Links 3/31/2023 | naked capitalism
World’s Largest Organism Is Slowly Being Eaten, Scientist Says Science Alert Sounds emitted by plants under stress are airborne and informative Cell (!!). Why Investment Complexity Is Not Your Friend…
That 80s feeling: How to get serious about bank reform this time and why we won’t | naked capitalism
By Charles Calomiris, Henry Kaufman Professor of Financial Institutions, Graduate School of Business Columbia University; Director, Center for Economics, Politics and History University of Austin. Originally posted at VoxEU. The…
Shining a Light on the UK Government’s Disingenuous Role in Trying to Kill Cash | naked capitalism
It should perhaps come as little surprise that when it comes to protecting the right to pay in cash, the UK government prioritises freedom of choice for businesses (to reject…
Senators Alarmed By Use of Rent-Setting Algorithm, Say It’s Helping Drive Inflation | naked capitalism
By Conor Gallagher Following an investigation into a Texas company’s housing rental pricing software, Senators Elizabeth Warren of Massachusetts, Bernie Sanders of Vermont, Tina Smith of Minnesota, and Edward J.…
The Financial Crisis of 2023: Protecting Big Finance, Coming and Going | naked capitalism
Yves here. Gerald Epstein, who has written regularly about bank regulation and the inadequacy of “reforms” since the 2008 financial crisis, weighs in with his take on the 2023 panic.…
“Biden’s Awkward Democracy Summit” | naked capitalism
Edward Luce, a Financial Times columnist who was Larry Summers’ speechwriter and remains a whisper to top Democrats, has published a peculiar and revealing piece musing about the failure (although…
Links 3/30/2023 | naked capitalism
Scientists create Liquid Trees; a tank full of water and micro-algae that could be an alternative to trees in urban areas YUP Strange Acceleration of Mysterious Interstellar Visitor Finally Explained…
Crypto Mining at Gas Wells Sparks Regulatory Headaches, Outcry in Northwestern Pennsylvania | naked capitalism
Lambert here: Is there no end to the wonders of crypto? By Audrey Carleton, an award-winning environmental journalist who has written for Capital and Main, VICE, Grist, the Guardian, Earther,…
Austerity for the Plebes, Bank Rescues for the Rich | naked capitalism
Yves here. Supposedly super duper bank reforms after the crisis have done little to shore up confidence, particularly among the rich who tend to keep too much in uninsured accounts…
Why the Repeal of Anti-Union Laws in Michigan Boosts Workers Nationwide | naked capitalism
Yves here. As much as the overall picture for worker rights seems grim, the flip side is concerted pushback is finally producing some reversals of long-standing cuts in rights, as…