Dav Pilkey on ADHD

Q: And you had to sit in the hall in elementary school? A: So little was known about those conditions back in those days, and I think it was just seen as I was distracting everyone in the class with my silliness. I couldn’t stay in my chair and keep my mouth shut. So the teachers from […]

Ecuador… And The IMF's Killing Spree

Authored by Peter Koenig via GlobalResearch.ca, For close to 40 years the IMF has weaponized its handle on the western economy through the dollar-based western monetary system, and brutally destroyed nation after nation, thereby killed hundreds of thousands of people. Indirectly, of course, as the IMF would not use traditional guns and bombs, but financial […]

The People's Republic Of China: Visualizing 70 Years Of Economic History

From agrarian economy to global superpower in half a century – China’s transformation has been an economic success story unlike any other. Today, China is the world’s second largest economy, making up 16% of $86 trillion global GDP in nominal terms. Furthermore, as Visual Capitalist’s Imam Ghosh points out, if you adjust numbers for purchasing power parity […]

Solar Storms Can Devastate Entire Civilizations

Authored by Irina Slave via OilPrice.com, Climate has inarguably become a hot topic of discussion in developed economies over the last decade, and it is getting hotter by the day as study after study warn we are close to doomed if we don’t change our ways urgently. Yet climate on Earth is not the only […]

“This Did Not Go Well” – PG&E's Rolling Blackout Sparked Chaos In Bay Area

Pacific Gas and Electric’s (PG&E) historic blackout plunging hundreds of thousands of customers into darkness last week was a massive communication breakdown that sparked criticism over the two-day blackout that was designed to avoid wildfires, reported The New York Times. PG&E officials said over the weekend that most of the power had been restored to everyone […]

Escobar: Behind Hong Kong's Black Terror

Authored by Pepe Escobar via The Saker blog, Deciphering who’s behind the violence leads to a long list of possibilities… “If we burn, you burn with us.” “Self-destruct together.” (Lam chao.) The new slogans of Hong Kong’s black bloc – a mob on a rampage connected to the black shirt protestors – made their first […]

Pork-Panic Sends China CPI To 6 Year Highs As Factory Deflation Deepens

China’s producer prices deflated for the 3rd straight month, slumping 1.2% YoY – the biggest deflationary impulse since July 2016 – but, thanks to the explosion in pork prices (as ‘pig ebola’ spreads), Chinese consumers are facing the worst inflation since 2013. Source: Bloomberg “The return to PPI deflation since July is not only acting […]

“Saving Ammunition” Is Not A Reason To Avoid Rate Cuts

Submitted by Eric Hickman, president of Kessler Investment Advisors, Inc., an advisory firm located in Denver, Colorado specializing in U.S. Treasury bonds. It isn’t just how much the Fed cuts rates that matters; it is how soon they do it. You don’t have to go far to hear calls for the Federal Reserve to not […]

Down to the Wire, Last Chance for Our 2019 Fundraiser!

Only a bit over five hours are left in the Naked Capitalism fundraiser. Show your support of sharp analysis, relentless pursuit of captured officials and lame pundits, demystifying finance, exposing looting, lively phrasemaking, and cute animal pictures. In the last two hours, we’ve gotten 25 more donations, so we’ve just beaten our donor target! Thanks […]

WeWork Removes Thousands Of Phone Booths Due To “Elevated Formaldehyde”

It isn’t just WeWork’s now-pulled IPO that’s toxic at the company: according to a Business Insider report, the company emailed its tenants on Monday telling them that there was “potentially elevated levels of formaldehyde” in phone booths throughout WeWork offices in the U.S. and Canada. Why they used the word potential is unclear – according to the […]

Forbes Slammed For Encouraging Women To Vacation Alone In Pakistan

Authored by Paul Joseph Watson via Summit News, Forbes faced ridicule and condemnation after the media outlet encouraged women to travel alone to Pakistan, including to areas where the Taliban is active. “Pakistan. It’s not exactly on every solo female traveler’s bucket list. But that doesn’t mean that it shouldn’t be,” states the article, which […]

Sanders Goes For The Jugular: Could Slap Billionaires With 97.5% Effective Tax Rate

Billionaires could be slapped with an effective tax rate of 97.5% if Bernie Sanders wins the 2020 presidential elections, reported Bloomberg, who spoke with two economists advising both the Bernie Sanders and Elizabeth Warren Presidential Campaigns. Sanders’ effective tax rate of 97.5%, includes an income tax, but also a wealth tax that is aimed at breaking […]

Countdown!

