What We Did for You in the Past Year
A recap of our work for you (and the forces that tried to undermine us) over the last year.
Read more...Author Archives: Yves Smith
Fundraiser 2017: Then They Fight You
Launching the 2017 Naked Capitalism fundraiser!
Read more...Hy Minsky, Low Finance: Modern Money, Civil Rights, and Consumer Debt
MMT’s ultimate contribution to consumer finance is showing a world beyond the “Let Them Eat Debt or Let Them Eat Cash” approaches.
Read more...Links 9/30/17
Gaius Publius: The American Flag and What It Stands For
Parsing the symbolism of the American flag.
Read more...CalPERS Doubles Down on Its Illegal Election, Makes “Absurd” Claim That It Is Above the Law
CalPERS refuses to change its election procedures to comply with California law, and has doubled down on ridiculous justifications instead.
Read more...Employment in Europe and the US: Debunking the Story of EU Weakness and US Strength
Why the EU has done better on job creation than generally recognized, while US employment is exaggerated.
Read more...Tax Sausage Making Begins, But Will Republicans Be Happy With the Result?
Tax “reform” is going to produce more Republican infighting and a bill that falls short of expectations. Pass the popcorn.
Read more...CalPERS Can’t Even Figure Out How to Count Ballots in Accordance With Its Own Election Regulation, Let Alone Comply With California Law
CalPERS keeps digging its election hole even deeper.
Read more...Yanis Varoufakis: Schäuble Leaves but Schäuble-ism Lives On
Wolfgang Schäuble’s legacy as German finance minister lives on, and not in a good way.
Read more...Silicon Valley Rejects Shareholder Value Theory: Disrupting the IPO
Silicon Valley has an alternative to the IPO…with a 20% haircut compared to Wall Street’s 7%. Should you hang on to your wallet?
Read more...Wall Street Got a Bailout, Why Not Puerto Rico?
How Puerto Rico has gone from an economic disaster area to a humanitarian crisis in the making.
Read more...Prosecution Futures? Multibillion Dollar Orders in Coinbase Trading Platform
Some mighty strange, and mighty big, orders in a Coinbase trading platform order book…..
Read more...Wall Street and City of London Getting Nervous About Catalonia
Yves here. Neither side appears willing to back down in the battle of wills over the Catalonia independence vote set for this Sunday, October 1. The English language press has described how the Spanish government has declared the election to be illegal and Mariano Rajoy’s government has moved to try to shut it down, for […]
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