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HomeEconomicsLinks 6/6/2022 | naked capitalism

Links 6/6/2022 | naked capitalism

Lambert and I, and many readers, agree that Ukraine has prompted the worst informational environment ever. We hope readers will collaborate in mitigating the fog of war — both real fog and stage fog — in comments. None of us need more cheerleading and link-free repetition of memes; there are platforms for that. Low-value, link-free pom pom-wavers will be summarily whacked.

And for those who are new here, this is not a mere polite request. We have written site Policies and those who comment have accepted those terms. To prevent having to resort to the nuclear option of shutting comments down entirely until more sanity prevails, as we did during the 2015 Greek bailout negotiations and shortly after the 2020 election, we are going to be ruthless about moderating and blacklisting offenders.


P.S. Also, before further stressing our already stressed moderators, read our site policies:

Please do not write us to ask why a comment has not appeared. We do not have the bandwidth to investigate and reply. Using the comments section to complain about moderation decisions/tripwires earns that commenter troll points. Please don’t do it. Those comments will also be removed if we encounter them.

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I Rented an Electric Car for a Four-Day Road Trip. I Spent More Time Charging It Than I Did Sleeping. WSJ


Gabriel Makhlouf: Climate change – avoiding the “Do I Feel Lucky?” school of policymaking (PDF) Bank of International Settlements

This 34-year-old’s start-up backed by Bill Gates and Jeff Bezos aims to make nearly unlimited clean energy CNBC.

Miracle Fuel Hydrogen Can Actually Make Climate Change Worse Bloomberg


COVID-19 cases are on the rise. Does it matter anymore? The Hill


Monkeypox Tracker Global Health. Commentary:

On Monkeypox, if we could just decide to “Let ‘er rip” openly and right away, instead of posturing and having many meetings and pressers, I for one would be very grateful.


Dust Off That Dirty Word Detente and Engage With China Niall Ferguson (!), Bloomberg

Can the new US-led Indo-Pacific Economic Framework really compete with China’s mammoth Belt and Road Initiative? South China Morning Post

Chinese Influencer’s Ice-Cream Pitch Inadvertently Introduces Fans to Tiananmen Square Massacre WSJ

Hong Kong School, Bar Clusters Send Cases to Six-Week High Bloomberg


Assassinations Become Weapon of Choice for Guerrilla Groups in Myanmar NYT. Local administrators for the junta have been targeted for at least a year, as NC readers know.

A night with Myanmar’s wizards Today Nigeria News


India’s First Case Of Sologamy Creates Awareness Of New Trend – Analysis Eurasian Review (Furzy Mouse).


Boris Johnson faces vote of no confidence in his leadership FT. About time.

Brits Go Wild When Queen Has Tea With Paddington Bear HuffPo

New Not-So-Cold War

Ukraine War Day #102: Who Controls Severodonetsk? Awful Avalanche

Russia hits Kyiv with missiles; Putin warns West on arms AP

Ukraine war: UK to send Ukraine M270 multiple-launch rocket systems BBC. More or less same range as HIMARS. So, long-range compared to a howitzer, not long-range like an ICBM.

As Ukraine loses troops, how long can it keep up the fight? AP

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Turkey President Erdogan Claims ‘panic Observed’ In Europe Over Russia-Ukraine War Republic World

We Can’t Be Ukraine Hawks Forever Ross Douthat, NYT

Why rushing to document war crimes in Ukraine poses problems FT

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NATO holds Baltic Sea naval exercises with Finland, Sweden AP

Bosphorus sea trade unaffected by Ukraine war, sanctions Hellenic Shipping News

Russia’s Lavrov forced to cancel Serbia visit after neighboring countries close airspace Politico

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Ukraine volunteer fighter and US citizen Craig Lang armed by Colombia to overthrow Venezuela’s gov’t, FBI source says The Gray Zone

US Excludes Cuba, Venezuela, Nicaragua From Regional Summit Bloombergx

US to allow Venezuelan oil to be shipped to Europe: report The Hill

Biden Administration

Bad Branding: Another blobby bite at the anti-restraint apple Stephen Walt, Responsible Statecraft

Regulatory Capture Cory Doctorow

Supply Chain

The cost of complexity in supply chains FT

Shipping Chaos Is the Latest Sign that Capitalism Is Eating Itself Tribune

The Bezzle

Australian Dogecoin creator Jackson Palmer on grifts, Elon Musk, crypto bubbles and Pauline Hanson Crikey

Investors say Miami crypto whiz kid took them to the cleaners Miami Herald


Delay may be darkest hour ever Uvalde Leader-News

Going to an NRA convention to find the “Mark Zuckerberg of guns” Yasha Levine


The Steele Dossier and Lying to the FBI — Not Guilty as Charged John Kiriakou, Scheerpost

Capitol Seizure

Scoop: Jan. 6 committee’s private divide Axios

Police State Watch

‘I’m not going to help you:’ Man drowned in Tempe Town Lake as police watched, transcripts reveal FOX10

‘Trying to help’: Police officers from across Texas converge on Uvalde in wake of massacre at Robb Elementary Houston Chronicle

Our Famously Free Press

Silicon Valley Corporations Are Taking Control Of History Caitlin’s Newsletter

Calling Bullshit The Art Of Skepticism In A Data Driven World with Carl Bergstrom and Jevin West (video) Center for Inquiry (NL).

L’Affaire Joffrey Epsteins

Elon Musk asks why ‘leaking’ Justice Department won’t spill Jeffrey Epstein and Ghislaine Maxwell’s client list and says it’s ‘odd’ officials remain silent on billionaire pedophile and his madam Daily Mail. He’s right. But degrees of separation:

Class Warfare

Eclipse of Rent-Sharing: The Effects of Managers’ Business Education on Wages and the Labor Share in the US and Denmark (PDF) NBER. From the Abstract: “This paper provides evidence from the US and Denmark that managers with a business degree (“business managers”) reduce their employees’ wages. Within five years of the appointment of a business manager, wages decline by 6% and the labor share by 5 percentage points in the US, and by 3% and 3 percentage points in Denmark….. We establish that the proximate cause of these (relative) wage effects are changes in rent-sharing practices following the appointment of business managers. Exploiting exogenous export demand shocks, we show that non-business managers share profits with their workers, whereas business managers do not.” Professional Managerial Class.

How ‘Mega Landlords’ Threaten Housing Stability for Renters Invisible People (DCBlogger).

Thoughts on software-defined silicon Nobody tell John Deere…

Debunking the Minnesota Study of Twins Reared Apart Mad in America

Antidote du jour (via):

See yesterday’s Links and Antidote du Jour here.

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