Recent Items
Wednesday, October 2, 2024
Links 12/5/19
Topics: Links
Posted by Yves Smith at 6:55 am | 254 Comments »
Questioning Innovation
Why innovation isn’t necessarily a good thing.
Topics: Income disparity, Social policy, Social values, Technology and innovation, The destruction of the middle class, The dismal science
Posted by Yves Smith at 6:34 am | 92 Comments »
Tucker Carlson Tears into Vulture Capitalist Paul Singer for Strip Mining American Towns
Tucker Carlson takes on the feared vulture capitalist Paul Singer as an examplar of how hedge funds are destroying American communities.
Topics: Free markets and their discontents, Hedge funds, Income disparity, Media watch, Politics, The destruction of the middle class
Posted by Yves Smith at 4:44 am | 99 Comments »
The Debt Delusion
A short take on John Week’s new book, The Debt Delusion, and why it matters.
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Macroeconomic policy, Politics, Social policy, The destruction of the middle class, The dismal science
Posted by Yves Smith at 1:24 am | 65 Comments »
2:00PM Water Cooler 12/4/2019
Today’s Water Cooler: Impeachment v. trade bill, France v. US, US v. China, Biden, Buttigieg, Sanders, Warren, Jewish-Americans, Stacey Abrams, employment, manufacturing, services, shipping, potatoes, another IoT debacle, P4HCAF, prison staffing, slavery, the connectome, the Dead
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 259 Comments »
CalPERS Still Owns Toxic National Enquirer Via Hedge Fund Chatham; CEO Marcie Frost Falsely Says It Was Sold; Columbia Journalism Review Depicts Pending Sale as a Sham
CalPERS is trying to pretend it is done with the National Enquirer. A pending sale would still have CalPERS subsidizing the Enquirer’s costs.
Topics: Banana republic, CalPERS, Hedge funds, Media watch, Politics, Private equity
Posted by Yves Smith at 10:15 am | 10 Comments »
Links 12/4/19
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 216 Comments »
Why the UK Needs a Financial Transaction Tax
Claims that a financial transaction tax would be difficult to implement and raise little revenue are fake news.
Topics: Banking industry, Credit markets, Derivatives, Free markets and their discontents, Guest Post, Politics, Taxes, The dismal science
Posted by Yves Smith at 4:34 am | 13 Comments »
Opening of Formerly Secret FDA Database Exposes Medical Device Failures, Spurring Lawsuits
The FDA kept a database of medical device malfunctions secret for decades.
Topics: Banana republic, Dubious statistics, Guest Post, Health care, Regulations and regulators
Posted by Yves Smith at 4:16 am | 16 Comments »
Wealthy Countries’ Approach to Climate Change Condemns Hundreds of Millions of People to Suffer
Emerging economies want large scale subsidies from their richer brethren to pay for them to move to green energy sources.
Topics: China, Doomsday scenarios, Environment, Global warming, Globalization, Guest Post, Income disparity, Politics
Posted by Yves Smith at 3:43 am | 46 Comments »
2:00PM Water Cooler 12/3/2019
Today’s Water Cooler: Moar trade tension, Bloomberg, Buttigieg, Harris drops out, Sanders,Trump, Warren, shale, Amazon, railroads, shipbuilding, Uber, Tesla, recession watch, climate and financial disclosure, climate negotiation jargon, Twitch, consent, Nancy, model towns
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 178 Comments »
J.D Alt: The People’s Money (Part 4)
Why a Green New Deal looks like it will create a money, as in spending, as in inflation problem. Rest assured, there is an answer….
Topics: Doomsday scenarios, Economic fundamentals, Environment, Global warming, Guest Post, Macroeconomic policy
Posted by Yves Smith at 9:55 am | 17 Comments »
Links 12/3/19
Topics: Links
Posted by Yves Smith at 6:55 am | 210 Comments »
Private Equity’s Uninvested “Dry Powder” and Falling Returns Reflect a Bigger Problem: The End of a Long Term Disinflationary Tail Wind
The press is finally becoming skeptical of private equity’s claims that it generates superior returns, demonstrated by a Monday Wall Street Journal story, Private-Equity Cash Piles Up as Takeover Targets Get Pricier1 and a Bloomberg article yesterday, ‘Peak’ Private-Equity Fears Are Spreading Across Pension World. This follows a Mark Hulbert piece in MarketWatch, whose title […]
Topics: CalPERS, Dubious statistics, Investment management, Investment outlook, Private equity
Posted by Yves Smith at 6:54 am | 20 Comments »
An Introduction to the State of Energy Storage in the U.S.
A look at energy storage options in connection with wind and solar power is not entirely reassuring.
Topics: Doomsday scenarios, Energy markets, Environment, Global warming, Guest Post, Regulations and regulators, Technology and innovation
Posted by Yves Smith at 5:14 am | 80 Comments »