Everything’s Fine Until Suddenly it Isn’t: How a “Leveraged Loan” Blows Up
A post-mortem of a leveraged loan bust: private equity wins, too bad for everyone holding the bag.
Read more...Category Archives: Guest Post
Links 7/18/19
Why Are Billionaires Like Jeff Bezos So Interested in Space?
There are good reasons to be leery of billionaires colonizing a public sector activity like space exploration.
Read more...Agroecology as Innovation
A UN report on agroecology finds that many farming methods pooh-poohed as traditional offer significant advantages over industrial farming.
Read more...As Flood Risks Rise Across the US, It’s Time to Recognize the Limits of Levees
How levees become counterproductive as flood severity increases.
Read more...The Numbers Are In, and Trump’s Tax Cuts Are a Bust
Why Trump’s tax “reforms” didn’t deliver on growth, just on rentierism.
Read more...The ‘New Right’ Is Not a Reaction to Neoliberalism, but Its Offspring
Why the success of the far right shows that neoliberalism is very much alive and well.
Read more...2:00PM Water Cooler 7/16/2019
Today’s Water Cooler: Castro, Harris, O’Rourke, Steyer, Warren, Democrat debates, AOC v. Pelosi, Koch Brothers, Case-Deaton, industrial production and retail sales both strong, central bankers want fiscal assistance, Amazon, Tesla, Google, Uber, fossil fuels, carbon tracker, Eric Garner, oppression
Read more...Waste Watch: Why Do We Discard So Many Edible Fish We Pull From the Sea?
New House of Lords report laments failure to slow discarding edible fish back into the sea; Australia also tosses much of its catch.
Read more...Taxes for Revenue Are Obsolete
In a 1946 classic, New York Fed chairman Beardsley Ruml explains why taxes aren’t necessary for Federal spending and argues against corporate income taxes.
Read more...The Big Blue Gap in the Green New Deal
Filling in the missing chapter on oceans for the Green New Deal,
Read more...Why Social Mobility Is a Lousy Idea
Recognizing social mobility as yet another “divide and conquer” strategy.
Read more...2:00PM Water Cooler 7/15/2019
Today’s Water Cooler: China’s economy and tariffs, Sanders and the media, Pelosi & Trump v. AOC, AOC interview, Tammany Hall, manufacturing, banking reserves, robot car hype dying down?, political scenarios for climate disaster, sand, Manhattan blackout, the public option, wage theft, Art Young
Read more...How NGOs in Rich Countries Control their Counterparts in Poor Countries..and Why they Refuse to Resolve it
Many NGOs around the world are fighting inequality between the rich and the poor, but the bigger NGOs are unwilling to fight policies that keep rich NGOs richer.
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