Author Archives: Yves Smith
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.
Read more...Links 5/16/17
Trump Reiterates Support for a New Glass-Steagall Act, But It Will it Pass Congress?
This Real News Network interview discusses where Trump and his allies stand on reviving Glass-Steagall.
Read more...More Evidence School Choice Hurts Student Performance
More proof that “school choice” as in vouchers, is about profiteering and ideology rather than better education.
Read more...Mark Ames: The FBI Has No Legal Charter But Lots of Kompromat
The extra-constitutional, thuggish history of the FBI.
Read more...Board Candidate Asks Whether CalPERS Is Cooking the Books to Fatten Bonuses
CalPERS board candidate Margaret Brown finds a lot not to like in the way CalPERS continues to play fast and loose with figures.
Read more...Some Public Pension Funds Taking on Outsized Private Equity and Hedge Fund Fees
Public pension funds might finally be getting over their unhealthy co-dependent relationships with private equity and hedge funds.
Read more...Tom Engelhardt: America’s Globalization of Misery
A hard look at the results of one of America’s globalization projects, that of the casual creation of failed states.
Read more...New Jersey’s Flooding Crisis Hits Low-Income People Hardest
New Jersey’s flooding problems as a microcosm of what is to come.
Read more...Join Us for a May 31 NYC Meetup with Lambert!
Hope you can make the upcoming NYC meetup! As a special treat, Lambert will be there, hopefully not too jet let lagged.
Read more...Links 5/13/17
The Financial Crisis That Spawned Austerity, Corporatized the Democratic Party and Gave the World Donald Trump
Why New York City’s fiscal crisis was a watershed event.
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