Young people with pretty high incomes are sinking under debt.
Friday, October 4, 2024
CalPERS in Bed With Jeffrey Epstein Client and Co-Investor, Apollo’s Leon Black Even After Apollo Pay-to-Play Scandal Led to Conviction and Jail Term for Former CalPERS CEO
CalPERS is worried about being tainted by its association with Leon Black of Apollo. CalPERS should be a lot more worried about its wallet.
Why Consumers Aren’t Buying Electric Cars
Press and affluenza enthusiasm for electric vehicles is ahead of mass consumer appetite.
2:00PM Water Cooler 8/1/2019
Today’s Water Cooler: Biden, Gabbard, Harris, Sanders, Williamson, the debates, DSA, Obama Presidential Center, employment situation, manufacturing, construction, banking, Equifax settlement, petrochemical explosions, the ultra-rich, Jeffrey Epstein, Alaska budget, Alaska ferries, ANSI art
Climate Equity: What Is It?
Why the AOC-Kamala Harris climate equity scheme fails as climate and economic policy.
Private Equity: The Perps Behind Destructive Hospital Surprise Billing
How private equity ginned up yet another abuse.
Signs of Recession Are Hitting Europe—And Its New Central Bank President May Not Be Up for the Challenge
Europe, or more specifically the Eurozone, has a deficient bank regulatory framework which may be tested by economic weakness and wobbly banks. Having Christine Lagarde at the ECB’s helm is not likely to be a plus.
Live Blog: Democrat Presidential Primary Debate #4 in Detroit (Second Night)
Open thread on the debate.
2:00PM Water Cooler 7/31/2019
Today’s Water Cooler: Trump and WTO, Japan-Korea trade war, Biden, Delaney, Gabbard, Sanders, Warren, the debates and centrism, DSA members, employment situation, scooters, Boeing, Medicare for All, Detroit real estate, origin of capitalism, wealthy towns, daemons, the world’s worst website
Carbon Dividends: A Plan for Earth’s Survival that Can Survive U.S. Politics?
Yves here. Carbon dividends are a way to create support for setting a price for carbon. None other than those starry-eyed granola heads at Financial Times called for setting a price for carbon in 2007. Pigovian taxes (ones meant to discourage activity, like transactions taxes) should typically not be seen as revenue generators, since you […]
Financial Times Goes Wobbly on Brexit No Deal Impact
Is a flabby Financial Times story just a case of a piece not coming together, or is the pink paper pulling its punches on Brexit?
Restoring the Commons
On how revived commons can work in a modern economy.
Live Blog: Democrat Presidential Primary Debate #3 in Detroit (First Night)
Open thread on the debate.
