While it is gratifying to see Senator and presidential contender Elizabeth Warren focusing on antitrust and the abuse of monopoly power, her $25 billlion fix looks too simplistic.
Wednesday, August 20, 2025
A Veblen Moment: Thorstein Veblen’s Lessons from the First Gilded Age Even More Relevant Today
Veblen was early and accurate about the behaviors and dangers of the super rich. Tthe advanced world is re-living his warnings.
2:00PM Water Cooler 4/11/2019
Today’s Water Cooler: China trade, trade agreements and labor, Buttigieg, Harris, Klobuchar, Sanders, RussiaGate, race relations, Democrats and the donor class, Trump staffers, jobless claims, inflation, AI, Apple, the Green New Deal, plastic, ocean noise, tourists, Delta uniforms, trigger warnings
Italy: How to Ruin a Country in Three Decades
How Italy became an economic mess.
Brexit: Torygeddon?
The Tories are starting to bear the cost of the Brexit fiasco.
Are You Biased Against Nuclear Power? Yup, Say Scientists
Nuclear power has a worse reputation than it deserves.
Gail Tverberg: The True Feasibility of Moving Away from Fossil Fuels
Why our societies will remain dependent on fossil fuels much longer than we’d like.
Reminder: Washington DC Meetup Tomorrow, Friday April 12 with Matt Stoller
More details for our Washington DC meetup this Friday. Hope you can stop by!
2:00PM Water Cooler 4/10/2019
Today’s Water Cooler: Gravel, Harris, Sanders, Trump, Warren, Yang, “meeting needs,” identity politics, Democrats to ban free IRS tax filing, consumer price index, bitcoin, Tesla, WeWork, Facebook, Apple, urban farming, cashews, student loans and suicide, mobile homes, new black hole
UK-Based Multinational Department Store Debenhams Collapses After 200 Years of Trading. Thank Private Equity
Debenhams follows the sad and well trodden path of retailers bought by private equity firms.
MMT, Models, Multidisciplinarity
Pavlina Tcherneva does the heavy lifting of debunking an off-the-mark attack on MMT by Noah Smith.
Brexit: Mayhem
What will the EU dispose on Brexit?
World Bank Financialization Strategy Serves Big Finance
The World Bank continues its proud tradition of making the world safe for rentiers, um, financiers.