Readers have responded generously to our final appeal, to meet our last goal of $35,000 for more original and to beat our new donor target of 1750 contributors. Since our last update, only five hours ago, you’ve blasted through our financial target. We are now $3,815 over our goal! This is very exciting for all […]

God Is Now Trump’s Co-Conspirator

Listening to the speech William Barr, the attorney general, gave last week at the University of Notre Dame Law School, I found myself thinking of the title of an old movie: “God Is My Co-Pilot.” What I realized is that Donald Trump’s minions have now gone that title one better: If Barr’s speech is any […]

What Do We Talk About When We Talk About Coups?

This is Naked Capitalism fundraising week. 1696 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in the financial realm. Please join us and participate via our donation page, which shows how to give via check, credit card, debit card, or PayPal. Read about why we’re doing this fundraiser and […]

Closing Hours of Fundraiser, About to Hit Our New $ and Donor Targets!

The Naked Capitalism community has spoken!. You’ve said you want this site to have more in-depth coverage and impact. You’ve provided tangible backing for your desire to have us demystify finance, call out chicanery in high places, parse propaganda, to become more effective in our activism, and in our small way, help promote the creation […]

Platts: 5 Commodity Charts To Watch This Week

Via S&P Global Platt’s ‘The Barrel’ blog, Natural gas is top of our editors’ picks of unfolding commodity trends this week, with Europe’s market responding to oversupply and solid US production giving rise to ample storage. Elsewhere, low US power prices, Germany’s latest plan to step up emissions reductions and soaring nickel prices all feature. […]

Veritas Strikes Again: Exposes CNN's 'Anti-Trump Crusade', Zucker's 'Personal Vendetta' Against Trump

Undercover whistleblower organization Project Veritas has done it again – after CNN insider Cary Poarch secretly recorded his colleagues. Poarch reveals CEO Jeff Zucker’s “personal vendetta” against President Trump, including orders to focus on impeachment, as well as a mandate that employees cut ties to Republican lawmakers, including Lindsey Graham of South Carolina. Jeff Zucker, whistleblower Cary Poarch Via Project Veritas: A brave […]

WeWork CEO Went On Historic Home-Buying Spree As Company Imploded

With WeWork’s IPO – perhaps indefinitely – postponed, WeWork founder and former CEO Adam Neumann and his wife Rebekah Paltrow-Neumann now find themselves in a difficult predicament: Using a combination of loans against Neumann’s WeWork shares, as well as sales of some of his shares on the secondary market, the couple has accumulated a portfolio […]

Sears Will Close Another 100 Stores Amid Failed Turnaround 

A new report by The Wall Street Journal indicates about 100 of the 425 Sears and Kmart stores that financier Edward Lampert acquired out of bankruptcy are set to close by year-end.  Lampert, who was chairman and chief executive of parent Sears Holdings Corp., decided in late 2018 to file for bankruptcy protection.  Lampert provided the parent […]

Move To Replace Columbus With Indigenous Peoples' Day Is Gaining Momentum

Authored by Kelli Ballard via LibertyNation.com, The second Monday in October is celebrated across the nation – with a few exceptions – as Columbus Day. It’s a time to honor Christopher Columbus, the Italian explorer who mistakenly landed on American soil and started the migration of Europeans and the colonization of a previously occupied land. The […]

MIB: Economists are so over

Out of the destruction of the Post-World War economies, began the rise of the economists. Beginning in the United States, then going global, economists created new ideas about deficits, monetary and fiscal policy, that slowly gained traction. By the late 20th century, the influence of economists impacted every corner of the modern world, including trade, […]

US Congressional Delegation Denied Visas In Beijing Over Planned Stop In Taiwan

Over the past several weeks there has been an ongoing tit-for-tat between visas granted by China and the United States for each others citizens. One of the more significant, we found out Sunday in the Wall Street Journal , is that China barred a bipartisan delegation of American lawmakers over their planned stop in Taiwan.  ​​​​​​Chinese paramilitary police march […]

Michael Kremer, Nobel laureate

To Alex’s excellent treatment I will add a short discussion of Kremer’s work on deworming (with co-authors, most of all Edward Miguel), here is one summary treatment: Intestinal helminths—including hookworm, roundworm, whipworm, and schistosomiasis—infect more than one-quarter of the world’s population. Studies in which medical treatment is randomized at the individual level potentially doubly underestimate […]

Rall: Is Trump's Impeachment A Deep-Democratic-State Coup Against Warren?

