Who Benefits From New Technologies?
Do the benefits of new technologies accrue primarily to inventors, early investors, and highly skilled users, or to society more widely?
Read more...Category Archives: Dubious statistics
Who Pays for Stranded Assets? Taxpayers Are Footing The Bill For 100-Year Old Oil Wells
Why shuttering oil wells is a physical, economic, and political mess.
Read more...The Bank of England Votes for More QE – But This Is a Road That Will Run Out
Yves here. Richard Murphy’s observations about QE hitting its limits are clearly relevant to the US. Sadly, things will have to get worse before ideas like a job guarantee or Green New Deal-type work schemes even get a hearing. By Richard Murphy, a chartered accountant and a political economist. He has been described by the Guardian […]
Read more...8 Reasons Why Covid-19 Damage to the Economy Will Be Deep and Lasting
Why the economy is still mighty sick and won’t get much better any time soon.
Read more...Private Equity Clearly Inferior to Public Equity: Delivers Similar Returns With Lower Liquidity
More evidence that private equity underperforms on a risk-adjusted basis.
Read more...Initial Jobless Claims Decline Further, But Continuing Claims Fail To Make Meaningful Progress
Wellie, the latest jobless claims data wan’t horrific, merely very bad
Read more...Revealed: Nearly 400,000 British Companies Evade Anti-Money Laundering Checks
David Cameron promised to stop scammers and kleptocrats hiding behind British shell companies. But almost one in ten UK firms still do not declare ‘persons of significant control’
Read more...Covid-19 Recessions: This Time It’s Really Different
Why Covid-19 damage will be lasting.
Read more...Michael Hudson: Fed’s $10 Trillion Defends Assets of the Rich
Michael Hudson gives a detailed, if sobering, account of the outlook for the economy.
Read more...Why Did Covid-19 Spiral Out of Control?
Some Covid-19 sleuthing.
Read more...New Poll Says a Majority of Americans Would Privilege Slowing the Spread of COVID-19 Over Restarting the Economy (Despite the Relentless Assault of Get Back to Work, Slackers! Propaganda)
New ABC-Washington Post poll shows a majority favor halting the spread of COVID-19 over restarting the economy – despite the propaganda blitz.
Read more...Why Americans Are Tiring of Social Distancing and Hand-Washing – 2 Behavioral Scientists Explain
Most people are not neurotic enough to maintain disiplines like social distancing over long periods of time.
Read more...COVID-19 Cases and Deaths Surge: The Impact of Wisconsin’s In-Person Primary Vote
Yves here. Correlation is not causation, but the Wisconsin primary looks to have ushered in more Covid-19 infections. By Phillip Alvelda. Originally published at the Institute for New Economic Thinking website The world is on edge at the prospect of a resurgent wave of infections. Models and speculation are rife, but facts remain scarce, which […]
Read more...Political Scientist Tom Ferguson on Big Money and Social Conflicts in the Covid-19 Era
An incisive take from the no-holds-barred Tom Ferguson.
Read more...Nature Pimps for Fundamentally Flawed Gates-Funded “Swab Yourself” Covid-19 Test
An ambitious Bill Gates funded Covid-19 testing program called SCAN suffers from the health care version of “assume a can opener”.
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