Covid-19 as yet another opporutnity for elite prejudice.
Recent Items
Tuesday, July 1, 2025
From the Blitz to COVID-19, Our Rulers Have Got Us Wrong
Topics: Doomsday scenarios, Guest Post, Income disparity, Pandemic, Politics
Posted by Yves Smith at 4:31 am | 30 Comments »
Waiting for “Rooseveltian Relief”: An Oversimplified Framework for the Employment Situation
“Nothing fundamental will change.” –Joe Biden
Topics: Banana republic, Commodities, Economic fundamentals, Free markets and their discontents, Guest Post, Macroeconomic policy, Politics, Ridiculously obvious scams, Social policy, Social values, The destruction of the middle class, The dismal science
Posted by Lambert Strether at 4:25 pm | 34 Comments »
2:00PM Water Cooler 5/11/2020
Today’s Water Cooler: #COVID-19 and re-opening, Biden and Cllinton, Biden and platitudes, DSA and Biden, Cuomo and nursing homes, “Rooseveltian” Dems, battery metals, meat shortages, tanker rates, manufacturing, confidence, beekeeping, Bates Motel, the function of money (1890), Oxford comma
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 120 Comments »
Analysis: We Knew The Coronavirus Was Coming, Yet We Failed 5 Critical Tests
The Coronavirus stress test has laid bare a market that is broken, lacking the ability to attend to the public health at a time of desperate need and with a government unwilling — in some ways unable — to force it to do so.
Topics: Guest Post, Health care, Pandemic
Posted by Lambert Strether at 9:55 am | 40 Comments »
Links 5/11/2020
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 132 Comments »
Coronavirus Magical Thinking, US Style: Contact Tracing Versus Masks
With bad coronavirus outcomes, America seems set on continuing to do dumb things.
Topics: Banana republic, Doomsday scenarios, Economic fundamentals, Health care, Legal, Pandemic, Politics, Regulations and regulators, Science and the scientific method, Social policy
Posted by Yves Smith at 6:54 am | 164 Comments »
Public Schools Collapsing into a Zoom Heap
The true cost of shuttered schools.
Topics: Banana republic, Guest Post, Pandemic, Ridiculously obvious scams, Social policy
Posted by Yves Smith at 6:53 am | 21 Comments »
Surgical Masks: From Protection to Fashion?
A random walk through the world of masks.
Topics: Guest Post, Pandemic, Politics, Social policy, Social values
Posted by Lambert Strether at 2:25 pm | 52 Comments »
Links 5/10/2020
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 205 Comments »
Neoliberalism Is Over. Welcome to the Era of Neo-Illiberalism!
Big tech, nationalist politics, and the billionaire class have propelled a novel political economy. What impact will the virus have on this new status quo?
Topics: Banana republic, Doomsday scenarios, Globalization, Income disparity, Pandemic, Ridiculously obvious scams
Posted by Lambert Strether at 6:44 am | 51 Comments »
Links 5/9/2020
Topics: Links
Posted by Yves Smith at 6:55 am | 294 Comments »
Tom Ferguson: Big Business Takes Cash as Workers Laid Off, States and Cities Go Bust
Tom Ferguson and Paul Jay discuss how Democrats and Republicans distaste for accountability by finance and big corporations is playing out in the coronacrisis
Topics: Banana republic, Banking industry, Doomsday scenarios, Dubious statistics, Economic fundamentals, Free markets and their discontents, Guest Post, Health care, Income disparity, Pandemic, Politics, Ridiculously obvious scams, The destruction of the middle class
Posted by Yves Smith at 5:19 am | 22 Comments »
Mass Unemployment Is a Failure of Capitalism
Why unemployment is a feature of capitalism.
Topics: Free markets and their discontents, Guest Post, Income disparity, Macroeconomic policy, Politics, Social policy, The destruction of the middle class, The dismal science
Posted by Yves Smith at 5:00 am | 38 Comments »
From Juanita Broaddrick to Tara Reade: In Forty Years Has Nothing Changed at All?
Remember Juanita Broaddrick? The fact that you probably don’t speaks volumes about our political culture.
Topics: Guest Post, Media watch, Politics, Social policy
Posted by Yves Smith at 3:51 am | 82 Comments »
2:00PM Water Cooler 5/8/2020
Today’s Water Cooler: #COVID19, Biden (virtual rally debacle, youth vote, Veepstakes), Trump’s failure, the end of canvassing?, DSA, horrid employment numbers (with class dimension), containers, rail, sharing economy, Sephora, Rent the Runway, Zoom, llamas and antibodies, West Wing
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 116 Comments »