The money to support well-paid American jobs exists—it’s just being hoarded by the rich.
Recent Items
Friday, April 25, 2025
How the American Economy Is Rigged to Serve the Rich, and Why Tariffs Won’t Change That
Topics: Banana republic, Economic fundamentals, Free markets and their discontents, Globalization, Guest Post, Hedge funds, Income disparity, Investment management, Private equity, Ridiculously obvious scams, The destruction of the middle class
Posted by Yves Smith at 1:14 am | 2 Comments »
Trump Wants World to Subsidise US Empire
A Trump advisor argues, in all seriousness, that other countries should help bear the cost of US empire because it confers so many benefits on them.
Topics: Currencies, Economic fundamentals, Garrulous insolence, Globalization, Guest Post, Income disparity, Ridiculously obvious scams
Posted by Yves Smith at 9:55 am | 45 Comments »
Links 4/24/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 146 Comments »
Climate Change: Where are We and Where are We Going, in Five Recent Books?
A few weeks ago, I repeated the drive of seventy miles along the north-south path of Hurricane Helene that I made two weeks after the storm . In the few wealthier sectors along this highway, downed trees have been removed and sawn for lumber (at a large loss) or chipped. I have heard hardwood and […]
Topics: Guest Post
Posted by KLG at 6:50 am | 20 Comments »
China Sends Strong Message to “Global South” (and US) Via Its Embassy in Argentina
“[W]e urge the US side to detoxify its mind. Instead of devoting its time and energy to… attacking China, it would be much more productive to make real contributions to the development of the countries of the region.”
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 27 Comments »
Company Accused of Organizing National Rental Housing Cartel Goes on Offense as Trump DOJ Mothballs Price-Fixing Case
In a lawsuit against Berkeley, RealPage contends that using pricing algorithms to coordinate residential rents among mega landlords is “free speech.”
Topics: Free markets and their discontents, Legal, Market inefficiencies, Private equity, Real estate, Regulations and regulators, Social policy, Social values, The destruction of the middle class
Posted by Conor Gallagher at 6:00 am | 6 Comments »
The Dangerous Illusion of Climate Resilience
The latest floods, wildfires, and other disasters reveal the flaws of adaptation as the main response to climate change.
Topics: Environment, Global warming, Guest Post, Infrastructure, Risk and risk management, Social policy, Social values, Technology and innovation
Posted by Conor Gallagher at 5:00 am | 12 Comments »
What Science Says About Food Additives
RFK Jr. has said the U.S. should end the use of synthetic food additives. How would that affect public health?
Topics: Guest Post, Health care, Politics, Regulations and regulators, Science and the scientific method
Posted by Yves Smith at 9:55 am | 26 Comments »
Links 4/23/2025
Topics: Guest Post, Links
Posted by Haig Hovaness at 6:55 am | 147 Comments »
Prevagen®: A Most Curious Dietary Supplement for Your Brain
Dietary supplements are a large part of the alternative medicine universe, with annual sales of more than $70B in the United states and much more than that in the rest of the world. I have followed the supplement business since tryptophan, a canonical amino acid marketed as a sleep aid, caused an outbreak of eosinophilia-myalgia […]
Topics: Guest Post, Health care, Science and the scientific method
Posted by KLG at 6:50 am | 19 Comments »
‘Making the West Great Again’
At her recent meeting with Trump, IItalian PM Giorgia Meloni declared her allegiance to “western nationalism.” What does such nonsense portend for Italy and Europe?
Topics: Europe, Globalization, Guest Post, Politics, Social policy, The destruction of the middle class
Posted by Conor Gallagher at 6:00 am | 22 Comments »
AI Energy Demand Can Keep Fossil Fuels Alive, Tech Backers Promise World’s Two Biggest Oil Producers
An AI-fossil fuel axis is forming in the U.S. and Saudi Arabia as AI advocates pledge an endless need for energy — spelling disaster for the climate.
Topics: Doomsday scenarios, Energy markets, Environment, Global warming, Middle East, Ridiculously obvious scams, Risk and risk management, Technology and innovation
Posted by Conor Gallagher at 5:00 am | 4 Comments »
Coffee Break: Armed Madhouse – War with Iran
The 9/11 attack on the U.S. triggered a series of disastrous wars in the Mideast in which the U.S. pursued the goals of overthrowing despots, securing oil supplies, and removing any real or potential military threats to Israel. The result was a large expenditure of blood and treasure for very little geopolitical gain and the […]
Topics: Guest Post
Posted by Haig Hovaness at 2:00 pm | 54 Comments »
Links 4/22/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 103 Comments »
As Appetite for War and Repression Rise in the New Western (Dis-)Order, Palantir Is Making a Killing
Silicon Valley’s darkest and most secretive unicorn “has finally made it big”. But at what cost to the rest of us?
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 17 Comments »