It's hard to keep up with the horrific carnage inflicted on the world every single day by the Trump GOP and the Billionaire Tech Oligarchs (who enabled it and now use all their money and their social media sites to keep it in power) and since I'
I continue to be astonished and appalled at the bizarre attempt by "moderates" to downplay what the Trump GOP is, what's it's doing, and what it's objectives are. Even though they SAY IT and they WRITE IT DOWN, even though it'
While CEOs and executives everywhere instantly fell for Big Tech's gen AI bullshit and believed every word, young people see exactly the horrifically negative impact it's having on basic learning and literacy and intelligence -- as described in this excellent piece from The Verge. It's
Enlightening piece from Mike Brock at Notes from the Circus about rent control. Often depicted as borderline idiotic by conventional economists, Brock disagrees with typical clarity. We live in an age when fundamental issues about the shape and structure of the US economy are more unsettled in the minds of
If you aren't a subscriber to Cory Doctorow's Pluralistic blog, you're missing the most insightful writing on tech and politics from the guy who coined the term, "shitification". Best of all, it's free, no trackers, no ads, just Cory in
Cory Doctorow is one of the leading chroniclers of enshittification -- the process by which Big Tech and other monopolies have shittified their products to make more money -- and why it happened and what needs to be done to change it. He writes a blog which is free, no advertising, no
CALPERS Has Underperformed a 60/40 Index Fund by 50bps per annum - For the Last 40 Years Think about that. Nearly forty years of returns below what could have been achieved for almost nothing and lower volatility. But instead the ~$450B California state pension fund has missed out on tens
Headline/Summary: (In order of oldest to most recent) ELON IN LUDICROUS MODE ON TESLA'S Q3 CALL * The Common Sense Sceptic rebuts Musk's ridiculous and increasingly desperate assertions on Tesla's Q3 earnings call, one by one, point by point. FOR BUYOUT DEBT, TEN IS
There are several major systemic headwinds facing the Chinese economy in the years ahead but the property bust and HOME PRICE DECLINE is the biggest reason consumer confidence has been shattered and why growth will continue to stagnate for years to come. Prices are still falling and will likely continue
Return Advantage of Stocks over Bonds Has Shrunk to Lowest in 15 Years But US Endowments' Equity Beta Likely Highest Ever A review of the asset allocation history of the largest American endowments shows that the amount of equity risk currently being taken is at the highest level in
Gee, it kinda sorta seems like Lina Khan has gotten under the skin of the WSJ Editorial Board. What is it about young female Democrats enforcing anti-trust laws for the first time in decades that seems to really IRRITATE them. The gist of all of their rants is, "
For decades, Wall Street and their servant, BigLaw, have owned the SEC. When banks and traders were charged with crimes, their BigLaw fat cat lawyers would sit down to "negotiate penalties" (how many average Americans get to negotiate penalties when they break the law?) with BigLaw fat cat