Gaius Publius: “You Broke It, You Bought It” – A Sanders Activist Challenges Clinton Supporters
Clinton’s hard move to the right is causing some consternation among bona fide progressives. But what will they do about it?
Read more...Author Archives: Yves Smith
Dirk Bezemer and Michael Hudson: Finance is Not the Economy
Picking apart the conflation of real capital with finance capital and explaining how that confusion undermines sound analysis of the crisis.
Read more...Links 8/19/16
SEC Shamed: Whistleblower Refuses Multimillion Dollar Award Due to Ex-Deutsche Bank Attorneys at SEC Protecting Deutsche Execs (and Themselves)
Deutsche Bank whistleblower Eric Ben-Artzi makes a huge financial sacrifice to call out corruption in SEC enforcement.
Read more...Brexit Delusion Rises Even Further: City Pumping for Presumptuous, Nightmarish-to-Negotiate “Swiss Plus” Plan
The Brexit fantasies get even bigger as the City pumps for a na ga happen “Swiss plus” plan.
Read more...Care Work as the Work of the Future
Economists despair about the impact of technology on jobs. They underestimate the need for care work, as in services for the young and aged.
Read more...Expansionary Fiscal Consolidation Myth
Why fiscal consolidation, which is neoliberal economists’ pet idea that austerity increases growth, is all wet.
Read more...Links 8/18/16
What Do US Wages Tell Us About the Business Cycle?
Does the US business cycle have longer to run?
Read more...Hedge Funds Get More Pushback on Terms as Enthusiasm for Strategy Wanes
Investors are trimming hedge funds’ sails….finally.
Read more...How WalMart Makes You Pay for Its (Lack of) Policing
Yet another WalMart scam….
Read more...The Elite “Let Them Eat Education” Fallacy
Debunking the idea that better education is an adequate remedy for inequality and high unemployment.
Read more...Will Elizabeth Warren Stymie Clinton’s Pro-Big Finance Campaign Promises?
A Financial Times reporter who is clearly no Elizabeth Warren fan says that the Massachusetts senator will be able to thwart Hillary Clinton’s Wall Street backers who expect to regulatory breaks if she becomes President. As John Dizard wrote over the weekend: Cynics, including most of the US public, figure that Wall Street will have […]
Read more...Banks Pushing Back Against Negative Interest Rates With Threat to Store Cash
Banks are looking into holding more cash as central banks threaten to drive interest rates even further into negative terrain.
Read more...Hope to See You at Our San Francisco Meetup Today
Hope you can make our meetup today.
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