Author Archives: Yves Smith

Trump’s Fannie/Freddie Privatization Giveaway: Why GSE Reform Is Hard

GSE reform is baack! Or not.

Want To Reduce Suicides? Follow The Data — To Medical Offices, Motels And Even Animal Shelters

A new effort at reducing suicides by understanding them better is showing promising results.

Brexit: Past the Event Horizon

Slouching towards Brexit.

Working Conditions on Digital Labour Platforms: Opportunities, Challenges, and the Quest for Decent Work

A large scale study confirms that labour platforms, also known as crowdwork, are exploitative.

Links 9/21/19

Trump May Get Much of the World’s Manufacturing Out of China, but It Won’t Be Coming Back to the U.S.

Chimerica” is dead—even if Trump’s trade war ends in a draw.

Ending Temp Workers Is at Center of Auto Workers Strike

How temp workers are a way to implement Jay Gould’s plan: “I can hire one half of the working class to kill the other half.”

Iran Doesn’t Want Conflict, Says Foreign Minister Javad Zarif, But Any US-Saudi Attack Would Spark ‘All-Out War’

Iran once again has to tell the West what it ought to have figured out by now.

Links 9/20/19

The Fed Has Not Covered Itself in Glory: Fed Funds Mess Edition

Why the Fed should be embarrassed.

CalPERS Short-Changed by CIM in Pay-to-Play/Bribery Scandal; Looks Like Apollo Stiffed CalPERS Too

How CalPERS was cheated by conniving fund managers, as is pervasive among private equity investors.

Why Degrowth Is the Only Responsible Way Forward

Why degrowth is necessary and potentially attractive.

The Financial Times’ Martin Wolf Discovers that Rentier Capitalism and Financialization Increase Inequality and Hurt Growth

Martin Wolf has a big think about what is wrong in and discovers rentier activity.

Urgent Culture For A Foot-Dragging Congress

A climate change museum tour for Congress.