Author Archives: Yves Smith
Debate Over Health Care Yet Again Omits Elephants In the Room: Excessive Costs Due to Terrible Incentives and Pricing, Administrative Costs, Pharma Looting
Health care in America is broken and the press and pundits seem desperate to paper over how bad it is.
Read more...Does Immigration Boost Growth? A Look at Data From Around the World
Comparative data on immigration doesn’t support the tidy economists’ story that it good for growth…at least not recently.
Read more...The Destructive Power of Preemption: How Congress Can Use It to Bar State Action on Climate
How federal preemption of environmental rules can stymie the plans of California and other states to ignore Trump’s policies.
Read more...Reminder: Join Us at Our NYC Meetup This Evening!
If you are in the NYC metro area, be sure to come to our meetup tonight!. The more the merrier!
Read more...Philip Pilkington: To What Extent Is Economics an Ideology and to What Extent Is It a Useful Theory?
Why economics is more like phrenology than physics.
Read more...“Many Areas of Appalachia and Mississippi Delta Have Lower Life Expectancy Than Bangladesh”
Four Nobel Prize winners agree that rent-seeking is the biggest driver of rising inequality.
Read more...More Brexit Delusion: City Issues Wish List That the EU Already Rejected
When you’d thought the British had reached the limits of outlandishness on the Brexit front, they manage to outdo themselves.
Read more...How Tillerson Could Jeopardize Geopolitics In Iraq
Rex Tillerson’s deal with the Kurds when he was Exxon CEO undermined the US in Iraq. How would he square this circle if confirmed?
Read more...Lessons From the Demise of the TPP
Yves here. This post makes a point at the end in passing about the value of multilateralism, even though the TPP was otherwise a very bad scheme on multiple levels. This serves as a reminder to mention something I’ve neglected to say. Trump’s plan to enter into bi-lateral trade deals (after supposedly tearing up extant […]
Read more...Links 1/11/17
Calling Readers! Fight for Corruption-Busting SC Treasurer Curt Loftis As GOP Tries to End His Pension Oversight Role
Pension-corruption-fighter/state Treasurer Curt Loftis is under attack. Urge everyone you know in South Carolina to come to his defense.
Read more...Wolf Richter: What’s Going on with the Banks? Citi Cuts Goldman to “Sell,” after Goldman Cut Citi to “Neutral”
Citi and Goldman downgrades suggest the Trump trade may be overdone.
Read more...How ’60 Minutes’ Became a Pentagon Mouthpiece for Drone War
Drone warfare as an example of how the military uses overly-cozy news outlets to sell its pet initiatives.
Read more...Tom Ferguson: Monetary Policy Can’t Levitate a Broken Economy
How central banks’ policy remedies have taken big steps backwards.
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