The Economic Cost of Devastating Hurricanes and Other Extreme Weather Events Is Even Worse Than We Thought
irming up the math on the economic cost of climate change makes a bad picture look worse.
Read more...Author Archives: Yves Smith
Brexit Dithering
The Bexit noise to signal ratio continues to be awfully high thanks to the Tory leadership contest.
Read more...A Bernie Sanders Narrative for Seniors
Some ideas for what Sanders could do to raise his standing among Democratic Party seniors.
Read more...Does Japan Do MMT?
In case you had any doubts, Japan is not following MMT economic policy prescriptions.
Read more...Links 6/4/19
FANGMAN Stocks Crushed by Potential “Unprecedented, Wide-Ranging Probe” into Google, Apple, Facebook, Amazon
The authorities have come to realize that monopolists like Google and Amazon aren’t good for the health of the economy or even (despite their tech sheen) “innovation”.
Read more...Analysis: Why Alexa’s Bedside Manner Is Bad For Health Care
Hoo boy, trusting Alexa for health care. What could go wrong? A lot, it turns out.
Read more...Could Air Travel Become an Early Casualty of Climate Change?
Might air travel take a serious hit from climate change before polic-makers work up the nerve to intervene?
Read more...St. Louis Fed Study Shows Rising Level of Financial Desperation Among the Poor, Hidden by Aggregates
A new St. Louis Fed analysis shows the wealth of areas in financial distress deteriorated from 2015 to 2018, reversing a pattern of gains that had started in 2010.
Read more...Michael Klare: US Plans to Muscle Up for “Great Power” Conflict With China
The US military wants to be able to take on China. A little late for that.
Read more...Links 6/1/19
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.
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