Author Archives: Yves Smith
Brexit: May Bloodied but Not Yet Bowed
Theresa May continues to exhibit her remarkable capacity for taking punishment. Too bad it’s not for good ends.
Read more...Our New York Magazine Article: “Uber Is Headed for a Crash”
A clinical look at Uber’s economics and prospects.
Read more...U.S. Treasury Sanctions Bitcoin Wallets For First Time
The long arm of US law reaches into bitcoin wallets.
Read more...The Impact of Inheritance Taxes on the Labor Supply of Heirs
Inheritance tax cuts cost non-currency-issuing governments more than just the lost inheritance tax revenues.
Read more...Links 12/4/18
Brexit: Coming to a Head?
The latest take on the increasingly frantic Brexit state of play.
Read more...Michael Olenick: A Quick Look at the Gilets Jaunes Protests. Update: They Won!
An overview of the gilets jaunes movement.
Read more...How Did Public Land Drilling Rights Become Cheaper Than a Cup of Coffee?
A great public land giveaway is in process….and where has the press been?
Read more...Pathbreaking Fiduciary Duty Suit Against KKR/Prisma, Blackstone, PAAMCO, and Others to Proceed
An important fiduciary duty lawsuit against some of the biggest names in the hedge fund and private equity worlds is moving forward. If the plaintiffs win, it could change the balance of power between investors and fund managers.
Read more...Brexitonomics
A short discussion of why economists’ efforts to model the impact of Brexit leave a lot to be desired.
Read more...Links 12/1/18
Amazon Wins!!!
Tallying how much Amazon extracted from taxpayers with its second headquarters bake off.
Read more...Corbyn Isn’t Seizing the Moment – Because His Labour Party Simply Isn’t Radical Enough
From economic and climate policy, to Brexit and constitutional reform, Corbyn’s Labour doesn’t yet have the depth of ideas to capitalise on the government’s disarray.
Read more...New Research: Australia’s Immigration System Undercuts Workers
Drawing lessons from Australia’s immigration policies.
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