Pushing to reopen schools based on outdated science is poorly timed in face of coronavirus resurgence.
Recent Items
Sunday, September 14, 2025
New CDC Guidelines to Reopen Schools, Based on Outdated, Cherry-Picked, and Misinterpreted Data, Put Students, Teachers, and Communities at Risk
Topics: Banana republic, Doomsday scenarios, Dubious statistics, Guest Post, Health care, Pandemic, Politics, Science and the scientific method, Social policy
Posted by Yves Smith at 5:47 am | 36 Comments »
How Employers Punish Workers for Forming Unions
How employers play dirty tricks even after unions are voted in. The PRO Act, up for a Senate vote, would stop the worst practices.
Topics: Banana republic, Free markets and their discontents, Guest Post, Income disparity, Politics, Regulations and regulators, The destruction of the middle class
Posted by Yves Smith at 4:28 am | 36 Comments »
2:00PM Water Cooler 3/19/2021
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 174 Comments »
We May Be Living in a Moment of Misplaced Optimism
The current bout of optimism looks too close to giddy for my comfort. And yours?
Topics: Dubious statistics, Economic fundamentals, Guest Post, Health care, Income disparity, Macroeconomic policy, Pandemic, Social policy, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 82 Comments »
Links 3/19/2021
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 154 Comments »
Scoring the $1.9 Trillion Stimulus Plan and Earlier Covid Relief Programs
How to do a better job of getting relief to those who need it.
Topics: Banana republic, Doomsday scenarios, Economic fundamentals, Guest Post, Income disparity, Macroeconomic policy, Market inefficiencies, Pandemic, Politics, The destruction of the middle class, The dismal science
Posted by Yves Smith at 5:53 am | 10 Comments »
Another Blow to Tax Evasion and Money Laundering: UK Targets Art Market After US Goes After Anonymous Shell Companies
The US and UK are making life a bit harder for tax cheats.
Topics: Banana republic, Banking industry, Free markets and their discontents, Legal, Real estate, Regulations and regulators, Taxes
Posted by Yves Smith at 5:25 am | 5 Comments »
Stock Market Leverage Spikes in Historic Manner: Another WTF Chart of a Zoo that Has Gone Nuts
In an investment environment where nothing matters anymore – until old fasioned worries like leverage suddenly do.
Topics: Banana republic, Banking industry, Credit markets, Derivatives, Doomsday scenarios, Free markets and their discontents, Guest Post, Investment outlook
Posted by Yves Smith at 2:02 am | 20 Comments »
2:00PM Water Cooler 3/18/2021
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 118 Comments »
CalPERS Laughingstock: Marcie Frost, Who Previously Pursued Non-Existent Dual Bachelors/Masters Degree, Designates Herself Law School Grad and Bar Member; Investment Committee Chair Theresa Taylor Admits Not Knowing What SPACs Are
CalPERS’ leadership has such an advanced case of Dunning Kruger effect that they can’t recognize when they are making fools of themselves.
Topics: Banana republic, CalPERS, Corporate governance, Garrulous insolence, Legal
Posted by Yves Smith at 9:46 am | 26 Comments »
CalPERS Board Member Theresa Taylor Outs that a Staff Member Has Committed Fraud; When Will Giant Pension Come Clean?
Yet more misconduct at CalPERS.
Topics: Banana republic, CalPERS, Corporate governance, Investment management, Legal
Posted by Yves Smith at 9:45 am | 6 Comments »
Links 3/18/2021
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 134 Comments »
Patent System Often Stifles the Innovation It Was Designed to Encourage
Why the US patent regime is broken and what could be done to fix it.
Topics: Economic fundamentals, Guest Post, Legal, Regulations and regulators, Ridiculously obvious scams, Technology and innovation
Posted by Yves Smith at 5:06 am | 26 Comments »
The Free Press versus Facebook and Google
Are Facebook and Google the new ‘public square’? Or are they publishers swiping content from others?
Topics: Free markets and their discontents, Guest Post, Legal, Media watch, Regulations and regulators, Ridiculously obvious scams, Surveillance state, Technology and innovation
Posted by Yves Smith at 4:46 am | 12 Comments »
The Full Case Against Ultra Low and Negative Interest Rates
Why unprecedentedly low and negative nterest rates will probably not stimulate demand and may even threaten financial stability.
Topics: Banking industry, Credit markets, Doomsday scenarios, Dubious statistics, Economic fundamentals, Federal Reserve, Free markets and their discontents, Guest Post, The dismal science
Posted by Yves Smith at 1:17 am | 34 Comments »