Articles by Yves Smith - Page 360 of 1587

With Covid-19 driving many migrants to return to their countries of origin, governments need to implement better reintegration plans.

The Next Neoliberal President…

A clear eyed and therefore not cheery look at where President Biden is set to take the US.

What Can Sanders Do as Budget Chair? – Rob Johnson

Sanders is about to have considerable influence on spending priorities. Where and how does he have leverage?

Rise of the Superstar Firms: Taking Oligopoly Seriously in Macroeconomics

Quelle surprise! Only now that EU and US officials are up in arms about monopolies are macroeconomics pros taking it seriously.

Blockbuster Lawsuit Targets Deutsche Bank Executives and Supervisors for Epic Abuses, Value Destruction

An important suit taking aim at the extensive misconduct of Deutsche Bank executives and board members is grinding its way through court.

Ins and Outs of Congressional Review Act and Climate Change Rules

The Biden administration could use the Congressional Review Act to reverse Trump rulemaking. But it’s easier said than done.

How Capitalism’s Dogged Defenders and Propagandists Shield It From Criticism

Richard Wolff takes on pro-capitalism propaganda.

Central Bank Machinations with No Exit: ECB Leaks New Thingy, It’s Doing Yield Spread Control

Not your grandmother’s “yield curve control.” Only one thing that could force this ECB absurdity to end: a big bout of inflation.

The CDC’s Mission Impossible

Sadly, the CDC’s new head does not look up to turning around the agency, even before getting to bizarre plans to expand its mission.

Wikipedia: The Overlooked Monopoly

Low-quality anonymous “editors” combined with a Google tie-up turned an interesting experiment into an overlooked but destructive monopoly.

The American Rescue Act: Do Whatever It Takes

The economy is likely to be crippled for months and fiscal rescue on a large scale, once again, is very much necessary.

“They Left Us Starving”: How the Fashion Industry Abandoned Its Workers

Yves here. Many associate sweatshops in Sri Lanka and Bangladesh with “fast fashion,” aka the close-to-disposable frocks made by the likes of H&M. As this article explains, the use of ultra-cheap labor extends much further up the fashion food food chain. And these poorly-paid workers get thrown to the curb when orders fall off. By […]