All articles from Naked Capitalism
Links 4/12/2026
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Iran War: Negotiations Fail; US Provokes with Destroyer Entry into Strait, Perhaps Pointing to Next Kinetic Moves
Today's Iran war update: As many anticipated, US-Iran negotiations failed. What comes next?
The Sunday Morning Movie Presents: Häxan (1922) Run Time: 1H 45M
Häxan is a movie about superstition, paranoia, and the abuse of power.
US Revisits Georgia’s Black Sea Port as Strategic Corridors Rise
After failed color revolution attempts, Washington tries reset with Georgia as it seeks to control Middle Corridor access to Black Sea.
Links 4/11/2026
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Iran War: Talks Delayed; Concerns That Conflict Destined to Resume; US to Concede Release of Some Iran Frozen Assets?
Iran war: In a telling sign, the start of talks has been pushed back due to disagreements over process.
‘Disgusting’: Trump’s Top Economic Adviser Brags About Killing 300,000 ‘High-Paying’ American Jobs
A key Trump ally engages in economic malpractice to defend Federal government slash and burn spending cuts.
Coffee Break: All War All the Time, AI on the Loose, and Hope for Muscular Dystrophy Patients
Part the First: War Begets War, A Conversation. Daedalus hosted a conversation among Robert Jay Lifton (1926-2025), Neta C. Crawford, and Matthew Evangelista last year. It was preprinted recently i
God Isn’t Good Enough – The Pope and the US Bishops Are Threatening the Catholic Vote for Trump and His Successors
Trump tries to muscle the Holy See as Catholic voters turn against him and the Iran war.
Links 4/10/2026
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Iran War: Ceasefire Negotiations a Ruse to Buy Time for Ground Attack as Hormuz Stays Closed; Hezbollah Hits Israel Hard After Savage Bombing; Saudis Move Back Syria Against Israel? Update: Iran Delegation Has Not Arrived in Islamabad?
Today's Iran war news: Both Iran and the US/Israel violate the ceasefire. But that may be fine with the US if the aim was just to buy time.
US Considers Withdrawing One of Its Military Bases in Spain As “Punishment” for Its Non-Cooperation in Iran War: WSJ
The threat comes just as Spain appears to be leading a shift in Europe away from Donald Trump's US.
Gig Jobs and Crime: Evidence from Food Delivery Platforms in France
Is gig work socially beneficial as an alternative to survival via crime?
After the Iran War: A New World Order, but Not a New System
The Iran War has accelerated the emergence of a new world order, but the world system remains the same. This distinction is crucial.
Psilocybin Mushrooms Are Going Mainstream, but Scientific Research and Regulation Lag Behind
Less is known about psilocybin mushrooms than you might think even as their popularity and potency of products like edibles rises.
Links 4/9/2026
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Iran War: US Pokes Iran in the Eye with Immediate Bad Faith Dealing Over Ceasefire; Strait of Hormuz Again Closed; US Insists Talks in Pakistan On but Iran Demands Halt in Lebanon Attacks
Today's Iran War news: The ceasefire fell apart, which looks to have been the plan, as in it was merely a ruse from the outset.
Satyajit Das: BNPL – Buy Now, Pain Later
A look at the economics of the hot new way to create yet more debt slaves: BNPL, as in buy now pay later loans.
Why Europe Can Still Face a Gas Crisis Without a Gas Shortage
The EU’s plans to buy US oil, LNG, and nuclear energy products to lower reliance on Russian gas by 2028 is costly!
Coffee Break: Fake Ceasefire, Cognitive Dissonance, & Conflicting Agendas
Reactions to yesterday's news of a ceasefire in the US-Iran Ramadan War have varied due to cognitive dissonance and conflicting agendas among key players including POTUS Trump, Israel, Iran's Supreme
The Fight Over ‘Critical Minerals,’ Explained
How the US is playing dog-in-the-manger with critical minerals by disregarding WTO rules so as to stymie China.
Links 4/8/2026
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Iran War: MSM Ceasefire Reporting Obscures Iran Agreeing to US Capitulation, Trump Depicting Different Deal; Israel Not a Party, States It Will Not Comply; Reason to Doubt Much Hormuz Traffic Increase Soon, Which Would Mean More Supply Pressure
Today's Iran War news: why the much-ballyhooed Iran ceasefire is much less than it seems to be.
