Category Archives: Dubious statistics

Fighting Opioid and Painkiller Addiction

How the misapplication of an early study on opioid addiction risk help pave the way for overly-casual prescription of these drugs.

More Evidence that Private Equity Funds Fail as Investment: No Outperformance v. Stocks, Higher Volatility

Yet more data confirming that private equity is not what it is cracked up to be unless you do it in house.

Market Power, Low Productivity, and Lagging Wages: The Real Drivers

To understand labor productivity—and growing inequality—you have to look at the “dual economy”

Lump-of-Labor Fallacy: The Nastiest Motives of Nasty People

Why the lump-of-labor fallacy is bad for workers and for economics.

Yanis Varoufakis: Greece Was Never Bailed Out and Remains in Debtor’s Prison – Bild Zeitung Interview

Yanis Varoufakis revisits the Greece 2015 debt negotiations and describes how Greece still wears the austerity yoke.

Social Activism and the Economics of Mental Health

Is the recent vogue for social activity as a remedy for mental distress well founded?

Richard Murphy: “First, Let’s Kill All the Accountants” – On Accounting’s Systemic Failure

Why taking accounting for granted is a really bad idea.

Oxford Professor Phalippou: Since 2006, Private Equity Has Produced Only S&P 500 Returns While Reaping $400+ Billion in Fees

Oxford professor Ludovic Phalippou gives a decisive debunking of the claim that private equity outperforms.

Inequality and Ordinary Living Standards in Rich Countries

How the evolution of the rise in inequality in the US has dominated and distorted economists’ and pundits’ commentary; data show that some pet generalizations don’t hold up.

The Michael Hudson Report: The “Next” Financial Crisis and Public Banking as the Response

Michael Hudson explains how we’re still in the crisis that started in 2007-2008.

The World Is Hot, on Fire, and Flooding. Climate Change is Here.

In the midst of a global heat wave, the media refuses to talk about climate change.