Author Archives: Yves Smith
Polarization, Then a Crash: Michael Hudson on the Rentier Economy
Michael Hudson discusses the chokehold of pro-finance, pro-rentier capitalism reaching into the present COVID-19 crisis.
Read more...Links 12/26/2020
The Fall of Byron and the Oscar Wilding of Johnny Depp
Lord Byron and his fictional ilk came to unseemly ends, which seems fiting punishment for romantic indiscretions. So why are they being written out?
Read more...Rolling Out the Vaccine
More discussion of vaccine policy, such as it is.
Read more...Links 12/25/2020
Quick Notes on the Brexit Deal
Brexit: an undertaking of great advantage, but nobody to know what it is.
Read more...Larry Summers’ Opposition to $2000 Covid Payments Confirms Our Classic: “Why Larry Summers Should Not Be Permitted to Run Anything More Important than a Dog Pound”
Larry Summers is at it again.
Read more...A Mini-Tour of Christmas/Holiday Feasts and Traditions
Christmas traditions vary considerably. What are the ones in your part of the world like?
Read more...Explaining Fiscal Multipliers, a Stealthy but Important Budget Battleground (Part 1)
Fiscal multipliers, an economic concept often misused to justify austerity, is rearing its head in Beltway budget debates. Time to bone up.
Read more...Secular ‘Values Voters’ Are Becoming an Electoral Force in the US – Just Look Closely at 2020’s Results
More voters admit to not being religious. How does that play out in US politics?
Read more...Links 12/23/2020
Why Are Shootings Up in New York City? We Asked Four People on the Front Lines
“Becaue Covid” may not fully explain the rise in shootings in New York and other big cities.
Read more...Someone Should Ask Biden Cabinet Candidate Ursula Burns If She Supports Child Labor in Africa
Ursula Burns, a candidate for Commerce Secretary, is a director of Nestlé, which defended its use of child labor before the Supreme Court.
Read more...Holiday-Year End Schedule and Comments Holiday
We are cutting back on posting and comments so as to give Team NC a bit of a respite. Hope you can also take a year end break.
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