Author Archives: Yves Smith
Too Little, Too Late Lawsuit Against Predatory Servicer Ocwen Demonstrates Failure to Address Servicing Abuses
Recidivist mortgage servicer Ocwen gets whacked by the officialdom yet again, showing how inadequate mortgage “reforms” under Obama were.
Read more...The Amazon.com Effect: Retailers Say They’re Not Selling, but Consumers Report They Are Buying
Are retail sales understated because online retailers aren’t fully captured in the data?
Read more...Investor-State Dispute Settlement (ISDS) Suits Become Favored Hedge Fund Investment
ISDS suits are increasingly getting financial backing from speculators like hedge funds.
Read more...Mexico’s Economy Is Being Plundered Dry
Some vignettes of Mexico as a failed state.
Read more...In Praise of Melancholia
Melancholia gets a bad rap in America, and for not very good reasons.
Read more...Health Care “Reform” by Insiders Who Benefit from the Status Quo: Media Fails to Report Conflicts of Interest
Quelle surprise! The press regularly presents highly paid, well-connected health care insiders as independent voices on “reform”.
Read more...13 Questions That Expose Charter School Falsehoods
The sales pitch made by charter school boosters does not hold up to scrutiny.
Read more...Against False Arrogance of Economic Knowledge
The shortcomings of economic reasoning are well known, yet mainstream practitioners embrace and defend them.
Read more...Californians! Please Write Today to Support Public Access to Government Records
California government bodies regularly thwart public requests for government documents. Write today to support a bill to curb those abuses.
Read more...Bill Black: Dodd-Frank Was Designed to Fail – and Trump Will Make it Worse
More confirmation that Dodd-Frank was never intended to do more than make marginal changes in bank regulation to forestall real reform.
Read more...How to Keep Losing Wars in the Middle East
The US game plan for the Middle East seems to be not just more wars, but losing more wars.
Read more...More Brexit Miscalculations: UK Can Have Industrial Policy Only With Hard Brexit
The UK government wants industrial policy reforms that are incompatible with EU rules. Those rules would apply save in a hard Brexit.
Read more...It’s Time to Regulate the Gig Economy
Depicting the gig economy as ‘sharing favours’ creates a parallel dimension, where chores are form of leisure, with no relation to ‘work’.
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