Saturday, July 19, 2025

GOP Tax Bill is Even Worse Than We Think

There’s ugly, and then there’s the GOP’s tax bill.

Is Bitcoin A Speculative Bubble?

Do Bitcoin and other cryptocurrencies have fundamental value?

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

Japan’s Tight Labor Market Generates Deflation…

Puzzling over Japan’s super low unemployment with continued deflation.

Links 12/1/17

How Market Competition Really Works

One of the best models of competitive markets in an economy is an evolutionary one.

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.

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.

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

Life After Coal

In Germany’s Appalachia, the last coal mine is closing.

Links 11/30/17

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.

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.

The Web Began Dying in 2014 – Here’s How

The Internet has changed considerably since 2014, and not in a good way.

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