Author Archives: Yves Smith
Young People Finally Starting to Recognize the Super Rich and Not Oldsters Are the Problem
As the rich become both richer and better bunkered, the young are finally realizing that wealth disparity is a big part of what ails them.
Read more...5 Things to Know About the Global Land Rush and How to Stop It
A recent conference in Colombia assessed the extent of land grabs and how to organize against them.
Read more...A Class Analysis of the Trump-Biden Rerun
How helpful is class analysis in assessing support for Trump and Biden?
Read more...Russia Delivers Major Blow to Ukraine by Destroying Kiev’s Biggest Power Plant
Russia’s dismantling of Ukraine’s ability to function accelerates with the destruction of Kiev’s largest power facility.
Read more...Beneath the Skin of CPI Inflation, March: Inflation Behaves Very Badly, Saga Far from Over
Ugly inflation in services drives up the 3-month “core CPI” for 7th month, to 4.5% annualized, worst in a year.
Read more...US Cities Struggling With Office Vacancies: St. Louis in Doom Loop, New York Eyeing Residential Conversions
Two snapshots of the impact of hollowed out office buildings on American cities and how they are trying to cope.
Read more...Nate Silver: Sotomayor Should Retire Before the Election
Why Sotomayor should, erm, take one for the team!
Read more...Do We Really Need a Global Commission on Modern Slavery?
Theresa May’s [anti] modern slavery project serves as a point of departure for considering policy options.
Read more...On the Difficulty of Research in the Biomedical Sciences and Scientific Medicine
Why medical research is hard, and often path-dependent, which may not always be a good thing.
Read more...How Biden Can Win on the Economy: Stop Mass Layoffs
Why has Biden failed to add a clause to Federal contracts to protect workers from mass layoffs?
Read more...U.S.’s New Hopes in Iraq Are Dashed as It Signs Longest Ever Gas Deal With Iran
The US suffers yet another setback v. Iran.
Read more...Yellen and Biden Administration Incompetence: Bullying and Entitlement, Rather Than Making a Case, Here Regarding China Overproduction
Yellen made a complete hash of the question of Chinese overcapacity, a real problem unlikely to sort itself out nicely.
Read more...Links 4/9/2024
Tilting at Windmills: Bernanke and Blanchard’s Obsession with the Wage-Price Spiral
The obsession of big-name economists with defending a bad model has consequences, here, a policy aim of whacking wages.
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