Why the lump-of-labor fallacy is bad for workers and for economics.
Sunday, July 20, 2025
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
Medicare Part D: Delight, or Debacle?
My first foray into real Medicare.
Brexit as a Tightly Coupled Process
Stepping back to look at the Brexit trajectory.
