Bill Black: The Economist Must Retract Its Racist Headline Immediately
The UK election results provoked the Economist to reveal its racist tendencies.
Read more...Author Archives: Yves Smith
Links 5/10/15
New Example of the Pentagon, DEA and Private Companies Conspiring to Beat Encryption, Track Everything You Do
Why even the supposed gold standard of Internet security, encryption, may not protect you.
Read more...Gaius Publius: Sanders Raises $3 Million in Four Days; Will He Split the Party?
Why Bernie Sanders is a real contender, and how his campaign threatens Democratic party apparatchiks.
Read more...Links 5/9/15
Resilience is The New Black
Why sustainability has failed and “resilience” is replacing it.
Read more...Home (and Solvency) Bias at the Fed
A recap of the marquee talk at the “Finance and Society” conference in Washington last week, between Janet Yellen and Christine Lagarde.
Read more...Latest Award of Frederic Mishkin Iceland Prize for Intellectual Integrity: Former CBO Director Holtz-Eakin’s Garbage-In, Garbage Out Attack on Dodd Frank
As readers know all too well, there is so much obviously half-baked economic research that this site could turn itself over to shredding examples and only scratch the surface. But we have established the Frederick Mishkin Iceland Prize for Intellectual Integrity to highlight outstanding examples of economic shillery in which the attempt at analysis is obviously cooked so as to produce a pre-determined outcome.
Read more...Links 5/8/15
Greece Says It Will Make IMF Payment Next Week As Stalemate Continues
Greece may succeed in avoiding a default next week, but it remains at loggerheads with its creditors.
Read more...Nomi Prins: The Clintons and Their Banker Friends
A good overview of the Clintons’ deep ties to Wall Street kingmaker Robert Rubin and other members of the Goldman mafia.
Read more...Former Greenspan Fan Paul Krugman Now Calls Greenspan “Worst Fed Chairman Ever”
Why does Paul Krugman find it so difficult to admit to past error?
Read more...TPP: The “Fascism” Issue
Will the TPP, as some critics have charged, pave the way to fascism?
Read more...The Persecution and Assassination of the People of Greece as Performed by the Inmates of the Troika, Under the Direction of the Eurogroup
A new paper shreds the myths that justified the misguided application of austerity and wage-rate reduction policies in Greece and the Eurozone.
Read more...After Shocking Fundraising Totals, Bernie Sanders Defends European-Style Socialism
Bernie Sanders’s presidential bid is already creating more of a stir than expected. He is not just running against Clinton. He’s targeting an entire system.
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