Covid in the Midwest and regionally ~ Biden’s grief ~ Trump air war and swing states ~ Kanye West ~ Markey v. Kennedy ~ Coleman ~ Republican National Convention ~ Durable goods, two recessions, debt, Chrome debacle ~ Kenosha: Two dead ~ Executive superspreaders ~ That asteroid
Saturday, September 13, 2025
How Do Banks Create Money?
A short primer on banks from a Modern Monetary Theory perspective.
Columbia Journalism Review Publishes Detailed Expose on Gates Foundation Buys Influence With Journalists
Why you should not trust the Gates Foundation.
Summer Rerun: Journey into a Libertarian Future: Part III – Regulation
Another dive, in both senses of the word, into the implications of libertarian ideology.
Robot Generals: Will They Make Better Decisions Than Humans – Or Worse?
The odd idea of replacing generals with AI is getting a hearing.
2:00PM Water Cooler 8/25/2020
~ Today’s Water Cooler ~
World Bank’s ‘Mobilizing Finance for Development’ Not Financing Development
The World Bank is trying to rebrand a failed public private partnership scheme as “blended finance”. Developing countries, beware.
The Wealth of Corporations: Why Firms Have Zero Net Worth, and Why It Matters
A theory of net worth and what that means for measurements of wealth.
Foreign Direct Investment and Supply Chains in a Risky World
More forecasts on the future of supply chains.
Former Board Member Jelincic: CalPERS Claims It Is Protecting Confidential, as in Criminal, Informants in Hiding Details About Lending
CalPERS made damaging statements to justify withholding information about private loans. That suggestswhat it was hiding is even worse.
2:00PM Water Cooler 8/24/2020
~ Today’s Water Cooler ~
Koch Influence Taints New Tufts-Based Think Thank: The Tentacles of the Mercatus Center
A timely reminder that despite the raging pandemic, Koch interests keep up their efforts to influence politics and academia.
