A Moral Challenge to Economists
Economists hide behind specious claims of neutrality and efficiency to advocate policies that often have negative moral and social impact.
Read more...Author Archives: Yves Smith
Former Employee Sues Google, Claims It Maintained an Internal Spy Network That Encouraged Workers to Snitch on Each Other
Google looks to have been too clever by half in how far it has gone in trying to silence employees.
Read more...Can Uber Ever Deliver? Part Six: Latest Data Confirms Bleak P&L Performance While Stephen Levitt Makes Indefensible Consumer Welfare Claims
More on Uber’s questionable prospects and the dubious defenses offered by boosters, in this case, “Freakonomics” professor Stephen Levitt.
Read more...Site Maintenance: December 31, 2:00 – 4:00 PM EST
We apologize for the need to take the site down to do some required upgrades.
Read more...Links 12/29/16
When a Business You Like Dies
Mourning the death of a favorite business, and what that says about the environment for entrepreneurs.
Read more...10 Reasons Trump Won’t Lead A Nuclear Renaissance
Even though Trump is keen about nukes, a look at energy markets shows why his enthusiasm won’t boost nuclear energy generally.
Read more...Links 12/27/16
A Battle Over American-Made Products Is Looming and Republicans Are in the Middle of It
Why “Buy American” is going to be a tough sale for Trump.
Read more...Gauis Publius: North Pole 50 Degrees Warmer Than Normal in December
Why you should be worried about abnormally hot temperatures at the North Pole.
Read more...Links Christmas Eve 2016
Progressives Need to Promote Deficit Spending Before Trump Makes It His Baby
The failure to do enough deficit spending is a big reason why the Democrats hemorrhaged losses. Progressives need to take up this issue.
Read more...Why Central Bank Models Failed and How to Repair Them
Why macroeconomic models perform so badly.
Read more...Chanos: Is a Big Change Underway in Global Capitalism?
Storied short seller Jim Chanos takes a long view of recent political and economic changes, including, of course, the Trump win.
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