Thursday, February 14, 2019

2:00PM Water Cooler 2/14/2019

Today’s Water Cooler: Harris, Booker, Iowa, anti-semitism flap, DNC shenanigains, retail sales, business inventories, employment, Amazon drops NYC HQ plans, Lexipol, Newspaper Guild, insulin, Medicare Advantage, influencers, urban planning, fun with cranes

And Now This Message From Some Very Rich People: ‘Please Raise Our Taxes

Some wealthy people point out they wouldn’t even notice, much the less mind, the sort of increases in taxes now under discussion.

Links 2/14/19

Brexit: The Test of the Ultras?

Another supposed big Brexit day in Parliament. Will this prove to be yet another damp squib?

If Medicare for All Is Politically Impossible, “All Payer” Could Fix the System

How an “all payer” program could be a big and politically palatable step towards fixing America’s broken health care system.

China’s Mountain Of Debt Is About To Crumble

A worrying update about China’s corporate debt.

2:00PM Water Cooler 2/13/2019

Today’s Water Cooler: Holder, Harris, Bloomberg, Omar’s “Kinsley Gaffe,” AOC, consumer price index, business inflation expectations, Saudi tanker, podcast advertising, Walmart, Amazon, Mars One, car payments, batteries, privatized water, worker co-ops, snakes in the grass

Climate Damages: Uncertain but Ominous, or $51 per Ton of Carbon?

The dark and contested art of pricing carbon emissions.

Links 2/13/19

Even Endowments Not Beating Vanguard….So What Good Are Those High Fee Private Equity and Hedge Funds?

Even endowments, the supposed best of best among diversified investors, are finding that their old alternative investment mojo isn’t working these days.

A Study in Professional Power: Why Do the Big 4 Accountants Survive?

How the Big 4 accountants cemented their position and why that matters.

On Modern Monetary Theory (#MMT)

Mainstream economists are finally deigning to notice MMT.

2:00PM Water Cooler 2/12/2019

Today’s Water Cooler: Ilhan Omar and Puff Daddy, JOLTS, small business optimism, Google fiber debacle in Louisville, Waymo after a decade, Amazon warehouses, broadband, carbon capture, human trolls, the military and the poor, Stonehenge, drunk witnesses, gym class

How Neoliberalism Is Normalising Hostility

Tracing how neoliberalism has corroded social values.

Links 2/12/19