Steve Bannon v. Blinkered Economists on “Free Trade”
Macroeconomists are making Steve Bannon look good.
Read more...Author Archives: Yves Smith
Mutual Funds Cut Uber Valuation by as Much as 15%
It’s getting harder to put lipstick on the Uber pig.
Read more...Links 8/22/17
Google’s Censorship, Plans to Restrict Publisher Advertising Raises Antitrust Issues
More on how Google plans to tighten its chokehold on the Internet.
Read more...The Latest Red Flag For U.S. Shale
More bad news for the shale gas industry.
Read more...The Ludicrous Prepper Plans of the Super Rich
A perverse bit of good news: the super rich aren’t planning their survival moves any better than they are executing their leadership roles.
Read more...Life’s a Pitch
Another sign of economic insecurity: the pitch economy, where competition becomes more and more degrading.
Read more...Another Way the Rich Preserve Their Advantage: Grade Inflation in Private Schools
Private school grade inflation is a small but nevertheless telling factor in how class mobility has fallen in the US.
Read more...Debunking the Myth of “Free Speech”
Contrary to widespread misperceptions, we’ve never had free speech in America, and there are good reasons why not.
Read more...Links 8/19/17
Trump and the Infrastructure of Fascism
How Trump’s infrastructure plan is a thinly-disguised privatization and deregulation scam.
Read more...Why Explaining US Internal Strife Through “Russian Influence” Is Lazy and Unhelpful
Debunking the latest Twitterverse fever-swamp claims about Russian influence, this time regarding “ties” to Charlottesville.
Read more...G20 Climate Commitments and China’s One Belt One Road
A critical look at some wishful thinking about climate change and China’s One Belt One Road initiative.
Read more...Links 8/18/17
How to Use Fiscal and Monetary Policy to Make Us Rich Again
On the obvious and high cost of abandoning fiscal policy in favor of monetary policy…save for asset owners.
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