Current Climate Extremes Double at 2 Degrees Warming and Quadruple at 3 – Lead IPCC Author
The latest IPCC report shows we are climate-cooking our goose more quickly than even most pessimists had thought.
Read more...Author Archives: Yves Smith
I Studied People Who Think Leisure Is a Waste of Time – Here’s What I Found
Leisure? Bah, humbug!
Read more...EXPOSED: CalPERS’ Brainwashed Board in Denial that CIO Meng Caused His Own Downfall with Information He Himself Provided
CalPERS’ secret rmeeting after CIO Meng left in a huff shows how staff controls the board, here by falsely claiming internal sabotage.
Read more...The Most Monstrously Overstimulated Economy & Markets Ever
The Fed will trim back its stimulus, but it’s already pumped up markets and the unwind will be too little and too slow.
Read more...Here’s What Makes a New Amazon Carbon Study So Unnerving
Walking through yet more troubling information about the state of the Amazon.
Read more...Imperialism Then and Now: Drain of Wealth, Depression, The Role of the State and Globalization
Yves here. This is the second section of the GPENewdoc historical series on imperialism and capitalism. You can find Part 1 here. By Lynn Fries. Originally published at GPENewsdocs Prabhat Patnaik explains how the colonial system led to depression. Then, in advanced countries governments stepped in to increase demand and productivity, but how unless the […]
Read more...EXPOSED: Transcript of CalPERS Closed Session on Ben Meng Departure Shows Clear and Extensive Violations of Transparency Laws, Builds Case for Contempt Ruling by Judge Markman (Presiding)
Oops! CalPERS released nearly all of a transcript of a board meeting after Ben Meng’s resignation that it was fighting to keep secret.
Read more...The Contempt in Tangy Ranch Doritos
Doritos as a case study in companies flavor-reverse-gaslighting their customers.
Read more...Imperialism Then and Now: Wealth, Unemployment and Insufficient Demand
Prabhat Patnaik on imperialism and capitalism: to accumulate wealth, somewhere demand must be suppressed to provide cheap inputs.
Read more...“All-Electric Future Comes At A Huge Cost”
Tempering some of the enthuiasm for “all-electric” schemes.
Read more...How the Economics of Walking About Helps Predict Unemployment, or the Value of Soft Data
On the short-sightedness of over-reliance on hard data.
Read more...Links 8/24/2021
The Coming School Opening Covid Train Wreck
Covid warning for the fall: assume the brace position.
Read more...Notes on the ‘Loss’ of Afghanistan
Cleaning up some misperceptions about the US operation in Afghanistan, including the idea that it was a country.
Read more...CalPERS Officially a Laughingstock Around the World: London Newsletter Sniggers Over Failed Chief Investment Officer Search Even While Omitting or Getting Worst Facts Wrong
Even commentary meant to be hard on CalPERS manages to understate how bad things are.
Read more...