How Austerity Caused the NHS Crisis
As the NHS crisis intensifies, a look at how the once esteemed service got there.
Read more...Category Archives: Moral hazard
As Gig Economy Grows, Its Toll on Workers Mounts
Democrats help the gig economy expands its reach as it brings pain and suffering to more American workers.
Read more...What Blew Our Financial Bubble So Big?
Why it’s more fun and profitable to be in the bubble economy than the real one.
Read more...Healthcare Expert Greg Travis Speaks About the Official Disappearing of COVID-19 Pandemic
Healthcare and technology expert Greg Travis gives a detailed account of how the officialdom has lied about Covid in the interest of profit.
Read more...Michael Hudson: On Debt Parasites
Michael Hudson’s favorite theme: why debt cancellation was a regular practice in ancient societies and what happens now that we’ve rejected it
Read more...Pentagon Blasted for ‘Unacceptable Failure’ to Reckon With Civilian Casualties
The United States has not lived up to its legal and moral commitments or its own stated policies to protect civilian lives.
Read more...Nassim Nicholas Taleb: No, Covid 19 Is Not an Old Person Problem
Yves here. Nassim Nicholas Taleb shreds the misguided logic behind Covid age-ism. And that’s before getting to the fact that in South Africa, the notion that the old are more likely to get really sick is simply not true: The newscaster starts by describing an “exponential” rise in cases, then interviews the head of ICU […]
Read more...Climate Injustice at Glasgow Cop-Out
How the largely optical, pro-business gestures at addressing climate change were an affront to developing countries.
Read more...McKinsey, the Force Multiplier for the Opioid Crisis, Goes All in With Anti-Public-Health Messaging on Covid
This is Naked Capitalism fundraising week. 612 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in the financial realm. Please join us and participate via our donation page, which shows how to give via check, credit card, debit card, or PayPal. Read about why we’re doing this fundraiser,, what […]
Read more...Biden Must Call Off the B-52s Bombing Afghan Cities
The US is really bad at losing, as our (literal) parting shots at Afghan cities shows.
Read more...US History Shows Spending on Infrastructure Doesn’t Always End Well
Despite promoters’ claims, infrastructure projects often aren’t great public successes.
Read more...The Disturbing Rise of the Corporate Mercenaries
Now that Congress is showing interest in taking back its control of war powers, it could look at stealh warmaking via mercenaries too.
Read more...The Moral Hazard of Limited Liability
Some concrete ideas for how to pin the tail of the limited liability donkey back on key insiders, and make regulators accountable.
Read more...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...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.
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