Finance

Sustainability of AI Investments amid High Interest Rates

One of the great mysteries of recent history is why tightening monetary policy has failed to significantly reduce economic activity,…

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Links 7/11/2026 | bare capitalism

Passersby Can’t Believe Who They See Sharing A Picnic Table In Alaska The Dodo A passenger was partially ejected from…

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“Five Facts About Uncovered Interest Parity Premium”

That is the topic of the paper By Şebnem Kalemli-Özcan Liliana Varela that I had the opportunity to discuss at…

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Cloudflare Threatens To Cut Google Out Of Its Search Publishers Due To AI Hacking

One of our biggest complaints about AI is that it steals our copyrighted content. On top of that, the intensity…

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Links 7/10/2026 | bare capitalism

Leap Seconds Was a Headache. Now Timekeepers Consider Leap Hour Gizmodo A child’s portrait of Adolf Hitler at a New…

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A Brief History of Strategic Spending in the US

A May 29 article on the IMF F&D Magazine opposes the use of the US tax as a policy tool.…

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AI Investment Mania Has Started to Flood the Economy, and the Fed Has Started to Worry About the Consequences

Yves here. It’s not like the Fed, or central banks in general, think much about possible asset bubbles, since they…

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My interview with the wonderful Joel Mokyr

Here is the audio, video, and transcript. Here is a partial summary of the episode: Tyler and Joel discuss European…

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How Victory Became the Shared Ethos of the US Oligarchy

Two brothers are playing chess. One examines the Queen. Others are thoughtful but don’t see the saving movement. My father…

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How Unions Are Paving the Way to the American Dream

Yves here. This article explains how unions, even in an era of weak bargaining rights, can protect wages and benefits,…

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