How This Month Produced a Mind-Boggling Warm-Up in Eastern Antarctica (and the Arctic)
Why part of Antarctica suffered wildly out of band warmth.
Read more...Author Archives: Yves Smith
Russia Counter-Sanctions “Unfriendly Nations” by Requiring Gas Payments in Roubles; Dallas Fed Predicts 2022 Global Recession if Russian Energy Supply Remains Restricted
Clearing up misunderstandings about the Russian move to require unfriendly countries to pay roubles for gas.
Read more...The Subtle Psychology of Nudges During a Pandemic
For years, the U.S. and U.K. governments embraced the concept of nudges to change social behavior. Then came Covid-19.
Read more...Inside the Chaotic Charter Schools Run by For-Profit Accel Schools
Yves here. It might seem easy to dismiss the child-warehousing-masquerading-as-education perpetrated by Accel Schools as a charter school outlier. But as this article explains, Accel embodies a new trend to profit-maximization and asset stripping in this arena. By Jeff Bryant, a writing fellow and chief correspondent for Our Schools. He is a communications consultant, freelance […]
Read more...Stagflation Threat: Be Pragmatic, Not Dogmatic
More discussion of the current, misguided central bank use of interest rates to combat inflation, and what will probably become stagflation.
Read more...Links 3/23/2022
Russia Sanctions Collateral Damage: Diesel Shortage Risk Worsening, EV Batteries
More on the “soon to be with us” sanctions-induced diesel shortage, along with EV battery woes.
Read more...Sanders Opposes America COMPETES Act Over Billions in ‘Corporate Welfare’
Sanders takes on the supposed US competitiveness-boosting COMPETES Act as corporate grifting.
Read more...Michael Hudson Discusses Russia Sanctions Blowback on the Renegade
Michael Hudson revisits how US sanctions will ultimately hurt its economy more than Russisa’s, as crippling the dollar hegemony.
Read more...Productivity Dynamics of Working from Home
More on the debate over whether worker productivity takes a hit at home.
Read more...Links 3/22/2022
Ukraine Latest: More Shortages; Misunderstanding Russian Strategy?
Some brief Ukraine sightings.
Read more...At What Point Does a Billionaire’s Greed Hurt the Rest of Us?
How the growth of a billionaire class is the result of policy choices.
Read more...Ukraine Updates and Scott Ritter on Russia Military Strategy and Progress
Some over the weekend sightings on the war in Ukraine.
Read more...Corporate Legacy Debt, Inflation, and the Efficacy of Monetary Policy
Why high levels of corporate debt can make monetrary tightening less effective in controlling inflation.
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