MMT is a Political Problem: Part 1
How should MMT proponents advance their views?
Read more...Author Archives: Yves Smith
Coronavirus Reveals the Cracks in Globalization
Coronavirus risks a series of shortages that can be mitigated only by bringing some production back home.
Read more...Malnourished Insects: Higher CO2 Levels Make Plants Less Nutritious
How insects show the effects of nutrient dilution.
Read more...As Youth Suicides Climb, Anguished Parents Begin To Speak Out
It’s not just that suicides are rising among teens but that many well-adjusted-seeming kids are killing themselves.
Read more...Oil Price Crash: 50% Of U.S. Shale Could Go Bankrupt
Yesterday’s oil price downdraft, if not meaningfully reversed, will create a world of hurt among US producers, most of all shale gas players.
Read more...Marcie Frost Indictment: Overwhelming Majority of Investment Professionals Would Not Recommend Joining CalPERS
A survey of CalPERS’ investment professionals reveals that CalPERS is one big unhappy family. Not only that, it shows that they’ve become less happy in the last year, since Ben Meng became Chief Investment Officer. We’ve embedded the summary page of the survey, but this section shows that less than 1/4 of CalPERS’ investment professional […]
Read more...Mr. Market Loses It Over Coronavirus Risk: Oil Tanks, S&P Futures Trades Halted on Limit Down Overnight, Gold Jumps
Coronavirus infects Mr. Market.
Read more...‘Internet of Things’ Could Be an Unseen Threat to Elections
How more IoT = more messed up elections
Read more...Links 3/7/2020
The Catherine Principle for Negotiating With the Turks – Let Arms Do the Talking
Why Catherine the Great’s lessons for dealing with Turks are still operative.
Read more...Revillaging: Looking to Our Roots as We Redesign Towns and Cities
Revillaging as a way to improve communities by improving daily life.
Read more...China Could Start A New Solar Price War
Why cheaper solar panels out of China might not be an unalloyed blessing.
Read more...Airlines: Bleeding from Coronavirus, and Worse to Come
Coronavirus carnage continues, particularly at bankruptcy-prone airlines.
Read more...Is the U.S. Fracking Boom Based on Fraud?
Is the seamy side of fracking the only side?
Read more...Coronavirus: Kids About as Likely as Adults to Become Infected; What Happens When School Closures Become Widespread?
Coronavirus is already causing large-scale school closures abroad; what happens when that becomes the new normal in the US?
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