Author Archives: Yves Smith
Putin’s February 21 Speech: Hot Takes – Putin Speaks for a Strong, Self-Sufficient Russia
Putin was in fine form, focusing on domestic programs, wth no new battlefield plans. But he didn’t mince words about the West.
Read more...EU Gas Price Cap: An Exercise in Futility
The much -maligned EU gas price cap is not looking any better with age.
Read more...Public Pension Funding Average Now Below 50%, Yet Beneficiaries and Press Stay Mum
That light at the end of the public pension fund tunnel is the headlight of the underfunding train bearing down on them.
Read more...Turkish President Erdoğan’s Grip on Power Threatened by Devastating Earthquake
The massive February 6 earthquake weakened Erdogan’s already not-so-hot re-election prospects. What now?
Read more...Links 2/18/2023
Tech Companies Are Getting Into Neurotechnology. Should We Worry?
Consumer-facing neurotechnology could make computers more accessible — and pose a new kind of threat to data privacy.
Read more...Tipping Is Not a Reward—It’s an Insult
Tipping legalizes subminimum wages and keeps workers subservient to the whims of employers and customers.
Read more...Asking the Oppressed to Be Nonviolent Is an Impossible Standard That Ignores History
The demand that protest only be nonviolent helps preserve an often corrupt and abusive status quo.
Read more...Links 2/17/2023
‘Absolute Hypocrisy’: GOP Unveils Bill to Make Trump Tax Cuts Permanent While Howling About Debt
The point of the debt ceiling melodrama is to give fiscal hawks another whack at budget-cutting. Tax increase are therefore off the table.
Read more...“Why Jon Stewart Should Run for President”
The fact that Tom Neuburger is pumping for Jon Stewart is yet another proof of how terrible the Democratic party bench is.
Read more...Sturgeon’s Departure Doesn’t Solve Scotland’s Problems
The Scottish National Party has been a victim of its and Nicola Sturgeon’s success. Scotland’s route to independence is now anyone’s guess
Read more...Iran And Russia Strengthen Military Ties With New Weapons Deals
Not surprisingly, Iran and Russia are increasing their cooperation.
Read more...The Original Sin of Economics
How a bleak Christian theology influenced the development of economics.
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