The Robinhood contretemps shows how the US confuses a financial casino for productive activity.
Recent Items
Sunday, September 14, 2025
The Fatuous Uproar About Robinhood and GameStop
Topics: Banana republic, Free markets and their discontents, Hedge funds, Investment management, Regulations and regulators
Posted by Yves Smith at 6:54 am | 174 Comments »
Vaccination Chaos Fuels Push to Recall Gavin Newsom
Gavin Newsom needs to pull his vaccination program out of its nosedive. Is he up to the task?
Topics: Banana republic, Guest Post, Health care, Pandemic, Politics
Posted by Yves Smith at 5:33 am | 25 Comments »
The Third-World Flavor of America’s Love Affair with the Military
The dangers of undue deference to men in military uniforms.
Topics: Banana republic, Guest Post, Media watch, Middle East, Politics, Social values
Posted by Yves Smith at 1:03 am | 60 Comments »
2:00PM Water Cooler 1/28/2021
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 129 Comments »
TikTok Got A US Reprieve, But Elsewhere, It’s War
Tik-Tok is getting its wings clippped. But how far will containment efforts go?
Topics: China, Free markets and their discontents, Guest Post, Investment outlook, Legal, Media watch, Politics, Regulations and regulators, Technology and innovation
Posted by Yves Smith at 9:55 am | 9 Comments »
Links 1/28/2021
Topics: Links
Posted by Lambert Strether at 6:55 am | 187 Comments »
Should President Biden Revoke Section 230?
“What to do about tech platforms” has fixated on Section 230, when more should be done.
Topics: Free markets and their discontents, Guest Post, Legal, Media watch, Politics, Regulations and regulators, Social policy, Surveillance state, Technology and innovation
Posted by Yves Smith at 5:54 am | 30 Comments »
Think US Evangelicals Are Dying Out? Well, Define Evangelicalism …
Evangelicals are becoming less church-going, which means their numbers are probably under-estimated.
Topics: Guest Post, Politics, Social values
Posted by Yves Smith at 4:47 am | 37 Comments »
Oxford Pledged to Donate Covid Vaccine Rights, Then Sold Them, Thanks to Bill Gates
Oxford planned an anti-capitalist solution for a global health problem. Then Bill Gates got involved.
Topics: Banana republic, Dubious statistics, Free markets and their discontents, Guest Post, Health care, Pandemic, Ridiculously obvious scams, Social policy
Posted by Yves Smith at 12:14 am | 24 Comments »
2:00PM Water Cooler 1/27/2021
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 135 Comments »
COVID-19 Has Exposed the Fragility of Our Food System—Here’s How We Can Localize It
The pandemic has shown the need to localize food production. Farms from Northern California to Canada are creating regional food systems.
Topics: Guest Post, Pandemic, Permaculture, Social values
Posted by Yves Smith at 9:55 am | 63 Comments »
Links 1/27/2021
Topics: Links
Posted by Lambert Strether at 6:55 am | 134 Comments »
Michael Olenick: From Intel to Apple – Noncompetes are Bad Business
Silicon Valley would never have taken off if noncompetes had been used in its early years, yet titans later restricted hiring across the industry.
Topics: Free markets and their discontents, Guest Post, Income disparity, Legal, Technology and innovation
Posted by Yves Smith at 5:04 am | 7 Comments »
The Oregon Republican Party Issues a Condemnation (and a Reader Query)
Soliciting reader help on identifying the ethnographics of the diehard Republican.
Topics: Banana republic, Guest Post, Politics, Social values
Posted by Yves Smith at 4:35 am | 132 Comments »
‘We’re Not Controlling It in Our Schools’: Covid Safety Lapses Abound Across US
America’s inability to devise and implement Covid-containment strategies in schools illustrates why the disease won’t be vanquished soon.
Topics: Banana republic, Guest Post, Health care, Legal, Pandemic, Politics
Posted by Yves Smith at 2:50 am | 35 Comments »