Articles by Yves Smith - Page 838 of 1556

Andrew Bacevich Discusses How America Made a Mess of Iraq on Bill Moyers

Andrew Bacevich discusses how America’s failed policies in Iraq reflect a deluded view of our role and history.

Links 6/20/14

The Fed’s Ever-Burgeoning Market Manipulation Support

A set of articles in the Financial Times puts a nasty spotlight on what mission creep, or more accurately, mission leap, at the Fed. The central bank is moving unabashedly into price-setting, and stealth or formally backstopping, of more and more markets

The Ugly Truth About Electronic Health Records

Why, at least in the US, electronic health records are all about the looting and as a result, a danger to your health.

More Finance, More Growth? More Finance, More Crises?

Contrary to conventional wisdom in economics, a bigger role for finance, also known as “financial deepening,” has gone well beyond the point of maximum return. It is promoting more crises rather than more growth.

Wikileaks Exposes Super Secret, Regulation-Gutting Financial Services Pact

The document that Wikileaks exposed on Thursday is a portion of the financial services section. It is clearly designed to serve the pet interests of big international players. This agreement is designed to institutionalize the current level of deregulation as a baseline and facilitate the introduction of new products, further ease the movement of funds, data, and key personnel, and facilitate cross-border acquisitions and other forms of market entry.

Links 6/19/14

How Oligopolies Undermined Competitiveness and Produced Inequality

The role of lax antitrust enforcement and the resulting rise in oligopolies is sorely neglected in most analyses of the rise of inequality and America’s flagging competitiveness.