Trump administration continues to follow the self-regulation gospel – this time in the area of rail safety. This case study in corporate capture of American regulation is yet another area where the accidents are just waiting to happen.
Recent Items
Monday, August 25, 2025
Trump Admin’s Latest Rail Safety Rollback Sets up Industry to Make Its Own Rules
Topics: Banana republic, Doomsday scenarios, Environment, Guest Post, Legal, Politics, Regulations and regulators, Ridiculously obvious scams
Posted by Jerri-Lynn Scofield at 2:55 am | 14 Comments »
2:00PM Water Cooler 5/30/2019
Today’s Water Cooler: Biden and his hands, Sanders and the means of production, barcode voting in NY, Kelton’s website and book, labor unions and single payer, GoT revised, robot surgery, robots and rational assent
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 116 Comments »
Lawmakers Push To Stop Surprise ER Billing
The legislative war to end balance billing moves forward in California.
Topics: Free markets and their discontents, Guest Post, Health care, Regulations and regulators
Posted by Yves Smith at 9:55 am | 19 Comments »
Links 5/30/19
Topics: Links
Posted by Yves Smith at 6:55 am | 220 Comments »
Hubert Horan: Can Uber Ever Deliver? Part Twenty: Will the “Train Wreck” Uber/Lyft IPOs Finally Change the Public Narrative About Ridesharing?
A post-mortem of the Uber and Lyft IPOs.
Topics: Guest Post, Investment management, Investment outlook, Market inefficiencies, Media watch, Ridiculously obvious scams, Technology and innovation, Uber
Posted by Yves Smith at 5:37 am | 54 Comments »
Is Conservatism Running on Brand Fumes?
Why the foundations of conservatism are crumbling.
Topics: Banana republic, Economic fundamentals, Free markets and their discontents, Income disparity, Politics, Social policy, Social values, The destruction of the middle class, The dismal science, UK
Posted by Yves Smith at 4:52 am | 100 Comments »
Does Iran’s Economic Fate Depend on a Lifeline From China?
How China is likely to view defying US sanctions on Iran.
Topics: China, Currencies, Economic fundamentals, Guest Post, Middle East
Posted by Yves Smith at 12:45 am | 14 Comments »
Reminder: Birmingham Meetup Tonight!
Come in from the heat to join our meetup!
Topics: Notices
Posted by Yves Smith at 12:04 am | Comments Off on Reminder: Birmingham Meetup Tonight!
2:00PM Water Cooler 5/29/2019
Festival of Biden, Buttigieg, Deblasio, O’Rourke, Trump, Warren, Democrat debates, Mueller, DSA, manufacturing, “The end of mobile,” Fed defenestration, biofuels, patriarchy, more 70’s dinner, commas
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 131 Comments »
Why Martin Wolf Is Wrong on Modern Monetary Theory (MMT)
A shame that someone like Martin Wolf does get the core idea of MMT but still really can’t or won’t accept its implications.
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Macroeconomic policy, The dismal science
Posted by Yves Smith at 9:55 am | 82 Comments »
Links 5/29/19
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 113 Comments »
UBI Without Quality Public Services Is a Neoliberal’s Paradise
Why should governments give cash-handouts before providing free, quality public services to all?
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Politics, Social policy, The destruction of the middle class
Posted by Yves Smith at 5:55 am | 43 Comments »
Embattled CalPERS Board Incumbent Henry Jones Puts Foot in Mouth, Doubles Down on Strategy That Got Two Board Members Turfed Out
Will reform-minded former CalPERS board member JJ Jelncic be back in the saddle soon?
Topics: CalPERS
Posted by Yves Smith at 5:03 am | 21 Comments »
What Does It Mean to Live in a Multipolar World? We May Be About to Find Out
Possible American and EU responses to multipolar politics.
Topics: China, Currencies, Economic fundamentals, Free markets and their discontents, Globalization, Guest Post, Middle East, Politics
Posted by Yves Smith at 4:18 am | 56 Comments »
2:00PM Water Cooler 5/28/2019
Today’s Water Cooler: Biden, Buttigieg, Sanders, Trump, Warren, SALT deductions, consumer confidence, manufacturing, housing, copper, Facebook ignores Canadian subpoena, Facebook currency?, Google, Big OIl lobbying, overfishing, methane to CO2 conversion, Mount Everest, upward mobility, Tolkien, conscience, 70s dinner party
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 132 Comments »