The Financial Times debunks private equity flim-flammery even as CalPERS and others sign up for more.
Recent Items
Thursday, August 7, 2025
Financial Times Tells CalPERS Not to Go Further Into the Private Equity Haunted House
Topics: CalPERS, Dubious statistics, Investment management, Politics, Private equity, Ridiculously obvious scams
Posted by Yves Smith at 9:55 am | 10 Comments »
Links 3/22/2024
Topics: Links
Posted by Yves Smith at 6:55 am | 283 Comments »
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.”
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 28 Comments »
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.
Topics: Energy markets, Environment, Global warming, Guest Post, Investment management, Legal, Politics
Posted by Yves Smith at 4:57 am | 11 Comments »
“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.
Topics: Guest Post, Health care, Media watch, Pandemic, Politics, Technology and innovation
Posted by Yves Smith at 3:00 am | 20 Comments »
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?
Topics: Media watch, Politics, Ridiculously obvious scams, Technology and innovation
Posted by Yves Smith at 7:50 pm | 103 Comments »
2:00PM Water Cooler 3/21/2024
~ Today’s Water Cooler: Politics, pandemics, Boeing assassination, beekeeping, cash ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 80 Comments »
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?
Topics: Doomsday scenarios, Europe, Guest Post, Russia
Posted by Yves Smith at 9:55 am | 42 Comments »
Links 3/21/2024
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 107 Comments »
“I Don’t Believe in Growth”
Why growth is no panacea.
Topics: Dubious statistics, Free markets and their discontents, Guest Post, Income disparity, Social policy, Social values, The dismal science
Posted by Yves Smith at 6:41 am | 52 Comments »
Why Artificial Intelligence Must Be Stopped Now
The promise of artificial intelligence is eclipsed by its perils, which include our own annihilation.
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Environment, Free markets and their discontents, Global warming, Guest Post, Politics, Technology and innovation, The destruction of the middle class
Posted by Yves Smith at 6:25 am | 96 Comments »
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?
Topics: Doomsday scenarios, Environment, Global warming, Guest Post, Politics
Posted by Yves Smith at 1:37 am | 57 Comments »
2:00PM Water Cooler 3/20/2024
~ Today’s Water Cooler: Politics and pandemics, Boeing imbroglio continues, Trump to unload Trump Tower?, hitchhiking ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 78 Comments »
Industrial Policy, East or West, for Development or War?
The West has gone from disdaining industrial policy to becoming a true believer.
Topics: Environment, Guest Post, Market inefficiencies, Politics
Posted by Yves Smith at 9:55 am | 21 Comments »
Links 3/20/2024
Topics: Guest Post, Links
Posted by Yves Smith at 6:55 am | 222 Comments »