Author Archives: Yves Smith
The Brexit Situation is Developing Not Necessarily to the UK’s Advantage
We’ve been neglecting Brexit due to Trump going uber hawkish and the resulting barrage of news stories to sort through. And another reason is that the noise to signal ratio got even higher in the British media around the time Brexit became official. Formal progress will be virtually nil till late May. The UK and […]
Read more...Theresa May Announces Surprise Early Election for June 8
Theresa May reversed early firm promises and announced snap elections.
Read more...Gaius Publius: New Evidence that Syrian Gas Story Was Fabricated by the White House
The Obama White House blamed Assad for a 2013 sarin attack in advance of evidence. The claim fell apart. The Trump White House is making a rerun.
Read more...Skepticism About Private Equity Fees Going Mainstream: Pew and CalPERS Versus Yale and Industry Stalwarts
Private equity is getting defensive about its fees, and for good reason: its justifications for them are being exposed as hollow.
Read more...Globalization and the End of the Labor Aristocracy, Part 2
How the the new international economic architecture for trade, investment, & property rights hurt workers in advanced and developing economies
Read more...Washington DC Area Meetup on Friday, April 28!
Hope to see you at our Washington DC area meetup later this month.
Read more...Links 4/15/17
California and Trump’s Feds Headed to Major Clash on Immigration
Who has the advantage in the Trump versus California immigration cage match?
Read more...Why You Can’t Have a Shorter Workweek
A recap of the numerous, internally inconsistent arguments as to why workers can’t have a shorter workweek.
Read more...The Caymans: Reputation, Rhetoric, and Reality
How the Caymans compare to other secrecy jurisdictions.
Read more...Big US Banks Make Laughable Excuses for Preserving Failed Universal Bank Model
Count on the banks to keep trotting out tired excuses for their too-big-to-faill ways.
Read more...How the Greediest Charter School Operators Loot Taxpayers Via Real Estate Deals
An interview with professor Preston Green, whose study found that the most aggressive charter school operators are using Enron-like tactics.
Read more...Corruption at CalPERS: General Counsel Matt Jacobs as Exemplar of Culture of Casual Lying
A spotlight on General Counsel Matt Jacobs as a prime example of what is wrong at CalPERS.
Read more...The Failure of Austerity in the Great Recession
More evidence that austerity is a bad idea.
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