Monthly Archives: October 2018

October 31, 2018

• 2:00PM Water Cooler 10/31/2018
  by Lambert Strether 2:00 pm

• Yanis Varoufakis: How the Italian Budget Fight Helps Brussels and Salvini, Hurts Europeans and the Eurozone
  by Yves Smith 9:55 am

• Links 10/31/18
  by Lambert Strether 6:55 am

• “Fatally Flawed” Paper on HAMP Mortgage Program Gets Program Design Backwards, Botches Regression Analysis, Yielding Propagandistic Findings
  by Yves Smith 5:11 am

• Brexit Stress Rises: Pound Weakens on S&P Crashout Warning, Norway Nixes “Norway,” Migrant Status at Risk
  by Yves Smith 4:22 am

• Estimating the Impact of Climate Change Costs on Growth: Is Degrowth Already Here?
  by Yves Smith 12:07 am

October 30, 2018

• 2:00PM Water Cooler 10/30/2018
  by Lambert Strether 2:00 pm

• CalPERS Stakeholder Groups Refuse to Run CEO Marcie Frost’s Misrepresentations About Its Reckless, Unjustified Private Equity Scheme
  by Yves Smith 12:00 pm

• Links 10/30/18
  by Lambert Strether 6:55 am

• Michael Hudson: Rescuing the Banks Instead of the Economy
  by Yves Smith 5:09 am

• Marshall Auerback: So Far, the Big Trade War Loser Is China, Not the U.S.
  by Yves Smith 3:31 am

• Gaius Publius: Pathology, Khashoggi, Capitalism & Climate Change
  by Yves Smith 1:00 am

October 29, 2018

• 2:00PM Water Cooler 10/29/2018
  by Lambert Strether 2:00 pm

• Worksheet for the 2018 Midterms (Composition of Democratic Party Electeds, the DCCC, and the DCCC vs. Our Revolution)
  by Lambert Strether 1:55 pm

• Links 10/29/18
  by Lambert Strether 6:55 am

• Michael Olenick: The Real Story of “MAGA Bomber” Cesar Sayoc’s Foreclosure
  by Yves Smith 6:00 am

• Contagion in the European CoCos Market
  by Lambert Strether 4:55 am

• Can Politics Ever Be Compassionate?
  by Yves Smith 1:28 am

October 28, 2018

• Links 10/28/18
  by Lambert Strether 6:55 am

• Mark Ames: ShamiWitness: When Bellingcat and Neocons Collaborated With The Most Influential ISIS Propagandist On Twitter
  by Lambert Strether 6:50 am

• Video: An intro to MMT, as presented at September’s International MMT Conference in NYC
  by Lambert Strether 6:25 am

October 27, 2018

• Links 10/27/18
  by Lambert Strether 6:55 am

• Trump Adds A Global Pricing Plan To Wide Attack On Drug Prices, But Doubts Persist
  by Yves Smith 3:20 am

• Is Orwell’s Big Brother Here? Bezos & Amazon Team up With Defense, CIA & ICE
  by Yves Smith 3:12 am

October 26, 2018

• 2:00PM Water Cooler 10/26/2018
  by Lambert Strether 2:00 pm

• Civilized Societies Don’t Call It Censorship, but Copyright
  by Yves Smith 9:55 am

• Links 10/26/18
  by Yves Smith 6:55 am

• US Stops Trade Talks With China: Posturing or Impasse?
  by Yves Smith 6:00 am

• A Follow-Up on the Reasons for Prime Age Labor Force Non-Participation
  by Yves Smith 2:38 am

• Richard Murphy: Fisking the NAO’s Report on the UK’s Border Preparedness for Brexit
  by Yves Smith 1:30 am

October 25, 2018

• Down to the Wire, Last Chance for 2018 Fundraiser!
  by Yves Smith 9:30 pm

• Countdown!
  by Yves Smith 6:42 pm

• Closing Hours of Fundraiser, About to Hit Our New Donor Target!
  by Yves Smith 4:00 pm

• Our New York Magazine Article is Up! “We’re Headed for a Brexit Crashout”
  by Yves Smith 3:01 pm

