Author Archives: Yves Smith

How Nutrition “Science” Made the US and Other Countries Fatter

A deep dive into how an unproven nutrition theory, that saturated fats cause heart disease, became gospel, to the public’s detriment.

Crowdfunding Christmas: Time to Boycott It’s a Wonderful Life

How It’s a Wonderful Life sentamentalizes and reinforces the misguided policy idea that money is scarce and a private good.

Links 12/25/17

Financial Stability Regulations: A (Non) Progress Report

A survey of major financial reform initiatives finds they have been insufficient. That’s not an accident.

Debunking Mainstream Economists on Secular Stagnation and the Loanable Funds Fallacy

An important, accessible takedown of the loanable funds theory, on which a ton of bad policy rests.

Links 12/22/17

Thomas Cox: A Sweet Christmas Gift for a Client in Maine

Nationally famed foreclosure defense attorney Tom Cox scores a Maine Supreme Court win that saved a client’s home right before Christmas.

Holiday Schedule

Gaius Publius: New Study Evaluates Climate Models — Best Ones Also Show the Most Global Warming

A new study of the performance models shows more convincingly than ever that we are cooking our collective goose.

Larry Summers: Reagan’s Tax Plan Was Better Than Trump’s

Summers on inequality, the GOP tax plan, and US economic prospects.

Defining the Tax Reform Battleground

How tax “reform” policy discussions reinforced destructive economic ideas.

Exposure to Brexit in Regions on Both Sides of the Channel

A granular analysis of which regions will lose most from Brexit.

Quelle Surprise! Apple Rips Off Owners of Older iPhones

More evidence of Apple crapification and customer abuse.