Crooked Bough News Round-up

— 2:00PM Water Cooler 3/31/2023

 

at 3/31/23 12:00pm

~ Today's Water Cooler ~

[Category: Water Cooler]

— Links 3/31/2023

 

at 3/31/23 4:55am

[Category: Guest Post, Links]

— That 80s Feeling: How to Get Serious About Bank Reform This Time and Why We Won’t

 

at 3/31/23 4:50am

The author argues for the widespread use of market values when assessing bank conditions, prompt corrective action by regulators, limiting deposit insurance protection to ensure market discipline, and shifting the political equilibrium.

[Category: Banking industry, Regulations and regulators]

— That 80s feeling: How to get serious about bank reform this time and why we won’t

 

at 3/31/23 4:50am

The author argues for the widespread use of market values when assessing bank conditions, prompt corrective action by regulators, limiting deposit insurance protection to ensure market discipline, and shifting the political equilibrium.

[Category: Banking industry, Regulations and regulators]

— Shining a Light on the UK Government’s Disingenuous Role in Trying to Kill Cash

 

at 3/31/23 4:33am

It should perhaps come as little surprise that when it comes to protecting the right to pay in cash, the UK government prioritises freedom of choice for businesses (to reject cash) over freedom of choice for citizens (to use it). 

[Category: Guest Post]

— Senators Alarmed By Use of Rent-Setting Algorithm, Say It’s Helping Drive Inflation

 

at 3/31/23 4:00am

How much is "information sharing" between mega property management companies driving the rise in housing costs?

[Category: Free markets and their discontents, Guest Post, Market inefficiencies, Pandemic, Real estate, Regulations and regulators, The destruction of the middle class]

— The Financial Crisis of 2023: Protecting Big Finance, Coming and Going

 

at 3/30/23 10:23pm

The financial system needs to provide a safe place for businesses to place their reserves and working capital.

[Category: Banana republic, Banking industry, Credit markets, Doomsday scenarios, Economic fundamentals, Federal Reserve, Free markets and their discontents, Guest Post, Income disparity, Politics, Regulations and regulators, Risk and risk management, The destruction of the middle class]

— Bostock v. Clayton County: One Innocent’s Excursion into Sex v. Gender

 

at 3/30/23 1:25pm

A review of Bostock, with a critique of self-identification

[Category: Guest Post, Politics]

— 2:00PM Water Cooler 3/30/2023

 

at 3/30/23 12:00pm

Today's Water Cooler

[Category: Water Cooler]

— Links 3/30/2023

 

at 3/30/23 4:55am

[Category: Guest Post, Links]

— Crypto Mining at Gas Wells Sparks Regulatory Headaches, Outcry in Northwestern Pennsylvania

 

at 3/30/23 4:25am

Before obtaining the required permits, Diversified Energy began installing cryptocurrency mining infrastructure on one of its thousands of well pads.

[Category: Banana republic, Environment, Guest Post, Regulations and regulators, Ridiculously obvious scams]

— Austerity for the Plebes, Bank Rescues for the Rich

 

at 3/30/23 1:31am

The bank panic is proving to be an exercise in class warfare that may well wind up further strengthening the right.

[Category: Banana republic, Doomsday scenarios, Economic fundamentals, Europe, Federal Reserve, Free markets and their discontents, Guest Post, Income disparity, Politics, Regulations and regulators, Risk and risk management, Social policy, The destruction of the middle class, The dismal science]

— Why the Repeal of Anti-Union Laws in Michigan Boosts Workers Nationwide

 

at 3/29/23 3:30pm

The union revival is gaining ground, with the latest win being the reversal of a "right to work" law in Michigan.

[Category: Free markets and their discontents, Guest Post, Income disparity, Legal, Politics, Social policy, The destruction of the middle class]

— European Gas Prices Extend Gains As French Strikes Block LNG Imports

 

at 3/29/23 1:21pm

The economic effects of the massive French strikes are starting to extend beyond France, although so far in a limited way. Is more to come?

[Category: Economic fundamentals, Energy markets, Europe, Guest Post]

— 2:00PM Water Cooler 3/29/2023

 

at 3/29/23 12:00pm

~ Today's Water Cooler ~

[Category: Water Cooler]

— Links 3/29/2023

 

at 3/29/23 4:58am

[Category: Guest Post, Links]

— Herman Daly (1938-2022): The Economist for Our Time

 

at 3/29/23 3:55am

The double question implied throughout Herman Daly’s work as an economist is this: “Is the economy for the people, or are the people for the economy?” nomy for the people, or are the people for the economy?”

[Category: Economic fundamentals, Energy markets, Environment, Globalization, Guest Post, Income disparity, Politics]

— “Biden’s Awkward Democracy Summit”

 

at 3/29/23 3:13am

The US trying even harder to tout the virtues of its ideas of democracy is not winning friends or influencing people.

[Category: Africa, Banana republic, China, Economic fundamentals, Europe, India, Politics, Russia, Social policy, Social values]

— Fossil Fuel Industry Phase-Out: Three Critical Worker Guarantees for a Just Transition

 

at 3/29/23 1:21am

PERI research shows just transition policies are easily affordable in all high-income countries and critical to limiting climate change

[Category: Doomsday scenarios, Dubious statistics, Energy markets, Free markets and their discontents, Guest Post, Politics, Regulations and regulators]

— 2:00PM Water Cooler 3/28/2023

 

at 3/28/23 12:00pm

~ Today's Water Coole

[Category: Guest Post, Water Cooler]

— ‘The Billionaire Bailout’: FDIC Chair Says the Biggest Deposit Accounts at SVB Held $13 Billion

 

at 3/28/23 9:11am

"The bailout really did protect billionaires from taking a modest haircut."

[Category: Banking industry]

As of 3/31/23 6:24pm. Last new 3/31/23 12:56pm.