Thursday, December 11, 2025

Links 8/27/2020

Emergency Situation: The Slow-Moving Tragedy of the Russian Arctic

The Russian version of America’s flyover has it pretty bad: declining industries and environmental stress.

Another COVID Mystery: Patients Survive Ventilator, But Linger in a Coma

Another way Covid-19 can mess up people who survive the disease: protracted comas

CalPERS Board Member Theresa Taylor, Under Investigation for Multi-Year Failure to Report Income, Digs Her and CalPERS’ Hole Deeper Via Supporting Conflicted Actions Taken by Ex-Chief Investment Officer Meng

CalPERS’ Board Vice President Theresa Taylor shoots herself and CalPERS in the foot.

2:00PM Water Cooler 8/26/2020

Covid in the Midwest and regionally ~ Biden’s grief ~ Trump air war and swing states ~ Kanye West ~ Markey v. Kennedy ~ Coleman ~ Republican National Convention ~ Durable goods, two recessions, debt, Chrome debacle ~ Kenosha: Two dead ~ Executive superspreaders ~ That asteroid

How Do Banks Create Money?

A short primer on banks from a Modern Monetary Theory perspective.

Links 8/26/2020

Columbia Journalism Review Publishes Detailed Expose on Gates Foundation Buys Influence With Journalists

Why you should not trust the Gates Foundation.

Summer Rerun: Journey into a Libertarian Future: Part III – Regulation

Another dive, in both senses of the word, into the implications of libertarian ideology.

Robot Generals: Will They Make Better Decisions Than Humans – Or Worse?

The odd idea of replacing generals with AI is getting a hearing.

2:00PM Water Cooler 8/25/2020

~ Today’s Water Cooler ~

World Bank’s ‘Mobilizing Finance for Development’ Not Financing Development

The World Bank is trying to rebrand a failed public private partnership scheme as “blended finance”. Developing countries, beware.

Links 8/25/2020

The Wealth of Corporations: Why Firms Have Zero Net Worth, and Why It Matters

A theory of net worth and what that means for measurements of wealth.

Foreign Direct Investment and Supply Chains in a Risky World

More forecasts on the future of supply chains.