Monthly Archives: February 2018

February 28, 2018

• 2:00PM Water Cooler 2/28/2018
  by Lambert Strether 2:00 pm

• Priceless Moments: How Capitalism Eats Our Time
  by Yves Smith 9:55 am

• Links 2/28/18
  by Lambert Strether 6:55 am

• Why CalPERS Private Equity Outsourcing Beauty Show Is Arbitrary and Capricious
  by Yves Smith 6:45 am

• Bitcoin as Prosecution Futures: Coinbase Agrees to Turn Customer Records Over to Department of Justice for Possible Tax Evasion
  by Yves Smith 6:27 am

• All Guns, No Butter: Military Contractors as Welfare Queens
  by Yves Smith 4:12 am

February 27, 2018

• 2:00PM Water Cooler 2/27/2018
  by Lambert Strether 2:00 pm

• Time to Stand Up for Dumb
  by Yves Smith 9:55 am

• Links 2/27/18
  by Lambert Strether 6:55 am

• Corbyn’s Brexit Challenge: From the Frying Pan into the Fire?
  by Yves Smith 5:45 am

• Killing a Parasite — Canceling Student Debt, Part 1
  by Yves Smith 5:02 am

• Melting Ice Could Release Hazardous Waste from Abandoned Cold War Site
  by Yves Smith 2:57 am

February 26, 2018

• 2:00PM Water Cooler 2/26/2018
  by Lambert Strether 2:00 pm

• Trump SEC Fails to Pursue Aggressive Deregulatory Agenda (Albeit from Previous Pathetic Baseline)
  by Jerri-Lynn Scofield 9:55 am

• Links 2/26/18
  by Jerri-Lynn Scofield 6:55 am

• Dire Consequences of Ignoring Trade in Climate Change Targets: On Track to 3.5 C Temperature Increase by 2100
  by Yves Smith 6:17 am

• Dr. Strangelove in the Pentagon: Lowering the Nuclear Threshold and Other Follies of the New Nuclear Posture Review
  by Jerri-Lynn Scofield 5:55 am

• It Will Take a Political Revolution to Cure the Epidemic of Depression
  by Yves Smith 3:24 am

February 25, 2018

• Supreme Court Narrows Dodd-Frank SEC Whistleblower Protections
  by Jerri-Lynn Scofield 9:55 am

• Links 2/25/18
  by Jerri-Lynn Scofield 6:55 am

• Bill Black: Once a Poster Child for Austerity, Latvia Becomes a Hotbed of Corruption
  by Jerri-Lynn Scofield 5:55 am

February 24, 2018

• Links 2/24/18
  by Yves Smith 6:55 am

• Beat the Right Wing Framing: How to Make the Case for a Better, Fairer Economy
  by Yves Smith 4:35 am

• The Dystopian Technologies Being Used to Control Workers
  by Yves Smith 4:04 am

February 23, 2018

• 2:00PM Water Cooler 2/23/2018
  by Lambert Strether 2:00 pm

• Inside the Trump Admin’s Fight to Keep the Keystone XL Approval Process Secret
  by Yves Smith 9:55 am

• Links 2/23/18
  by Yves Smith 6:55 am

• How Much Do New York Times Reporters Use Anonymous Sources?
  by Yves Smith 6:34 am

• Tories Double Down on Brexit Fantasies as EU Again Says “Nein”
  by Yves Smith 4:54 am

• “Cash Must Not Be Made the Scapegoat”
  by Yves Smith 12:15 am

February 22, 2018

• 2:00PM Water Cooler 2/22/2018
  by Lambert Strether 2:00 pm

• “Life in the Sweatbox,” Personal Bankruptcy, and the Narrative of Utilitarian Calculus
  by Lambert Strether 12:55 pm

• Links 2/22/18
  by Yves Smith 6:55 am

• Trump’s Bogus Infrastructure Plan Takes the U.S. Further Down the Road of Rentier Capitalism
  by Lambert Strether 5:25 am

