Wolf Richter: This Economy is Ruined for Many Americans
The lower tier of the two-tier economy is not faring at all well.
Read more...Author Archives: Yves Smith
Links 4/1/17
Ilargi: Our Economies Run On Housing Bubbles
A look at the long-term role of home price bubbles in multiple countries.
Read more...The Paradoxes of Fiscal Austerity in Brazil
Brazil as a test case of austerity per neoliberal theory v. outcomes.
Read more...Why Has Italy’s Banking Crisis Gone Off the Radar?
An update on Italy’s festering bank crisis.
Read more...Inequality in the US: A Tale of Two Countries
A look at US inequality, before and after tax and transfers.
Read more...Settling the Brexit Bill: 12 Negotiating Questions
Sorting out the principles for in the Brexit talks for how to compute the UK’s departure tab is not trivial.
Read more...Gaius Publius: Crossing the U.S. Border with Electronic Devices
Ideas for how to protect yourself against border searches.
Read more...Inequality Update: Who Gains When Income Grows?
In a perverse reversal of historical norms, more growth produces more inequality as a result of economic policy and changes in legal rights.
Read more...Links 3/30/17
MIchael Hudson: The Democracy Collaborative
Michael Hudson gives new riffs on his regular themes: classical economics and its perversion by Hayek, rentier capitalism, debt jubilees.
Read more...Why Is FTI Consulting Making It Look Like Apollo Overpaid Its Real Estate Execs $50 Million?
FTI Consulting appears awfully casual about how it handles confidential client information, and in the process has done Apollo no favors.
Read more...Trump Can’t Save Coal
Why Trump isn’t bringing coal jobs back.
Read more...The American Opioid Epidemic
More discussion of the possible causes and implications of the opioid epidemic.
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