How the government enables drug company grifting via giving them the store while funding reserch.
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Wednesday, August 27, 2025
Wall Street, Venture Capital Drive High Drug Prices
Topics: Banana republic, Free markets and their discontents, Guest Post, Health care, Legal, Politics, Privatization, Regulations and regulators, Ridiculously obvious scams, Technology and innovation, The destruction of the middle class
Posted by Yves Smith at 4:44 am | 9 Comments »
About That Bipartisanship…
What kind of bipartisanship do we want? Smooth-as-silk to grow our Pentagon and Praetorian Guard? Or disruptive to fight against all that?
Topics: Guest Post, Income disparity, Politics, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 2:00 am | 20 Comments »
2:00PM Water Cooler 4/12/2023
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 61 Comments »
I Tried to Pay My Taxes in Cash – Here’s What Happened, and Why the IRS Should Make It Easier To Do So
A shaggy dog story on trying to get the IRS to accept cash….
Topics: Currencies, Income disparity, Politics, Taxes
Posted by Yves Smith at 9:55 am | 30 Comments »
Links 4/12/2023
Topics: Links
Posted by Yves Smith at 6:58 am | 131 Comments »
Vaccine Effectiveness and Scientific Communication During COVID-19
Scientists and public health officials didn’t do a great job of explaining Covid vaccine efficacy. Laziness? Arrognace? Obfusction?
Topics: Dubious statistics, Guest Post, Health care, Media watch, Pandemic, Politics, Science and the scientific method, Social policy
Posted by Yves Smith at 6:57 am | 18 Comments »
James K. Galbraith: The Gift of Sanctions – An Analysis of Assessments of the Russian Economy, 2022 – 2023
Galbraith debunks conventional wisdom on sanctions against Russia.
Topics: Doomsday scenarios, Dubious statistics, Economic fundamentals, Energy markets, Guest Post, Russia, The dismal science
Posted by Yves Smith at 6:45 am | 24 Comments »
Trouble in Multifamily CRE: Two Big Messes, and Investors Are on the Hook, Not Banks
Data about who holds CRE loans is incomplete, but more is owned by investors than the media generally acknowledges.
Topics: Banking industry, Credit markets, Guest Post, Real estate
Posted by Yves Smith at 6:28 am | 3 Comments »
2:00PM Water Cooler 4/11/2023
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 104 Comments »
Agrivoltaics: The Farm-to-Solar Trend That Can Help Accelerate the Renewable Energy Transition
Using the same land for the production of both agriculture and solar energy is a win-win for the climate and farmers.
Topics: Energy markets, Environment, Global warming, Guest Post, Social policy, Social values
Posted by Yves Smith at 9:55 am | 49 Comments »
Links 4/11/2023
Topics: Links
Posted by Yves Smith at 6:55 am | 152 Comments »
Austria’s Third Largest Lender, Raiffeisen Bank International (RBI), Is Trapped In Russia, Its Most Lucrative Market
Raiffeisen Bank International (RBI) is one of the few large European banks that continues to conduct business more-or-less-as-usual in Russia. But as the profits from its Russian operations surge, the associated risks and costs are also rising.
Topics: Guest Post
Posted by Nick Corbishley at 6:47 am | 8 Comments »
For Uninsured People With Cancer, Securing Care Can Be Like Spinning a Roulette Wheel
Contending with cancer is horrific enough. Fighting to get care is scary, demoraizing, and can be fatal.
Topics: Banana republic, Free markets and their discontents, Guest Post, Health care, Income disparity, Regulations and regulators, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 5:50 am | 8 Comments »
Saudi- U.S. Relations Sour Further On Huge OPEC+ Surprise Cut
Yes, sports fans, the Administration blew it with Saudis. Dealings may have been set to sour, but Team Biden accelerated the process.
Topics: China, Energy markets, Globalization, Guest Post, Middle East, Politics, Russia
Posted by Yves Smith at 4:06 am | 43 Comments »
Why Did Covid Daily Case Counts and Covid Wastewater Readings Diverge in March 2022?
CDC turns out to be superb at scientific communication….
Topics: Guest Post, Pandemic
Posted by Lambert Strether at 3:25 pm | 14 Comments »