How a reader documenting a horse dump problem in Chicago’s Loop led to a clean-up.
Recent Items
Monday, July 28, 2025
A Naked Capitalism Win: No More Poop in the Loop
Topics: Politics, Social values
Posted by Yves Smith at 3:00 am | 17 Comments »
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 […]
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 142 Comments »
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.
Topics: Free markets and their discontents, Guest Post, Income disparity, Real estate, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 58 Comments »
Links 11/16/18
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 187 Comments »
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,
Topics: Banking industry, Free markets and their discontents, Guest Post, Income disparity, Legal, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 4:23 am | 185 Comments »
Gaius Publius: Amazon Rips Off 238 Cities, States and Provinces, Then Builds in NYC and DC
More evidence that Amazon is nasty.
Topics: Income disparity, Politics, Surveillance state, Technology and innovation, The destruction of the middle class
Posted by Yves Smith at 1:13 am | 44 Comments »
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.”
Topics: CalPERS, Investment management, Private equity
Posted by Yves Smith at 10:40 pm | 10 Comments »
Reminder: Birmingham Meetup for Monday, November 19
Hope to see you folks in the Birmingham area next week at our meetup.
Topics: Notices
Posted by Yves Smith at 10:09 pm | 2 Comments »
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
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 129 Comments »
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.
Topics: Dubious statistics, Investment management, New York Magazine articles, Private equity, Regulations and regulators
Posted by Yves Smith at 9:55 am | 44 Comments »
Links 11/15/18
Topics: Links
Posted by Yves Smith at 6:55 am | 223 Comments »
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.
Topics: Brexit, Doomsday scenarios, Legal, Politics, Regulations and regulators
Posted by Yves Smith at 5:25 am | 92 Comments »
Uber Releases Ugly 3Q 2018 Results: Losses Widen to $1.1 Billion, Growth Slows
It”s getting hard to believe Uber’s story.
Topics: Investment management, Investment outlook, Ridiculously obvious scams, Technology and innovation, Uber
Posted by Yves Smith at 3:49 am | 35 Comments »
Is This Time Different? Examining Recent Emerging-Market Turbulence
Some emerging-market economies look wobbly. How likely are we to see more crises?
Topics: Banana republic, Banking industry, Credit markets, Currencies, Dubious statistics, Economic fundamentals, Guest Post, Investment outlook, Risk and risk management
Posted by Yves Smith at 2:31 am | 10 Comments »
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
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 136 Comments »