Notes on the American Justification for the Ramadan War in West Asia of 2026
Why is the United States at war with Iran in 2026? Several excuses have been used by the current administration to justify the spiral of conflict and ratchet of escalation over the past five weeks.
Can I Opt Out of Having My Doctor Take Notes With AI?
What if anything you can do to prevent recording and AI transcriptions/summaries of doctor visits.
Coffee Break: Armed Madhouse – Running Dry in the Sky
U.S. global air power depends on aerial refueling, but the tanker fleet that sustains it is under growing strain. What appears sufficient on paper becomes fragile in practice, revealing a widening gap
The Fed, Congress, and the President: The Constitutional Authority to Make Money
The struggle over the Fed is a constitutional conflict: in a representative system, the power over money belongs to the legislature
Links 4/7/2026
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Iran War: Trump Threatens to Destroy Iran in 4 Hours This Evening if No Capitulation; US/Israel Again Attack South Pars Gas Field
Today's Iran war news: Trump has committed to a deadline and demands, which Iran is rejecting, Iran has vowed to match his threat of apocalyptic damage.
Claudia Sheinbaum’s Blitzkrieg War on Cash
Governments in Mexico have been trying to replace cash with digital payment alternatives for over a decade, and have largely failed. Until now...
As Rocket Launches Increase, They May Be Polluting the Skies
Research suggests that rocket exhaust and debris could be threatening the ozone layer, though uncertainties persist.
Coffee Break: Weak Links Oracle, OpenAI, UAE Are Hammered by Iran War
Weak links OpenAI, Oracle, and the UAE are strengthening their ties even as the Ramadan War exposes their increasing vulnerabilities.
Zero-Waste Community Kitchens Turn Scraps into Flavor-Packed Dishes
On community restaurants that practice and teach food sustainability through optimal cooking to reduce waste and improve health.
Links 4/6/2026
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Iran War: Trump Makes Even More Unhinged Threat as Details of F-15 Pilot Rescue Point to Much Bigger Plan, Say to Seize Enriched Uranium; Trump Legitimacy Crisis Grows as Battered Gulf States Pull Back on US Investment, Particularly AI
Today's Iran war news: Trump goes even more crazy as the F-15 rescue looks more like the tip of the iceberg of a big botched mission.
War Against Iran Exposes Fragility of Much Ballyhooed Eurasian Trade Corridors
With main routes clogged, other trade corridors struggle to launch and suffer setbacks from war as ‘heartland’ integration is delayed.
Standing Witness to University Complicity in Criminal Wars of Aggression
Military-related research at universities helps the imperialist state find ways to more effectively kill people around the world who resist US domination.
Links 4/5/2026
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Iran War: Trump Doubles Down on “Reign Hell” April 6 Threat, Also Reports F-15 Officer Rescued; US Strike on Bushehr Nuclear Plant Breaches Protection Circuit; Multiple Interconnected Supply Crises Baked in Within Weeks; UPDATE Iran Claims Two More US Planes Downed
Today's Iran war news: Trump reiterates his dangerous escalation threat as the real economy Titanic is about to hit the iceberg.
The Sunday Morning Movie Presents: Night On The Galactic Railroad (1985) Run Time: 1H 48M
Midnight on the Galactic Express is a movie about friendship, spiritual development, and this journey called life.
The 2026 Southwest U.S. Heat Wave Was One of the Six Most Astonishing Weather Events of the Century
From the Pacific Northwest to Antarctica, it’s extraordinary warmth that’s punching through climate norms with the most force.
Links 4/4/2026
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Iran War: Disaster in Iran as Multiple Aircraft Downed, Pilot Missing; Iran Pounds Israel Hard After Trump Asks for 48 Hour Ceasefire; Concerns in Military and Congress Over Purge of Reality-Grounded Officers
Today's Iran war update: aircraft downed and at least one pilot missing in Iran follows a Saturday Night Massacre-style military purge
Prediction Markets Make a Bet Against Public Health
Online prediction markets evade safeguards against gambling and risk normalizing addictive behaviors.
Coffee Break: The Fallacy of ESG, Baseball, Deep Education, and More AI Follies
Good afternoon. Time for a break. Given the wall-to-wall coverage by Yves and others here, nothing explicit on this Good Friday about the Ramadan War in West Asia. Instead, herewith a few reflectio
What’s Cheaper: Fueling Your Car With Gas or Electricity?
