Why the US might be dumb enough to start a hot war with Iran.
Recent Items
Monday, August 18, 2025
Is a War With Iran on the Horizon?
Topics: Banana republic, Doomsday scenarios, Guest Post, Middle East, Politics
Posted by Yves Smith at 12:20 am | 41 Comments »
India Bans Plastics Waste Imports, While Fossil Fuel Plastics Pushers in US and China Ramp Up to Party On
Kudos to India for banning plastics waste imports, to focus on solving its own waste management problem. Meanwhile, fossil fuel interests ramp up plans to produce more plastics.
Topics: Banking industry, China, Environment, Global warming, Globalization, Guest Post, India, Legal, Politics, Regulations and regulators
Posted by Jerri-Lynn Scofield at 9:55 am | 32 Comments »
Links 3/10/19
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 187 Comments »
Bill Black Analyzes Brad DeLong’s Stunning Concession: Neoliberals Should Pass the Baton and Let the Left Lead
Bill Black analyzes Brad DeLong’s concession that neoliberals should get out of the way and let the left lead since their coalition with Republicans did not work.
Topics: Banana republic, Free markets and their discontents, Guest Post, Politics, Ridiculously obvious scams, The destruction of the middle class
Posted by Jerri-Lynn Scofield at 4:55 am | 77 Comments »
Links 3/9/19
Topics: Links
Posted by Yves Smith at 6:55 am | 185 Comments »
Economic Consequences of the U.S. Convict Labor System
US counties with convict labor often have lower wage and employment growth
Topics: Banana republic, Guest Post, Income disparity, Politics, Social policy, The destruction of the middle class
Posted by Yves Smith at 2:33 am | 27 Comments »
Charter School Cap Efforts Gain Momentum
Evidence increasingly shows that charter schools damage public schools, fueling campaigns to stop charter school growth.
Topics: Banana republic, Free markets and their discontents, Guest Post, Politics, Social policy
Posted by Yves Smith at 1:36 am | 11 Comments »
2:00PM Water Cooler 3/8/2019
Today’s Water Cooler: Brown, Harris, Hickenloope, Sanders strategy, Warren on monopolies, Ilan Omar, Obama legacy, economics after neoliberalism, economics and equilibria, republican virtue, K-Pop, Google, wettest winter, methane, local news, W.E.B. DuBois, International Women’s Day 2019
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 190 Comments »
Power Failure and Blackout: An Update on the Situation in Venezuela
It seems to be taking the United States rather a long time to topple the Maduro government.
Topics: Banana republic, Energy markets, Guest Post, Politics
Posted by Lambert Strether at 1:55 pm | 70 Comments »
Links 3/8/19
Topics: Links
Posted by Yves Smith at 6:55 am | 233 Comments »
CalPERS/Investor Alert: Award Winning Study Debunks “Warren Buffett” Fund Strategy; Buffett Does Better in Stocks Than Private Companies
Warren Bufett’s own experience calls “Warren Buffet funds” into question.
Topics: CalPERS, Investment management, Private equity
Posted by Yves Smith at 5:03 am | 25 Comments »
Can the US Treasury Run Out of Money When the US Government Can’t?
Debunking some arguments against MMT by explaining why the US Treasury can’t run out of money.
Topics: Federal Reserve, Guest Post, Macroeconomic policy, Payment system, The dismal science
Posted by Yves Smith at 3:08 am | 44 Comments »
The Doomsday Economics of ‘Proof-of-Work’ in Cryptocurrencies
Why inherent problems with cryptocurrency liquidity are already leading to consideration of other methods for validating blockchain updates. They are likely to prove unsatisfactory and therefore call for verification by a trusted institution….defeating the rationale for cryptocurrencies.
Topics: Currencies, Free markets and their discontents, Guest Post, Payment system, Ridiculously obvious scams, Technology and innovation
Posted by Yves Smith at 2:16 am | 19 Comments »
2:00PM Water Cooler 3/7/2019
Today’s Water Cooler: Booker, Sanders, 2016 relitigated, DCCC, Omar resolution debacle, centrism, productivity, labor market, Facebook pivot to privacy?, Amazon, gardening, the super-rich, smart locks
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 149 Comments »
The Incoherence of Larry Summers, a Serious Economist
Larry Summers as a negative indicator.
Topics: Banana republic, Guest Post, Macroeconomic policy, Payment system, The dismal science
Posted by Yves Smith at 9:55 am | 82 Comments »