The dark and contested art of pricing carbon emissions.
Recent Items
Wednesday, August 13, 2025
Climate Damages: Uncertain but Ominous, or $51 per Ton of Carbon?
Topics: Doomsday scenarios, Dubious statistics, Environment, Global warming, Guest Post, Risk and risk management
Posted by Yves Smith at 9:55 am | 25 Comments »
Links 2/13/19
Topics: Links
Posted by Yves Smith at 6:55 am | 214 Comments »
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.
Topics: Hedge funds, Investment management, Private equity, Risk and risk management
Posted by Yves Smith at 4:19 am | 17 Comments »
A Study in Professional Power: Why Do the Big 4 Accountants Survive?
How the Big 4 accountants cemented their position and why that matters.
Topics: Banana republic, Free markets and their discontents, Globalization, Guest Post, Privatization, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 3:36 am | 13 Comments »
On Modern Monetary Theory (#MMT)
Mainstream economists are finally deigning to notice MMT.
Topics: Guest Post, Macroeconomic policy, Payment system, The dismal science
Posted by Yves Smith at 2:55 am | 81 Comments »
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
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 194 Comments »
How Neoliberalism Is Normalising Hostility
Tracing how neoliberalism has corroded social values.
Topics: Free markets and their discontents, Globalization, Guest Post, Income disparity, Politics, Social policy, Social values, The destruction of the middle class, The dismal science
Posted by Yves Smith at 9:55 am | 83 Comments »
Links 2/12/19
Topics: Links
Posted by Yves Smith at 6:55 am | 259 Comments »
“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.
Topics: Banana republic, Legal, Surveillance state, Technology and innovation
Posted by Yves Smith at 5:15 am | 57 Comments »
On the Built-In Instability of Cryptocurrencies
Why volatility of cryptocurrencies is a feature, not a bug.
Topics: Currencies, Free markets and their discontents, Guest Post, Payment system
Posted by Yves Smith at 4:45 am | 10 Comments »
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.
Topics: Banana republic, Free markets and their discontents, Guest Post, Health care, Regulations and regulators
Posted by Yves Smith at 12:08 am | 38 Comments »
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
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 255 Comments »
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.
Topics: Banana republic, Guest Post, India, Regulations and regulators, Ridiculously obvious scams
Posted by Jerri-Lynn Scofield at 9:55 am | 10 Comments »
Links 2/11/2019
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 158 Comments »
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.
Topics: Banana republic, Brexit, Economic fundamentals, Europe, Politics, UK
Posted by Yves Smith at 3:32 am | 151 Comments »