Controversial DNC Chair Debbie Wasserman Schultz To Face Progressive Tim Canova In An August Primary
Oh frabjous day! Tim Canova, who is challenging the rancid Debbie Wasserman Schultz, is a really good guy.
Read more...Author Archives: Yves Smith
2016: Oil Limits and the End of the Debt Supercycle
How tight linkages among phenomena, such as oil and commodity prices, and flagging non-elite wages, are about to cause substantial economic disruption.
Read more...Links 1/8/16
China’s Contradictory Aims, Greater International Role Versus Domestic Economic Control, HIt Breaking Point
China appears to be in denial that it can’t have more open financial markets and maintain the same degree of control over the economy that it once enjoyed.
Read more...The Anglo-Saxon Hide, Adam Smith, Karl Marx and the 35 Hour Work Week
How the Doomsday book,and the unit of assessment called the “hide,” suggest that medieval laborers had very civilized work weeks.
Read more...UK Labor Party Departing from Austerity to Strengthen Economy
Why Corbyn’s proposals would represent an improvement over the UK’s current policies.
Read more...TTIP and Climate Change: Low Economic Benefits, Real Climate Risks
The TTIP could jeopardize the ability of the European Union and the United States to put in place the proper regulations to meet climate targets.
Read more...Links 1/7/16
Identifying Vectors Influencing China’s (and International) Markets
A list of some of the factors driving the recent market upheaval in China. Readers will hopefully add to and refine this compilation.
Read more...Why Lowering the Marginal Corporate Tax Rate Does Not Increase Growth
A new paper puts another nail in the coffin to the idea that lowering corporate tax rates will boost growth.
Read more...Are Charter Schools the New Subprime Mortgages?
How fraud and mistreatment of students are embedded in the charter school system.
Read more...Links 1/6/16
Michael Olenick: The Lesson of Newtown – Time to Charge for the True Cost of Gun Ownership
Yves here. The headline of an article at NBC says it all: Small-Bore? President Obama’s Actions on Guns Make Marginal Changes. Michael Olenick proposed a more effective approach…of a type that curiously has been absent from proposals on how to curb gun ownership. This post first ran on December 17, 2012 By Michael Olenick, a […]
Read more...Another Slow Year for the Global Economy
The factors that dragged down the global economy in 2015 will persist – and in some cases worsen – in the new year.
Read more...Deflation Denialism: No, Chancellor, 0.5% Inflation is Not “Welcome News”
What is deflation? What has caused inflation to fall? And why is there no such thing as ‘good deflation’?
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