Why you should not trust Adam Ashton’s “reporting” on CalPERS.
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Friday, August 8, 2025
How Sacramento Bee Reporter Adam Ashton’s Hit Piece on CalPERS Board Member Shows He’s in the Business of Flacking, Not Reporting
Topics: Banana republic, CalPERS, Media watch
Posted by Yves Smith at 12:28 am | 20 Comments »
Why Board Member and Vocal Critic of CalPERS Margaret Brown Needs to Stay The Course
A successful public pension fund reformer explains how determined foes of transparency and accountability play dirty.
Topics: Banana republic, CalPERS, Guest Post, Investment management, Politics, Private equity
Posted by Yves Smith at 12:27 am | 5 Comments »
Want a More Equal Society? Universal Basic Income Might Not Be the Policy You Are Looking For
Why a Universal Basic Income won’t produce the benefits its boosters claim it will.
Topics: Free markets and their discontents, Guest Post, Income disparity, Politics, Social policy, The destruction of the middle class, The dismal science
Posted by Yves Smith at 12:13 am | 75 Comments »
The Failure of the CMS “Innovation” Center and the Future of Neoliberalism
Of the 37 programs funded by the CMS Innovation Center over the last decade, only two have been found worth of expansion.
Topics: Free markets and their discontents, Guest Post, Health care
Posted by Lambert Strether at 2:00 pm | 25 Comments »
Links 4/29/18
Topics: Links
Posted by Lambert Strether at 4:55 am | 148 Comments »
Inheritance Among Childless Elites
This column uses data on the British aristocracy to provide evidence of the two-way link between inheritance and fertility decisions on the extensive margin
Topics: Brexit, Income disparity
Posted by Lambert Strether at 4:25 am | 15 Comments »
Links 4/28/18
Topics: Links
Posted by Yves Smith at 6:55 am | 215 Comments »
Michael Hudson: Bronze Age Redux – What the Ancients Can Teach Us About Debt
Michael Hudson explains why debt cancellation was central to the politics of ancient societies.
Topics: Banking industry, Credit markets, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Politics
Posted by Yves Smith at 5:38 am | 55 Comments »
The Federal Job Guarantee Is Not Just “Better” Than a Universal Basic Income. It’s the Only Reasonable Option. Universal Basic Income Is Sinister
Why a federal job guarantee is sound policy and a universal basic income isn’t.
Topics: Guest Post, Income disparity, Social policy, The destruction of the middle class
Posted by Yves Smith at 4:38 am | 132 Comments »
2:00PM Water Cooler 4/27/2018
By Lambert Strether of Corrente. Trade “German Chancellor Angela Merkel will meet with President Donald Trump at the White House today for the second time, a visit that will represent, among other things, a last-ditch attempt to persuade the U.S. president not to impose tariffs on steel and aluminum imported from the European Union next […]
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 71 Comments »
Trump’s Carbon Capture Tax Break: Mechanical and Biological Paths
Looking at the potential benefit of tax subsidies for carbon capture.
Topics: Carbon credits, Doomsday scenarios, Energy markets, Environment, Global warming, Guest Post, Taxes
Posted by Yves Smith at 9:55 am | 32 Comments »
Links 4/27/18
Topics: Links
Posted by Yves Smith at 6:55 am | 165 Comments »
Gaius Publius: What To Do About Facebook — First Thoughts
Why Facebook needs to be broken up, and how to do it.
Topics: Guest Post, Media watch, Politics, Regulations and regulators, Social policy
Posted by Yves Smith at 5:03 am | 111 Comments »
TSB Are Using Their Own Customers to Alpha Test Their New IT Platform
The mess at TSB is even worse that the press would have you believe.
Topics: Banking industry, Doomsday scenarios, Guest Post, Payment system, Technology and innovation
Posted by Clive at 4:00 am | 71 Comments »
Exclusive: Calls To Police Skyrocketed After Hiring of Philly Starbucks Manager Who Was on Duty During #Starbuckswhileblack Arrests
The Starbucks manager who called for police to arrest two black men in her store had a history of frequent requests for police help.
Topics: Guest Post, Social values
Posted by Yves Smith at 2:43 am | 37 Comments »