How Amazon’s predatory non-profit model is a particularly potent form of rent extraction.
Wednesday, July 30, 2025
2:00PM Water Cooler 1/17/2018
Today’s Water Cooler: Obama legacy, “the Resistance,” #MeToo, industrial production, robot cars, bitcoin, Catherine MacKinnon, Taft-Hartley
Carillion Must Now Also Face Justice for Blacklisting Trade Unionists
More on Carillion’s bad deeds.
How Black Businesses Helped Save the Civil Rights Movement
How black business owners helped support the Civil Rights campaign in the US.
Lawsuit Against Blackstone, KKR/Prisma, PAAMCO, Kentucky Retirement System, and Others Has Major Implications for Public Pension Funds
A case filed at the end of last year, Mayberry v. KKR, hasn’t gotten the attention it warrants. The suit, which we’ve embedded at the end of this post, was filed on behalf of the beneficiaries of Kentucky Retirement Systems (KRS), the state’s public pension fund and its taxpayers, against Blackstone, KKR/Prisma, and PAAMCO for […]
Why Is CalPERS Board Member/Governor Wannabe John Chiang Telling a Big Lie About CalPERS Private Equity Outsourcing Scheme?
Gubernatorial candidate John Chiang looks more loyal to private equity than he does to California voters and CalPERS beneficiaries.
2:00PM Water Cooler 1/16/2018
By Lambert Strether of Corrente. Trade “The White House will never admit this publicly, but the president is developing a softer attitude towards the North American Free Trade Agreement (NAFTA). Five sources who’ve spoken privately with Trump about NAFTA say he’s taking more seriously the risks of withdrawing the U.S. from the trade deal with […]
Announcement: Minneapolis, Minnesota Meetup THIS SATURDAY, January 20, at 10:30 AM
Alert reader Katy sends the following note: My new Minnesotan NC reader friends and I are having our first meetup this Saturday, January 20 at 10:30 AM. The location is Dunn Brothers Coffee at 201 3rd Ave S, Minneapolis, MN 55401. We have no particular agenda other than to get together and meet each other […]
Intel: No Financial Meltdown
Some economists are Not Happy to see Intel getting away virtually scot free from its Meltdown and Spectre security train wrecks.
Carillion Collapse Will Leave Taxpayers With Big Bills, Produce Knock-On Failures; Shows Danger of “Public/Private Partnerships”
A first look at the implications of the failure of Carallion, a top UK infrastructure firm and provider of outsourced services to governments
Why Urban Farming Is Key in the Fight Against Hunger and Climate Change
How urban farming can help alleviate food stress and buffer climate pressures.
Hawaii Nuke Scare Due to Lousy User Interface
Bad software played a leading role in the Hawaii nuclear panic of last weekend.
2:00PM Water Cooler 1/15/2018
Today’s Water Cooler: Open thread, and also robot cars and cats
