Today’s Water Cooler: Biden/Abrams trial balloon, Gravel, Sanders, Yang, Meuller report to drop?, DCCC cripples challengers, wholesale trade, new home sales, manufacturing, Boeing, oil traders, JP Morgan and oil funding, premature spring, apple trees, trust fund squirrels, excellence in food
Recent Items
Friday, October 3, 2025
2:00PM Water Cooler 3/22/2019
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 203 Comments »
Work of the Past, Work of the Future
How the change in the nature of work has helped increase income inequality.
Topics: Free markets and their discontents, Guest Post, Income disparity, The destruction of the middle class, The dismal science
Posted by Yves Smith at 9:55 am | 11 Comments »
Links 3/22/19
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 260 Comments »
Waiting for Brexit
A look at the EU’s Brexit extension deal.
Topics: Brexit, Europe, Politics, UK
Posted by Yves Smith at 2:26 am | 133 Comments »
Memo to CalPERS: The Market Won’t Provide High Returns Just Because You Need Them
A professional fund manager describes why CalPERS’ private equity strategy is irrational.
Topics: CalPERS, Guest Post, Investment management, Private equity
Posted by Yves Smith at 1:13 am | 13 Comments »
Costly Confusion: Patients Caught by Medicare Not Covering Annual Physical Exams
Yves here. This post presents a classic example of why medical care in America sucks. It’s too much about billing and not enough about patient care. I know patients who can have a yearly visit to an MD covered under their plan as either a physical or a medium complexity visit for conditions for which […]
Topics: Banana republic, Free markets and their discontents, Guest Post, Health care, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 12:05 am | 64 Comments »
2:00PM Water Cooler 3/21/2019
Today’s Water Cooler: Boeing and China, Biden and Abrams, Gravel (!), Harris, O’Rourke, Sanders, Trump, “replacement theory,” leading indicators, employment, manufacturing, services, Facebook, Google PageRank, plate tectonics, anti-vax, MMT
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 161 Comments »
Brexit Delay Will Not Postpone Deglobalisation
The world economy has experienced deglobasation phases before. How this one differs from its predecessors.
Topics: China, Economic fundamentals, Free markets and their discontents, Globalization, Guest Post, Regulations and regulators, The destruction of the middle class, The dismal science
Posted by Yves Smith at 9:55 am | 44 Comments »
Links 3/21/19
Topics: Links
Posted by Yves Smith at 6:55 am | 322 Comments »
Brexit: Opening the Seals
Brexit gets even more crazed, if such a thing were possible.
Topics: Brexit, Doomsday scenarios, Europe, Politics, UK
Posted by Yves Smith at 6:20 am | 152 Comments »
The #MMT Case for Progressive Taxes
MMT advocate typically shy away from calling for progressive taxes. A case as to why that’s a lost opportunity.
Topics: Guest Post, Income disparity, Macroeconomic policy, Politics, Taxes, The destruction of the middle class, The dismal science
Posted by Yves Smith at 3:44 am | 54 Comments »
U.S. ‘’Oil Weapon’’ Could Change Geopolitics Forever
Oil production as a source of political advantage will no doubt keep official US climate change denialism alive and well.
Topics: Banana republic, Doomsday scenarios, Energy markets, Environment, Global warming, Guest Post, Politics
Posted by Yves Smith at 1:41 am | 57 Comments »
2:00PM Water Cooler 3/20/2019
Today’s Water Cooler: China trade, Biden, Gravel (!), Klobuchar, O’Rourke, Sanders, Chelsea Clinton, mortgages, Boeing 737 MAX, AirBnB, Google, realtors, AI, electric buses, climate change and heart disease, Canada v. U.S. health care, Ramsey Orta, anti-vax, how spies use disguises
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 184 Comments »
China’s Belt and Road Initiative vs Washington Consensus
An update by Jomo Kwame Sundaram on how China and the US are faring in their use of trade and development policy to foster growth and project power.
Topics: China, Economic fundamentals, Globalization, Guest Post, Infrastructure, Politics
Posted by Yves Smith at 9:55 am | 17 Comments »
Links 3/20/19
Topics: Guest Post, Links
Posted by Yves Smith at 6:55 am | 228 Comments »