• 2:00PM Water Cooler 10/25/2018
  by Lambert Strether 2:00 pm

• Worksheet for the 2018 Midterms (If There Is a Blue Wave, What Next for Democrats?)
  by Lambert Strether 7:30 am

• Link 10/25/18
  by Yves Smith 6:55 am

• Procrastinators of the World, Unite! Last Day, Last Chance for Our Fundraiser!
  by Yves Smith 6:16 am

• Panicked Market Close Wednesday, Rout Continues Overseas, With Some Stabilization in Europe; What Will Thursday Bring? Updated: Investors Want Their Fed Put
  by Yves Smith 5:53 am

• The Crumbling Architecture of Nuclear Arms Control
  by Yves Smith 4:29 am

• Oil Under Threat As Global Economy Struggles
  by Yves Smith 2:14 am

October 24, 2018

• 2:00PM Water Cooler 10/24/2018
  by Lambert Strether 2:00 pm

• Links 10/24/18
  by Yves Smith 6:55 am

• The Best Part of This Week
  by Yves Smith 6:24 am

• Standoff Between Italy and European Commission Escalates as Commission Rejects Italian Budget
  by Yves Smith 5:35 am

• Buried in “Hilariously Stupid” White House Attack on Socialism, An Accidentally Strong Argument for Medicare for All
  by Yves Smith 4:42 am

• Brexit: The Forward March of Remain? It Still Hasn’t Got Out of the Starting Blocks
  by Yves Smith 3:06 am

October 23, 2018

• 2:00PM Water Cooler 10/23/2018
  by Lambert Strether 2:00 pm

• Can Americans Learn to Scale Their Partisan Walls?
  by Yves Smith 9:55 am

• Links 10/23/18
  by Yves Smith 6:59 am

• How Naked Capitalism Leaves Advertising Dollars on the Table So Nothing Comes Between You and Your Content
  by Lambert Strether 6:24 am

• Markets Edgy Over China, Italy Budget Staredown, Saudis, Brexit, Too Much Private Debt, Strained Valuations….
  by Yves Smith 6:22 am

• Michael Mann: We’re Already On Our Way to “Blowing Past” 1.5 Degrees Global Warming
  by Yves Smith 4:55 am

• Wolf Richter: It’s the Banks Again
  by Yves Smith 4:41 am

October 22, 2018

• 2:00PM Water Cooler 10/22/2018
  by Lambert Strether 2:00 pm

• Right to Repair Redux: The Economist Gets with the Program, While Alas, Apple Continues to Lag
  by Jerri-Lynn Scofield 9:55 am

• Links 10/22/18
  by Jerri-Lynn Scofield 6:55 am

• Hooray! Met Our Sixth Goal, On to Our Seventh: More Original Reporting
  by Yves Smith 6:27 am

• FICO Gets Creative With Credit Scores to Facilitate Getting More Americans in Debt
  by Yves Smith 6:06 am

• How Private Equity Bankrupted Seven Major Grocery Chains for Fun and Profit
  by Yves Smith 6:00 am

• Man Whose Mexico Beach House Was One of Last Standing After Hurricane Michael Calls Out Climate Denier Politicians
  by Jerri-Lynn Scofield 5:55 am

• Tom Engelhardt: The Unhappy 17th Anniversary of the Afghan War
  by Yves Smith 2:36 am

October 21, 2018

• Announcing a New Double-Your-Donations Challenge!
  by Yves Smith 10:10 am

• Plastic Watch: Recycling Woes
  by Jerri-Lynn Scofield 9:55 am

• Links 10/21/18
  by Jerri-Lynn Scofield 6:55 am

• Jeff Epstein: Naked Capitalism Led Me to MMT, and Its Commentariat Made Me a Better Writer
  by Yves Smith 6:30 am

• Facebook Erases Hundreds of Alternative Media Pages in Mass Purge
  by Jerri-Lynn Scofield 5:55 am

October 20, 2018

• Links 10/20/19
  by Yves Smith 6:55 am

• Mark Ames: Why Finance Is Too Important to Leave to Larry Summers
  by Yves Smith 6:32 am

• Marshall Auerback: The Democrats’ Globalization Dilemma
  by Yves Smith 6:28 am

