No Bargain: Big Money and the Debt Ceiling Deal
What is the real reason Democratic party leaders go along with the debt ceiling ritual?
Read more...Author Archives: Yves Smith
How Declining Population Growth Might Portend a Future of Increasing Resource Scarcity
Slowing and stallling population growth could actually increase resource demands.
Read more...Links 5/30/2023
Ukraine: Bleeding Out
A plea to analysts and commentators with access to information: when Ukraine runs out of materiel will be decisive.
Read more...Here’s Why Oil Flows Can Only Be Redirected, Not Stopped
At least over the time frame of the sanctions against Russia, oil demand had looked inelastic.
Read more...Links 5/27/2023
Origins of Debt: Michael Hudson Reveals How Financial Oligarchies in Greece & Rome Shaped Our World
Michael Hudson explains how the treatment of debt winds up determing social structure.
Read more...The Move Toward a Four-Day Workweek Obscures Low Pay
Yves here. Like author Sonali Kolhatkar, your humble blogger has been skeptical of a four day, or better yet, 32 hour workweek without an increase in worker compensation. By Sonali Kolhatkar, an award-winning multimedia journalist. She is the founder, host, and executive producer of “Rising Up With Sonali,” a weekly television and radio show that […]
Read more...Workers in the South Are Defying History with Union Wins
Union campaigns are scoring more successes in the South despite the high-profile defeat at the Amazon wareouse in Bessemer, Alabama
Read more...More American Cities Considering Free Public Transportation
In fits and starts, the idea of free public transportation is getting more of a following in the US.
Read more...The Expanding Role of Medicaid in US Health Care
Medicaid is more of a heavyweight than you might have realized.
Read more...Capturing Carbon With Machines Is a Failure—So Why Are We Subsidizing It?
licymakers are funding techno-fixes like carbon capture, when studies indicate nature-based solutions are all-around more effective.
Read more...Ice Melt In the Pipeline
The IPCC has been soft-pedaling realistic, as in alarming, prospects for rapid ice melt and near-term ocean rises.
Read more...Big Pharma Uses Fuzzy Math to Discredit Discount Drug Program
r 340B, a program granting cheaper medicines to nonprofit healthcare patients, drug industry innumeracy is only rivaled by its greed.
Read more...Subjective Well-Being During Spain’s Decline: Evidence from Crusade Bulls
Sales of Crusade Bulls, a form of indulgence that Spain preserved after they were in decline elsehwere, may shed light on other social issues
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