Michael Hudson and Radhika Desai on Dollar Imperialism | naked capitalism
Yves here. I have to confess to this claim at the top of the interview that is is about de-dollarization, when it is devoted almost entirely to telling the story…
The EV Revolution Brings Environmental Uncertainty at Every Turn | naked capitalism
Yves here. We have regularly pointed out that the greenhouse gas advantages of electric cars are considerably offset, if not more than offset, by other environmental cost. This article provides…
New, Buzzy Cochrane Study Sets the “Fools Gold” Standard for Anti-Maskers | naked capitalism
By Lambert Strether of Corrente. “One does not consider the brand to be the guarantee of quality. For us, the quality guarantees the brand.” –Lord Peter Wimsey in Dorothy Sayers,…
Can the Phillips Curve Explain Recent Wage Growth? | naked capitalism
Lambert here: He’s b-a-a-a-c-k!!!! And I’m guessing no. Read all the way to the end, where you will see a glorious example of lack of agency in a policy recommendation.…
Hubert Horan: Can Uber Ever Deliver? Part Thirty-Two: Losses Top $33 Billion But Uber Has Avoided The Equity Collapse Most “Tech” Startups Experienced | naked capitalism
Yves here. Hubert Horan again painstakingly goes through Uber’s deliberately distorted financial results to present something much closer to a real picture. To give an idea of the level of…
How Howard Schultz Made Starbucks the Poster Child of Corporate Abuse | naked capitalism
Yves here. There’s a lot competition for the title of “Nastiest CEO”. And just by weight of numbers, Amazon has a strong claim. Starbucks has only 400,000 employees while Amazon…
Lever News Silences Workers’ Voices and Gets the Story Wrong in East Palestine Derailment Coverage | naked capitalism
By Lambert Strether of Corrente. On February 3, 2023, 38 cars of Norfolk Southern train 32N derailed in East Palestine, OH. 20 cars were carrying hazardous materials; several burned for…
Links 2/26/2023 | naked capitalism
Swimming Cougars Take to the Sea, Astonishing Researchers in the Pacific Northwest TreeHuggers Nihilistic and crazed, Cocaine Bear is zoological zeitgeist for these end times Guardian Record-breaking global bond rally…
People Got Used to Higher Prices and Are Outspending even Raging Inflation. They Don’t Want this Thing to Land | naked capitalism
By Wolf Richter, editor of Wolf Street. Originally published at Wolf Street People want to get on with their lives, it seems. Their mood has improved. They’ve gotten used to…
5 Reasons Why Much of the Global South Isn’t Automatically Supporting the West in Ukraine | naked capitalism
Yves here. News junkies may have noticed the reports last week that the Munich Security Conference participation was increased to include more leaders of the so-called Global South than in…