In her DNC speech, Kamala Harris embraced Republican language on the economy. So how deep does her purported progressivism run?
Recent Items
Monday, July 14, 2025
Kamala’s Failed Opportunity
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Health care, Income disparity, Infrastructure, Social policy, Social values, Taxes, The destruction of the middle class
Posted by Yves Smith at 6:54 am | 94 Comments »
Kennedy Suspends Campaign, Endorses Trump
Holy moley!
Topics: Politics
Posted by Lambert Strether at 3:24 pm | 295 Comments »
2:00PM Water Cooler 8/23/2024
~ Today’s Water Cooler: Politics, Syndemics; Kennedy live briefing at 2:00PM ET; This week’s RCP polling averages (neck and neck); New Covid charts (no improvements); The toll of scientific lies ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 53 Comments »
The Geography and Determinants of ‘New Work’ in the United States
The findings point to the role of local human capital as a key element both in generating ‘new work’ as well as in turning some shocks, such as trade and technological change, into ‘new work’.
Topics: Globalization, Technology and innovation, The destruction of the middle class
Posted by Lambert Strether at 9:55 am | 14 Comments »
Links 8/23/2024
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 162 Comments »
US & NATO Allies Are Considering Taking Over State-Owned Argentine Arms Manufacturer to Bolster Munitions for Ukraine
Desperate Times, Desperate Measures
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 14 Comments »
Gift Card Scams Generate Billions for Fraudsters and Industry as Regulators Fail to Protect Consumers − How One Fell into the ‘Fear Bubble’
Remarkable detail of how a gift card scammer successfully worked a mark, even with a bank and police trying to intervene.
Topics: Banking industry, Credit cards, Guest Post, Legal, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 5:36 am | 26 Comments »
2:00PM Water Cooler 8/22/2024
~ Today’s Water Cooler: Politics, syndemics; Shots fired, as Biden consigliere Anita Dunn lets loose on her way out; Coach, coach, coach! ; Trump steps outside the bulletproof glass to check on a fainting crowd member; On euphemisms. ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 119 Comments »
The Death of the Engineer CEO: Evidence that Short-Termism and Financialization Had Become Ascendant
A look at how some turning points in the history of Corporate America, such as CEO changes of guard, explain how America hollowed itself out.
Topics: CEO compensation, Corporate governance, Credit markets, Economic fundamentals, Free markets and their discontents, Investment outlook, Private equity, Ridiculously obvious scams, The destruction of the middle class
Posted by Yves Smith at 9:59 am | 36 Comments »
Links 8/22/2024
Topics: Links
Posted by Lambert Strether at 6:58 am | 131 Comments »
Patient Underwent One Surgery but Was Billed for Two. Even After Being Sued, She Refused To Pay
A patient stares down a fabricated surgery charge. But what does it say about the prevalence of billing fraud that this matter went to court?
Topics: Guest Post, Health care, Legal, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 6:49 am | 30 Comments »
The DNC Fiddles While the World Burns
The party convention demonstrates how dangerously disconnected the DNC is about our disastrous strategies in Ukraine and the Middle East.
Topics: Guest Post
Posted by Yves Smith at 2:00 am | 39 Comments »
Who Invented Syntax?
So how did language, and specifically syntax, develop?
Topics: Guest Post, Science and the scientific method
Posted by Yves Smith at 12:37 am | 29 Comments »
2:00PM Water Cooler 8/21/2024
~ Today’s Water Cooler: Politics, pandemics; Democrat National Convention vignettes ; Sabato moves North Carolina to toss-up from Republican; new Boeing 777X and 787debacles; Covid, anosmia, and loss of executive function ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 92 Comments »
“No One Has a Right to Limited Liability”
Limited liability has come to cover for not just incompetent but also criminal conduct. But what to do?
Topics: CEO compensation, Corporate governance, Guest Post, Legal, Social policy
Posted by Yves Smith at 9:55 am | 21 Comments »