Author Archives: Yves Smith
The Delphic Oracle Was Their Davos: A Four-Part Interview With Michael Hudson: The Inherent Financial Instability in Western Civilization’s DNA (Part 3)
By John Siman, who is also the author of Part 1 and Part 2 in this series John Siman: It seems that unless there’s a Hammurabi-style “divine king” or some elected civic regulatory authority, oligarchies will arise and exploit their societies as much as they can, while trying to prevent the victimized economy from defending […]
Read more...Brexit: Shambles
More Brexit faffing about when that’s the last thing the UK can afford.
Read more...As GOP Deploys ‘Nuclear Option’, New Reports Detail Damage Done By Trump’s Far-Right Takeover of Judiciary
In just under two years on the bench, Trump’s narrow-minded elitist judges have already harmed workers, consumers, voters, immigrants, reproductive rights, and many more.
Read more...Confirming Upcoming Meetups: Washington, Friday April 12; Boston, Thurs April 25; Milwaukee Wed May 1; Minneapolis Thurs May 2
Providing details for upcoming meetups. See you soon!
Read more...Yasha Levine: Respectable Racists
Racists are well tolerated in liberal bastions in America….as long as they are the right sort of racist.
Read more...Links 4/3/19
The Delphic Oracle Was Their Davos: A Four-Part Interview With Michael Hudson: Mixed Economies Today, Compared To Those Of Antiquity (Part 2)
How mixed economies have mixed it up over time.
Read more...Brexit: Pandemonium
Is May’s latest Brexit gambit a roll of the dice or meant to be a road to nowhere?
Read more...Money Talks, Big Time: 1% Politics and the Scandals of A New Gilded Age
A social order where the power of money plays an outsized role looks illegitiamate, particularly when citizens have been sold the myth of meritocracy.
Read more...World Bank Financializing Development
Why having public sector development funds “leverage” private capital is a bad idea.
Read more...The Delphic Oracle Was Their Davos: A Four-Part Interview With Michael Hudson About His Forthcoming Book The Collapse of Antiquity (Part 1)
Michael Hudson describes how, in antiquity in Greece and Rome, emerging oligarchs ended the practice of debt jubilees, impoverishing laborers.
Read more...Yasha Levine: Silicon Valley and “Communication Weapons of War”
Turns out Silicon Valey isn’t all that innovative on the propaganda front.
Read more...Brexit Brief
Another day of Brexit confusion.
Read more...How American Recycling Is Changing Now that China Won’t Take It
The US recycling approach of using the rest of the world as it garbage barge has come to an end. What next?
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