Thursday, August 7, 2025

Financial Times Tells CalPERS Not to Go Further Into the Private Equity Haunted House

The Financial Times debunks private equity flim-flammery even as CalPERS and others sign up for more.

Links 3/22/2024

Corporate Dominance of International Trade System Is Ending, Claim Economists After Honduras Leaves ISDS Court

“As economists, we commend (Honduran) President Castro and the people of Honduras, and hope that countries across the world follow their lead toward a fairer, more democratic trade system.”

Texas Law Forces Pension Funds and Municipalities to Drop Use of Financial Firms that Support Net Zero

Texas is counter-sanctioning Big Finance firms over Net Zero initiatives designed to choke money flows to fossil fuel businesses.

“The Censorship Trap”

Rajiv Sethi joins the pushback against censorship, using Google’s bogus attack on one of his posts on this site as a point of departure.

Google Censorship: AI Run Amok Threatens Demonetization Over a Navigation Page with No Ads, An Article on a Foreign Policy Best-Seller Deemed Anti-Vaxx, and More Flagrant Errors

Google tries to censor this site based on a systematically flawed AI review. How many others will be victims of bad algos?

2:00PM Water Cooler 3/21/2024

~ Today’s Water Cooler: Politics, pandemics, Boeing assassination, beekeeping, cash ~

What Is Necessary for the Ukrainian “Sanitary Zone” to Be Sanitary?

Putin mentioned a sanitary zone as a possible solution to Russian security needs once the Ukraine war ends. What would that mean in practice?

Links 3/21/2024

“I Don’t Believe in Growth”

Why growth is no panacea.

Why Artificial Intelligence Must Be Stopped Now

The promise of artificial intelligence is eclipsed by its perils, which include our own annihilation.

What’s the Solution to Humanity’s Growing Ills?

Are space aliens the only creatures that might have a solution for the mess we are in? Any other deux ex machina candidates?

2:00PM Water Cooler 3/20/2024

~ Today’s Water Cooler: Politics and pandemics, Boeing imbroglio continues, Trump to unload Trump Tower?, hitchhiking ~

Industrial Policy, East or West, for Development or War?

The West has gone from disdaining industrial policy to becoming a true believer.

Links 3/20/2024