When Counterculture Goes Mainstream: A Dispatch from the 2021 Bitcoin Conference
How Bitcoin hard-core loyalists see the future of their project.
Read more...Author Archives: Yves Smith
Bureau of Labor Statistics (Non) Reporting Tallies 8 Strikes in 2020 Versus Payday Report’s >1200
Tiny Payday Report does the Bureau of Labor Statistics to shame in tracking strikes in 2020. What gives?
Read more...Industry Calls the Climate Shots in the Biden Administration
And you believed Biden on climate change?
Read more...Mindfulness Meditation Can Make Some Americans More Selfish and Less Generous
Why mindfulness practices don’t move seamlessly across cultures.
Read more...Links 7/13/2021
America’s Afghan War Is Over, So What About Iraq – and Iran?
America is finally out of one unwinnable war. How does this bode for the US extracting itself from other Middle Eastern quagmires?
Read more...Michael Hudson Discusses Financialization, Rentierism, and Other Favorite Topics with Jessi Ora of Swedish Positiva Pengar Group
Michael Hudson gives another wide-ranging, tour de force interview. Enjoy!
Read more...Kentucky Retirement System Litigation Against KKR, Blackstone, PAAMCO et. al. Takes New Class Action/Civil RICO Twist
Those pesky lawyers behind Mayberry v. KKR won’t give up! And some private equity titans are likely plenty unhappy about that.
Read more...Understanding the Opioid Epidemic: When Innovation Fails, or Rather Works Too Well
The opioid crisis provides a deadly example of why innovation often is simply a new-fangled form of predation.
Read more...New York City Subway Flooding Demonstrates Transit System Vulnerability to Climate Change
More frequent and severe New York City subway floods demonstrate how climate change is crippling critical infrastructure.
Read more...Book Review: The History of Animal-Based Medicine in China
Even critics of animal-based potions in China don’t understand its origins….which means they may be easier to contain than is now assumed.
Read more...Musical Interlude (“On the Path of Decent Groove”): Bombast
Bombast is where my head is right now. And you?
Read more...Trump Can’t Beat Facebook, Twitter and YouTube in Court – but the Fight Might Be Worth More Than a Win
Trump is back for another misguided, erm, quixotic fight. Could he still score points?
Read more...Moving the Covid Vaccine Goalposts
The Covid propagation and vaccine news is not pointing to happy outcomes
Read more...Wall Street Journal Fingers Columbia as Leader in Grad Students Whose Student Debt Leaves Them ‘Financially Hobbled for Life’
Columbia stands out in what a bad deal its graduate arts programs are. And President Bollinger is either clueless or indifferent.
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