Thinking about the now-too-thinkable: what a new Gulf War would look like.
Thursday, August 7, 2025
What’s the Matter With Kansas Medicaid?
Bad news and good news from the Kansas Medicaid system (with special attention to Maximus, the health care body shop).
Who’s Most Afraid of a Latin American Debt Crisis (Apart from Latin America)?
By Don Quijones, Spain, UK, & Mexico, editor at Wolf Street. Originally published at Wolf Street. Economic history appears to be rhyming once again in Latin America. Perennial credit-basket-case Argentina was one of the first countries to suffer a major currency crisis this century. Now, its government has asked the IMF for a brand-new bailout. […]
Political Precariat
A look at the broader economic and political implications of the rise of the precariat.
Trump Vows (Again) To Lower Drug Prices But Skeptics Doubt Much Will Change
Why Trump’s drug price plan is unlikely to accomplish much.
2:00PM Water Cooler 5/11/2018
Today’s Water Cooler: GM in Korea, generic ballot, California Dems, corruption in New York, consumer sentiment, AirBnB, Tesla fires, Medicaid expansion, Walmart, RIP Klout, copiers
The Forgotten Vision of Market Socialism
How two economists sought to reconcile Marx’s idea of common ownership with market mechanisms.
CalPERS CEO Marcie Frost’s Featherbedding: Seeks Further Pay Increase Despite Underfunding, Municipalities Suffering to Meet Rising Pension Bills
Why authorizing a further pay increase for CalPERS CEO Marcie Frost is indefensible, but CalPERS cronyistic board will almost certainly set that plan in motion next week.
Ilargi: Iran – Let’s (Not) Make a Deal
And about that Iran deal….an elephant in the room the media and punditry are conveniently ignoring.
2:00PM Water Cooler 5/10/2018
Today’s Water Cooler: Midterm spending, sheriffs, consumer prices, shipping, medical supply chain, robot cars, DSGE models, volatility, large predators, birthday boy Karl Marx, Jony Ive, reading
Criminality, CalPERS Style: Board Members Misappropriate Public Funds by Signing Blank, Undated Expense Forms
The CalPERS Board President, Priay Mathur, the Board Services Unit, and board members are pre-signing expense forms in violation of the California Penal code.
Election-Rigging, CalPERS-Style: How Voting by Phone Was Designed to Favor Incumbent, Suppress Support for Challenger
CalPERS not only looks to have tried to throw the phone voting in a runoff election last year in favor of the incumbent, but it is acting awfully guilty by refusing to cough up records and data.
