A recap of why restaurants will have a tough time regaining their footing.
Tuesday, July 1, 2025
How the Disappearance of Union Jobs Obliterated an Emergent Black Middle Class
How union support boosted black economic and social progress.
2:00PM Water Cooler 6/16/2020
COVID-19 by regions (plus New York) ~ Biden veepstakes (Abrams, Bottoms, Demings, Harris, (Susan) Rice, Warren) ~ Chait gets something partially right ~ Retail, manufacturing, debt ~ PG&E “mass killing” ~ Dexamethasone ~ Masks ~ Albuquerque shooting ~ Case-Deaton on COVID ~ Git
No, We Don’t Need to Place Our Faith in Downloading Some Untested, Privacy-Infringing App as the Only Possible COVID-19 Slayer; Why Don’t We Look to Places that Have Successfully Limited Disease Spread and Copy Their Policies?
Ars Technica clutches pearls at poll showing decline in those willing to download privacy-infringing app to stymie spread of COVID-19.
Some Thoughts on New York City and the Dim Prospects for American Cities
Major cities are in serious trouble and hte outlook is grim.
Julian Assange Just Called. To Talk About the Pandemic’s Effect on Capitalism & Politics!
Yanis Varoufakis briefs Assange on the devolution of capitailsm.
Forty Percent of Police Families Experience Domestic Violence, Compared to 10% in the General Population
More evidence of lack of impulse control on behalf of a meaningful number of police officers.
2:00PM Water Cooler 6/15/2020
Regional COVID charts ~ DNC outbids Biden on climate (!) ~ Biden and Harris ~ Biden electoral map ~ Sanders and the telephone ~ Trump landslide? ~ Trump losing small-town America!? ~ Gorsuch on Title VII ~ Georgia voting debacle ~ Cheese ~ Oil tankers ~ Masks ~ Blood ~ Cats and “dateability”
Coronavirus Recovery: Why Local Markets are Key to Reviving Our Locked Down Town Centres
Local markets, not supermarkets, are a key part of reviving city centres as the UK emerges from its coronavirus lockdown.
CalPERS Plans to Blow Its Brains Out: Seeks to Increase Risk by Boosting Private Equity, Private Debt, and Leveraging the Entire Fund
CalPERS latches on to new, really bad investment ideas.
Nassim Nicholas Taleb: The Masks Masquerade
Nassim Nicholas Taleb explains why people should be wearing masks. And yes, he provides a model.
Private Equity Clearly Inferior to Public Equity: Delivers Similar Returns With Lower Liquidity
More evidence that private equity underperforms on a risk-adjusted basis.
Dicamba Drift: Trump EPA Defies 9th Circuit Ruling
EPA issues cancellation order to attempt to overrrule Ninth Circuit dicamba opinion; plaintiffs’ lawyers file emergency motion.
