Articles
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5 days ago |
nakedcapitalism.com | Yves Smith |Conor Gallagher
Water Tornadoes? Flamingos Use This Clever Trick To Trap Prey SciTech Daily Middle America’s indie perfume boom Dirt Letting Kids Be Kids Zvi Mowshowitz Climate/Environment Canada facing nearly 100 out of control wildfires triggering evacuations, emergency declarations Wildfire Today Smoke from Canadian wildfires triggers air quality alerts in Midwest and Plains NBC News When Air Quality’s Bad, Which Mask Should I Wear for Wildfire Smoke?
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1 week ago |
nakedcapitalism.com | Yves Smith
[If you see this note, it means this tariffs post launched before complete because reasons. Please come back at 7:45 AM EDT for a final version] The federal Court of International Trade has ruled that the Trump Administration exceeded its authority in levying “emergency” tariffs on virtually every country in the world, as well as in imposing fentanyl-related tariffs on China, Mexico, and Canada. We have embedded a copy of the opinion at the end of the post (hat tip Gordon H).
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1 week ago |
nakedcapitalism.com | Yves Smith
Yves here. Terry Flynn, a regular in the comments section and an expert in statistical analysis, has let us publish a critique of a fundamental issue in many regressions, which is omitting lambda. This sort of thing is over my pay grade, so I hope my introduction is not off the mark. Some esteemed academics such as economics “Nobel” prize winner Daniel McFadden have tried explaining the conundrum that Terry tackles below, but they seem to have lost patience.
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1 week ago |
nakedcapitalism.com | Yves Smith
Yves here. Many readers have found Tom Neuburger’s discussions of US constitutional issues to be informative and thought provoking, so it may seem churlish to have a quibble. But invoking the Constitutional frame in the midst of a reactionary revolution seems contrary to the fact that many of the Founding Father figures for this movement like Milton Friedman are libertarian anarchists.
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1 week ago |
nakedcapitalism.com | Yves Smith
Yves here. Readers will likely find the article below to be unduly cheery on the topic of “Whither Walgreens under the tender ministrations of its new private equity owner, Sycamore?” The drugstore business in the US has been consolidating, with close to 1/3 closing since 2010 despite the population continuing to rise. Independent drugstores have been the big loser, but even Rite Aid is shuttering more stores, in this case as the result of working through its second bankruptcy.
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