More evidence that the current level of advanced economy secondary market trading is bad for economic health.
Recent Items
Friday, September 19, 2025
The Irrationality of Markets
Topics: Banking industry, Credit markets, Dubious statistics, Economic fundamentals, Federal Reserve, Free markets and their discontents, Guest Post, Income disparity, Investment management, Politics, Regulations and regulators, The dismal science
Posted by Yves Smith at 6:10 am | 11 Comments »
Department of Pre-Crime, TSA Edition
The TSA is now harassing mere pretty mild political dissenters via intrusive bag checks and deploying heavy-duty surveillance teams
Topics: Guest Post
Posted by Yves Smith at 6:00 am | 55 Comments »
Eight Reasons Mask Bans Are Beyond Stupid
Eight talking points on mask bans.
Topics: Guest Post, Pandemic
Posted by Lambert Strether at 4:25 pm | 17 Comments »
2:00PM Water Cooler 8/8/2024
~ Today’s Water Cooler: Open Thread ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 77 Comments »
Book Review: You Talking to Me? How Human Language Evolved
Prehistory professor Steven Mithen’s “The Language Puzzle” explores the mysteries of when and how we began to speak.
Topics: Curiousities, Guest Post, Science and the scientific method
Posted by Lambert Strether at 9:55 am | 25 Comments »
Links 8/8/2024
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 166 Comments »
Satyajit Das: The Middle East’s A Dance of Death – Part 3: Spillover
Why the prospects for containing, much the less resolving, the escalating Middle East conflict, are poor.
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Guest Post, Middle East, Politics
Posted by Yves Smith at 5:38 am | 32 Comments »
World-Ending Maneuvers? Inside the Nuclear-Weapons Lobby Today
Even if the looming Israel-Iran conflict does not produce a regional war or worse, the ICBM lobby poses another huge risk to collective safety
Topics: Doomsday scenarios, Guest Post, Middle East, Politics, Russia
Posted by Yves Smith at 1:50 am | 15 Comments »
2:00PM Water Cooler 8/7/2024
~ Today’s Water Cooler: Politics, pandemics; irrational exuberance among the Democrats; introducing Walz; Boeing’s Starliner debacle ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 111 Comments »
Links 8/7/2024
Topics: Links
Posted by Yves Smith at 6:55 am | 166 Comments »
Democrats’ VP Choice Tim Walz Has a History of Working on the Side of Monied Interests Against Workers
Walz’s folksy persona helps mask standard neoliberal positions, and Minnesota workers paid the price.
Topics: Guest Post, Health care, Media watch, Politics, Social policy, Social values
Posted by Conor Gallagher at 6:00 am | 76 Comments »
Electric Vehicle Revolution Stalls, Leaving Metal Markets in Limbo
Another sober take on near and perhaps intermediate-term electric vehicle prospects.
Topics: Auto industry, China, Commodities, Environment, Global warming, Globalization, Politics, Regulations and regulators, Technology and innovation
Posted by Yves Smith at 5:33 am | 46 Comments »
Satyajit Das: The Middle East’s Dance of Death – Part 2: Fallout
Satyajit Das, continuing his series on the contemporary Middle East, focuses on the Al Aqsa Flood attack and Israel’s response.
Topics: Doomsday scenarios, Guest Post, Middle East, Politics
Posted by Yves Smith at 5:00 am | 39 Comments »
What’s Wrong and Right with Project 2025
Why the Project 2025 dog’s breakfast of proposals bears watching.
Topics: Guest Post, Income disparity, Politics, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 1:02 am | 18 Comments »
2:00PM Water Cooler 8/6/2024
~ Today’s Water Cooler: Politics, syndemics; best Olympic story; Walz is Kamala’s VP choice; Climate tipping points unpredictable; Andy Warhol’s lost Amiga Art ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 114 Comments »