Relevant and even prescient commentary on news, politics and the economy.

Yves Smith takes aim at Malcolm Gladwell

Yves Smith has a very long post on Malcolm Gladwell: Yves here. Yasha Levine and Mark Ames have launched the S.H.A.M.E. Project, which stands for “Shame the Hacks who Abuse Media Ethics.” Its approach is to provide information about the background and funding sources of well-recognized journalists and pundits so that the public will be […]

Third party efficacy

Yves Smith posted a call to action. If you want this country to be different, you can’t just wish for it or expect voting to effect change. You need to be part of making it happen. And that was perhaps the greatest of Obama’s deceptions, that by listening to his seductive rhetoric, your passivity made […]

Obama Bucket Shop act

Yves Smith  points us to information on our notions of new business and venture capital: Amar Bhide, who has written the classic, The Origin and Evolution of New Businesses, has decisively debunked the idea underlying the Obama Bucket Shop act, which is that public stock offering are an important source of funding for new businesses. […]

extractionism

Dylan Ratigan interviews Yves Smith on  where the money goes (h/t rjs): Smith: Investors Are Afraid of Suing the Big Banks for Fear the Government Will RetaliateOn this episode of Greedy Bastards Antidote, we’re covering a new term from our upcoming book. This week, we’re focusing on extractionism. Joining us to discuss it is Yves […]