Author Archives: Yves Smith

Links 8/15/2023

How to Fix Monetary Policy in Advanced Countries

The monetary policy of major central banks in advanced economies have had negative consequences and thus need to be fixed.

European Gas Price Spike Highlights Painful Exposure To Global Markets

A strike in Australia could reduce global LNG supplies by 10%. European energy security is not what it used to be.

The West and the War in Ukraine: Selling and Buying Hopium

Despite some press stories and orthodox pundits acknowledging that things are going badly for Ukraine, there is way too much delusion.

“We Need to Raise a Lot More in Tax from the Wealthy but That Does Not Convince Me That We Need a Wealth Tax”

Why a wealth tax is not only no magic bullet, but also not likely to work very well.

Links 8/12/2023

FDA Tries to Pretend It Didn’t Oppose Ivermectin Use for Covid

The FDA attempts to distance itself from its earlier hostility to Ivermectin as a Covid remedy, but too many people have good memories.

The Sahel Tug-of-War: U.S. And Russia Face Off For Influence In Niger

A US propaganda outlet frets over Niger.

Links 8/11/2023

Longitudinal – Reflections On Recent Economic Writing

Satyajit Das takes a gander through a large sample of recent economic books and has some unexpected findings.

The Polish President Said Kiev Isn’t Doing The West Any Favors & Its Counteroffensive Failed

Spats between Polish and Ukrainian officials reflect divergences in interests which they may no longer be able to paper over.

Rise in Air Pollution Fuels Antibiotic Resistance, Study Suggests

Yet another reason to take air quality seriously.

The Overlooked Role of the Financial Crisis in the Subjugation of Europe

Europe faces permanent economic diminution thanks to following US sanctions But did the financial crisis pave the way for this self-sabotage?

What Is This “Lawfare” I Keep Hearing About?

A summary of how the term lawfare came into being and how its use has evolve