Why it’s socialists’ fault that that big ship is stuck in the Suez.
Recent Items
Saturday, December 27, 2025
Utopian Socialism Brings About Toilet Paper Shortages Maybe In The Near Future, or A Short Ideological History of the Suez Canal
Topics: Doomsday scenarios, Energy markets, Free markets and their discontents, Guest Post, Middle East, Social values, The dismal science
Posted by Yves Smith at 4:36 am | 53 Comments »
2:00PM Water Cooler 3/26/2021
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 146 Comments »
Incomplete and Indecisive USPS Board Flounders and Awaits Direction
Despite Biden moving to fill open USPS board seats, don’t get your hopes up.
Topics: Banana republic, Free markets and their discontents, Globalization, Income disparity, Politics, Privatization, Social policy, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 22 Comments »
Links 3/26/2021
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 129 Comments »
Ships, Chips, and IPs: The High Costs of Tight Coupling
Tight coupling explains how innocent bystanders wind up suffering under neoliberal regimes: unwillingness to incur costs to increase safety.
Topics: Guest Post
Posted by Yves Smith at 6:54 am | 20 Comments »
Why Won’t Doctors Take Cash?
Are my weird run-ins with doctors over “self pay” just anomalies or are they symptoms of other changes in business practices?
Topics: Banana republic, Free markets and their discontents, Health care, Ridiculously obvious scams
Posted by Yves Smith at 6:53 am | 92 Comments »
U.S. Joins “Rules-Based World” on Afghanistan
Why the US appears to be retreating from the idea it can remake the world to its own liking, at least in Afghanistan.
Topics: Banana republic, Globalization, Guest Post, Middle East, Politics
Posted by Yves Smith at 5:49 am | 18 Comments »
2:00PM Water Cooler 3/25/2021
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 111 Comments »
CalPERS Shoots Itself in the Foot: Undermines Its Position in Insolent Letter Demanding JJ Jelincic Drop His Case Against Secrecy Abuses
Not only is CalPERS in a poor position in defending against a suit by former board member JJ Jelincic, but its attorney isn’t helping.
Topics: Banana republic, CalPERS, Investment management, Legal, Media watch
Posted by Yves Smith at 10:18 am | 15 Comments »
Links 3/25/2021
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 218 Comments »
Sick Unicorns: America’s Broken Start-Up System
Unicorn startups are even more unprofitable than those that did not achieve unicorn status.
Topics: Dubious statistics, Economic fundamentals, Guest Post, Investment management, Private equity, Ridiculously obvious scams, Technology and innovation
Posted by Yves Smith at 6:49 am | 36 Comments »
Rising Temperatures, Melting Ratings
Taking a stab at how global warming will affect bond ratings in the intermediate and long term.
Topics: Credit markets, Doomsday scenarios, Economic fundamentals, Environment, Global warming, Guest Post, Investment outlook
Posted by Yves Smith at 6:35 am | 10 Comments »
Revealed: Doctors Worldwide Offer ‘Dangerous’ Treatment to ‘Reverse’ Abortions
Health experts call regulators to bar controversial anti-abortion method touted by US Christian right activists.
Topics: Guest Post, Health care, Politics, Ridiculously obvious scams
Posted by Yves Smith at 6:20 am | 3 Comments »
2:00PM Water Cooler 3/24/2021
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 97 Comments »
Democrats Continue to Prop Up High Cost Medical System by Buying Health Insurance
Pouring more money into America’s inefficient and badly performing medical system.
Topics: Banana republic, Guest Post, Health care, Politics, Regulations and regulators
Posted by Yves Smith at 9:55 am | 55 Comments »


