Another Demise of a Storied Business at the Hands of Private Equity: Fairway
Fairway shows how private equity ruined a successful and much loved business.
Read more...Author Archives: Yves Smith
Not All Keynesian Spending Is Equal
How “Keynesian” ideas regularly misrepresent Keynes.
Read more...On February 6 Antarctica Was Warmer Than Orlando, But Mainstream Democrats Fiddle as the Planet Burns
Democrats ex Sanders are punting on climate change.
Read more...More Concerns About China’s Coronavirus Economic and Political Downside
How coronavirus is destabilizing China.
Read more...Breakdown or Breakthrough? Degrowth and the Great Transition
We have already surpassed the known limits to growth, so degrowth is our only option.
Read more...Links 2/16/2020
A Full Scale Attack on Medical Debt
An integrated proposal for ending medical debt.
Read more...Foreign Exchange Swaps: Hidden Debt, Lurking Vulnerability
How hidden foreign exchange swaps contribute to financial fragility.
Read more...Links 2/15/2020
What the Heck Happened to Surprise Billing Legislation? (Or, It’s Never Too Late for the Lobbyists to Win)
Surprise billing is proving awfully hard to kill.
Read more...Believe It or Not, the Deepwater Horizon Oil Spill Was Even Worse Than Previously Thought
he legacy of Deepwater Horizon lives on, and not in a good way.
Read more...Last Minute Mini-Meetup in Dallas Tomorrow Night!
Announcing a flash meetup in Dallas. Hope you can join despite the very short notice!
Read more...Another Sign of Social Decay: Seniors Alone, Unable to Care for Themselves
More grim facts about seniors show the costs of weakened social bonds and communities.
Read more...Subprime Auto Loans Explode, “Serious Delinquencies” Spike to Record. But There’s No Jobs Crisis, These Are the Good Times
Nearly a quarter of all subprime auto loans are 90+ days delinquent. Why?
Read more...Psychologist Explains Why Economists—and Liberals—Get Human Nature Wrong
Why moral psychology can help us see ourselves and each other more clearly than economists’ homo economicus.
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