Author Archives: Yves Smith

Announcing Mini-Fundraiser for Water Cooler!

I know it may seem strange to be launching a fundraiser now, and just for Water Cooler, but there is method to this special appeal. Water Cooler provides both economic and political coverage, and at a time when a former Clinton Administration, Brad DeLong announced, following the purge of two Sanders-supporting writers, that those deemed to be too far to the left will be ” gleefully and comprehensively trash[ed]” come November.

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Location, Location, Location: The Persistence of Fortune

Yves here. This intriguing paper curiously fails to consider how climate change can (will) affect the patterns they describe. And it also fails to give clues as to why some cities keep gaining population and income and others fall by the wayside. For instance, Atlanta and Birmingham, Alabama were of comparable size in the 1970s, […]

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