Author Archives: Yves Smith
Uber, Gig Economy: “The Brutality of the System Is Being Lost on Those Who Actually Use These Apps”
The Financial Times’ Izabella Kaminska argues that the gig economy is a new form of feudalism.
Read more...The Econocracy: An Interview with Cahal Mora
The new book Econocracy describes how economics training discourages critical thinking, overreaches, overpromises, and underdelivers.
Read more...Investment in Early Childhood Education Yields Substantial Gains for the Economy
Yes, Virginia, more education for the lower orders really does pay off.
Read more...British Press in a Tizzy that the EU Will Be Mean to the City of London in Brexit
The whinging from entitled Brits over the fact that the EU is playing Brexit hardball is getting annoying.
Read more...The Story That Russia Does Not Want You to See: The Rosneft Share “Sale” as a Sham Transaction
The widely-reported sale of a 19.5% stake in Rosneft to Glencore and Qatar looks like a sham transaction.
Read more...Trump’s Carbon-Obsessed Energy Policy and the Coming Climate Nightmare
Trump plans to take the Palin “Drill, baby, drill” strategy to a new level.
Read more...NBC’s Denver Affiliate 9News Apologizes on Air to Naked Capitalism
9News acted like true pros and issued a big apology to Naked Capitalism.
Read more...So Who Gets to Pay for Italy’s Banking Crisis?
The pretense that even Monte dei Paschi can be bailed out privately is being abandoned. So how will Italy’s sick banks be salvaged?
Read more...Bill Black: White Collar Crime Will Have a Field Day Under Trump
In this Real News Network segment, Bill Black describes why elite banksters will have a free hand if Trump gets his appointees through. Although Black focuses here on just departed Goldmanite Gary Cohn, the Democrats ought to put up a pitched battle over another Goldman alum, Steve Mnuchin, Trump’s Treasury Secretary nominee. Mnuchin is unqualified […]
Read more...Links 12/15/16
NBC Evening News in Denver Defames Naked Capitalism
A NBC News affiliate singles out Naked Capitalism, and Naked Capitalism only, as a fake news site and tells viewers not to watch or share it.
Read more...Greece and Creditors in Showdown Again
Greece tried a surprise move to slip the creditors’ leash. Sadly, it’s not likely to succeed.
Read more...As China Fortifies Its Little Islands, PACOM Moves F-22s to Darwin
China and the US are making thread displays at each other. Not big ones, but still meant to be noticed.
Read more...Washington Post Backlash: Black Agenda Report, Counterpunch, and Paul Craig Roberts Join Us in Second Demand Letter Retraction and Apology for Defamatory “Propaganda” Story
More sites team up to take on the Washington Post and the new “Russian propaganda/fake news” McCarthyism.
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