Author Archives: Yves Smith

U.N. Report: ‘Human Rights Might Not Survive’ Climate Crisis

Not surprisingly, the poor, particularly in developing countries, will be devastated by climate change.

Mobility and the Desire for Sovereignity in Europe

Lack of geographic mobiliity is a major culprit in the rise of nationalism.

Links 7/3/19

Congress Sniffing Around Botched McKinsey Studies Depicted as Impairing Intelligence Agencies

McKinsey is in hot water again.

Charter Schools Unleashed “Educational Hunger Games” in California. Now It’s Fighting Back.

Andrea Gabor, author of “After the Education Wars,” discusses how California is pushing back on millionaire-driven charter schools. Will the rest of the America follow?

”Maximum Pressure” Campaign Fails To Kill Off Iran’s Oil Exports

Iran and the US look deadlocked.

One Hundred Years After World War I, Are We Heading Back to the Abyss?

The odds of a major war, even one that could fracture the world order, appear uncomfortably high.

Links 7/2/19

Takers and Makers: Who Are the Real Value Creators?

Why stories from “value creators” should be taken with a fistful of salt.

Brexit Radicals

Looking for cheery news on Brexit? You’ll have to look awfully hard.

Rebel Economist Breaks Through to Washington on How Shareholder Value Theory Rewards the Undeserving

How William Lazonick persuaded pols and pundits that the shareholder value theory was bad for business and society.

How Media Workers are Organizing in the Dual Economy

With journalism moving from a stable to a precarious profession, digital media workers have gotten serious about organizing.

Escape(d) from New York

We are now officially out of New York.

Are Cryptocurrencies the First Crack in the Wall to Regulate Facebook?

Like Icarus, the social media monopoly is flying too close to the sun and generating much regulatory heat, which could eventually lead to its downfall.

How Judges Kill: Sealing Corporate Records Showing Destructive Behavior Based on Dubious “Trade Secret” Claims

Judges who are unduly deferential to corporate secrecy demands are literally killing Americans.