• Treasury Proposes Dubious, Untested Chapter 14 Bankruptcies for Too Big to Fail Banks
  by Yves Smith 3:25 am

• Don’t Want a Robot to Replace You? Study Tolstoy
  by Yves Smith 12:36 am

February 21, 2018

• 2:00PM Water Cooler 2/21/2018
  by Lambert Strether 2:00 pm

• New JAMA Study Shows that Electronic Health Records Do Not Reduce Administrative Costs
  by Lambert Strether 12:55 pm

• Links 2/21/18
  by Lambert Strether 6:55 am

• Exxon’s Conspiracy Charges Aim To Derail Climate Lawsuits
  by Lambert Strether 4:55 am

• Technology Change Not the Culprit in Wages Falling Behind US Productivity Gains
  by Yves Smith 3:33 am

• Law Professor Proposes Bringing Back Indentured Servitude
  by Yves Smith 12:08 am

February 20, 2018

• 2:00PM Water Cooler 2/20/2018
  by Lambert Strether 2:00 pm

• Do Russiagate Skeptics Go Too Far?
  by Yves Smith 9:55 am

• Links 2/20/18
  by Lambert Strether 6:55 am

• Davos: Alive or Dead?
  by Outis Philalithopoulos 5:00 am

• Tax Astroturf: The B-Team Lowers the Bar for Tax Transparency
  by Yves Smith 2:39 am

• Why Mental Health Is the Hidden Cost of the Housing Crisis
  by Yves Smith 12:01 am

February 19, 2018

• 2:00PM Water Cooler 2/19/2018
  by Lambert Strether 2:00 pm

• Andy Slavitt’s United States of Care: A Second “Undertaking” (and What We Can Expect From It)
  by Lambert Strether 1:55 pm

• Links 2/19/18
  by Lambert Strether 6:55 am

• Another Brexit Mess: “Grandfathering” Existing Free Trade Agreements Looks Unlikely
  by Yves Smith 5:55 am

• Growth-Equity Trade-Offs in Structural Reforms
  by Lambert Strether 5:25 am

• Wolf Richter: “Blockchain” Stocks Completely Disintegrate
  by Yves Smith 2:49 am

February 18, 2018

• Andy Slavitt’s United States of Care: A Second “Undertaking” (and It’s Bipartisan!)
  by Lambert Strether 2:05 pm

• Links 2/18/18
  by Lambert Strether 6:55 am

• How Hunter-Gatherers May Hold the Key to our Economic Future
  by Lambert Strether 4:55 am

February 17, 2018

• Links 2/17/18
  by Yves Smith 6:55 am

• The Free Market Threat to Democracy
  by Yves Smith 2:18 am

• Gaius Publius: Obama Energy Secretary Named to Board of Utility Giant
  by Yves Smith 12:37 am

February 16, 2018

• 2:00PM Water Cooler 2/16/2018
  by Lambert Strether 2:00 pm

• Polar Ice Is Lost at Sea
  by Yves Smith 9:55 am

• Links 2/16/18
  by Lambert Strether 6:55 am

• Can Uber Ever Deliver? Part Thirteen: Even After 4Q Cost Cuts, Uber Lost $4.5 Billion in 2017
  by Yves Smith 6:30 am

• News Watch: A Reading on Collective Angst
  by Yves Smith 6:06 am

February 15, 2018

• 2:00PM Water Cooler 2/15/2018
  by Lambert Strether 2:00 pm

• How Falling Down Can Lead to Waking Up: Learning from Loss and Pain
  by Yves Smith 9:55 am

• Links 2/15/18
  by Yves Smith 6:55 am

• Wells Fargo Screws Customers Yet Again, Now Failing to Make Right on Abuses; Elizabeth Warren Demands Answers
  by Yves Smith 6:50 am

• Monopoly Now Wants You to Cheat—Just Like Real Capitalists
  by Yves Smith 6:45 am

• A Transatlantic, Transpacific or Eurasian Global Economy?
  by Yves Smith 6:26 am

