drop Dead!
  by Yves Smith 12:22 am

December 1, 2015

• 2:00PM Water Cooler 12/1/2015
  by Lambert Strether 2:00 pm

• “Failed: What the ‘Experts’ Got Wrong about the Global Economy”
  by Yves Smith 11:18 am

• Links 12/1/15
  by Yves Smith 6:59 am

• CalPERS Used Sleight of Hand, Accounting Tricks, to Make False “There is No Alternative” Claim for Private Equity
  by Yves Smith 12:31 am

• CalPERS Board, Scandal-Ridden Fiduciary Counsel, Plan to Break California Law in Effort to Silence Board Member for Asking Too Many Questions, Seeking Records
  by Yves Smith 12:31 am

• Tom Ferguson: Who is Supporting Trump?
  by Yves Smith 12:03 am