Michael M. Thomas, R.I.P
I am very much saddened by the death of Michael M. Thomas, from old money and high finance, and vocally unimpressed by them.
Read more...Category Archives: Free markets and their discontents
A Half Century Since The Beginning Of The End Of The Post WW II Economic Order
Marking the 50th anniversary of the end of the Bretton Woods economic system.
Read more...Close to 50% of US Workers Can’t Afford to Rent One Bedroom Housing
An update on the already desperate and worsening state of the market for renters in the US.
Read more...Why Elon Musk Isn’t Superman
Why Elon Musk, despite having built significant operating companies, is still mainly in the bezzle business.
Read more...Pessimism, Cynicism & Realism, or the Edge of the Volcano
Accusations of pessimism (and why is pessimism bad anyhow?) is a cheap shot at well-founded criticism of Team Dem.
Read more...The Best Policies to Fight Pandemics: Five Lessons from the Literature So Far
Mining various studies on pandemic interventions to see which look most effective.
Read more...Globalization, Specialization, and the Division of Labour
A new angle on why workers lose out as globalization increases.
Read more...Hubert Horan: Can Uber Ever Deliver? Part Twenty-Six: With No Hope of Real Profits, Uber and Lyft Double Down on Fake Profit Metrics
Uber continues to hemorrhage cash and rack up impressive negative operating margins, yet the press eats up its accounting misdirection.
Read more...Biotechnology Greed Is Prolonging the Pandemic. It’s Inexcusable.
Government is failing when it stands pat in the face of “your money or your life” level corporate greed, now on display in this pandemic.
Read more...Central Banks Must Address Pandemic Challenges
Central banks in developing countries must use monetary policy to enhance fiscal space and support relief, recovery and transformation.
Read more...Often Overlooked, New Building Codes Could Buffer Climate Change
Yves here. It’s nice to see a discussion of a concrete measure (pun not intended) to slow climate change. We need way more approaches that can be executed at a local level. By Emma Foehringer Merchant. Originally published at Undark On September 9, 2020, California Energy Commission Chair David Hochschild opened a scheduled meeting with […]
Read more...Sloppy Pfizer Booster Clinical Trial Consent Form Provides Way to Exclude Reactions That Require Emergency Care
The Pfizer consent form for a clinical of its booster shot is troubling from a participants and public health persepctive.
Read more...The Moral Hazard of Limited Liability
Some concrete ideas for how to pin the tail of the limited liability donkey back on key insiders, and make regulators accountable.
Read more...Industrial Policy Coming Into Vogue After China Cleans US Clock by Using It
Industrial policy is an idea whose time has arrived in DC. Too bad the thinking seems stuck in the fad-chashing phase.
Read more...Grassroots Fight for $15 Movement Has Won $150 Billion in Raises for Millions of Workers, Study Shows
The campaign to raise the hourly wage to $15 has been racking up successes, even if the press doesn’t much take notice.
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