Private Equity Now Buying Up Primary Care Practices
Private equity is doing yet more damage to heath care as it buys up primary care practices en masse.
Read more...Author Archives: Yves Smith
The Icepick Surgeon: Tales of Scientists Gone Rogue (or Worse)
Author Sam Kean follows the long trail of amoral scientists, and their justifications.
Read more...Artificial Intelligence Wants You (and Your Job)
Yves here. Two things about increased automation frost me. One is its stealth or main purpose as forcing planned obsolescence. So irrespective of the impact on job/labor content, any savings won’t necessarily accrue to users. Two is automation/AI serving as an excuse to shift costs and tasks onto consumers. How many times do customer service […]
Read more...Financial Times: “Things Could Fall Apart for Biden”
Even Biden loyalists are getting nervous.
Read more...Reconstructing US-China Relations
Can the US and China be friends, or at least not so hostile? Jeffrey Sachs has some ideas.
Read more...Quelle Surprise! New Study Confirms that Public Pension Funds Use Flattering Benchmarks to Hide Failure to Beat Simple Indexing; CalPERS Is a Case Study
Documenting yet another way public pensions funds lie to themselves and their many constituencies about their performance.
Read more...The Delta Variant Thrives in a State of Political and Public Health Discord
More worries about Delta.
Read more...Haiti Ruling Families Create and Kill Monsters
How Haiti is a fiefdom for gangs and foreigners pilfering the country’s natural resources.
Read more...The U.S. Shale Revolution Has Surrendered to Reality
The funding for shale production in the US has dried up as moneybags finally realize that there’s no profit to be had.
Read more...Hospital ‘Trauma Centers’ Charge Enormous Fees to Treat Minor Injuries and Send People Home
The trauma center ripoff provides more evidence that the medical industry is primarily in the business of exploitation, not care.
Read more...Links 7/16/2021
California Senate Shoots Down CalPERS’ Private Debt Secrecy Bill; Board Hissy Fit Reveals It Never Questioned Staff Misrepresentations
CalPERS is no longer being given the benefit of the doubt by the legislature, and can’t handle a request to ‘splain itself.
Read more...Bad News About Iran and Nuclear Deal
Oof, Biden blows the chance to keep relations with Iran from moving further in the wrong direction by capitulating to his hardliners.
Read more...Biden Targets Non-Compete Agreements, Which Restrict the Job Opportunities of Millions of Low-Wage Workers
Biden goes after non-compete agreements….but will this effort make a difference?
Read more...Robinhood’s Revealing Ad Pitch: We’re All Investors, Alone
The latest Robinhood campaign is more raspberry than rah rah.
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