Ruminations on the nature of work and employment.
Recent Items
Sunday, July 6, 2025
Why Does Essential Work Pay So Little… And Cost So Much?
Topics: Economic fundamentals, Guest Post, Income disparity, Social values, The destruction of the middle class
Posted by Yves Smith at 12:15 am | 20 Comments »
2:00PM Water Cooler 7/23/2020
New and improved COVID chart ~ Biden’s promises rich donors no new legislation ~ Biden’s empathy ~ Karen Bass in Biden veepstakes ~ Sanders on task forces ~ Glen Ford on fascism ~ Unemployment, manfacturing ~ Climate migration ~ Breonna Taylor ~ Sid the Kitten ~ Taibbi bingo
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 108 Comments »
Indian Farmers Are Staring at Suicide as Modi Government Looks the Other Way
An account from India on farmer suicide and why many could have been prevented.
Topics: Doomsday scenarios, Economic fundamentals, Free markets and their discontents, Guest Post, India, Pandemic, Politics, Social policy
Posted by Yves Smith at 9:55 am | 10 Comments »
Links 7/23/2020
Topics: Links
Posted by Yves Smith at 6:55 am | 249 Comments »
Pathbreaking Public Pension Case Mayberry v. KKR Is Back From the Dead as Kentucky Attorney General Joins Case
The unexpected resurrection of the pathbreaking pension lawsuit Mayberry v. KKR is a welcome but politically extremely puzzling development.
Topics: Banana republic, Hedge funds, Investment management, Legal, Politics, Ridiculously obvious scams
Posted by Yves Smith at 6:54 am | 22 Comments »
Are American Colleges and Universities the Next Covid Casualties?
Colleges and universities need to be saved, not only from financial ruin, but also, all too often, from themselves.
Topics: Doomsday scenarios, Guest Post, Income disparity, Social policy, Student loans, The destruction of the middle class
Posted by Yves Smith at 5:03 am | 62 Comments »
Marketing Is the Original Behavioral Economics
Showing that behavioral economics is just marketing wine in new bottles.
Topics: Guest Post, Ridiculously obvious scams, The dismal science
Posted by Yves Smith at 4:42 am | 27 Comments »
2:00PM Water Cooler 7/22/2020
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 144 Comments »
How Mitch McConnell’s Hostility to the Unemployment Supplement Puts Ordinary Americans’ Welfare at Risk
Republicans intend to shoot themselves and the economy in the head out of ideological rigidity by killing the unemployment supplement.
Topics: Banana republic, Doomsday scenarios, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Macroeconomic policy, Pandemic, Politics, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 53 Comments »
Links 7/22/2020
Topics: Links
Posted by Lambert Strether at 6:55 am | 188 Comments »
Ohio House Speaker Arrested in Alleged $60 Million Racketeering, Bribery, Money Laundering Scheme; A Window Into Politics in America
Ohio’s biggest political corruption case is a doozy, with riveting racketeering charges and lots of dirty tricks.
Topics: Banana republic, Energy markets, Legal, Politics, Ridiculously obvious scams
Posted by Yves Smith at 6:45 am | 47 Comments »
Boeing 737 Max Ungrounding Pushed Back Again; WSJ Sources Say Early 2021
Moar bad news for the 737 Max.
Topics: Legal, Media watch, Politics, Regulations and regulators, Ridiculously obvious scams, Technology and innovation
Posted by Yves Smith at 6:40 am | 20 Comments »
Random Testing in Indiana Shows COVID-19 is 6 Times Deadlier Than Flu, and 2.8% of the State Has Been Infected
Sobering data from the first random statewide Covid-19 survey.
Topics: Doomsday scenarios, Dubious statistics, Guest Post, Health care, Payment system, Science and the scientific method
Posted by Yves Smith at 6:39 am | 36 Comments »
2:00PM Water Cooler 7/21/2020
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 155 Comments »
Recovery of Collapsed Airline Traffic in the US Backtracks
Traffiic data confirmed warnings by United and Delta of re-declining ticket sales, seinding airline shares down 3.7% intraday.
Topics: Doomsday scenarios, Economic fundamentals, Guest Post, Pandemic
Posted by Yves Smith at 9:55 am | 29 Comments »