It may seem peculiar to offer a defense of sort to the IRS, since most people here regard doing their taxes with even less enthusiasm than a visit to the dentist (although attitudes depend very much on the state of one’s finances and teeth). However, the reporting on the Democratic Party plan to increase IRS […]
Recent Items
Thursday, January 22, 2026
Republicans Are Being Mean to the IRS, Not That the Democrats Are Helping
Topics: Income disparity, Politics, Regulations and regulators, Social policy, Taxes, The dismal science
Posted by Yves Smith at 6:15 am | 37 Comments »
Europe’s Gas Price Is Now Equivalent To $410 Per Barrel Of Oil
How LNG scarcity is playing into Europe’s gas woes, and other markets are set to feel the effects of the LNG price squeeze.
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Europe, Free markets and their discontents, Guest Post, Russia
Posted by Yves Smith at 2:49 am | 64 Comments »
National Cyber Defenses Mean Businesses Can Keep Making Money From Public Services
By John McGregor, a translator and political violence researcher Cyber attacks targeting private sector providers for essential public services result in additional waste of public resources. When public health care fails in cyber security, politicians are quick to blame staff on the ground. But when private companies become the weak link, state resources are spent […]
Topics: Guest Post, Health care, Privatization, Risk and risk management
Posted by John McGregor at 6:55 am | 8 Comments »
Ukraine Could Abandon Key Labour Principle as Part of EU Drive
John here. In the midst of the current conflict, somehow Zelensky’s National Council for the Recovery of Ukraine from the War has found time to work on dismantling the collective bargaining structures in the country and undermining workers’ rights. However and whenever Ukraine eventually emerges from the conflict, it seems certain that Ukrainian workers will […]
Topics: Banana republic, Free markets and their discontents, Guest Post, Russia
Posted by John McGregor at 6:55 am | 20 Comments »
Links 8/21/2022
Topics: Guest Post, Links
Posted by John McGregor at 6:55 am | 240 Comments »
Links 8/20/2022
Topics: Links
Posted by Yves Smith at 6:55 am | 310 Comments »
Companies Are Paying Inflation Busting Dividends at Cost to the Rest of the Economy, Including Their Employees
How companies are paying dividends rather than investing in their business or paying employees better……and often borrow to do so.
Topics: CEO compensation, Corporate governance, Dubious statistics, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Investment outlook, Market inefficiencies, Ridiculously obvious scams, The destruction of the middle class
Posted by Yves Smith at 6:50 am | 31 Comments »
Abortion Is Shaking Up Attorneys General Races and Exposing Limits to Their Powers
Abortion has heated up normally sleepy state and local attorney general races.
Topics: Guest Post, Health care, Legal, Politics, Social policy, Social values
Posted by Yves Smith at 5:51 am | 14 Comments »
2:00PM Water Cooler 8/19/2022
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 104 Comments »
Will the Inflation Reduction Act Actually Reduce Inflation? How Will the Corporate Minimum Tax work? An Economist Has Answers
A look at some of the tax and tax collection changes in the Inflation Reduction Act.
Topics: Economic fundamentals, Guest Post, Income disparity, Macroeconomic policy, Taxes
Posted by Yves Smith at 9:55 am | 34 Comments »
Links 8/19/2022
Topics: Links
Posted by Yves Smith at 6:55 am | 188 Comments »
Scientific Research and the Unforeseen World: Why Basic Research is Essential
How the current process of funding science discourages basic research and makes fundamenal breakthroughs less likely.
Topics: Dubious statistics, Guest Post, Science and the scientific method, Social policy, Technology and innovation
Posted by Yves Smith at 6:50 am | 68 Comments »
Latin America Is Back on the Grand Chessboard, As Race for Resources and Strategic Influence Intensifies in New Cold War
Latin America is once again in the cross-hairs of the world’s great (but in some cases, declining) powers as the new Cold War heats up.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 14 Comments »
10 Years a Detainee: Why Some Spend Years on Rikers, Despite Right to Speedy Trial
Rikers Island was designed to hold people accused of crimes less than a year. Why have some been there for six, eight and even 10 years?
Topics: Guest Post, Income disparity, Legal, Politics, Ridiculously obvious scams, Social policy
Posted by Yves Smith at 4:47 am | 4 Comments »
2:00PM Water Cooler 8/18/2022
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 127 Comments »



