Friday, January 2, 2026

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.

Links 12/2/19

Decrying ‘Utterly Inadequate’ Efforts to Tackle Climate Crisis, UN Chief Declares ‘Our War Against Nature Must Stop’

Climate change: “The point of no return is no longer over the horizon,” António Guterres warned ahead of COP 25. “It is in sight and hurtling toward us.”

What This Election Proves Is the Need for Epoch Making Change

The upcoming UK election will usher in major change. But will it be change that benefits ordinary people?

America’s War Exceptionalism Is Killing the Planet

War is America’s new normal, and it’s deadly.

AOC Schools Mayor Pete on Why Means Testing Free College Is Such a Bad Idea

AOC rebukes Pete Buttigieg on his plan to means test expanded funding for college tuition.

Links 12/1/19

Oil and Gas Industry Rebukes Fracking Ban Talk as UN Shows Just How Much Fossil Fuel Plans Are Screwing Climate Limits

American Petroleum Institute steps up lobbying efforts to thwart a fracking ban, notwithstanding the climate crisis.

Links 11/30/19

What’s Behind the Subprime Consumer Loan Implosion?

Subprime loan repayment continues to deteriorate. What is going on?

Neoliberalism and Climate Change

How economists have contributed to climate change inaction.