~ Today’s Water Cooler ~
Sunday, October 12, 2025
Jamie Galbraith: How Jason Furman and Lawrence Summers Reinforce a Destructive, Debunked Mainstream Paradigm to Support Deficit Spending
To defend deficits, Furman and Summers relied on debunked theories, thus preserving destructive mainstream economic ideas.
Brexit Chaos Was Entirely Predictable Because the World Works on Routine, and Brexit Breaks All the Routine Systems on Which Trade Has Relied
Brexit disruption has started even with a skimpy deal still theoretically possible.
Medicare Blues
Medicare is not looking good.
Why America’s Future Depends on Rebuilding Our Factories
Bringing factories back to the US would have been a good idea 20 years ago. Hard to see how we get there from here now.
2:00PM Water Cooler 12/8/2020
~ Today’s Water Cooler ~
CalPERS Employees Beware: Don’t Fill Out Non-Confidential Survey Jiggered to Falsely Boost Executive Bonuses
Memo to CalPERS employees: If you see staff or vendors profiteering, call a lawyer. You could win a financial award and stop the abuse.
Is It Time for a Debt Jubilee?
Steve Keen and Micheal Hudson provide a deep dive on a debt jubilee, and how it could be implemented in a Covid-afflicted economy.
Google Monopolizes Ad Markets Through Conduct Lawmakers Prohibit in Other Electronic Trading Markets
How Google’s abuses allow the search giant to dominate online advertising, and what can be done about it.
Millions of Tenants ‘Headed for Absolute Disaster’ After New Year, Owing Average of Nearly $6,000 in Rent and Utilities
The clock is ticking for underwater tenants, and Congressional relief looks set to be too little, too late.
R.I.P The University, b. 1088, d. 2020, of Covid
Opportunistic university administrators seize the opportunity presented by Covid to gut academic freedom and turn faculty into employees
2:00PM Water Cooler 12/7/2020
~ Today’s Water Cooler ~
Demand for COVID Vaccines Expected to Get Heated — And Fast
Experts in ethics and immunization behavior say they expect attitudes toward vaccines to shift quickly from widespread hesitancy to urgent, even heated demand.
