~ Today’s Water Cooler ~
Saturday, January 3, 2026
Australian State Government Bails Out Owners of Taxi Licenses After Uber Destroys Their Value
The NSW government allowed Uber’s illegal market entry and now makes consumers pay to bail out taxi license owners. Having paid to bail out taxi owners, the NSW taxi industry will nonetheless be completely deregulated.
Ramping Up Renewables Won’t Save The World From A Cold Winter
Renewables alone won’t be able to supply our coming energy needs. A decline in nuclear power as well as local production and storage of natural gas has left places like Europe particularly vulnerable to energy shortages in the winter.
The US-Led War on Drugs, Now in Its 51st Year, Just Hit a Major Snag in Colombia
After a million deaths in Latin America, Washington’s staunchest ally in the region just called time on the US’ “irrational war against drugs”.
Is ‘Seize Now, Sort It Later’ Itself an Assault on Liberty?
In a novelist’s world, there’d be two attacks on liberty, and the public would be led to see one of them.
2:00PM Water Cooler 9/22/2022
~ Today’s Water Cooler ~
Free Market Genocides: The Real History of Trade
How so-called free trade has often brought large scale death, sometimes by design.
Further Thoughts on Russian Partial Mobilization and Next Steps
Additonal speculation about the Putin speech, the Russian partial moblization, and what might happen next.
Satyajit Das: Emerging Market Crisis Pathologies
Why emerging markets look set to suffer a world of hurt.
Kentucky Retirement Systems Lawsuit Targets New York Fixer Regina Calcaterra for Alleged Bid Fixing
What passes for the elite in this country is normally immune from prosecution or even career harm if they follow their monetary interests: curry favor with the right people, never cross anyone important unless the potential payoff is worth it. Morals be damned. We may have the gratifying spectacle of someone who openly, as in […]
Housing Bubble Woes: Home Prices Drop 3.5%, Steepest Monthly Drop since Jan. 2016. Sales, Already at Lockdown Levels, Drop Further. Active Listings Rise Further
The housing market in the US, not surprisingly, is looking pretty punky.
2:00PM Water Cooler 9/21/2022
~ Today’s Water Cooler ~
U.S. Senators Propose Secondary Sanctions On Russian Oil
Some US senators are pushing what looks like another sanctions own goal…..assuming it gets done.
