Contrary to right wing beliefs, giving citizens stimulus payments didn’t lead them to loaf.
Recent Items
Tuesday, July 1, 2025
How US Consumers Use Their Stimulus Payments
Topics: Doomsday scenarios, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Macroeconomic policy, Pandemic, Social policy
Posted by Yves Smith at 4:42 am | 18 Comments »
2:00PM Water Cooler 9/9/2020
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 191 Comments »
Regressive Taxation Must Be Reversed
Discussing taxation proposals by inequality mavens Emanuel Saez and Gabriel Zucman.
Topics: Free markets and their discontents, Guest Post, Income disparity, Taxes, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 21 Comments »
Links 9/9/2020
Topics: Links
Posted by Yves Smith at 6:55 am | 278 Comments »
Democracy Scares, from the Destruction of Bryan to the Abdication of Bernie: Why America Desperately Needs a Second Populist Movement but Ain’t Gonna Get One an interview + Review of The People, No! A Brief History of Anti-Populism by Thomas Frank
Thomas Frank explains why populist campaigners face such a hostile environment now.
Topics: Banking industry, Free markets and their discontents, Guest Post, Income disparity, Politics, Social values, The destruction of the middle class
Posted by Yves Smith at 6:23 am | 87 Comments »
Brexit: Pear Shaped
A desperate Government Brexit ploy, perhaps conceived to increase its negotiating options, has quickly become an own goal.
Topics: Banana republic, Brexit, Doomsday scenarios, Europe, Legal, Politics, UK
Posted by Yves Smith at 6:05 am | 70 Comments »
How Warming Will Widen the Italy North-South Economic Gap
In Italy and elsewhere around the globe, climate change will worsen existing inequalities, researchers say.
Topics: Doomsday scenarios, Economic fundamentals, Europe, Global warming, Guest Post, Income disparity, The destruction of the middle class
Posted by Yves Smith at 4:51 am | 14 Comments »
2:00PM Water Cooler 9/8/2020
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 163 Comments »
Treating Offenders: They Tried To Make Me Go to Rehab and I Said “Yes, Yes, Yes”
A new study on custody treatments of juvenile offenders finds rehabiltation reduces recidivism compared to coercive regimes.
Topics: Guest Post, Income disparity, Social policy
Posted by Yves Smith at 9:55 am | 19 Comments »
Links 9/8/2020
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 227 Comments »
History Gives Reason to Hope That We Can Beat Inequality
Not surprisingly, fighting inequality has always been an uphill battle, but history gives some insight on tactics.
Topics: Free markets and their discontents, Guest Post, Income disparity, Politics, Social values, The destruction of the middle class
Posted by Yves Smith at 5:33 am | 43 Comments »
Another Compliance Failure: CalPERS Discussed Recusal of Ex-CIO Ben Meng but Failed To Enforce It; CEO Marcie Frost Says “Not My Job”
CalPERS CEO Marcie Frost told the press that she’s punting on her compliance duties.
Topics: Banana republic, CalPERS, CEO compensation, Corporate governance, Investment management, Legal, Regulations and regulators
Posted by Yves Smith at 9:48 pm | 24 Comments »
Influential California State University Council Calls for CalPERS CEO Marcie Frost to Go on Administrative Leave During Investigation by Inspector General
A CSU group has asked Gavin Newsom to put CalPERS CEO Marcie Frost on administrative leave while an inspector general probes governane failings.
Topics: Banana republic, CalPERS, CEO compensation, Corporate governance, Legal, Politics
Posted by Yves Smith at 9:47 pm | 10 Comments »
2:00PM Water Cooler Labor Day 2020
Happy Labor Day!
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 127 Comments »
Links 9/7/2020
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 230 Comments »