Monthly Archives: November 2018

November 30, 2018

• 2:00PM Water Cooler 11/30/2018
  by Lambert Strether 2:00 pm

• New Research: Australia’s Immigration System Undercuts Workers
  by Yves Smith 9:55 am

• Links 11/30/18
  by Yves Smith 6:55 am

• American Life Expectancy Continues to Fall: Rise in Suicides, Overdose Deaths the Big Culprit
  by Yves Smith 5:29 am

• Machine Learning and Economics
  by Yves Smith 3:20 am

• Breaking Down What Climate Change Will Do, Region by Region
  by Yves Smith 12:58 am

November 29, 2018

• 2:00PM Water Cooler 11/29/2018
  by Lambert Strether 2:00 pm

• Betting on BECCS: Will Bio-Energy with Carbon Capture and Storage Help the Climate?
  by Lambert Strether 12:25 pm

• Links 11/29/18
  by Lambert Strether 6:55 am

• Global Uncertainty Is Rising, and That is a Bad Omen for Growth
  by Lambert Strether 4:55 am

• CalPERS PR Messaging on Private Equity Backfiring as Lack of Justification, Flailing About, Become Obvious
  by Yves Smith 2:00 am

• Can Zuckerberg Survive Facebook’s Stock Selloff?
  by Yves Smith 1:59 am

November 28, 2018

• 2:00PM Water Cooler 11/28/2018
  by Lambert Strether 2:00 pm

• Corporate PACs Plot Counterstrategy to Thwart Campaign Finance Reform
  by Jerri-Lynn Scofield 11:55 am

• Links 11/28/18
  by Jerri-Lynn Scofield 6:55 am

• Don Quijones: Wall Street Mega-Landlord Blackstone Turns Screw on Spanish Government & Property Market
  by Jerri-Lynn Scofield 6:25 am

• How Economists Impede Addressing Climate Change
  by Yves Smith 4:20 am

• Brexit Is an Issue Too Deep To Go Away: It Will Be the Theme of English Politics for Decades to Come
  by Yves Smith 1:05 am

November 27, 2018

• 2:00PM Water Cooler 11/27/2018
  by Lambert Strether 2:00 pm

• Moscow & NATO Playing a ‘Dangerous Tit-For-Tat Game’ in the Ukraine
  by Yves Smith 9:55 am

• Links 11/27/18
  by Yves Smith 6:55 am

• Overshadowed By Opioids, Meth Is Back And Hospitalizations Surge
  by Yves Smith 2:10 am

• You May Not Actually Own Your Bitcoin: Legal Expert
  by Yves Smith 1:40 am

• White House Doubles Down On Coal Despite New Climate Report
  by Yves Smith 12:14 am

November 26, 2018

• 2:00PM Water Cooler 11/26/2018
  by Lambert Strether 2:00 pm

• Post Office Privatization Thrust Awaits (Stalled) Publication of Trump Task Force Report
  by Lambert Strether 1:55 pm

• Leftist “Useful Idiots” Continue Their War on Wages via Mass Immigration (Australia)
  by Lambert Strether 10:45 am

• Links 11/26/18
  by Lambert Strether 6:55 am

• Brexit: More Thrashing About
  by Yves Smith 3:26 am

• As Zuckerberg Refuses to Testify, UK Seizes Thousands of ‘Potentially Explosive’ Documents Facebook Has Tried to Keep Secret
  by Yves Smith 3:11 am

November 25, 2018

• Hedda Martin’s GoFundMe, Spectrum Health, and Putting a Band-Aid on the Cancer of American’s Health Care System
  by Lambert Strether 1:55 pm

• Links 11/25/18
  by Lambert Strether 6:55 am

• ‘We Are Not Robots’: Amazon Workers Walk out on Black Friday over Low Wages and ‘Inhuman Conditions’
  by Lambert Strether 4:55 am

November 24, 2018

• Links 11/24/18
  by Yves Smith 6:55 am

• Dirty Work: Buying Votes at the UN Security Council
  by Yves Smith 1:50 am

• The Global Financial Crime Wave Is No Accident
  by Yves Smith 1:32 am

November 23, 2018

• 2:00PM Water Cooler 11/23/2018
  by Lambert Strether 2:00 pm

• Taking an Inventory of Senator Bernie Sanders’ Town Halls in 2017 and 2018
  by Lambert Strether 1:25 pm

• Links 11/23/18
  by Lambert Strether 6:55 am

• Wolf Richter: 438 Stocks on the NYSE Have Already Plunged 40%-94% from 52-Week Highs
  by Lambert Strether 4:25 am

