As Covid-19 Patients Skew Younger, Tracing Task Seems All But Impossible
Why Covid-19 infecting younger people is making disease contaiment harder.
Read more...Author Archives: Yves Smith
Covid-19 Economic Realities Sinking in as Denialism Wanes, Desperation Rises
Putting some ugly Covid-19 facts together.
Read more...While EU Leaders Squabble, The Elephant in the Room Remains Unnoticed
Why the EU Covid-19 rescue program is destined to be a sick joke.
Read more...Links 7/18/2020
There Can Be No Equality Without a Dramatic Renewal of Employment Opportunity for All American Workers
Workers, and above all black workers, lost out when unions came under attack and corporate profiteering and short-termism became the norm.
Read more...Why Africa’s Green Revolution Failed
A new report shows Africa’s Green Revolution is “failing on its own terms.”
Read more...Learning to Love State Capitalism
We’re constantly told that state capitalism is back. But these narratives are far from innocent.
Read more...Links 7/17/2020
Misunderstanding Public Pension Fund Implications of Thole v. US Bank and Mayberry v. KKR
How some commentators are misreading two recent court cases on pensions: Thole v. US Bank and Mayberry v. KKR.
Read more...Introducing *An Economic Program for American Democracy*
A 1938 economic manifesto makes modern day schemes look inadequate and unimaginative.
Read more...“Cancel Culture,” Race and the Greed of the Billionaire Class
Why cancel culture gets the elites off the inequality hook.
Read more...New Study Slams Public Pension Funds’ Alternative Investments as Drag on Performance, Identifies CalPERS as One of the Worst “Negative Alphas”; Shows Folly of CalPERS’ Desperate Plan to Increase Private Equity and Debt and Go Bigger Using Leverage
A new paper shows that public pension fund investment in “alts” like real estate and private equity hurt returns and failed to lower risk.
Read more...The European Union’s Fateful Choices for Recovery – An Italian Perspective
To fight COVID-19, the European Union must recognize that spending restraints have to go.
Read more...Covid-19 Bankruptcies Bleeding Out Jobs, Economic Capacity
Covid-19 bankrupties show how the disease is draining the economy.
Read more...What to Do if COVID-19 Is Here to Stay
If Covid-19 can’t be beaten soon, how do we cope?
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