• Italy’s Debt Crisis Intensifies
  by Yves Smith 6:22 am

October 19, 2018

• 2:00PM Water Cooler 10/19/2018
  by Lambert Strether 2:00 pm

• Why Are We Mostly Ignoring the Climate Crisis? The Message Is Wrong
  by Yves Smith 9:55 am

• Links 10/19/18
  by Lambert Strether 6:55 am

• Naked Capitalism: Ten Years After Lehman
  by Yves Smith 6:33 am

• Brexit: Knives Out for Theresa May (Again) Over Extending Transition Period
  by Yves Smith 6:31 am

• Win for Students Having Loans From For–Profit Educational Institutions
  by Yves Smith 3:33 am

• Gaius Publius: Analyzing the New NAFTA Deal — Better, But Not by Much
  by Yves Smith 2:51 am

October 18, 2018

• Hooray! Met Our Fifth Goal, On to Our Sixth: Karōshi Prevention
  by Yves Smith 7:21 pm

• 2:00PM Water Cooler 10/18/2018
  by Lambert Strether 2:00 pm

• Announcing the 2018 “Sarah Henry Double-Your-Donation Challenge”!
  by Yves Smith 11:20 am

• Trump and Jamal Khashoggi— Saudi Arabia Has Been Bribing the US with Arms Sales for Years
  by Yves Smith 9:55 am

• Links 10/18/18
  by Lambert Strether 6:55 am

• Naked Capitalism: Turning Darkness Into Light
  by Yves Smith 6:36 am

• Brexit: Fatal Complacency?
  by Yves Smith 6:35 am

• Germany Clashes With The U.S. Over Energy Geopolitics
  by Yves Smith 4:04 am

• Student Debt Bondage Becoming More Widespread
  by Yves Smith 3:05 am

October 17, 2018

• Hooray! Met Our Fourth Goal, On to Our Fifth, Expanding Our Reach
  by Yves Smith 9:20 pm

• 2:00PM Water Cooler 10/17/2018
  by Lambert Strether 2:00 pm

• The International Use of the Euro: What Can We Learn From Past Examples of Currency Internationalisation?
  by Yves Smith 9:55 am

• Links 10/17/18
  by Yves Smith 6:55 am

• Naked Capitalism: Keeping the Magic Alive
  by Yves Smith 6:40 am

• How $14 Billion Private Equity Firm Abraaj Went Bust
  by Yves Smith 6:39 am

• Richard Murphy: Who Really Pays the Tax on Rents?
  by Yves Smith 5:37 am

• Trump Bails On Coal Industry Incentives
  by Yves Smith 2:40 am

October 16, 2018

• Announcing the 2018 Double Your Donations Challenge!
  by Yves Smith 4:38 pm

• 2:00PM Water Cooler 10/16/2018
  by Lambert Strether 2:00 pm

• Sears’ Terminal Slide: Bankruptcy and Likely Liquidation
  by Yves Smith 9:55 am

• Links 10/16/18
  by Lambert Strether 6:55 am

• Why CalPERS Matters
  by Yves Smith 6:42 am

• Brexit: Things Are Always Darkest Before They Go Completely Black
  by Yves Smith 6:19 am

• New Study Highlights Collapse of Insect Populations
  by Yves Smith 3:23 am

• Gaius Publius: IPCC Releases Climate Report — First Thoughts
  by Yves Smith 2:08 am

October 15, 2018

• Thanks! Hit Our Third Fundraiser Target Quickly, Onto the Fourth: Guest Bloggers
  by Yves Smith 2:34 pm

• 2:00PM Water Cooler 10/15/2018
  by Lambert Strether 2:00 pm

• #MeToo Under the Golden Arches at McDonald’s
  by Lambert Strether 1:55 pm

• Links 10/15/18
  by Lambert Strether 6:55 am

• Michael Hudson: Naked Capitalism – The Best Daily Paper
  by Yves Smith 6:45 am

• How to Destroy Neoliberalism: Kill ‘Homo Economicus’
  by Lambert Strether 5:55 am

• Brexit: EU-UK Talks Collapse, Disorderly Exit Virtually Certain
  by Yves Smith 5:43 am

• Rethinking AI Through the Politics of 1968
  by Yves Smith 2:43 am

October 14, 2018

• Illinois’ Stateville Correctional Center Shuts Down Prison Debate Program
  by Lambert Strether 2:00 pm