A comparison on EV charging expenses state by state in the US. Any similar data in other countries based on recent electricity costs?
Links 4/3/2026
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Iran War: US Continues Escalation by Striking Iran Bridge, Opening Way for Iran Destruction of Critical Links; Iran Moving to Attack Economic Targets
Today's Iran war update: The US continues its escalation with a strike on Iran's biggest bridge even as Mr. Market starts a belated protest.
Keir Starmer’s Schrödinger’s War
Is the United Kingdom at war with Iran or not?
AI’s Fluency in Other Languages Hides a Western Worldview That Can Mislead Users
Quelle surprise! AI, as in LLMs trained on English data sets, are not so hot when faced with non-Western cultural issues.
How the Iran War Could Reshape the Global Cultural Order
The Iran War and the Hormuz struggle could end U.S. oil and financial unilateralism, ultimately dismantling Western cultural dominance
Will Trump’s Idiotic Iran War Spell the End of NATO?
Trump attacked on Iran with no consultation with NATO allies, doing them great harm, yet angrily demands help. Who wants an ally like that?
Links 4/2/2026
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Iran War: Iran Pounds Israel with Huge Missile Barrage Just Before Trump’s Unhinged Speech Doubling Down on Failed Escalation; US Greatly Exposed to Shock as Inventories Depleted During April
Today's Iran War update: Trump doubles down on failure as investors and pundits wake up to the economic consequences of Iran's victory.
Satyajit Das: The Wages of War
War is not only bad for living things, but is also not-so-hot for economies and of course, societies.
Beyond Oil: The Macroeconomic Impact of Commodity Supply Disturbances
Economists typically ignore the impact of non-oil commodity shocks. They look to be at least as damaging as energy shocks.
Coffee Break: AI Subprime Crisis Both a Victim and an Expression of Idiocracy
While global attention has been focused on the Ramadan War with Iran, the long-awaited collapse of OpenAI is quietly accelerating.
A Fifth of NYC Built on Bygone Water Now at Risk: Study Maps City’s ‘Blue Zones’
Researchers identified more than 500 places in NYC where water was, where it floods and that will get worse due to climate change.
Links 4/1/2026
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Iran War: Israel Would Thwart Trump TACO Even if Genuine; US Forces Still Arriving in Middle East as Trump to Speak This Evening; Could Strait of Hormuz Traffic Rise Meaningfully With Less Hot Conflict?
Why Trump's apparent TACO via his hissy to leave the Strait of Hormuz mess to others may be a deception despite rising economic damage.
Türkiye and Other ‘Mediators’ Play Good Cop Against Iran
“Peace talks” among Türkiye, KSA, Pakistan, and Egypt try to kill Iran softly.
How Polling Failures, Gambling Legalization and Political Gridlock Paved the Way for the Explosive Rise of Prediction Markets
In the opinion of this humble blogger, prediction markets epitomize what is wrong with modern society. l
Coffee Break: Armed Madhouse – The Invulnerable Golden Dome
The pursuit of an “invulnerable” missile defense system confronts technical, economic, and strategic limits. Perfect interception is unattainable, validation is inherently incomplete, and a fully real
Michael Hudson and Steve Keen: How the Global Crisis Will Unfold
Michael Hudson and Steve Keen: discuss how the Iran war economic crisis will generate inflation first, and then deflation and depression.
Links 3/31/2026
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Iran War: Trump Threatens Destruction of Iran Electric Generation and Oil Wells Even as WSJ Reports Temporary TACO on Trying to Force Open Strait of Hormuz
Today's Iran war update: WSJ – Trump is trying to rearrange the deck chairs on the Titanic by not opening the Strait now but still fighting
Where Does Russia’s Just-in-Time Energy Lifeline Leave Cuba?
"We cannot be indifferent to the desperate situation that Cubans are experiencing today," said Dmitry Peskov.
Five Reasons Why the US Declined To Enforce Its De Facto Blockade on Cuba for Russia
Cuba gets a bit of an energy break thanks to a Russian tanker, but this delivery won't change outcomes.
Coffee Break: Moral Imbeciles Lead U.S. to War
The moral imbeciles ruling the United States have blundered into disaster because they are incapable of recognizing the stakes of the game.
Drillers See Triple-Digit Crude and Hit the Brakes
Why drillers won't be sucker punched by increasing production in response to a very large price increase that may be short-lived.