Monday, June 19, 2023

naked capitalism [new]

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• Links 6/19/2023
• Blinken-Qin Talks in Beijing: US and China Agree to Keep Talking Past Each Other
• Mammoth RICO Lawsuit Targets Credit Suisse, Many of its Directors and Execs, and KPMG for Over a Decade of Fraudulent, Reckless Conduct
• Profit Inflation Is Real
• Are the Canadian Wildfires Really "Natural" Disasters?
• Links 6/18/2023
• Firms' Use of Artificial Intelligence: Cross-Country Evidence on Business Characteristics, Asset Complementarities, and Productivity
• Links 6/17/2023
• To His Last Breath, Daniel Ellsberg Fought to Save the World

Links 6/19/2023

19 Jun 2023 06:55 AM EDT

Blinken-Qin Talks in Beijing: US and China Agree to Keep Talking Past Each Other

19 Jun 2023 06:46 AM EDT
Readouts from a meeting between Anthony Blinken and his counterpart Qin Gang indicate the US and China are barely communicating.

Mammoth RICO Lawsuit Targets Credit Suisse, Many of its Directors and Execs, and KPMG for Over a Decade of Fraudulent, Reckless Conduct

19 Jun 2023 05:06 AM EDT
Credit Suisse, or more accurately, buyer UBS, some execs/board members, and KPMG are targets in a monster RICO suit.

Profit Inflation Is Real

19 Jun 2023 03:47 AM EDT
More evidence that companies hiking prices because they can is a significant driver of our current inflation.

Are the Canadian Wildfires Really "Natural" Disasters?

18 Jun 2023 02:55 PM EDT
"Only you can prevent wildfires" is neoliberal nonsense.

Links 6/18/2023

18 Jun 2023 06:58 AM EDT

Firms' Use of Artificial Intelligence: Cross-Country Evidence on Business Characteristics, Asset Complementarities, and Productivity

18 Jun 2023 06:50 AM EDT
Evidence of polarised adoption – with larger and more productive firms more likely to use AI – indicates the potential for widening gaps between leaders and other firms and reinforces the need for policies aimed at fostering an inclusive digital transformation.

Links 6/17/2023

17 Jun 2023 06:55 AM EDT

To His Last Breath, Daniel Ellsberg Fought to Save the World

17 Jun 2023 06:17 AM EDT
Paul Jay on Ellsberg: "Dan fearlessly risked everything in his unwavering quest for social justice and opposition to war. "



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