Friday, October 4, 2024

Coronavirus: Panic Starting

The rapid spread of coronavirus in Italy has finally focused Mr. Market’s mind, as well as that of officials in Europe.

Andrew Bacevich: Pseudo-Events as a New Normal

Are pseudo-events the bread and circuses of the Information Age?

Links 2/23/2020

Legacy Admissions: Johns Hopkins Drops Preferences, Other Institutions Consider Changes

Johns Hopkins announces it’s eliminated legacy admissions, sparking a wider debate. Will other institutions follow?

Wolf Richter: Subprime Credit Card Delinquencies Spike to Record High, Past Financial-Crisis Peak, as Other Consumers Relish the Good Times. Why?

The concern is not for banks or investors in subprime-credit-card backed securities. But what does this bifurcation tell us about consumers?

Links 2/22/2020

Taxcast: Financial Secrecy Index: Who Are the World’s Worst Offenders?

Taxcast – the Tax Justice Network’s monthly podcast: 30 minutes of unmissable corruption, scandal and analysis you won’t hear anywhere else.

Freedom from Fossil Fuels is Good for Your Health

Ending our reliance on fossil fuels is not only good for the planet and future generations. It also saves lives here and now, not just in the far future.

2:00PM Water Cooler 2/21/2020

By Lambert Strether of Corrente. Politics “But what is government itself, but the greatest of all reflections on human nature?” –James Madison, Federalist 51 “They had one weapon left and both knew it: treachery.” –Frank Herbert, Dune Key dates coming fast now, so I added some counters: Here is a second counter for the Nevada […]

How To Roast the Planet with Good Intentions: The Climate Equity Act

A new bill illustrates how not to tackle climate change.

Links 2/21/2020

Private Equity’s War to Preserve Surprise Billing

Sadly, private equity has beaten back legislation to curb surprise biling.

Coronavirus: Go Forth and Multiply

An ugly take on the coronavirus.

Why No Retired Generals Oppose America’s Forever Wars

How generals promote top-level groupthink.

2:00PM Water Cooler 2/20/2020

Today’s Water Cooler: SC and FL polling, Bloomberg, Sanders, Warren, NV, debate hot takes, impeachment, AOC, employment, leading indicators, manufacturing, virtual meetings, fecal matter in TX and NC, Medicaid, economic statistics, homelessness, Internet of Sh*t