“Modern” elements of enterprise were present in Mesopotamia in the third millennium BC and the institutions supported long-term growth
Recent Items
Friday, December 26, 2025
Michael Hudson: Some Myths Regarding the Genesis of Enterprise
Topics: Currencies, Free markets and their discontents, Guest Post, Politics, Social policy, Social values, The dismal science
Posted by Yves Smith at 4:19 am | 21 Comments »
2:00PM Water Cooler 5/23/2024
~ Today’s Water Cooler: Politics, Pandemics; can the Democrats allow Trump to take office, White House issues corrections, Marijuana policy (“and boogie they will”) ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 104 Comments »
Masks Work, Our Comprehensive Review Has Found
Finally, a rigorous study on mask use shows definitively that masks do indeed work, as in reduce transmission of respiratory diseases.
Topics: Guest Post, Health care, Pandemic, Politics, Science and the scientific method
Posted by Yves Smith at 9:55 am | 40 Comments »
Links 5/23/2024
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 198 Comments »
Satyajit Das: The Economic Costs of Modern War
How economic, military and political costs and consequences are intersecting in the Ukraine and Israel-Palestine conflicts
Topics: China, Doomsday scenarios, Economic fundamentals, Europe, Guest Post, Middle East, Politics, Russia
Posted by Yves Smith at 6:50 am | 28 Comments »
Why Corporations Choose Lawlessness to Fight Unions
Workers at companies like Apple and Starbucks face armies of union-busting lawyers advising employers to repeatedly violate labor laws.
Topics: Free markets and their discontents, Guest Post, Income disparity, Legal, Social values, The destruction of the middle class
Posted by Yves Smith at 5:25 am | 14 Comments »
Collapse of the Thwaites Glacier Has Accelerated
The timetable for the collapse of the Thwaites Glacier is collapsing, and why that matters.
Topics: Doomsday scenarios, Environment, Global warming, Guest Post
Posted by Yves Smith at 3:31 am | 38 Comments »
2:00PM Water Cooler 5/22/2024
~ Today’s Water Cooler: Politics, syndemics, Stefanik files ethics complaint against Merchan, Greenhalgh publishes ginormous, magisterial study, stomps anti-maskers and droplet dogmatists, “trust your immune system.” ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 59 Comments »
Israel Gaza Starvation Ploy Intensifies With Seizure of Rafah Crossings
The Rafah operation is speeding the pace of genocide in Gaza. That looks to be its primary aim.
Topics: Doomsday scenarios, Middle East, Politics
Posted by Yves Smith at 10:20 am | 24 Comments »
Links 5/22/2024
Topics: Links
Posted by Yves Smith at 6:59 am | 183 Comments »
Gresham’s Law Comes for Science
Science publication has become so corrupted that entire journals have been shut down over running fake research. How did we get here?
Topics: Dubious statistics, Free markets and their discontents, Guest Post, Health care, Media watch, Science and the scientific method
Posted by Yves Smith at 5:42 am | 24 Comments »
“Am I An Extremist? ”
How the UK is using the extremist label to act against people holding mainstream views. The US is not far behind.
Topics: Free markets and their discontents, Global warming, Guest Post, Legal, Media watch, Middle East, New McCarthyism, Politics, UK
Posted by Yves Smith at 5:15 am | 41 Comments »
Housing, Not Handcuffs
US policy towards the homeless becomes ever more mean-spirited, apparently to justify not dealing with the problem of unaffordable housing.
Topics: Guest Post, Income disparity, Legal, Politics, Real estate, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 12:51 am | 40 Comments »
2:00PM Water Cooler 5/21/2024
~ Today’s Water Cooler: Politics, syndemics, Trump trial winding down, Biden’s path to victory, a one-liner to revert Google search results to a list of blue links again ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 91 Comments »
From the History of Israel−Palestine Conflict: The First Palestinian Intifada Against the State of Israel (1987−1993) and its Political Consequences
For those looking for the libretto to the Middle East version of Gotterdammerung, a compact retelling of the First Intifada.
Topics: Doomsday scenarios, Guest Post, Middle East, Politics
Posted by Yves Smith at 9:55 am | 5 Comments »


