Looking at COVID-19 R0s.
Wednesday, July 2, 2025
CalPERS Legacy Assets: How Much in Overvaluation Has CalPERS Been Hiding?
CalPERS apparently needs to take a bath on its legacy assets.
Why You Should Stop Using or Cancel Your Citi Mastercard: Systematic Violation of Cardmember Chargeback Rights, Insistence on Using Fraud-Friendly Voiceprints
Citi is doing a number on its own and the Mastercard brand name with cringe-makingly inept and dishonest credit card operations.
2:00PM Water Cooler 3/12/2020
Today’s Water Cooler: Open thread.
When Safety Measures Lead to Riskier Behavior by More People
How safety measures can backfire.
After Bloody Day, Coronavirus Meltdown Continues. Big Danger: Italian and Eurobanks Are Set To Blow
So many coronavirus panics that a looming risk is getting little notice: implosion of Italy’s banks, a potential Credit Anstalt event.
Boeing Crashes: $43 Billion in Share Buybacks Turn into Existential Threat
Yves here. When we made grim prognostications about Boeing’s future, we were treated as nuts. By Wolf Richter, editor at Wolf Street. Originally published at Wolf Street Boeing’s shares [BA] came unglued, plunging 18.1% today, after having already plunged over the past four weeks. Since February 12, shares have crashed 46%, and since the peak […]
Harvard’s “Let Them Eat Veritas”: Richest University’s Poor Students Shafted as School Provides Spotty, Inadequate Help as It Throws Them Out of Dorms and Jobs
Harvard’s appalling response to coronavirus has thrown many low income student under the bus.
2:00PM Water Cooler 3/11/2020
Today’s Water Cooler: Man, I hate writing these summaries, and Google hates us, so they don’t help with hits anyhow. I should think of something else to do with this space that adds real value.
Who’s Responsible? How the “Independent Contractor” Dodge Guts Employment Protections
On establishing legal responsibility for employment in the fissured workplace.
Coronavirus: Three Vignettes
Three coronavirus snippets from around the world.
MMT is a Political Problem: Part 1
How should MMT proponents advance their views?
Coronavirus Reveals the Cracks in Globalization
Coronavirus risks a series of shortages that can be mitigated only by bringing some production back home.
