Sunday, September 14, 2025

2:00PM Water Cooler 3/17/2021

~ Today’s Water Cooler ~

Legalise It: Prohibition’s Repeal and Its Unintended Impact on Public Health

How the US Prohibition remains widely misunderstood and why that matters.

Links 3/17/2021

Michael Hudson and Paul Craig Roberts: It Is Time To Remove The Debt Barrier To Economic Growth

Why it’s time for a widespread debt writedown.

Yanis Varoufakis: Draghi’s Outrageous Deployment of McKinsey, Europe’s Predicament, DiEM25’s Proposals

Yanis Varoufakis decries how McKinsey is undermining democracy in a putative first world country, a big step up from South Africa and Saudi Arabia.

The Long Term Damage of Economic Downturns

As the well off sail on, either unaffected by or profiting from Covid’s impact, for many, the economic damage is severe and lasting.

2:00PM Water Cooler 3/16/2021

~ Today’s Water Cooler ~

Why Would Anyone Buy Crypto Art – Let Alone Spend Millions on What’s Essentially a Link to a JPEG File?

Trying to make sense of crypto art.

Links 3/16/2021

Spain’s Labor Office Hit by Massive Ransomware Attack As Unemployment Hits Four-Year High

The victims of this latest ransomware attack are among the most vulnerable in society — those who have lost their jobs or whose jobs have been furloughed.  

New York City Lost a Record 631,000 Jobs to the Pandemic in 2020. So What’s Next?

A look at the raw numbers behind the pain of New York City’s biggest economic downturn since the Great Depression.

Biden Stimulus Plan Shores Up Weakest Multi-Employer Pension Plans Rather than Taking on Private Equity Abuses

A Biden rescue of the sickest private pension plans goes largely under the radar.

2:00PM Water Cooler 3/15/2021

~ Today’s Water Cooler ~

Indian Vaccine Manufacturers: U.S. Use of Wartime Export Controls Threatens World Vaccine Production

Will the U.S. relax export controls that threaten global vaccine production? What’s the next step for U.S. vacccine diplomacy?

Links 3/15/2021