New York Times Series on Private Equity Misses the Mark
A New York Times series lets private equity investors off the hook.
Read more...Author Archives: Yves Smith
The Cambridge Capital Controversy, or Why Microeconomics is All Wet
Why the Cambridge capital controversy is important yet almost never acknowledged: it’s too damaging to too many pet theories.
Read more...Links 7/5/16
New York Times’ Gretchen Morgenson: Private Equity Transparency Bills, Including California Treasurer Chiang’s AB 2833 “Hit a Wall”
Why California Treasurer John Chiang’s private equity transparency bill, AB 2833, would actually set back the cause of private equity reform.
Read more...Bill Black: When Is Crime Not a Crime? When It Is White-Collar Crime
Yet another demonstration of how the media airbrushes out the very concept of white-collar crime.
Read more...John Helmer: Armchair General Sells Australian Involvement in Ukraine….On Behalf of Arms-Maker-Funded Think Tank
An effort to enlist Australia as an ally of NATO in Ukraine reveals the reach of the military-industrial complex, as well as its methods.
Read more...Links 7/4/16
Bill Black: BREXIT – Tony Blair
Tony Blair sides with the bankers and against the popular will. Quelle surprise!
Read more...Why Don’t Americans Take More Vacations? Blame It on Independence Day
Independence Day’s roots as an “Americanization” PR project to increase acceptance of immigrants who competed with native-born workers.
Read more...Links 7/3/16
Nassim Nicholas Taleb: How to Own a Slave
In what ways has the employer-employee relationship come to resemble slavery?
Read more...UNCOUNTED: The True Story of the California Primary
A new documentary shows that California primary was deeply corrupt, with numerous, um, shortcomings that suppressed Sanders votes.
Read more...Links 7/2/16
Unfounded Debt Fears Block Economic Recovery
Debt scaremongering as voodoo economics.
Read more...Puerto Rico ‘Rescue’ Bill to Reinforce Colonial Relationship with US
Not surprisingly. Puerto Rico is about to get a big dose of austerity…..which Latvia-style, will push more people with skills to leave.
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