Wreckage of national parks during the shutdown as yet another sign of lack of social cohesion.
Recent Items
Saturday, February 7, 2026
Off-Roading, Chopped Joshua Trees, Overflowing Toilets: Our National Parks During a Shutdown
Topics: Banana republic, Guest Post, Social values
Posted by Yves Smith at 2:28 am | 99 Comments »
$15 Minimum Wage: Job Killer or Path Out of Poverty?
This Real News Network segment sets forth the most common arguments against increasing the minimum wage to $15 an hour, or alternatively, a living wage level, and shows why they don’t hold up to scrutiny. A decent minimum wage is even more important when the supposedly robust US economy is increasingly creating McJobs. JAISAL NOOR: […]
Topics: Dubious statistics, Economic fundamentals, Free markets and their discontents, Income disparity, Politics, Regulations and regulators, Social policy, The destruction of the middle class
Posted by Yves Smith at 12:02 am | 26 Comments »
Please Join Our “Come in From the Cold” NYC Meetup Next Friday, January 18 and Fort Lauderdale Meetup Thursday February 7
Hope you can make our NYC or Fort Lauderdale meetup’! You’ll find good company and if you are so inclined, plenty of potables.
Topics: Notices
Posted by Yves Smith at 8:36 pm | 3 Comments »
2:00PM Water Cooler 1/11/2019
Today’s Water Cooler: China trade, Beto, Harris, Gillibrand, Biden, Sanders, AOC vs “call time,” Pelosi’s theory of the party, Ed Buck saga, liberal warmongers, cost of living, deep-sea mud and rare earths, “Lazy Prices,” Wall Street algos, labor exploitation, EVE online
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 157 Comments »
The Downside of Market-Minded Philanthropy
Beware of squillionaires practicing philanthropy…..
Topics: Banana republic, Free markets and their discontents, Guest Post, Income disparity, Social policy, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 32 Comments »
Links 1/11/19
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 207 Comments »
Trillions In IPO Funds At Risk Over Government Shutdown
It turns out the often-maligned SEC is much missed as the Federal partial shutdown puts the IPO market on hold.
Topics: Banana republic, Guest Post, Investment management, Politics, Regulations and regulators
Posted by Yves Smith at 1:33 am | 8 Comments »
China Won’t Be Taking Over
Why China is fragile and starting to look wobbly.
Topics: China, Credit markets, Currencies, Dubious statistics, Economic fundamentals, Guest Post
Posted by Yves Smith at 12:52 am | 48 Comments »
Thoughts on Warren and Sanders: How Much Change Is Needed in 2021?
A look at Warren’s and Sanders’ fundamental political stances and what they might mean for their 2020 campaigns.
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Politics, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 12:40 am | 72 Comments »
2:00PM Water Cooler 1/10/2019
Today’s Water Cooler: Beto, Biden, Sanders and oppo, CBC and diversity, HR1, jobless claims, Amazon, software patents, beauty and evolution, redwoods, Headstart, life expectancy, precarity, Bruce Weber (again), Kuhn’s “The Structure of Scientific Revolutions”
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 121 Comments »
How Shocking Was Shock Therapy?
Poland managed to escape a lot of the “shock doctrine” treatment, yet has gone hard right. What happened?
Topics: Economic fundamentals, Europe, Free markets and their discontents, Guest Post, Income disparity, Macroeconomic policy
Posted by Yves Smith at 9:55 am | 44 Comments »
Links 1/10/19
Topics: Links
Posted by Yves Smith at 6:55 am | 174 Comments »
Kamala Harris Tells Big Lie: That 2012 Mortgage Settlement Was a Good Deal for Homeowners
Kamala Harris’ supposed big accomplishment, of getting California a better deal in the 2012 mortgage settlement, isn’t anything to boast about.
Topics: Banana republic, Banking industry, Legal, Politics, Real estate
Posted by Yves Smith at 3:30 am | 42 Comments »
New Documents Reveal a Covert British Military-Intelligence Smear Machine Meddling In American Politics
The Orwellianly-named Integrity Initiative is bringing international disinformation campaign, road tested in Europe. to the US, in the form of a “political smear unit.”
Topics: Banana republic, Guest Post, Media watch, Politics
Posted by Yves Smith at 3:00 am | 43 Comments »
Here’s What a Real Strike Looks Like: 150 Million Say No to Despotism in India
The Modi government is trying to stare down large-scale strikes against its labor “reforms” in India.
Topics: Banana republic, Free markets and their discontents, Guest Post, Income disparity, India, Legal, Politics, Social values
Posted by Yves Smith at 2:11 am | 11 Comments »


