There’s ugly, and then there’s the GOP’s tax bill.
Recent Items
Saturday, July 19, 2025
GOP Tax Bill is Even Worse Than We Think
Topics: Banana republic, Income disparity, Politics, Ridiculously obvious scams, Taxes, The destruction of the middle class
Posted by Yves Smith at 3:44 am | 138 Comments »
Is Bitcoin A Speculative Bubble?
Do Bitcoin and other cryptocurrencies have fundamental value?
Topics: Guest Post, Payment system, Technology and innovation
Posted by Yves Smith at 3:02 am | 57 Comments »
2:00PM Water Cooler 12/1/2017
Today’s Water Cooler: Net neutrality, Moore v. Jones, tax “reform,” Flynn plea, sex and power, manufacturing, construction, bonds, crypto, KKK
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 80 Comments »
Japan’s Tight Labor Market Generates Deflation…
Puzzling over Japan’s super low unemployment with continued deflation.
Topics: Doomsday scenarios, Dubious statistics, Economic fundamentals, Guest Post, Japan
Posted by Yves Smith at 9:55 am | 22 Comments »
Links 12/1/17
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 224 Comments »
How Market Competition Really Works
One of the best models of competitive markets in an economy is an evolutionary one.
Topics: Free markets and their discontents, Guest Post, The dismal science
Posted by Yves Smith at 4:58 am | 57 Comments »
Global Value Chains, Trade Shocks and Jobs: An Application to Brexit
A conservative analysis, incorporating the impact on value chains, estimates the UK will face a 4.7% GDP fall in a hard Brexit scenario.
Topics: Brexit, Doomsday scenarios, Economic fundamentals, Free markets and their discontents, Globalization, Guest Post
Posted by Yves Smith at 3:32 am | 14 Comments »
Science Suggests We’re Making Fish Homicidal Through Antidepressants We Flush Into the Water
First a lobster with a Pepsi tattoo, now fish made mad by meds in the water.
Topics: Environment, Guest Post, Health care
Posted by Yves Smith at 2:48 am | 24 Comments »
2:00PM Water Cooler 11/30/2017
Today’s Water Cooler: Comcast perfidy on net neutrality, Moore v Jones, tax “reform,” personal income, Meethotamulla, YouTube demonetization
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 96 Comments »
Life After Coal
In Germany’s Appalachia, the last coal mine is closing.
Topics: Energy markets, Environment, Europe, Global warming, Guest Post, Social policy
Posted by Yves Smith at 9:55 am | 18 Comments »
Links 11/30/17
Topics: Links
Posted by Yves Smith at 6:55 am | 218 Comments »
Exploiting the Elderly: Crapification and Long-Term Care Insurance, Genworth as Case Study
Genworth’s flagging long-term insurance business as a window into the challenges facing even the high-functioning elderly.
Topics: Free markets and their discontents, Market inefficiencies, Risk and risk management
Posted by Yves Smith at 6:32 am | 139 Comments »
New Paper Debunks Desperate Rationalization for Private Equity: Lower Volatility Based on Bogus Valuations
A new paper by Jeff Hooke and Ken Yook of John Hopkins argues that “smoothed,” as in phony, private equity valuations are misleading.
Topics: Dubious statistics, Investment management, Private equity, Ridiculously obvious scams
Posted by Yves Smith at 4:56 am | 9 Comments »
The Web Began Dying in 2014 – Here’s How
The Internet has changed considerably since 2014, and not in a good way.
Topics: Free markets and their discontents, Guest Post, Media watch, Technology and innovation
Posted by Yves Smith at 2:03 am | 59 Comments »
2:00PM Water Cooler 11/29/2017
Today’s Water Cooler: Net neutrality, aluminum, Moore v. Jones, tax “reform,” Dems and sexual harassment, GDP, robot cars, Tesla, barbecue
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 115 Comments »