November 22, 2018

• Links Thanksgiving Day 11/22/18
  by Lambert Strether 6:55 am

• Sears Bankruptcy Engineered to Benefit Executives and Stiff Workers
  by Yves Smith 12:39 am

• Uncertainty and Legal Institutions: The Impact of the Brexit Vote on EU Law Application in the UK
  by Yves Smith 12:17 am

November 21, 2018

• 2:00PM Water Cooler 11/21/2018
  by Lambert Strether 2:00 pm

• Why Thanksgiving Is My Favorite Holiday
  by Lambert Strether 1:55 pm

• Links 11/21/18
  by Yves Smith 6:55 am

• Brexit: Even More Confusion
  by Yves Smith 4:15 am

• CalPERS CEO Marcie Frost Misrepresentations Scandal Not Going Away: Former Board Member and Board Designee Continue to Press for Investigation
  by Yves Smith 3:04 am

• Debunking One “Global Cooling” Argument
  by Yves Smith 12:31 am

November 20, 2018

• 2:00PM Water Cooler 11/20/2018
  by Lambert Strether 2:00 pm

• ‘A Staggeringly Bad Idea’: Pelosi Pushes Tax Rule That Would ‘Kneecap the Progressive Agenda’
  by Jerri-Lynn Scofield 1:55 pm

• Links 11/20/18
  by Jerri-Lynn Scofield 6:55 am

• Michael Hudson: “Moral Hazard” vs Mutual Aid – How the Bronze Age Saved Itself from Debt Serfdom
  by Yves Smith 6:45 am

• The Fracking Industry’s Wastewater Injection Well Problem
  by Jerri-Lynn Scofield 5:25 am

• New York Media Touts Private Equity Obamist Deval Patrick as Presidential Candidate
  by Yves Smith 12:38 am

November 19, 2018

• 2:00PM Water Cooler 11/19/2018
  by Lambert Strether 2:00 pm

• Another Blow to the Biometric ID Fairy: Researchers Show ‘Master’ Fingerprints Can Bypass Smartphone ID Sensors
  by Jerri-Lynn Scofield 9:55 am

• Links 11/19/18
  by Jerri-Lynn Scofield 6:55 am

• Why I Have Given Up on Powell’s Books
  by Yves Smith 4:13 am

• Sunrise Movement and AOC Push Pelosi for a Green New Deal, Highlighting Job Creation
  by Jerri-Lynn Scofield 3:25 am

• An MMT View of “Twin Deficits”: Budget and Current Account Deficits
  by Yves Smith 2:56 am

November 18, 2018

• Links 11/18/18
  by Jerri-Lynn Scofield 6:55 am

• IMF, Warren Sound Alarm on Leveraged Lending
  by Jerri-Lynn Scofield 6:50 am

• IMF Pushes Neoliberal Policies in Latin America
  by Jerri-Lynn Scofield 5:25 am

• Hope to See You At Our Birmingham Meetup This Monday, November 19
  by Yves Smith 1:29 am

November 17, 2018

• Links 11/17/18
  by Yves Smith 6:59 am

• Labour MPs Should Vote Against Theresa May’s Brexit Deal. It Is a Poison Pill
  by Yves Smith 5:23 am

• How Trump’s Game of Chicken With Iran Could Weaken the Dollar’s Role as the World’s Currency
  by Yves Smith 4:49 am

• A Naked Capitalism Win: No More Poop in the Loop
  by Yves Smith 3:00 am

November 16, 2018

• 2:00PM Water Cooler 11/16/2018
  by Lambert Strether 2:00 pm

• When the Middle Class Lost Its Wealth
  by Yves Smith 9:55 am

• Links 11/16/18
  by Lambert Strether 6:55 am

• Everything You Thought You Knew About Western Civilization Is Wrong: A Review of Michael Hudson’s New Book, And Forgive Them Their Debts
  by Yves Smith 4:23 am

• Gaius Publius: Amazon Rips Off 238 Cities, States and Provinces, Then Builds in NYC and DC
  by Yves Smith 1:13 am

November 15, 2018

• CalPERS Abandons One Part of Private Equity Scheme, Lies About the Rest, but Addled Business Press Continues to Get the Story Wrong
  by Yves Smith 10:40 pm

