Why Carbon Prices Are Not Enough
A discussion of carbon taxes, cap and trade, and why neither is adequate by itself to change behavior.
Read more...Author Archives: Yves Smith
Links 2/27/19
Randy Wray: Response to Doug Henwood’s Trolling on MMT in Jacobin
Doug Henwood’s intellectually dishonest attack on MMT sadly shows how many soi-disant progressives are in fact hostage to neoliberal ideas.
Read more...Brexit: MPs Sink to a New Collective Low of Incompetent Acquiescence
Motion on the Brexit front does not necessarily amount to progress.
Read more...Nomi Prins: Survival of the Richest, The March of Inequality
A look at the history of the rise in inequality in the US.
Read more...The Yellow Vest Phenomenon and the Radical Right
While some protestors outside France are using the yellow vest to make demands for and end to austerity and greater economic fairness, in some countries, far right wingers are taking up the costume.
Read more...Links 2/26/19
Why Did Trump Choose to Be Such an Unpopular President?
Trying to make sense of Trump policies.
Read more...Wall Street Journal Story Confirms That CalPERS Plans to Overpay Grossly in Its New Private Equity Scheme
More proof (as if you needed it) that CalPERS is clueless.
Read more...Brexit Linkfest Special 2/26/19
Is May about to make a big Brexit U-turn or just fake one to hold a Cabinet revolt in abeyance?
Read more...How Much Will It Cost to Address Climate Change? Pennies Compared to the Alternative
Not surprisingly, climate change, if not checked, will have catastrophic economic effects.
Read more...Brexit: May’s Endgame
Theresa May presses on with her Brexit game of chicken.
Read more...Warren Buffett Denounces Deficit Hawkery in His Latest Shareholder Letter
Warren Buffett hasn’t yet become an MMT advocate, but he’s officially decided that worrying about Federal deficits is besides the point.
Read more...Links 2/23/19
Taxcast: The #LuxLeaks Tax Deals – Still No investigation? Plus Amazon’s $0 Federal Tax Payment
This month’s Taxcast focuses on why the LuxLeaks deals are getting a free pass, the financialization of aid, and Amazon’s tax machinations.
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