February 14, 2018

• 2:00PM Water Cooler 2/14/2018
  by Lambert Strether 2:00 pm

• Wolf Richter: Big Reset Looms for Corporate Credit Market
  by Yves Smith 9:55 am

• Links 2/14/18
  by Yves Smith 6:55 am

• Financial Markets Have Taken Over the Economy. To Prevent Another Crisis, They Must Be Brought to Heel.
  by Yves Smith 6:50 am

• Private Equity Firms Turn Up Noses at Trump’s Infrastructure Headfake
  by Yves Smith 4:54 am

• Government Shutdown Once Again Shows the Lies Behind Deficit Hysteria
  by Yves Smith 3:06 am

February 13, 2018

• 2:00PM Water Cooler 2/13/2018
  by Lambert Strether 2:00 pm

• Trump Team to Rescind Methane Rule
  by Jerri-Lynn Scofield 9:55 am

• Links 2/13/18
  by Yves Smith 6:55 am

• An Aetna “Fake Accounts” Level Scandal? Medical Director Admits He Never Reviewed Medical Records Before Denying Care
  by Yves Smith 6:30 am

• After Carillion, Can Capitalism Clean Up Its Act? Or Will Marx Have the Final Word?
  by Yves Smith 6:28 am

• Cryptocurrencies Don’t Make Sense
  by Yves Smith 6:02 am

February 12, 2018

• 2:00PM Water Cooler 2/12/2018
  by Lambert Strether 2:00 pm

• Don Quijones: Bridgewater Bets Big Against Largest Banks in Spain & Italy
  by Jerri-Lynn Scofield 9:55 am

• Links 2/12/18
  by Jerri-Lynn Scofield 6:55 am

• Why CalPERS’ Private Equity Outsourcing Scheme Is Likely to Hurt Returns
  by Yves Smith 4:18 am

• CalPERS Let New Fox in the Private Equity Henhouse: Silicon Valley Fixer Wilson Sonsini
  by Yves Smith 12:48 am

• Gaius Publius: More on the Cape Town, South Africa, Water Crisis
  by Yves Smith 12:47 am

February 11, 2018

• Shareholder Proposals Target Climate Change Risk
  by Jerri-Lynn Scofield 9:55 am

• Links 2/11/18
  by Jerri-Lynn Scofield 6:55 am

• The Age of Lunacy: The Doomsday Machine
  by Jerri-Lynn Scofield 4:55 am

February 10, 2018

• Links 2/10/18
  by Yves Smith 6:55 am

• Wizards and Prophets Face Off to Save the Planet
  by Yves Smith 4:26 am

• Six Things Urban Feminists (Make That Anyone) Should Never Say to Rural People
  by Yves Smith 3:09 am

February 9, 2018

• 2:00PM Water Cooler 2/9/2018
  by Lambert Strether 2:00 pm

• The Chinese Banking System: Much More Than a Domestic Giant
  by Yves Smith 9:55 am

• Links 2/9/18
  by Yves Smith 6:55 am

• US Stock Markets Enter Correction Territory as Dow Falls More Than 1000 Points
  by Yves Smith 5:22 am

• CalPERS Manages to Get Pretty Much Everything Wrong in Its Latest Asset Reallocation
  by Yves Smith 4:47 am

• UK Asks the Rest of the World to Be Super Duper Nice and Act as Its Old Deals Are Still Valid Post Brexit
  by Yves Smith 12:25 am

February 8, 2018

• 2:00PM Water Cooler 2/8/2018
  by Lambert Strether 2:00 pm

• Protests in Tunisia Over IMF-Promoted Policies….for Good Reason
  by Yves Smith 9:55 am

• Links 2/8/18
  by Yves Smith 6:59 am

• The Payback: Why Aren’t Black Voters Rewarded by the Party That Depends on Them to Win Elections?
  by Yves Smith 5:38 am

• PayPal Demonstrates What Happens to Former Tech Unicorns Which Get Lame
  by Clive 3:51 am

• Why Australia’s Skilled Migration System Is Failing – Will the UK and US Take Note?
  by Yves Smith 3:28 am

