Reviewing Healthcare Costs as Driven by Pharma, Hospitals, and Doctors
Decomposing the rise in US healthcare costs. Of course, it’s not much due to more or better care, but higher charges.
Read more...Category Archives: Free markets and their discontents
FTX/Alameda’s Caroline Ellison and Gary Wang Sign Plea Deals for Seven Felonies in Hopes of Reduced Sentences; New SEC Filing Adds Charges Based on Deeming FTT a Security
More shoes drop in the FTX saga as Caroline Ellison and Gary Wang cooperate with officials and we get an idea of the tales they are telling.
Read more...Big Pharma’s Obscene Profits, Not Striking Nurses, Are Killing the NHS
US patients are not the only victims of Big Pharma price gouging.
Read more...Monopoly Power vs Democracy – Matt Stoller
A wide-ranging discussion of some of the key mechanisms for exercising power in advaced economies, starting with monopolies.
Read more...Meet the Grinch Stealing Social Security, the Future of Gen Y And Z
ow Social Security is a victim of wage stagflation.
Read more...The Political Disruptions of Fiscal Austerity
Confirmation that austerity is bad for political stabiity because ordinary citizens don’t take well to their governments treating them badly.
Read more...Michael Hudson Discusses the Future of Europe and Global Restructuring
Michael Hudson describes how the war with Russia is changing the economic and political order, and not to the advantage of Europe and the US.
Read more...Stocks Open Eyes, See Fed Pivot Hawkish; ECB Hike into Recession, Start QT; BoE Hike into Recession; SNB Hike, Sell Foreign Currency Assets
ECB’s assets drop by €800 billion. Mexico hiked too today, way ahead of the Fed, keeps peso from falling against USD.
Read more...Bankman-Fried, Political Money, and the Crash of FTX
How FTX showering money on both parties to try to paralyze regulators.
Read more...Needed Global Financial Reforms Foregone Yet Again
The pathologies that produced the financial crisis are still circulating.
Read more...Notes on SBF’s Indictment and SEC/CFTC Civil Suits, Incarceration, Meetup with Reality
SBF’s fortunes just took a big nosedive, or for the more jaundiced, got marked to market.
Read more...New York Times Strike: From Reporters to Rabble-Rousers
Workers at the New York Times stopped working to demand better pay and labor rights—but only for a day. What if they flexed their power?
Read more...Is Canada Euthanizing the Poor?
Canada’s assisted death program attracts people living in misery due to lack of support from the state.
Read more...Dethroning the Dollar: What Governments Propose, IT Disposes
Why the road away from the dollar will have many twists and turns.
Read more...Dethroning the Dollar: Why the Alternatives Are Not Ready for Prime Time
Why the dollar’s demise is not around the corner.
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