Ilargi: What? Default? Where? Dollar?
Why the dollar is not losing its privileged status any time soon.
Read more...Author Archives: Yves Smith
Thomas Frank: Populism is Not Mob Rule
Liberal elites see mass movements as endangering their ‘educated and wise leadership’. Populism and anti-populism has deep roots in American history.
Read more...Even If Joe Biden Wins in a Blowout, the ‘Global Economy’ Is Not Coming Back
Why corporations are past the high water mark for global commerce.
Read more...Essential – and Expendable – Labor, in Mexico, for the US
How workers in Mexico are now essential—to U.S. corporations.
Read more...Unequal Consequences of COVID-19 Across Age and Income
A six-country look at who is affected by Covid-19 and what there responses tend to be.
Read more...Brexit and Inertia
Things have changed very little on the Brexit front, which is not good.
Read more...Why Does Essential Work Pay So Little… And Cost So Much?
Ruminations on the nature of work and employment.
Read more...Indian Farmers Are Staring at Suicide as Modi Government Looks the Other Way
An account from India on farmer suicide and why many could have been prevented.
Read more...Links 7/23/2020
Pathbreaking Public Pension Case Mayberry v. KKR Is Back From the Dead as Kentucky Attorney General Joins Case
The unexpected resurrection of the pathbreaking pension lawsuit Mayberry v. KKR is a welcome but politically extremely puzzling development.
Read more...Are American Colleges and Universities the Next Covid Casualties?
Colleges and universities need to be saved, not only from financial ruin, but also, all too often, from themselves.
Read more...Marketing Is the Original Behavioral Economics
Showing that behavioral economics is just marketing wine in new bottles.
Read more...How Mitch McConnell’s Hostility to the Unemployment Supplement Puts Ordinary Americans’ Welfare at Risk
Republicans intend to shoot themselves and the economy in the head out of ideological rigidity by killing the unemployment supplement.
Read more...Ohio House Speaker Arrested in Alleged $60 Million Racketeering, Bribery, Money Laundering Scheme; A Window Into Politics in America
Ohio’s biggest political corruption case is a doozy, with riveting racketeering charges and lots of dirty tricks.
Read more...Boeing 737 Max Ungrounding Pushed Back Again; WSJ Sources Say Early 2021
Moar bad news for the 737 Max.
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