The inescapable dilemma facing social democracy
Recent Items
Saturday, July 12, 2025
The Economics and Politics of Social Democracy: A Reconsideration
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Politics, Social policy, Social values, The destruction of the middle class, The dismal science
Posted by Yves Smith at 6:02 am | 37 Comments »
Trump CFPB Appointees Use COVID-19 Crisis as Rationale to Weaken Consumer Protection
Trump appointees use the COVID-19 crisis to rollback consumer protections against financial predation put in place by the CFPB.
Topics: Banana republic, Guest Post, Legal, Pandemic, Politics, Regulations and regulators, The destruction of the middle class
Posted by Jerri-Lynn Scofield at 11:55 am | 11 Comments »
Links 5/17/2020
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 319 Comments »
Big Oil Taking $1.9 Billion in CARES Act Tax Breaks Aimed at Helping Small Businesses in ‘Stealth Bailout’: Report
$1.9 billion in CARES Act tax breaks intended to allow small businesses to keep people employed are instead being funnelled to fossil fuel executives.
Topics: Banana republic, Energy markets, Guest Post, Pandemic, Politics, Taxes
Posted by Jerri-Lynn Scofield at 5:55 am | 25 Comments »
Links 5/16/2020
Topics: Links
Posted by Yves Smith at 6:58 am | 283 Comments »
Because Culture Matters, There Is No One-Size-Fits-All Exit Strategy from Covid-19 Lockdowns
Quelle surprise! Local norms play a meaningful role in Covid-19 transmission, which has implications for how to end lockdowns.
Topics: Guest Post, Health care, Pandemic, Politics, Social policy, Social values
Posted by Yves Smith at 6:57 am | 25 Comments »
Coronavirus Dashboard: Updating the State Petri Dishes of Democracy
Parsing some US coronavirus data.
Topics: Doomsday scenarios, Dubious statistics, Guest Post, Health care, Pandemic
Posted by Yves Smith at 6:29 am | 41 Comments »
2:00PM Water Cooler 5/15/2020
Today’s Water Cooler:
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 150 Comments »
Contact Tracing Via Old Shoe-Leather Epidemiology While Spurning the Techno-Fix Fairy: How Hong Kong Quells COVID-19 Without Killing Civil Liberties
Countries jostle to surrender civil liberties to a techno-fix app to quell COVID-19, but should instead heed Hong Kong’s low-tech lesson.
Topics: Banana republic, China, Guest Post, Health care, Infrastructure, Pandemic, Surveillance state, Technology and innovation
Posted by Jerri-Lynn Scofield at 1:55 pm | 20 Comments »
Links 5/15/2020
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 102 Comments »
Wall Street’s Useful Idiot: Financial Times Shills for CLOs….as Fed Hasn’t Bailed Them Out
A major story on the CLOs chooses not to address the key questions.
Topics: Credit markets, Doomsday scenarios, Dubious statistics, Federal Reserve, Hedge funds, Investment management, Pandemic, Private equity, Risk and risk management
Posted by Yves Smith at 6:40 am | 26 Comments »
Reminder: When the Very Very Rich Are Done With Us, They Plan to Leave Us Behind
More evidence, as if you needed it, that the super rich are not your friends.
Topics: Banana republic, Doomsday scenarios, Free markets and their discontents, Guest Post, Income disparity, Pandemic
Posted by Yves Smith at 6:35 am | 138 Comments »
America’s Chilling Experiment in Human Sacrifice
The US is willing to practice human sacrifice, rather than explore a way of defining wealth outlined by 19th-century thinker John Ruskin.
Topics: Banana republic, Guest Post, Income disparity, Pandemic, Politics, The dismal science
Posted by Jerri-Lynn Scofield at 4:25 am | 42 Comments »
2:00PM Water Cooler 5/14/2020
Today’s Water Cooler:
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 163 Comments »
Reopening Isn’t Reopening—It’s Cutting Off Unemployment
In case you wondered why conservative states are all gung ho about reopening….
Topics: Banana republic, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Pandemic, Politics, Social policy, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 46 Comments »