How Inequality Leads to Industrial Feudalism
How highly unequal asset ownership diminishes social mobility and institutionalizes modern-era feudalism.
Read more...Author Archives: Yves Smith
Why Medicare Doesn’t Pay for Rapid At-Home Covid Tests
No access to Covid home tests beyond the 4 per month per address freebie is yet another proof that Medicare sucks.
Read more...Covid: “The Narrative Is Crumbling”
The Covid spin-doctoring machine is staring to emit smoke.
Read more...Andrew Bacevich: America’s Very Long War
Ruminations on our seemingly neverending war, starting with Vietnam….but is that the right frame?
Read more...Links 1/22/2022
Patient, Beware: Some States Still Pushing Ineffective Covid Antibody Treatments
We warned from Omicron’s onset that most monoclonal antibodies would be ineffective, yet lots of MDs have not gotten the memo.
Read more...Book Review: Why Our Emotions Are So Powerful
Science writer Leonard Mlodinow explores our emotions’’ ability to spur intelligent, nuanced action.
Read more...Headstrong Girls and Dependent Boys: Gender Differences in the Labour Market Returns to Child Behaviour
Gender-stereotype defying boys and girls appear to carry on that way as adults and pay a financial price.
Read more...Macron Suggests EU-Russia Talks. Meltdown Among EU, US Apparatchiks Follows.
Macron stands up for the idea that the EU should have a say about being dragged into a conflict with Russia. Can’t have that!
Read more...UN Report: The World’s Farms Stretched to ‘A Breaking Point’
UN: Climate-stressed, pollution-degraded farms system must adopt sustainable practices to feed an additional 2 billion by 2050.
Read more...CORBEVAX, a New Patent-Free COVID-19 Vaccine, Could Be a Pandemic Game Changer Globally
Corbevax, a protein subunit vaccine, is easier to produce than current Covid vaccines. But short duration of immunity remains a concern.
Read more...Links 1/20/2022
Appeals Court Revives Case Against McKinsey for Widespread Bankruptcy Court Fraud
McKinsey is again in hot water, now for an appellate court reviving a case that McKinsey lied in bankruptcy court for fun and big profits.
Read more...The World’s Food Systems Are in Crisis, and Big Agribusiness Is at Its Heart
Public finance plays a large role in agriculture. Instead of propping up corporate interests, it should learn from local food producers
Read more...Russell 2000 Drops Below Year Ago Level. Collapse of IPOs, SPACs, Housing “Tech” Stocks, ARKK, etc. Progresses
The most-hyped stocks are collapsing, some by 90%, such as EV SPACs, as the sordid underbelly of the stock market comes unglued.
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