MIchael Hudson: The Democracy Collaborative
Michael Hudson gives new riffs on his regular themes: classical economics and its perversion by Hayek, rentier capitalism, debt jubilees.
Read more...Author Archives: Yves Smith
Why Is FTI Consulting Making It Look Like Apollo Overpaid Its Real Estate Execs $50 Million?
FTI Consulting appears awfully casual about how it handles confidential client information, and in the process has done Apollo no favors.
Read more...Trump Can’t Save Coal
Why Trump isn’t bringing coal jobs back.
Read more...The American Opioid Epidemic
More discussion of the possible causes and implications of the opioid epidemic.
Read more...Links 3/29/17
Wells Fargo Gets An Additional $110 Million Wrist Slap Over Fake Accounts Scandal
Wells will wind up paying far more in consumers via a private settlement of its fake account scandal than regulators made it cough up to them
Read more...CalPERS, CalSTRS, Other Investors Have Indemnified Private Equity Criminal Conduct Even Though Fiduciary Counsels Say No
CalPERS board member JJ Jelincic confirms yet another major lapse by private equity investors.
Read more...Bill Black: Kansas Legislature Slips Koch Noose, Authorizes Medicaid Expansion
The Kansas legislature bucks long-standing Republican orthodoxy and votes for Medicaid expansion. A harbinger or a one-off?
Read more...Immigrants and Innovation in US History
Economists have been trying to measure the impact immigrants have on economic activity, such as innovation.
Read more...How Monopolies Stymie Political Activism: The Case of Black-Owned Businesses
Black businessmen and political thinkers long recognized that monopolies threatened their communities and their ability to serve as activists,
Read more...Gaius Publius: Senate Democrats Will Filibuster Gorsuch…Maybe
Why are Democrats considering a Gorsuch deal? Maybe they can’t execute a filibuster due to too many Senators with big corporate backers.
Read more...Bill Black: Why Did Preet Bharara Refuse to Drain the Wall Street Swamp?
If you still doubt that Bharara and other federal prosecutors could have gone after bank executives but chose not to, this should settle it.
Read more...Chicago Meetup Follow-Up
The participants are the final judges, but I believe everyone who attended our first Chicago meetup had a good time. The venue turned out better than expected, in that the hotel gave us a quiet and very large room and as far as I could tell, was pretty good about turning around drinks orders. The […]
Read more...A More Equitable Economy Exists Right Next Door
Meet Quebec’s social economy.
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