Author Archives: Yves Smith

For ‘Easy Brexit’: May’s ‘No Deal’ Campaign Rhetoric Is Nonsense

If May holds on to her Prime Minister job, her irresponsible Brexit campaign talk may come back to haunt her.

Trump Using Failed Australian “Asset Recycling” to Justify Mass Privatizations

Why would Trump adopt a foreign model for infrastructure that even conservatives deemed a failure? Apparently for the looting.

Slugging It Out With a New Contender in the GMOs Debate

One of the big benefits claimed for GMOs may be false.

Republican Senators at Odds Over Medicaid in Obamacare Reform Push

Obamacare reform hits yet another roadblock.

Announcing Meetups for Dallas and Los Angeles

Announcing more meetups!

Measuring the Impact of Immigration on Wages: The Mariel Boatlift Controversy

125,000 mainly low-skill Cuban immigrants arrived in Miami in 1980. Economists are still debating whether they lowered local wages.

Links 6/6/17

How Global Audit Firms Are Using Their Lobbying Clout to Dilute Sarbanes-Oxley Reforms

Accounting firms have specific reasons to be nervous about Sarbanes-Oxley, hence their eagerness to weaken it.

Climate Change: “It Depends on How We They Value Time”

Why conventional economic approaches give dangerously misguided answers when applied to climate change.

Despite Wobbles, Theresa May Still Expected to Lead Conservative Win This Week

Despite Theresa May looking at risk in many UK polls, the distribution of seats in play may give the Tories the advantage.

Starved School Budgets Across the US: A Symptom of Education Funding Crisis

School budgets are in worse shape in many parts of the US than you might have imagined.

Links 6/3/17

Mark Ames: When Mother Jones Was Investigated for Spreading Kremlin Disinformation

Mother Jones’ sad transformation from target of Kremlin scaremongering to perp in its “evil Putin” reincarnation.

Theresa May in Election Jitters Caught Lying About Tory Plans to Cut The NHS

Quelle surprise! The Tories are scheming against the NHS!