By Lambert Strether of Corrente. Readers, this is a little top-heavy on politics, but I really had to do a pantry clearout! –lambert Politics “But what is government itself, but the greatest of all reflections on human nature?” –James Madison, Federalist 51 “They had one weapon left and both knew it: treachery.” –Frank Herbert, Dune […]
Recent Items
Friday, October 3, 2025
2:00PM Water Cooler 3/12/2019
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 215 Comments »
What’s New About Fake News?
Musing on why the level of crude propagandizing known as fake news has gotten worse.
Topics: Banana republic, Guest Post, Media watch, Social values
Posted by Yves Smith at 10:14 am | 55 Comments »
Links 3/12/19
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 176 Comments »
Money, Digital Cash and Cryptocurrencies: Privacy Matters
Using laboratory experiments, the column shows that privacy matters, and increases the overall appeal of money.
Topics: Currencies, Guest Post, Macroeconomic policy, Payment system, Technology and innovation
Posted by Lambert Strether at 6:25 am | 3 Comments »
JJ Jelincic: CalPERS’ Plan to Create 2 New Private Equity Companies, Give Away Billions With No Control Makes No Sense….Except to Make Fund Managers Rich
CalPERS still can’t justify its new private equity business model, and has even retreated to calling it just a concept, yet it wants the board to sign a blank check at next week’s meeting.
Topics: CalPERS, Corporate governance, Guest Post, Investment management, Legal, Private equity, Ridiculously obvious scams
Posted by Yves Smith at 1:30 am | 19 Comments »
Bill Black: MMT Takes Center Stage – and Orthodox Economists Freak
On the remarkable surge of interest in and attacks against MMT by mainstream economists and pundits.
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Macroeconomic policy, The dismal science
Posted by Yves Smith at 12:13 am | 61 Comments »
Boeing Crapification: Second 737 Max Plane Within Five Months Crashes Just After Takeoff
Another Boeing 737 aircraft crashed minutes after takeoff in Addis Ababa yesterday, killing all 157 passengers on board, in circumstances similar to last October’s Lion Air crash in Indonesia. Consequences for Boeing depend on what the just-recovered voice and data recorders reveal.
Topics: Africa, Banana republic, Doomsday scenarios, Free markets and their discontents, Guest Post, Legal, Regulations and regulators, Risk and risk management
Posted by Jerri-Lynn Scofield at 3:55 pm | 112 Comments »
2:00PM Water Cooler 3/11/2019
Today’s Water Cooler: China trade, Biden, Gillibrand, Harris, Sanders, resistance grifters, retail sales, business inventories, leading indicators, Facebook, Boeing, investors and deforestation, wetland carbon storage, sea level rise, animal traction, grievances, emojis, browser tabs
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 135 Comments »
Links 3/11/19
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 228 Comments »
The 2020 Democrats of the ‘Anti-Green New Deal Coalition’
The Green New Deal proposal has exposed widening rifts within the Democratic Party as presidential candidates begin fleshing out their 2020 platforms.
Topics: Banana republic, Environment, Global warming, Guest Post, Politics, Regulations and regulators, Social values
Posted by Jerri-Lynn Scofield at 5:55 am | 20 Comments »
Medicare for All (the Perplexed)
A French lesson on Medicare for All.
Topics: Europe, Free markets and their discontents, Guest Post, Health care, Politics, Regulations and regulators
Posted by Yves Smith at 12:46 am | 74 Comments »
Is a War With Iran on the Horizon?
Why the US might be dumb enough to start a hot war with Iran.
Topics: Banana republic, Doomsday scenarios, Guest Post, Middle East, Politics
Posted by Yves Smith at 12:20 am | 41 Comments »
India Bans Plastics Waste Imports, While Fossil Fuel Plastics Pushers in US and China Ramp Up to Party On
Kudos to India for banning plastics waste imports, to focus on solving its own waste management problem. Meanwhile, fossil fuel interests ramp up plans to produce more plastics.
Topics: Banking industry, China, Environment, Global warming, Globalization, Guest Post, India, Legal, Politics, Regulations and regulators
Posted by Jerri-Lynn Scofield at 9:55 am | 32 Comments »
Links 3/10/19
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 187 Comments »
Bill Black Analyzes Brad DeLong’s Stunning Concession: Neoliberals Should Pass the Baton and Let the Left Lead
Bill Black analyzes Brad DeLong’s concession that neoliberals should get out of the way and let the left lead since their coalition with Republicans did not work.
Topics: Banana republic, Free markets and their discontents, Guest Post, Politics, Ridiculously obvious scams, The destruction of the middle class
Posted by Jerri-Lynn Scofield at 4:55 am | 77 Comments »