Author Archives: Yves Smith
The Intergenerational Effects of a Large Wealth Shock: Evidence from the US Civil War
The US Civil War did not do lasting damage to the economic position of wealthy slaveholding famiies.
Read more...Why Democratic Presidential Candidates May Have to Choose Between Teacher Pay Raises and Charter Schools
Florida becomes a charter school battleground as communities fight a state law that diverts some of the proceeds from bond offererings, even ones approved for public school teacher salaries, to charter schools.
Read more...Lawmakers Push To Stop Surprise ER Billing
The legislative war to end balance billing moves forward in California.
Read more...Links 5/30/19
Hubert Horan: Can Uber Ever Deliver? Part Twenty: Will the “Train Wreck” Uber/Lyft IPOs Finally Change the Public Narrative About Ridesharing?
A post-mortem of the Uber and Lyft IPOs.
Read more...Is Conservatism Running on Brand Fumes?
Why the foundations of conservatism are crumbling.
Read more...Does Iran’s Economic Fate Depend on a Lifeline From China?
How China is likely to view defying US sanctions on Iran.
Read more...Reminder: Birmingham Meetup Tonight!
Come in from the heat to join our meetup!
Read more...Why Martin Wolf Is Wrong on Modern Monetary Theory (MMT)
A shame that someone like Martin Wolf does get the core idea of MMT but still really can’t or won’t accept its implications.
Read more...UBI Without Quality Public Services Is a Neoliberal’s Paradise
Why should governments give cash-handouts before providing free, quality public services to all?
Read more...Embattled CalPERS Board Incumbent Henry Jones Puts Foot in Mouth, Doubles Down on Strategy That Got Two Board Members Turfed Out
Will reform-minded former CalPERS board member JJ Jelncic be back in the saddle soon?
Read more...What Does It Mean to Live in a Multipolar World? We May Be About to Find Out
Possible American and EU responses to multipolar politics.
Read more...Advertising as a Major Source of Human Dissatisfaction: Cross-National Evidence on One Million Europeans
Advertising is bad for you! And not just your wallet!
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