A short take on John Week’s new book, The Debt Delusion, and why it matters.
Tuesday, September 23, 2025
2:00PM Water Cooler 12/4/2019
Today’s Water Cooler: Impeachment v. trade bill, France v. US, US v. China, Biden, Buttigieg, Sanders, Warren, Jewish-Americans, Stacey Abrams, employment, manufacturing, services, shipping, potatoes, another IoT debacle, P4HCAF, prison staffing, slavery, the connectome, the Dead
CalPERS Still Owns Toxic National Enquirer Via Hedge Fund Chatham; CEO Marcie Frost Falsely Says It Was Sold; Columbia Journalism Review Depicts Pending Sale as a Sham
CalPERS is trying to pretend it is done with the National Enquirer. A pending sale would still have CalPERS subsidizing the Enquirer’s costs.
Why the UK Needs a Financial Transaction Tax
Claims that a financial transaction tax would be difficult to implement and raise little revenue are fake news.
Opening of Formerly Secret FDA Database Exposes Medical Device Failures, Spurring Lawsuits
The FDA kept a database of medical device malfunctions secret for decades.
Wealthy Countries’ Approach to Climate Change Condemns Hundreds of Millions of People to Suffer
Emerging economies want large scale subsidies from their richer brethren to pay for them to move to green energy sources.
2:00PM Water Cooler 12/3/2019
Today’s Water Cooler: Moar trade tension, Bloomberg, Buttigieg, Harris drops out, Sanders,Trump, Warren, shale, Amazon, railroads, shipbuilding, Uber, Tesla, recession watch, climate and financial disclosure, climate negotiation jargon, Twitch, consent, Nancy, model towns
J.D Alt: The People’s Money (Part 4)
Why a Green New Deal looks like it will create a money, as in spending, as in inflation problem. Rest assured, there is an answer….
Private Equity’s Uninvested “Dry Powder” and Falling Returns Reflect a Bigger Problem: The End of a Long Term Disinflationary Tail Wind
The press is finally becoming skeptical of private equity’s claims that it generates superior returns, demonstrated by a Monday Wall Street Journal story, Private-Equity Cash Piles Up as Takeover Targets Get Pricier1 and a Bloomberg article yesterday, ‘Peak’ Private-Equity Fears Are Spreading Across Pension World. This follows a Mark Hulbert piece in MarketWatch, whose title […]
An Introduction to the State of Energy Storage in the U.S.
A look at energy storage options in connection with wind and solar power is not entirely reassuring.
Hubert Horan Discusses Uber on Harry Shearer’s Le Show
Hubert Horan eviscerates what passes for the Uber business model on Harry Shearer’s Le Show.
2:00PM Water Cooler 12/2/2019
Today’s Water Cooler: Biden, Bloomberg, Bullock, Buttigieg, Sanders, Trump, Warren, impeachment, faithless electors, Obama legacy, manufacturing, construction, Maersk, Target and Walmart, Gulf of Maine, GMOs, banks and climate, health care horror stories, kodokushi, K-Pop, Virginia Woolf
Waste Watch: Fashion Rental Services Expand, NYC Tackles Commercial Textile Waste
More retailers join the clothing rental party, but that won’t seriously dent the environmental impact of the fashion industry.
