The Maine two-footers were great. Why not revive them?
Recent Items
Monday, May 19, 2025
Futuristic Nostalgia: Maine’s Two-Footer Railroads
Topics: Global warming, Guest Post, Infrastructure
Posted by Lambert Strether at 1:55 pm | 35 Comments »
Links 9/16/18
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 176 Comments »
Ending the Secrecy of the Student Debt Crisis
How to combat the mental health toll of struggling with student debt.
Topics: Credit markets, Guest Post, Social values, Student loans
Posted by Yves Smith at 12:54 am | 114 Comments »
Links 9/15/18
Topics: Links
Posted by Yves Smith at 6:55 am | 212 Comments »
Double Whammy: Implicit Subsidies and the Great Financial Crisis
Follow the subsidies, and you will understand why we had the crisis and why not enough has been done to prevent a recurrence.
Topics: Banking industry, Credit markets, Derivatives, Doomsday scenarios, Economic fundamentals, Federal Reserve, Free markets and their discontents, Guest Post, Investment banks, Legal, Moral hazard, Politics, Regulations and regulators, The dismal science
Posted by Yves Smith at 3:41 am | 12 Comments »
Jumping the Abyss: Marriner S. Eccles and the New Deal, 1933-1940
An in-depth look at Marriner Eccles’ ideas and policies, and how well they have withstood the test of time.
Topics: Banking industry, Credit markets, Doomsday scenarios, Federal Reserve, Free markets and their discontents, Guest Post, Macroeconomic policy, Politics, Regulations and regulators, Risk and risk management, The dismal science
Posted by Yves Smith at 3:12 am | 20 Comments »
2:00PM Water Cooler 9/14/2018
Today’s Water Cooler: China trade, Sanders 2020, NY primaries, Manafort co-operates, industrial production, retail sales, Boston-area gas explosions, “set theory of the left,” Platonism
Topics: Water Cooler
Posted by Lambert Strether at 2:03 pm | 95 Comments »
Victorian Central Banks and the Myth of Independence
Central banks have not always been independent, inflation targeting bodies, and to treat them as such is to obscure their complex histories and alternative institutional constellations.
Topics: Banking industry, Federal Reserve, Free markets and their discontents, Guest Post, Macroeconomic policy, Politics, The dismal science
Posted by Yves Smith at 9:55 am | 13 Comments »
Links 9/14/18
Topics: Links
Posted by Lambert Strether at 6:55 am | 180 Comments »
Brexit: Circling the Drain?
Has anything changed on the Brexit front?
Topics: Banana republic, Brexit, Doomsday scenarios, Europe, Globalization, Politics, Regulations and regulators, UK
Posted by Yves Smith at 5:54 am | 107 Comments »
Census Bureau Reveals Grim Facts about Real Earnings of Men
A look at real earnings data belies happy talk about wage gains.
Topics: Dubious statistics, Economic fundamentals, Guest Post, Income disparity, The destruction of the middle class
Posted by Yves Smith at 2:26 am | 26 Comments »
Gaius Publius: Democrats Should Release All “Committee Confidential” Kavanaugh Documents Now
Urging the Democrats to act out of character and do the right thing on the Kavanaugh nomination.
Topics: Banana republic, Guest Post, Legal, Politics
Posted by Yves Smith at 12:57 am | 51 Comments »
Former CalPERS Board Designee Calls for Board to Terminate CEO Marcie Frost for Resume Fabrications and Ongoing Lies
A prominent former CalPERS insider demands that the Board fire CEO Marcie Frost over her lies about her education.
Topics: Banana republic, CalPERS, Corporate governance
Posted by Yves Smith at 5:22 pm | 56 Comments »
2:00PM Water Cooler 9/13/2018
Today’s Water Cooler: China trade, Ratface Andy, hidden influencers, splitting California, consumer prices, jobless claims, Tesla shop floor, nursing homes, 1% escape plans, lotteries, empathetic technology
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 204 Comments »
Revolving Doors and Regulatory Capture
Looking at the costs of and some possible responses to regulatory capture.
Topics: Banana republic, Free markets and their discontents, Guest Post, Moral hazard, Regulations and regulators
Posted by Yves Smith at 9:55 am | 11 Comments »