WSJ: JJ Jelincic to Leave CalPERS Board
JJ Jelincic is retiring from CalPERS’ board. He has made some more pointed comments about the sorry state of affairs at the pension fund.
Read more...Author Archives: Yves Smith
The Bank Competition Myth
Why banks should not be considered to be private enterprises.
Read more...Notes From an Emergency: Tech Feudalism
A wide-ranging, lively, sobering talk about tech feudalism and the implications for all of us.
Read more...Trump Treasury Secretary Steve Mnuchin Renounces Commitment to Glass-Steagall While Saying He Isn’t
Steven Mnuchin demonstrates that he is a shameless liar even by Goldman standards.
Read more...Private Equity’s Lousy Governance
A upcoming law journal article does a fine high-level job of debunking private equity’s claims of providing better governance.
Read more...Quelle Surprise! Pricey Housing Discourages Having Kids
Yet another cost of expensive housing…fewer kids.
Read more...Matt Bruenig: More Job Guarantee Muddle
Why there is a lot not to like in the Center for American Progress’ job guarantee proposal.
Read more...Links 5/18/17
Mr. Market Starts to Question Trump Trade Delusion
A look at the “Trump trade” pearl clutching yesterday.
Read more...Wolf Richter: Did Cisco Just Say Demand is “Very Lumpy?”
Look out below: Cisco has a history of being the canary in the coal mine at market turns.
Read more...Genetically Engineered Disappointments
A looked at sales talk versus results for genetically engineered crops.
Read more...Links 5/17/17
Hayek and Neoclassicals Meet Information Theory and Fail
Why the left doesn’t need to engage Hayek, Friedman, and neoclassical economics but should instead argue from information theory.
Read more...China Blinks!
China taps the brake…..
Read more...Why Did the FBI Leak the Comey Memo?
Putting the Comey leak in the context of US-Russia relations and the domestic factions that are keen to maintain hostilities.
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