Monday, August 18, 2025

Links 3/7/19

2018: A Banner Year for China, Other US Trade Partners, and Corporate America

China wins big in trade in 2018.

Is a Harvard MBA Bad for You?

Why an MBA is not what it is cracked up to be.

Cities And Counties Unlikely To Heed FDA Warning On Importing Foreign Drugs

The FDA goes to bat for the right of drugs makers to price gouge Americans.

2:00PM Water Cooler 3/6/2019

Today’s Water Cooler: Bloomberg, Clinton, Sanders, AOC, DSA, Democrat loyalty oath, international trade, employment, container shipping, automotive. GE, Amazon, Green New Deal, carbon tax, desalination, Medicare for All, MMT, Erie Locomotive, Basque poetry

#MeToo Whistleblowing Is Upending Century-Old Legal Precedent Demanding Loyalty to the Boss

Why whistleblowing is a recent development.

Links 3/6/19

Brexit: Slouching Towards Bethlehem

No one knows what is set to happen on Brexit day.

The Possible Chinese-US Trade Deal

A review of opinions in the English-speaking blogosphere on the likely content of the US-China deal and the message this agreement sends to the world.

Trump Looks To Nationalize 5G

Wellie, if the government owns the 5G network, you won’t have any doubt as to who has access to what you did over it.

2:00PM Water Cooler 3/5/2019

Today’s Water Cooler: China to open financial sector?, Trump’s donations to Democratic presidential candidates, Sanders rallies, Clintons still stewing, AOC, Ilhan Omar, new home sales, services, commodities, jet engines, Tesla, Luxottica, markets and climate, Spinal Tap

Links 3/5/19

France, Inequality, the Yellow Vests, and the Social Elevator

Redistribution through taxes and social transfers is not sufficient to curb the inequality in opportunity, which is mostly linked to the educational system and perpetuates economic and social situations from one generation to the next.

Hubert Horan: Can Uber Ever Deliver? Part Eighteen: Lyft’s IPO Prospectus Tells Investors That It Has No Idea How Ridesharing Could Ever Be Profitable

Lyft’s prospectus doesn’t even pretend that the company might become profitable, let alone justify a $20-25 billion valuation.

CalPERS CEO Marcie Frost Gives Contradictory, Nonsensical Justifications for Muscling the Board to Approve Private Equity Scheme in March

Frost’s justifications for CalPERS new private equity scheme becomes more incoherent as time goes on, but that is unlikely to prevent the captured board from giving it a green light.