A new analysis finds that Brexit imposed higher costs on the UK than forecasts at the time projected.
Recent Items
Tuesday, December 23, 2025
Brexit’s Slow‑Burn Hit to the UK Economy
Topics: Economic fundamentals, Europe, Guest Post, Legal, Politics, The dismal science, UK
Posted by Yves Smith at 9:55 am | 7 Comments »
Links 12/5/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 129 Comments »
Just How Dystopian Can Starmer’s Britain Become? (Part 2)
Scaling back trial by jury, further attacks on lawful speech, the nationwide deployment of deeply flawed facial recognition systems… The list just keeps growing longer.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 36 Comments »
The Point of No Return for the Warm Water Atlantic Current Is Coming Up Fast
Just the way objects in your rear view mirror are closer than you think, so too are tipping points like the slowdown of the Gulf Stream.
Topics: Doomsday scenarios, Environment, Global warming, Guest Post, Science and the scientific method
Posted by Yves Smith at 3:51 am | 24 Comments »
Under Kennedy, America’s Health Department Is in the Business of Promoting Kennedy
More detail on Health and Human Services chief serving his own financial interests and pet causes as opposed to those of the public.
Topics: Guest Post, Health care, Media watch, Politics, Ridiculously obvious scams
Posted by Yves Smith at 1:36 am | 6 Comments »
Could an AI Have Suggested that the Earth Is Not at the Centre of the Universe?
Deviant thinking is on the decline as AI mirrors consensus instead of challenging it, making us more homogeneous and complacent toward power.
Topics: Coffee Break, Moral hazard, Social values, Surveillance state
Posted by Curro Jimenez at 2:00 pm | 36 Comments »
The Anti-MAGA Economics of the Second Trump Administration
How Trump has defaulted on his MAGA promises.
Topics: Economic fundamentals, Free markets and their discontents, Globalization, Guest Post, Income disparity, Politics, Technology and innovation, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 13 Comments »
Links 12/4/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 119 Comments »
Blockbuster San Francisco Lawsuit Targets Food Industry Giants Over Ultraprocessed Foods, with Extensive Documentation of Health Damage and Success in Producing Addiction
A case by the San Francisco attorney documents Big Food’s use of ultraprocessed food to create addicts in a repeat of the tobacco playbook.
Topics: Free markets and their discontents, Health care, Income disparity, Regulations and regulators, Ridiculously obvious scams, Science and the scientific method
Posted by Yves Smith at 6:48 am | 33 Comments »
Report Shows How Recycling Is Largely a ‘Toxic Lie’ Pushed by Plastics Industry
More confirmation that recycling is no solution to relentlessly rising plastics use and health damage.
Topics: Environment, Guest Post, Health care, Politics, Ridiculously obvious scams
Posted by Yves Smith at 2:13 am | 15 Comments »
How Wage Increases Became the Fed’s Red Line
How the Fed’s use of wages as a key inflation measure started as a war on labor and continues to operate that way.
Topics: Dubious statistics, Economic fundamentals, Federal Reserve, Guest Post, Income disparity, Pandemic, Politics, The destruction of the middle class
Posted by Yves Smith at 12:23 am | 7 Comments »
Coffee Break: Trump Insider Deals Hitting the Rocks?
Trump insider deals in crypto, AI, and drones appear to be taking a hit, mirroring his rapidly declining public support. What will this mean for AI czar David Sacks, Anduril’s Palmer Luckey, the Lutnicks and especially Don Junior and Eric?
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 21 Comments »
Is Male Infertility Contributing to Falling Birth Rates?
RFK, Jr. is exercised about falling birth rates and depicts falling sperm count as a major contributor. How sound is this view?
Topics: Economic fundamentals, Guest Post, Health care, Politics, Social policy, Social values
Posted by Yves Smith at 9:55 am | 37 Comments »
Links 12/3/2025
Topics: Links
Posted by Yves Smith at 6:55 am | 108 Comments »
The Meaning of Freedom in These United States
Nicholas Buccola is a historian of the United States who will still be read 30-40-50 years from now. I regret that I will not be here to see where he takes us. In 2019 he published The Fire is Upon Us: James Baldwin, William F. Buckley Jr., and the Debate Over Race in America. This […]
Topics: Economic fundamentals, Free markets and their discontents, Politics, Social policy, Social values
Posted by KLG at 6:45 am | 18 Comments »



