J.D. Alt: Fiat Money and Three Big Societal Challenges
How fiat money denialism, also know as austerity and deficit scaremongering, is undermining the public’s ability to tackle pressing challenges like climate change.
Read more...Author Archives: Yves Smith
Links 3/17/18
Economists Shocked That China Invalidates Their Pet View That Economic Liberalization Producers Political Liberalization
Another economic fantasy, that the trade liberalization promotes the spread of democracy, takes some hard knocks from China.
Read more...NYC’s Fauxgressive Mayor De Blasio Turning into a Charter School Cheerleader
De Blasio again shows that he does not live up to his progressive branding.
Read more...Announcing Tucson Meetup for Friday, April 6
Calling Tucson! Please come to the first NC meetup there on April 6!
Read more...How Well Does Financial Regulation Work?
Sadly, reactive regulations don’t have a great track record.
Read more...Links 3/16/18
Jay Clayton’s SEC Lets Theranos Founder Elizabeth Holmes Get Away With Brazen Fraud
The SEC did Elizabeth Holmes a monster favor with its pathetic settlement over her “massive” Theranos fraud.
Read more...Thousands of Students Protest Gun Violence
A first-hand report on some of the student gun protests in California.
Read more...Senate Expands ‘Lobbyist Bill’ to Deregulate Real Estate
Why the plan to weaken regulation of commercial real estate lending isn’t such a hot idea.
Read more...Bottled Water, Brought to You by Fracking?
A new reason not to like bottled water.
Read more...What Is CalPERS Trying to Hide? Plans to Eliminate Transcription of Board Meetings, A Giant Step Backwards in Transparency and Accountability
CalPERS plans to take a big step backwards in terms of governance and credibility via getting rid of transcription of board meetings, when the cost is a pittance compared to the benefits.
Read more...Announcing Our Plan to Launch “CalPERS Central” Transcript Portal
Presenting our plan to make the record of CalPERS’ past and ongoing board meetings accessible to the public via a transcript portal.
Read more...50th Anniversary of Martin Luther King’s Last Speech: Have We Left the Haunted House?
King described the problem of structural racism in his final speech and how the US commitment to Vietnam was hurting blacks disproportionately. What if anything has changed?
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