Amid hysterical comparisons between Senator Bernie Sanders and Mao Zedong, the Council of Economic Advisers unwittingly makes a solid case for socialist policies.
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Sunday, June 15, 2025
Buried in “Hilariously Stupid” White House Attack on Socialism, An Accidentally Strong Argument for Medicare for All
Topics: Free markets and their discontents, Guest Post, Income disparity, Politics, Social policy, Social values, The dismal science
Posted by Yves Smith at 4:42 am | 46 Comments »
Brexit: The Forward March of Remain? It Still Hasn’t Got Out of the Starting Blocks
Remain boosters need to focus efforts on Tory and Labour MPs with marginal seats, but they’re too distracted by painting apocalyptic pictures.
Topics: Brexit, Guest Post, Politics
Posted by Yves Smith at 3:06 am | 57 Comments »
2:00PM Water Cooler 10/23/2018
Today’s Water Cooler: Steel, Gabbard and Sanders in Iowa, Trump advance work, Blue Wave prognostications, AR-02, ME-02, conventional wisdom on partisan geography, manufacturing, Tesla, for-profit college, the yield curve, beekeeping, endoterrestrials, “Late Victorian Holocausts”
Topics: Guest Post
Posted by Lambert Strether at 2:00 pm | 121 Comments »
Can Americans Learn to Scale Their Partisan Walls?
Connecting across differences may be the only thing that will save Americans from rule by the privileged few.
Topics: Guest Post, Income disparity, Politics, Social values
Posted by Yves Smith at 9:55 am | 90 Comments »
Links 10/23/18
Topics: Links
Posted by Yves Smith at 6:59 am | 134 Comments »
How Naked Capitalism Leaves Advertising Dollars on the Table So Nothing Comes Between You and Your Content
Horrid examples of advertising that we have hitherto been able to avoid.
Topics: Guest Post
Posted by Lambert Strether at 6:24 am | 17 Comments »
Markets Edgy Over China, Italy Budget Staredown, Saudis, Brexit, Too Much Private Debt, Strained Valuations….
Markets have more reason than usual to be jumpy.
Topics: Banking industry, Brexit, China, Doomsday scenarios, Economic fundamentals, Europe, Investment outlook, Politics
Posted by Yves Smith at 6:22 am | 24 Comments »
Michael Mann: We’re Already On Our Way to “Blowing Past” 1.5 Degrees Global Warming
How global warming is increasing at a faster rate than most realize.
Topics: Doomsday scenarios, Environment, Global warming, Guest Post, Science and the scientific method
Posted by Yves Smith at 4:55 am | 84 Comments »
Wolf Richter: It’s the Banks Again
Mr. Market is worried about banks, particularly European ones.
Topics: Banking industry, Doomsday scenarios, Europe, Guest Post, Investment outlook, Regulations and regulators
Posted by Yves Smith at 4:41 am | 4 Comments »
2:00PM Water Cooler 10/22/2018
Today’s Water Cooler: Steel tariffs, Sanders 2020, property taxes and the midterms, Latino voters, small donors, redistricting, national activity, Sears, Xmas containers, Softbank and the Saudis, drones, Flint water, the Rio Grande, falling paychecks, the brain, philosophy
Topics: Guest Post
Posted by Lambert Strether at 2:00 pm | 79 Comments »
Right to Repair Redux: The Economist Gets with the Program, While Alas, Apple Continues to Lag
Latest updates on the right to repair, discussing crucial skirmishes in the ongoing war on waste. The Economist recognizes the important issue, and US DHS supports Apple’s spurious, anti-repair claims.
Topics: Banana republic, Environment, Guest Post, Legal, Politics, Regulations and regulators, Ridiculously obvious scams
Posted by Jerri-Lynn Scofield at 9:55 am | 30 Comments »
Links 10/22/18
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 156 Comments »
Hooray! Met Our Sixth Goal, On to Our Seventh: More Original Reporting
Original reporting takes concerted effort and sometimes hard dollar costs. Please invest to help us to more to root out what powerful and monied people hope to keep hidden.
Topics: Notices
Posted by Yves Smith at 6:27 am | Comments Off on Hooray! Met Our Sixth Goal, On to Our Seventh: More Original Reporting
FICO Gets Creative With Credit Scores to Facilitate Getting More Americans in Debt
FICO is evil.
Topics: Banking industry, Credit markets, Dubious statistics, Free markets and their discontents, Income disparity, The destruction of the middle class
Posted by Yves Smith at 6:06 am | 28 Comments »
How Private Equity Bankrupted Seven Major Grocery Chains for Fun and Profit
Grocery chains as yet another example of private equity looting, and what policymakers should do to stop that.
Topics: Banana republic, Free markets and their discontents, Moral hazard, Private equity, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 6:00 am | 30 Comments »