Category Archives: Moral hazard

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 […]

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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 […]

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