David Davis Points Out Brexit “Breakthrough” Isn’t Binding as Draft European Council Statement Tightens the Screws
More discussion of the overhyped Brexit “breakthrough” of last Friday.
Read more...Author Archives: Yves Smith
How Hayek’s Evolutionary Theory Disproves His Politics
How critics of Hayek, like those of Marx, fixate on his politics and ignore his important economic insights.
Read more...Links 12/9/17
Stop Talking Affordable Water and Start Talking Poverty
By David Zetland, who worked on water policy for 10+ years and is an assistant professor of economics at Leiden University College in the Netherlands. Originally published at Aquanomics Circle of Blue published this long, aggravating article of the efforts of activists, water managers and (far too many consultants) to “find a compromise” on the […]
Read more...DNC’s Unity Commission Further Dividing the Party
It should come as no surprise that “unity” in the Democratic Party means purging dissidents.
Read more...Fast-Fashion’s Environmentally Destructive Habits
Fast fashion is cheap for bad reasons.
Read more...Links 12/8/17
Brexit “Breakthrough”: Headfake or May Trying to Engineer Further Capitulation to EU?
The UK has managed show “sufficient progress” so as to be allowed to go to the\ next phase of Brexit talks. But what does that really mean?
Read more...MIT Professor Angrist Publishes Obviously Misleading Analysis of Uber Driver Economics….With Uber Chief Economist as Co-Author
More Uber boosterism masquerading as analysis.
Read more...More Climate Change Refugees Means More Walls
Yves here. We’ve pointed out that since the early 2000s, Defense Department analyses have been anticipating climate-change-induced mass migrations. As this post describes, they are happening at at an accelerating pace. By Todd Miller, who has written on border and immigration issues for the New York Times, Al Jazeera America, and the NACLA Report on […]
Read more...Catalonia: Political Prisoners or an Extrajudicial Elite?
A close look at events before and after Catalonia’s referendum to test the validity of the main claims made by the separatists.
Read more...Links 12/7/17
Benign Effects of Automation: New Evidence from Patent Texts
A new study on automation suggests that even if the robots are coming for your job, they create even more jobs.
Read more...Bitcoin Could Cost Us Our Clean-Energy Future
The insane trajectory of the energy cost of bitcoin mining.
Read more...Republicans Plan to Cut Food Stamps as Homelessness Rises in the US
Republicans want to take food out of children’s (and adults’) mouths by cutting food stamps. One likely result is an increase in homelessness.
Read more...