Author Archives: Yves Smith

“It’s Not Just Barclays – Tackling Climate Change Means Building a New Bank System”

A discussion of using bank lending as a way to tackle climate change.

ZEN and the Art of Modern Money, Part 3 (MMT)

More MMT for people in a hurry.

Why Everyone in the U.S. Who Counts Wants Julian Assange Dead

Keep your eye on what Assange’s real offenses are in the minds of the officialdom.

ZEN and the Art of Modern Money, Part 2 (MMT)

MMT for people in a hurry.

The Roots of Health Inequality and the Value of Intra-Family Expertise

Having doctors in the family is good for your healh. Who’d have thunk it?

CalPERS Admits It Is Nowhere on Its New Private Scheme After More Than Two Years

Why CalPERS’ private equity “new business model” dithering is looking an awful lot like Brexit.

Why Charter School Proponents Have Lost Many of the Democrats Who Once Supported Them

Why some liberals are coling on charter schools.

Links 5/10/19

Gabriel, R.I.P.

My good friend Gabriel is gone.

Why You Should Back the Sanders/AOC Plan to Cap Credit Card Interest Rates at 15%, Re-Launch the Postal Savings Bank

A new bill by Bernie Sanders and Alexandria Ocasio-Cortez seeks to limit credit abuses and make banking more accessible.

The Shale Boom Is About To Go Bust

Have more aggressive shale development techniques simply front-loaded production?

Perhaps It’s Time to Start Worrying About Global Corporate Debt, Suggests Bank of England

China’s exploding corporate debt is a cause for pause.

Links 5/9/19

Brexit: Stuck

Nearly a month into the EU’s Brexit extension and no progress.