Wall Street Journal on Men With “Crack Cocaine” Level Addiction to Crypto and Options Betting
The post-2020 bull markets in stocks and crypto + seductive trading apps have produced a big increase in gambling addiction.
Read more...Author Archives: Yves Smith
Trump’s 2017 Tax Cuts Expire Soon − Study Shows They Made Income Inequality Worse and Especially Hurt Black Americans
The first-term Trump tax cuts, increased inequality. So why does there seem to be so much complacency about their renewal?
Read more...What Happens When Trump’s “Negotiations” Over Ukraine Quickly Hit the Wall?
The much-hyped US-Russia “negotiations” over Ukraine look dead on arrival. How will the heavily-invested Trump react?
Read more...Montana Supreme Court Upholds Historic Youth Climate Lawsuit Win
The Montana Supreme court affirmed a lower-court ruling for young plaintiffs who sued the state for violating the”right to a stable climate”.
Read more...Political Distrust and the Populist Alt-View Trap
More handwringing about populist political figures, and what can be done to counter their messaging successes.
Read more...China’s Push for 7% Growth Faces Big Challenges
China plans to return to a higher level of growth. Are its targets attainable?
Read more...The Destructive Legacy of Failed Aquaculture
Canada plans to shut down open-net-pen salmon farming by 2029. But removing aquaculture infrastructure is challenging and costly.
Read more...A Tale of Two Pandemics
A look at two pandemics, HIV and COVID-19, shows how much public health has suffered due to the advance of neoliberalism.
Read more...Elite College Antitrust Lawsuit Digs into Violation of Exemption via Preferring the Rich
The latest shoes drop in an antitrust suit against five elite schools over money playing a role in admissions, a violation of a legal carveout.
Read more...Trump’s Picks for Top Health Jobs Not Just Team of Rivals but ‘Team of Opponents’
If confirmed, RFK, Jr. will have key subordinates with some views opposed to his. What might this mean for health policy?
Read more...Tom Neuburger: Why CEOs and the Very Rich Should Receive Enhanced Protection
Why CEOs and squillionaries deserve the very best protection money can buy.
Read more...Links 12/17/2024
It Is Possible to Have a Flat Tax, or to Have Democracy, but Not Both
Why a flat tax is yet another scheme to further enrich the rich and weaken the political power of ordinary citizens.
Read more...Rebooting Antitrust’s Economic Theory to Focus on Social Welfare
New Brandesians oppose the flawed mainstream antitrust “consumer welfare” theory. A social welfare standard would be even better
Read more...Zeitgeist Watch: Wall Street Journal Readers Criticize Article Defending Illegal Immigration Because Employers
Presumed pro-business Wall Street Journal readers are largely unsympathetic to employers pleading to keep temporary visa staffers.
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