More bad news for Uber.
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Friday, September 26, 2025
Uber to Owe UK >£1 Billion in VAT if It Loses Appeal on Suit on Driver Status, Also Loses Liability Insurer
Topics: Legal, Ridiculously obvious scams, Taxes, Uber
Posted by Yves Smith at 5:21 am | 10 Comments »
Computer Science Now Counts as Math Credit in Most States – Is This a Good Idea?
Tech squillionaires are the moving force behind a succesful campaign to have secondary schools in the US give math credits for computer science courses.
Topics: Guest Post, Politics, Science and the scientific method, Social policy, Technology and innovation
Posted by Yves Smith at 4:04 am | 70 Comments »
Does France Have an “Exorbitant Privilege”?
Why exorbitant privilege may not necessarily result from having the reserve currency, but instead from the tax games multinationals play.
Topics: Currencies, Economic fundamentals, Globalization, Guest Post, Taxes
Posted by Yves Smith at 3:27 am | 20 Comments »
2:00PM Water Cooler 10/10/2019
Today’s Water Cooler:
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 144 Comments »
Old Toryism, Risen from the Crypt
A deeper explanation of Brexit, contemporary UK events and how it inherits an old tradition of conventional Toryism.
Topics: Brexit, Free markets and their discontents, Guest Post, Income disparity, Politics, UK
Posted by Clive at 8:30 am | 86 Comments »
Links 10/10/19
Topics: Links
Posted by Yves Smith at 6:55 am | 124 Comments »
The Best Part of This Week
Some messages from around the world this week.
Topics: Notices
Posted by Yves Smith at 6:10 am | 4 Comments »
Unsustainable California: No Easy Remedy for PG&E Blackouts, Fire Risks
California prototypically lead the US. It’s PG&E infrastructure failure and lack of good remedies to escalating wildfire risks are the latest example.
Topics: Banana republic, Doomsday scenarios, Energy markets, Environment, Free markets and their discontents, Global warming, Politics, Regulations and regulators
Posted by Yves Smith at 6:08 am | 126 Comments »
Trump’s Withdrawal From Syria: Betrayal of Kurds or End to Endless War?
President Trump’s plan to withdraw from Syria generated widespread outrage in the US. But what would it mean for the key players in the Middle East?
Topics: Guest Post, Middle East, Politics
Posted by Yves Smith at 5:22 am | 44 Comments »
Marketers Want Even More Control Over Hospitals
Another distubing example of MBA infestation at hospitals.
Topics: Banana republic, Free markets and their discontents, Guest Post, Health care, Income disparity, Ridiculously obvious scams
Posted by Yves Smith at 4:27 am | 15 Comments »
2:00PM Water Cooler 10/9/2019
Today’s Water Cooler: Biden, Buttigieg, O’Rourke, Trump on war, Warren, Sanders and the press, rural voters, Ellen DeGeneres, Stacey Abrams, JOLTS data, IBM, Panasonic and Uber, PG&E and California wildfires, WHYY union drive, BlackJewel miners, jobless statistics, “Collapse OS”
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 174 Comments »
Another Generous Reader Steps Up With a 20 Donation “Double Your Donations” Challenge!
Another benevolent reader makes a fundraiser “Double Your Donations” challenge. Please take up this generous offer. Thanks so much!
Topics: Notices
Posted by Yves Smith at 11:54 am | 7 Comments »
Links 10/9/19
Topics: Links
Posted by Yves Smith at 6:59 am | 165 Comments »
Naked Capitalism: An Incomparable Educational Institution
How Naked Captialism helps you learn to see through charlatans like mainstream economists.
Topics: Guest Post, Notices
Posted by Yves Smith at 6:43 am | 2 Comments »
Herd Behaviour in Asset Markets: The Role of Monetary Policy
Data supports the idea that lax monetary policy contributes to bubbles. Yes, Virginia, some regard that claim as controversial.
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Investment outlook, Market inefficiencies, The dismal science
Posted by Yves Smith at 6:27 am | 8 Comments »