Tuesday, September 23, 2025

Boeing Halts 737 Max Production to Reduce Cash Burn; Suppliers Hit; Measurable Ding to GDP Expected

Boeing takes a 737 Max self-preservation measure, to the detriment of suppliers and even the overall US economy.

2:00PM Water Cooler 12/16/2019

Today’s Water Cooler: Bloomberg, Buttigieg, Klobuchar, Sanders, Trump, Warren, impeachment, California’s tricky ballot, manufacturing, Boeing 737, venture capital is broken, the Amazon, a Blue New Deal, gardening game (!), Xmas, hermit crabs and inequality, Gary Snyder, the Internet

Virginia Supreme Court Upholds Ruling that George Mason University Foundation Is Not Subject to State FOIA Statute, Leaving Koch Funding Details Undisclosed

Virginia Supreme Court allows Koch influence to remain undisclosed; the decision has yet to attract much media attention.

Links 12/16/19

Climate Change: US Denounced as ‘Threat to Humanity’ as COP25 Ends Without Deal on Big Polluters’ Responsibility to Frontline Nations

What will it take or political leaders to take serious action to combat climate change? UN COP25 Summit a complete failure.

Felix Rohatyn, an Icon of an Older Wall Street, Is Dead

Why Felix Rohatyn was and wasn’t typical of his industry.

Don’t Blame Corbyn or Brexit: Labour Failed To Rage Against the Hated Political System

A take on why Labour failed.

California Governor Newsom Nixes PG&E Bankruptcy Plan

California governor Newsom’s rejection of PG&E bankruptcy plan forces the company to present an alternative before Tuesday.

Links 12/15/19

Argentina Wants a Fracking Boom. The US Offers a Cautionary Tale

Argentina attempts to push fracking, despite its poor economic prospects – even worse than the industry’s lossmaking record in the US.

Links 12/14/19

Evil is Baked into Big Tech’s Business Plan. Now What?

In her new book, Don’t Be Evil, Rana Foroohar explores how companies like Google and their tech brethren stampede over all of us.

Mariana Mazzucato: What Is Economic Value, and Who Creates It?

Mariana Mazzucato takes apart conventional wisdom about how economic value is generated.

2:00PM Water Cooler 12/13/2019

Today’s Water Cooler: China trade deal, Biden, Buttigieg, Sanders, Warren, impeachment, Epstein, oil, real estate, sweet potatoes, Nestlé, Samsung, Hearst, PFAS debacle, water in Maine, Poland, and Brazil, medical bots, fish antibiotics for humans, McKinsey, magic mushrooms

There is No Economics Without Politics

Debunking the pretense that the economics discipline is neutral or objective.