Author Archives: Yves Smith
CalPERS’ CIO Plays Board Like a Fiddle, Uses Trumpian Tactics on Credulous True Believers
CIO Ted Eliopoulos digs CalPERS a bigger PR hole and CalPERS’ board is so thick that it approves.
Read more...CalPERS CIO Sings Out of Tune, But Board Applauds His Poor Performance
A former chief investment officer critiques a remarkable, and not in a good way, performance by CalPERS’ CIO Ted Eliopoulos.
Read more...US Senate Strikes for Russian Equality – The Oligarchs Targeted in New Sanctions Bill
Parsing the details and the logic of the Senate sanctions against Russia and in particular, its oligarchs.
Read more...Links 7/4/17
More Animals in Government!
Why we should have government go more officially to the dogs and cats.
Read more...Has Keystone XL Become Obsolete?
New troubles for Keystone XL.
Read more...When Trying to Increase Your Pay Was Dangerous
The long and often brutal history of owners scheming to contain pay levels.
Read more...Economics of the Populist Backlash
Populist movements are the regular result of trade-induced economic dislocations and distribution. So why were economists surprised?
Read more...Links 7/1/17
Jim Chanos: U.S. Economy is Worse Than You Think
Famed short seller Jim Chanos gives a hard look at America’s fundamentals. He is not impressed by what he sees.
Read more...Stadiums or Schools: An Analysis of Public Expenditures
A look at yet another sop to the rich, in this case sport franchise owners: government-supported stadiums.
Read more...The Slogan ‘Globalization Equals Growth’ Is Wrong
Looking at different types of globalization helps explain why it isn’t necessarily beneficial.
Read more...Links 6/30/17
Gaius Publius: An Investigation in Search of a Crime
How one element of the investigation into Trump is a nothingburger even if it pans out.
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