How highly unequal asset ownership diminishes social mobility and institutionalizes modern-era feudalism.
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Friday, December 26, 2025
How Inequality Leads to Industrial Feudalism
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Market inefficiencies, Politics, Privatization, Social policy, The destruction of the middle class
Posted by Yves Smith at 5:30 am | 22 Comments »
Why Medicare Doesn’t Pay for Rapid At-Home Covid Tests
No access to Covid home tests beyond the 4 per month per address freebie is yet another proof that Medicare sucks.
Topics: Banana republic, Guest Post, Health care, Pandemic, Politics, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 1:31 am | 58 Comments »
2:00PM Water Cooler 1/24/2022
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 125 Comments »
Bangladesh-Based Group Promotes Plans to Resettle Climate Refugees
Where will climate refugees go? Bangladesh-based group promotes a ten-year resttlement program
Topics: Global warming, Guest Post, India, Politics
Posted by Jerri-Lynn Scofield at 11:55 am | 9 Comments »
Links 1/24/2022
Topics: Guest Post
Posted by Jerri-Lynn Scofield at 6:55 am | 130 Comments »
John Helmer: Content Analysis of Secretary Blinken at Geneva Reveals Psychopathological Incapacity to Negotiate with Russia
Tested in two hot wars, and during the Cold War, the RAND method for gauging the intention of the adversary predicts this about Blinken – he wants war with Russia; he has no mind for any alternative.
Topics: Banana republic, Doomsday scenarios, Politics, Russia
Posted by Jerri-Lynn Scofield at 6:25 am | 77 Comments »
Covid: “The Narrative Is Crumbling”
The Covid spin-doctoring machine is staring to emit smoke.
Topics: Banana republic, Doomsday scenarios, Dubious statistics, Health care, Income disparity, Media watch, Pandemic, Politics, Science and the scientific method, The destruction of the middle class
Posted by Yves Smith at 4:00 am | 198 Comments »
Andrew Bacevich: America’s Very Long War
Ruminations on our seemingly neverending war, starting with Vietnam….but is that the right frame?
Topics: Banana republic, China, Doomsday scenarios, Globalization, Guest Post, Middle East, New McCarthyism, Politics, Russia
Posted by Yves Smith at 1:52 am | 63 Comments »
Nothing Fundamental Has Changed: Biden Administration Greenlights More Fossil Fuel Drilling Permits in 2021 for Public Lands and Waters than Did Trump in 2017
A coalition of climate groups calls on the Biden administration to use existing statutory authority as a basis for executive action to phase out fossil fuel extraction on public lands.
Topics: Banana republic, Doomsday scenarios, Energy markets, Environment, Global warming, Legal, Politics, Regulations and regulators
Posted by Jerri-Lynn Scofield at 11:55 am | 12 Comments »
Links 1/23/2022
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 291 Comments »
Beavers Offer Lessons About Managing Water in a Changing Climate, Whether the Challenge Is Drought or Floods
Beavers, nature’s engineers, seem able to dam any stream, building structures with logs and mud that can flood large areas, thus restoring ecosystems and mitigating the effects of climate change.
Topics: Environment, Global warming, Guest Post
Posted by Jerri-Lynn Scofield at 6:50 am | 19 Comments »
Links 1/22/2022
Topics: Links
Posted by Yves Smith at 6:55 am | 315 Comments »
Patient, Beware: Some States Still Pushing Ineffective Covid Antibody Treatments
We warned from Omicron’s onset that most monoclonal antibodies would be ineffective, yet lots of MDs have not gotten the memo.
Topics: Dubious statistics, Guest Post, Health care, Pandemic, Ridiculously obvious scams, Science and the scientific method
Posted by Yves Smith at 4:19 am | 19 Comments »
Book Review: Why Our Emotions Are So Powerful
Science writer Leonard Mlodinow explores our emotions’’ ability to spur intelligent, nuanced action.
Topics: Guest Post, Risk and risk management, Science and the scientific method, Social values
Posted by Yves Smith at 3:49 am | 22 Comments »
2:00PM Water Cooler 1/21/2022
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 120 Comments »