Authored by Ted Rall via The Unz Review, Some Republicans see the Ukraine/Biden impeachment inquiry as a deep-state coup attempt against President Donald Trump. Some progressives are beginning to scratch the surface of an alternative — but equally cynical — analysis that I think leftists ought to consider: Trump’s impeachment is a DNC/centrist coup attempt […]

Gartman Denies His S&P Short Was Stopped Out, Stocks Jump

On Thursday, just as stocks were set to explode higher on “trade deal optimism” we reported that “world renowned commodity guru” Dennis Gartman had issued his latest bearish recommendation, saying that “we are sellers today of the December S&P… at or near to $2916… We’ll “do” one unit of each and will risk 2% on […]

Esther Duflo reminiscenses

I first contacted Esther (and Abhijit) in 2006, when I wanted to write a New York Times column on their RCT work in India, specifically Hyderabad.  They were both extremely welcoming of my inquiries and did everything possible to give me a chance to observe their work up close. I ended up traveling to Hyderabad, […]

Abhijit Banerjee reminiscenses

Abhijit and I were in the same first year class at Harvard, and I have two especially strong memories of him from that time. First, he was always willing to help out those who were not as advanced in the class work as he was.  Furthermore, that was literally everyone else.  He was very generous […]

Thomas Piketty’s New Book: Impressive Research, Problematic Solutions

This is Naked Capitalism fundraising week. 1696 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in the financial realm. Please join us and participate via our donation page, which shows how to give via check, credit card, debit card, or PayPal. Read about why we’re doing this fundraiser and […]

Everything’s Free!

Dave Nadig, managing director of ETF.com, stops by The Compound to discuss how fee-free trading is changing the investment landscape with Ritholtz Wealth Management Chairman and CIO, Barry Ritholtz. EVERYTHING’S FREE: The Impact of Zero-fee Trading[embedded content] You can subscribe to The Compound here. See also: Brokers Profit From You Even If They Don’t Charge […]

Links 10/14/19

This is Naked Capitalism fundraising week. 1696 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in the financial realm. Please join us and participate via our donation page, which shows how to give via check, credit card, debit card, or PayPal. Read about why we’re doing this fundraiser and […]

10 most competitive economies in 2019

Source: World Economic Forum The annual Global Competitiveness Report has been released, and its chock full of great data and analysis: “Ten years on from the global financial crisis, the world economy remains locked in a cycle of low or flat productivity growth despite the injection of more than $10 trillion by central banks. The […]

The Nobel Prize in Economic Science Goes to Banerjee, Duflo, and Kremer

The Nobel Prize goes to Abhijit Banerjee, Esther Duflo and Michael Kremer (links to home pages) for field experiments in development economics. Esther Duflo was a John Bates Clark Medal winner, a MacArthur “genius” award winner, and is now the second woman to win the economics Nobel and by far the youngest person to ever […]

Brexit: The Ticking Clock

This is Naked Capitalism fundraising week. 1696 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in the financial realm. Please join us and participate via our donation page, which shows how to give via check, credit card, debit card, or PayPal. Read about why we’re doing this fundraiser and […]

On the road for Nobel day

Apologies readers, but I’ll be speaking at OECD in Paris exactly when the Nobel Prize for economics is announced.  I do believe Alex plans coverage, but for catching this topic I will have to wait until next year… In the meantime, if Alex’s post isn’t up yet, you can offer your opinion on the pick […]

America’s Health Care Ripoff: An Example of Cancer Treatment in Australia

This is Naked Capitalism fundraising week. 1696 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in the financial realm. Please join us and participate via our donation page, which shows how to give via check, credit card, debit card, or PayPal. Read about why we’re doing this fundraiser and […]