A constitutional convention is remaking Chile to break with the model forged by murderous dictator Augusto Pinochet
Recent Items
Saturday, February 7, 2026
Neoliberalism Was Born in Chile. Now It Will Die There
Topics: Banana republic, Banking industry, Commodities, Currencies, Dubious statistics, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Politics, The destruction of the middle class, The dismal science
Posted by Yves Smith at 5:16 am | 34 Comments »
2:00PM Water Cooler 1/31/2022
~ Today’s Water Cooler: Open thread ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 123 Comments »
Reddit, r/antiwork, the FOX Interview, What Was Said (and What Might Have Been Said)
FOX News sharpens the contradictions within Reddit’s r/antiwork
Topics: Guest Post, Income disparity, Politics
Posted by Lambert Strether at 1:58 pm | 65 Comments »
Links 1/31/2022
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 105 Comments »
Covid Situation Continuing to Develop Not Necessarily to the Officialdom’s Advantage
The new Covid news isn’t better than the old Covid news, and some is actually disconcerting.
Topics: China, Doomsday scenarios, Dubious statistics, Free markets and their discontents, Globalization, Health care, Media watch, Pandemic, Politics, Risk and risk management, Science and the scientific method, Social policy
Posted by Yves Smith at 6:54 am | 120 Comments »
The American Hyper-Focus on Individualism Makes Us Poorer, Sicker, and Sadder
Our wealth, health and happiness problems are not individual personal troubles that can be resolved by exhorting people to think or act differently.
Topics: Free markets and their discontents, Guest Post, Income disparity, Politics, Social values, The destruction of the middle class
Posted by Lambert Strether at 6:45 am | 40 Comments »
Russia/Ukraine: The Donkey Turd Bomb and US Empire in Europe – How It Began, How It Is Ending
Russia’s Foreign Minister Sergey Lavrov sets forth what Russia might do next with respect to Ukraine.
Topics: Doomsday scenarios, Europe, Guest Post, Politics, Russia
Posted by Yves Smith at 12:15 am | 97 Comments »
The Romance of Shipping Container Lashing
The material realities of the ocean and the workers lashing down the containers.
Topics: Globalization, Guest Post, Income disparity, Infrastructure
Posted by Lambert Strether at 2:00 pm | 22 Comments »
Links 1/30/2022
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 279 Comments »
I Write About America’s Absurd Health Care System. Then I Got Caught Up in It.
I had 17 days’ worth of insulin left.
Topics: Health care, Ridiculously obvious scams
Posted by Lambert Strether at 6:25 am | 75 Comments »
Links 1/29/2022
Topics: Links
Posted by Yves Smith at 6:55 am | 254 Comments »
Bad as QE Was, Unwinding It Rapidly Could Be Worse
Getting out of super low interest rates and unwinding QE is proving to be easier said than done.
Topics: Banking industry, Credit markets, Dubious statistics, Economic fundamentals, Federal Reserve, Guest Post, The destruction of the middle class, The dismal science, UK
Posted by Yves Smith at 5:36 am | 69 Comments »
Book Review: The Science Behind Aesop’s Menagerie
In “Aesop’s Animals,” zoologist Jo Wimpenny provides a guided tour of animal behavior drawn from the classic fables.
Topics: Curiousities, Guest Post, Science and the scientific method, Social values
Posted by Yves Smith at 4:54 am | 14 Comments »
2:00PM Water Cooler 1/28/2022
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 125 Comments »
McKinsey: Net-Zero By 2050 Needs $9.2 Trillion Annual Investment
McKinsey gives a not surprisingly big estimate for the cost of energy transition. But it’s unlikely to have considered radical conservation.
Topics: Doomsday scenarios, Dubious statistics, Economic fundamentals, Energy markets, Environment, Global warming, Guest Post, Income disparity, Infrastructure, Politics
Posted by Yves Smith at 9:55 am | 15 Comments »



