2:00PM Water Cooler 9/29/2023 | naked capitalism
By Lambert Strether of Corrente. Patient readers, this Water Cooler is a bit light; I had to do actual research on the ballot line material, so I couldn’t blast through…
Right Wing Tanks Stopgap Bill in House, Pushing Government Toward a Shutdown
Hard-line conservatives on Friday tanked Speaker Kevin McCarthy’s long-shot bid to pass legislation to avert a government shutdown, in an extraordinary display of defiance that made it clear that Congress…
The Neoclassical Growth of China | naked capitalism
Yves here. I’m skeptical of models with n = 3 (although the authors claim results would be pretty similar with n = 5. There are lots of other quibbles. Michael…
$100 Oil Is Bad For The Economy (And For OPEC+) | naked capitalism
Yves here. While there is a point where increases in oil prices in not too long a time reduce oil prices by dampening demand, and that level in recent years…
Soccer Opens a Door to Russia’s Return, and Faces a Backlash
European soccer’s governing body is facing angry criticism and open defiance from some of its member nations after a vote by its executive committee earlier this week partially lifted a…
Penn R.A.s Vote to Unionize, Expanding Labor Movement Among Undergraduates
What Do Resident Advisers Want? At Penn, like many universities, R.A.s currently receive free housing and some meals but no pay for what the university describes as 15 to 20…
Museum Worker Sold Paintings and Put Forgeries in Their Place
A worker at the Deutsches Museum in Munich stole paintings from the collection, replaced them with rough forgeries, then sold the originals at auction, according to the judgment of a…
Near the Catskills, a Rustic Estate Recast as an Artists’ Retreat
After splitting their time between London and the foothills of the Catskill Mountains for over 20 years, the celebrated British artists Gary Hume and Georgie Hopton are saying goodbye to…
Biden Issues a Blistering Attack on Trump
President Biden issued a broad and blistering attack against former President Donald J. Trump on Thursday, accusing his predecessor and would-be successor of inciting violence, seeking unfettered power and plotting…
How West Africa Can Reap More Profit From the Global Chocolate Market
The first leg of the 35-mile journey from Ghana’s capital city, Accra, to the Fairafric chocolate factory in Amanase on the N6 highway is a quick ride. But after about…