2:00PM Water Cooler 2/15/2023 | naked capitalism
By Lambert Strether of Corrente. Bird Song of the Day In honor of the tool-using Cockatoo: White Cockatoo, Julio Enrique Monaga, Bayamón, Puerto Rico. This cockatoo attempts to be melodious…
An Inconvenient Apocalypse | naked capitalism
Yves here. As you’ll see, authors Wes Jackson and Robert Jensen justify their use of apocalypse to describe the environmental disaster we have brought upon ourselves by using the Bible…
Annual Services Inflation Rages at New Four-Decade High, Monthly Overall CPI Hottest Since June | naked capitalism
Yves here. Despite some technically-accurate effort to depict the rounding-error-level decline in CPI to 6.4% in January from 6.5% in December as easing (for instance, the Wall Street Journal’s U.S.…
CalPERS’ Refusal to Put Clearly Insolvent Long-Term Care Insurance Plan in Bankruptcy Increases Harm to Policyholders and Makes Board and Responsible Executives Liable | naked capitalism
The CalPERS long-term care fiasco continues, with the board and staff taking a course of action that increases harm to policyholders by continuing to bleed them rather than put the…
Slavery and the British Industrial Revolution | naked capitalism
Yves here. I joked that I majored in the Industrial Revolution in England and France, including its literature. And when I was in school, class influence and the experience of…
Shining a Light on Canada’s Much-Ignored Role in Peru’s Internal Conflict | naked capitalism
“Canada’s influence on mining is felt in Latin America more than in any other region of the world.” And its second most important market is Peru. In 2017, BBC World…
Understanding Money and the Dollar System: Radhika Desai & Michael Hudson at Geopolitical Hour, | naked capitalism
Yves here. Yet another in-depth discussion by Radhika Desai and Michael Hudson. Despite their considerable expertise, I have to differ with them about the speed with which the dollar’s role…
The Gold Standard | naked capitalism
Yves here. I must confess that I had not worked out how the gold standard would promote mercantilism and colonialism. Richard Murphy, as you will see, is soliciting feedback on…
Links 2/13/2023 | naked capitalism
Wild Goffin’s cockatoos flexibly manufacture and use tool sets Cell Cleaner fish recognize self in a mirror via self-face recognition like humans PNAS Coyotes, Charlotte’s loudest newcomers, are here to…
The Gas Stove Panic | naked capitalism
Matt Taibbi used Unimportant Flying Objects as a point of departure for his must-read Government by Panic. We will shortly argue that the sudden and obviously non-organic emergence of the…