The Bottomless Swamp of Regulatory Capture
All this grift, graft, predatory pricing, price-fixing and parasitic monopolizing costs the public and the economy…
Author: Charles Hugh Smith
Our Revolting Elites
The 'revolt of the elites' has reversed the source of social disorder from the masses to…
How Great Is Our Economy If the Bottom 50%’s Share of the Nation’s Wealth Has Plummeted Since 2009?
Something has been going very wrong in the US economy for a very long time, and…
Now Hiring: The Ministry of Failure
Those expecting some centralized, political-administrative "solution" will be disappointed, as the political-administrative "solution" is actually the…
The Psychology of Inflation: What Makes You Say, "No Way Am I Paying That"?
Value varies. Invest in what's valuable. It's a well-recognized human bias to feel losses more acutely…
When Shelter Becomes a Speculative Asset, Society Unravels
Does anyone really believe that the renunciation of massive, sustained stimulus of speculation in housing would…