Monthly Archives: August 2017

August 31, 2017

• 2:00PM Water Cooler 8/31/2017
  by Lambert Strether 2:00 pm

• Links 8/31/17
  by Lambert Strether 6:55 am

• How to Help the Neediest Harvey Victims, Wherever You Live
  by Yves Smith 6:47 am

• Moody’s on Amazon: “Weakest of the Big US Retailers”
  by Yves Smith 6:32 am

• New America Foundation Head Anne-Marie Slaughter Botches Laundering Google’s Money, Fires Anti-Trust Team at Eric Schmidt’s Behest
  by Yves Smith 4:15 am

August 30, 2017

• 2:00PM Water Cooler 8/30/2017
  by Lambert Strether 2:00 pm

• Consumption Inequality and the Frequency of Purchases
  by Yves Smith 9:55 am

• Links 8/30/17
  by Yves Smith 6:55 am

• Could a Foreign Corrupt Practices Investigation Become a Serious Problem for Uber?
  by Yves Smith 5:58 am

• Brexit Makes Labour Exploitation More Likely in the UK
  by Yves Smith 4:24 am

• Nomi Prins: A Decade of G7 Central Bank Collusion – and Counting..
  by Yves Smith 4:02 am

August 29, 2017

• 2:00PM Water Cooler 8/29/2017
  by Lambert Strether 2:00 pm

• How Much Is Google Willing to Gamble in Its Staredown With the EU Competition Commissioner?
  by Yves Smith 9:55 am

• Links 8/29/17
  by Lambert Strether 6:55 am

• Why You Should Be Skeptical of the Hyping of Whole Foods Under Amazon
  by Yves Smith 6:54 am

• GAO Report Finds Rural Postal Service Remains Essential
  by Yves Smith 2:50 am

• Announcing Friday Sept. 22 Meetup in Kansas City and Wed. Nov. 15 Meetup in Atlanta
  by Yves Smith 1:25 am

• Hurricane Harvey Throws Global Oil Markets Into Chaos
  by Yves Smith 12:10 am

August 28, 2017

• 2:00PM Water Cooler 8/28/2017
  by Lambert Strether 2:00 pm

• Will Disappointing Tax Reform Puncture the Stock Market Bubble?
  by Yves Smith 9:55 am

• Opioid Overdoses Increase When Unemployment Rises
  by Jerri-Lynn Scofield 8:25 am

• Links 8/28/17
  by Jerri-Lynn Scofield 6:55 am

• What Does the Surprise Selection of Expedia’s Dara Khosrowshahi as CEO Mean for Uber?
  by Yves Smith 6:30 am

• Another Privatization Fail: 5 Things You Don’t Know About School Lunches (but Probably Should)
  by Jerri-Lynn Scofield 4:25 am

August 27, 2017

• Trump Treasury Dept Renews Modest Real Estate Anti-Money Laundering Regs
  by Jerri-Lynn Scofield 9:55 am

• Links 8/27/17
  by Jerri-Lynn Scofield 6:55 am

• Dean Baker: Social Security A Success Story- Can It Withstand Privatization Attacks?
  by Jerri-Lynn Scofield 4:25 am

August 26, 2017

• Links 8/26/17
  by Yves Smith 6:55 am

• NC Classic: The Tinkerbell Market
  by Yves Smith 6:36 am

• Data Scientist Cathy O’Neil: “Algorithms Are Opinions Embedded in Code”
  by Yves Smith 5:44 am

August 25, 2017

• 2:00PM Water Cooler 8/25/2017
  by Lambert Strether 2:00 pm

• Why You Should Be Very Skeptical of Google’s and ProPublica’s “Hate Crimes” Initiative
  by Yves Smith 9:55 am

• Links 8/25/17
  by Yves Smith 6:55 am

• More Duelling Court Filings in Uber’s Kalanick v. Benchmark Death Match
  by Yves Smith 6:18 am

• If You’ve Never Lived in Poverty, Don’t Tell Poor People What They Should Do
  by Yves Smith 4:51 am

• How Alfred McCoy Stalked the CIA From Its Heroin Trail to the Surveillance State
  by Yves Smith 2:24 am

August 24, 2017

• 2:00PM Water Cooler 8/24/2017
  by Lambert Strether 2:00 pm

• Did Sanders Voters Tip the 2016 Election to Trump?
  by Lambert Strether 12:50 pm

• Links 8/24/17
  by Lambert Strether 6:55 am

• UK Bank IT Train Wreck Demonstrates Why Algos Can Be a Terrible Idea
  by Clive 6:50 am

