Fearless commentary on finance, economics, politics and power

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 Alert reader dk (not to be confused with DK) is in the process of developing the following interactive […]

India will soon announce details of its single-use plastics ban; will it be seduced to courting the recycling fairy to address the waste management problems of other countries who don’t understand recycling isn’t a long-term sustainable option.

Interest rate derivatives trading spikes over last 3 years; the UK currently dominates. Will this continue post-Brexit?

Slouching towards Brexit.

A large scale study confirms that labour platforms, also known as crowdwork, are exploitative.

Pop-up Meetup in NYC with Michael Hudson and Jerri-Lynn tomorrow.

Study reports 30% drop in North American bird populations since 1970 – a loss of 3 billion birds.

This RNN interview reminds us that the fracking catastrophe didn’t originate under Trump: his predecessor rescinded the energy export ban.

Chimerica” is dead—even if Trump’s trade war ends in a draw.

How temp workers are a way to implement Jay Gould’s plan: “I can hire one half of the working class to kill the other half.”

Today’s Water Cooler:

Iran once again has to tell the West what it ought to have figured out by now.