Saturday, June 21, 2025

Quelle Surprise! Bank Too Big to Fail Problem Not Solved as Lobbyists Scheme to Make It Worse

Bank lobbyists want to weaken bank regulations even after rich stakeholders in recent “not-to-big-to-fail “bank failures were rescued.

Forward-Looking Labor Supply Responses to Changes in Pension Wealth

Workers adjust their immediate labour supply in response to the income effects caused by changes to future pensions.

Summits Mark Rapidly Changing World Order

Radhika Desai and Michael Hudson discuss what the recent spate of major summits, from BRICS to the G20 to NATO portend.

Five Cute Videos of Dogs Swimming (Plus One Cat (Plus One Human))

“Happy the people in the swimming-pool and on the yacht….”

Links 9/24/2023

How Will Rural Americans Fare During Medicaid Unwinding? Experts Fear They’re on Their Own

The researchers found that former Medicaid enrollees looking for health plans on the private market face aggressive, misleading marketing of limited-benefit products that don’t cover important services and fail to protect consumers from high health costs.

Links 9/23/2023

Poland Hinted That Germany Is To Blame For Its Dispute With Ukraine

More discussion of the Poland-Ukraine dustup, which has major implications for the war.

Artificial Intelligence: Profit Versus Freedom

It isn’t AI displace jobs. That’s the result of capitalists giving priority to profits, versus say product or workplace improvement.

2:00PM Water Cooler 9/22/2023

~ Today’s Water Cooler ~

Hot Temperatures: A New Player in Housing Markets

Identifying a new source of climate change housing price risk: heat, as in too much.

Links 9/22/2023

The Coming Ukraine Collapse and the “Rebuilding” Headfake

The hyping of Ukraine rebuilding is at least as delusional as the earlier war talk.

A Valuable Lesson from Mexico: AMLO Government Cancels Extortionate Public-Private Partnerships for 9 Public Hospitals

This will probably not have gone down well with the World Economic Forum, which prides itself on being “the international organization for public private cooperation.”

Will ‘Poor Man’s Cocaine’ Fuel the Next U.S. Drug Crisis?

The cheap and highly addictive cocaine-like stimulant Captagon shows signs of following in the opioid fentanyl’s footsteps.