The Only Crypto Story You Need? A Response to Matt Levine’s The Crypto Story
A wide-ranging discussion of why defenses of crypto don’t stand up to scrutiny.
Read more...Category Archives: Market inefficiencies
“Lehman Event” Looms For Europe As Energy Companies Face $1.5 Trillion in Margin Calls
Why energy price spikes are threatening the financial system. And any derivatives bailout will take prescedence over businesses and housholds.
Read more...Europe’s Economic Controlled Flight Into Terrain
More on Europe’s economic suicide.
Read more...Companies Are Paying Inflation Busting Dividends at Cost to the Rest of the Economy, Including Their Employees
How companies are paying dividends rather than investing in their business or paying employees better……and often borrow to do so.
Read more...Michael Hudson on Finance Capitalism’s Self-Destructive Nature
Michael Hudson rings the changes on a favorite theme: the differences between the financial capitalism and industrial capitalism systems
Read more...What Is Really Causing Our Inflation: “Inflation in a Time of Corona and War”
Finally! Evidence-based answers to the main (policy) questions concerning the return of high inflation.
Read more...What Blew Our Financial Bubble So Big?
Why it’s more fun and profitable to be in the bubble economy than the real one.
Read more...Mothers, Lock Up Your Sons So They Don’t Practice “Yield Farming” in Crypto
“You’re just like, well, I’m in the Ponzi business and it’s pretty good.”
Read more...Refurbished Walkers and Wheelchairs Fill Gaps Created by Supply Chain Problems
Yet more signs of commodity shortfalls: scarce walkers and other assistative devices, due to a shortage of aluminum
Read more...Climate Science and Financial Risk: Forging a Path to More Climate-Resilient Businesses
Is the search for better valuations of climate risks to help businesses reducing global emissions an exercise in self-delusion?
Read more...Senators Introduce Right to Repair Legislation
Senators introduce right to repair bill. Antitrust litigation will proceed regardless of whether federal or state legislation is enacted anytime soon.
Read more...Global Financial Risk Factors and Sovereign Risk
An increase in global financial risk causes a large and persistent widening of sovereign spreads, with the spillover effects especially pronounced for speculative-grade sovereign debt
Read more...Revealed: New Insight into What Really Drives the Stock Market
In How Novelty and Narratives Drive the Stock Market, economist Nicholas Mangee examines how stories influence stock market outcomes
Read more...How a Cooperative Run by the Formerly Incarcerated Is Reshaping Chicago’s Food Industry
In Chicago, the formerly incarcerated are prepping locally sourced meals for schools, nursing homes and transitional housing facilities.
Read more...Construction Costs Spike 17.5%, Worst Since at Least 1965. Inventories of New Houses Pile Up, Highest Since 2008. Median Price Dives as Mix Shifts
A rise of unfinished houses thanks to construction delays. Massive supply building up in the pipeline.
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