Author Archives: Yves Smith

Michael Hudson on Meet the Renegades

Michael Hudson gives a freewheeling interview on some favorite topics like rentier capitalism and why the Great Moderation wasn’t so great.

Easy Money is Dangerous Without Activist Fiscal Policy

Why over-reliance on monetary policy and the failure to engage in fiscal deficits is a toxic mix.

Links 11/4/16

Gauis Publius: TPP Has Picked Up a Powerful Enemy — Black Lives Matter

Black Lives Matter takes on Obama’s plan to pass the TPP in the lame duck session.

Creating a National Security State ‘Democracy,’ Or How the American Political System Changed and No One Noticed

The stealthy rise of America’s new fourth estate.

How Your State and Local Tax Dollars Paid for Private Equity Firm TPG’s Elton John Appearance

Yet another example of how private equity operates by its own set of self-serving rules.

Links 11/1/16

CalPERS Reverses Itself on Its Plan to Violate California Constitution, Pave Way for Hiring Underqualified Candidate for Chief Actuary

CalPERS dodges a bullet after we prodded them.

Bill Black: Wall Street’s Apologist-in-Chief Mansplains Regulation to Senator Warren

The New York Times’ Roger Lowenstein is so convinced of Wall Street’s and the SEC’s virtue that he can’t even be bothered to get facts right.

Hope to See You at Our Dallas Meetup Tomorrow, November 2

A reminder for our first Dallas meetup!

CalPERS Plans to Violate California Constitution, Pave Way for Hiring Under-Qualified Candidate, for Critically Important Job of Chief Actuary

CalPERS is up to no good yet again.

Links 10/29/16

TRIPS: The Story of How Intellectual Property Became Linked to Trade

Why intellectual property rights are a form of private tax, and how they are abusive when applied to IP developed out of public funding.

Gaius Publius: Syria Is Another Pipeline War

We have been at war in Syria over pipelines since 1949. This is just the next mad phase.