A clear eyed and therefore not cheery look at where President Biden is set to take the US.
Sunday, November 16, 2025
What Can Sanders Do as Budget Chair? – Rob Johnson
Sanders is about to have considerable influence on spending priorities. Where and how does he have leverage?
2:00PM Water Cooler 1/21/2021
~ Today’s Water Cooler ~ More on the inaugural ~
Rise of the Superstar Firms: Taking Oligopoly Seriously in Macroeconomics
Quelle surprise! Only now that EU and US officials are up in arms about monopolies are macroeconomics pros taking it seriously.
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 […]
