Recent Items
Saturday, July 4, 2026
Links 7/4/2026
Topics: Links
Posted by Yves Smith at 6:55 am | 55 Comments »
Michael Hudson: How US Slave Interests Stifled US Monetary and Banking Policy Until 1913
On US 250th anniversary celebration, Michael Hudson considers the counter-revolution thesis and the role of slave capital.
Topics: Banana republic, Banking industry, Free markets and their discontents, Guest Post, Income disparity, Social policy, Social values
Posted by Yves Smith at 4:03 am | 5 Comments »
Why AI Doesn’t Think, Cannot Reason, Isn’t Intelligent and Will Never Achieve Consciousness
Rob Urie addresses common misperceptions regularly promoted by AI touts, of what AI can and cannot do.
Topics: Guest Post, Investment outlook, Media watch, Ridiculously obvious scams, Technology and innovation
Posted by Yves Smith at 3:37 am | 36 Comments »
Coffee Break: Apathetic Americans, Science Agonistes, and Cool Science
Part the First: Jessica Wildfire on Apathetic Americans. As a paid-up member of the Professional Managerial Class who came from a thoroughly working-class background, I tend to hear and see things differently from most of my colleagues. An enduring theme among them is “They just don’t seem to care…” Not exactly. From Heads Above Water: […]
Topics: Coffee Break, Dubious statistics, Garrulous insolence, Science and the scientific method, Social policy, Social values, The destruction of the middle class, The dismal science
Posted by KLG at 2:00 pm | 12 Comments »
Links 7/3/2026
Topics: Links
Posted by Conor Gallagher at 6:55 am | 80 Comments »
The UK’s Latest “Debanking” Scandal Should Give Everyone Pause
First they came for Muslim activists. Then they came for Nigel Farage. Now, they’re coming for independent media outlets.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 44 Comments »
Iran War: Philip Pilkington, Nate Wade Debunk Oil Cliff Hopium; Pilkington Explains Prices Derived from Crack Spreads are $100 to $115 a Barrel; US Declares Fertilizer Emergency
Today’s abbreviated Iran war news: some information hygiene on the oil cliff and fertilizer fronts.
Topics: Commodities, Doomsday scenarios, Economic fundamentals, Energy markets, Environment, Investment outlook, Media watch, Middle East, Politics
Posted by Yves Smith at 5:30 am | 80 Comments »
Living in a Ghost Town: The Geography of Depopulation and Aging
A look at various government’s efforts, particularly in Japan, to manage shrinking and aging communities.
Topics: Economic fundamentals, Guest Post, Income disparity, Japan, Social policy
Posted by Yves Smith at 1:50 am | 13 Comments »
Do Muslims Want Sharia Law in the West?
Asking about Sharia Law in the West creates an erroneous binary for Muslims, ignoring a deeper view of law, land, and the modern nation-state.
Topics: Coffee Break, Europe, Legal, Middle East, Politics, Social policy, Social values, Surveillance state, Turkey
Posted by Curro Jimenez at 2:00 pm | 12 Comments »
Links 7/2/2026
Topics: Links
Posted by Conor Gallagher at 6:55 am | 78 Comments »
Iran War: Vance Confirms Plan to Use “Deal” as Minsk-Type Pause to Restock Fuel (and Arms); US Ostentatiously Failing to Implement MOU, Seeking to Isolate Iran Over Strait of Hormuz Control
Today’s Iran war news: The US thumbs its nose at MOU obligations and seems content with current Strait of Hormuz transit levels.
Topics: Commodities, Doomsday scenarios, Economic fundamentals, Energy markets, Media watch, Middle East, Politics
Posted by Yves Smith at 5:42 am | 129 Comments »
Supreme Court Denies Pork Industry Appeal of Animal Welfare Law
How the Supremes gave a win for farm animals over Big Ag.
Topics: Agriculture, Free markets and their discontents, Guest Post, Legal, Permaculture, Politics, Regulations and regulators, Social values
Posted by Yves Smith at 2:41 am | 14 Comments »
When Trust in Official Statistics Declines
The Trump firing of the BLS chief imposed costs by lowering faith in official statistics and increasing uncertainty.
Topics: Dubious statistics, Economic fundamentals, Free markets and their discontents, Guest Post, Investment outlook, Politics
Posted by Yves Smith at 1:09 am | 13 Comments »
Coffee Break: Tawdry Trump Gang Corruption Wave Cresting?
Trump 2.0 is setting records for graft while establishing a tawdry, tacky aesthetic that is not going over with the American public.
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 20 Comments »
Most EU Citizens Support Economic Growth Even Though Climate Experts Question Its Role
Most Europeans do not see a tradeoff between economic growth and preserving the environment. Propaganda and happy Green New Deal patter worked.
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Environment, Europe, Global warming, Guest Post, Politics
Posted by Yves Smith at 9:55 am | 14 Comments »



