Trump Reportedly Greenlights Plan for US Attack on Iran Without Congressional Approval
The Trump administration barrels toward U.S. intervention in Iran, with neither reality nor Congress serving as a check.
Read more...Author Archives: Yves Smith
Will Iran Actually Close the Strait of Hormuz? Eni CEO Weighs In
Investors seem unduly chill about the risk that a US attack on Iran will produce a formal or de facto closure of the Strait of Hormuz.
Read more...Via the False Claims Act, NIH Creates Another Weapon for Ideological Enforcement at Universities
Universities are loath to take NIH funding due to “evil” grant terms that make ideological non-compliance subject to False Claims Act damages
Read more...What’s Next for Capitalism — Reinvention or Authoritarian Rule?
In Capitalism and Its Critics, John Cassidy presents historical foes of monopoly, inequality, environmental peril, and authoritarianism
Read more...The Economic Consequences of the Second Trump Administration: A Preliminary Assessment
An overview of the economic impact of Trump’s second term flurry from some Serious Economists. They don’t find much to like.
Read more...Links 6/18/2025
Rob Urie: As Goes Iran, So Goes Humanity
Discussing the risk of nuclear escalation in Iran.
Read more...Plans for More Intense Censorship if US Joins Israel Attack on Iran?
A Twitter post gives a credible forecast of the intensification of censorship that is in store if the US directly attacks Iran.
Read more...Laith Marouf on Iran’s Escalatory Path and Its Expectations of a Long War
Lebanon-based jouranlist Laith Marouf provides some granular detail on Iran’s and Israel’s operations and what might come next in the war
Read more...Links 6/17/2025
Generative AI in Universities: Grades Up, Signals Down, Skills in Flux
Yet more confirmation that student use of AI comes as the expense of skill acquisition. So why get educated?
Read more...‘Not Accountable to Anyone’: As Insurers Issue Denials, Some Patients Run Out of Options
Health insurers are behaving even more badly, yet advocates do not seem to be pushing for the remedy of external appeal for denials.
Read more...Does TACO Have Predictive Value? Pressures on Trump With Respect to Joining Israel in its Iran War
The war situation with Iran is not necessarily developing to the advantage of Israel, and Trump has to decide what to do.
Read more...The Economics of Undyed Hair Roots
Monitoring a recession indicator: hair salon visits, or more accurately, their reduction.
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