Boeing takes a 737 Max self-preservation measure, to the detriment of suppliers and even the overall US economy.
Recent Items
Tuesday, September 23, 2025
Boeing Halts 737 Max Production to Reduce Cash Burn; Suppliers Hit; Measurable Ding to GDP Expected
Topics: Doomsday scenarios, Economic fundamentals, Free markets and their discontents, Regulations and regulators, Risk and risk management
Posted by Yves Smith at 4:19 am | 89 Comments »
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
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 142 Comments »
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.
Topics: Banana republic, Guest Post, Income disparity, Legal, Ridiculously obvious scams, The destruction of the middle class, The dismal science
Posted by Jerri-Lynn Scofield at 1:55 pm | 21 Comments »
Links 12/16/19
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 112 Comments »
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.
Topics: Doomsday scenarios, Environment, Global warming, Guest Post, Politics
Posted by Jerri-Lynn Scofield at 4:55 am | 47 Comments »
Felix Rohatyn, an Icon of an Older Wall Street, Is Dead
Why Felix Rohatyn was and wasn’t typical of his industry.
Topics: Investment banks, Politics, Social values
Posted by Yves Smith at 3:59 am | 20 Comments »
Don’t Blame Corbyn or Brexit: Labour Failed To Rage Against the Hated Political System
A take on why Labour failed.
Topics: Brexit, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Politics, Social values, The destruction of the middle class, UK
Posted by Yves Smith at 1:56 am | 91 Comments »
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.
Topics: Banana republic, Global warming, Guest Post, Infrastructure, Legal, Politics, Ridiculously obvious scams
Posted by Jerri-Lynn Scofield at 11:55 am | 33 Comments »
Links 12/15/19
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 232 Comments »
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.
Topics: Banana republic, Doomsday scenarios, Energy markets, Environment, Global warming, Guest Post, Politics, Ridiculously obvious scams
Posted by Jerri-Lynn Scofield at 4:55 am | 7 Comments »
Links 12/14/19
Topics: Links
Posted by Yves Smith at 6:55 am | 160 Comments »
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.
Topics: Banana republic, Free markets and their discontents, Guest Post, Legal, Regulations and regulators, Social policy, Surveillance state, Technology and innovation, The dismal science
Posted by Yves Smith at 5:11 am | 45 Comments »
Mariana Mazzucato: What Is Economic Value, and Who Creates It?
Mariana Mazzucato takes apart conventional wisdom about how economic value is generated.
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Technology and innovation, The dismal science
Posted by Yves Smith at 4:58 am | 23 Comments »
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
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 105 Comments »
There is No Economics Without Politics
Debunking the pretense that the economics discipline is neutral or objective.
Topics: Corporate governance, Credit markets, Doomsday scenarios, Dubious statistics, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Politics, Social values, The destruction of the middle class, The dismal science
Posted by Yves Smith at 9:55 am | 50 Comments »