Matthew Cunningham-Cook: Five Reasons Tariffs Are Great
Saying tariffs could be a good thing is close to a taboo in economics. Is that distaste justified?
Read more...Author Archives: Yves Smith
Links 12/29/15
Ilargi: 2016 Is An Easy Year To Predict
Deflation will become an even more powerful and destructive force in 2016.
Read more...Gaius Publius: It Wasn’t Just Exxon — They All Knew
Exxon was not the only oil major that knew decades ago about global warming and chose to launch an agnotology campaign.
Read more...“Summer” Rerun: “Why America Will Need Some Elements of a Welfare State”
In 2007, the Financial Times’ Martin Wolf Wolf concluded that America needed some form of a welfare state. His argument is as valid now as then. Yet it is hard to imagine that anyone would make it now, particularly in light of the effort of soi-disant liberals to pretend that Obamacare insurance policies bear any resemblance to “universal health care”.
Read more...10 Foods That May Disappear Thanks to Climate Change
If you think climate change will help food production, think again. Many of the foods under threat are dietary staples.
Read more...Debunking the Magnitude of Markets: A Holiday Story
Why markets, the god of neoliberalism, are not what they are cracked up to be.
Read more...The Sneaky Way Austerity Got Sold to the Public Like Snake Oil
How a budget approach cloaked in the aura of science and technical jargon became a tool for promoting austerity.
Read more...Randy Wray: Debt-Free Money and Banana Republics, Part II
More discussion of the problems with the “debt-free money” construct, to the extent that it can even be called a construct.
Read more...The Twelve Days of CalPERS
Will “The Twelve Days of CalPERS ” become a new holiday classic?
Read more...Bill Moyers: The Plutocrats Are Winning. Don’t Let Them!
How citizens must fight plutocrats if they are to have any hope of preserving rule by the people.
Read more...Links 12/23/15
Capitalism – Not China – Is to Blame for the Current Global Economic Decline
Capitalism’s “recovery” now proceeds like another speeding train headed toward contradiction and catastrophe.
Read more...What Influence Does Wall Street Have Over Candidates Clinton and Sanders?
Clinton plays with figures to understate her degree of Wall Street campaign support, and that ignores past support to the Clinton Foundation.
Read more...Holiday Schedule
Yes, dear readers, we will keep providing you with your daily fix over the holiday season.
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