Today’s Water Cooler: Castro, Gabbard, Sanders, Warren, IA, PA, fundraising, immigration numbers, AOC v. Pelosi, housing, Prime Day, social media and depression, EU GND, Christians and climate change, weaponized ticks?, Magic: The Gathering includes a Turing Machine (!), free trade, Elon Mush brain mods
Recent Items
Friday, August 29, 2025
2:00PM Water Cooler 7/17/2019
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 163 Comments »
As Flood Risks Rise Across the US, It’s Time to Recognize the Limits of Levees
How levees become counterproductive as flood severity increases.
Topics: Doomsday scenarios, Economic fundamentals, Environment, Global warming, Guest Post, Regulations and regulators
Posted by Yves Smith at 9:55 am | 20 Comments »
Links 7/17/19
Topics: Links
Posted by Yves Smith at 6:55 am | 150 Comments »
CalPERS’ Long-Term Care Policy Train Wreck – Is Bankruptcy the End Game?
CalPERS’ long-term care policy mess is even worse than industry norms, which is saying quite a lot.
Topics: CalPERS, Doomsday scenarios, Investment management, Legal, Politics
Posted by Yves Smith at 6:46 am | 27 Comments »
The Numbers Are In, and Trump’s Tax Cuts Are a Bust
Why Trump’s tax “reforms” didn’t deliver on growth, just on rentierism.
Topics: Banana republic, CEO compensation, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Politics, Taxes
Posted by Yves Smith at 6:01 am | 20 Comments »
The ‘New Right’ Is Not a Reaction to Neoliberalism, but Its Offspring
Why the success of the far right shows that neoliberalism is very much alive and well.
Topics: Brexit, Economic fundamentals, Europe, Free markets and their discontents, Guest Post, Income disparity, Macroeconomic policy, Politics
Posted by Yves Smith at 5:30 am | 39 Comments »
2:00PM Water Cooler 7/16/2019
Today’s Water Cooler: Castro, Harris, O’Rourke, Steyer, Warren, Democrat debates, AOC v. Pelosi, Koch Brothers, Case-Deaton, industrial production and retail sales both strong, central bankers want fiscal assistance, Amazon, Tesla, Google, Uber, fossil fuels, carbon tracker, Eric Garner, oppression
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 222 Comments »
Waste Watch: Why Do We Discard So Many Edible Fish We Pull From the Sea?
New House of Lords report laments failure to slow discarding edible fish back into the sea; Australia also tosses much of its catch.
Topics: Australia, Environment, Europe, Global warming, Guest Post, Politics, Regulations and regulators
Posted by Jerri-Lynn Scofield at 11:55 am | 24 Comments »
Links 7/16/19
Topics: Links
Posted by Yves Smith at 6:55 am | 170 Comments »
Taxes for Revenue Are Obsolete
In a 1946 classic, New York Fed chairman Beardsley Ruml explains why taxes aren’t necessary for Federal spending and argues against corporate income taxes.
Topics: Economic fundamentals, Federal Reserve, Guest Post, Macroeconomic policy, Taxes, The dismal science
Posted by Yves Smith at 5:35 am | 23 Comments »
The Big Blue Gap in the Green New Deal
Filling in the missing chapter on oceans for the Green New Deal,
Topics: Environment, Free markets and their discontents, Global warming, Guest Post, Permaculture, Politics, Social policy
Posted by Yves Smith at 3:30 am | 17 Comments »
Why Social Mobility Is a Lousy Idea
Recognizing social mobility as yet another “divide and conquer” strategy.
Topics: Free markets and their discontents, Guest Post, Income disparity, Social policy, Social values
Posted by Yves Smith at 2:44 am | 39 Comments »
2:00PM Water Cooler 7/15/2019
Today’s Water Cooler: China’s economy and tariffs, Sanders and the media, Pelosi & Trump v. AOC, AOC interview, Tammany Hall, manufacturing, banking reserves, robot car hype dying down?, political scenarios for climate disaster, sand, Manhattan blackout, the public option, wage theft, Art Young
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 192 Comments »
How NGOs in Rich Countries Control their Counterparts in Poor Countries..and Why they Refuse to Resolve it
Many NGOs around the world are fighting inequality between the rich and the poor, but the bigger NGOs are unwilling to fight policies that keep rich NGOs richer.
Topics: Africa, Globalization, Guest Post, Income disparity, Politics
Posted by Jerri-Lynn Scofield at 9:55 am | 18 Comments »
Links 7/15/19
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 160 Comments »