• Will Big Data Eat Hollywood’s Lunch?
  by Outis Philalithopoulos 6:35 am

• “How to Run a Cheap Foreign Labor Economic Model”
  by Yves Smith 4:59 am

August 23, 2017

• 2:00PM Water Cooler 8/23/2017
  by Lambert Strether 2:00 pm

• UK Trying to Renegotiate Shape of the Brexit Table, Which Will Effectively Shut Down Talks
  by Yves Smith 9:55 am

• Links 8/23/17
  by Lambert Strether 6:55 am

• Steve Bannon v. Blinkered Economists on “Free Trade”
  by Yves Smith 4:05 am

• Mutual Funds Cut Uber Valuation by as Much as 15%
  by Yves Smith 3:30 am

• Trip Report for Naked Capitalism Meetups in Burlington, VT and Montréal, PQ
  by Lambert Strether 2:55 am

August 22, 2017

• 2:00PM Water Cooler 8/22/2017
  by Lambert Strether 2:00 pm

• Book Review: The Personal Memoirs of Ulysses S. Grant
  by Lambert Strether 1:03 pm

• Links 8/22/17
  by Yves Smith 6:55 am

• Google’s Censorship, Plans to Restrict Publisher Advertising Raises Antitrust Issues
  by Yves Smith 6:50 am

• The Latest Red Flag For U.S. Shale
  by Yves Smith 6:38 am

• The Ludicrous Prepper Plans of the Super Rich
  by Yves Smith 6:32 am

August 21, 2017

• 2:00PM Water Cooler 8/21/2017
  by Lambert Strether 2:00 pm

• Links 8/21/17
  by Lambert Strether 6:55 am

• Life’s a Pitch
  by Yves Smith 3:53 am

• Another Way the Rich Preserve Their Advantage: Grade Inflation in Private Schools
  by Yves Smith 3:20 am

• Wolf Richter: NAFTA Negotiations Start in Secrecy, despite Fake Promises of Transparency. Lobbying Heats Up
  by Lambert Strether 1:55 am

August 20, 2017

• Links 8/20/17
  by Lambert Strether 6:55 am

• Debunking the Myth of “Free Speech”
  by Yves Smith 5:55 am

• How the Postal System and the Printing Press Transformed European Markets
  by Lambert Strether 1:55 am

August 19, 2017

• Links 8/19/17
  by Yves Smith 6:55 am

• Trump and the Infrastructure of Fascism
  by Yves Smith 6:07 am

• Why Explaining US Internal Strife Through “Russian Influence” Is Lazy and Unhelpful
  by Yves Smith 5:16 am

August 18, 2017

• 2:00PM Water Cooler 8/18/2017
  by Lambert Strether 2:00 pm

• G20 Climate Commitments and China’s One Belt One Road
  by Yves Smith 9:55 am

• Links 8/18/17
  by Yves Smith 6:57 am

• How to Use Fiscal and Monetary Policy to Make Us Rich Again
  by Yves Smith 6:41 am

• Charlottesville: “I Think a Lot More People Are Going to Die Before We Are Done”
  by Yves Smith 6:07 am

• Are Investors Bailing On U.S. Shale?
  by Yves Smith 2:09 am

August 17, 2017

• 2:00PM Water Cooler 8/17/2017
  by Lambert Strether 2:00 pm

• After Neoliberalism, What Next?
  by Yves Smith 9:55 am

• I Am Disabling Comments
  by Yves Smith 9:14 am

• Links 8/17/17
  by Yves Smith 6:57 am

• Uber PR Story on Supposed Financing Falling Apart as Warring Board Members Trade Barbs
  by Yves Smith 6:33 am

• School Funding Fight in Illinois: Billionaire Ex-Private Equity Governor Rauner v. 2 Million Students
  by Yves Smith 6:18 am

• Brexit: A View from the Other End of the Telescope
  by Yves Smith 5:52 am

August 16, 2017

• Please come to our Burlington VERMONT Meetup August 17, and/or our Montreal QUEBEC Meetup August 18 (with Lambert)
  by Lambert Strether 3:00 pm

• 2:00PM Water Cooler 8/16/2017
  by Lambert Strether 2:00 pm

• Why Is The Fed Raising Interest Rates As Fast As It Is?
  by Yves Smith 9:55 am

• Links 8/16/17
  by Lambert Strether 6:55 am

• Why Public Company Ownership Is Irrelevant to Monopolies
  by Yves Smith 6:20 am

• Ilargi: Negative Interest Rates – Rogoff Cribs from Orwell and Kafka
  by Yves Smith 4:29 am

