The Biden Adminstration has implemented some modest curbs on drug prices. Big Pharma is fighting a rearguard action in court.
Recent Items
Tuesday, June 24, 2025
A Peek at Big Pharma’s Playbook That Leaves Many Americans Unable to Afford Their Drugs
Topics: Free markets and their discontents, Guest Post, Health care, Income disparity, Legal, Regulations and regulators, Ridiculously obvious scams, The destruction of the middle class
Posted by Yves Smith at 5:40 am | 23 Comments »
Interview: Treating Gun Violence as a Public Health Crisis
Some promising approaches to reducing gun violence.
Topics: Guest Post, Health care, Politics, Regulations and regulators, Social policy
Posted by Yves Smith at 5:12 am | 29 Comments »
2:00PM Water Cooler 8/18/2023
~ Today’s Water Cooler ~
Topics: Guest Post
Posted by Lambert Strether at 2:00 pm | 69 Comments »
“Venture Capital Funds Are Mostly Just Wasting Their Time and Your Money”
Yet more evidence that venture capital is good for the fund managers, not so much for anyone else.
Topics: Guest Post, Investment management, Private equity, Ridiculously obvious scams
Posted by Yves Smith at 11:54 am | 10 Comments »
Links 8/18/2023
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 150 Comments »
Better Late Than Never? Spain’s El País Sounds Alarm Over Consequences of Ukraine “Proxy War” for EU’s Future
After enthusiastically selling the war since its inception, the mainstream media in Europe may be beginning to change its tune.
Topics: Doomsday scenarios, Europe, Guest Post, Media watch, Politics, Russia
Posted by Nick Corbishley at 6:45 am | 58 Comments »
How Javier Milei Upset Argentina’s Political Status Quo
Yves here. We’re featuring a post from openDemocracy on Argentina’s primary results that had far-right candidate Javier Milei beating the candidates of the two parties that have been in power for two decades. The post is telling, and not in a good way. Milei does advocate extreme views (not that he can go as far […]
Topics: Banana republic, Currencies, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Politics, The destruction of the middle class
Posted by Yves Smith at 5:32 am | 14 Comments »
BRICS Officially Confirmed That It Doesn’t Want To De-Dollarize & Isn’t Anti-Western
Yet more evidence that the BRICS aren’t ready to launch a serious anti-dollar/new currency regime.
Topics: Africa, China, Currencies, Economic fundamentals, Globalization, Guest Post, India, Payment system, Russia
Posted by Yves Smith at 4:56 am | 35 Comments »
2:00PM Water Cooler 8/17/2023
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 58 Comments »
CDC’s HICPAC to Gut Hospital Masking Protection for Patients Based on Shoddy “Evidence Review” (and in Further Violation of FACA)
A searching examination of HICPAC’s anti-mask “Evidence Review.” Grab a cup of coffee!
Topics: Guest Post, Pandemic, Ridiculously obvious scams, Science and the scientific method
Posted by Lambert Strether at 1:55 pm | 28 Comments »
Links 8/17/2023
Topics: Links
Posted by Yves Smith at 6:55 am | 185 Comments »
Investors Start Thinking About Underpricing of Climate Risk
Some investors are worried that climate risk means their holdings are overvalued. It would be nicer if they worried about the real world too.
Topics: Doomsday scenarios, Economic fundamentals, Environment, Free markets and their discontents, Global warming, Globalization, Investment outlook, Politics, Risk and risk management, The dismal science
Posted by Yves Smith at 6:54 am | 30 Comments »
A New Climate Frontier
A recap of James Hansen’s latest clmate report, which finds the rate of warming has accelerated.
Topics: Doomsday scenarios, Environment, Global warming, Guest Post
Posted by Yves Smith at 12:28 am | 85 Comments »
NAM 2.0+G77 vs G7+NATO+OECD+WEF
Jomo warns US policies are creating war and depression, pushing developing nations to strengthen democratic institutions of global governance
Topics: Africa, Banana republic, China, Doomsday scenarios, Economic fundamentals, Environment, Free markets and their discontents, Globalization, Guest Post, Income disparity, India, Permaculture, Politics, Russia
Posted by Yves Smith at 12:02 am | 10 Comments »
2:00PM Water Cooler 8/16/2023
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 114 Comments »