Today’s Water Cooler: NAFTA, Donna Shalala, suburban Republican women, blue wave (or not), early voting, fracking at scale, Coke and cannabis, Tesla, subways, carbon taxes, cat memes
Monday, June 16, 2025
Why the Public Debt Should Be Treated as an Asset
Debunking the misconceptions about the role of debt of a currency issuer like the US or UK.
Crash Out Brexit Virtually Guaranteed as EU Leaders Talk Tough to Theresa May, Reject Chequers Plan, and Give Her October Deadline
Brexit negotiations are over. The only question is whether the EU and UK continue to expend energy talking past each other.
Post Crisis Measures Have Failed to Tame Derivatives Risks
Derivatives remain an untamed systemic risk.
Why the “Green New Deal” Is a Headfake
How “Green New Deal” proponents repeat the intellectual errors made by the critics of the 1970s Limits to Growth studies.
2:00PM Water Cooler 9/20/2018
Today’s Water Cooler: China trade, NAFTA, Kavaugh, DSA races, election 2016, leading indicators, container terminals, warehousing, home-made food, Apple, Google, YouTube sweatshops, John Lydon, expatriation, 19th century potions
On Brexit, UK Negotiators Have Adopted a Hard Bargaining Strategy
A look at the UK’s negotiating stance, charitably assuming that it is by design.
Michael Hudson: 10 Years Since Lehman Brothers Bankruptcy – Did the Economy Really Recover?
Michael Hudson discusses the economic impact of not writing down debts in the wake of the crisis.
Here’s Why Setting a Maximum Wage for CEOs Would be Good for Everyone
CEO pay needs to be curbed, and a maximum wage is one way to do it.
How Climate Change Is Increasing Global Hunger
New bad facts on world hunger.
2:00PM Water Cooler 9/19/2018
Today’s water cooler: Temporarily open thread.
Los Angeles Times’ Mike Hiltzik Says CalPERS Needs to Come Clean About CEO Frost’s Educational Claims
Pulitzer Prize winner Mike Hiltzik makes clear he is not buying the stories CalPERS has been selling about CEO Marcie Frost’s resume misrepresentations.
Senators Unveil Legislation To Protect Patients Against Surprise Medical Bills
Medical bills are so out of hand that despite the power of the health industry lobbyists, some Senators are taking on the worst abuses.
