PE firms are paying prices at the peak of the market, amid ceaseless complaints that there isn’t enough inventory of homes for sale,
Wednesday, June 18, 2025
Portland (Maine) Meetup Thursday, September 6 with Lambert and Yves
Announcing a Down East meetup for Thursday September 6. Hope to see you there!
2:00PM Water Cooler 8/23/2018
Today’s Water Cooler: China trade, tariffs and manufacturing, youth vote, Pelosi, Cohen drama, Amazon logistics, New York taxi drivers, DNA, bees
Lump-of-Labor Fallacy: The Nastiest Motives of Nasty People
Why the lump-of-labor fallacy is bad for workers and for economics.
Brexit: EU Takes Hard-Nosed Stance on Financial Services “Equivalence” Deals
Is the EU playing iron fist in velvet glove on the UK’s Brexit pitch for a financial services equivalence deal?
Robo-Signing, CalPERS-Style: Travel Expense Claim Forms Regularly Had Approval Signature of Board President Rob Feckner Faked by Staffers; Deputy CEO Doug Hoffner Also Participated in Approval of Undated, Pre-Signed Expense Forms
Yet another addition to the long roster of Board and senior executive misconduct at CalPERS.
Yanis Varoufakis: Greece Was Never Bailed Out and Remains in Debtor’s Prison – Bild Zeitung Interview
Yanis Varoufakis revisits the Greece 2015 debt negotiations and describes how Greece still wears the austerity yoke.
2:00PM Water Cooler 8/22/2018
Today’s Water Cooler: China trade, NAFTA, Cohen case, alt-right support, home sales, containers, bitcoin, Boeing, yield curve inversions, Trump administration assault on workers, happiness, self-control, EVE Online
Social Activism and the Economics of Mental Health
Is the recent vogue for social activity as a remedy for mental distress well founded?
The Digital Freedom Pass: Emancipation from Digital Slavery
A libertarian case against Silicon Valley’s digital slavemasters.
Could Turkey Trigger the Next Global Financial Crisis?
Why the currency crisis in Turkey is a due in part to the failure to take adequate corrective measures after the global financial crisis.
Gaius Publius: What to Expect from a Kavanaugh Court – Government-Funded “Religious” Education
Why Brett Kavanaugh on the Supreme Court would be very bad news.
2:00PM Water Cooler 8/21/2018
Today’s Water Cooler: IA-03, #Resistance tsotchkes, Tesla, Steam, quarterly reporting, Internet of Things, Allen’s Coffee Flavored Brandy, temporarily ope thread
