Tuesday, July 22, 2025

Student Loan Defaults Approach 5 Million….Using a Very Permissive Definition of “Default”

The latest sighting on the student loan front is not pretty, and would be even uglier if the right metrics were used.

2:00PM Water Cooler 12/13/2017

Today’s Water Cooler: WTO, net neutrality, Jones, Franken, Amazon, The Fed, neoliberal epidemics.

Three Surprises on Climate Change from Economist Michael Grubb

A tiny bit of good, or perhaps more accurately, less bad news on the climate change front.

Links 12/13/17

Reform Candidate for CalPERS Board, Margaret Brown, Beats Incumbent Handily; Staff and Board Apparently Shell-Shocked

As the Sacramento Bee reported, In an upset, a CalPERS critic wins a seat on the pension board: Margaret Brown, a Southern California school district administrator, unseated incumbent Michael Bilbrey in a runoff election to win a seat on the California Public Employees’ Retirement System Board of Administration. Her victory on Tuesday marks an upset […]

LEAKED: Head Of FCC Mocks Impending Destruction Of The Internet

Ajit Pai, the head of the FCC, shows his true colors. Not a pretty sight.

Doug Jones Scores Upset in Alabama Senate Race

Some initial comments on the Doug Jones win in Alabama.

2:00PM Water Cooler 12/12/2017

Today’s Water Cooler: Net neutrality, WTO, Moore v Jones, Lena Dunham, tax “reform,” Rapture Index pops, Aurelius, complexity, near misses

Sandy Hook Anniversary: Time for Insurance So Gun Owners Bear the True Cost of Gun Ownership

Time to make gun owners pay for the full cost of their hobby.

Links 12/12/17

Can Uber Ever Deliver? Part Eleven: Annual Uber Losses Now Approaching $5 Billion

Uber’s ever-widening losses confirms Hubert Horan’s thesis that Uber has no credible path to profit absent a radical downsizing.

Don Quijones: A New Stealth Attack in EU’s “War on Cash”

The definition of cash widens.

The DSGE Model Quarrel (Again)

Economists duke it out over a new defense of discredited but still widely used DSGE models.

2:00PM Water Cooler 12/11/2017

Today’s Water Cooler: Moore v. Jones, Unity Commission, Bitcoin, house-cleaning, open thread.

Class and Beyond: Case-Deaton’s “Deaths of Despair,” Embodiment, and Neoliberal Epidemics

Can a theory of epidemiology put a stake in the heart of neoliberalism — and identity politics?