Links 12/4/2023 | naked capitalism
Listen To The Voice Of Nature Madras Courier Chinks In The Armor Investor Amnesia Restructuring Bankruptcy Law The Regulatory Review Column: An exhaustive debunking of the dumbest myths about Social Security Michael Hiltzik, Los Angeles Times Climate The Doom Loop Phenomenal World. The deck: “Insurance markets and climate risk.” * * * Cop28 president says […]
New Zealand -WEF Favorite & The First To Fall?
COMMENT: RE: New Zealand WhistleblowerDear Martin,I live in Wellington, New Zealand. A government town, I guess New Zealand’s version of DC on a much smaller scale. I have worked for and with the government here up to the highest level and can attest to witnessing some of the corruption and ineptitude in the system.Thank you […]
Is the world’s most important asset market broken?
In 1790 America’s finances were in a precarious state: debt-servicing costs were higher than revenues and government bonds traded at 20 cents on the dollar. Alexander Hamilton, the country’s first treasury secretary, wanted a deep and liquid market for safe government debt. He understood the importance of investor confidence, so proposed honouring all debts, including […]
Profits Drive Inflation If No Consumer Resistance?
It is a strange opinion that profits—or for that matter wages—“drive” inflation, but it does help an economist maintain a spirit of tolerance and see a pedagogical opportunity in every error. A Wall Street Journal reporter is at it again with a story of yesterday titled “Outsize Profits Helped Drive Inflation. Now Consumers Are Pushing […]
Let the Market, Not Government, Decide the Fate of EVs
Advocates of various energy technologies have long argued that major barriers, either government or market-derived, stifle the development of their favored technology. They then infer that the current level of their preferred technology is suboptimal, necessitating some form of governmental intervention. That seems to hold true for New Mexico Governor Michelle Lujan Grisham, who wants […]
