Identifying issues that may influence how Italy’s political crisis over the rejection of a Lega Nord-5 Star economy minister plays out.
Saturday, February 7, 2026
There’s No Getting Around Iranian Sanctions
A discussion of the how Europe’s efforts to buck the US sanctions against Iran may play out.
Stock Market Borrowing at All Time High, Increasing Risk of Downdrafts
I find it hard to get excited about stock market risks unless defaults on the borrowings can damage the banking/payments system, as they did in the Great Crash. This is one reason the China perma-bears have a point: even though the Chinese government has managed to do enough in the way of rescues and warnings […]
2:00PM Water Cooler Memorial Day 2018
Today’s Water Cooler: Memorial Day open thread.
Capital’s Share of Income Is Way Higher than You Think
Almost half of households’ market income is received for just being wealthy: owning stuff.
Don Quijones: Which Banks Are Most Exposed to Italy’s Sovereign Debt? (Other than the Horribly Exposed Italian Banks)
“Doom loop” begins to exact its pound of flesh.
Be Sure to Catch This Saturday’s June 2 NYC Meetup with Lambert
If you live in or near NYC, hope you can make our meetup this coming Saturday.
Neoliberalism’s Assault on the Veteran’s Administration Continues
An impending IT debacle at the Veteran’s Administration, and a bipartisan effort to privatize it.
The Carbon Bubble and the Pricing of Bank Loans
Neglecting the possibility that fossil fuel reserves can become ‘stranded’ could result in a ‘carbon bubble’ as fossil fuel firms become overvalued.
How Institutional Dysfunction Has Enabled Poor Economic Policy Thinking
How economic research practices and the role of academic journals helped create and reinforced an orthodoxy that was able to miss that the crisis was coming.
Do Fewer Settlements by Pharmaceutical Companies Mean Even Less Accountability for Their Execs?
Drug company settlements with the Feds, which never were very tough to begin with, are also becoming less frequent.
2:00PM Water Cooler 5/25/2018
Today’s Water Cooler: Automobile imports, “Blue Wave” already cresting?, California primaries, Teachout runs for NY AG, Our Revolution, durable goods, consumer sentiment, DNA, ’80s home robots
