Friday, June 13, 2025

2:00PM Water Cooler 10/16/2018

Today’s Water Cooler: Currency practices, Pelosi’s plans, polarized electorate, Georgia Governor, Iowa, minority rule, industrial production, housing market, gold, apparel, water in Latin America, #MeToo, the police and protest, Melvyn Bragg, dogs

Sears’ Terminal Slide: Bankruptcy and Likely Liquidation

Bankruptcy can only restructure debts; it cannot revive Sears’ mutilated brands and bring back mauled customers.

Links 10/16/18

Why CalPERS Matters

Why CalPERS’ fall from being a sophisticated player and force for reform is an important lesson.

Brexit: Things Are Always Darkest Before They Go Completely Black

Don’t kid yourself that the current relative calm on the Brexit front is a good thing.

New Study Highlights Collapse of Insect Populations

Very sobering news on the insect front. Species die-off is progressing faster than you probably thought.

Gaius Publius: IPCC Releases Climate Report — First Thoughts

The latest IPCC report says we are cooking our collective goose, and hardly anyone seems to react.

Thanks! Hit Our Third Fundraiser Target Quickly, Onto the Fourth: Guest Bloggers

Our fundraiser is moving along well, but we still need more help. Please dig deep to support our writers!

2:00PM Water Cooler 10/15/2018

Today’s Water Cooler: Open thread

#MeToo Under the Golden Arches at McDonald’s

#MeToo on Capitol Hill, and #MeToo at McDonald’s

Links 10/15/18

Michael Hudson: Naked Capitalism – The Best Daily Paper

Naked Capitalism is the best news source….for independent thinkers.

How to Destroy Neoliberalism: Kill ‘Homo Economicus’

contemporary American business and economic culture has a moral framework: neoliberalism. This framework is dependably orthogonal to the last 50,000 years of moral norms and traditions.

Brexit: EU-UK Talks Collapse, Disorderly Exit Virtually Certain

Bad Brexit news just got worse.

Rethinking AI Through the Politics of 1968

All the initiatives that want to make AI ethical seem to think it’s about adding something i.e. ethics, instead of about revealing the value-laden-ness at every level of computation, right down to the mathematics.