Author Archives: Yves Smith

The COVID-19 Catastrophe in India Keeps Growing

The Covid nightmare in India won’t end soon. Yet the West, despite self-interested reasons for reducing the contagion, is standing pat.

From an Un-Caring Economy to a Caring Economy: The Tax Justice Network Podcast, April 2021

“Caring economy” sounds awfully soft and fuzzy. However, it may finally be time to reject utlitarian views of how we organize our resources.

Links 4/23/2021

Biden’s Appeasement of Hawks and Neocons Is Crippling His Diplomacy

Is Biden’s high testosterone foreign policy a feature or a bug?

Ilargi: Ukraine Warheads

The US seems to be back in its “Fuck the EU” and frankly the American people mode over Ukraine.

The Coronavirus Crisis Within the Economy Is Far From Over – Because Reopening Creates a Whole New Type of Risk

Whither the post-Covid economy, assuming a “post-Covid”? The answer depends at least in part on where you sit.

CalPERS Employee Accused of Embezzling $685,000 from Beneficiary Bank and CalPERS Accounts Hasn’t Been Arrested, Much the Less Prosecuted. Why the Cover Up?

CalPERS has allowed an employee accused of massive embezzlement to go free for months rather than seek her arrest and prosecution. What is it hiding?

How America Can Curb the Epidemic of Violence Against Health Care Workers

Health care staffers are on the receiving end of violence more often than you might think, yet perilous little is done to protect them.

Privacy Champions Urge Passage of ‘Fourth Amendment Is Not For Sale’ Act

Anti-Big-Tech sentiment has hit the point where it’s not crazy to hope for some recovery of digital privacy.

Softer Monetary Policy Increases Inequality

Quelle suprise! Asset-goosing loose monetary policy helps the rich more than the poor even in egalitarian Denmark.

Competition Heats Up in the Melting Arctic, and the US Isn’t Prepared to Counter Russia

Shocker! Russia is end-running the US in the Arctic, even though Sarah Palin has been keeping an eye out. Where have the arm merchants been?

Another False Start in Africa Sold with Gates Foundation Green Revolution Myths

The Gates-Foundation-promoted Green Revolution has proven harmful and also crowded out safer and effective ecological agriculture projects

Jury Finds Derek Chauvin Guilty of Second Degree Murder, Third Degree Murder and Second Degree Manslaughter in George Floyd Trial

Jurors in the George Floyd trial found Derek Chauvin guilty on all counts: second degree nurder, third degree murder and second degree manslaughter