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...Author Archives: Yves Smith
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’?
Read more...Start-Up Governments, or Can Bureaucracies Innovate?
What makes bureaucracies innovative?
Read more...Private Equity Firms Muscling Lenders by Choosing and Paying for Their Lawyers
I really wanted to lay off private equity for a bit, but the news flow keeps getting in the way.
Read more...Dollar Dominance: Deconstructing the Myths and Untangling the Web
It is not dollar hegemony that rules the world, but the global financial system which gives the dollar its place of privilege.
Read more...Links 1/4/16
Private Equity Made Bad Bet on Ships, Hit by Collapse in China Trade
Private equity’s misadventure in ships is yet another proof of both hubris and too much money looking for deals.
Read more...The Opposition to Guidelines Discouraging Overuse of Narcotics
How stealthy groups with ties to Big Pharma are lobbying to stymie proposals to stop the overprescription of opoids.
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