GAO Report Finds Rural Postal Service Remains Essential
More evidence that cutting back on rural postal service is a bad idea.
Read more...Author Archives: Yves Smith
Announcing Friday Sept. 22 Meetup in Kansas City and Wed. Nov. 15 Meetup in Atlanta
Announcing part of our fall meetup schedule!
Read more...Hurricane Harvey Throws Global Oil Markets Into Chaos
By Nick Cunningham, a Vermont-based writer on energy and environmental issues. You can follow him on Twitter: @nickcunningham1. Originally published at OilPrice The most powerful Hurricane to hit Texas in more than 50 years has devastated much of the coast, and the historic flooding is now causing havoc in the energy markets. The rain is […]
Read more...Will Disappointing Tax Reform Puncture the Stock Market Bubble?
Why the Trump tax reform is likely to be a damp squib.
Read more...What Does the Surprise Selection of Expedia’s Dara Khosrowshahi as CEO Mean for Uber?
Does the choice of Expedia’s Dara Khosrowshahi to be Uber’s CEO increase the odds of the local transportation company’s success?
Read more...Links 8/26/17
NC Classic: The Tinkerbell Market
A classic from our market commentary in the runup to the financial crisis.
Read more...Data Scientist Cathy O’Neil: “Algorithms Are Opinions Embedded in Code”
On the real and present dangers of rule by algorithm, or as Lambert has called it, “code as law”.
Read more...Why You Should Be Very Skeptical of Google’s and ProPublica’s “Hate Crimes” Initiative
Google and ProPublica launch a new “hate crimes’ tracker that isn’t, and may never be, ready for prime time.
Read more...Links 8/25/17
More Duelling Court Filings in Uber’s Kalanick v. Benchmark Death Match
An update on the pitched battle at Uber between the Kalanick and Benchmark factions.
Read more...If You’ve Never Lived in Poverty, Don’t Tell Poor People What They Should Do
Why being poor is expensive.
Read more...How Alfred McCoy Stalked the CIA From Its Heroin Trail to the Surveillance State
Alfred McCoy’s soon-to-be-released book on the CIA is already rocking boats. This post adapted from it shows why.
Read more...“How to Run a Cheap Foreign Labor Economic Model”
An illustration of how the debate on globalization too often, mistakenly, fixates on labor costs as a driver of “competitiveness”.
Read more...UK Trying to Renegotiate Shape of the Brexit Table, Which Will Effectively Shut Down Talks
The UK is managing to make its bad Brexit situation worse.
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