Do We Really Want to Return to "Normal" If "Normal" Is Destroying the Planet?
Change the incentives, and the outcomes change. Ecologist Howard Odum provided a profound insight into human…
Author: Charles Hugh Smith
Systemic Risks Abound
If you wanted to design a system guaranteed to collapse in a putrid heap, you'd make…
Fed to Treasury Dealers and Congress: We Can’t Count On You, We’re Taking Charge
The Fed sees itself as trapped by the incompetence and greed of the other players and…
FOMO Is Loco
We can also posit a general rule that those who inherit wealth and succumb to FOMO…
U.S. Stimulus Has Created a Boom–in China
Maybe maximizing corporate profits isn't all that matters. Maybe national security and resilience matter, too, and…
Sickcare is the Knife in the Heart of Employment–and the Economy
We need to change the incentives of the entire system, not just healthcare, but if we…