• Lee Camp: I Witnessed the Charlottesville Terror Attack, Here’s the Video
  by Yves Smith 2:39 am

August 15, 2017

• 2:00PM Water Cooler 8/15/2017
  by Lambert Strether 2:00 pm

• Financial Regulatory Rollback Proceeds
  by Jerri-Lynn Scofield 9:55 am

• Links 8/15/17
  by Lambert Strether 6:55 am

• Neoliberalism Booster New York Times Egregiously Misrepresents French Labor Laws
  by Yves Smith 6:01 am

• Wolf Richter: Worst Restaurant Recession Since 2009 Dings Inflation
  by Yves Smith 3:22 am

• The Case Against a Consumption Tax
  by Yves Smith 1:53 am

August 14, 2017

• 2:00PM Water Cooler 8/14/2017
  by Lambert Strether 2:00 pm

• Fiduciary Rule: Helps Not Hurts Wall Street, So Full Rescission Unlikely
  by Jerri-Lynn Scofield 9:55 am

• Links 8/14/17
  by Jerri-Lynn Scofield 6:55 am

• New York Times Claims Bidders Circling Uber….But How Serious Is This, Really?
  by Yves Smith 6:41 am

• In First 6 Months Under Trump, Polluters Already Paying Lower Fines to EPA
  by Jerri-Lynn Scofield 3:55 am

• “The Changing of the Guard:” The Prescient 1980 Book That Foretold the Democrat Love Affair With Neoliberalism
  by Yves Smith 1:25 am

August 13, 2017

• The Opioid Crisis: Treating Root Causes of Addiction
  by Jerri-Lynn Scofield 9:55 am

• Links 08/13/17
  by Jerri-Lynn Scofield 6:55 am

• CalPERS CIO Ted Eliopoulos Handing Off Most of His Job Duties. So Why Isn’t He Taking a $500,000 Pay Cut?
  by Yves Smith 3:05 am

August 12, 2017

• Links 8/12/17
  by Yves Smith 6:55 am

• Uber: “Battle to the Death” in Benchmark/Kalanick Power Struggle
  by Yves Smith 5:29 am

• Surprise: The 1% Is Overrepresented in the Ivy League
  by Yves Smith 3:22 am

August 11, 2017

• 2:00PM Water Cooler 8/11/2017
  by Lambert Strether 2:00 pm

• How to Break Austerity-Induced Stagnation?
  by Yves Smith 9:55 am

• Uber Descends Into Even More Turmoil With Benchmark Suit v. Kalanick
  by Yves Smith 7:41 am

• Links 8/11/17
  by Yves Smith 6:55 am

• Crisis Revisionist History: Redating of Onset to Make Behind the Curve Central Bankers Look Better
  by Yves Smith 6:50 am

• Wolf Richter: Amazon Online Grocery Boom? Not So Fast…
  by Yves Smith 6:40 am

• Is Skynet Really Coming After Jobs?
  by Yves Smith 6:30 am

August 10, 2017

• 2:00PM Water Cooler 8/10/2017
  by Lambert Strether 2:00 pm

• Facebook Now Out to Squish Even Newbie Potential Competitors
  by Yves Smith 9:55 am

• Links 8/10/17
  by Lambert Strether 6:55 am

• Flagging Productivity Growth – How Much Is Due to Bad Management?
  by Yves Smith 6:50 am

• Wall Street Journal Deigns to Notice Costly Indiana Toll Road Failure, Depicts It as Isolated When Toll Roads “Consistently” Go Bust
  by Yves Smith 6:11 am

• Nurses: Paul Krugman Gives ‘Shallow Political Advice’ On Health Care Reform
  by Yves Smith 5:02 am

August 9, 2017

• 2:00PM Water Cooler 8/9/2017
  by Lambert Strether 2:00 pm

• Foxconn’s Con: Seeking Whopping Subsidies for Wisconsin, Michigan Manufacturing Jobs…If They Happen
  by Yves Smith 9:55 am

• Links 8/9/17
  by Lambert Strether 6:55 am

• Neoliberalism’s “Die Faster” Is Helping Pension Funds…But Not Doing Enough for Young Homebuyers
  by Yves Smith 6:05 am

• Trump as “Consequence, Not Cause” of the Collapse in the Post Cold War Consensus
  by Yves Smith 5:13 am

• Public Pension Funds Regain Some Lost Ground in a Good Year, But CalPERS Lags Peers
  by Yves Smith 4:33 am

