Few political figures have done more to keep Ukrainians fighting — and dying in huge numbers — in a bloody, futile proxy war of attrition than Von der Leyen. Last…
We’re late to a story that interestingly has been very much under-reported, perhaps because it is contrary to the anti-globalist narrative….already a minority faction in the Anglosphere. We’ve said for…
Yves here. Richard Murphy summarized an important paper by James Galbraith, which takes on two different, but actually somewhat related, central bank fixations. One is the loanable funds theory, which…
Some of our very generous readers give to us monthly by check; some others toss them over the transom when the mood and funds availability strike them. We like checks…
For much of the last two decades, including during the pandemic, technology companies were a bright spot in New York’s economy, adding thousands of high-paying jobs and expanding into millions…
Yves here. After Keir Starmer disgracefully pushed Jeremy Corbyn to Labour’s sidelines, the idea that Starmer might quickly crash and burn as a national leader seems an outcome sorely to…
Conveniently for those in authority, shifts in public mood don’t have much impact on their power, at least until it becomes so extreme as to threaten revolt. However, it seems…
Yves here. Among other things, this post illustrates how much inertia drives business behavior (and even small farmers are businesses). Many operations would rather stick with settled practices, even when…
By Grace van Deelen. Originally published at The New Lede. Tens of thousands of dead fish are washing up on the Texas Gulf Coast, unprecedented numbers of seabird carcasses are showing…
Yves here. One of the subthemes of the latest offering from Michael Hudson on the bizarre spectacle of the US escalating against China is puzzlement that the West is not…