Tag: Yves Smith

Obama has been, in this writer’s opinion, on balance, a failure.  And unlike our conservative colleagues who rally round their leaders in slavish, thrall-like adoration, unquestioning and unchallenging regardless of their inadequacies, I believe progressives should be better than that.  We have to be better than that.  Through moral obligation, we must hold…

If you want a concise, accurate, easy-to-read, fact-based (i.e. with data) accounting of how our economy got so f*cked up, go buy this book. For extra credit, go read this one too.  Yves Smith will give you an intimate look inside the world of “high finance” and how the “quants”…

I’m sure I’m going to catch a face full of flame for this, but I’m with Yves Smith here.  The author of ECONned: How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism, she sees Obama as much more of a friend and defender of the 1% than a friend to…

No, not Heidi Klum models, but economic models and what they tell us, or more importantly, don’t tell us about economic reality.