Author Archives: Yves Smith

Bad Reporting On Latest Sveriges Riksbank Prize In Memory Of Nobel

Not only has the not-really-a-Nobel-prize in economic regularly promoted neoliberal ideology, but even when it doesn’t, the press messes up.

Michael Hudson: Super Imperialism, 3rd Edition

Michael Hudson’s Super Imperialism strikes again!

The Supply Chain Crisis: How We Got Here

On some of the key management practices and fads that produced dependence on extended and revealed-to-be-fragile supply chains.

Links 10/9/2021

Book Review: The ‘Mystery’ Illnesses Informed by Culture

Illness may be even less straightforward than you think.

Never Mind the Pandora Papers: Why Secrecy Still Rules in the UK

Thanks to poor drafting and a lack of enforcement, anti-secrecy legislation intended to make it clearer who owns UK companies isn’t working

Mzukisi Qobo: The Old Mantra About Growth Has Reached Exhaustion

A perspective from the Global South on the end game for growth.

The Neverending Brexit: Flailing Johnson Set to Try to Renege on Commitment to Respect Good Friday Agreement

Boris Johnson is expected to eyepoke the EU by reneging on the Norhtern Ireland protocol, presumbly to distract from domestic shortages.

Why America Needs a National Program of Paid Sick and Family Leave

Family leave is productive as well as humane, but American management has been keen to keep its boot on workers’ necks.

Reallocation Effects of the Minimum Wage

Raising minimum wages is good for workers and (surprise!) company operations! Too bad those whiny managers worry they will skim less.

Links 10/7/2021

European Investment Scammers Allegedly Laundered Their Money through Scotland

Investigations by European and Ukrainian prosecutors revealed an alleged investment fraud with funds laundered via UK corporate entities

‘This Is a Battle Between What People Need & What Money Wants.’ How’s That Going to End?

Class warfare, American style, is ever more obvious. But how much are ordinary people taking note?