How Hospitals’ Profit Orientation Led to Covid-19 Unpreparedness
How hospitals set themselves to perform badly in pandemic conditions.
Read more...Author Archives: Yves Smith
It’s Time for a Debt “Jubilee”
Households and businesses are overloaded with debt. Richard Vague offers a set of proposals for how to restructure it.
Read more...How NAFTA Lost Democrats the South
How the New Democrats’ trade deals fractured the multi-racial coalition that Martin Luther King had helped forge in the South.
Read more...Telemedicine Tales
An MD who has supported telemedicine discusses some pitfalls in the Covid-era implementations.
Read more...Journey into a Libertarian Future: Part V – Dark Realities
A libertarian perspective on nobility, democracy, and lobbying.
Read more...Thousands of New York ‘Long Haulers’ Struggle with COVID-19 Months After Diagnosis
Some doctors estimate that there are as many as 70,000 “long Covid” patients in New York alone.
Read more...Demonizing Socialism and “Macroeconomic Populism”: Myths of Soft Budget Constraints
Some econmists have criticized industrial policy as zombie-crearting “macroeconomic populism.” Evidence indicates otherwise.
Read more...Brexit: Snake Eyes
Boris Johnson is pressing his Brexit luck, which wasn’t looking all that hot.
Read more...Isolation, Addiction, and Drug Use in the Covid-19 Moment
Covid is rough on pretty much everyone, but those with drug or other substance abuse issues are really on the ropes.
Read more...Trump’s Eviction Moratorium Opens the Door for Medicare for All by Executive Order
Since Covid-19 will be with us till at least the end oe 2021 (and I suspect longer), it opens the path for emergency Medicare for All.
Read more...Hubert Horan: The Airline Industry Collapse Part 4 – Total Paralysis Continues
Hubert Horan recaps a talk with FT Alphaville’s Izabella Kaminska on why the airline is in desperate shape and not considering solutions.
Read more...The Bahrain-Israel Mutual Recognition
A take on why Bahrain followed the UAE in recognizing Israel.
Read more...America’s Dire Inequality Demands a New Conceptual Framework. This Economist Has One.
Lance Taylor explains that wage repression — far more than monopoly power, offshoring or technological change — is driving rising inequality.
Read more...CalPERS Cooks Its Books: Grossly Understated Investment Consultant Meketa’s Expenses in Annual Financials; Made a Criminal False Account by Burying the Cost
CalPERS violates accounting rules by hiding outside consulting costs in internal investment overheads. None of the possible reasons are good.
Read more...CalPERS’ Bad Numbers: CEO Marcie Frost’s Multi-Hundred Thousand /Year Advisor Randle Communications Missing from Board Reports
A remarkable series of accidents led to the CalPERS board not being told how much CEO Marcie Frost’s advisor Randle Communications costs.
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