Author Archives: Yves Smith

NC Open House/House Cleaning in NYC Sunday 6/23 With Book Giveaways, Other Goodies

Hope you can stop by our open house on Sunday June 23 for some conversation and giveaways.

Meetups This Week! Hope to See You in Cleveland This Wed or in Chicago This Thursday

If you live nearby, hope to see you in Clevaland or Chicago later this week for some enjoyable and energetic discussions.

China-Russia Partnership Threatens US Global Hegemony

America expected China to join the international economic community as a subordinate power, but China’s deals with Russia show China moving towards parity in economic and military sway.

Eight Reasons Why Inequality Ruins the Economy

Econimists have noticed, awfully late in the game, that high levels of inequality are correlated with lower growth. There are reasons to think this relationship is causal.

As Developing Countries Reject Plastic Waste Exports, Wealthy Nations Seek Solutions

Chinese and emerging economy bans on accepting plastic waste exports have put the the First World in a bind. Will they quit their plastic habit?

Seventeen Ways to Think About the Finance Curse

A recap of the issues surrounding the Finance Curse, the advanced economy economy analogy of the resource curse.

Richard Murphy: For MMT (Long and Wonkish)

MMT opponents try presenting their objections as technical, but they really are political.

Links 6/6/19

Protecting Yourself from Amazon Violating Your Air Rights and Privacy by Drone Trespassing

In the unlikely event the Amazon drone delivery service gets to be anything other than for show, some ideas for how to protect your rights.

Chinese Embargo Threats Ring Hollow—the Reason Why Lies in Rare Earths

Supply chains are multinational in scope and supply. A trade embargo is ultimately self-defeating.

$1 Trillion: The Cost Of Climate Change For Corporations

Another effort to cost out some of the effects of climate change.

The Economic Cost of Devastating Hurricanes and Other Extreme Weather Events Is Even Worse Than We Thought

irming up the math on the economic cost of climate change makes a bad picture look worse.

Brexit Dithering

The Bexit noise to signal ratio continues to be awfully high thanks to the Tory leadership contest.

Does Japan Do MMT?

In case you had any doubts, Japan is not following MMT economic policy prescriptions.