How our economic and political order fuels busy-ness, harming both individual and community well-being.
Recent Items
Friday, August 29, 2025
Why Busy-Ness Is So Damaging
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Social values, Surveillance state, Technology and innovation
Posted by Yves Smith at 5:40 am | 49 Comments »
Trump’s Version of the Iran Accord: Heads I Win, Tails You Lose
A clinical look at the Administration’s disingenuous Iran spin.
Topics: Banana republic, Doomsday scenarios, Energy markets, Globalization, Guest Post, Middle East
Posted by Yves Smith at 5:00 am | 25 Comments »
Mr. Market and the Press Diss Deutsche Bank’s Turnaround Plan
A hard look at Deutsche’s restructuring plan reveals a lot not to like
Topics: Banking industry, Credit markets, Doomsday scenarios, Europe, Hedge funds, Investment management, Private equity, Regulations and regulators
Posted by Yves Smith at 4:00 am | 16 Comments »
Mining and Electric Vehicles: Lithium, Nickel, Cobalt
Electric vehicle production at scale requires materials we don’t have enough of.
Topics: Auto industry, Commodities, Environment, Global warming, Globalization, Ridiculously obvious scams
Posted by Lambert Strether at 4:25 pm | 81 Comments »
2:00PM Water Cooler 7/8/2019
Today’s Water Cooler: Biden, Buttigieg, Gravel, Harris, O’Rourke, Sanders, Trump, Facebook and medical diagnosis, scooters, mangroves and methane, thawing permafrost, ocean heat, California coastline, political cartoons, health insurance and the tax on time, Tech bro glossary
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 72 Comments »
Links 7/8/19
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 236 Comments »
Bill Black: Facebook’s Libra Currency Monetizes Identity and Threatens Privacy
Bill Black discusses Feacebook’s new proposed crypto-currency, called “Libra.” Facebook could use this technology to standardize identity and create a world of ultimate surveillance, and then profit from it.
Topics: Currencies, Guest Post, Ridiculously obvious scams
Posted by Lambert Strether at 5:55 am | 15 Comments »
Deutsche Bank Throws in the Towel, Announces Restructuring into Bad Bank/Good Bank, Firing of 18,000
The beginning of an end for Deutsche Bank.
Topics: Banking industry, Derivatives, Doomsday scenarios, Europe, Regulations and regulators
Posted by Yves Smith at 2:53 am | 55 Comments »
The Myth of Expansionary Austerity
If you hold mainstream economic views, it was too good to be true: Another effort to vindicate austerity falls victim to flawed methodology.
Topics: Dubious statistics, Economic fundamentals, Free markets and their discontents, Guest Post, Macroeconomic policy, The dismal science
Posted by Yves Smith at 2:28 am | 12 Comments »
Reforestation as a Solution for Carbon Capture: Hype and Reality
Advocates for reforestation must consider who owns the land to be reforested, and how the reforestation is to be done.
Topics: Environment, Global warming, Globalization, Guest Post, Private equity, Privatization, Real estate
Posted by Lambert Strether at 2:55 pm | 81 Comments »
Links 7/7/19
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 171 Comments »
Philadelphia Explosion One in String of ‘Near Miss’ Accidents at Refineries Using Deadly Chemical
Accounts emerging from workers and others on site paint a troubling picture of how close to disaster Philadelphia may have come.
Topics: Energy markets, Environment, Global warming, Guest Post, Infrastructure
Posted by Lambert Strether at 5:55 am | 41 Comments »
Links 7/6/19
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 155 Comments »
Kip Sullivan on Why the Bernie Sanders Bill Is Not Single Payer
Jon Gruber’s shabby legacy lives on.
Topics: Guest Post, Health care, Politics
Posted by Lambert Strether at 2:55 am | 63 Comments »
Should We Tax Wealth?
Kicking the tires of a wealth tax.
Topics: Dubious statistics, Free markets and their discontents, Guest Post, Income disparity, Politics, Taxes
Posted by Yves Smith at 12:29 am | 66 Comments »