A recent Wall Street Journal article that tried debunking MMT effectively supported it.
Thursday, February 21, 2019
CalPERS Chief Investment Officer Ben Meng Lied About Private Equity to State Senator Dr. Richard Pan at Joint Pension Committee Hearing
CalPERS lied to the wrong person. State Senator Dr. Richard Pan is smart enough to know he was snookered when word gets back to him.
CalPERS is once again up to no good on the private equity front.
Why has Susan Strange been reputationally short changed as an expert in financial instability?
Today’s Water Cooler: Open thread
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm |
Wellbeing Measurements, Easterlin’s Paradox and New Growth Models: A Perspective through Gross National Happiness
Examines new growth models, especially Bhutan’s, which has pursued gross national happiness, rather than GDP, since the 1970s.
A discussion of various theories of how financial markets set prices.
History shows that capitalism isn’t natural or normal, strengthening the belief that we can create something better.
Even More on “Is CalPERS Private Equity Architect John Cole So Clueless He Doesn’t Know He’s Lying?”
It has taken three posts to unpack all the lies that John Cole told CalPERS’ board in December about its new private equity scheme.
Unsprawling America isn’t as hard as it sounds.
Topics: Guest Post
Posted by Lambert Strether at 5:55 am |
Posted by Yves Smith at 6:55 am |
Hubert Horan: Can Uber Ever Deliver? Part Seventeen: Uber’s 2018 Results Still Show Huge Losses and Slowing Growth as IPO Approaches
It is hard to see how Uber’s IPO story will hold up to scrutiny, particularly at a planned valuation of $120 billion.
Is shareholder activism capable of achieving lasting change?