Why Those Looking for the Next Crisis May be Looking in the Wrong Places
More and more experts are nattering nervously about market risk and occasionally using the “crisis” word. What are the potential hazards?
Read more...Author Archives: Yves Smith
Treasury Secretary Mnuchin’s Forked Tongue on Tax Cuts for the Wealthy
It is an insult to intelligence for Steven Mnuchin to claim that the Trump tax plan isn’t a sop to the rich. That’s the GOP’s raison d’etre.
Read more...Rajoy Goes Nuclear on Catalonia’s Separatists, Seeks Suspension of Autonomy, National Takeover of Local Police and Public Broadcasting; Political and Economic Risk High
Spain’s prime minister Rajoy has set in motion a takeover of the government in Catalonia. What might happen next?
Read more...Links 10/21/17
Worst Health Care Revolving Door Case So Far, Version 2.0? – From President of Lilly USA to US Secretary of Health and Human Services?
Trump is managing the difficult task of setting new lows in the revolving door category.
Read more...Enlightenment Then, Enlightenment Now
On the role of the Scottish Enlightenment.
Read more...Reminder: NYC Meetup Next Tuesday, October 24; Philadelphia Meetup Thursday November 2
Providing the details for our upcoming NYC meetup. Hope to see you there!
Read more...Michael Hudson: Socialism, Land and Banking: 2017 Compared to 1917
Why did socialism lose out in the 20th century to rentiers promoting neoliberalism?
Read more...UK Oil And Gas Costs To Rise 100% If Brexit Fails
A concrete example of why a disorderly Brexit is not a good idea.
Read more...Can Theatre Change Your Mind?
The potential and the limits of theatre and other art forms to combat confirmation bias.
Read more...Quelle Surprise! Pollution Pays!
A study of DuPont’s failure to clean up emissions of a toxic chemical shows pollution is economical rational. Too bad the remedies are lame.
Read more...Brexit Was a Cry of Financial Pain and Not the Influence of the Old
A new analysis of why voters decided for or against Brexit.
Read more...Another Disease of Despair: Rise in Hepatitis C Among Opioid Users
A rise in hepatitis C, another public health crisis in the making, shows the high cost of neglecting job creation and social safety nets.
Read more...Reminder: First Boston Meetup Tomorrow, Thursday October 19
Reconfirming our first Boston meetup! Be there or be square!
Read more...Use Spare Older Workers to Overcome ‘Labour Shortages’
Getting tough about age discrimination would help address the alleged shortage of workers.
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