Author Archives: Yves Smith
College Enrollments Drop Due to Covid, Adding to Budget Damage
College enrollments fall, consistent with predictions that Covid would hit them hard.
Read more...Milton Friedman Versus Stakeholder Capitalism
Looking at the damage Milton Friedman did by advocating corporate irresponsibility, which more and more orthodox economists have questioned.
Read more...Bill Would Clamp Down on Cops Collecting DNA From Kids
A proposed New York City bill would halt DNA collection from children in the absence of an arrest or parental consent.
Read more...Why Saudi Arabia May Be Forced To Start Another Oil Price War
Poor oil price prospects may lead to another race to the bottom.
Read more...EU Wins WTO Ruling on Boeing Subsidies, Following WTO Ruling for the US on Airbus Subsidies. Tariff War On?
WTO rulings on tit-for-tat aircraft manufacturer disputes look likely to produce dueling tariffs at least in the near term.
Read more...Why Has Mayoral Candidate Scott Stringer Invested New York City Pensions in Private Equity Firms Like Blackstone?
The New York City pension system provides more proof that investing in private equity hurts performance.
Read more...Why the George Floyd Protests Succeeded Where Others Failed
Looking at what the George Floyd and later Black Lives Matter protests over the summer did right.
Read more...What Did Billionaire Leon Black of Apollo Get for >$50 Million in Fees to Jeffrey Epstein?
The more we learn about Leon Black’s relationship with sex offender Jeffrey Epstein, the less there is to like.
Read more...What Should Europe Expect from American Trade Policy After the Election?
Biden promises to go back to an old normal. But how realistic is that on the trade front?
Read more...Citi’s Recidivist Rule-Breaking and Incompetence Shows Persistence of Too Big/Complex to Fail Problem
Citi’s latest run-in with regulators shows why comparing big banks “too big/complex to fail” problems to those of Big Tech is all wet.
Read more...Michael Klare: How the US Plays Nuclear Chicken with Russia and China
eeping tabs on US nuclear provocations of Russia and China.
Read more...Links 10/10/2020
Pandemic Erects Barriers for Prized Bloc of Voters in Nursing Homes, Senior Facilities
How voters in retirement facilities are being disenfranchised.
Read more...Rana Foroohar and Mark Blyth: How Deep Will the Depression Get?
Rana Roroohar and Mark Blyth discuss the elections, tech, China, and Covid v. recovery with Paul Jay.
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