Author Archives: Yves Smith
Income-Based Repayment Becoming a Costly Solution to Student Loan Debt
A proposal to fix income-based repayment schemes for student loan debt unwittingly illustrates the deficiencies of “preserve the status quo” approaches.
Read more...Post-Capitalists Must Understand the Role of Migration in Global Capitalism
Why the left needs to stop being naive about the economic uses of migration.
Read more...Announcing the 2019 Harry Shearer “Double Your Donation” Challenge!
Harry Shearer is making a big reader challenge! Will you take him up on it?
Read more...Links 10/11/19
Uber to Owe UK >£1 Billion in VAT if It Loses Appeal on Suit on Driver Status, Also Loses Liability Insurer
More bad news for Uber.
Read more...Computer Science Now Counts as Math Credit in Most States – Is This a Good Idea?
Tech squillionaires are the moving force behind a succesful campaign to have secondary schools in the US give math credits for computer science courses.
Read more...Does France Have an “Exorbitant Privilege”?
Why exorbitant privilege may not necessarily result from having the reserve currency, but instead from the tax games multinationals play.
Read more...Links 10/10/19
The Best Part of This Week
Some messages from around the world this week.
Read more...Unsustainable California: No Easy Remedy for PG&E Blackouts, Fire Risks
California prototypically lead the US. It’s PG&E infrastructure failure and lack of good remedies to escalating wildfire risks are the latest example.
Read more...Trump’s Withdrawal From Syria: Betrayal of Kurds or End to Endless War?
President Trump’s plan to withdraw from Syria generated widespread outrage in the US. But what would it mean for the key players in the Middle East?
Read more...Marketers Want Even More Control Over Hospitals
Another distubing example of MBA infestation at hospitals.
Read more...Another Generous Reader Steps Up With a 20 Donation “Double Your Donations” Challenge!
Another benevolent reader makes a fundraiser “Double Your Donations” challenge. Please take up this generous offer. Thanks so much!
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