Private equity continued to buy up and crapify more medical specialist practices. The latest target is eye care, particularly surgeries.
Recent Items
Saturday, January 24, 2026
Private Equity Sees the Billions in Eye Care as Firms Target High-Profit Procedures
Topics: Banana republic, Free markets and their discontents, Guest Post, Health care, Private equity, Regulations and regulators
Posted by Yves Smith at 4:38 am | 11 Comments »
New USPS Delivery Network: Radically Cutting Rural Service, Headcount; Likely to Further Slow Delivery
The gutting of USPS is accelerating. A step backwards for what passes as American civilization.
Topics: Banana republic, Free markets and their discontents, Guest Post, Infrastructure, Politics, Privatization, Real estate, Regulations and regulators, Social policy, Social values
Posted by Yves Smith at 2:30 am | 11 Comments »
Procrastinators of the World, Unite! Last Day, Last Chance for Our 2022 Fundraiser!
We’re entering the home stretch for our 2022 fundraiser. Come chip in to make it the best evah!
Topics: Notices
Posted by Yves Smith at 7:00 pm | 15 Comments »
2:00PM Water Cooler 9/19/2022
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 84 Comments »
Pope Francis Endorses “Moral” Arms for Ukraine
Pope Francis’ recent statement that providing weapons to Ukraine can be a moral decision puts him at odds with his own pronouncements on war over the years and with a large chunk of the population of the Global South, now the population center for the Catholic Church.
Topics: Guest Post, Politics, Russia
Posted by John McGregor at 10:55 am | 31 Comments »
Links 9/19/2022
Topics: Guest Post, Links
Posted by John McGregor at 6:58 am | 180 Comments »
Yanis Varoufakis: Time to Blow Up the Electricity Markets
How the EU’s neoliberal Rube Goldberg electricity market has made the energy shortage problem much worse than it needed to be.
Topics: Banana republic, Doomsday scenarios, Economic fundamentals, Energy markets, Europe, Free markets and their discontents, Guest Post, Politics, Regulations and regulators, The dismal science
Posted by Yves Smith at 6:30 am | 30 Comments »
KLG: What Naked Capitalism Means to Me
To the barricades, um, Tip Jar! Naked Capitalism deserves your support.
Topics: Notices
Posted by Yves Smith at 6:24 am | 8 Comments »
Why Black Wednesday Still Matters – It Was the Start of Markets Telling Politicians What to Do
Alexis Stenfors assesses the importance of Black Wednesday as a juncture in the history of central banks. By showing they could beat the Bank of England, traders changed the entire power relationship.
Topics: Economic fundamentals, Guest Post, Macroeconomic policy
Posted by John McGregor at 5:00 am | 15 Comments »
Truss’s Plan to Hike Defence Funding and Ignore the Climate Is a Disaster
How Liz Truss’ defense budget math does not work…or does really well if the point is to roll social support back to Victorian workhouses.
Topics: Doomsday scenarios, Economic fundamentals, Environment, Free markets and their discontents, Global warming, Social policy, Taxes, The destruction of the middle class, UK
Posted by Yves Smith at 4:30 am | 7 Comments »
Announcing the 2022 Harry Shearer and Friends “Double Your Donation” Challenge!
Harry Shearer and two anonymous donors are making a big reader challenge! Will you take them up on it?
Topics: Notices
Posted by Yves Smith at 2:30 am | 11 Comments »
Tories Create a Hostile Environment for Gypsies and Travellers
Tory policy and legislation on Gypsies and Travellers deprives them of a place to live and targets them with criminal penalties.
Topics: Guest Post, Legal, Real estate, Social policy, UK
Posted by John McGregor at 8:55 am | 18 Comments »
Links 9/18/2022
Topics: Guest Post, Links
Posted by John McGregor at 6:55 am | 202 Comments »
The Inflation Reduction Act (IRA): A Brief Assessment
The Inflation Reduction Act does almost nothing to address inflation and will have only modest effects on energy transition in the USA.
Topics: Guest Post, Macroeconomic policy, Politics
Posted by John McGregor at 6:50 am | 7 Comments »
Thanks! Met Our Sixth Goal, On to Our Seventh: More Original Reporting
Help fund what we most like to do, but find hardest to get to: original reporting.
Topics: Notices
Posted by Yves Smith at 9:29 pm | 1 Comment »


