Why our societies will remain dependent on fossil fuels much longer than we’d like.
Recent Items
Thursday, October 2, 2025
Gail Tverberg: The True Feasibility of Moving Away from Fossil Fuels
Topics: Doomsday scenarios, Energy markets, Environment, Free markets and their discontents, Global warming, Guest Post, Regulations and regulators
Posted by Yves Smith at 12:22 am | 53 Comments »
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!
Topics: Notices
Posted by Yves Smith at 12:11 am | 5 Comments »
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
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 187 Comments »
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.
Topics: Guest Post, Private equity, Ridiculously obvious scams
Posted by Yves Smith at 1:52 pm | 25 Comments »
MMT, Models, Multidisciplinarity
Pavlina Tcherneva does the heavy lifting of debunking an off-the-mark attack on MMT by Noah Smith.
Topics: Currencies, Economic fundamentals, Free markets and their discontents, Guest Post, Macroeconomic policy, Politics, Taxes, The dismal science
Posted by Yves Smith at 9:55 am | 29 Comments »
Links 4/10/19
Topics: Links
Posted by Yves Smith at 6:55 am | 171 Comments »
Brexit: Mayhem
What will the EU dispose on Brexit?
Topics: Brexit, Europe, Politics, UK
Posted by Yves Smith at 5:36 am | 91 Comments »
World Bank Financialization Strategy Serves Big Finance
The World Bank continues its proud tradition of making the world safe for rentiers, um, financiers.
Topics: Banana republic, Credit markets, Economic fundamentals, Free markets and their discontents, Globalization, Guest Post, Income disparity, Investment management, Politics, Ridiculously obvious scams
Posted by Yves Smith at 2:33 am | 10 Comments »
2:00PM Water Cooler 4/9/2019
Today’s Water Cooler: Boeing v. Airbus tariffs, Biden, Buttigieg, O’Rourke, Sanders, Trump, factory orders, small business optimism, employment, fracking, Walmart, Elon Musk v. the SEC, robocalls, Boeing 737, particulate pollution, soil, “The Wonderful Company,” Arnade, erisology, heart surgery
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 157 Comments »
Ukrainian Prosecutors: Why Doesn’t the U.S. Dept. of Justice Want Our Evidence on Democrats?
Ukrainian dirt on the Bidens is languishing! Why is that?
Topics: Banana republic, Europe, Guest Post, Legal, Politics, Ridiculously obvious scams
Posted by Yves Smith at 9:55 am | 63 Comments »
Links 4/9/19
Topics: Links
Posted by Yves Smith at 6:55 am | 156 Comments »
We Need to Stop the Overdiagnosis Disease. Step 1: Remove Vested Interests
Time to stop treating people as targets for disease treatments.
Topics: Banana republic, Free markets and their discontents, Guest Post, Health care, Moral hazard, Ridiculously obvious scams, Science and the scientific method
Posted by Yves Smith at 6:06 am | 64 Comments »
Sacramento Teacher Strike Is a Warning to #RedForEd Movement Everywhere
Sacramento teachers are threatening to strike after the district plans to renege on an agreement it signed in December 2017.
Topics: Dubious statistics, Guest Post, Income disparity, Legal, Politics, Social policy, The destruction of the middle class
Posted by Yves Smith at 4:38 am | 16 Comments »
The Return of la Marine
Today, the divide from which Marine Le Pen profits has reached alarming proportions, most recently with the eruption of the revolt of the gilets jaunes.
Topics: Economic fundamentals, Europe, Globalization, Guest Post, Income disparity, Politics, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 2:07 am | 23 Comments »
2:00PM Water Cooler 4/8/2019
Today’s Water Cooler: Biden, Buttigieg, O’Rourke, Sanders on open borders, Sanders and the Latinx vote, Warren, DSA, Stacey Abrams, copper, robot cars, Google and AI ethics, Amazon and writers, Boeing 737 orders, succulent plants, soil, slow journalism, identity politics, Tolkien, Japanese manhole covers
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 213 Comments »