• Links 10/14/18
  by Lambert Strether 6:55 am

• Ode to the Commentariat: Why Naked Capitalism Matters
  by Jerri-Lynn Scofield 6:45 am

• The Effectiveness of Large-Scale Asset Purchases
  by Lambert Strether 6:25 am

October 13, 2018

• Hooray! Met Our Second Fundraising Target Pronto, on to the Third: Supporting the Comments Section
  by Yves Smith 10:36 pm

• Links 10/13/18
  by Yves Smith 6:55 am

• Clive: Naked Capitalism – Your Ammunition in the War for Information
  by Yves Smith 6:52 am

• Marshall Auerback: A Full Employment Economy? What Could Possibly Go Wrong?
  by Yves Smith 6:50 am

• Money, the Shape of Law, MMT, and Aesthetics
  by Yves Smith 6:45 am

October 12, 2018

• 2:00PM Water Cooler 10/12/2018
  by Lambert Strether 2:00 pm

• Brexit and the Age of Incoherence
  by Yves Smith 9:55 am

• Matt Stoller: Naked Capitalism – Your Weapon Against Strongmen and Strawmen
  by Yves Smith 6:55 am

• Links 10/12/18
  by Jerri-Lynn Scofield 6:55 am

• Ending the Evil of Student Loans
  by Yves Smith 6:01 am

• Is the Tide Turning on Regulating Facebook and Google?
  by Yves Smith 5:55 am

• Mr. Market’s Hissy Fit May Be Over….For Now
  by Yves Smith 5:54 am

October 11, 2018

• Wow! Met Our First Fundraiser Goal With Record Speed! Next Is More Meetups and Travel
  by Yves Smith 4:10 pm

• 2:00PM Water Cooler 10/11/2018
  by Lambert Strether 2:00 pm

• J.D. Alt: Will the Democrats Change the Subject?
  by Yves Smith 9:55 am

• Fundraiser 2018: Keeping the Heat On
  by Yves Smith 6:58 am

• Fundraiser 2018: What We Did for You in the Past Year
  by Yves Smith 6:57 am

• Links 10/11/18
  by Lambert Strether 6:55 am

• Jason Perez’s Ouster of CalPERS Board President Priya Mathur Sends Shockwaves Among Private Equity, Environmental, Social & Governance (ESG) Boosters
  by Yves Smith 6:25 am

• Why Hysteria Over the Italian Budget Is Wrong-Headed
  by Yves Smith 3:27 am

October 10, 2018

• Yves Will Be Writing Regularly for New York Magazine (in Addition to Everything Else!)
  by Yves Smith 6:05 pm

• 2:00PM Water Cooler 10/10/2018
  by Lambert Strether 2:00 pm

• The Continuing Dominance of the Dollar
  by Yves Smith 9:55 am

• Links 10/10/18
  by Lambert Strether 6:55 am

• Brexit Chaos
  by Yves Smith 6:54 am

• Michael Mann: We Are Even Closer To Climate Disaster Than IPCC Predicts
  by Yves Smith 5:48 am

• Medicare Advantage Plans Shift Their Financial Risk To Doctors; Do Patients Win or Lose?
  by Yves Smith 12:25 am

October 9, 2018

• 2:00PM Water Cooler 10/9/2018
  by Lambert Strether 2:00 pm

• JFK Sucks, and Cuomo Plan Won’t Fix It
  by Jerri-Lynn Scofield 1:55 pm

• Links 10/9/18
  by Yves Smith 6:55 am

• Nobel Prizes in Economics, Awarded and Withheld (Climate Change Politics Edition)
  by Yves Smith 4:07 am

• Italy’s New Fiscal Plans: The Options of the European Commission
  by Yves Smith 3:41 am

• Bankers’ Liability and Risk Taking
  by Yves Smith 3:07 am

October 8, 2018

• 2:00PM Water Cooler 10/8/2018
  by Lambert Strether 2:00 pm

• Brexit Derivatives Risk: Did the City Overplay Its £38 Trillion Hand?
  by Yves Smith 9:55 am

