Author Archives: Yves Smith
Why the Crisis in Italy is Not Over
The structural roots of Italy’s economic problems.
Read more...Andrew Bacevich: The 60-Year Decay of American Politics
A personal take on why politics in America are so rotten.
Read more...Despite Low Oil Prices, Saudi Arabia Stabilizing Economy
Saudi Arabia is getting a handle on managing its budget and economy in the face of ow oil prices. That could have long-term ramifications.
Read more...Please Join Us at Our NYC Meetup This Evening`
A reminder about tonight’s meetup in New York. Be there!
Read more...Lousy Experts: Looking Back at the Ex Ante Estimates of the Costs of Brexit
An economist contends that economists do not bear much responsibility for the Brexit vote.
Read more...Links 8/4/16
Instant Payment Services – Payer Beware
How the New York Times does its readers a huge disservice by not telling them that so-called “instant payment services” are anything but that.
Read more...CalPERS Admits to Guilt in Misleading Beneficiaries and Taxpayers About Its Returns by Changing Report After Being Called Out
CalPERS tries to pull a fast one in its claims about its long-term return, and only digs its hole deeper when caught out.
Read more...Missouri State Public Defender’s Office Appoints Governor Jay Nixon To Serve as Public Defender
Missouri Governor Jay Nixon is hoist on his ant-poor, budget-cutting petard.
Read more...Shaky State of North-South Relations
North-South, or developed-emerging economy dealings, are becoming more contentious.
Read more...Links 8/3/16
Americans for Financial Reform Calls Out Private Equity Broker-Dealer Abuses as Latest Example of SEC’s Weak, Selective Enforcement
Americans for Financial Reform, an influential group, calls on the SEC to act to combat a long-standing private equity abuse.
Read more...Financialization and its Discontents
Untangling the credit versus money focus in the critiques of financialization.
Read more...Brexit Realism: Maybe Voters Were Not Dumb
By David Miles, Imperial College Business School. Originally published as a chapter in the VoxEU ebook, Brexit Beckons: Thinking ahead by leading economists, available to download free of charge To some, the Brexit referendum was a failure by economists to persuade UK voters that leaving the EU would entail major economic costs. This column argues […]
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