The false narrative that made personal bankruptcy law so hellish
Recent Items
Tuesday, August 5, 2025
“Life in the Sweatbox,” Personal Bankruptcy, and the Narrative of Utilitarian Calculus
Topics: Banking industry, Credit markets, Guest Post, Income disparity, Moral hazard, Regulations and regulators, Student loans
Posted by Lambert Strether at 12:55 pm | 48 Comments »
Links 2/22/18
Topics: Links
Posted by Yves Smith at 6:55 am | 233 Comments »
Trump’s Bogus Infrastructure Plan Takes the U.S. Further Down the Road of Rentier Capitalism
The public-private partnerships Trump proposes are a sick neoliberal joke.
Topics: Banana republic, Garrulous insolence, Guest Post, Infrastructure, Politics, Ridiculously obvious scams
Posted by Lambert Strether at 5:25 am | 36 Comments »
Treasury Proposes Dubious, Untested Chapter 14 Bankruptcies for Too Big to Fail Banks
Treasury released an ideologically-driven proposal to change Dodd Frank’s resolution authority.
Topics: Banana republic, Banking industry, Derivatives, Doomsday scenarios, Legal, Politics, Regulations and regulators
Posted by Yves Smith at 3:25 am | 17 Comments »
Don’t Want a Robot to Replace You? Study Tolstoy
Why having explored the humanities is a career plus.
Topics: Guest Post, Social values, Technology and innovation, The destruction of the middle class
Posted by Yves Smith at 12:36 am | 42 Comments »
2:00PM Water Cooler 2/21/2018
Today’s Water Cooler: Onward Together, Census, purchasing managers flash, oil, Walmart, Amazon, DHL, debt collection, exercise, elder tech
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 113 Comments »
New JAMA Study Shows that Electronic Health Records Do Not Reduce Administrative Costs
New study on the EHR debacle shows that our multiple payer system creates the complexity that prevents cost-saving and makes EHRs so hard to implement
Topics: Guest Post, Health care, Infrastructure, Politics, Ridiculously obvious scams
Posted by Lambert Strether at 12:55 pm | 54 Comments »
Links 2/21/18
Topics: Guest Post, Legal
Posted by Lambert Strether at 6:55 am | 163 Comments »
Exxon’s Conspiracy Charges Aim To Derail Climate Lawsuits
ExxonMobil is engaged in unprecedented efforts to sue and harass in court those are investigating and suing the company over global warming
Topics: Energy markets, Environment, Garrulous insolence, Global warming
Posted by Lambert Strether at 4:55 am | 31 Comments »
Technology Change Not the Culprit in Wages Falling Behind US Productivity Gains
Larry Summers and Anna Stansbury challenge the idea that workers getting a smaller cut of the productivity gains pie is due to technology.
Topics: Free markets and their discontents, Guest Post, Income disparity, Technology and innovation, The destruction of the middle class, The dismal science
Posted by Yves Smith at 3:33 am | 42 Comments »
Law Professor Proposes Bringing Back Indentured Servitude
Indentured servitude is the new idea for how to get immigrants to come to American at less than minimum wage pay.
Topics: Banana republic, Free markets and their discontents, Globalization, Guest Post, Income disparity, Ridiculously obvious scams, The destruction of the middle class
Posted by Yves Smith at 12:08 am | 81 Comments »
2:00PM Water Cooler 2/20/2018
By Lambert Strether of Corrente. Patient readers, I started today filled with good intentions, and then got a late start. I will add more material in a bit! –lambert UPDATE 2:52PM All done! Trade “China’s got a trade problem that can’t be solved by Belt and Road” [South China Morning Post]. “That’s Belt and Road […]
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 156 Comments »
Do Russiagate Skeptics Go Too Far?
A Russiagate debate.
Topics: Banana republic, Media watch, Politics, Russia
Posted by Yves Smith at 9:55 am | 228 Comments »
Links 2/20/18
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 196 Comments »
Davos: Alive or Dead?
Politicians and economists are meeting at Davos, but as times change, does neoliberalism retain its cachet?
Topics: China, Europe, Free markets and their discontents, Globalization, Guest Post, India, Politics
Posted by Outis Philalithopoulos at 5:00 am | 20 Comments »