The Really Really Yucky Airlines Bailout
The airlines are at the trough. It’s not quite as unseemly as the 2008 bank bailouts, but that’s an awfully low bar.
Read more...Yearly Archives: 2020
Massachusetts Recruits 1,000 ‘Contact Tracers’ To Battle COVID-19
Some spots in America are staring to get serious about contact tracing to limit coronavirus spread. But can they commit the resources?
Read more...Damning New Story on CalPERS Sacrificing $1 Billion Hedge Profits Confirms Doubts About Chief Investment Officer Ben Meng’s Competence
More evidence that CalPERS Chief Investment Officer Ben Meng is over his head.
Read more...2:00PM Water Cooler 4/14/2020
I’m just beginning to see
Now I’m on my way
It doesn’t matter to me
Chasing the clouds away
CSA: How to Support Local Farmers as Restaurants and Farmers Markets Close
As the virus has small, local farms scrambling for income streams, community-supported agriculture (CSA) is one way to support them.
Read more...Links 4/14/2020
What Richard Vague Says that Matt Taibbi, Our Acrophobic Champion for the Duration of the COVD-19 Crisis, Needs to Learn about Stratospheric Levels of Public Debt
Economic historian/analyst Richard Vague clears up some of the misconceptions that Matt Taibbi and others have about MMT and crisis spending.
Read more...Covid-19 Diagnosis: Will We End Applying a Mosaic of Methods Worldwide?
A look at promising Covid-19 test methods, and why diagnosis approaches may wind up differing across countries.
Read more...Fatal Combination: Bailouts and Bank Rescues in Money-Driven Political Systems
A tidy case study into how much money it takes to buy Congressional votes.
Read more...Somebody Needs to Tell Chuck Schumer that the Entire Working Class Is “Heroic,” Not Just “Essential Workers”
Schumer’s “Heroes Fund” would create a new labor aristocracy
Read more...2:00PM Water Cooler 4/13/2020
Today’s Water Cooler: Let’s make Monday Fun Day!
Read more...To Fight the COVID Pandemic, Policymakers Must Move Fast and Break Taboos
To combat COVID-19, central banks, including the ECB, must cross the Rubicon of monetary financing and immediately transfer the 20%-30% of GDP this will cost into fiscal coffers.
Read more...Links 4/13/2020
Some Comments on the Sanders Campaign
Thoughts on the Sanders kneecapping.
Read more...Mark Blyth and Jeffrey Sommers: Austerity – A Dangerous Idea Returns
Why more austerity is one of the worst possible responses to the pandemic….yet the US is seeing even more of it.
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