February 7, 2018

• 2:00PM Water Cooler 2/7/2018
  by Lambert Strether 2:00 pm

• Why Is the American Left So Prejudiced About the South?
  by Yves Smith 9:55 am

• Links 2/7/18
  by Yves Smith 6:55 am

• Will Upcoming Brexit Negotiation Round Finally Cause Hard Core Brexiter Heads To Explode?
  by Yves Smith 5:34 am

• Bailed-Out RBS Systemically Forged Customer Signatures: Whistle-Blowers
  by Yves Smith 5:03 am

• New Study Finds Cancelling Student Debt Provides Broad Economic Benefits at Low Cost
  by Yves Smith 4:00 am

February 6, 2018

• 2:00PM Water Cooler 2/6/2018
  by Lambert Strether 2:00 pm

• There’s a Much Smarter Way for Cities to Plan Their Futures
  by Yves Smith 9:56 am

• Economies of States Versus Economies of Cities
  by Yves Smith 9:55 am

• Links 2/6/18
  by Lambert Strether 6:55 am

• The Revenge of the Places That Don’t Matter
  by Yves Smith 6:05 am

• What Bernie’s Historic 2016 Teaches for 2020
  by Yves Smith 5:51 am

• Mr. Market Has a Meltdown
  by Yves Smith 5:38 am

February 5, 2018

• Buffett, Bezos, and Dimon Launch “An Undertaking of Great Advantage” to “Innovate” in Health Care
  by Lambert Strether 4:35 pm

• 2:00PM Water Cooler 2/5/2018
  by Lambert Strether 2:00 pm

• Links 2/5/18
  by Lambert Strether 6:55 am

• Weight Gains from Trade in Foods: Evidence from Mexico
  by Lambert Strether 5:25 am

• Banks Wince as Wells Fargo Gets a Harder Than Usual Wet Noodle Lashing from the Fed
  by Yves Smith 5:16 am

• The EU as Britain’s Constitutional Stabiliser?
  by Yves Smith 4:10 am

February 4, 2018

• Seed Catalogs of Desire
  by Lambert Strether 1:55 pm

• Links 2/4/18
  by Lambert Strether 6:55 am

• Crash of Outsourcing Giant Capita with 70,000 Employees Globally Sparks New Panic
  by Lambert Strether 5:25 am

February 3, 2018

• Links 2/3/18
  by Yves Smith 6:55 am

• If You Want to Expand Our Welfare System, Call It ‘Assistance to the Poor’
  by Yves Smith 6:09 am

• CalPERS Chief Investment Office Ted Eliopoulos Now Touting Venture Capital Even Though It Can’t Improve Returns
  by Yves Smith 1:30 am

February 2, 2018

• 2:00PM Water Cooler 2/2/2018
  by Lambert Strether 2:00 pm

• Nomi Prins: Trump’s Financial Arsonists
  by Yves Smith 9:55 am

• Links 2/2/18
  by Lambert Strether 6:55 am

• Whole Foods Becomes Amazon Hell Foods as Employees, Managers Quit, Cry on the Job….and These People Want to Run Your Healthcare?
  by Yves Smith 5:54 am

• Gaius Publius: Do Mainstream Democrats Really Want to Eliminate Carbon Emissions and Fossil Fuel Use?
  by Yves Smith 2:22 am

• How Did Trump Win? Follow the Dark Money
  by Yves Smith 12:48 am

February 1, 2018

• 2:00PM Water Cooler 2/1/2018
  by Lambert Strether 2:00 pm

• Trump’s China Policies Are Working a Treat
  by Yves Smith 9:55 am

• Links 2/1/18
  by Yves Smith 6:55 am

• Patient Dumping: A “New” Cost Savings Strategy for Hospitals
  by Yves Smith 6:07 am

• UK Consternation Over EU Not Accommodating City of London in Brexit…Just As It Said It Would Not Do
  by Yves Smith 6:01 am

• The International Economic Consequences of Mr. Trump
  by Yves Smith 12:09 am