As short seller David Einhorn has said, “No matter how bad you think it is, it’s worse.” I thought I was at risk of being unduly dire in my early readings on Brexit, which was that the two sides have a large gap between their positions and have been talking past each other. Early on, […]
Read more...Despite record incentives, auto sales decline speeds up, inventory bloat spreads to zombie malls.
Read more...Steve Keen’s book is a compact, layperson friendly evisceration of mainstream economics and efforts to defend banks at the expense of citizens.
Read more...Debunking some well-meaning thinking on the “global village” and socially responsible investing.
Read more...The UK press reacts with unwarranted indignation to an EU move that was sure to happen.
Read more...A Canadian subprime mortgage lender is on the ropes. Is the end of the real estate bubble nigh? If so, how much damage will banks take?
Read more...CalPERS doubles down on a bogus scheme to neuter its one effective board member reneging on its promise to have a public hearing of charges.
Read more...How the Kirchner program in Argentina ran into the buzz saw of currency markets.
Read more...On the current structure of globalization and its implications for the distribution of income within and between countries.
Read more...Conventional wisdom about big government being a negative “freedom” isn’t borne out data.
Read more...Our NC meetup near Washington DC is tonight! Be there or be square!
Read more...So why is the Wall Street Journal years late in reporting on private equity self-dealng, and underplays its seriousness to boot?
Read more...Why head on opposition to war has failed and other approaches have better odds of long term success.
Read more...Credit Suisse criticizes Russian inequality after having profited handsomely from playing a big role in creating it.
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