A big reason Modern Monetary Theory elicits pushback is that it threatens power relations, specifically, the perceived primacy of financiers.
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Saturday, October 18, 2025
Why is Modern Monetary Theory So Important?
Topics: Currencies, Free markets and their discontents, Guest Post, Macroeconomic policy, Politics, Social policy, The dismal science
Posted by Yves Smith at 2:29 am | 59 Comments »
2:00PM Water Cooler 9/17/2024
~ Today’s Water Cooler: Politics, syndemics; Boeing strike news (thickheaded management digs deeper); Trump assassination roundup, now with stochastic terrorism; The new kitten ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 85 Comments »
Local Decline and Populism
Would prettying up small city high streets in decline ward off dreaded right wing populism?
Topics: Economic fundamentals, Guest Post, Income disparity, Politics, The destruction of the middle class
Posted by Yves Smith at 9:58 am | 31 Comments »
Conor Gallagher: Naked Capitalism – The Story Behind the Story
Naked Capitalism answers the why — a practice that has fallen off at mainstream and independent news sites and is needed now more than ever.
Topics: Guest Post, Notices
Posted by Conor Gallagher at 9:30 am | 5 Comments »
Links 9/17/2024
Topics: Links
Posted by Yves Smith at 6:59 am | 152 Comments »
Google Wallet Unveils Plans to Develop a New Digital ID System By Digitising US Passports
“People are increasingly looking for ways to digitize everyday items — with one of the top requests being a digital ID.”
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 16 Comments »
What Does ‘Recyclable’ Really Mean?
A trade group is lobbying to redefine recyclable, pressuring regulators to make plastic appear more environmentally friendly.
Topics: Environment, Guest Post, Politics, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 5:55 am | 24 Comments »
Can the UN Save Palestine from US-Israeli Genocide?
The UN General Assembly can sanction Israel for violating the ICJ ruling to expel settlers from the West Bank and Jerusalem. What then?
Topics: Doomsday scenarios, Guest Post, Links, Middle East, Politics
Posted by Yves Smith at 2:43 am | 21 Comments »
2:00PM Water Cooler 9/16/2024
~ Today’s Water Cooler: Politics, syndemics; Kamala’s latest promotion: ice cream. Needs a better name, though; Stein on the ballot in Georgia; Boeing takes cash flow measures, butchers messaging; Naming waypoints in the air! ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 53 Comments »
On the Second Trump Assassination Attempt: What We Know So Far
Taking another shot.
Topics: Guest Post, Politics
Posted by Lambert Strether at 10:55 am | 160 Comments »
Vicky Cookies: Naked Capitalism – One of the Few Worthwhile Things
Naked Capitalism is a welcome alternative to the often dystopian mainstream media as well as an aid to people’s movements everywhere.
Topics: Guest Post, Notices
Posted by Yves Smith at 9:35 am | 8 Comments »
Links 9/16/2024
Topics: Links
Posted by Conor Gallagher at 6:55 am | 107 Comments »
Boeing Faces Cash Crunch and Ratings Downgrade as Machinists Union Goes on Strike
Boeing is in a staredown with its machinists’ union over pay and other issues. With downgrade possible, what are the odds of a bailout?
Topics: Free markets and their discontents, Income disparity, Social values, The destruction of the middle class
Posted by Yves Smith at 6:52 am | 23 Comments »
Revolutionize Global Water Access
How solar-powered water pumps could alleviate shortages of potable water, particularly in poor parts of the world.
Topics: Africa, Energy markets, Environment, Guest Post, Income disparity
Posted by Yves Smith at 5:38 am | 16 Comments »
Hooray! Met Our Sixth Goal, On to Our Seventh: More Original Reporting
Naked Capitalism is on to its biggest and sexiest target, more original reporting. Give generously so we can make even more trouble!
Topics: Notices
Posted by Yves Smith at 5:15 am | 1 Comment »