Author Archives: Yves Smith
The Payback: Why Aren’t Black Voters Rewarded by the Party That Depends on Them to Win Elections?
The Democrats don’t do much for black voters, and it’s getting a bit too obvious.
Read more...Why Australia’s Skilled Migration System Is Failing – Will the UK and US Take Note?
Why are skilled migrant programs not working all that well, in terms of employment outcomes?
Read more...Why Is the American Left So Prejudiced About the South?
Yves here. Having spent time in the South, in general, Northerners carry huge class prejudice against Southerns. The same way a British accent is worth 20 attributed IQ points, a Southern accent is an attributed reduction of about 10 points. The Southerns I know who are not treated that way are people who managed to […]
Read more...Links 2/7/18
Will Upcoming Brexit Negotiation Round Finally Cause Hard Core Brexiter Heads To Explode?
Brexit screeching gets ever louder as it becomes harder to keep reality at bay.
Read more...Bailed-Out RBS Systemically Forged Customer Signatures: Whistle-Blowers
It is not an exaggeration to call RBS evil. See some of the reasons why.
Read more...New Study Finds Cancelling Student Debt Provides Broad Economic Benefits at Low Cost
A new study out of Bard will no doubt produce a hissy fit among orthodox economists…assuming they don’t succeed in ignoring it instead In The Macroeconomic Effects of Student Debt Cancellation, Scott Fullwiler, Stephanie Kelton, Catherine Ruetschlin, and Marshall Steinbaum present a detailed examination of the costs of cancelling all student debt, public and private. […]
Read more...There’s a Much Smarter Way for Cities to Plan Their Futures
Why the “smart cities” movement needs to adopt better goals and metrics.
Read more...Economies of States Versus Economies of Cities
Why are some cities doing better than the states they inhabit?
Read more...The Revenge of the Places That Don’t Matter
The idea that people are attached to the places where they live has been ignored by economists and politicians, to their peril.
Read more...What Bernie’s Historic 2016 Teaches for 2020
Sanders’ near-win in the Democratic primary with no corporate support was a first, proving that small money plus a serious message can succeed
Read more...Mr. Market Has a Meltdown
Musing on the market swan dive yesterday.
Read more...Banks Wince as Wells Fargo Gets a Harder Than Usual Wet Noodle Lashing from the Fed
The Fed implements some new punishments at Wells Fargo, but this is weak tea when what is needed is rat poison.
Read more...The EU as Britain’s Constitutional Stabiliser?
More than it thinks, Britain may need EU membership to preserve its national integrity and ancient constitutional settlement.
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