The Execution of the CFPB: Capitalism Survives Another Attempt to Save It
A discussion of Elizabeth Warren’s naivete about the predatory nature of capitalism.
Read more...Category Archives: Free markets and their discontents
Climate Minsky Moments: Why They May Matter Less Than Expected
“Climate Minsky moments” do not warrant delaying ambitious climate policy.
Read more...Paradise Is a Police State: Examining the Techno-Optimism of Billionaire Silicon Valley Investor (And Unofficial Trump Administration Adviser) Marc Andreessen
The unlimited AI and energy now being unleashed is supposed to usher in a new utopia centered around low wages and prices. So why are Andreessen and friends so intent on a police state as part of the grand experiment we’re all being enlisted in?
Read more...It’s Going to be Torture as the Path to Starmer’s Inevitable Demise Is Rolled Out
A Starmer death watch sighting.
Read more...ICE Faking News: Games Search Engines to Make Mass Deportations Appear Way More Massive Than They Are
Mass deportation raids have barely started, yet ICE is faking their prevalence! What gives?
Read more...AI’s Impending Information Crisis
AI coverage whistles past the graveyard of its lack of enough content to generate good output, assuring garbage in, garbage out.
Read more...Trump Declares Economic War on Just About Everyone That Matters. Is a Smash-Up a Feature and Not a Bug? Update: Mexico One Month Pause. Who Blinked?
Trump is opening up a multi-front economic war by imposing tariffs on America’s biggest trade partners, with the EU next in line. What gives?
Read more...The Economic Benefit of Conflict: A Thriving Armaments Sector
Quelle surprise! Data supports the notion that defense contractors do well in times of conflict.
Read more...From MAHA to MAGA: Can We Get There?
Why MAHA won’t accomplish much even if it gets off the starting block unless the US also addresses inequality. Good luck with that.
Read more...How Shareholder Activism Became Toxic—and How to Fix It
How shareholder activism, which once helped check self-serving managements, has become the province of hedge fund extortionists.
Read more...Medical Research Depends on Government Money – Even a Day’s Delay in the Intricate Funding Process Throws Science Off-Kilter
NIH funding is a case study of how the Trump wreaking ball will damage medical research and undermine US leadership in medicine.
Read more...Cut Flowers, Coffee, and a Geopolitical Shock
Colombia and coffee and flowers, or how successful bullying does not necessarily translate into durable wins.
Read more...New York Times Defends Mexican Cartels Because US Economy
The New York Times sinks to a new low in defending Mexican cartels because they are too intertwined in US economic activity.
Read more...Tariffs Are Coming: How Trade Dynamics Will Shape Aggregate Demand and Inflation
Consumers may not suffer from more inflation per official data if Trump imposes tariffs. But that does not mean they won’t be worse off.
Read more...Wolf Richter: DOGE Seeks to Shed Vast Amounts of Government Office Space. Here’s How Much the Government Leases, and Where, and What Leases it Can Shed During Trump’s Term
For CRE, the motto in 2024 was “Survive till 2025” via extend-and-pretend. Now it’s 2025, and here comes the government’s office space.
Read more...