Author Archives: Yves Smith
Globalization and Executive Compensation
One way globalization has increased inequality: via executive pay.
Read more...No, Record Jobs Openings in JOLTS Do Not Mean That Everything Is Teh Awesome!
A look at the latest not-as-rosy-as-it-seems jobs data release.
Read more...Exit Polls Show Voters Rejecting May’s Mean-Spirited Message, Tories to Lose Majority (Updated)
UK election polls show Theresa May’s election gamble blew up on her.
Read more...Could Direct Primary Care Be a Key Part in Solving America’s Health Care Crisis?
By cutting out the insurance middleman and ending pay for procedure, direct primary care saves costs and produces happier doctors and patients
Read more...EU Competition Commissioner Vestager Targets Unaccountable Facebook Algos as Threat at Launch of New “Pro-Democracy” Movement
Facebook is finally getting some long overdue, serious pushback.
Read more...JP Morgan Slashes Its 2018 Oil Price Forecast By $11
After some optimism about oil prices, an unexpectedly high EIA inventory report plus “no end in sight” in shale v. OPEC has analysts rattled.
Read more...Final UK Election Polls: YouGov Still the Outlier, Predicts Tories Get Only 302 Seats
Conventional wisdoms still pegs the Tories as comfortable winners in today’s election, with the election map working against Labour.
Read more...For ‘Easy Brexit’: May’s ‘No Deal’ Campaign Rhetoric Is Nonsense
If May holds on to her Prime Minister job, her irresponsible Brexit campaign talk may come back to haunt her.
Read more...Trump Using Failed Australian “Asset Recycling” to Justify Mass Privatizations
Why would Trump adopt a foreign model for infrastructure that even conservatives deemed a failure? Apparently for the looting.
Read more...Slugging It Out With a New Contender in the GMOs Debate
One of the big benefits claimed for GMOs may be false.
Read more...Republican Senators at Odds Over Medicaid in Obamacare Reform Push
Obamacare reform hits yet another roadblock.
Read more...Announcing Meetups for Dallas and Los Angeles
Announcing more meetups!
Read more...Measuring the Impact of Immigration on Wages: The Mariel Boatlift Controversy
125,000 mainly low-skill Cuban immigrants arrived in Miami in 1980. Economists are still debating whether they lowered local wages.
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