Marshall Auerback: All of Our Bets on China Have Been Wrong
Due to Western misperceptions and China’s rising authoritarianism, the current trade war is evolving dangerously into Cold War 2.0.
Read more...Author Archives: Yves Smith
CalPERS’ Bill Slaton (Again) Embarrasses Himself and the CalPERS Board
CalPERS board member Bill Slaton demonstrates why he needs to go sooner rather than later.
Read more...How Immoral Are Laissez Faire Ideologues? Ask About Drones.
Drones illustrate why lack of regulation isn’t such a hot idea.
Read more...Short-Term Rentals and the Housing Market: Evidence from Airbnb in Los Angeles
Confirming Airbnb’s effects on rentals and home prices.
Read more...CalPERS CEO Marcie Frost Pressed Senior Staff to Wear Burgundy to Show Loyalty
No matter how bad you think it is at CaPERS, it’s worse.
Read more...“Alexa, Launch Our Nukes!” Artificial Intelligence and the Future of War
Great. Will the new maxim of war be, “He who controls the training set controls the future”?
Read more...Brexit: “Managed No Deal” and Referendum Unicorns Dispatched, but How Long Before Anyone Notices?
More seemingly bad news for the UK on the Brexit front…save none of this should come as news.
Read more...Why Is CalPERS Out to Give Roundly Defeated Ex-Board Member Priya Mathur a Glamorous Boondoggle, and Poke a Stick in the Eye of Beneficiaries and Board Members in the Process?
CalPERS again insists on doing the wrong thing.
Read more...Debate: The ‘Gilets Jaunes’ Movement Is Not a Facebook Revolution
Clearing up misperceptions about the gilet jaunes and the role of social media in organizing.
Read more...Links 12/15/18
What the US Could Learn from Thailand About Health Care Coverage
The fact that a low-income country like Thailand has universal health care coverage should put the US to shame….except our elites are incapable of that.
Read more...Writers Silenced by Surveillance: Self-Censorship in the Age of Big Data
“We asked Scottish writers how online surveillance has impacted on their work. The answers we got were shocking.”
Read more...Trump Models His War on Bank Regulators on Bill Clinton and W’s Disastrous Wars
Why “partner” is the last word you want to hear from the mouth of a bank regulator.
Read more...Brexit: Unicorns Rampant
The UK continues to flail about as the Brexit clock keeps ticking.
Read more...CalPERS Admits Its New Private Equity Funds Will Dilute Returns, Seeks to Change Benchmark to Hide That; Presents Other Questionable Claims as Top Investors Underperform Due to “Alternative Investments”
Awfully late in the game, CalPERS finally tries to ‘splain its private equity plans. The giant fund only digs its hole deeper.
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