The American Opioid Epidemic
More discussion of the possible causes and implications of the opioid epidemic.
Read more...Author Archives: Yves Smith
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.
Read more...Links 3/26/17
Michael Hudson: Trump is Obama’s Legacy. Will this Break up the Democratic Party?
The Democratic Party will keep losing as long as it remains the party of “no hope or change” for the 95%.
Read more...Magnus: China Must Reform or Bust
China’s debt markets are looking more and more like the West, circa 2007. And it’s not clear the government can intervene as successfully.
Read more...Taxcast: Staggering Expense of Finance Sectors, Brexit
On Tax Justice Network’s Taxcast, Professor Gerald Epstein weighs in on the cost and dangers of major finance centers.
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