Author Archives: Yves Smith
Questioning Innovation
Why innovation isn’t necessarily a good thing.
Read more...Tucker Carlson Tears into Vulture Capitalist Paul Singer for Strip Mining American Towns
Tucker Carlson takes on the feared vulture capitalist Paul Singer as an examplar of how hedge funds are destroying American communities.
Read more...The Debt Delusion
A short take on John Week’s new book, The Debt Delusion, and why it matters.
Read more...CalPERS Still Owns Toxic National Enquirer Via Hedge Fund Chatham; CEO Marcie Frost Falsely Says It Was Sold; Columbia Journalism Review Depicts Pending Sale as a Sham
CalPERS is trying to pretend it is done with the National Enquirer. A pending sale would still have CalPERS subsidizing the Enquirer’s costs.
Read more...Why the UK Needs a Financial Transaction Tax
Claims that a financial transaction tax would be difficult to implement and raise little revenue are fake news.
Read more...Opening of Formerly Secret FDA Database Exposes Medical Device Failures, Spurring Lawsuits
The FDA kept a database of medical device malfunctions secret for decades.
Read more...Wealthy Countries’ Approach to Climate Change Condemns Hundreds of Millions of People to Suffer
Emerging economies want large scale subsidies from their richer brethren to pay for them to move to green energy sources.
Read more...J.D Alt: The People’s Money (Part 4)
Why a Green New Deal looks like it will create a money, as in spending, as in inflation problem. Rest assured, there is an answer….
Read more...Links 12/3/19
Private Equity’s Uninvested “Dry Powder” and Falling Returns Reflect a Bigger Problem: The End of a Long Term Disinflationary Tail Wind
The press is finally becoming skeptical of private equity’s claims that it generates superior returns, demonstrated by a Monday Wall Street Journal story, Private-Equity Cash Piles Up as Takeover Targets Get Pricier1 and a Bloomberg article yesterday, ‘Peak’ Private-Equity Fears Are Spreading Across Pension World. This follows a Mark Hulbert piece in MarketWatch, whose title […]
Read more...An Introduction to the State of Energy Storage in the U.S.
A look at energy storage options in connection with wind and solar power is not entirely reassuring.
Read more...Hubert Horan Discusses Uber on Harry Shearer’s Le Show
Hubert Horan eviscerates what passes for the Uber business model on Harry Shearer’s Le Show.
Read more...What This Election Proves Is the Need for Epoch Making Change
The upcoming UK election will usher in major change. But will it be change that benefits ordinary people?
Read more...America’s War Exceptionalism Is Killing the Planet
War is America’s new normal, and it’s deadly.
Read more...