A post-mortem of a leveraged loan bust: private equity wins, too bad for everyone holding the bag.
Friday, November 8, 2024
Why Are Billionaires Like Jeff Bezos So Interested in Space?
There are good reasons to be leery of billionaires colonizing a public sector activity like space exploration.
Agroecology as Innovation
A UN report on agroecology finds that many farming methods pooh-poohed as traditional offer significant advantages over industrial farming.
Banks Again Hoist on Their Cost-Cutting Petard: Burgeoning Credit Card Fraud
Credit card companies are paying for their stinginess via being exposed to rapidly rising levels of fraud.
2:00PM Water Cooler 7/17/2019
Today’s Water Cooler: Castro, Gabbard, Sanders, Warren, IA, PA, fundraising, immigration numbers, AOC v. Pelosi, housing, Prime Day, social media and depression, EU GND, Christians and climate change, weaponized ticks?, Magic: The Gathering includes a Turing Machine (!), free trade, Elon Mush brain mods
As Flood Risks Rise Across the US, It’s Time to Recognize the Limits of Levees
How levees become counterproductive as flood severity increases.
CalPERS’ Long-Term Care Policy Train Wreck – Is Bankruptcy the End Game?
CalPERS’ long-term care policy mess is even worse than industry norms, which is saying quite a lot.
The Numbers Are In, and Trump’s Tax Cuts Are a Bust
Why Trump’s tax “reforms” didn’t deliver on growth, just on rentierism.
The ‘New Right’ Is Not a Reaction to Neoliberalism, but Its Offspring
Why the success of the far right shows that neoliberalism is very much alive and well.
2:00PM Water Cooler 7/16/2019
Today’s Water Cooler: Castro, Harris, O’Rourke, Steyer, Warren, Democrat debates, AOC v. Pelosi, Koch Brothers, Case-Deaton, industrial production and retail sales both strong, central bankers want fiscal assistance, Amazon, Tesla, Google, Uber, fossil fuels, carbon tracker, Eric Garner, oppression
Waste Watch: Why Do We Discard So Many Edible Fish We Pull From the Sea?
New House of Lords report laments failure to slow discarding edible fish back into the sea; Australia also tosses much of its catch.
Taxes for Revenue Are Obsolete
In a 1946 classic, New York Fed chairman Beardsley Ruml explains why taxes aren’t necessary for Federal spending and argues against corporate income taxes.
