Saturday, August 24, 2024

Links 9/20/19

The Fed Has Not Covered Itself in Glory: Fed Funds Mess Edition

Why the Fed should be embarrassed.

CalPERS Short-Changed by CIM in Pay-to-Play/Bribery Scandal; Looks Like Apollo Stiffed CalPERS Too

How CalPERS was cheated by conniving fund managers, as is pervasive among private equity investors.

Why Degrowth Is the Only Responsible Way Forward

Why degrowth is necessary and potentially attractive.

2:00PM Water Cooler 9/19/2019

Today’s Water Cooler: Biden, Buttigieg, Sanders, Trump, Warren, “the party decides,” Clinton on 2016, Kavanaugh, jobless claims, home sales, leading indicators, current accounts, rail traffic, CSX, FedEx, independent bookstores, malls, crystals, sex robots, ocean plastic, alt-meat in the Third World, GM strike, influencers, the first female tourist

New Evidence on the Consequences of Gentrification for Children

Contrary to widespread beliefs, gentrification does not appear to harm children. But that may be because it operates differenlty than most assume.

Links 9/19/19

The Financial Times’ Martin Wolf Discovers that Rentier Capitalism and Financialization Increase Inequality and Hurt Growth

Martin Wolf has a big think about what is wrong in and discovers rentier activity.

Urgent Culture For A Foot-Dragging Congress

A climate change museum tour for Congress.

Two Entrepreneurs Explain Why the Health Insurance Industry Is a Direct Threat to Middle-Class Life

Quelle surprise! Businessmen would rather pay their workers than health care rent extractors.

Two Horrid Wall Street Journal Stories Show What a Malefactor Amazon Has Become

The Wall Street Journal reports ghastly stories about product safety from third party sellers at Amazon, and the ugly office politics of software development

What is the Theory of Change in Naomi Klein’s “On Fire: The Burning Case for a Green New Deal”?

Why is there no Green New Deal already? And what should we do to get one?

2:00PM Water Cooler 9/18/2019

Today’s Water Cooler: open thread.

Another School Leadership Disaster: Private Companies Work an Insider Game to Reap Lucrative Contracts

Firms that help place handpicked candidates in school leadership positions use those connections to sell other products and services.

Links 9/18/19