ProMarket and the Consumer Welfare Standard: Output increase is not sufficient to increase welfare. Allocation, aka distribution, matters.
Wednesday, July 23, 2025
How German Foreign Minister’s Cancelled Trip Due to Plane Problems Is Symbolic of Country’s Decline
The fact FM Baerbock had to cancel trip and fly home commercial is a useful metaphor for Berlin’s recent rash of self-inflicted wounds.
Memes About Animal Resistance Are Everywhere — Here’s Why You Shouldn’t Laugh off Rebellious Orcas and Sea Otters Too Quickly
Are human and nonhuman animals’ struggles against oppression intertwined?
A Peek at Big Pharma’s Playbook That Leaves Many Americans Unable to Afford Their Drugs
The Biden Adminstration has implemented some modest curbs on drug prices. Big Pharma is fighting a rearguard action in court.
Interview: Treating Gun Violence as a Public Health Crisis
Some promising approaches to reducing gun violence.
2:00PM Water Cooler 8/18/2023
~ Today’s Water Cooler ~
“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.
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.
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 […]
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.
2:00PM Water Cooler 8/17/2023
~ Today’s Water Cooler ~
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!
