Author Archives: Yves Smith

As China Fortifies Its Little Islands, PACOM Moves F-22s to Darwin

China and the US are making thread displays at each other. Not big ones, but still meant to be noticed.

Washington Post Backlash: Black Agenda Report, Counterpunch, and Paul Craig Roberts Join Us in Second Demand Letter Retraction and Apology for Defamatory “Propaganda” Story

More sites team up to take on the Washington Post and the new “Russian propaganda/fake news” McCarthyism.

Developer of B.S. Detector Apologizes for Including Naked Capitalism in “Fake News” Tool, Yet Fails to Take Responsibility for Non-Transparent Process and McCarthyite Nature of Project

The developer of B.S. Detector apologized for including Naked Capitalism. Unfortunately, his note is revealing, and not in a good way.

The Washington Post Responds to Our Letter Demanding a Retraction and Apology for Its Article Defaming Naked Capitalism and Other Sites

The latest exchange in our effort to obtain a sorely overdue retraction and apology from the Washington Post.

Wolf Richter: Is it Just Trump Tower? Or is the Entire New York City Housing Bubble Unwinding?

To what degree is Trump Tower a canary in the coal mine for New York City’s residential real estate market?

Socio-Economic Determinants of the Italian Referendum Vote

More proof that the Italian rejection of Renzi’s constitutional reform referendum was not a simple “populist uprising”.

Bill Black: After 30 Years of Throwing Working People Under the Bus, Democratic Party’s “Centrist” Leaders Remain Clueless About Voter Revenge

The Democrats abandoned the working classes long ago and like an abusive spouse, never thought their victims would leave them.

Capitalism in the Time of Trump?

Neoliberal capitalism has led to underinvestment, lowering productivity and increasing inequality. Will Trump make things better or worse?

Links 12/10/16

We Demand That PropOrNot Remove Its Blacklist, Report, and Browser Tool Defaming Naked Capitalism and Issue an Apology

Our lawyer has some stern words with PropOrNot.

We Demand That the Developer of “Fake News” Blacklist Software B.S. Detector Cease Distribution and Issue an Apology

Our lawyer has some stern words with Daniel Sieradski, the developer of the blacklist software program, B.S. Detector.

Michael Hudson: Economists’ Deadly but Innocuous-Seeming Proclamations

A wide-ranging interview by Michael Hudson on the mind games that economists play.

Back From Full Employment To “Inclusive Growth”

“Inclusive growth” is economics NewSpeak for pretending to be concerned about the diminished opportunities for the middle and lower classes.

Washington Post Refuses to Retract Article Defaming Naked Capitalism and Other Sites

The Washington Post triesto get itself out of the damage done to Naked Capitalism and other sites by saying accuracy is not part of its job.