While Plato, following Socrates, saw money as leading to hubris, Greek philosophers didn’t care much for working men either.
Recent Items
Wednesday, November 5, 2025
Michael Hudson: Plato, Aristophanes and Aristotle on Money-Lust, 399-380 BC
Topics: Credit markets, Economic fundamentals, Income disparity, Moral hazard, Politics, Social values
Posted by Yves Smith at 6:19 am | 32 Comments »
Biden’s Appeasement of Hawks and Neocons Is Crippling His Diplomacy
Is Biden’s high testosterone foreign policy a feature or a bug?
Topics: China, Doomsday scenarios, Europe, Guest Post, Middle East, Politics, Russia
Posted by Yves Smith at 3:48 am | 30 Comments »
Ilargi: Ukraine Warheads
The US seems to be back in its “Fuck the EU” and frankly the American people mode over Ukraine.
Topics: Doomsday scenarios, Europe, Politics, Russia
Posted by Yves Smith at 12:42 am | 65 Comments »
2:00PM Water Cooler 4/22/2021
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 100 Comments »
The Coronavirus Crisis Within the Economy Is Far From Over – Because Reopening Creates a Whole New Type of Risk
Whither the post-Covid economy, assuming a “post-Covid”? The answer depends at least in part on where you sit.
Topics: Economic fundamentals, Europe, Guest Post, Income disparity, Macroeconomic policy, Pandemic, Politics, UK
Posted by Yves Smith at 9:55 am | 28 Comments »
Links 4/22/2021
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 164 Comments »
CalPERS Employee Accused of Embezzling $685,000 from Beneficiary Bank and CalPERS Accounts Hasn’t Been Arrested, Much the Less Prosecuted. Why the Cover Up?
CalPERS has allowed an employee accused of massive embezzlement to go free for months rather than seek her arrest and prosecution. What is it hiding?
Topics: Banana republic, CalPERS, Investment management, Legal, Ridiculously obvious scams
Posted by Yves Smith at 6:55 am | 20 Comments »
How America Can Curb the Epidemic of Violence Against Health Care Workers
Health care staffers are on the receiving end of violence more often than you might think, yet perilous little is done to protect them.
Topics: Banana republic, Guest Post, Health care, Legal, Regulations and regulators, Risk and risk management
Posted by Yves Smith at 4:01 am | 5 Comments »
Privacy Champions Urge Passage of ‘Fourth Amendment Is Not For Sale’ Act
Anti-Big-Tech sentiment has hit the point where it’s not crazy to hope for some recovery of digital privacy.
Topics: Banana republic, Free markets and their discontents, Guest Post, Legal, Media watch, Politics, Surveillance state, Technology and innovation
Posted by Yves Smith at 3:44 am | 22 Comments »
2:00PM Water Cooler 4/21/2021
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 112 Comments »
Softer Monetary Policy Increases Inequality
Quelle suprise! Asset-goosing loose monetary policy helps the rich more than the poor even in egalitarian Denmark.
Topics: Credit markets, Dubious statistics, Economic fundamentals, Europe, Guest Post, Income disparity, Investment management
Posted by Yves Smith at 9:55 am | 19 Comments »
Links 4/21/2021
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 150 Comments »
Competition Heats Up in the Melting Arctic, and the US Isn’t Prepared to Counter Russia
Shocker! Russia is end-running the US in the Arctic, even though Sarah Palin has been keeping an eye out. Where have the arm merchants been?
Topics: Global warming, Guest Post, Politics, Russia
Posted by Yves Smith at 4:57 am | 38 Comments »
Another False Start in Africa Sold with Gates Foundation Green Revolution Myths
The Gates-Foundation-promoted Green Revolution has proven harmful and also crowded out safer and effective ecological agriculture projects
Topics: Africa, Banana republic, Doomsday scenarios, Dubious statistics, Free markets and their discontents, Global warming, Guest Post, Income disparity, India, Permaculture, Politics, Ridiculously obvious scams
Posted by Yves Smith at 12:57 am | 28 Comments »
Jury Finds Derek Chauvin Guilty of Second Degree Murder, Third Degree Murder and Second Degree Manslaughter in George Floyd Trial
Jurors in the George Floyd trial found Derek Chauvin guilty on all counts: second degree nurder, third degree murder and second degree manslaughter
Topics: Income disparity, Legal, Politics
Posted by Yves Smith at 5:10 pm | 144 Comments »