• Links 10/8/18
  by Jerri-Lynn Scofield 6:55 am

• Brexit Crunch: Is the EU Trying to Save the UK from Itself? Is That Even Possible?
  by Yves Smith 4:30 am

• Don Quijones: Italy’s Debt Crisis Flares Up, Banks Get Hit, as Showdown with the EU Intensifies
  by Jerri-Lynn Scofield 4:25 am

• How Are We Doing on a ‘Green New Deal?’
  by Yves Smith 2:28 am

October 7, 2018

• Waste Watch: US Dumps Plastic Rubbish in Southeast Asia
  by Jerri-Lynn Scofield 12:55 pm

• Links 10/7/18
  by Jerri-Lynn Scofield 6:55 am

• Is India on Its Way Out of Poverty?
  by Jerri-Lynn Scofield 1:30 am

October 6, 2018

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

• With the World on the Line, Scientists Outline the Paths to Survival
  by Yves Smith 3:32 am

• Costing the Country: Britain’s Finance Curse
  by Yves Smith 3:18 am

October 5, 2018

• 2:00PM Water Cooler 10/5/2018
  by Lambert Strether 2:00 pm

• Inequality Represents a Wasted Opportunity for Poverty Reduction
  by Yves Smith 9:55 am

• Links 10/5/18
  by Yves Smith 6:55 am

• How Inequality Harms Mental Health
  by Yves Smith 5:17 am

• How Saudi Money Keeps the US at War in Yemen
  by Yves Smith 4:33 am

• Earthquake in Sacramento: Insurgent CalPERS Candidate Jason Perez Trounced Board President Priya Mathur in 57% to 43% Win; Repudiation of Captured Board and Labor Leaders
  by Yves Smith 3:14 am

October 4, 2018

• 2:00PM Water Cooler 10/4/2018
  by Lambert Strether 2:00 pm

• High-Deductible Health Plans Fall From Grace In Employer-Based Coverage
  by Yves Smith 9:55 am

• Links 10/4/18
  by Lambert Strether 6:55 am

• “High End” Apartment Construction Totally Dominates, Creates Mismatch of Supply & Demand
  by Yves Smith 3:52 am

• The Curiously Varied Impact of Recessions on Political Stability: The Role of Trust
  by Yves Smith 2:58 am

• Toys ‘R’ Us to Come Back from the Dead
  by Yves Smith 2:09 am

October 3, 2018

• 2:00PM Water Cooler 10/3/2018
  by Lambert Strether 2:00 pm

• Disaster Profiteers vs. the People of Puerto Rico
  by Yves Smith 9:55 am

• Links 10/3/18
  by Yves Smith 6:55 am

• Brexit Notes: Tory Conference and DUP Demands Yield More Insanity
  by Yves Smith 5:17 am

• Death by Fertilizer
  by Yves Smith 3:59 am

• New Study: Median Uber Driver Earnings $9.73/Hour After Conservative Assumption for Costs
  by Yves Smith 3:13 am

October 2, 2018

• Faith, Works, and Dental Care in America
  by Lambert Strether 2:55 pm

• 2:00PM Water Cooler 10/2/2018
  by Lambert Strether 2:00 pm

• Links 10/2/18
  by Lambert Strether 6:55 am

• Weathering the Next Florence
  by Lambert Strether 6:25 am

• Why the Distribution of Wealth Has More to Do With Power Than Productivity
  by Yves Smith 3:33 am

• Randy Wray: Modern Monetary Theory – How I Came to MMT and What I Include in MMT
  by Yves Smith 12:48 am

October 1, 2018

• Announcing Tucson Meetup for Tuesday, October 9
  by Yves Smith 3:24 pm

• 2:00PM Water Cooler 10/1/2018
  by Lambert Strether 2:00 pm

• “That’s a hell of an act. What do you call it?”
  by Lambert Strether 12:15 pm

• DOJ Sues to Overturn California Net Neutrality Law
  by Jerri-Lynn Scofield 9:55 am

• Links 10/1/18
  by Lambert Strether 6:55 am

• Q & A: Why Switching to Renewable Energy Sources is No Longer a Matter of Morality, But of Economics
  by Jerri-Lynn Scofield 6:25 am

• Insider Attacks, Blowback, and a Generation of American Folly in the Middle East
  by Lambert Strether 6:25 am