Part the First: Denial Ain’t Just a River in Egypt. This summer has been one of the hottest since temperature records have been kept. Most of the hottest years ever recorded have been in the last twenty years. The mechanism that caused anthropogenic global warming (AGW) was mentioned by the polymath Charles Babbage in 1835 […]
Recent Items
Friday, September 11, 2026
Coffee Break: Climate Denialism and the State of Scientific Literature
Topics: AI, Coffee Break, Doomsday scenarios, Science and the scientific method
Posted by KLG at 2:00 pm | 9 Comments »
The Race to Cut Methane Emissions Is Exposing a Global Divide
Large methane emissions are easy to detect and often fairly easy to contain, yet few of the big sinning countries are taking action.
Topics: Doomsday scenarios, Energy markets, Environment, Global warming, Guest Post
Posted by Yves Smith at 9:55 am | 1 Comment »
Links 9/11/2026
Topics: Links
Posted by Conor Gallagher at 6:55 am | 63 Comments »
New Poll Suggests That 70% of EU Citizens Have a Negative View of EU
The really surprising thing is that it isn’t higher.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 22 Comments »
Iran War: Ansar Allah Takes Mocha and the Bab el-Mandeb Islands, Putting Both Chokepoints in Play; Trump Says the War Ends After the Midterms While Vance and Rubio Tell Him January 2029
Ansar Allah rolled into Mocha and the Bab el-Mandeb islands, sending US stock prices down and bond yields up. Trump said war would end after the mid-terms. Vance and Rubio seem to disagree.
Topics: Doomsday scenarios, Dubious statistics, Economic fundamentals, Energy markets, Media watch, Middle East, Politics, Turkey
Posted by Nat Wilson Turner at 6:00 am | 73 Comments »
Are Too Many Americans Taking Antidepressants?
RFK, Jr. wants to wean many Americans off antidepressants. How sound are his views?
Topics: Dubious statistics, Guest Post, Health care, Science and the scientific method, Social policy
Posted by Yves Smith at 2:55 am | 14 Comments »
Israel and the Far Right Want You to Believe There Is an Islamic Invasion of the West
Israel helps manufacture the myth of an “Islamic Invasion of the West,” which the far right uses to distract from systemic Western crises
Topics: Europe, Middle East, Politics, Social policy, Social values
Posted by Curro Jimenez at 2:14 pm | 17 Comments »
Has Capitalism Failed, or Has Neoliberalism Destroyed It?
Capitalism comes in many flavors. Sadly, the neoliberal one that has become dominant is particularly rancid.
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Macroeconomic policy, Politics, Privatization, Regulations and regulators, The destruction of the middle class, The dismal science
Posted by Yves Smith at 10:50 am | 48 Comments »
Links 9/10/2026
Topics: Links
Posted by Conor Gallagher at 6:55 am | 127 Comments »
Iran War: Pakistan and Turkiye Saber Rattle at Iran Over Ansar Allah Attacks on Saudis; Oil at $101 a Barrel Even as Flows Out of Persian Gulf Increase Despite Iran’s More Aggressive Footing
Today’s Iran war news: Oil prices grind upward as Pakistan and Turkiye bare their teeth over Ansar Allah’s attacks on the Saudis.
Topics: Doomsday scenarios, Dubious statistics, Economic fundamentals, Energy markets, Media watch, Middle East, Politics, Turkey
Posted by Yves Smith at 5:15 am | 89 Comments »
James Galbraith: The Impotence of Being Kevin Warsh
Kevin Warsh only partly sees that Fed tools and policy concepts may not work given AI, shifting prices, and the fading power of interest rates
Topics: Dubious statistics, Economic fundamentals, Energy markets, Federal Reserve, Free markets and their discontents, Guest Post, Investment outlook, Macroeconomic policy, Politics, Technology and innovation, The dismal science
Posted by Yves Smith at 5:00 am | 31 Comments »
25 Years of War Was the Wrong Response to 9/11
How 9/11 served as a pretext for 25 years of warmaking that has done great damage, including to most Americans.
Topics: Doomsday scenarios, Guest Post, Media watch, Middle East, Politics, The destruction of the middle class
Posted by Yves Smith at 1:43 am | 47 Comments »
Coffee Break: Hegseth, Altman and Zuckerberg, Elite Impunity Run Amock
Pete Hegseth might not seem to have much in common with Mark Zuckerberg and Sam Altman, but all exemplify American elite impunity in late stage American empire, plus they all work for the military industrial complex.
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 15 Comments »
Why Governments Tax: A List
If governments that issue currency don’t need to tax, why do they do it?
Topics: Free markets and their discontents, Guest Post, Income disparity, Macroeconomic policy, Social policy, Social values, Taxes, The dismal science
Posted by Yves Smith at 9:55 am | 20 Comments »
Private Equity: How the Big Long Became a Long Con as Fund Managers Hang on to Investor Funds Trying to Keep Up Pretense of Adequate Performance
Private equity investors have their cash stuck in funds longer than expected as managers are loath to sell companies and realize poor returns.
Topics: Dubious statistics, Guest Post, Investment management, Legal, Private equity, Ridiculously obvious scams
Posted by Yves Smith at 8:30 am | 5 Comments »