• Reminder: Birmingham Meetup for Monday, November 19
  by Yves Smith 10:09 pm

• 2:00PM Water Cooler 11/15/2018
  by Lambert Strether 2:00 pm

• Our New York Magazine Article: “Fake ‘Unicorns’ Are Running Roughshod Over the Venture Capital Industry”
  by Yves Smith 9:55 am

• Links 11/15/18
  by Yves Smith 6:55 am

• Brexit: Brexit Minister Raab Resigns; May to Face Hostile Parliament. Update: Two More Resignations, Bringing Total So Far to Four, Now Six
  by Yves Smith 5:25 am

• Uber Releases Ugly 3Q 2018 Results: Losses Widen to $1.1 Billion, Growth Slows
  by Yves Smith 3:49 am

• Is This Time Different? Examining Recent Emerging-Market Turbulence
  by Yves Smith 2:31 am

November 14, 2018

• 2:00PM Water Cooler 11/14/2018
  by Lambert Strether 2:00 pm

• High Stakes, Entrenched Interests And The Trump Rollback Of Environmental Regulations
  by Yves Smith 9:55 am

• Links 11/14/18
  by Yves Smith 6:55 am

• Brexit: May at Her Marks to Run a Gauntlet. Update: Cabinet Approves Draft Agreement
  by Yves Smith 5:45 am

• Apple’s “Capital Return Program”: Rewarding the Wrong People
  by Yves Smith 3:20 am

November 13, 2018

• Confidence or Dead CEO Walking? CalPERS Staff Pressured to Wear Badges of Support
  by Yves Smith 8:18 pm

• 2:00PM Water Cooler 11/13/2018
  by Lambert Strether 2:00 pm

• Trump and the Midterms: Is It Not The Economy, Stupid?
  by Yves Smith 9:55 am

• Links 11/13/18
  by Yves Smith 6:55 am

• Brexit: A State Change Nigh? Updated: UK and EU Said to Reach Agreement; Key MPs Denounce It
  by Yves Smith 6:54 am

• Boeing, Crapification, and the Lion Air Crash
  by Yves Smith 5:30 am

• Australia’s New Grain Deliveries Plunge Due to Drought
  by Yves Smith 3:53 am

November 12, 2018

• 2:00PM Water Cooler 11/12/2018
  by Lambert Strether 2:00 pm

• Jackpot? A Round-Up of This Season’s California Wildfires (So Far)
  by Lambert Strether 1:55 pm

• Links 11/12/18
  by Lambert Strether 6:55 am

• Stationary Bandits, State Capacity, and the Malthusian Transition: The Lasting Impact of the Taiping Rebellion
  by Lambert Strether 5:55 am

• AOC Rental Woes a Reminder of Worsening Conditions for Workers
  by Yves Smith 3:27 am

• J.D. Alt: Treasury Bonds Are Future Dollars
  by Yves Smith 12:55 am

November 11, 2018

• Links 11/11/18
  by Lambert Strether 6:55 am

• Did Fossil Fuel Firms Completely Dominate Climate Change Issues on the 2018 Ballot?
  by Lambert Strether 6:25 am

November 10, 2018

• CalPERS Self-Dealing: Board and Staff Grift at CalPERS Expense Via Grossly Underpriced Liability Waiver; Fiduciary Self-Insurance Policy “Invalid on Its Face” Due to Lack of Reserves
  by Yves Smith 7:49 pm

• Links 11/10/18
  by Yves Smith 6:55 am

• Raising Minimum Wages Reduces Recidivism
  by Yves Smith 3:01 am

• The Super Rich Get Even Richer
  by Yves Smith 2:43 am

• Confirming Birmingham Meetup for Monday, November 19
  by Yves Smith 1:22 am

November 9, 2018

• 2:00PM Water Cooler 11/9/2018
  by Lambert Strether 2:00 pm

• Cryptocurrencies: Financial (In)stability and (Un)fairness
  by Yves Smith 9:55 am

• Links 11/9/18
  by Lambert Strether 6:55 am

• Brexit Dithering and a Labour Push for Revocation?
  by Yves Smith 6:36 am

• Marshall Auerback: Apple Has an Early Case of GE’s Disease
  by Yves Smith 4:54 am

• US Policy On Iran After The Midterm Elections
  by Yves Smith 4:30 am

November 8, 2018

• 2:00PM Water Cooler 11/8/2018
  by Lambert Strether 2:00 pm

• Stock Markets Do Not Create Value
  by Yves Smith 9:55 am

• Links 11/8/18
  by Yves Smith 6:55 am

• Wolf Richter: The State of the American Debt Slaves, Q3 2018
  by Yves Smith 5:36 am

