Believing Six Impossible Things Before Brexit
Everyone around her is so weak that May still is very much in charge of Brexti, and that’t not a good outcome.
Read more...Author Archives: Yves Smith
Climate Policy: On Buying Insurance, and Ignoring Cost-Benefit Analysis
Rethinking the analysis of climate change risk.
Read more...Links 2/9/19
Cryptocurrency Firms Regularly Lose Codes and Money
Cryptocurrency is more vulnerable to theft and loss than most of its fans want to believe.
Read more...Reining in Leveraged Lending
Yves here. This article pre-supposes that readers understand that most leveraged lending is taking place as a result of private equity, via two routes. First, private equity funds use a great deal of borrowed money when buying companies. One of the biggest sources is so-called leveraged loans, which are normally originally made by banks, but […]
Read more...PR Powerhouse to Democrats: Don’t Be Mean to Starbucks
The Starbucks lady doth protest too much.
Read more...More on “Is CalPERS Private Equity Architect John Cole So Clueless He Doesn’t Know He’s Lying?”
More on how CalPERS will get its pockets picked in its newfangled private equity scheme.
Read more...Charter Schools Are Pushing Public Education to the Breaking Point
Not only do charter schools not improve student performance, but they are inefficient and drain resources from public schools. It should come as no surprise that resource-scarce schools who’ve also typically had their students cherry-picked have trouble.
Read more...Why Suburbs Must Be the Next Frontier for Cities Policy
The challenge of suburbs for social and environmental policy.
Read more...Links 2/6/19
Bernie Sanders’ “Raise the Wage Act” Would Make Life Better for 40 Million Americans: Analysis
A new Economic Policy Institute report also debunks the myth that raising the federal minimum wage primarily helps teenagers working for spending money
Read more...The American Tax Debate
Economists weigh in on the tax proposals by Alexandria Ocasio-Cortez and Elizabeth Warren.
Read more...African-Americans’ Economic Setbacks from the Great Recession Are Ongoing – and Could Be Repeated
African-Americans still trail badly in average income and wealth.
Read more...Floridians! Hope To See You at Our Fort Lauderdale Meetup Tomorrow Night, February 7
Hope you Sunshine state residents can make it to our Fort Lauderdale meetup!
Read more...Italy Guns For Glass-Steagall-Type Law to Break Up Banks, Cut Bailout Costs for Taxpayers
Italy pushes for some bold banking reforms….but how far can it get given the wobbly state of its banks and ECB hostility?
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