Monday, July 28, 2025

A Naked Capitalism Win: No More Poop in the Loop

How a reader documenting a horse dump problem in Chicago’s Loop led to a clean-up.

2:00PM Water Cooler 11/16/2018

By Lambert Strether of Corrente. Readers, sorry for the “late” post. My habit is to set my clock a little ahead, as a lash and a spur to actually press the submit button by deadline, but the Mac’s latest OS seems to get huffy if my time is set “incorrectly,” and so I accidentally reset […]

When the Middle Class Lost Its Wealth

Until 2008, rising home values gave the middle class a cushion amid growing income inequality. But following the financial crisis, that wealth has failed to return.

Links 11/16/18

Everything You Thought You Knew About Western Civilization Is Wrong: A Review of Michael Hudson’s New Book, And Forgive Them Their Debts

Why debt unforgiveness is the original and incurable curse on our post-eighth-century-B.C. Western Civilization,

Gaius Publius: Amazon Rips Off 238 Cities, States and Provinces, Then Builds in NYC and DC

More evidence that Amazon is nasty.

CalPERS Abandons One Part of Private Equity Scheme, Lies About the Rest, but Addled Business Press Continues to Get the Story Wrong

CalPERS is flailing about with its private equity “new business model.”

Reminder: Birmingham Meetup for Monday, November 19

Hope to see you folks in the Birmingham area next week at our meetup.

2:00PM Water Cooler 11/15/2018

Today’s Water Cooler: Greens, Congressional Black Caucus, ME-02, suburban Democrats, fascism, retail sales, manufacturing, import and export, inventories, Amazon, Blue Apron, Uber, Goldman, Royal Bank of Scotland, PG&E, American music, asphalt

Our New York Magazine Article: “Fake ‘Unicorns’ Are Running Roughshod Over the Venture Capital Industry”

Fake unicorns are a real problem for the venture capital industry.

Links 11/15/18

Brexit: Brexit Minister Raab Resigns; May to Face Hostile Parliament. Update: Two More Resignations, Bringing Total So Far to Four, Now Six

Another rough Brexit day for Theresa May in the offing.

Uber Releases Ugly 3Q 2018 Results: Losses Widen to $1.1 Billion, Growth Slows

It”s getting hard to believe Uber’s story.

Is This Time Different? Examining Recent Emerging-Market Turbulence

Some emerging-market economies look wobbly. How likely are we to see more crises?

2:00PM Water Cooler 11/14/2018

Today’s Water Cooler: Bloomberg, Clinton, Massachusetts Greens, Mike Espy, Bush rehabilitation, consumer price index, consumer spending, inflation expectations, Amazon, Comcast, private equity, Mr. Market, luxe panic rooms, Migrants, the homeless, Idoru in RL, origins of patriarchy