• How UK (and US) Surveillance Creates Havoc for Personal Data Movement Post Brexit
  by Yves Smith 4:23 am

• Trump Ouster of Sessions Gives New Life to Mueller Controversy
  by Yves Smith 12:12 am

November 7, 2018

• 2:00PM Water Cooler 11/7/2018
  by Lambert Strether 2:00 pm

• From Brothels to Independence: The Neoliberalization of (Sex) Work
  by Yves Smith 9:55 am

• Links 11/7/18
  by Yves Smith 6:55 am

• UK Contests European Court of Justice Case on Article 50 Withdrawal, Averring No Way Will It Back Out of Brexit
  by Yves Smith 4:14 am

• Former Health Insurance Executive Debunks Trump Attacks on Single Payer
  by Yves Smith 12:55 am

November 6, 2018

• 2018 Election Night Live Blog/Open Thread
  by Lambert Strether 9:00 pm

• 2:00PM Water Cooler 11/6/2018
  by Lambert Strether 2:00 pm

• Only Fools Rush In: CalPERS’ Utterly Barmy Governance Structure for New Private Equity Vehicles Creates Irresolvable Conflicts of Interest
  by Jerri-Lynn Scofield 1:55 pm

• Links 11/6/18
  by Lambert Strether 6:55 am

• Northern Ireland Constitutional Settlement: A Brexit Booby Trap?
  by Yves Smith 3:00 am

• CSU Council Calls for Investigation of CalPERS CEO Marcie Frost’s Hiring
  by Yves Smith 2:55 am

• The Rapid Acceleration Towards Peak Oil Demand
  by Yves Smith 1:26 am

November 5, 2018

• 2:00PM Water Cooler 11/5/2018
  by Lambert Strether 2:00 pm

• US Copyright Office Advances Right to Repair: Victory for Consumers for Now
  by Jerri-Lynn Scofield 9:55 am

• Links 11/5/18
  by Jerri-Lynn Scofield 6:55 am

• Why Plans to Turn America’s Rust Belt into a New Plastics Belt Are Bad News for the Climate
  by Jerri-Lynn Scofield 4:25 am

• Brexit: Even More Noise in the Signal
  by Yves Smith 4:03 am

• Mortality Risk, Valuing Lives, and the Impact on Health Care
  by Yves Smith 3:29 am

• Reader Query: Date for November Birmingham Meetup; Possible Fort Lauderdale Meetup in December
  by Yves Smith 2:27 am

November 4, 2018

• Links 11/4/18
  by Jerri-Lynn Scofield 6:55 am

• Plastic Watch: Five Flaws in the EU’s Single-Use Plastics Plan
  by Jerri-Lynn Scofield 6:45 am

• Market Failure in Kidney Exchange
  by Jerri-Lynn Scofield 3:25 am

November 3, 2018

• Links 11/3/18
  by Jerri-Lynn Scofield 6:55 am

• What General Electric Is Doing to Dodge the Question: “When Will GE File for Bankruptcy?”
  by Yves Smith 3:30 am

• Erasing Economics and Economic Policy from Politics: The Race and Xenophobia Sideshow
  by Yves Smith 2:59 am

November 2, 2018

• 2:00PM Water Cooler 11/2/2018
  by Lambert Strether 2:00 pm

• Publishing and Promotion in Economics: The Tyranny of the Top Five
  by Yves Smith 9:55 am

• Links 11/2/18
  by Yves Smith 6:59 am

• Big Money—Not Political Tribalism—Drives US Elections
  by Yves Smith 6:50 am

• Quick Thoughts on the Google Walkout
  by Yves Smith 6:18 am

• Mischaracterizing HAMP and Principal Reduction: A Regression Discontinuity Test Error
  by Yves Smith 4:07 am

November 1, 2018

• 2:00PM Water Cooler 11/1/2018
  by Lambert Strether 2:00 pm

• CalPERS CEO Marcie Frost Describes Her Intent to Leave the CalPERS Board Holding the Bag for Flawed Private Equity Scheme She’s Pushing Them to Approve
  by Yves Smith 11:53 am

• Link 11/1/18
  by Yves Smith 6:55 am

• Economic Distress Did Drive Trump’s Win
  by Yves Smith 6:28 am

• As the Fed Tightens, Where Will the Credit Crunch Pinch First?
  by Yves Smith 5:10 am

• What’s the Problem with Financialization?
  by Yves Smith 4:44 am