NYC Landlords Suing Pandemic-Slammed Small Businesses by the Hundreds for Missed Rent
Pandemic-starved businesses are facing off against landlords who want rent paid. New York City illustrates some of the legal and practical issues.
Read more...Author Archives: Yves Smith
Capitalist Systems and Income Inequality
Focusing on class produces a new taxonomy of capitalist countries.
Read more...Links 12/3/2020
Brexit: The Barnier Cliff
December 31 is a Barnier deadline too.
Read more...As Hospitals Fill With COVID Patients, Medical Reinforcements Are Hard to Find
Yves here. It’s only early December and doctors and nurses are already exhausted. The grim figures in this article are already dated; Covid hospitalization just hit a new high of 100,000 in the US. How are hospitals going to keep their troops from falling over? The earliest time when conditions might be better than now […]
Read more...Rapid COVID-19 Tests Can Be Useful – But There Are Far Too Few To Put a Dent in the Pandemic
Why Covid antigen tests, which are easy to administer and produce results in less than a half hour, are not a magic bullet.
Read more...How Do You Combat Information Overreach?
A shaggy dog story, and a request for reader ideas on how to escape unreasonable requests for personal information.
Read more...Are “Net-Zero” Emissions a Smoke Screen?
A wide-ranging, and therefore sobering, discussion of climate change policy, including emissions and temperature targets.
Read more...Potential Consequences of Post-Brexit Trade Barriers for Earnings Inequality in the UK
More bad news on the inequality front.
Read more...MMT and the EU: A Case for Capturing the Prevailing Narrative
A political economy take on the EU.
Read more...Another Blow to Private Equity: “You Can Pick Winners” Again Shown To Be a Fool’s Game
More bad news about private equity returns.
Read more...Much of the U.S. Could Be Uninhabitable by 2050
A new report confirms earlier studies that found that climate change will render a lot of the US uninhabitable in a few decades.
Read more...Can’t Do America: Kick the Can Approach to Public Pension Fund Crisis, Even Though Canada Cleaned Up Its Mess
Why the US is certain to ignore the Canadian roadmap out of its public pension fund mess….and it’s not just because exceptionalism.
Read more...The Scarring Effect of COVID-19: Youth Unemployment in Europe
Youth unemployment spiked in the EU after the financial crisis. Covid is set to do even more damage.
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