Author Archives: Yves Smith
Interview: Teaching Graham Elwood Modern Money, and How the Progressive Media Gets It Wrong
A case study in teaching modern money to a progressive who unknowingly has swallowed neoliberal economic ideas.
Read more...Why Don’t Americans Take More Vacations? Blame It on Independence Day
How businesses created Americanization Day, later Independence Day, to counter the rising labor movement.
Read more...Meetups Coming Soon! Friday July 6 in Chicago, Sunday July 8 in Green Bay
Reminders and details for coming meetups. See you soon!
Read more...Links 7/3/18
Anthony Kennedy and Our Delayed Constitutional Crisis
The role Justice Anthony Kennedy played in the deteriorating legitimacy of the Supreme Court.
Read more...Richard Murphy: Stock Markets Look Ever More Like Ponzi Schemes
Why is it entirely sensible to regard stock markets as Ponzi schemes.
Read more...Holiday Schedule
We are taking a sort of holiday, um, staycation, um breather. Hope you get to take a break too!
Read more...EU Calls Trump’s Bluff on Auto Tariffs as Trump Tries Dead on Arrival WTO Exit Plan
The EU is neither happy with nor cowed by Trump’s latest trade threat.
Read more...Women (and Men) of the World, Unite! How to Stand Up to Extremist Orthodox Jews Who Demand You Give Up Your Airline Seat
In the last week, there have been two incidents of women relenting to pressure from airlines to give up their seats to accommodate Orthodox Jewish bigots who refused to be seated next to them. This should be as unacceptable as Klansmen asking blacks to change seats. And let us stress that the ugliest feature of […]
Read more...Links 6/30/18
China’s Strategic Investments in Europe: The Case of Maritime Ports
The EU is rethinking its policies on foreign direct investment. Recent Chinese investment into ports may impact the final rules.
Read more...The Evisceration of Storytelling
Is storytelling really a magical elixir for social change?
Read more...Firms’ Global Market Power and Its Implications, Such as Lower Income Share to Workers
An attempt to look at the effects of the existence of international companies with market powers shows there are reasons to be concerned.
Read more...Bank, Corporate Brexodus Begins as “No-Deal” Brexit Looms
Awfully late in the game, various players are facing up to the fact that Brexit may really happen, and it could well be the ugliest version.
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