Wednesday, October 1, 2025

The Next US Recession Is Likely to Be Around the Corner

Business economists argue that the length of an expansion is a good indicator of when a recession will hit.

Yes, the Tech Giants Are a Big Problem—But the Untamed Finance Industry Could Still Blow Up the Economy

Why finance, broadly defined, is still a hazard to the US economy.

Lessons about White Privilege, Social Liberal Backlash, and Trump 2.0

Among social (and not economic) liberals, White privilege lessons may increase beliefs that poor White people have failed to take advantage of their racial privilege—leading to negative social evaluations.

2:00PM Water Cooler 5/3/2019

Today’s Water Cooler: Open thread.

Some Problems with Treating Democracies as “Information Systems,” Starting with Voting and Ending with Money

Limitations of looking at democracy as in information system.

Links 5/3/19

Rep Jayapal and Sen Sanders Have Introduced Medicare For All Bills: One Is a Lot Better Than the Other

Explains the differences in the cost containment sections of the HR1384 (Jayapal) and S1129 (Sanders), and calls upon Senator Sanders to correct two defects in his bill that minimize its ability to reduce costs.

Spring Stirrings and Misgivings: Of Autocrats and Uprisings in the Middle East and North Africa

This spring, eight years later, there has been a new set of popular uprisings in northern Africa, from Algeria to Morocco, to Sudan. Let’s hope they have more lasting success than Egypt’s Arab Spring.

2:00PM Water Cooler 5/2/2019

Today’s Water Cooler: Bennet (new), Festival of Biden, Buttigieg, Gabbard, Sanders, Yang, electability, Mueller report, factory orders, productivity, employment situation, Tesla, Amazon, Boeing, lithium batteries, the Fed, amother college admission scam, freelancers and unions, Uber strike, the workbench

EPA Says Glyphosate Is Safe, But Lawsuits Loom and Bayer’s Woes Mount

Despite the EPA’s recent insistence glyphosate is “safe”, Bayer faces a many problems related to Roundup legal risk.

Links 5/2/19

Lawsuit Aims to Curtail Warrantless Searches of Electronic Devices at US Border

Lawsuit reveals border searches of electronic devices have nearly quadrupled in four years . US border officials claim they don’t need a warrant for such searches, can investigate issues beyond customs and immigration issues, and share data obtained with other foreign and domestic agencies. Plaintiffs ask judge to grant summary judgment and require warrants. Whatever she decides, the case will be appealed.

Wolf Richter: Tesla Discloses Record Pollution Credits for Q1: Without Them, it Would Have Lost $918 Million and Bled $1.14 Billion in Cash

Tesla’s 10-Q filing reveals that without taxpayer-funded pollution credits the company gets from the government and sells to other companies, its loss as automaker and solar-panel company would have been $918 million and its negative cash flow wouldn’t have been a cash drain of $919 million but a cash sinkhole of $1.14 billion

Coping With World Bank-Led Financialization

The World Bank has successfully promoted its ‘Maximizing Finance for Development’ (MFD) strategy by embracing the United Nations’ Sustainable Development Goals, internationally endorsed in September 2015.

Bill Black and June Carbone Will Join Our Minneapolis Meetup Tomorrow, May 2!

If you are in the Twin Cities area, hope you can make our meetup tomorrow and chat with Bill Black and June Carbone.