August 8, 2017

• 2:00PM Water Cooler 8/8/2017
  by Lambert Strether 2:00 pm

• GOP and Democrats Push Trump on Tax Reform
  by Yves Smith 9:55 am

• Links 8/8/17
  by Yves Smith 6:55 am

• Private Equity Flouts State Regulations by Buying Medical Practices
  by Yves Smith 6:00 am

• More Brexit Confusion: UK Judges Can Use New ECJ Precedents Post Brexit
  by Yves Smith 5:35 am

• Gaius Publius: There Is No “Political Center” in Modern America
  by Yves Smith 5:25 am

August 7, 2017

• 2:00PM Water Cooler 8/7/2017
  by Lambert Strether 1:59 pm

• Concrete Material Benefits: “Better Deal” vs. “People’s Platform”
  by Lambert Strether 1:25 pm

• Links 8/7/17
  by Lambert Strether 6:55 am

• Quelle Surprise! Financial Firm Fines Are Way Down Under Trump
  by Yves Smith 4:38 am

• Globalisation and US Labor Markets
  by Lambert Strether 3:25 am

• Democrats Pushing the “Compete” Word to Justify Doubling Down on Failed, Middle-Class Destroying Neoliberal Policies
  by Yves Smith 3:16 am

August 6, 2017

• How Serious Is The Possibility of a Constitutional Convention?
  by Lambert Strether 1:55 pm

• Links 8/6/17
  by Lambert Strether 6:55 am

• Just-Released Docs Show Monsanto “Executives Colluding With Corrupted EPA Officials to Manipulate Scientific Data”
  by Lambert Strether 3:25 am

August 5, 2017

• Links 8/5/17
  by Yves Smith 6:55 am

• Bribery, Cooperation, and the Evolution of Prosocial Institutions
  by Yves Smith 4:29 am

• Yes Men Target “Better Deal” #DNCTakeBack Scam
  by Yves Smith 3:32 am

August 4, 2017

• 2:00PM Water Cooler 8/4/2017
  by Lambert Strether 2:00 pm

• Let’s Face It: Monetary Policy Is Failing
  by Yves Smith 9:55 am

• Links 8/4/17
  by Yves Smith 6:58 am

• Austerity in One Country: The Case of Britain
  by Yves Smith 6:50 am

• Shareholder Value Theory: Social Responsibility Can Increase ROI
  by Yves Smith 6:07 am

• Bannon and Blackwater Want to Outsource Afghanistan War
  by Yves Smith 3:52 am

August 3, 2017

• 2:00PM Water Cooler 8/3/2017
  by Lambert Strether 2:00 pm

• Wolf Richter: How Banks Hurt the Real Economy – FDIC’s Hoenig to Senate
  by Yves Smith 9:55 am

• Links 8/3/17
  by Lambert Strether 6:55 am

• Struggling but Stuck in Rural America
  by Yves Smith 6:38 am

• Fake Unicorns: Study Finds Average 49% Valuation Overstatement; Over Half Lose “Unicorn” Status When Corrected
  by Yves Smith 5:03 am

• Why Tax Cuts for the Rich Solve Nothing
  by Yves Smith 4:06 am

August 2, 2017

• Burlington, VERMONT Meetup August 17, Montreal QUEBEC Meetup August 18 (with Lambert)
  by Lambert Strether 3:22 pm

• 2:00PM Water Cooler 8/2/2017
  by Lambert Strether 2:00 pm

• What the US “Health Care Reform” Debate Did Not Address
  by Yves Smith 9:55 am

• Links 8/2/17
  by Yves Smith 6:55 am

• Matt Bruenig: The “Success Sequence” Is About Cultural Beefs Not Poverty
  by Yves Smith 5:46 am

• Study: Only Wealthiest and Best Educated Benefit from Mediterranean Diet
  by Yves Smith 4:44 am

• Original Shareholder Value Article – Milton Friedman to GM: Build Clunky Cars
  by Yves Smith 3:37 am

August 1, 2017

• 2:00PM Water Cooler 8/1/2017
  by Lambert Strether 2:00 pm

• Renegotiating NAFTA: The Role of Global Supply Chains
  by Yves Smith 9:55 am

• Links 8/1/17
  by Lambert Strether 6:55 am

• The Two Capitalisms: Electric Batteries as a Case Study in US Magical Thinking vs. Chinese Vertical Integration
  by Yves Smith 6:27 am

• The US Antitrust Counter-Revolution
  by Yves Smith 3:47 am

• How “Shareholder Value” is Killing Innovation
  by Yves Smith 12:15 am