Why Are We Still Working So Hard?
Why are long hours and more focus on work the new normal?
Read more...Author Archives: Yves Smith
No, the Tax Court Did Not Repeal Attorney-Client Privilege
Contrary to the claims of some overwrought Easter weekend posts, the tax court did not revoke attorney-client privilege. Here’s why.
Read more...Satyajit Das: Flash Boys’ HFT Mumbo Jumbo
Satyajit Das reviews Michael Lewis’ book Flash Boys. Das finds it to be deeply flawed,: deficient in its understanding of HFT and not very well written.
Read more...Volcker Rule: Swiss-Cheesed or Beefed Up?
Gerald Epstein provides an informative, layperson-accessible update on what has become of the much-ballyhooed Volcker Rule.
Read more...Links 4/21/14
McKinsey Gives “Dare to Be Great” Speech to Private Equity Investors as Returns Fall
McKinsey has issued a new report on the private equity industry that ought to give any investor cause for pause.
Read more...The Real Problem with High Frequency Trading
While Michael Lewis’ book Flash Boys is sensationalistic and simplistic, it may goad regulators into action, particular since many knowledgeable observers have been making similar arguments for years. But let’s hope they focus on the real issues.
Read more...Ilargi: Ukraine – Part of United States’ Desperate Solutions For Not Sinking Alone?
Is the conflict in the Ukraine more about economics than geopolitics, namely, about preserving US hegemony at the expense of the BRICS?
Read more...Tom Engelhardt: Too Big to Jail? Why Kidnapping, Torture, Assassination, and Perjury Are No Longer Crimes in Washington
Why national security state crimes seem to fall into a “too big to fail”-like category. Call it “too big to jail.”
Read more...Links 4/20/14
Abigail Field: Our Corrupt Tax Code
ur nation’s tax code reflects our corrupt politics. The code contains many provisions that benefit our wealthiest, most powerful companies and people while hurting the rest of us.
Read more...Paul Krugman Discusses Piketty’s Capital and the Rise of Inherited Wealth on Bill Moyers
Paul Krugman discusses Thomas Piketty’s new book, Capital in the Twenty-First Century, on Bill Moyers’ show.
Read more...Links 4/19/14
Please Join Us at Our NYC Meetup Next Friday, April 25
I hope readers in New York will be able to join us at an informal gathering next Friday, April 25, from 5 PM to 8 PM.
Read more...Yanis Varoufakis on the “Success” of Greece’s Bond Sale
Yves here. The RT show Boom/Bust has an informative conversation with Yanis Varoufakis on the conundrum of the recent successful Greece bond offering.
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