Author Archives: Yves Smith

Michael Mann: We Are Even Closer To Climate Disaster Than IPCC Predicts

Why the already-scary new IPCC report isn’t scary enough.

Medicare Advantage Plans Shift Their Financial Risk To Doctors; Do Patients Win or Lose?

Are fixed fee pricing schemes for Medicare Advantage better for patients?

Links 10/9/18

Nobel Prizes in Economics, Awarded and Withheld (Climate Change Politics Edition)

How the Swedish Riksbank just put its finger on the scales of the climate change debate in a big way.

Italy’s New Fiscal Plans: The Options of the European Commission

What could the European Commission do if it decided to discipline Italy for defying budget rules?

Bankers’ Liability and Risk Taking

Why limited liability for banks is not such a hot idea.

Brexit Derivatives Risk: Did the City Overplay Its £38 Trillion Hand?

Novating UK derivatives contracts entered into by EU clearinghouse members is a ginormous mess, particularly in a Brexit crashout. But how serious a mess?

Brexit Crunch: Is the EU Trying to Save the UK from Itself? Is That Even Possible?

Brexit reaches the”overly dynamic” phase.

How Are We Doing on a ‘Green New Deal?’

Could a Green New Deal make enough of a dent in greenhouse gas emissions to halt global temperature increases?

Links 10/6/18

With the World on the Line, Scientists Outline the Paths to Survival

Scientists will deliver an urgent warning with the issuance of the latest IPCC reports, starting next week. But will politicians and the public respond?

Costing the Country: Britain’s Finance Curse

More discussion of the downside of having too much finance.

Inequality Represents a Wasted Opportunity for Poverty Reduction

If poverty is falling, why you should still care about what happens to inequality.

Links 10/5/18