Author Archives: Yves Smith
The Movement to Replace Neoliberalism Is on the Ascendency – Where Should It Go Next?
The time is ripe for a movement to replace flawed mainstream economics…but what must it do to succeed?
Read more...Don Quijones: Could Italy’s Banking Crisis Drag Down Mario Draghi?
Mario Draghi was governor of Italy’s central bank from 2005 to 2011, overseeing the now very sick banking system. Will his past haunt him?
Read more...A Thanksgiving Tale: Rescued by Cafe DuPont
A Thanksgiving misadventure has a happy ending.
Read more...Links 11/23/17
How Did 1917 Change the West?
The US and Europe were more influenced by the Russian revolution of 1917 than they care to admit.
Read more...Trump’s FCC Goes to War on Net Neutrality
Net neutrality has been under attack since 2002, and the Trump Administration is determined to do it in.
Read more...Links 11/22/17
Philadelphia Fed Study Debunks Main Argument for Student Debt Slavery
Evidence that the justification for putting student loan borrowers on the rack was ideological garbage.
Read more...Tech Giants Look to WTO to Entrench Their Monopoly Powers and Profits
How tech titans are using the WTO and trade agreements to further strengthen their dominant positions.
Read more...The Impact of Brexit on the Irish Energy System – Pragmatism vs. Principles
Irish energy provision illustrates some of the downside of Brexit for the Irish Republic and Northern Ireland.
Read more...Capitalism: Not With a Bang But With a (Prolonged) Whimper
The question: How does capitalism end?
Read more...More Brexit Delusion: May’s “Exit Tab” Surprise, Davis’ City Scheme v. More Customs Alarms, Tech Brexodus
Yet more sobering Brexit sightings.
Read more...Unemployment is Miserable and Doesn’t Spawn an Upsurge in Personal Creativity
A new study on unemployment confirms decades of research showing that people are happier when they work, even if they have an income.
Read more...Gaius Publius: In Surprise Move, Norway’s $1 Trillion Sovereign Wealth Fund May Divest From Fossil Fuels
Would a Norway sovereign wealth fund divestiture from fossil fuels be a tipping point among investors?
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