The fact that Scalia argues against affirmative action comes close to serving as proof that it is sound policy, or at least less bad than the alternatives.
Read more...How did Janet Yellen and the Federal Reserve justify their rate increase now, despite strong signs that there is little economic basis for doing so?
Call this an exercise in twisted logic, plain and simple.
Read more...Thanks to EU and Eurozone misrule, Le Pen is right when she says: “Nothing can stop us”.
Read more...How Michael Lewis’ The Big Short, whether for profit or by accident, has denied the public the truth about what really causes the crisis.
Read more...On how race plays into the operation of a “dual economy”.
Read more...CalPERS’ plan to eliminate the measurement of private equity risk, a seismic change, is a case study in how staff manipulates the board to its own advantage.
Read more...How can recent technical change could both be a major source of dis-employment and not be associated with productivity improvement?
Read more...As bad as available data says wealth concentration is, it is probably even worse.
Read more...So now even austerity is getting product placement in movies….
Read more...The Paris climate talks are destined to be too little, too late, and here is a framework for understanding why.
Read more...A new study devastates the widely-touted claim that corporate tax cuts promote growth.
Read more...An excerpt from CEPR co-director Mark Weisbrot’s important new book, Failed.
Read more...CalPERS staff and outside experts went to considerable lengths distort data and abuse analytical methods to make the case that only private equity could offer the allegedly superior returns needed to meet CalPERS’ targets. The fact that CalPERS did not make an honest case for private equity suggests that no honest case could be made.
Read more...Our favorite curmudgeon, political scientist Tom Ferguson, appeared on Real News Network to tease some signal out of the considerable noise on Donald Trump.
Read more...Harvard’s Professor Josh Lerner gave CalPERS what was presumably a pep talk for investing in private equity that was so contradictory as to amount to a case against it.
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