And Now This Message From Some Very Rich People: ‘Please Raise Our Taxes’
Some wealthy people point out they wouldn’t even notice, much the less mind, the sort of increases in taxes now under discussion.
Read more...Author Archives: Yves Smith
Links 2/14/19
Brexit: The Test of the Ultras?
Another supposed big Brexit day in Parliament. Will this prove to be yet another damp squib?
Read more...If Medicare for All Is Politically Impossible, “All Payer” Could Fix the System
How an “all payer” program could be a big and politically palatable step towards fixing America’s broken health care system.
Read more...China’s Mountain Of Debt Is About To Crumble
A worrying update about China’s corporate debt.
Read more...Climate Damages: Uncertain but Ominous, or $51 per Ton of Carbon?
The dark and contested art of pricing carbon emissions.
Read more...Links 2/13/19
Even Endowments Not Beating Vanguard….So What Good Are Those High Fee Private Equity and Hedge Funds?
Even endowments, the supposed best of best among diversified investors, are finding that their old alternative investment mojo isn’t working these days.
Read more...A Study in Professional Power: Why Do the Big 4 Accountants Survive?
How the Big 4 accountants cemented their position and why that matters.
Read more...On Modern Monetary Theory (#MMT)
Mainstream economists are finally deigning to notice MMT.
Read more...How Neoliberalism Is Normalising Hostility
Tracing how neoliberalism has corroded social values.
Read more...Links 2/12/19
“Reverse Location Search Warrant”: A New Personal Data Hoovering Exercise Brought to You by Google
Welcome to reverse location search warrants, yet another technology-enabled violation of your Constitutional rights.
Read more...On the Built-In Instability of Cryptocurrencies
Why volatility of cryptocurrencies is a feature, not a bug.
Read more...Pelosi Advisor Proposes Non-Binding Arbitration as Road to Lowering Drug Prices
Team Dem contemplates non-binding arbitration as a fix for high drug prices. Help me.
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