Some good work on monopoly is marred by the bizarre inclusion of Uber. Its predatory pricing is the result of deep pockets and ideology, not potential market power.
Recent Items
Tuesday, December 23, 2025
Fed Economists Finger Monopoly Concentration as Underlying Driver of Neoliberal Economic Restructuring; Barry Lynn in Harpers and Fortnite Lawsuit Put Hot Light on Tech Monopoly Power
Topics: Banana republic, Economic fundamentals, Free markets and their discontents, Income disparity, Legal, Politics, Regulations and regulators, Technology and innovation, The destruction of the middle class, The dismal science
Posted by Yves Smith at 6:50 am | 40 Comments »
As Courts Re-Open, Britain’s Renters Must Confront the Power of Landlords
Renters and landlords need to come to terms in the Covid-19 new normal. But it’s not shaping up to be pretty.
Topics: Banana republic, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Legal, Pandemic, Politics, Real estate, The destruction of the middle class
Posted by Yves Smith at 4:23 am | 12 Comments »
Has CalPERS Come Clean With Its Board Over Pending $500 Million Carlyle Deal, Tainted by Ownership of Carlyle Shares by Departed CIO Ben Meng?
CalPERS needs to come clean about its Ben Meng mess. A pending Carlyle transaction shows it’s still in cover-up mode.
Topics: Banana republic, CalPERS, Investment management, Legal, Media watch, Politics, Private equity
Posted by Yves Smith at 11:01 pm | 18 Comments »
2:00PM Water Cooler 8/18/2020
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 113 Comments »
Mortgage Delinquencies Jump by Most Ever. 60-Day Delinquencies Hit Highest Level Ever. Record 16% of FHA Mortgages Delinquent. What a Mess
A spike in mortgage delinquencies says more bad results are coming, particularly with no new stimulus in sight.
Topics: Banking industry, Credit markets, Doomsday scenarios, Economic fundamentals, Guest Post, Income disparity, Pandemic, Real estate, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 29 Comments »
Links 8/18/2020
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 228 Comments »
Grim Future of Cities: State’s Growing Budget Hole Threatens New York City Jobs, Services
The New York City budget hole is getting bigger. How much of a harbinger is this for other US cities?
Topics: Doomsday scenarios, Economic fundamentals, Guest Post, Macroeconomic policy, Pandemic, Politics, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 5:54 am | 32 Comments »
Major General Dennis Laich: Pentagon Needs a Bad Guy
Retired General Dennis Laich gives some insight into America’s permanent war policy.
Topics: Banana republic, China, Doomsday scenarios, Guest Post, Middle East, Politics, Russia, The destruction of the middle class
Posted by Yves Smith at 3:16 am | 17 Comments »
What Will the Real American Resistance Look Like — Chaotic Rebellion or Organized General Strikes?
As lower and middle income Americans slide into dire straits thanks to Covid-19, political pressure is building. But are Americans capable of rebellion?
Topics: Banana republic, Doomsday scenarios, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Pandemic, Politics, The destruction of the middle class
Posted by Yves Smith at 12:42 am | 111 Comments »
“Everything’s Fine”: The Comfortable, the Afflicted, the Beakwetters, the Gaslit
Rant, annotated.
Topics: Banana republic, Garrulous insolence, Guest Post, Income disparity, Social policy, Social values
Posted by Lambert Strether at 4:55 pm | 179 Comments »
2:00PM Water Cooler 8/17/2020
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 239 Comments »
UK Government Accused of New “U-Turn” on Local Covid Contact Tracing with Outsourcing Giants Serco and Sitel
“Local councils should be doing the whole lot, not just the mopping up. Serco and Sitel are cherry picking and doing the easy bits and leaving the difficult stuff to local authorities.”
Topics: Health care, Privatization, Ridiculously obvious scams, UK
Posted by Lambert Strether at 10:55 am | 5 Comments »
Links 8/17/2020
Topics: Guest Post
Posted by Lambert Strether at 6:55 am | 338 Comments »
Brawl Over Mayberry v. KKR: Big Hearing Monday Over One Contested Issue, Whether Attorney General Can Intervene in Kentucky Retirement Systems Case
The next phase of Mayberry is set to be particularly scrappy as lawyers joust for position.
Topics: Hedge funds, Investment management, Legal, Ridiculously obvious scams
Posted by Yves Smith at 6:08 am | 7 Comments »
Preparing for the COVID-19 Third Wave: The Case for Hyperbaric Oxygen Therapy
Hyperbaric oxygen therapy: a promising Covid-19 treatment that is being ignored.
Topics: Free markets and their discontents, Guest Post, Health care, Pandemic, Science and the scientific method
Posted by Yves Smith at 4:57 am | 22 Comments »


