Sunday, September 14, 2025

China Takes Step Against Securitization, Consumer Borrowing With Suspension of Ant IPO

With its smackdown of Ant and its billionaire founder Jack Ma, China has made clear that financiers do not call the shots.

How Kurdistan Is Taking Advantage Of Iraq’s Oil Crisis

Iraq is in bad enough shape that the Kurds look able to score a rare win.

2:00PM Election Day Water Cooler 11/4/2020

~ The hottest hot takes ~

How Covid-19 Is Increasing Support for Social Spending

Quelle surprise! Americans want better social safety nets, particularly now with the Covid wolf at the door.

Links 11/4/2020

The Other Eviction Moratorium: Storefront and Office Tenants are Hanging on. But for How Long?

New York City’s struggle between commercial landlords and their tenants over rents owed versus lousy recovery prospects reveals a lot about perverse incentives.

Six Charts That Reveal America’s Deep Divides

A brief political economy history, in charts: the rich got richer!

Musical Interlude: “One Day More” from Les Miserables

A musical mental health break to help you cope with our regular programming.

2020 Election Night Live Blog/Open Thread

Trump/Pence v. Biden/Harris

2:00PM Election Day Water Cooler 11/3/2020

~ Happy Election Day ~

Notes Toward a Definition of the Democrat Party

The Democrat Party is a rotting corpse that can’t bury itself. Why is that?

How Lack of Wealth Is a Wage Trap

How wealth inequality influences income inequality, particularly at low wage levels.

Links 11/3/2020

McKinsey, Deloitte Charge Big Bucks to States for Botched Covid Projects

McKinsey and some other big consulting names are taking advantage of Covid-overwhelmed state governments.

Trump or Biden, Trade Deals Still Threaten Britain’s NHS

Regardless of who wins the US presidential election, Britain will be hard pressed to protect the NHS from higher drug prices.