The Fed and the “Soft Landing” – Policy or Luck?
The Fed has little to do with the fall in inflation. Limited labor bargaining power and easing supply chain problems were more important.
Read more...Author Archives: Yves Smith
What We Can Learn from Gen Z Workers
Rather than blame young workers for bad attitudes, we need to understand why Gen Z prioritizes its well-being over company health.
Read more...The $10 Million Eric Adams Is Charged With Stealing Speaks to a Vaster Plot
The Eric Adams indictment involves the abuse of small donations to obtain illegal matches and may go well beyond Turkiye donors
Read more...Richard Wolff and Michael Hudson: West’s Colossal Failure: Peace Summit in Switzerland, US Decline, Rise of BRICS
Michael Hudson and Richard Wolff, in fine form, discuss the remarkable US success in driving its strategic rivals into alliances.
Read more...UPDATED: Hezbollah Confirms Nasrallah Is Dead; Netanyahu Condemned Over Massive Beirut Bombing
While Hezbollah’s leader Hassan Nasrallah survived an attack in Beirut, Israel may still get the regional war it wants.
Read more...TaxCast on Green Laundering, Combatting Big Corporate Tax Dodging with Joseph Stiglitz, EU Competition Minister Margrethe Vesterger
A look at corporate misbehavior, here extreme tax avoidance and green laundering, and the progress of efforts to combat it.
Read more...Fall Fashion’s Economic Forecast
A sampling of fall/winter women’s frocks does not make for an upbeat economic forecast.
Read more...Is It Climate Change or Genocide?
The case that the elite lack of willingness to address climate change amounts to genocide.
Read more...Progressives Sound Alarm as Harris Courts Crypto Industry
“Crypto is a haven for businesspeople with nefarious or criminal intent.”
Read more...Desperate-Looking Biden Administration Attempt to Get 21-Day Israel-Lebanon Ceasefire
Yet another Biden-Blinken ceasefire fantasy makes headlines.
Read more...CBO: GOP Social Security Plan Would Cut Benefits by Thousands, Not Extend Solvency
The CBO releases an analysis of a Project 2025-adjacent plan to reduce Social Security benefits. The “reforms” don’t improve fund solvency!
Read more...The Challenge of Preserving Good Data in the Age of AI
If AI-created content floods the internet, who decides what online information is worth archiving?
Read more...Indian Foreign Minister Throws Cold Water on the Idea of a BRICS Currency
The Indian foreign minister make fatal (at least for now) objections to the idea of a BRICS currency.
Read more...Diet-Related Diseases Are the No. 1 Cause of Death in the US – Yet Many Doctors Receive Little to No Nutrition Education in Med School
An exhortation for doctors to get more nutrition education so they can advise patients on diet. But is that as simple as it seems?
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