The Fifth Risk: Michael Lewis explains how the "deep state" is just nerds versus grifters

Michael Lewis is a national treasure, whose gift for explaining how finance grifters think and operate has spawned a whole genre, which he dominates with books like Liar's Poker (an insider view of the S&L crisis); The Big Short (a character-driven, crystal-clear explainer on the financial engineering that led to the 2008 crisis), and Flash Boys (the shitty math and bafflegab behind high-speed trading); and now, The Fifth Risk: an astounding and terrifying book about the experts who fill the ranks in the US government and the Trump-administration grifters who are destroying the work they do to keep us from dying of tornadoes, nuclear accident, food poisoning and a million other dangers, large and small. Read the rest

George Mason economics department admits it sold hiring control to anonymous, super-rich donors

Universities -- especially public universities -- are never, ever supposed to cede their academic independence to their donors, who might otherwise use their departments as glorified think-tanks, laundering their ideology and giving it the veneer of objective, scholarly credibility. Read the rest