Misunderstanding Volcker
A reappraisal of Volcker, who was more hostile to workers and less hard on financiers than the press would have you believe.
Read more...Author Archives: Yves Smith
A Window into European Versus US Management
Evidence keeps accumulating that American management is rotten.
Read more...“Less-Lethal” Weapon Abuse in Chile
On the deliberately vicious use of supposedly use of less lethal weapons.
Read more...BBVA Compass Fails to Dispute, Much the Less Remedy, Retaliatory Swatting, Disclosure of Confidential Information, and Reckless Treatment of Elderly Customer
BBVA has not denied that an officer swatted an elderly woman on fabricated grounds as retaliation for documenting his reckless advice.
Read more...Elizabeth Warren’s “Foreign Policy”
Yves here. I hate to seem unduly hard on Warren, but she has made having detailed and supposedly well informed policy positions here calling card. This post by Ilargi examines one she volunteered, as opposed to backed into by being questioned in an interview or a debate. By Raúl Ilargi Meijer. an editor at Automatic […]
Read more...Links 12/7/19
The Geography of EU Discontent
The EU’s flyover, meaning areas in economic decline, are also its hotbeds of discontent and anti-EU sentiment.
Read more...Financialization of the U.S. Pharmaceutical Industry
A takedown of the pharmaceutical industry’s assertion that it need to price gouge so it can invest in R&D. Profits go almost entirely to various forms of looting.
Read more...US Targets Wage-Repression Model in Mexico, Demands Inspections, Industry Has a Cow
A proposed provision in the so-called “NAFTA 2.0” to increase autoworker wages in Mexico is raising hackles south of the border.
Read more...Coal Is Dead, But China Is Reviving It
Bad climate news: coal is far from over.
Read more...Why Hospitals Never Have Enough Nurses: The Explanatory Power of “Prasad’s Law” of Wealth Concentration
Nurses, or more accurately, nurse staffing levels demonstrate a central bad incentive in American medicine.
Read more...CalPERS Should Thank Us for Publicizing, and Therefore Undermining Their Repeated Efforts to Hand Private Equity Portfolio to BlackRock: BlackRock’s Mark Wiseman Fired for Affair With Subordinate, Leading to Suspension of New Investments from “Warren Buffett” Style Megafund
How we helped CalPERS, despite the fund’s concerted efforts, dodge a BlackRock bullet.
Read more...‘Dark Waters’ Tells the Origin Story of a Public Health Nightmare. We’re Still Living It.
On a docu-drama that recounts the first major suit against toxic “forever chemicals” and what’s being done about them now.
Read more...Links 12/5/19
Questioning Innovation
Why innovation isn’t necessarily a good thing.
Read more...