Wednesday, August 13, 2025

Climate Damages: Uncertain but Ominous, or $51 per Ton of Carbon?

The dark and contested art of pricing carbon emissions.

Links 2/13/19

Even Endowments Not Beating Vanguard….So What Good Are Those High Fee Private Equity and Hedge Funds?

Even endowments, the supposed best of best among diversified investors, are finding that their old alternative investment mojo isn’t working these days.

A Study in Professional Power: Why Do the Big 4 Accountants Survive?

How the Big 4 accountants cemented their position and why that matters.

On Modern Monetary Theory (#MMT)

Mainstream economists are finally deigning to notice MMT.

2:00PM Water Cooler 2/12/2019

Today’s Water Cooler: Ilhan Omar and Puff Daddy, JOLTS, small business optimism, Google fiber debacle in Louisville, Waymo after a decade, Amazon warehouses, broadband, carbon capture, human trolls, the military and the poor, Stonehenge, drunk witnesses, gym class

How Neoliberalism Is Normalising Hostility

Tracing how neoliberalism has corroded social values.

Links 2/12/19

“Reverse Location Search Warrant”: A New Personal Data Hoovering Exercise Brought to You by Google

Welcome to reverse location search warrants, yet another technology-enabled violation of your Constitutional rights.

On the Built-In Instability of Cryptocurrencies

Why volatility of cryptocurrencies is a feature, not a bug.

Pelosi Advisor Proposes Non-Binding Arbitration as Road to Lowering Drug Prices

Team Dem contemplates non-binding arbitration as a fix for high drug prices. Help me.

2:00PM Water Cooler 2/11/2019

Today’s Water Cooler: Xi and Trump, Warren, Harris, Gillibrand, Klobuchar, Gabbard, ideology, choosing a candidate, Wells Fargo fire, Boeing financials, Amazon and shippers, cellphone sales, labor market, “ocean memory,” evolution and co-operation, the Jacquard loom

India Forces Amazon to Choose Between Operating e-Commerce Platform and Selling Goods on that Platform

New rules just came into effect in India that force Amazon to remove products for sale through vendors in which they have an equity stake, meaning Amazon must choose between whether it wants to control the platform, or sell its products. It cannot do both.

Links 2/11/2019

Believing Six Impossible Things Before Brexit

Everyone around her is so weak that May still is very much in charge of Brexti, and that’t not a good outcome.