California joins the list of states trying to choke health industry profiteering via spending limits. Can it work?
Recent Items
Tuesday, July 1, 2025
California Becomes Latest State To Try Capping Health Care Spending
Topics: Free markets and their discontents, Guest Post, Health care, Politics, Regulations and regulators
Posted by Yves Smith at 6:30 am | 11 Comments »
Battles Brew Over Radioactive Wastewater Discharge from Shuttered Nuclear Plants
New York State is trying to bar radioactive wastewater releases from out-of-service nuclear plants, as proponents insist they are safe.
Topics: Dubious statistics, Environment, Guest Post, Legal, Politics, Risk and risk management
Posted by Yves Smith at 5:59 am | 27 Comments »
2:00PM Water Cooler 6/4/2024
~ Today’s Water Cooler: Politics, syndemics; Biden’s interview with Time; carbon dioxide, viruses, and climate; Nabokov’s Pale Fire ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 80 Comments »
‘A Monstrosity’: Biden Blasted Over Planned Executive Order on Asylum
Biden attempts to throw big bone to the right on immigration. But will he satisfy anyone?
Topics: Free markets and their discontents, Globalization, Guest Post, Income disparity, Politics, Social policy, The destruction of the middle class
Posted by Yves Smith at 10:23 am | 37 Comments »
Links 6/4/2024
Topics: Links
Posted by Yves Smith at 6:55 am | 231 Comments »
Some Initial Thoughts on Mexico’s Genuinely Historic Election
Claudia Sheinbaum’s epic electoral victory would not have been possible without AMLO’s enduring — indeed, ripening — popularity. The question is: what will she do with her newfound power?
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 44 Comments »
Scott Ritter Removed from Plane to Russia and Had Passport Seized with No Explanation
Scott Ritter was set to travel to the St. Petersburg International Economic Forum, a major event, and make a presentation there. I am not clear on the details, but he also mentioned regularly on his various interviews that he was planning to visit many Russian cities and meet with Russians to promote better understanding between […]
Topics: Legal, Media watch, New McCarthyism, Politics, Russia
Posted by Yves Smith at 6:15 am | 117 Comments »
Latin America: From the Struggle for Independence (1808) to the Great War (1914)
An overview of political and economic post-colonial history in Latin America.
Topics: Economic fundamentals, Globalization, Guest Post, Income disparity, Politics
Posted by Yves Smith at 4:40 am | 7 Comments »
2:00PM Water Cooler 6/3/2024
~ Today’s Water Cooler: Politics, syndemics; Trump’s conviction; unions can defeat the right (in Europe); Charlie Watts ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 81 Comments »
Israel Boosterism Keeps Israel Bonds Afloat Even as Some Top Global Investors Exit
Israel bonds, an important element of Israel’s war financing, are coming under attack.
Topics: Investment management, Investment outlook, Legal, Middle East, Politics
Posted by Yves Smith at 10:37 am | 28 Comments »
Links 6/3/2024
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 219 Comments »
How Influencer Cartels Manipulate Social Media: Fraudulent Behaviour Hidden in Plain Sight
Influencer cartels can improve consumer welfare if they expand social media engagement to the target audience, but reduce welfare if they divert engagement to less relevant audiences. Rewarding engagement quantity encourages harmful collusion
Topics: Guest Post
Posted by Lambert Strether at 6:50 am | 16 Comments »
Italy Pipes Up Against NATO Escalation as Court Ruling Could Cut Off Russian Gas Sooner Than Expected
Italy also faces major energy squeeze from Red Sea crisis. Will opposition to Project Ukraine solidify or will Rome go along as it usually does?
Topics: Commodities, Corporate governance, Energy markets, Europe, Legal, Middle East, Private equity, Russia
Posted by Conor Gallagher at 6:00 am | 15 Comments »
Ready Reckoner For Killing – The Raisi Assassination
Why the death of Iran’s president Ebrahim Raisi looks more and more like an inside job rather than an accident.
Topics: Guest Post, Middle East, Politics
Posted by Yves Smith at 5:54 am | 14 Comments »
The Twenty-First Century Executive Branch Is a Criminogenic Environment
Alexander Hamilton’s “energy in the Executive” has a downside.
Topics: Garrulous insolence, Guest Post, Politics, Surveillance state
Posted by Lambert Strether at 4:25 pm | 46 Comments »