Quelle surprise! Only now that EU and US officials are up in arms about monopolies are macroeconomics pros taking it seriously.
Wednesday, September 17, 2025
Blockbuster Lawsuit Targets Deutsche Bank Executives and Supervisors for Epic Abuses, Value Destruction
An important suit taking aim at the extensive misconduct of Deutsche Bank executives and board members is grinding its way through court.
Ins and Outs of Congressional Review Act and Climate Change Rules
The Biden administration could use the Congressional Review Act to reverse Trump rulemaking. But it’s easier said than done.
How Capitalism’s Dogged Defenders and Propagandists Shield It From Criticism
Richard Wolff takes on pro-capitalism propaganda.
2:00PM Water Cooler 1/20/2021
~ Today’s Water Cooler, featuring the Biden inaugural ~
Central Bank Machinations with No Exit: ECB Leaks New Thingy, It’s Doing Yield Spread Control
Not your grandmother’s “yield curve control.” Only one thing that could force this ECB absurdity to end: a big bout of inflation.
The CDC’s Mission Impossible
Sadly, the CDC’s new head does not look up to turning around the agency, even before getting to bizarre plans to expand its mission.
Wikipedia: The Overlooked Monopoly
Low-quality anonymous “editors” combined with a Google tie-up turned an interesting experiment into an overlooked but destructive monopoly.
The American Rescue Act: Do Whatever It Takes
The economy is likely to be crippled for months and fiscal rescue on a large scale, once again, is very much necessary.
2:00PM Water Cooler 1/19/2021
By Lambert Strether of Corrente. Bird Song of the Day Sadly, the state bird of Delaware, the Blue Hen, is not a distinct species. #COVID19 At reader request, I’ve added this daily chart from 91-DIVOC. The data is the Johns Hopkins CSSE data. Here is the site. I feel I’m engaging in a macabre form […]
“They Left Us Starving”: How the Fashion Industry Abandoned Its Workers
Yves here. Many associate sweatshops in Sri Lanka and Bangladesh with “fast fashion,” aka the close-to-disposable frocks made by the likes of H&M. As this article explains, the use of ultra-cheap labor extends much further up the fashion food food chain. And these poorly-paid workers get thrown to the curb when orders fall off. By […]
Perhaps It’s Time to Start Worrying About Italy Again
The causes for concern surrounding Italy are growing, even as the ECB keeps a tight lid on its bond yields, pushing its debt servicing costs lower as its debt explodes higher.
